Contigo
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I've got it all wrong then - 2 days in and I am £50 down - panic stations.....lol...
That's called the spread mate!
I've got it all wrong then - 2 days in and I am £50 down - panic stations.....lol...
That's called the spread mate!
I for one wish you had not, anything that will aid any of us novices is of use. I'm doing lots of reading and research, it must be the only time i've stopped scouring the car sites in ages......I posted a couple of weeks ago about diversification and ultra-low cost trackers for equity investments, low cost holding/trading platforms (less important for - generally advisable - infrequent dealing) but deleted it as it seemed too boring - though sometimes boring is good
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Not wanting to get into a PH style battle (if anyone wants that, the PH finance forum has some gladiators who will rise up to any mention of pensions, or anything financial and I am sure that there are goldbugs there as well) but there seems to have been a riptide of thread drift - sliding from OP's pension advice to hot tip frontier resources or tech stocks.
I posted a couple of weeks ago about diversification and ultra-low cost trackers for equity investments, low cost holding/trading platforms (less important for - generally advisable - infrequent dealing) but deleted it as it seemed too boring - though sometimes boring is good - Berkshire Hathaway for example, not that I am suggesting you buy some shares. Note that BRK.A rose by 2800 USD today... but note that one share, as I'm sure you know, is fairly expensive ($275600 today at close) and the divi isn't good.
Not wanting to get into a PH style battle (if anyone wants that, the PH finance forum has some gladiators who will rise up to any mention of pensions, or anything financial and I am sure that there are goldbugs there as well) but there seems to have been a riptide of thread drift - sliding from OP's pension advice to hot tip frontier resources or tech stocks.
I posted a couple of weeks ago about diversification and ultra-low cost trackers for equity investments, low cost holding/trading platforms (less important for - generally advisable - infrequent dealing) but deleted it as it seemed too boring - though sometimes boring is good - Berkshire Hathaway for example, not that I am suggesting you buy some shares. Note that BRK.A rose by 2800 USD today... but note that one share, as I'm sure you know, is fairly expensive ($275600 today at close) and the divi isn't good.
stop that working mullarky....mugs game
I for one wish you had not, anything that will aid any of us novices is of use. I'm doing lots of reading and research, it must be the only time i've stopped scouring the car sites in ages......
Well, a pension is a pretty serious issue for which one would be sensible to get professional advice, and you should never have all of a pension fund in equities, except perhaps very early on .
Over the years I have moved to a fairly standard, simplistic and boring strategy based on several frequently stated principles.
1. Shelter investments from tax.
2. Keep charges / costs low.
3. Reinvest dividends.
4. Don't try to time the market - the pros are much better at it than you.
5. Don't try to stockpick (same reason) - and ignore hot tips or whatever the adverts are pushing.
6. Deal as little as possible.
7. Spread investments widely - no more single company shares.
And what oil minnow was that?
And have you seen the price now? They have gone from 1p to 20p high in under a year. Again as you said, it ain't a profit or loss until you sell.
I've done a fair bit of share trading, and the old adage still holds true.
It's not a profit until it's banked.
I paid for the deposit on my first house buying gold at $320 oz. on a spread bet. Sold up at $1200.
Ta very much. Should have put it all into the house rather than chucking half on an oil minnow that tanked and lost me a fortune!
Oh well, live and learn.