Investing club

Discussion in 'Yellow Pages' started by hornmeister, Dec 20, 2017.

  1. Optimistichornet

    Optimistichornet Penguin Assassin

    Well done. I learned my lesson a few years ago when I lost a couple of grand on a share that I was really convinced by. I bought in at an average of 20p a share, saw it rise to nearly 50p. Should have sold but got greedy and ended up selling for 10p a share less than a year lately. Company went bust shortly after. Since then I would rather sell too early than leave it too late.
    AndrewH63 and wfcSinatra like this.
  2. Anything clean energy for me. From the demise of coal power stations to the (not too far off) demise of petrol and diesel transportation, it has to be the growth sector over the next 10-20 years.

    I bought AFC last summer and I'm >100% up. iShares global clean energy ETF I'm up >70%. I bought Shell and BP based on their rock bottom price last summer and that they both are developing clean energy strategies.

    I'm aiming for a balanced portfolio of clean energy, technology, finance, consumer, and a few punts - I bought Marstons, Weatherspoons, Youngs etc in the spring when the shares were on their knees - all now in the green with some good returns expected. I'll donate the profits from these to Soi Dog etc.
    Last edited: Feb 3, 2021
  3. hornmeister

    hornmeister Club Legend

    In My ISA I'm split between iShares Global clean (136% up for me) and Blackrock Sustainable Energy up 50 odd%
    I've also put a small amount in the Downing renewables and infrastructure trust as I had a deal on the opening but it's slow at the moment, more a long term income generator.
    I've also got the Wisdom Tree Artificial Intelligence ETF. Xtrackers Euro health care and a couple of Corporate bond trackers.

    About 15% I'm invested in shares which I dip in and out of as and when the price varies. At the moment Amazon is doing OK Tesco is well up.

    My Sipp is similar without the shares, I let that one just accumulate.

    Both are my retirement pot and given the way the job is going it could be drawn on sooner rather than later.
  4. cyaninternetdog

    cyaninternetdog Forum Hippie

    Where can I find trusted DD?
  5. The market is back into common sense territory now then I see, lets hope not too many people lost money.
  6. Arakel

    Arakel First Team

    Was inevitable once the ability to buy was disabled on the services the retail customers were using.

    Lock out the people who want to buy and only allow selling and things can only go one way...
  7. cyaninternetdog

    cyaninternetdog Forum Hippie

    DFV is still in GME, the bloke has made millions already, Im wondering why he is still in unless he really does just love the stock.
  8. Optimistichornet

    Optimistichornet Penguin Assassin

    I wonder if he took profit at any stage, you would like to think so. I imagine there are a fair fee who made money, but you have to feel for all the first time investors who have been totally caught out and shafted. It seems many viewed this as an opportunity to shaft the hedge funds but actually it was a massive pump and dump.
    sydney_horn and hornmeister like this.
  9. AndrewH63

    AndrewH63 Reservist

    For the well known companies I surprised at how poorly Tesco shares are trading at. Given the cash mountain they have built up during the pandemic; my experience that they seem to be able to ramp up home delivery services at a pace competitors can’t match. And the potential tax squeeze on Amazon and other internet only giants in the budget. I would have thought they would be a good bet for a bit of growth as well as an income hold.
  10. hornmeister

    hornmeister Club Legend

    Theres a proposed 50p dividend and share dilution coming up this month, from the sale of their Asia business, so their pricing isn't necessarilly reflective at the moment.
  11. AndrewH63

    AndrewH63 Reservist

    That’s useful. Just shows whenever you think about an investment, don’t base it on what you think, do a bit of research before buying.
    hornmeister likes this.
  12. cyaninternetdog

    cyaninternetdog Forum Hippie

    He has made around $15,000,000 so far and thats in the bank, could have made three times that though I think if he had sold all his stock, this is why im intrigued as to why he didnt sell the lot.

    I cant post the link to his username on reddit as the swear filter blocks part of it.

    Lots of people made money on it, the people that were there before it got popular, fair few bag holders about though.

    I dont think the GME thing is over yet but im not riding that train just a curious bystander.
  13. Optimistichornet

    Optimistichornet Penguin Assassin

    yer I’ve seen some of his posts, he certainly seems to be treated like the messiah on there. i too have been watching, have no skin in the game but has been interesting to see the reaction of lots of first time investors who are obviously now horrified. I hope it goes back up for them, but I fear for anyone who bought in at anything above $100 a share. I don’t think we will see those prices again.
  14. PotGuy

    PotGuy Forum Fetishist

    It has occurred to me I should probably have investments, but I don't know where or how to do it.

    If I just want to dump some money somewhere and and have it earn a bit of interest instead of the 0.8% savings account, at least to start with, how do I go about it? What is safe? What app should I use?
  15. UEA_Hornet

    UEA_Hornet First Team Captain

    I’ll PM you my bank details. Guaranteed to return you more than 0.8%.
    PotGuy and La_tempesta_cielo_68 like this.
  16. lm_wfc

    lm_wfc First Team

    S&S ISA. Or S&S Lifestime ISA if it would apply to to (saving for a house or retiirement)
    Find one with the lowest fees.
    Find a world index tracker fund. Depending on your risk tolerance find a split of stocks to bonds.

    The basic principle is that on average people do as well as teh average of the stock market - so unless you believe you know better than the finance industry - or and pick which stockbroker is better than the rest - then you jsut want to track the average and minimise your fees while you sit back and forget about it.

    Spend £10 on reading Tim Hales Smarter Investing, then do that and leave it alone for 5+ years.
    PotGuy likes this.
  17. The easy way for beginners - choose one of the Apps (eToro, Freetrade etc) upload £100 and buy a couple of shares in a couple of companies you like the look of. Keep it small and simple. Follow the share for a few weeks, watch what happens, learn the market and get an understanding of why they might be going up or down. When you are feeling a bit more confident buy another £100. And so on and so on. Don't rush take your time to learn what's happening and develop an idea on what sort of portfolio you want.

    Personally I wouldn't worry initially about an ISA until you are getting near capital gains.

    Any questions just ask, I do this for a hobby but there are some pros on here who I'm sure will help.

    Just my two pennys worth...
    wfcSinatra, PotGuy and sydney_horn like this.
  18. reids

    reids Squad Player

    This, I use Vanguard and stick most of my money in the Global All Cap fund and then just leave it. Easy, hands-off, diversified and not bad returns either.
    hornmeister likes this.
  19. hornmeister

    hornmeister Club Legend

    I'd personally recommend steering clear of individual stocks for a beginner. Higher risk and lower value investments makes the spread/commission expensive.

    If you've no other ISAs then it makes sense to use one and the Lifetime ISA is a good option for youngsters hoping to get on the property ladder as the government give you a nice topup.

    With respect to who to use, loads out there. Hargreaves Lansdown are probably the easiest to deal with with a nice platform but expensive. Youinvest by AJ Bell is middle priced and there's some low/no fee providers out there but they make be a bit more tricky to deal with if you need help.
    Stick with one of the big boys and tracker funds until you find your feet. Vanguard offer low cost tracker funds. when you're a bit more up to speed you can look at ETFs which are lower cost and individual stocks for companies you think are a good long term prospect.
  20. Optimistichornet

    Optimistichornet Penguin Assassin

    I personally use hargreaves lansdown, as hornmeister says its got a nice simple platform. the fees for buying individual shares can be quite high, so you feel like you need to invest a minimum of £1000 in a share to make it worthwhile. that being said if you are using funds they have a fairly good selection on their wealth 50 shortlist and you get quite good deals when investing.
    hornmeister likes this.
  21. hornmeister

    hornmeister Club Legend

    Fund trading is free but there is a fairly hefty ongoing.
    Not a fan of their wealth selection personally, but their independent research is very good. Platform generally reliable.
    Last edited: Feb 9, 2021
  22. Teide1

    Teide1 Squad Player

    I bought through HL Baillie USA and China funds up 57% and 45% since last June and August respectively, go onto the HL site and research their top 50 I believe the above two funds are in it, Dyor!
  23. I still have a HL account and I still use it occasionally but I tend to use Freetrade more now. I got cheesed off with the charges.
  24. PotGuy

    PotGuy Forum Fetishist

    I was reading about and I reckon I should split between a global index and an emerging market index. Then just keep a little in my normal savings account if I need to buy a dishwasher or something

    I used an app called Avanza, seems to have the best reviews over here in mother Sweden

    Should be a relatively safe way to make average gains? Bearing in mind this will essentially just be away to make more interest than having it lying in a fixed savings account at some pitiful 1% rate, rather than looking to make big gains
  25. lm_wfc

    lm_wfc First Team

    Emerging markets may habe ahigher return - may have a negative return, there genereal advice is split it evenly - as emrging markets dont account for hlaf the world econoomy so you are overly exposed to that.

    I've gone for about 10-20% I think - but if you are interested in higher returns with more risk then what you've done is fine
  26. PotGuy

    PotGuy Forum Fetishist

    I haven't done it yet, I was waiting to see if any comments would come up

    I'll put less into the emerging market, thanks for the advice
    lm_wfc likes this.
  27. PotGuy

    PotGuy Forum Fetishist

    Do you guys use any software to track your investments?
  28. I haven't come across the Avanza app you've selected, but doesn't that have any rudimentary tracking?
  29. cyaninternetdog

    cyaninternetdog Forum Hippie

    I have recently got into these off the back of this guys DD and it looks promising.

    This guy has written some program that tracks what social media are talking about, he then does DD. He doesnt get into meme stocks though which is good. This is a list of all the stocks he has recommended and how they are performing, 37% up, it was higher so I guess its knowing when to exit the play.
    reids likes this.
  30. Optimistichornet

    Optimistichornet Penguin Assassin

    don’t need to, the Hargreaves lansdown platform does it all for you. :)
  31. lm_wfc

    lm_wfc First Team

    You're welcome.
    I'd double check with any comments that don't look like they were typed by someone having a stroke
  32. PotGuy

    PotGuy Forum Fetishist

    Yeah it's only available in Sweden, but it is the one everyone uses here it seems

    I have no idea what it offers to be honest, evidently I will be able to see by the middle of next week when the purchase is finished, or whatever the correct term is
  33. cyaninternetdog

    cyaninternetdog Forum Hippie

    So GME dropped down to $50 ish after the first squeeze lots of red days then yesterday jumped 250%. From what I understand short selling hedge funds are still trying to claw back their positions and are actively lying about their positions to make people think the game is over. Usually in the past they would have got a $ x amount of millions fine which they would have been happy to pay after making $x amount of billions but this time people from the outside know whats going on or at least more people from the outside.

    I have no idea where this will end but it could possibly dip and go up again but the hedges are bleeding massively which is hilarious to see.
  34. hornmeister

    hornmeister Club Legend

    It'll come out of all of our pensions and investments (including those of charities, companies that pay our employment pensions and investments from companies we buy things from that will have to raise their prices). The only people that prosper are those from the increased activity which lines the pockets of the brokers and those that are manipulating the market for their own good not as a "stick it to the man" protest.

    It will end with increased regulation and cost which you've guessed it, we will all have to pay for again, with the brokers taking their slice of that as well.
  35. cyaninternetdog

    cyaninternetdog Forum Hippie

    Maybe for a short while, if enough people learn about it and put pressure on politicians then maybe it can be cleared up. Does this happen on all exchanges or is it just on Wall Street?

    How can they sell shares that dont exist????

Share This Page