HighlandTiger

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

My TSF Xmas Draw pressie has arrived. 
Thanks to @A1dyn3

Received my Christmas gift/draw
Big thanks to @HighlandTigersuperb gift  and really great selection of world silver too 
 

Just stick in Uranium - young guy, good presenter, honest too. Its quite good as it goes into its makeup, whats its been used for & how little people have actually died from the meltdowns. 
Obviously Hiroshima was and exception, but a lot of it was fear mongering from the us government I think, like that they are doing now. 
He went to all the main sites and had a long term detector thing. At the end of the series he had only had as much radiation anyone normally gets in a year. 
It discusses how good it is in developing energy while almost being green (as its just water given off). The only problems I can see is the waste as it takes 100,000 years to degrade. Plus the publics perception of the risk, vs any potential meltdowns (which are super rare). There was also a girl on it who is developing a reactor that uses nuclear waste with sodium Fluride, she only looks about 20. The next generation are going to be all like Elon Musk is now I think in 30 years time. 

Cameco has shot up. I have been watching and the only opportunity was when the markets dropped, but everyone seems to have switched to energy & cheap value stocks now as the tech bubble collapse looms - that 30% drop in ten minutes must have spooked a lot of people as a lot of the 'loading up on tesla' brigade have moved to oil & and other value stuff now. just have to wait for them to react to the next piece of news I would say. Its good news for gold as thats now unpopular. I am not sure might wait and see what happens with stimulus, vaccines & trump. Could be a very good buying opportunity soon. Biden banning fracking would be good, but Janet Jellen is only a good thing for us atm. assuming they pivot out of energy. 
 

Just noticed that GCL.L has ongoing charges of over 4% per year. Bit pricey. Their biggest holding is Nexgen Energy (NXE) which has risen sharply recently and probably explains most of GCL's rise.

This may have nullified any usual price drop.
https://oilprice.com/Latest-Energy-News/World-News/Oil-Wells-On-Fire-After-Attack-On-Iraqi-Oilfield.html

I Dont have the patience or self control for individual stocks really, am saving into index tracker funds on Hargreaves Lansdown though.

It's all the silver forum members that are newly into share dealing. 😂

I have looked into having a SIPP. I already have a company pension, so I'm already benefiting  from "free money". And although I can have both, a company pension and a SIPP. I decided to currently go with a S&S ISA. I look at it this way. With a S&S ISA, you don't pay any tax on any profits, but with a SIPP although you get an extra 20% on the money you put in, you pay 20% 75% of your profits.
I think of it as similar to going into a bookies a few years back when you had to choose do I pay tax on the stake or on the winnings.
With a SIPP, if I put £10k into it, I immediately get an extra £1250, if I increase the pot 10 fold, that will be  £112,500. If I withdraw it I get 25% tax free  which is £28,125, leaving  £84,375 which is taxed, I cant take it out in one hit as I'll end up paying a higher tax rate. So I'd have to stagger it, but even at 20% tax that would mean a tax bill of  £16,875. So from my £112,500 pot, I will receive back £95,625.
With a S&S ISA, if I put in £10k, and if I increase the pot 10 fold, I get £100,000. I can take this out at any time, without any tax bill. 
The government, is either taxing your savings at source, (the S&S ISA, by not giving you tax relief), or taxing you on your "winnings" (the SIPP) 
 

I have looked into having a SIPP. I already have a company pension, so I'm already benefiting  from "free money". And although I can have both, a company pension and a SIPP. I decided to currently go with a S&S ISA. I look at it this way. With a S&S ISA, you don't pay any tax on any profits, but with a SIPP although you get an extra 20% on the money you put in, you pay 20% 75% of your profits.
I think of it as similar to going into a bookies a few years back when you had to choose do I pay tax on the stake or on the winnings.
With a SIPP, if I put £10k into it, I immediately get an extra £1250, if I increase the pot 10 fold, that will be  £112,500. If I withdraw it I get 25% tax free  which is £28,125, leaving  £84,375 which is taxed, I cant take it out in one hit as I'll end up paying a higher tax rate. So I'd have to stagger it, but even at 20% tax that would mean a tax bill of  £16,875. So from my £112,500 pot, I will receive back £95,625.
With a S&S ISA, if I put in £10k, and if I increase the pot 10 fold, I get £100,000. I can take this out at any time, without any tax bill. 
The government, is either taxing your savings at source, (the S&S ISA, by not giving you tax relief), or taxing you on your "winnings" (the SIPP) 
 

Don't you guys find it interesting the S&P500 got to record highs on the first volume highlighted, then this massive volume since September has only gotten it a few % higher
Who is selling and who is buying

I hope I'm right in saying it's you can put up to £20k into the isa p/a but you  don't pay any tax on money made
 
 

I have looked into having a SIPP. I already have a company pension, so I'm already benefiting  from "free money". And although I can have both, a company pension and a SIPP. I decided to currently go with a S&S ISA. I look at it this way. With a S&S ISA, you don't pay any tax on any profits, but with a SIPP although you get an extra 20% on the money you put in, you pay 20% 75% of your profits.
I think of it as similar to going into a bookies a few years back when you had to choose do I pay tax on the stake or on the winnings.
With a SIPP, if I put £10k into it, I immediately get an extra £1250, if I increase the pot 10 fold, that will be  £112,500. If I withdraw it I get 25% tax free  which is £28,125, leaving  £84,375 which is taxed, I cant take it out in one hit as I'll end up paying a higher tax rate. So I'd have to stagger it, but even at 20% tax that would mean a tax bill of  £16,875. So from my £112,500 pot, I will receive back £95,625.
With a S&S ISA, if I put in £10k, and if I increase the pot 10 fold, I get £100,000. I can take this out at any time, without any tax bill. 
The government, is either taxing your savings at source, (the S&S ISA, by not giving you tax relief), or taxing you on your "winnings" (the SIPP) 
 

I have looked into having a SIPP. I already have a company pension, so I'm already benefiting  from "free money". And although I can have both, a company pension and a SIPP. I decided to currently go with a S&S ISA. I look at it this way. With a S&S ISA, you don't pay any tax on any profits, but with a SIPP although you get an extra 20% on the money you put in, you pay 20% 75% of your profits.
I think of it as similar to going into a bookies a few years back when you had to choose do I pay tax on the stake or on the winnings.
With a SIPP, if I put £10k into it, I immediately get an extra £1250, if I increase the pot 10 fold, that will be  £112,500. If I withdraw it I get 25% tax free  which is £28,125, leaving  £84,375 which is taxed, I cant take it out in one hit as I'll end up paying a higher tax rate. So I'd have to stagger it, but even at 20% tax that would mean a tax bill of  £16,875. So from my £112,500 pot, I will receive back £95,625.
With a S&S ISA, if I put in £10k, and if I increase the pot 10 fold, I get £100,000. I can take this out at any time, without any tax bill. 
The government, is either taxing your savings at source, (the S&S ISA, by not giving you tax relief), or taxing you on your "winnings" (the SIPP) 
 

Hi HT
Some advice if it’s not been considered already? 
Put your savings into a SIPP instead of a dealing account or ISA. Benefits are, you get 25% automatically added to your account as tax relief. 40% if a higher earner. I look on this as my margin for error. You can also just sit this money as cash with no cost until the right opportunity comes along. Or just hold acertain % as cash as part of your asset allocation. 
Ypu can access SIPP from age 55 and take 25% tax free. You can drawdown or take an annuity if worthwhile or a combination of all.
Ive not been saving in SIPP for long but it soon adds up. Also, you take the longer term view and make more considered investments. I like the fact it’s locked in until a set year although I hope to “crystallise “ it a few years later than the earliest opportunity. 
Put a reasonable amount into bonds a and tracker funds with very low dealing and ongoing costs. Moneyvator website is excellent in this regard https://monevator.com/category/investing/passive-investing-investing/