Rate my SIPP - ITV high conviction

Cobbler_tone

I’d rate it as ‘strange’ when there are thousands of stocks on a clear and consistent upwards trajectory.
Good luck though!

Juno_Moneta

MeteredOut - Will do. 

Prob next update around the ITV Plc 2024 Full Year Results on 6th March. 

I’ll know the final dividend amount then. 

And ITV is usually quite volatile around results so anything could happen…

FIREDreamer

Juno_Moneta said:

MeteredOut - Will do. 

Prob next update around the ITV Plc 2024 Full Year Results on 6th March. 

I’ll know the final dividend amount then. 

And ITV is usually quite volatile around results so anything could happen…

Given its size, this must be pretty much all the pension you have. Please have a think about this strategy as it could go horribly horribly wrong. Given its size you are reaching close to the maximum LSA (25% of the old LTA) and beyond that the government gains at the expense of you taking all the risks.

Miiade

It’s good to see a different approach.

Personally I would hedge my bets and put 50% into Tesla stock. Clearly it’s a volatile stock but has massive upside potential. They are close to solving full autonomy and are looking to produce humanoid robots at scale. If either of these 2 come off the stock could easily 3x from here. He who dares wins Rodney….

FIREDreamer

Miiade said:

It’s good to see a different approach.

Personally I would hedge my bets and put 50% into Tesla stock. Clearly it’s a volatile stock but has massive upside potential. They are close to solving full autonomy and are looking to produce humanoid robots at scale. If either of these 2 come off the stock could easily 3x from here. He who dares wins Rodney….

You would have to be a 24 carat plonker or a silly old twonk to even consider that.

Miiade

FIREDreamer said:

Miiade said:

It’s good to see a different approach.

Personally I would hedge my bets and put 50% into Tesla stock. Clearly it’s a volatile stock but has massive upside potential. They are close to solving full autonomy and are looking to produce humanoid robots at scale. If either of these 2 come off the stock could easily 3x from here. He who dares wins Rodney….

You would have to be a 24 carat plonker or a silly old twonk to even consider that.

Tesla are bringing out a cheaper golf sized compact later this year, which should sell really well. Their energy storage business is also growing quickly and will overtake cars at some point.

However it’s really an AI play and the real money is in the software for driverless cars rather than shifting metal where margins are low. In terms of humanoid robots even if they only get a small share of the market the profits will be massive as the TAM for robots will be off the scale. Share volatility price for sure, but should go a lot higher in price.

Bostonerimus1

Miiade said:

It’s good to see a different approach.

Personally I would hedge my bets and put 50% into Tesla stock. Clearly it’s a volatile stock but has massive upside potential. They are close to solving full autonomy and are looking to produce humanoid robots at scale. If either of these 2 come off the stock could easily 3x from here. He who dares wins Rodney….

You and the OP will have plenty to discuss.

I know this is a forum where questions can be asked and everyone is free to share their opinions within the rules, but I hope that anyone coming to this discussion without much knowledge of investing still manages to see the issues with the OP's approach and even putting anything like 50% of their assets into something as volatile as Tesla.

Juno_Moneta

I wouldn’t invest in Tesla. 

It’s a hot stock chased up by sheep to a ridiculous P/E Ratio of something like 170+. I see no opportunity here. 

ITV on the other hand is an overlooked stock pushed down by bad sentiment to a lowly P/E Ratio of about 9 or so. I see opportunity here. 

Anyone who doesn’t understand how to compare stocks fundamentals shouldn’t be investing at all, diversified or not. 

Hoenir

Miiade said:

FIREDreamer said:

Miiade said:

It’s good to see a different approach.

Personally I would hedge my bets and put 50% into Tesla stock. Clearly it’s a volatile stock but has massive upside potential. They are close to solving full autonomy and are looking to produce humanoid robots at scale. If either of these 2 come off the stock could easily 3x from here. He who dares wins Rodney….

You would have to be a 24 carat plonker or a silly old twonk to even consider that.

Tesla are bringing out a cheaper golf sized compact later this year, which should sell really well. 

Suspect that Musk's antics are beginning to erode the brand's image and saleability in many international markets. Not as if it's the global market leader anymore. Recent crashes involving Cybertruck's are also undermining the FSD technology. On which Tesla is relying to boost profitability of the car division. 

Bostonerimus1

Juno_Moneta said:

I wouldn’t invest in Tesla. 

It’s a hot stock chased up by sheep to a ridiculous P/E Ratio of something like 170+. I see no opportunity here. 

ITV on the other hand is an overlooked stock pushed down by bad sentiment to a lowly P/E Ratio of about 7 or so. I see opportunity here. 

Anyone who doesn’t understand how to compare stocks fundamentals shouldn’t be investing at all, diversified or not. 

Comparing stock fundamentals is a fast way to delude yourself and lose money.