Off-Topic / Stock Market and Trading Talk [1011]

It's estimated that 95 percent of Day Traders don't make money - If you are one of the 5 percent who do then happy days. I certainly wouldn't beat the odds myself which is why I just try and buy and hold and hopefully get some dividends too.

Off-Topic / Stock Market and Trading Talk [1011]

0.25 a month - 3 percent annualized. Of course I have noticed that interest is lower than inflation - in Poland inflation is 15 percent and interest rates are 3 maybe 4 percent. It is the same all over the world.

I have a farm already - it was a good buy but it's not practical in Poland to buy more - you have to live in the gmina in order to buy farmland now, so I can't even buy the next door fields. Because of that the market is becoming illiquid and prices are going down.

Day trading is far more speculative than holding stocks long term. And far more difficult to get right - which is why I avoid it. It is most beneficial for banks and brokers rather than the traders.

Off-Topic / Stock Market and Trading Talk [1011]

Ok - so if LI counts as your tip its a bit weird but I will put 200 bucks on it, just for fun.

My rate of interest in the bank 0.25 per month. I have a transaction cost of 1 percent so it needs to be up 4 percent the year for me to make money.

Off-Topic / Stock Market and Trading Talk [1011]

You didn't give me any LI tip I think - when was that ?

First time I contributed to this thread was 5th July and its down 3 percent since then

Off-Topic / Stock Market and Trading Talk [1011]

I have given you six dude - the good the bad and the ugly.

I am still waiting for one from you

Off-Topic / Stock Market and Trading Talk [1011]

Ok - Schlumberger. 37 dollars a share, up 4 percent this year

Should be plenty of upside for this oil equipment manufacturer. But i had it in my portfolio for 3 years and have never really made much from it. Maybe my patience will be rewarded.

Give us a tip for 11th September - 3 months time

Off-Topic / Stock Market and Trading Talk [1011]

But i have rental properties already and yields are low - 4 or 5 percent when inflation is 15 percent.

Investment properties look very overpriced

I will just do what I always did

When yoi going to give some tips dude ?

News / How is the Ukraine War effecting Poland and the rest of the E.U. [35]

Parents, pensioners, the church, small business owners in small towns - core PiS voters

Whose money is it ? It is our money, but PiS thinks it is their money

How much is from the EU ? Some but not so much - most EU money is for specific infrastructure spending

Off-Topic / Stock Market and Trading Talk [1011]

JR - I am not trying to wind you up, I am just asking for stock picks.

Like most people with a day job I don't have time or energy for "day trading" - after tax and fees you can only make a few bucks here and there, certainly less efficient than just doing some overtime

So i am still waiting for your tips. Don't like a year? Ok lets go for 6 months - I am going for business software provider SAP, down 25 percent since the invasion but a good installed base and steady revenues. Price today 89 euro.

Let's have yours for 8th January 2023

Off-Topic / Stock Market and Trading Talk [1011]

OK JR I got a few more fro you

JMT - owner of Biedronka. 21.94 Euro today. Up nicely over the past few days. I reckon up to 27 eur by next summer as Poles look for cheap shopping

Bank Pekao - down 37 percent last 6 months but high interest rates and removal of some PIS idiots from management might help it recover
Dexcom - down 37 percent this year, a poor performer from my US portfolio, but make diabetes drugs and should be Ok if covid comes back

So you now owe 4 tips for July 23 - lets be having them

UK, Ireland / Boris Johnson - is the new British PM a popular figure in Poland? [150]

The covid party thing is not stupid. He was partying while he told the rest of the country to lock down - unlike Russia (and Poland) the British people expect fairness and won't tolerate hypocrisy.

It wasn't just one lapse which would have been forgiven, it was a series of boozy parties which made it clear they thought the ruoes didn't apply to them. After that he never got his authority back.

Off-Topic / Stock Market and Trading Talk [1011]

This is Siemens on the German index that I am talking about. I am holding it - basically I am holding on to everything

What is your stock tip for )July 2023 ?

Off-Topic / Stock Market and Trading Talk [1011]

OK, so this weird JR. You ask for a stock tip and I give you one.

Now you say
- you never heard of it (its on the German exchange but surely everyone heard of it)
- you are a day trader
- you don't want a one year contest because you don't want your capital tied up (though you should have plenty to spare)

I respect you, so give us your tip for one years time. Can be NY, London, Warsaw, anywhere.

I have no idea what Siemens will do, probably Ok because it's a diversified business that makes something - I am just responding to your challenge. Now your turn.

Off-Topic / Stock Market and Trading Talk [1011]

Dude it's Siemens - SIE, one of the biggest industrial companies in the world and a Eurostoxx 50 company

There is not a question to answer - you just need to provide the name of the stock you are tipping.

Off-Topic / Stock Market and Trading Talk [1011]

OK

Siemens - its the worst performer in my portfolio this year, down 33 percent because of some energy and Russia things. But I am holding on to it for one year.

Price today 97 euro.

Give me your tip and we can compare in 2023 at end June.

News / Lukashenko - removes graveyard - AK resistance fighters [51]

I was assuming that Belarus somehow paid some contribution to look after Soviet graves. Maybe not ?

News / Lukashenko - removes graveyard - AK resistance fighters [51]

Soviet graves in Poland are not desecrated - on All Saints every Soviet grave normally has a candle on it. I will say that compared to the British and Commonwealth graves, the way the Soviets care for their graves in Poland is disgraceful - they are weed strewn and crumbling, but never attacked by locals.

You assume that everyone shares your mean mindedness and misanthropy - but we are all normal people, not bitter twisted internet warriors

Life / Poland's birthrate on the decline [480]

The people who don't have children are already taxed more heavily - if you are talking about Poland

History / Why American military aid to Europe and Poland is important to America itself? [227]

It was a colony - we had to produce crap and buy crap. Inferior products traded in worthless paper currency with a gerontocracy.

News / Will America send troops to fight a Russian invasion of Baltics and/or Poland? [283]

Lets guess when Velund will tell us the Odessa missile attack was staged.

I am going for 1 pm Moscow time.

Followed by Rich telling us that those women and kids had it coming

I guess it snuffs out any remaining pro Russian sentiment in Odessa.

News / Up to 80 Polish fighters killed in Ukraine [63]

They are not attacking Russia, they are defending Ukraine

Night shift passing slowly tonight ? That Nicaraguan coffee is running low and there is no more chocolate because of the sanctions. At least none for you - the higher ups will still get their ration

Life / Life in Poland - ECONOMY [59]

Yes - I never touch crypto. Might make me a mug but I have enough risk in my life with eating, drinking and smoking too much

Life / Life in Poland - ECONOMY [59]

I would say keeping some of your savings in foreign currency is still a good idea - you never know when this government is going to do something really mental or when the general situation for emerging currencies will suddenly go bad. On top of that PiS don't seem to have any strategy apart from spending other people's money.

I have savings in Euro and Dollar as well as some in zloty. The zloty ones are now worth 14% less than they were, the euro ones are worth 6% less.

Law / How to register a foreign Non-EU car in Poland? [25]

If you want any kind of official document at the moment then prepare for a long wait and the need to phone them many times to hassle them.

they don't work much in summer anyway.

they have a huge backlog after COVID

they have an awful lot of Ukrainians to process at the moment.

If I were you I would just drive your car around for a few months and if you get stopped just tell the cops the office was closed because of COVID / or that you were in isolation etc. But then I'm not a very risk averse person.

Life / Poland's birthrate on the decline [480]

So I decided I want more kids but my wife doesn't so if anyone is interested then PM me

Food / Where can I buy lamb in Poland? [89]

So there is a turkish shop and restaurant near the airport and they also have a mail ordee business where you can get lamb on the internet.

Unfortunately after racking my brains I cannot remember the name. I am saddled with a bad memory

News / Bitcoin Embassy Launches In Poland's Capital Warsaw [37]

I do know that Velund invested a load of his salary from the troll farm into Bitcoin back in March.

No doubt he wioo tell us that it's now been invested in something even better - Byetcoin or some other local Russian turd on a stick

Genealogy / Name of a town in Poland in early 1900's [32]

Maybe Lyakhavichy in Belarus. Strongly Jewish before the war. Has had a lot of names but none of them Liketz.

News / Strip clubs raided in Poland [20]

I was drugged by some of these girls, not in the strip club but in a normal bar next to it - they then tried to get me to go to the strip club. Fortunately they underestimated how much it takes to drug me :)

A few weeks after I was walking past the same bar and saw them talking to another punter so was able to warn him

Law / Buying and registering a car as a non-resident Polish citizen [4]

Might be worth checking one of the long term leasing companies like Carsmile or 99 Leasing - they retain ownership of the car so it might be a way to avoid this