How’s your luck with shares these days?

images

The nanny state in action.
 
Yeah justin, tell us about your mature short. Were on the edge of our seats.
are you having a misoverestimation of your ability to understand?
Post was made around the vertical dotted line. I don't remember where I came out. Probably the shorter one, may have re-entered.
What's ur problem?

1744108035637.png
 
I used to have shares, many moons ago. I am too nervous and uneducated in the subject these days to invest!
Entirely sensible. It does take some motivation - you know, like greed, or a desire to fight from a chair.
It's not hard as such, it's very very easy to get too nervous/emotional about it and take bad decisions
There's a ton of eduimificational youtubes now, but you'd need to practice. Not for everyone.

Actually my motvation was to earn enough to pay for care in old age. That's done, but I'm stuck mobility-wise so there's not a lot I can do.
 
Last edited:
My brother now lives off income from dividends, he says he couldn't care less what the share price does as long as they are a good divi payer.
That's become quite popular, with good reason. Some smaller companies give huge divis, but the share price drops by the same % every year, so it does matter! Something like HSBC has been great. Fporm 12 months ago it went up 50%, though it's only up 20% now, AND gives something near 9% div iirc. There's lots of online advice about those because everyone has much the same aim.
 
Last edited:
Good time to buy today
Bonkers day to be trading. There was one point where there was some fake nooz about trump delaying the tariffs. The market was moving up so everyone was long. Then it got a turbo boost. I was in Nasdaq futures, which is very popular. It shot up $700 (on about 19k). So for every share you owned or had borrowed, you won $700. Keen amateurs might with leverage have say 50 (would need a 50k pot). Whoop whoops when the rise stopped and everyone closed, but then it turned south, so everyone went short, for the same amount. It was making W patterns all day, but not as big as that one. Quite tiring, in its way.
 
Entirely sensible. It does take some motivation - you know, like greed, or a desire to fight from a chair.
It's not hard as such, it's very very easy to get too nervous/emotional about it and take bad decisions
There's a ton of eduimificational youtubes now, but you'd need to practice. Not for everyone.

Actually my motvation was to earn enough to pay for care in old age. That's done, but I'm stuck mobility-wise so there's not a lot I can do.

I guess it has a lot to do with skill and knowledge and also some amount of luck?
 
Money worshippers love to brag about their winnings. Others don't feel the need.
Money worshipper, probably guilty, but the intention isn't to brag, more to say this is how it works and anyone - on here, say - should be able to do it.
It doesn't always work if you're imprudent.
I was quite LONG in gold. I said so here. ie I had too much. I sized up too late, and it dropped. It's down, like 5 figures. I sold some because it could go much further, and held some hoping for a rise. If I sold today it would be the biggest loss I've ever made. Have to "put it in perpective" though. As a percentage overall, and so on. Then it's mostly annoying... Quite annoying.

Now may NOT be a good time to buy the dip. We couuld have another 20-40% drop care of the Orange one, followed by a period of stagflation.
Then a bigger war with Russia, and China, and Iran.
 
Back
Top