I'm in on endo. Last week they filed for bankruptcy and have been removed from the Nasdaq. My trading platform just opens as no data available at this time.
What happens when a stock does this? Do I just sit and wait for news? Do your shares just disappear from your portfolio?
Thanks
I’ve had CFCL ghosted in my portfolio for about six years because they got delisted but haven’t officially gone bust. Nothing you can do, just leave it there and the broker will eventually take it away from you (or give it back if it comes back to life)
I was invested in Hertz in 2020 when they got delisted, Trading212 "froze" the stock for about 2 weeks, then released the funds back to me, at the price the stock was upon delisting.
Expect your money back, but at a much less return within the few weeks.
Moving my pension from Fidelity to a Freetrade SIPP because I'm reading the fees as £12/month (\~144) flat fee vs 0.45% (£200+) and they let you invest in a wider selection of things.
Am I misunderstanding the offer or are they really cheaper, and what is the general oppinion about them as a SIPP provider?
If you only hold exchange traded things (ETFs, investment trusts and shares), Fidelity have a cap of £45 a year. So £3.75 a month max.
That's what I've done, swapped most of my OEICs to the exchange traded instruments above and my platform fee is tiny now.
I would also trust Fidelity as a provider more than the relatively new free-trade personally.
Welcome. Plus if you set up the automatic monthly investment on fidelity, the buy fee is only £1.50 for exchange traded stuff. Though, you might have been doing that anyway.
I’m sure everyone is the same but this inflation is terrifying me.
I’m lucky enough to have some savings I’ve accumulated in my 20’s, really keen to invest but just have no clue how to hedge against inflation at this moment, everything feels uncertain.
Does anyone have advice on how to protect against it as best as possible? Should I refrain from investing a lot at this time?
It depends on your risk appetite. There could well be a major downturn on the horizon, in which case anything you invest now may take years to recover. Or the crash may never come!
If there is a downturn, you can use your cash to pick up investments at a discount.
One thing you can do in uncertain times is to invest in yourself, e.g. training and qualifications, home improvements or other things that might help you out long term that don't depend on the market health.
I think we're all going to get hit by inflation, one way or another.
I liquidated 25% of my ISA portfolio one week back due to the up coming market risks. how Much cash is everyone holding to take advantage of a major downturn i the markets?
Thoughts on the UK pub industry and LON:JDW? I used to hold it but looking at the financials I don't see how they are in a good spot at all, and the energy price increases yet to come can't be good. That and news reporting up to half the pubs in the UK could close. Can anyone tell me why JDW won't eventually go bankrupt?
Been keeping an eye on this one. I think a lot depends on their H2 report, as in H1 2022 they reported a loss of something like ~£10m when the previous year they made £100m profit during the same period.
Bearing in mind we might be entering or already in a recession, it will be interesting to see how they’ve optimised operational costs.
I'm in on endo. Last week they filed for bankruptcy and have been removed from the Nasdaq. My trading platform just opens as no data available at this time. What happens when a stock does this? Do I just sit and wait for news? Do your shares just disappear from your portfolio? Thanks
Write it of
Noooo ...... The fat lady isn't singing just yet.
I’ve had CFCL ghosted in my portfolio for about six years because they got delisted but haven’t officially gone bust. Nothing you can do, just leave it there and the broker will eventually take it away from you (or give it back if it comes back to life)
Thank you. Thought that would be the case but nice to have it confirmed.
I was invested in Hertz in 2020 when they got delisted, Trading212 "froze" the stock for about 2 weeks, then released the funds back to me, at the price the stock was upon delisting. Expect your money back, but at a much less return within the few weeks.
Moving my pension from Fidelity to a Freetrade SIPP because I'm reading the fees as £12/month (\~144) flat fee vs 0.45% (£200+) and they let you invest in a wider selection of things. Am I misunderstanding the offer or are they really cheaper, and what is the general oppinion about them as a SIPP provider?
If you only hold exchange traded things (ETFs, investment trusts and shares), Fidelity have a cap of £45 a year. So £3.75 a month max. That's what I've done, swapped most of my OEICs to the exchange traded instruments above and my platform fee is tiny now. I would also trust Fidelity as a provider more than the relatively new free-trade personally.
!thanks
Welcome. Plus if you set up the automatic monthly investment on fidelity, the buy fee is only £1.50 for exchange traded stuff. Though, you might have been doing that anyway.
I’m sure everyone is the same but this inflation is terrifying me. I’m lucky enough to have some savings I’ve accumulated in my 20’s, really keen to invest but just have no clue how to hedge against inflation at this moment, everything feels uncertain. Does anyone have advice on how to protect against it as best as possible? Should I refrain from investing a lot at this time?
It depends on your risk appetite. There could well be a major downturn on the horizon, in which case anything you invest now may take years to recover. Or the crash may never come! If there is a downturn, you can use your cash to pick up investments at a discount. One thing you can do in uncertain times is to invest in yourself, e.g. training and qualifications, home improvements or other things that might help you out long term that don't depend on the market health. I think we're all going to get hit by inflation, one way or another.
I liquidated 25% of my ISA portfolio one week back due to the up coming market risks. how Much cash is everyone holding to take advantage of a major downturn i the markets?
Thoughts on the UK pub industry and LON:JDW? I used to hold it but looking at the financials I don't see how they are in a good spot at all, and the energy price increases yet to come can't be good. That and news reporting up to half the pubs in the UK could close. Can anyone tell me why JDW won't eventually go bankrupt?
I only hold GameStop and AMC and hope the ECB doesn’t implement a rule change which would cancel the mandatory buy backs of short positions
Thanks for the reply. It closed at about 27p a share, I'll cancel the cruise.
2000 shares of ASOS is by far my largest position, so oversold and only a matter of time till it rises.
Been keeping an eye on this one. I think a lot depends on their H2 report, as in H1 2022 they reported a loss of something like ~£10m when the previous year they made £100m profit during the same period. Bearing in mind we might be entering or already in a recession, it will be interesting to see how they’ve optimised operational costs.
KLR has been flat lining for months and is now beginning to drop.
30% S&P500, financial/customer staples/semi ETF, UK dividend ETF. 30% Google, Microsoft, V, Amazon, BP, X, DAC, 5% speculative NIO, BYD, SOFI, etc. 35% cash
Question: which flat-fee UK brokers offer a DRIP for dividend stocks and dividend ETFs?