hambugerpete
Well-known member
Also was nice to see the treasury intervene on the car loan case.lloyds nearly back to where it was.
Investments - Strategies, Ideas, Options & advice
- Thread starter PNWokingham
- Start date
Mudball
Assistant Pro
$NVDA statement on DeepSeek
"DeepSeek is an excellent AI advancement and a perfect example of Test Time Scaling. DeepSeek’s work illustrates how new models can be created using that technique, leveraging widely-available models and compute that is fully export control compliant. Inference requires significant numbers of NVIDIA GPUs and high-performance networking. We now have three scaling laws: pre-training and post-training, which continue, and new test-time scaling.”
Basically it is saying.. it does not matter who is mining, we are selling shovels and pick axes…
Mudball
Assistant Pro
What happened.. I missed it
hambugerpete
Well-known member
Reeves bids to intervene in car finance case that could cut lenders’ £30bn bill
Shares in Lloyds and Close Brothers rise as Treasury seeks to tell court that lawsuit could cause economic harm
www.theguardian.com
Thier intervention has seen the Lloyds share price recoup it's recent losses, back above 60p again
hambugerpete
Well-known member
I read a little of it, seems like it runs on older Nvidia chips, but won't answer questions about Tianeman square..
Fade and Die
Medal Winner
Can it find a photo of a Gorilla?
Mudball
Assistant Pro
One of the greatest things about human creativity is its ability to do things with limited resources. US sanctions meant they could not get high end chips so they used the older chips, BUT they changed the algorithm and approach needed… Bingo.
PNWokingham
Journeyman Pro
Another one of my investment trusts (BBGI Global Infrastructures) succumbed to a bid today from a Canadian pension fund. Nice (in that it rallied 20%) but also frustrating as solid trusts like this that act like bond proxies per se and becoming rarer. indeed in this infrastructure sector there are not many. I decided to sell rather than wait for a small premium if the deal goes through later in the year and redpoyed the cash into the other 2 similar trusts - HICL Infrastructure and International Public Partnerships - both yield around 6.8% and trade at circa 15% discounts to their asset values
hambugerpete
Well-known member
The drop of interest rates and another 2 predicted means savings rates will drop, factor in inflation means cash savings could potentially be earning 1% or less.
Mudball
Assistant Pro
Palantr you beauty.. up 75% since i bought it this year.. Equities rock!!! (now that i posted it here, it will drop like a brick)
hambugerpete
Well-known member
They do if you pick a winner
Mudball
Assistant Pro
I agree... but all you need is a few winners that pay off the losses in others. The key is also to hold your nerve. We are very quick to cut our winners, but let our loses run..They do if you pick a winner
hambugerpete
Well-known member
I've certainly had both over the years. These days I find it better to just buy the whole market
Mudball
Assistant Pro
+1 for index funds… junior ISA only has index in it. No point second guessing the market.
Mudball
Assistant Pro
Loved this one …. Elon eat my exhaust
hambugerpete
Well-known member
Rumours circulating that the cash ISA limit will be cut due to pressure from city fund managers. They would obviously rather we invested our money with them in stocks and shares ISA.
I'd be surprised if this were to happen and you can keep cash in a stocks and shares ISA anyway so seems like just tabloid gossip from the usual suspects.
I'd be surprised if this were to happen and you can keep cash in a stocks and shares ISA anyway so seems like just tabloid gossip from the usual suspects.
Mudball
Assistant Pro
tbh, i dont understand the point of a cash isa
hambugerpete
Well-known member
Yeah I guess as it's a nice straight forward product for some. Also my HL stocks and shares ISA has a monthly fee so I like to keep emergency cash elsewhere although no fee for holding cash TBF, just a poor rate . 212 is flexible so allows money out and back in without affecting your yearly allowance.
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Old Colner
Club Champion
I have invested in ISA's regularly since there inception and seen the interest rate fluctuate but kept at it and this year I had a saving of £1,200 on my tax bill compared to if the money had been invested in a savings account and next year due to higher interest rates around £4,000.
hambugerpete
Well-known member
Im assuming he means the point of having separate types. As opposed to ISAs in general. They are a great way of saving, probably too much cash in them but that's a different story.
