Investment ideas

[WaveJumper]

Everybody is a bloody expert nowadays - except that they are not.
Everybody is running the numbers without knowing what is behind those numbers - namely nothing.
Everybody claims to have spotted The Next Big Thing.
Everybody is reaching for a brass ring that is not there.
Everybody knows the ship is sinking.
Everybody knows that the captain lied.
Everybody is in debt up to their eyeballs.
And everybody knows
That everybody knows.

I know there's not enough life boats ....... but keep that to yourself otherwise the sheep will start to worry.

 

[Mark T Jones]

I know there's not enough life boats ....... but keep that to yourself otherwise the sheep will start to worry.

Sheep sparks lifeboat ‘ewe-turn’

Lyme Regis crew diverted after animal’s bleating was mistaken for cries for help - but they still find a missing dog

www.midweekherald.co.uk

 

[MBE2017]

I know there's not enough life boats ....... but keep that to yourself otherwise the sheep will start to worry.

I’m sat in one already, well...... someone has to help the women and children aboard.

 

[Richard Dastardly]

This is exactly what I done a few years back after reading the awesome 'Smarter Investing' book by Tim Hale.



Interesting option! Isn't there tax and or other rules with regards to investing in stocks and shares via companies though? Doesn't the company have to be setup first as an investment vehicle? I'm probably chatting nonsense, I'm completely green on this subject!

Yes that is correct, if you are investing company money, you have to have a code which is renewable every year - I looked into it and it was complicated and not worth it for what I was going to invest. How Wise fits into that I don't know but on their website you either hold your funds in cash or in shares and can swap between the 2, so it appears they have circumvented some of the more cumbersome administrative aspects of opening an investing account. How that fits into tax would be a question for Wise or accountants. But anyway - Wise seem to have made it easy to invest company funds in the stock market, albeit a world equity tracker; open an account and see for yourself! We have mutli-currency accounts with them, Euros, USD, and GBP and it's a great and inexpensive product if you are transferring or receiving money from abroad.

 

[Dinky]

Yes that is correct, if you are investing company money, you have to have a code which is renewable every year - I looked into it and it was complicated and not worth it for what I was going to invest. How Wise fits into that I don't know but on their website you either hold your funds in cash or in shares and can swap between the 2, so it appears they have circumvented some of the more cumbersome administrative aspects of opening an investing account. How that fits into tax would be a question for Wise or accountants. But anyway - Wise seem to have made it easy to invest company funds in the stock market, albeit a world equity tracker; open an account and see for yourself! We have mutli-currency accounts with them, Euros, USD, and GBP and it's a great and inexpensive product if you are transferring or receiving money from abroad.

Thank you. I've had a Wise account for many years, but the investment option passed me by until this thread. So have to added any funds to shares with them yet, or are you going to?

 

[Richard Dastardly]

Thank you. I've had a Wise account for many years, but the investment option passed me by until this thread. So have to added any funds to shares with them yet, or are you going to?

I haven't, but that's because my business has downsized somewhat and I don't hold much reserves anymore, so what I do hold in the business I want in cash because of my overall finanical picture is heavy on stocks already. But if I had a lot of business reserves on hand that I wanted to do something with then I would definitely be doing this with Wise. Also, I think it is a relatively new addition to their offering, so that's why you may not have seen it before. It cost something like a one-off £16 fee and I have access to have my own company bank accounts in all major currencies, and also to hold as shares in this Blackrock equity world tracker in whichever currency account I choose. Say you have an Aussie client who pays you ; then they can pay you straight into your AUD$ bank account on Wise, and then you can just turn that into your index fund investment.

 

[iBisDev]

website investing - amazing niche from work life balance perspective, great (and somewhat predictable) returns as long as you know hat you are doing, can always sell this as an asset and return some money.. I have been investing in websites for 5+ years and my interest is only growing despite all other "hyped" investment opportunities (******, NFT, etc)

 

[Dinky]

website investing - amazing niche from work life balance perspective, great (and somewhat predictable) returns as long as you know hat you are doing, can always sell this as an asset and return some money.. I have been investing in websites for 5+ years and my interest is only growing despite all other "hyped" investment opportunities (******, NFT, etc)

How do you invest in websites? Do you mean you invest/create your own niche websites, or invest in other peoples business/websites?

 

[iBisDev]

I started off buying websites. Now I have a team that also creates websites. I started off buying/investing into simple websites that make some money, couple of hundred per month in reoccurring revenue. The business model is simple and revenue is predictable as long as you know what you are doing! Then you build confidence and scale up. What I like about web-investing is that the sky is the limit - you can find websites that costs 1k but also those that costs upwards of 100m, and anything else in between.