Off Topic Does anybody understand bitcoin?

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SydneyTiger14 said:
That's a fair point if you're assessing something at a particular point in time. So yes at this very moment his portfolio has earned less, because it's more risky. Savings accounts don't have zero risk though, it's just incredibly minimal. Otherwise tell that to the poor sods in the GFC who had their banks collapse!
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In the UK savings are protected by the state up to £85k per bank. Still not absolutely zero risk technically I suppose, because theoretically the state could fail to fulfill that guarantee, but effectively it is.
 
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PLT said:
In the UK savings are protected by the state up to £85k per bank. Still not absolutely zero risk technically I suppose, because theoretically the state could fail to fulfill that guarantee, but effectively it is.
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Yeah I'm being a bit facetious ("That's not like Syd!") but was just pointing out if you're getting any sort of return, that's almost always a reflection on the level of risk said investment has.
 
FLG said:
You're looking for solid companies that have a strong income stream - FTSE100 types.

VOD, LLOYDS, BP all give good dividend which you can leave to reinvest and compound over time. Should be 5 years minimum and ideally 10 years - dint know your timelines.

Keep diversity of sectors in mind. So you might think of good divi payers like M&G or Legal and General

Alternatively you could look at ETF funds that are actively (rather than passively) managed and track a basket of companies, an index or sector and accumulate (ACC) and reinvest dividends.

That way your shielded from big drops if one of the companies underperform.

There are lots of those types of ETF.
Examples are FIDELITY have a US QUALITY UCITS or GLOBAL QUALITY UCITS.

Another example is something like VANECK Semiconductor UCITS ETF if you fancy getting exposure to tech stocks in that sector.

These are just examples and not investment advice. Always do your own research.
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Yeah…what he said!
 
Not bad, considering I didn't think we'd see profit until the halvening in April.
 

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I'm ex-BAE and have been sat on a large accumulated bundle for years, they've been on a huge bull run for the last year and I've held my nerve, I've now sold, no capital gains as from employee schemes, and will reinvest some in high yield shares for passive income, still reluctant to buy into bitcoin.
 
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It's probably the time to invest some of it in bitcoin or a company that gets an income from Bitcoin mining e.g Nvidia.
 
M88 EVN said:
It's probably the time to invest some of it in bitcoin or a company that gets an income from Bitcoin mining e.g Nvidia.
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Nvidia / AMD doing very well at the moment.

There's always room for some boring old dividend payers for income like Aviva / Phoenix / Legal and General paying 7%+ pa
Depends on your timeline.

Never need to be all in or out.
 
FLG said:
Nvidia / AMD doing very well at the moment.

There's always room for some boring old dividend payers for income like Aviva / Phoenix / Legal and General paying 7%+ pa
Depends on your timeline.

Never need to be all in or out.
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L&G are up 15% since October and as you point out, paying a dividend of 7%+, so in wondering why they were so low to begin with.. what does the market know that i don't. Same with Lloyds.

Imperial tobacco paying a dividend of 10% if you're not ethically invested, but who knows how long they'll be around these days.

Solar and wind power companies taking a beating since summer. OX2 are a big enough company that have halved... No dividend though.
 
Heimdallr said:
L&G are up 15% since October and as you point out, paying a dividend of 7%+, so in wondering why they were so low to begin with.. what does the market know that i don't. Same with Lloyds.

Imperial tobacco paying a dividend of 10% if you're not ethically invested, but who knows how long they'll be around these days.

Solar and wind power companies taking a beating since summer. OX2 are a big enough company that have halved... No dividend though.
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All insurance premiums up despite no claims, home and car. Bastards no wonder the share price is up.
 
I've reinvested in Phoenix Group and Vodafone for high yields and a fair current share price, I felt the L&G share price was high and dividend was less than PHNX. Already hold Aviva and Lloyds. Cheers.
 
The only cryptocurrency I’ve invested in is quant (QNT). It’s basically solves interoperability and allows different blockchains to communicate with each other. Believe they’re now working with the government on the creation of the digital pound.
 
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originalminority said:
I've reinvested in Phoenix Group and Vodafone for high yields and a fair current share price, I felt the L&G share price was high and dividend was less than PHNX. Already hold Aviva and Lloyds. Cheers.
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Ive lumped in on Ferrexpo - listed on ftse250 - around 72, its 75 now.

Cash rich, not so much debt, paying a dividend of around 13%. Share price down as with all miners, due to China economy uncertainty, but data looking a bit better now... But the big thing that has pushed the price down is that they're heavily weighted in iron ore mines in the Ukraine and their supply chain is up and down due to ports being closed and opened. If peace breaks out, I'm gambling on the share price doubling overnight.. if the war stops at the same time as interest rate cuts and global economy shooting up, could treble money...

Not investment advice etc..
 
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