Lots of good advice already
Easiest to miss is usac’s point on the difference fees make. It’s a lot more than you’d think.
Something like 80% of professional fund managers fail to beat the market and also charge more than a simple tracker.
So a simple tracker with low fees is a decent starting point. Not many end up doing better than that.
Day trading is for the birds. Very clever people with very powerful software and 100h working weeks usually don’t do very well at it. Equities are long term things.
Never sign up for “our clever system to beat the market/make a fortune from forex/crypto/etc”.
If something seems too good to be true then it is.
Posted By: Old Man on November 17th 2021 at 18:32:32
Message Thread
- Investing - advice / comments welcome (General Chat) - NxNW, Nov 17, 15:58:50
- re: investing (General Chat) - oli470, Nov 17, 20:42:27
- Watch prof Alex Edmonds' lectures at Gresham college. (General Chat) - KevinBond, Nov 17, 19:57:15
- Buy ETFs. (n/m) (General Chat) - LeftSide, Nov 17, 19:13:16
- Elephant Tusk Finials (n/m) (General Chat) - Jumbo1, Nov 17, 19:23:18
- Invest it in a Jumbo1 business opportunity (n/m) (General Chat) - Jumbo1, Nov 17, 19:09:18
- I'm not an IFA but became interested in this a few years ago (General Chat) - Ruttles, Nov 17, 19:09:13
- If you invest with me I guarantee satisfaction (n/m) (General Chat) - protheroe fitzgibbon, Nov 17, 19:09:10
- ^arse cheque (n/m) (General Chat) - Jumbo1, Nov 17, 19:24:48
- 100% agree with Cardiff Canary. (General Chat) - SeattleSounders, Nov 17, 18:51:07
- Lots of good advice already (General Chat) - Old Man, Nov 17, 18:32:32
- There’s a slightly old (pre financial crisis) book called “Simple but not easy” which is a (General Chat) - Old Git, Nov 17, 18:19:56
- Unlike my Garry who’s both simple and easy (n/m) (General Chat) - Jumbo1, Nov 17, 19:06:26
- Buy a load of coke, get a couple of hookers and put the rest on red 👍 (n/m) (General Chat) - Captain Bligh, Nov 17, 18:11:31
- ^^ Wayne Rooney’s IFA ^^ (n/m) (General Chat) - Old Git, Nov 17, 18:15:43
- 🤣 (n/m) (General Chat) - Captain Bligh, Nov 17, 18:16:47
- That is shocking advice (General Chat) - Kangol Canary, Nov 17, 18:13:16
- ^^ Wayne Rooney’s IFA ^^ (n/m) (General Chat) - Old Git, Nov 17, 18:15:43
- lots of good and bad info on the tinternet so try and sift out the good stuff (General Chat) - Tombs, Nov 17, 17:35:13
- My advice use a world tracker if you are under 40 100% equities (General Chat) - pinkney, Nov 17, 17:32:21
- No one’s mentioned dividends, they can make quite a difference to your overall gains (n/m) (General Chat) - Augustus Pablo, Nov 17, 17:17:53
- I use both IG and HL (Hargreaves Landsdown) (General Chat) - Old Splat, Nov 17, 17:06:50
- ^minted (n/m) (General Chat) - Jumbo1, Nov 17, 20:12:52
- Thanks, that spreadsheet idea is right up my street (General Chat) - NxNW, Nov 17, 17:12:37
- Couple of quick questions (General Chat) - JoeyDeacon, Nov 17, 16:59:57
- No, the investment that I've already made was just a punt - no advice save for reading a (General Chat) - NxNW, Nov 17, 17:07:14
- What would USAC do? (n/m) (General Chat) - tudders, Nov 17, 16:52:14
- Since you asked and didn't have some kind of meltdown tilt.... (General Chat) - usacanary, Nov 17, 17:00:49
- This is actually pretty much what Warren Buffett would say (General Chat) - Old Git, Nov 17, 18:15:11
- 👍 (n/m) (General Chat) - NxNW, Nov 17, 17:12:58
- Since you asked and didn't have some kind of meltdown tilt.... (General Chat) - usacanary, Nov 17, 17:00:49
- what you should really do (General Chat) - Henclrikus, Nov 17, 16:39:58
- That's just not true............ (General Chat) - usacanary, Nov 17, 17:06:54
- All good advice here already (General Chat) - Cardiff Canary, Nov 17, 16:36:03
- Match risk up with time scale is the basic rule (General Chat) - SimonOTBC, Nov 17, 16:28:32
- Meant to reply to Munich93! (General Chat) - SimonOTBC, Nov 17, 16:30:01
- Cheers, much appreciated (n/m) (General Chat) - NxNW, Nov 17, 17:13:32
- Meant to reply to Munich93! (General Chat) - SimonOTBC, Nov 17, 16:30:01
- Buy high..sell low! simples. (n/m) (General Chat) - KevinBond, Nov 17, 16:19:32
- Just wondering why you went for high risk as a novice? (General Chat) - Munich93, Nov 17, 16:13:06
- Because I'm (fairly) young and can leave that investment in situ to ride out any slumps (n/m) (General Chat) - NxNW, Nov 17, 16:14:50
- The advice below around spreading the risk is good imo (General Chat) - Munich93, Nov 17, 16:23:54
- Because I'm (fairly) young and can leave that investment in situ to ride out any slumps (n/m) (General Chat) - NxNW, Nov 17, 16:14:50
- only invest what you can afford to lose (General Chat) - pab, Nov 17, 16:10:29
Reply to Message
In order to add a post to the WotB Message Board you must be a registered WotB user.
If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.