Bay Capital
Bay Capital
Strap in.
Is that it back to breaking even?
I bought in low so I'm up about 40%. I keep forgetting about it until Spikey updates so I'm hoping to wake up a millionaire one day.
Volume is massively up on usual so something's up with it.
Wake me up when it's 1775p.
I can't find any news whatsoever, but something must be going on in the background for it to run like this.
I'm trying to forget about this but you two are making me want to go in again.
Can we agree not to mention it until 1000p?
I was surprisingly right about palantir.
Unfortunately I was depressingly quick to sell and take profit.
Being simultaneously surprisingly right and surprisingly wrong about Palantir is a right of passage to losing money on stocks.
American stocks are just stupidly volatile.
I’m still piddling away doing nicely mind, but I’ve built myself a hole in a few stocks I could do without.
Just have to wait them out.
What’s the thoughts on the debt ceiling?
I’ve obviously spunked everything I have left in a few things on a wing and a prayer. Should I add more funds and go again, or have I just pissed my equity up the wall?
Surely they don't let it happen. But I might buy puts and profit from the ensuing carnage. If the Republicans are stubborn enough then there could be a cool 10% at least wiped off the market.
Although something similar happened about 10-12 years ago didn't it? Fitch downgraded them but the show rolled on.
From a completely uninformed position I’m assuming it’s all completely political rather than there actually being any monetary concern. So in that mindset it’s free discount in my uninformed mind and I’d be stupid not to dive in what I’m willing to risk being tied up.
At the moment I’ve just bought into companies I already had an interest/stake in already ie home builders and back into smith and nephew.
It’s nice timing as I’m shoving my full salary into pension again this month so it should do quite nicely too.
You Bay boys checked your email?
BAY CAPITAL PLC
2023 Annual General Meeting
Meeting Date:
June 20, 2023
Meeting Time:
12:30 p.m.
Meeting Location:
ST HELIER
Are you going for us Offy?
That's the plan ye. I'm looking into it now. You guys can proxy vote on the agenda items too. I went through IG who sent me an email with all the details.
Hargreaves Lansdown are yet to send me anything.
I'll bring it up at the meeting.
Get them submitted.In addition, Shareholders are encouraged to submit questions, no later than 7 days prior to the AGM, via email to the Company Secretary at AcquisitionCo@jtcgroup.com. To the extent that it is appropriate to do so, the Company will endeavour to publish these questions and the Company’s responses on the Company’s website, www.baycapitalplc.com, as soon as practicable after the AGM. To ask a question, please email AcquisitionCo@jtcgroup.com with details of your shareholder number or other evidence of entitlement to attend the AGM.
"Who do you prefer out of Mike and Baz?"
Baz!
I'm a twit
Can I just put "When Lambo?" as the email title?
You useless fucks failed me on my BTC endeavours but youhave a chance for redemption. Any info on AI index funds and how I go about slapping down a few K in one with the minimal fuss?
What do you mean by AI index funds?
Google says it's an ETF? Essentially I wanna invest in the sector rather than a specific company. I cba to research specifics so there'll be pre-made collections of companies some virgin gimp has put together that will hopefully pop, even if it doesn't pop as much as the top 1 or 2 companies individually.
ChatGPT's wisdom FYI:
Investing in AI can be a promising opportunity given the rapid growth and potential of the field. AI ETFs (Exchange-Traded Funds) can be a good way to gain exposure to a diversified portfolio of AI-related companies. Here's a step-by-step guide on how to invest in AI ETFs:
1. Research AI ETFs: Start by researching and identifying AI ETFs that align with your investment goals. Look for ETFs that specifically focus on AI or have a significant allocation to AI-related companies. Some popular AI ETFs include the Global X Robotics & Artificial Intelligence ETF (BOTZ), the ARK Autonomous Technology & Robotics ETF (ARKQ), and the iShares Robotics and Artificial Intelligence ETF (IRBO).
2. Choose a brokerage account: Open an account with a reputable brokerage firm that offers access to ETFs. Look for a brokerage that has low fees, user-friendly platforms, and a wide range of investment options.
3. Fund your brokerage account: Deposit funds into your brokerage account. The minimum deposit requirement will depend on the brokerage you choose.
4. Place an order: Once your account is funded, search for the ticker symbol of the AI ETF you want to invest in. Enter the number of shares you wish to purchase and specify the order type (market order or limit order). Market orders are executed at the current market price, while limit orders allow you to set a specific price at which you are willing to buy the ETF.
5. Review and confirm: Before submitting your order, review all the details to ensure accuracy. Pay attention to any fees or commissions associated with the trade.
6. Monitor and manage your investment: After investing, keep track of your AI ETF holdings and monitor the performance of the underlying companies. Regularly review your investment strategy and consider rebalancing your portfolio if needed.
While AI ETFs can provide exposure to the AI industry, it's important to remember that they come with their own set of risks. Factors such as market volatility, the performance of underlying companies, and broader economic conditions can affect the value of your investment. Conduct thorough research, consider your risk tolerance, and consult with a financial advisor if needed before making any investment decisions.
Aye, wasn't sure if you meant that or a regular index fund (like it follows the FTSE100 or whatever) but AI picks the stocks. Although it wouldn't really be an index fund then.Originally Posted by Don
Just invest in OpenAI if you want to (are they even publicly floated?). The other big tech firms that are doing it, like Microsoft and Google, aren't really going to see massive gains in their stock prices from it. They'll just be bolstering their current positions at the top of the industry. All the news stories you see at the minute about AI firms being like "please regulate us!" is just OpenAI and the big firms trying to stop smaller companies entering the market and overtaking them.
Nvidia are currently doing very well out of the AI goldrush too since they're selling AI shovels so that might be an avenue to go down.
But this is what I mean, I assume some of these ETFs have a mix of the big boys alongside OpenAI, Nvidia and then a selection of smaller punts. I wanna spread like my mum in her 20s.
IShares Robotics and Artificial Intelligence (IRBO) is the only one I know of.
None of you should be buying individual stocks, but Nvidia is +140% for me.
This is strong advice that I have completely ignored. Things went down, I bought some, things went down more, I bought more. A repeating cycle until one of us goes bust.
And I don’t think I can out last the stock market.
This is going to be the most pointless 30 minute meeting I've ever attended.The Chairman has confirmed that he is happy for you to attend the AGM and I can confirm that we expect the meeting to finish by 1pm.
Please let me know if you have any questions you would like me to forward on in advance of the meeting.
I've been investing heavily in en primeur Bordeaux wine season this year. Been a very good year for wine and no capital gains when you sell it. Basically free money.
Are you just winding Giggles up now?
If it's not James Bond themed I'm not interested.
Hopefully.
Wine is much more interesting than Smith and nephews.
Isn't this what that guy who killed his family at that posh school was into?
Did we all dive into home builders during the doom and gloom?
Shoulda dipped into Sol, easy 2x
XRP was a 3x but nobody saw that.
https://archive.ph/2023.07.21-044936...a-139e1ec39b99
Blowing up cash points = free money.
Crypto a no go for me. Just too much risk.
I’m doing pretty good sticking with ftse stocks and the occassional American share.
Debating “investing” in vintage games. We get an allowance at work for “well-being” and it’s use it or lose it, so it’s basically a 60% discount if you buy gym equipment or video games or something like that.
Tempted to just buy a load of copies of old Nintendo games (Zelda, mario, Pokémon) and shove them in a drawer.
Anyone got any experience investing/collecting in stuff like that? Or any ideas. Wine/whisky are out, can’t have anything alcoholic.
Man's on that 50p a year gain. Sissy man's business.
Do it.
If you buy protectors for them don’t use https://gamingdisplays.co.uk/product...es/game-cases/ cos they’re near-impossible to build and even harder to take the blue wrapping off.
I'm a twit
I thought Pokemon cards were the nerdy man's wine collection these days?
Why can't you have anything alcoholic?
I imagine that contravenes the terms of the wellbeing allowance.
Oh yes. No attention sp
There are too many sets nowadays.
The old Wizards of the coast sets (base sets 1 & 2, jungle and rocket) exploded in value during lockdown due to mugs like me deciding to try and complete their old sets but prices have settled down again.
I’ve amassed a large collection of first edition (some shadowless) base set which are worth a fair bit, and should only increase in value, but it feels like a fools game to get them now. If you have them from childhood it’s a whole new ball game though.
Last edited by Baz; 21-07-2023 at 06:56 PM.
I'm a twit
If only you knew.
I have been so tempted to buy Pokémon cards but have not for exactly the reason you have stated above. I had so many but sold them
All off in my teenage years.
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