TSLA SP seems to have found some temporary support but I just hope investors really look at the fundamentals here and not the FOMO.
TSLA dropping like a stone.
I guess it's P/E is only what 1000 now...still 30x that of Apple (and Apple SP sure is looking funky ATM)!!
You're seeing a future chapter in economics books being writing as we speak this week IMO.
why are you so obsessed with Tesla?
Shares from other companies are available, if you don’t like Tesla, don’t buy it.
Anyone got any recommendations for a good managed stock ISA? I don’t want to get involved with managing/buying/selling etc, so something simple and ideally not too UK-centric. I’ve already got some savings in a managed building society account which is split across various Fidelity products, and I’ve been very happy with that so far, it has done way better than cash. I’d just like something similar elsewhere to park a bit more money and spread-bet a little. Any pointers?
Tony, I would suggest to open an isa with Hargreaves Lansdown. There is a huge choice of funds are available, the website is very user friendly. You do pay a bit more in management charges, but the level of service is worth it in my opinion.
Their ‘Portfolio+‘ thing looks pretty much what I’m after. Basically I don’t want to get involved in running anything at all, I just want to buy into something as I have a reasonable sum sitting around that is making nothing at all at present. It’s long-term, five years minimum, more likely 10+, just money I want to stash towards a better house later in life. I’ve not used any of this year’s tax free ISA allocation so I’m looking to get something solid in place by year-end. I’ve been very happy with the Fidelity stock stuff I got through the building society about 5-6 years ago, that seems to have done about 4 to 4.8% in the year Jan to Jan judging from the last statement.
Their ‘Portfolio+‘ thing looks pretty much what I’m after. Basically I don’t want to get involved in running anything at all, I just want to buy into something as I have a reasonable sum sitting around that is making nothing at all at present. It’s long-term, five years minimum, more likely 10+, just money I want to stash towards a better house later in life. I’ve not used any of this year’s tax free ISA allocation so I’m looking to get something solid in place by year-end. I’ve been very happy with the Fidelity stock stuff I got through the building society about 5-6 years ago, that seems to have done about 4 to 4.8% in the year Jan to Jan judging from the last statement.
Their ‘Portfolio+‘ thing looks pretty much what I’m after. Basically I don’t want to get involved in running anything at all, I just want to buy into something as I have a reasonable sum sitting around that is making nothing at all at present. It’s long-term, five years minimum, more likely 10+, just money I want to stash towards a better house later in life. I’ve not used any of this year’s tax free ISA allocation so I’m looking to get something solid in place by year-end. I’ve been very happy with the Fidelity stock stuff I got through the building society about 5-6 years ago, that seems to have done about 4 to 4.8% in the year Jan to Jan judging from the last statement.
Vanguard offer the best VFM for index tracking funds. I would recommend "Vanguard FTSE Developed World ex-U.K. Equity Index Fund GBP, IAcc+ GB00B59G4Q73:GBP" . Performance is top notch for a commercial index fund over last 5 years (almost 100% gain) but with only 0.15% per annum fee.
Vanguard offer the best VFM for index tracking funds. I would recommend "Vanguard FTSE Developed World ex-U.K. Equity Index Fund GBP, IAcc+ GB00B59G4Q73:GBP" . Performance is top notch for a commercial index fund over last 5 years (almost 100% gain) but with only 0.15% per annum fee.
Vanguard offer the best VFM for index tracking funds. I would recommend "Vanguard FTSE Developed World ex-U.K. Equity Index Fund GBP, IAcc+ GB00B59G4Q73:GBP" . Performance is top notch for a commercial index fund over last 5 years (almost 100% gain) but with only 0.15% per annum fee.
I’m liking the look of Fundsmith a lot, that could well be the one. It is sufficiently different in concept/attitude to what I already have (I actually have a fait bit in Vanguard, but via building society/Fidelity) and looks like it will do what I want.
Nobody knows what the future holds, but you could do a hell of a lot worse than give your money to Terry Smith to look after, IMHO.
I’ve actually just done it! I’ve no idea if I’ve bought-in at a good or bad time, but as I say I don’t want to think about that sort of thing. If I start thinking about it I’d just get all obsessive, and I’ve got way enough of that in my life! Bloody scary pushing the button though...