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Post by Mr. FOLLARD on Jul 2, 2019 9:51:25 GMT
My mam left me some shares and after transferring the certificates (one HUGE fucking hassle even more difficult than sorting out the actual probate, but anyway...) I have a small portfolio. Don't hate me - it's not much. Instead of selling them all I'm keeping them, at least for now. I've arranged to get regular dividend payments, and I'm keeping my eye on their market value online. It's addictive.
I wonder if it's worth buying any more now. My first instinct was to think that it's unwise while all this Brexit lark is going on and the markets are nervous, but it's not quite that simple. GlaxoSmithKline, for example, are doing well. That's my tip for today.
Playing the market, I think, is something between keeping savings in a high-interest bank account and gambling on horses, as far as risk/return goes. There's a lot of advice online, even for modest investors. You know, 'if I had £1000 to invest right now', that kind of thing.
erm....does anyone else do this?
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Post by Reactionary Rage on Jul 2, 2019 9:58:14 GMT
You WANKA
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Post by Mr. FOLLARD on Jul 2, 2019 10:00:25 GMT
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Post by DarknessFish on Jul 2, 2019 10:18:28 GMT
I don't play the market in anyway, but I do have a fair bit of money invested in some share portfolio thing that the building society set-up. Brexit makes me very nervous, I keep thinking I should get rid of a big chunk of it, but there's never any good news around the corner, and we're always on the precipice of an announcement which will tank the market. You know, the only headlines I can see in the next few months are "Boris Johnson is Prime Minister", "Jeremy Corbyn wins election", "No Deal Brexit Finally Fucking Happens", all of which are shit outcomes that the markets will no doubt react to badly. I just know that the day I decide to sell, by the time the cogs have moved which means my shares are actually sold, that will be the day that the markets have a major blip caused by the latest government stupidity.
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Post by Mr. FOLLARD on Jul 2, 2019 10:25:51 GMT
Bitcoin is doing well again - they're talking about potentially big medium-term gains...
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Post by tory on Jul 2, 2019 10:28:53 GMT
I'm building a small portfolio. Shares will always pay out more than Trusts etc.
At the moment I've been investing small amounts (£100/£200) in Penny stocks to see the lie of the land and the fluctuations. Deep down I think FTSE 100 stocks will always be your best bet, even if they are really expensive to buy. Smaller companies are hugely at risk from liquidation, but conversely can produce big profits.
The market is extremely bumpy right now. My only tip is to start small and research thoroughly. You can also use those apps which allow you to "play" the stockmarket with fake cash etc.
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Post by Reasonable good Nick on Jul 2, 2019 10:57:12 GMT
Coan will be joining us TORIES on the dark side soon.
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Post by Reactionary Rage on Jul 2, 2019 11:11:31 GMT
It's the kind of thing I feel I should be doing with an eye on retirement but it just seems like such work!
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Post by Reasonable good Nick on Jul 2, 2019 11:13:05 GMT
It's the kind of thing I feel I should be doing with an eye on retirement but it just seems like such work! Clock's ticking Dougie. We are all getting OLD.
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Post by Mr. FOLLARD on Jul 2, 2019 11:15:10 GMT
True. But also it's kind of enjoyable.
Buying stocks and shares doesn't automatically make you a WANKS. You don't have to invest a lot, initially.
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Post by Reactionary Rage on Jul 2, 2019 11:16:52 GMT
I know, I know. I need to get ON IT otherwise how on earth am I gonna retire at 50 and move to France (with a holiday home in Italy?).
Maybe we should all club together and create some kind of BCB retirement home for messageboard wankas.
-"Remember that time you called G a patronising cunt, Dougie? That was hilarious!" *silence* -"Dougie?" -"I think I've crapped my pants...."
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Jul 2, 2019 11:20:54 GMT
Nurse!
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Post by tory on Jul 2, 2019 11:27:17 GMT
True. But also it's kind of enjoyable. Buying stocks and shares doesn't automatically make you a WANKS. You don't have to invest a lot, initially. It does. Once you start investing, you are basically a Nazi.
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Post by Reasonable good Nick on Jul 2, 2019 11:30:39 GMT
I know, I know. I need to get ON IT otherwise how on earth am I gonna retire at 50 and move to France (with a holiday home in Italy?).
I think I've mentioned on here before that a couple of people who know about these things have told me that investing in classic watches offers good returns. Especially discontinued ones like Rolex Submariners. There are whole websites devoted to the minutiae of this stuff.
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Post by Reactionary Rage on Jul 2, 2019 11:33:06 GMT
I know, I know. I need to get ON IT otherwise how on earth am I gonna retire at 50 and move to France (with a holiday home in Italy?).
I think I've mentioned on here before that a couple of people who know about these things have told me that investing in classic watches offers good returns. Especially discontinued ones like Rolex Submariners. There are whole websites devoted to the minutiae of this stuff.
My Mum and dad have two cartiers! Provence here I come! Yeah baby!
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