UK

Front_Expression_892

Business as usual. Even if EU cuts rates, it is still much better to do business in the US, compared to the EU. Post-prexit UK is a joke. Kiwis are a small market. Developing markets are crazy. So people will bite the bullet and do businesses in the US and people from other places will try to migrate to the US and expose their markets to the US, even if the rates will be increased. The only thing that we should fear is Trump, if he really goes with the "tariff wars YOLO" plan. It does not mean that SPY will always go up. But it means that even with increased rates in the US and decreased rates in the EU, the US is still the better place for doing business.

avl0

Problem is social security spend vs. public sector investment spend. In UK social security has increased from 13% in post ww2 & 60's to 26% of government spending (at a significantly higher % overall tax burden). Meanwhile public sector investment has gone from 15% post ww2 & 60's of spending to less than 5%. Basically we are giving too much money to people who are economically speaking unfortunately not really worth the investment and not building infrastructure to actually help the people who economically speaking are worth it. The result is poor economic growth and productivity growth and a tax take deficit despite record tax burden levels. The reality is that we need to let more people start fending for themselves again, note this is nothing to do with defence, school, police, NHS spending which have all remained pretty consistent at about 60% of gov spending). It's purely the cost of caring for people who can't or won't work that has skyrocketed.

CalottoFantasy5

Since some comments are actually mentioning owing shares if stock,  then strongly consider RYCEY ... aerospace defense company backed by the UK govt, this sucker will it $15 by 2027 to 2030.

jelhmb48

Yeah this... Russia can't even win a war using their full military power against the poorest country in Europe, not even a NATO member, equipped with second grade and old weaponry. How do they ever expect to win any fight against NATO. The army of France alone is already stronger than Russia and France is not even in the top 3 of NATO (which is US, UK, Turkey).

TheYoungLung

The UK is hilariously incompetent

Thanus-

UK is transforming to a defense economy o

Bone_errr

UK bullshit

Practical-Ad-2764

its still a good buy. I think. I bought it at 850., in March. I am green. I bought it because they invented AI, in essence, by accident run perfecting the chips it made for gamers. Like billions of dollars worth of research dollars. Too far ahead just in research, for Intel or Google or even Meta to catch up. Once they invented it, and some chat bot I'd never use, the rest of the world took notice about its possible industrial applications. But meanwhile Nividia was inventing whole new industries like GPU Centers. And creating robotics. And buying into things like the self-driving car industry, that it's poised to earn earn.earn no matter what. The largest super computer in the world being built in the UK, relies on NVDA chips. All companies doing serious AI are using NVDA. They have to and they cannot hope to reinvent it. But that's only my thought process on the thing. If you follow the charts they score well in every area such as P/E ratio.

Potential-Dish6119

I'm 37 and just started in January this year. I only have around £100 a month. I've spent nearly 5 months constantly checking stocks, info, ETF funds etc. I'm now at a stage where I understand my own strategy and comfortable style. I have 5 ETFs: $EMIM (Emerging markets), UK, Europe, $FRIN and a clean energy fund too. I then went from having 50 stocks (FAR too many) to around 10,Nestle, Pepsi for the large co.panies and then smaller ones I liked the growth of such as Brazillian energy company $EBRB. The point is that as someone who has no pensions or retirement money, I made it a priority to find out about how I want my money to work. Funds are easier, but still carry risks. Yoy don't want all USA or all food businesses, you don't want all Tech firms. Stocks are harder to understand, they have complex PE ratios, CAGR, dividend yields etc etc. However if yoy find a business yoy understand and like the sector they are in. Then go for a couple of stocks. It's all about your comfort with risk. Having just 1 fund is not great, get a few but not loads! Having stocks can help, but it take s time to manage. As a parent myself, I need less time on my investments, and more time on my family. Good luck, Well done for starting! It's a lot of fun, it's terrifying to think we've missed so much time in the markets...but we are trying now! Just my own opinions, do your own research, make sure you are diligent on your choices. AVOID PENNY and MEME STOCKS...thats obvious.

Khelthuzaad

it's not 90% of all I have is being invested in the US the other ones are Canada and UK

Ok-Deer8144

This depends on what your belief of how strong America is. i truely believe the US/dollar is #1 superpower on the world. And believe if worst case scenario drops like 40%~ like 2008 again, it will eventually recover. Too many countries are dependent on us. Also if VTI does 40% drop, there’s no way China/canada/UK whoever is suppose to be the US rivals stock market will also not be trailing a big loss along with it. I don’t believe theres a world where if VTI is down -40%, china will somehow be like +20% in that same timeframe. What will happen realistically is China/whoever you think the US top rival VTI equivalent is will be lucky be down only like -20%. We will make the right moves to eventually recover.

Potential-Dish6119

Hahaha I love the point about them being smarter than you. EM is predicted to out shine US, I hold EMIM, a EU ishares and a UK fund too. Also hold $FRIN

BigBoobsAreDahhBest

VTI: Total US Market (basically this ETF invests in every single public company in the US) VOO: Invests in the top 500 companies in the US SCHG: Invests in 200 growth companies in the US. VOO and SCHG is a subset of VTI. We don’t have a S&S ISA in the US, but just reading up on it, I would personally contribute the maximum amount to it with the intention that you won’t need the money for the next 10 to 20 years. Seems like a pretty sweet account you have there in the UK. I would also open a taxable account to invest your remaining cash after you have maxed out your retirement and ISA.

connorcourtenay

Thanks for the advice! Those letters don’t mean much to me so I’m going to have to do some research. I also live in the UK so we don’t have stuff like 401ks but my workplace pension is very good 13.25% of 40k a year salary contributed every month (7% by me and 6.25% by work) What is VTI and SCHG and what differentiates it from the S&P 500?

connorcourtenay

I’ve bought a house recently and have a mortgage that I’ve had to start to pay so have to be careful. I have 10k savings separate for stuff like that but want to build my wealth asap and potentially buy another property to let out. I’m based in the UK.

Beginning_Machine_19

Dr. Patrick Soon-Shiong did indeed loan his private jet to Prince Harry and Meghan so they could travel to England to see Harry's dad, King Charles. Connect those dots... https://www.dailymail.co.uk/news/article-12050097/Prince-Harry-lands-UK-fathers-Coronation-private-jet.html

Beginning_Machine_19

https://www.dailymail.co.uk/news/article-12050097/Prince-Harry-lands-UK-fathers-Coronation-private-jet.html?ito=native_share_article-nativemenubutton

dvdmovie1

I don't see people "hating" emerging markets. There is too much of this thing that if someone isn't interested in investing in something they "hate" it. "I know past performance is not good" When something underperforms for 5-10 years, imo it becomes a "show me" story for a lot of people, especially when there are so many other alternatives. "investors, shouldn't we be forward looking" Forward looking imo is having a thesis why something will change. Buying it because it's underperformed for 5-10 years with no thesis on why the next 5-10 years are going to be any different isn't forward looking to me. "If my horizon is 30 years, isn't it unwise to not put money in Emerging Markets?" People really don't have clarity beyond maybe 3-5 years and the reality for most people is that they aren't going to tolerate underperforming for even a few months. Look on r/stocks and sometimes it seems like people are not willing to tolerate underperformance in individual names for a week. There's a lot of other issues, as well. I don't dislike EM but for me it has always felt like finding individual stories and not something where I'd own the index. But even with individual names, you run into things like the restrictions that have continually been put on Chinese tech companies - which are then removed when the stocks crater enough, which then often seem like they're put back after the stocks have mildly bounced. Chinese names in the US are owned through VIE entites, which is a risk but a risk that often seems ignored because it hasn't been an issue (yet.) Elsewhere internationally there's a lot of great names in Europe, but wouldn't own the index. There have been articles written about the UK and how poorly that market has done because well, this is a world where people want growth and they haven't nurtured it - there isn't the kind of tech companies that we have in the US that everyone wants to own. "Is it home bias that we put so much in US?" I think there's some of that and it should be even easier to invest in foreign companies but I don't think that's the primary issue. "Is it naive to think that there will not be growth in EM?" There's growth but I don't think that equates to growth in stock prices broadly. I think EM will probably continue to be an instance where you can find individual stories here-and-there that work (MELI, for example) but I don't have a thesis as to why broad index underperformance changes any time soon.

i_sesh_better

Lost two grandparents suddenly this year so care didn’t eat the inheritance, and that’s the only way you can do well in the UK right now haha. It’s given me a massive advantage other than the money though, I’ve not finished uni and I’m already thinking about opening pensions, am loading up non-taxable accounts and thinking about retirement.

SpecificDependent980

Was there a reason he suggested going deeper into equities? In the UK, pensions don't incur Inheritance Tax. So we tell clients who don't need their pension to live on in retirement, to take lots risk with it because the capital growth for beneficiaries is more important than retaining value. It's basically a super long term investment for a young person. I don't know wether the situation is the same, but that's an explanation from the UK

RandomGenerator_1

International cannabis prescribing service launches for travellers to the UK The UK’s first international prescribing service has launched for medical cannabis patients travelling to the country from overseas. It is not unheard of for travellers visiting the UK for longer periods to seek out a prescription, explains Pierre van Weperen, CEO of Grow Pharma who work closely with Integro, this new offering simply ensures that it is all arranged ahead of their arrival. “The UK healthcare system constantly treats people from overseas, either in emergencies or during longer stays,” he adds. “There is no law that says that you’re not a patient because you’re travelling. In essence you follow the same process as any UK patient would and we don’t make exceptions or cut corners. The process is seamless, reliable and safe.” The service will be available for those travelling to the UK for Cannabis Europa from 25-25 June, 2024 https://cannabishealthnews.co.uk/2024/04/26/international-cannabis-prescribing-service-launches-for-travellers-to-the-uk/

BuyOwn2778

A "medium of exchange" is worth as much as what people believe it is worth. Over time, people have believed in shells, gold, big stones, shiny things and currently in paper money. Paper money can be printed by those in control, so inflation kills the value of your savings over time. Gold can't be printed - you gotta work to mine it but what makes it accepted around the world is because you can easily test to be true... however its damnrd heavy. Bitcoin has all the characteristics of a "medium of exchange" - it can't be printed by those in control so your savings won't inflate away, each unit is unique and fakes are detectable (like gold), it transfers across the globe easily (portable), it's increasingly accepted by society, it can't be destroyed (unlike paper in a washing machine).. that's why it is a "store of value". Even if you remain sceptical, a small allocation could be prudent given the success of the US Bitcoin ETFs, the ones in Europe and Canada and the ones to come in Hong Kong and the UK.

WhynotstartnoW

China isn't even the largest foreign holder of US T-bonds. Out of the 24% of US debt that's held by foreigners, Japan is the biggest bag holder with 23% more bonds than mainland China. The UK is was on track to surpass China as #2 by the end of this year, and deffinetly will now if they really do stop buying bonds. Schengen zone countries counted together would be #1 by far(would've been more than double #2 if the UK was still in).

Hypsar

If they are UK they would have different licensing organizations such as FCA.

elpollobroco

Which is why this country overthrew the UK

Environmental_Pen202

Governments and companies alike are either pushing out their Net Zero date targets (UK several times over) or watering down their commitments (Unilever) as they slowly start to admit that weaning ourselves off decades of fossil fuel driven energy is easier said than done. How best to position the portfolio?

AnxiousPlenty6843

Hi all, I am relatively new to trading. I mean I have been following the markets for a few years, have good knowledge of it, and have invested but never really actively traded. I am planning to do now. But not sure where to start, what platform to use, whether to do it myself or through a broker (do not prefer this personally). Just FYI I am based in the UK. Any advise is welcome!

greytoc

Look through r/UKInvesting - there is a pinned brokers discussion thread in that subreddit about UK brokers.

Raoul_Puke

I have calls you UK cigarette

Appropriate_Meat2715

Must be UK stuff

Deep_Fun_1865

No? My chart from XM UK says the high of the days was 5106.09

Adorable-Piano-9694

Suprising you still buy cars in the US. In the UK over 90% of cars are on finance, no-one cares about list price anymore only the montly payment. A Nissan Versa should be $17k ish, or a bag of crips per month. There's probably a mid size Korean in that sub $25k price range as well. I think it's dealerships being dealerships.

jarpio

People who buy gold do so as a hedge against the collapse of fiat currency. The question is, what will you actually be able to DO with your gold? You can of course sell it and redeem the value but in what currency will you convert your gold to? Euros and pounds will be equally useless if the dollar collapses because the UK and EU economies are wholly dependent upon the strength of the US economy. I think you’d see a collapse of the dollar collapse the price of crypto currencies around the world too, however I think it will also have the effect of making crypto much more accessible and thus much easier to adopt and use by the general public. Bitcoin and crypto in general would be a very popular alternative to what would inevitably be a central bank digital currency.

Ndubitable

Nuclear energy. France, China and the UK are already acting. Michigan plant recently got $1.5 billion to be rekindled.

lucifer4you

so that 100 bil we are giving to ukrain, israel and taiwan is on loan from china (or the UK. Or Japan). got it.

bombayblue

So Japan and the UK will buy more? If you’re more worried about the US finding buyers than China putting its national wealth into a single volatile commodity then I don’t know what to say. This is far more likely to backfire on China than the U.S. imo.

Mavnas

Rest of world really. Homeowners in the UK have been getting fucked for awhile too aparently.

NoLifeEmployee

Nice to meet you the UK

ATENT2772

Sir, this is the UK...

AakashMasani

I would if I knew how to do it in the UK

AakashMasani

Can't easily access options in the UK otherwise I would

Business-Manner-4050

RYCEY ie a penny stock funded by UK taxpayers lol

Agreeable-Energy4277

To be honest, I don't really understand the reason Republicans and Conservatives are against. The whole classical liberal philosophy is minimal state interference, which let's people make their own choices. Excellent for business, Cannabis can rival Alcohol and Big Pharma, less tax money will be needed to criminalize people in Marijuana and also if Cannabis was legalised it takes power away from Cartels pushing hard drugs like Fentanyl. Cannabis can be great for people to not get addicted to big Pharma. The Criminalization of Cannabis is one of the most anti capitalist and hypocritical points from Republicans, who allow people to purchase weapons which are made specifically to cause harm (just or unjust, I'm from UK but I understand why US have the right to hear arms and I kind of agree), but legalise cannabis because 'dRugS aRe HarMful'.

TheAmazingMatth

On top of that, Europe capped the interchange fee that visa /MC charge to payees. This results in lower overall credit card charges in Europe compared to other countries. Just look at what happened to the UK when they left the EU...

wearahat03

I think to have a fair comparison, you would need to compare entire banking industry to credit service industry. You have essentially 3 major credit service companies - V, MA and AXP. MA and V combined profit is 29B. AXP's profit is 9B but they collect interest as well, so they overlap with what banks do to earn money. There are a ridiculous amounts of US banks alone, then foreign banks. Foreign banks use V or MA as the payment processor, so V and MA's 29B profit is global revenue. If you add up just the top 10 banks listed in US, net profit is almost 200B. The combined profits of Japanese banks alone, or Australian banks alone or Canadian banks alone are equal or greater than V + MA profits. He's right that banks make more money as an industry overall. V and MA appear to make a lot of money because there's only two companies for the entire western market. Japan, Australia, Canada, UK, US, European banks etc issue V or MA cards

McKoijion

It's kind of nuts comparing US and UK news reports. The pro-Palestine protests at Columbia are big news in America. Meanwhile, the mass graves story is a much bigger focus in Britain. https://www.cnbc.com/2024/04/22/billionaire-donors-rethink-columbia-university-support-.html https://www.theguardian.com/world/2024/apr/23/un-rights-chief-horrified-by-reports-of-mass-graves-at-two-gaza-hospitals

Morph_Kogan

AUKUS Nuclear submarine, strategic defence and tech sharing between the USA, UK, and Austrailia Recent Japan advancement of strategic partnership. South Korea, Japan, USA Trilateral strategic cooperation. As well as possible plans to include Japan in parts of AUKUS Enhanced security and military cooperatiom with South Korea USA security and military agreements with the Philippines Quadrilateral Security Dialogue (QSD) Taiwan security and military cooperation Actually being tough on China, and their scummy economic practices, South China sea imperialism, Taiwan threats, Uyghur genocide, and strategic decoupling and domestication of supply chains (CHIPS ACT) NATO expansion, and increasing NATO eastern bloc presence ans readiness Supporting Ukraine to fight this war and defend themselves Sanctions on Russia, including the quite successful oil price cap (which is a fantasticly genius policy I might add) Balancing protecting Israel, preventing wider war with Iran, and providing humanitarian relief to Palestinians Protecting the Red Sea shipping lanes with a coalition of allies against Houthi terrorists and pirates Getting us out of Afghanistan successfully Is that not all foreign policy to you?

Racxie

It’s quite funny because someone literally just shared statistics with me earlier about how poor Americans reading comprehension is, and you certainly fit the bill. So first let’s look at what the word [subsidy actually means](https://dictionary.cambridge.org/dictionary/english/subsidy?q=subsidies): Subsidy 1. money given as part of the cost of something, to help or encourage it to happen 2. money given by a government or an organization to reduce the cost of producing food, a product, etc. and to help to keep prices low Now let’s revisit first article’s mention of Tesla: >Tesla has been supported by government subsidies >Tesla, on the other hand, has actually benefitted from a number of outright subsidies created by the US government to encourage the development of electric vehicles to reduce carbon emissions. Notably, the auto company **received a [$465 million preferential loan](https://www.energy.gov/lpo/tesla) from the US Department of Energy in 2010**, which it paid off in 2013. Through 2020, **the company benefited significantly from tax credits** given to consumers who buy electric cars, **which have reduced the cost of Tesla vehicles by $4,000 to $7,500**. One attempt to [track all these subsidies](https://subsidytracker.goodjobsfirst.org/parent/tesla-inc) including state and local incentives to support manufacturing facilities, **estimates the total benefits at nearly $3 billion**. So as you can see I’ve not only highlighted the two examples the article points out which match the description of the two dictionary definitions, I’ve also kindly linked you the sources as per the article, including highlighting the estimated amount Tesla has received from the *US alone*. But as I also kindly pointed out for you with other sources, Tesla has also received subsidies from other countries too like UK and China (so you may want to re-read now that you *hopefully* understand what that word means), and I wouldn’t be surprised if there are other countries it’s received these from too (like Sweden).

Racxie

You may want to check your facts, e.g. there are multiple articles like [this one from last year](https://finance.yahoo.com/news/elon-musks-spacex-tesla-far-170500028.html) which points out 2 they received from the US government in 2010 and 2020, or [this article from 2021](https://www.investorschronicle.co.uk/news/2021/06/17/uk-government-spent-1-2m-per-week-subsidising-tesla-cars/) pointing out that the UK government had also given Tesla subsidies in 2020. [Here’s also yet another article from 2021](https://www.teslarati.com/tesla-dominates-china-ev-incentives-tsla/) pointing out that Tesla received subsidies from the Chinese government, which were in fact the highest any vehicle manufacturer had ever received over there. Not to mention [another article from 2021](https://www.businessinsider.com/elon-musk-list-government-subsidies-tesla-billions-spacex-solarcity-2021-12) sharing some of the US government subsidies all of his projects had received (not just Tesla), despite him being massively critical of them. He’s essentially a typical conservative who’ll complain about anything as long as he can still reap the benefits.

UnhappyReach

Robinhood alert:: If you need help please call USA - #911, #211, #988 UK - #999, #0800 689 5652

Iamhappilyconfused

It's an app that allows you to trade options if you live in the UK

olivepepys

The FUD over EVs is a bit crazy right now. We get it all over the UK but sales are up 10% v q1 2023 and 35% of all new car sales last year were EVs. Just because Elon is crashing tesla doesn't mean the demand for EVs is dropping.

Bootasspog

I hate waiting for pre market to open. (American in the UK)

FormalElements

Toughbuilt the company has completely switched their marketing strategy by sending out their new StackTech storage system, a comprehensive and innovative tool storage system, to influences within the construction community. They have been patiently building their product line and will announce over 100 new products to market this spring, plus additional skews later this year. The audiences in the construction space all over the globe have been waiting eagerly to acquire these products hut have yet been able to access due to the launch, which will be announced next Friday. Brazil, Australia, Canada, UK, and most of Europe will be learning that ToughBuilt products will now be available for order at their local retail locations. Their partnership with Lowes has been rocky, but local shoppers have been seeing an uptick in selection over the last several months. If you look at the insider acquisition of buybacks, it has been 100% purchased by insiders. Insiders buy for only one reason. Their products on Lowes.com are overwhelming positive, with an average of 4.7 stars out of 5. Customers love their products and can't wait to complete the set, which helps ToughBuilt curve out a segment of a very large market. My SPECULATION is that we will soon see power tools announced, along with other IoT devices. Time will tell. Love this brand and what they represent. Quality products that last and are truly innovative. The stock is the lowest its ever been, and a great point for entry for anyone who has been sitting on the fence. Not financial advice. I just love this company.

AVALANCHE_CHUTES

Where do you see pricing? In the UK the Seal is more expensive than the Model 3.

AVALANCHE_CHUTES

I watched the Mat Watson / Carwow comparison between the new Tesla Model 3 and BYD Seal (sorry, can't link as this sub doesn't allow YouTube videos) "This is not awful, I don't hate it" "It's so close to being fun, but accidentally so" 😂 Plus the Seal is actually more expensive than the model 3 in the UK? Wtf?

Powerful-Parsnip

Do you need to be in China to spread Chinese propaganda? My reasoning for banning tiktok has nothing to do with them cutting off western apps. Its for the same reason the UK cancelled all of the Huawei infrastructure contracts, it's dangerous to let an adversary have control over infrastructure, apps, social media. China openly state that they want an end to US hegemony, how do you think they're going to achieve this? Do you want a world with the CCP at the reins with Russia as their vassal? So it's anti competition when the US ban apps but not in China when they do it. Again your points are hypocritical and weak.

norniron84

Ah turns out the UK Robinhood app doesn't let you trade options....

norniron84

I just opened my first Robinhood account in the UK. I have £200 to get going. Can I do TSLA puts with that amount?

CreditGold6901

Your joke sounds too European for you to be from the UK

MrKebabHands

I bought a bunch of MTTR a couple months at £1.50 per share. Nice surprise today. Also tryna work out what to do next... I work in construction tech and had my eye on Matterport for a little while - they're hitting some major emerging requirements within the UK built enviroment (digital twin modelling, golden thread capturing, BIM for building safety management, integrations/automations, etc). I wanna keep holding because I believe in the company, but also not sure on best practice when holding during an acquisition.

greytoc

Yes - you have to look at the currency when you look at the quotes. In your example about Marks and Spencer - note how Yahoo Finance and Google Finance uses different notations: [https://www.google.com/finance/quote/MKS:LON](https://www.google.com/finance/quote/MKS:LON) - Google uses the notation GBX for pence sterling. [https://finance.yahoo.com/quote/MKS.L](https://finance.yahoo.com/quote/MKS.L) - Yahoo finance uses GBp (with little p) which I think is confusing. If you are unsure - on how your broker is quoting - you ought to call them. But I assume that sincee you mentioned HL - you are investing in pence sterling in the UK. Marks and Spencer also is quoted in EUR on the French bourses. And it also is quoted in USD on the US OTC markets. So it also depends which exchange you are looking.

Agent_Cow314

My gut told me the UK wouldn't be stupid enough to vote to break from the EU. That was a great weekend when they did and I closed my portfolio 80% down three Monday after.

BarelyTheretbh

Having seen some of the shit on telegram, honestly don’t blame them. It’s like if the UK banned 4chan back in the day

Aurora5511

Additional info: Rheinmetall is heavily invested in BAEs UK land systems branch. [https://en.wikipedia.org/wiki/Rheinmetall\_BAE\_Systems\_Land](https://en.wikipedia.org/wiki/Rheinmetall_BAE_Systems_Land)

McKoijion

Robinhood recently opened in the UK. They’re the best brokerage in the US right now. The problem is that the UK highly restricts access to options trades compared to the U.S. Weirdly enough, Britain offer easy access to highly levered contract for difference trades, which are illegal in the U.S. I’d l

YouneedsomeWD40

If youre in the UK

JLman3705

It is my understanding that Zash Global Media purchased two companies, Lomotif and Adrizer, to build an American version of Tiktok. On December 19 of 2022, a PR was released stating "Vinco Ventures Completes Acquisition of TikTok Rival Lomotif" https://www.prnewswire.com/news-releases/vinco-ventures-completes-acquisition-of-tiktok-rival-lomotif-301706159.html In February of 2023 a PR stated "NATIONAL ENQUIRER, GLOBE, NATIONAL EXAMINER & NATIONAL ENQUIRER UK TO BE ACQUIRED BY VINCO VENTURES AND ICON PUBLISHING JOINT VENTURE VVIP VENTURES" "VVIP Ventures and a360 Media also announce exclusive 90-day window for continuing discussions on additional business collaborations" On April 27, 2023, Vinco Ventures held a shareholders meeting stating that they were in the process of migrating the purchased Lomotif asset to the United States for an official US launch. A vote to merge with a360media with possible change in control was passed, among other things, including an increase from 250M shares to 750M shares. https://www.sec.gov/Archives/edgar/data/1717556/000149315223015324/form8-k.htm On May 19, 2023, following the voting tallies and shareholder meeting discussions, Vinco Ventures signed employment agreements with James Robertson as CEO and Chris Polimeni as CFO. Both individuals were working with a360media at the time. https://www.sec.gov/Archives/edgar/data/1717556/000149315223019145/form8-k.htm Currently, the company has gone silent and has moved to the OTC Expert Market. Some believe in corruption and bankruptcy while other, such as myself, believe that we merged with a private company and we will receive information when the time comes. For more insight into the situation you can research Vinco Ventures, Zash Global Media, a360media, Lomotif, Adrizer, Dandelion Music Festival, BBIG stock, National Enquirer, JLman3705 Google search, JLman3705 on X(Twitter), JLman3705 on Reddit.

-boatsNhoes

Launched in the UK. Launched crypto buying in the EU ok its platform. Credit card. All the degens piling into the market over the last 6 months. I'm wondering how they could go tits up.

This-Location3034

I’ve got shit loads of ARGO blockchain (ARB) as I’m UK based. I hope there is a pump so I can dump this shit and just buy BTC 🤣

Algo_City

Guys, look at history. The UK is still a very rich country, sometimes pretending that is has any place on the political stage. However it is been in decline in real terms since 1918, that's how long it takes. The pie might be getting smaller in real terms, but there is plenty to take. But it will never be as it was after 1945 until 1971, then onwards from 1971-1980 another big boost happened and we are just in another cycle. Plenty of time to get your life sorted, but donot expect anything from the government. Have a great day!

ChaudChat

Don't think RH UK offers options

ChaudChat

As far as I know RH in the UK doesn't offer options

taizer4

IG Index does it in the UK

The-boys-51

Defo going to look at it. It just became available in UK though so I imagine there will be a few weeks of problems.

True_Specific_27

The daily stark is The Onion of the UK lol

Ghostblue88

Ive always used ETrade, but I don’t think they offer services in the UK anymore. Maybe look into Interactive Brokers, they seem to be a very popular platform.

Geotraveller1984

I don't know how it is in Dubai, but in the UK we have such a thing like Stocks & Shares ISA where you can save £20,000 annually tax free. There, they have good solid funds like S&P 500 which is a pretty safe bet and could give you anywhere between 10-20% return on investment annually. A faster way to increase your return on investment is to have a watchlist (finance.google.com is great for that) which includes companies that you are interested in and 'buy the dip' when it happens (i.e. when stock price temporary plummets but is generally otherwise on a slow and steady upwards trend, for example Mastercard, Microsoft, Alphabet, Visa and absolutely not Tesla). That way, you could maybe get 20-50% annual return on investment. You could also try companies that have recently had hellish falls in prices like SMCI (Super Micro Computer), AMD (Advanced Micro Devices) and NVIDIA because there is a very high likelihood they will bounce right back very soon, giving you 10% returns within a month maybe (even possibly more). In my view, the best long term stocks are Mastercard and Microsoft, even more so if you buy the dip.

FBGCoe

Only for US/UK degens

VFIAX_Chill

The only places outside the US right now that are even in the conversation are India, Taiwan and maybe Japan if it can keep up its new reform. Why people want to invest in places like the UK and Germany is beyond me

djangoblimmerman

It’s mostly regulations, you have to be classified as a professional investor to trade most options in the UK

ashimos00

Iran's foreign minister told the UK's foreign secretary that Tehran's response will be 'immediate, stronger and more extensive' if Israel retaliates 5 days ago...

gatormanmm1

Yeah a little aggressive to say the worst, but when compared to the US and the EU, I'd definitely say the worst. Or maybe the second worst if you factor the UK (though if you can live in London, I'd put that way over Canada).

Cobil78

Aha! You’re right there’s a U.K. subsidiary. But my thinking is that since no UK person knows what an F share is (ADR, GDR, Crest all ok. But not F) that the mistake was by a clerk in NY. And hey, I’m a retired NY lawyer. Costs me nothing to sue and get discovery whereas in UK I risk costs. But since writing I’ve sent an email to the special HMRC office dealing with ISA mistakes. If they accept my facts they can order IBUK to treat the greyed-out stocks as still in the ISA and send them over to HL. As a lawyer I don’t rely on one remedy I use them all. I know the SEC. I was lawyer for 50 victims of the Lloyd’s of London scam. (Google Lloyd’s Database). It will cost IBKR executive time they’ll never get back. And maybe a customer or two. HMRC will not be amused that they lied about HMRC.

Aggressive-Lychee312

I'm in the UK so futures trading is limited + I'm 18 so it's harder to get permissions enabled.

bigweeduk

No options in UK Robinhood. Downloaded it when it became available this year, but got disappointed

jelhmb48

Other major economies? There are no major economies besides US and Eurozone. UK is dead after Brexit, Japan and Russia have been dead since 1991, China is nothing but a manufacturing hub with a real estate bubble

cafeitalia

Are you able to trade US options though in UK? I don’t think you can. Correct me though.

BaguetteSchmaguette

You can have robinhood in the UK

Coldmonkey_

18M, student, UK I have £10k savings, and will soon be making £3.2k/month after school (roughly £1.5k free to save/invest) Just turned 18, and can now invest. Should I do it through an ISA or invest through a broker (as it would all be easier to keep track of in a spreadsheet)? I'm looking for it to be long term, maybe up to 40 years. The ultimate goal is to be well off, and retire at a reasonable age. Although thats my main question, I would also gladly take any financial advice you guys are happy to give me

Timbishop123

The IPhone is only really the dominant phone in the US/Canada. The UK is about 50-50. Many just get the iPhone due to the ecosystem. There are tons of comparable phones if you don't care about the eco system.

Delta27-

Sorry for someone that says is a lawyer you are very ineligible. Also if you have a legal background I don't see what you are trying to get out of Reddit? But yes I have yet to meet a company that didn't comply with the UK Ombudsman. I have reported a few and every time got what was fair

Cobil78

That’s unhelpful. US OTC tickers for TSX stocks aren’t used outside the US. Why would anyone pay the higher bid-ask spread and the double forex commission. No the stock was bought as BDF on the TSX and I have the contract note/confirmation of that. Interactive Brokers is a highly reputable firm normally. But they switched tickets (a clerk’s mistake) and now try to blame me. Or the originating broker — who will have documentation. IBRK’s rules are quite strict: and ISA transfer will have the sending broker sell any stocks not traded by IBUK. What they made HL sell was 2 Swiss stocks that IBUK *DO* trade. And of course they trade BDT. Maybe with all the documentation out there — and given that I UK is blaming HMRC but HMRC’s rules allow brokers to correct ISA mistakes at no tax loss to the customer — the Ombudsman can help. But the Ombudsman has no enforcement power only moral suasion. Does IBKR much less IBUK their U.K. subsidiary have any morals to persuade?

Substantial-Lawyer91

You are clearly a confidently incorrect American. In the rest of the world Indians (and other people from the subcontinent) are often referred to as South Asians as that is geographically correct. Source - I am an Indian living in the UK.

surrealskiller

Russia invaded UK. Rain.

goldfinger0303

I understand not wanting to write a huge essay on the iterations of the gold standard. My point was the claim that we won two wars and had huge growth while on the gold standard was false - for many reasons, but chiefly that FDR largely took us off the gold standard, and deflated the dollar. Bretton Woods wasn't formerly established until well after WW2 (1958). And according to work by Sachs , Romero, and Bernanke - this is a major reason why the US began to recover from the Depression (and similarly how other nations around the world started to when they went off the gold standard). I'd be interested to read the sources you say advocate for the credit expansion as the primary cause. My only concern with that is credit creation, to an extent, is separate from currency systems. If I lower my reserve requirements or lending standards, then I can issue more loans, regardless of whether it is on a gold standard or not (and Bretton Woods I would argue is not the same as a gold standard, as the number of dollars created was not tied to a gold supply....it was supposed to be, but in practice that didn't happen). So just as a restricted money supply didn't constrain credit creation in the Roaring 20s (buying on margin), then I don't see how it would've prevented '08. Just like it didn't prevent any of the many speculative bubbles that happened throughout US history (and world history) before then. Scotland is part of the UK in part due to a speculative bubble bursting. There was 1908, 1893, 1873 and untold other asset bubbles in the US. Credit creation is a factor in this, but asset prices do not increase due to credit alone (otherwise our inflation would've started hot in 2010). Also we withdrew from Bretton Woods because there were too many dollars floating around outside the US - more than could be redeemed for gold inside the US. The system was breaking down due to a balance of payments crisis....but that is due to trade deficits and foreign direct investment, not government spending (which is largely internal and doesn't directly affect balance of payments). I understand the concerns you've listed, but largely disagree on causation. Restricting credit may help in some regards, but it comes at a high cost, and doesn't completely solve the issue.

Tilted5mm

Let’s see. USA, Russia, UK, France, India, Pakistan, North Korea, Israel… Can’t think of the last one?

Disastrous_Dot_6941

The UK isn’t in Europe 

CanYouPleaseChill

So many fund managers are going to badly underperform over the next decade given they all hold the same consensus expensive US large cap favorites. Almost nobody holds Chinese or UK equities, high-dividend stocks like $MO and $PM, banks, utilities, oil, consumer staples, etc.

Noafrojo

CFDs really suck I hate trading them personally, IBKR does options and I don’t think you need 2k but they do take commission, I’m considering hopping on there. T212 and Robinhood UK are both looking at options for the UK and T212 said they want to roll out in 2024 which is good news