Investments, stocks, shares

[Ollie93]

On 30/12/2020 at 18:55, bmt said:

How did people first get into this? Want to start being a bit more sensible with my extra cash from Jan so investing seems sensible. Any good reading material etc?

Read up on it. Look at ETFs etc first, I'd say 90% of your holdings go in them, then have some fun with the rest (IF you can afford to)

[shailen]

6 hours ago, Benguin said:

Just exited at 3p. Still feel it will go further but a tidy profit is a tidy profit. Might go back in if it drops. 

Congrats mate. I'm up massively on this and have the same temptation but trying to hold my nerve. Good luck with afc as well, I was in at 20p but sold at 35p 🤦‍♂️but profit is still profit. 

[Beechey]

Me reading this thread, wanting to join in, but not having the stones.

Just sat here enjoying effectively 0% interest on all my savings.

 

[Benguin]

What’s going on with wirecard? Skyrocketed today. 

[Babylon]

17 hours ago, Beechey said:

Me reading this thread, wanting to join in, but not having the stones.

Just sat here enjoying effectively 0% interest on all my savings.

 

Drip feed it in. I took out a Halifax stocks and shares ISA and you can just put in £20 a month (I'd advise more as it costs £2 a time to invest). Chuck it in trackers different market trackers and just leave it. 

 

Gives you a chance to work up the courage. I started out with a few hundred and have now got more than half of my savings in there. 

[Izzy]

1 hour ago, Benguin said:

What’s going on with wirecard? Skyrocketed today. 

Do you and others seriously look at stocks and shares daily?

 

It would do my head in seeing them going up and down on such a regular basis.

 

Reading the quarterly report from my broker is enough for me thanks.

[Benguin]

42 minutes ago, Izzy said:

Do you and others seriously look at stocks and shares daily?

 

It would do my head in seeing them going up and down on such a regular basis.

 

Reading the quarterly report from my broker is enough for me thanks.

Not as such, I check my trading 212 account each day (not to trade but just out of habit) and it shows the top winners and losers that day. It is a little bit painful when you see a random penny stock you’ve never heard of rocketing 500%

[Raj]

21 hours ago, Beechey said:

Me reading this thread, wanting to join in, but not having the stones.

Just sat here enjoying effectively 0% interest on all my savings.

 

Dint worry about it mate, these Gordon Gekos only tell us about the profits they've made.....Ask them about the losses they are sitting on and it will soon go quiet!!!

If not, then it's just me!!!

[Beechey]

5 hours ago, Babylon said:

Drip feed it in. I took out a Halifax stocks and shares ISA and you can just put in £20 a month (I'd advise more as it costs £2 a time to invest). Chuck it in trackers different market trackers and just leave it. 

 

Gives you a chance to work up the courage. I started out with a few hundred and have now got more than half of my savings in there. 

Yeah I think I'll take this advice. I already have an HL S&S ISA, so I'll probably set up a monthly payment and invest it into the S&P500 or something.

The crippling fear of putting in a large chunk of my savings will take a while to dissipate, though. 

Edited 5 January 2021 by Beechey

[Babylon]

1 hour ago, Beechey said:

Yeah I think I'll take this advice. I already have an HL S&S ISA, so I'll probably set up a monthly payment and invest it into the S&P500 or something.

The crippling fear of putting in a large chunk of my savings will take a while to dissipate, though. 

I don't know how much you know... so apologies if this is teaching you to suck eggs. 

 

Biggest deal is to just remember that at some point it's likely your account will have lost money, do not panic... early on I used to freak out, sell everything and then when the market went back up, I'd kick myself. I lost money chasing the market, rather than sitting tight.

 

The drip feed investing of x amount per month, means you'll buy when the market is high, but you'll buy when the market is low! There will be peaks and troughs, you have to look at any money being invested as a long term investment. 

 

When buying funds and trackers you might see two that look the same, one will be "income" which you'll get paid a dividend, the other "ACC" which will reinvest the money straight back into the fund, rather than taking the dividend. 

 

 

Edited 5 January 2021 by Babylon

[Strokes]

1 hour ago, Babylon said:

I don't know how much you know... so apologies if this is teaching you to suck eggs. 

 

Biggest deal is to just remember that at some point it's likely your account will have lost money, do not panic... early on I used to freak out, sell everything and then when the market went back up, I'd kick myself. I lost money chasing the market, rather than sitting tight.

 

The drip feed investing of x amount per month, means you'll buy when the market is high, but you'll buy when the market is low! There will be peaks and troughs, you have to look at any money being invested as a long term investment. 

 

When buying funds and trackers you might see two that look the same, one will be "income" which you'll get paid a dividend, the other "ACC" which will reinvest the money straight back into the fund, rather than taking the dividend. 

 

 

I like to look for volatile stocks and ride troughs into peaks. Short term gains and get out, it’s a hell of a lot more risk but you can make decent money quickly. It can go wrong but I’m up more than I am down and I never risk money I can’t afford.

[martyn]

If you're just going the tracker route then look at Vanguard as a platform. Cheapest around. As Babylon says, consistently feeding in every month/quarterly is a solid strategy. Maybe keep some in reserve to take advantage of buying market dips if you can.

 

My wife will be transferring her Stocks and Shares ISA over from Hargreaves Lansdown to Vanguard in the new tax year.

 

I quite like having a core and satellite portfolio, so I've got 70% in low cost index trackers and 30% in higher risk/specialist areas. 

Edited 5 January 2021 by martyn

[pazzerfox]

How do people generally chose their stocks?  I picked up Boohoo shares on the dip due to the recent issues but how do people go about finding the next Tesla?  Cheers.

[Babylon]

6 hours ago, Strokes said:

I like to look for volatile stocks and ride troughs into peaks. Short term gains and get out, it’s a hell of a lot more risk but you can make decent money quickly. It can go wrong but I’m up more than I am down and I never risk money I can’t afford.

Oh yeah, I’m not trying to suggest my strategy is the only strategy, more a sensible starting point. Once you get comfortable with it, then broaden your approach. 

[grobyfox1990]

Anyone haveany commodities tips for 2021? I'm thinking of dabbling in more markets this year aside from equities

[Benguin]

9 hours ago, grobyfox1990 said:

Anyone haveany commodities tips for 2021? I'm thinking of dabbling in more markets this year aside from equities

No but I definitely recommend the Ishares Global clean energy ETF. Been rising steadily all year and I think clean energy will only increase in market size. 

[Trumpet]

52 minutes ago, Benguin said:

No but I definitely recommend the Ishares Global clean energy ETF. Been rising steadily all year and I think clean energy will only increase in market size. 

I think I’m going to take what I’ve put into eqtec and move it over to this EFT tomorrow. Apologies in advance for the inevitable drop 😂

[grobyfox1990]

13 hours ago, Benguin said:

No but I definitely recommend the Ishares Global clean energy ETF. Been rising steadily all year and I think clean energy will only increase in market size. 

Cheers, already bought into that and the Invesco Solar ETF

[Ollie93]

23 hours ago, grobyfox1990 said:

Anyone haveany commodities tips for 2021? I'm thinking of dabbling in more markets this year aside from equities

Never used to even look at it, technically not a share. But you can't overlook Bitcoin, yes it is volatile, but if you don't buy a little you will be kicked yourself in 10 years. 

 

Look at that guy who sold 1300 for $50,000 in 2011, theyre now worth 35,000,000 ish.

[shailen]

On 05/01/2021 at 17:10, Raj said:

Dint worry about it mate, these Gordon Gekos only tell us about the profits they've made.....Ask them about the losses they are sitting on and it will soon go quiet!!!

If not, then it's just me!!!

Absolutely. Overall I'm up, but I've made losses on some and gains on others. It all really depends on your risk appetite and what is key, is that don't put money in you can't afford to lose. That's when an investment becomes a gamble. 

 

I don't have the capital so my risk appetite is quite high and I've ventured into some small cap risky stocks and whilst I've made money on a few and overall up, I've had to cut my losses on others where things were not what they appeared to be. You have to do your own research, buy into a company that you believe in and stick through all the short term movements unless something fundamentally changes in the business. Patience is key and so is timing but the biggest thing is only invest in something which you believe in wholeheartedly. 

[whoareyaaa]

Last week when I was on about bitcoin it was at 19k it's now at 29K madness 

[Ian Nacho]

Fully managed stocks and shares ISA with Nutmeg currently earning 15%

[nnickn]

On 08/01/2021 at 20:00, whoareyaaa said:

Last week when I was on about bitcoin it was at 19k it's now at 29K madness

still behind Tesla last few months

[ThurmastonFox]

Dip on EQT matched with steady increases on TLW and MSMN. Trying to hold my nerve as I think these could fly. UFO seems to be pretty stagnant

[shailen]

On 12/01/2021 at 16:31, ThurmastonFox said:

Dip on EQT matched with steady increases on TLW and MSMN. Trying to hold my nerve as I think these could fly. UFO seems to be pretty stagnant

EQT has come back a bit today, think the fall was only natural as people take their profits but its got far to go still imo so I'm trying to avoid hitting the sell button.