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cryrst The garden of England 21 Feb 18 1.10pm | |
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Had a bit more of ppi back.
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npn Crowborough 21 Feb 18 1.30pm | |
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could you not just chuck it in an ISA with a good fund manager? As a note of caution, I used to be in a share club with a load of colleagues, all working for a financial/wealth management software house, so all understood the stock market - still managed to lose a shedload! A fund allows you to be properly diversified as the sums involved are so much greater, so you can have money in a fund which is diversified across markets, stock types, sectors, and currencies. All my ISAs are in funds (and if you really want to dabble, you could always get yourself a self-select ISA, assuming they still do them)
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cryrst The garden of England 21 Feb 18 1.43pm | |
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Originally posted by npn
could you not just chuck it in an ISA with a good fund manager? As a note of caution, I used to be in a share club with a load of colleagues, all working for a financial/wealth management software house, so all understood the stock market - still managed to lose a shedload! A fund allows you to be properly diversified as the sums involved are so much greater, so you can have money in a fund which is diversified across markets, stock types, sectors, and currencies. All my ISAs are in funds (and if you really want to dabble, you could always get yourself a self-select ISA, assuming they still do them) Did you lose because you chased a loss or did you put tons in to start.
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Stuk Top half 21 Feb 18 1.48pm | |
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AIM is penny shares but you can still lose all your money just as quickly. There are no idiots guides, nor safe bets, and every transaction costs you money. Buying/selling/holding etc. [Link] A managed fund in a stocks and shares ISA is the way to go, as npn has said.
Optimistic as ever |
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m/k mick milton keynes 21 Feb 18 1.52pm | |
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Do not go for start ups, or AIM, whoever you bank with will no doubt have a share buying service, dead easy, i deal with first direct, if i were you i would open an account, buy via a self select ISA, check out dividend paying stocks with a long history, and re invest the divis, as you are new, stick to ftse 100 companies, google lse, London south east,not london school of economics, there is loads of info on there to help you
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npn Crowborough 21 Feb 18 1.54pm | |
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Originally posted by cryrst
Did you lose because you chased a loss or did you put tons in to start. I was also thinking of looking at startup companies. That looks complicated in itself with tax and the like. Also I'm not in any finance business at work so my view shouldn't be to deep as to That's why it's best to leave it to the professionals - I find the financial pages dull as dishwater, so I don't read them, and am unlikely to be up to speed on my portfolio, much less be aware of upcoming dividend dates etc. The share club wasn't a major disaster, we followed some "tips" looking for a big mover - certainly found a few, just mainly in the wrong direction Startups are a bit of a gamble, and again the more you know the better - I had a holding in a firm called Transense Technologies - went through the roof... then back through the floor again
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Lyons550 Shirley 21 Feb 18 1.54pm | |
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If i were you i'd subscribe to the Penny Share newsletter...its worth it in the long run. Some of my original investments have increased by over 1000% (Oxford Biomedica) But as someone else said, they're far more volatile and less likely to pay any dividends so you will want to mix these up with the likes of Lloyds (which are still a great price and pay a 6% dividend). Good luck Edited by Lyons550 (21 Feb 2018 1.54pm)
The Voice of Reason In An Otherwise Mediocre World |
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chris123 hove actually 21 Feb 18 1.55pm | |
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Originally posted by cryrst
Had a bit more of ppi back. Follow the Zulu principle and research niche markets and invest in the best company in that niche - made Jim Slater a quid or two.
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jp_cpfc Balham 21 Feb 18 2.19pm | |
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Originally posted by cryrst
Had a bit more of ppi back. I wrap my money up in a S&S Isa and put it in a Vanguard Life Strategy Fund - [Link] You can choose how risky you want it to be (20% equities up to 100%). I use the 80% fund. 80% of my capital gets invested in stock markets all over the world and 20% is invested in bonds. Looking at previous performance, it's returned nearly 11% a year for the last five years. Although I've only been invested for one so far.
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dannyboy1978 21 Feb 18 2.48pm | |
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88e (88 energy) is looking good for a nice return by the summer. they have found a huge oil reserve and looking to frack it commercially. you can pick up a lot of info using this forum
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chris123 hove actually 21 Feb 18 3.56pm | |
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Originally posted by dannyboy1978
88e (88 energy) is looking good for a nice return by the summer. they have found a huge oil reserve and looking to frack it commercially. you can pick up a lot of info using this forum Well from what I can see, the estimates are based on old 2d seismic and they're going to shoot 3d later this year and see if they can identify oil and/or shale targets. They've only just let the contract for the seismic - so you may have to wait it a little longer so that they can shoot it, process it, interpret it, identify drillable targets, hire a rig, drill some holes, and keep everything crossed, during the shortened working months in deepest Alaska, that they find something.
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Rudi Hedman Caterham 21 Feb 18 4.05pm | |
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TBH if it's only a grand of shares you're going to buy you may as well do matched betting for 30 mins a day for a year and multiply your money which you won't with most shares in a year. I said this to someone and he's still got the same amount ages after whereas someone else who did the matched betting has multiple times more. Or you could buy dips and sell peaks in Bitcoin if you don't mind it being possible high risk.
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