How’s your luck with shares these days?

[carmanmemoranda]

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.

Interesting, my value in gold has far exceeded any other investment I've got. Cash, shares and property included.

 

[Justin Passing]

I guess it has a lot to do with skill and knowledge and also some amount of luck?

The nowledge bit is easy. There's nothing very hard.
You need a mind which can recognise patterns when they come up. Many are as simple as a saw-tooth, though some aren't.
Luck, I'd actually say no, not really. It's more a question of assessing theprobablilities, like a remote poker player knows how strong the situation is. If you "have a go" on a pair of twos, you get buried.. If you have 5 aces, still don't bet the farm, cos the other guy might have too!

 

[Koolpc]

The nowledge bit is easy. There's nothing very hard.
You need a mind which can recognise patterns when they come up. Many are as simple as a saw-tooth, though some aren't.
Luck, I'd actually say no, not really. It's more a question of assessing theprobablilities, like a remote poker player knows how strong the situation is. If you "have a go" on a pair of twos, you get buried.. If you have 5 aces, still don't bet the farm, cos the other guy might have too!

I see. Thanks....

I am always scared of either losing a fair bit or getting addicted to it! Lol...

To me, its like a minefield of advice out there....

 

[carmanmemoranda]

I see. Thanks....

I am always scared of either losing a fair bit or getting addicted to it! Lol...

To me, its like a minefield of advice out there....

I think thats the important bit.

Especially when the market is volatile, it needs a lot of attention, almost an addiction.

 

[Justin Passing]

Interesting, my value in gold has far exceeded any other investment I've got. Cash, shares and property included.

All depends when you bought it of course, and what. I used 3GDX, which is down 38% from its absolute peak a week ago. Leveraged (3x) funds are furiousl;y volatile, especially down. I fell asleep on it, literally, intending to follow it closely. I had a too-small stop loss on it but they're so scattery on the price you can't put the stopout close, they can easily take all the money from 5% below the current price because of a spike, which may not even be visible on the chart.
If I were you I'd look at selling some. "Take some out" as they say.
If someone shoots Trump or his common sense gene wakes up, shares will rocket and people will sell their gold to release funds. It will then be illiquid, so hard to sell as well. It has rallied a little bit. Sell half. now, maybe.

Good time to buy non-US sensble companies, and in the US, non mega-caps. NVDA is getting almost cheap though on P/E, MSFT. makes sense.
But the likes of TJmax, Accenture, Netflix, Spotify, Palantir, Crowdstrike.. Software more than hardware, so Salesforce etc.
The Mega caps are exposed to international tarifferade.

Especially when the market is volatile, it needs a lot of attention, almost an addiction.

Yep. I have a long-term strategy which works, with intervention only once a month or week, but it's hard to avert the eyes , ever.

Also fun. I often buy a little of likely exploders in the premarket. Most drop 30% or so, but once a week or two there's one which goes 300% up.
There was JNVR yesterday, which went up 4x. I had $100. Not gonna change your life, but those are fun to watch.
Look for a catlyst like a new drug, unexpected profits, takeovers etc. You need volume, acceleration, try on a few in the simulator.

 

[diy_fun_uk]

I see. Thanks....

I am always scared of either losing a fair bit or getting addicted to it! Lol...

To me, its like a minefield of advice out there....

If you have a degree of genuinely disposable income, you could allocate a portion of that to dabbling. Or you get sites that offer you the ability to 'play' with fictitious money. This would give you an idea if you have the knack and ongoing interest to give it a go with real money.

 

[noseall]

What's ur problem?

No problem. Im just highlighting how folk love to hear how much money you have made, in the same way folk love traffic wardens, parasitic landlords and rogue parking firms.

 

[carmanmemoranda]

All depends when you bought it of course, and what. I used 3GDX, which is down 38% from its absolute peak a week ago. Leveraged (3x) funds are furiousl;y volatile, especially down. I fell asleep on it, literally, intending to follow it closely. I had a too-small stop loss on it but they're so scattery on the price you can't put the stopout close, they can easily take all the money from 5% below the current price because of a spike, which may not even be visible on the chart.
If I were you I'd look at selling some. "Take some out" as they say.
If someone shoots Trump or his common sense gene wakes up, shares will rocket and people will sell their gold to release funds. It will then be illiquid, so hard to sell as well. It has rallied a little bit. Sell half. now, maybe.

Thanks, but I won't be following your advice. I own actual Gold, not shares in it. It's value has increased way better than any other investments. It is around 10% increase in value over the last 3 months alone. Simply by just owning it, not trading it. The more volatile the world gets the better gold does. Looking to buy more if there is any fall in it's price, which will in my opinion be very temporary, if at all, other than day to day highs and lows.

Good time to buy non-US sensble companies, and in the US, non mega-caps. NVDA is getting almost cheap though on P/E, MSFT. makes sense.
But the likes of TJmax, Accenture, Netflix, Spotify, Palantir, Crowdstrike.. Software more than hardware, so Salesforce etc.
The Mega caps are exposed to international tarifferade.

Not for me, I doubt they have or are likely to outperform my choice.

Yep. I have a long-term strategy which works, with intervention only once a month or week, but it's hard to avert the eyes , ever.

I don't have or want to invest that amount of time or interest, I prefer my money to work for itself.

Also fun. I often buy a little of likely exploders in the premarket. Most drop 30% or so, but once a week or two there's one which goes 300% up.
There was JNVR yesterday, which went up 4x. I had $100. Not gonna change your life, but those are fun to watch.
Look for a catlyst like a new drug, unexpected profits, takeovers etc. You need volume, acceleration, try on a few in the simulator.

Again, not for me

 

[Mottie]

Money worshipper, probably guilty

Money is nice to have, there’s no denying that, but worshipping it? Sorry, but that just seems a little sad to me. I just get the impression that people who worship money are accumulating it for no reason than to look at some figures on a piece of paper. I also find that they are usually frightened of spending it too!

 

[Justin Passing]

Watch it today, it seems too high without much reason right now. One speech from Trump, all falls.

Sorry, but that just seems a little sad to me

Oh it is but it's in the epigenes. Goves me something to do. Daytime TV is pretty bad.

 

[diy_fun_uk]

Money is nice to have, there’s no denying that, but worshipping it? Sorry, but that just seems a little sad to me. I just get the impression that people who worship money are accumulating it for no reason than to look at some figures on a piece of paper. I also find that they are usually frightened of spending it too!

There's definitely a balance to be struck. For example when I see stories like '90 year old spinster leaves £1.5 million' I think why didn't you enjoy the bulk of it in your latter decades.

Each to their own yes, however the old saying you can't take it with you is true.

 

[motorbiking]

No problem. Im just highlighting how folk love to hear how much money you have made, in the same way folk love traffic wardens, parasitic landlords and rogue parking firms.

Odd to “contribute” to a thread talking about stocks and shares and get upset that people are discussing growth and returns on…

…Stocks and shares

 

[Mottie]

There's definitely a balance to be struck. For example when I see stories like '90 year old spinster leaves £1.5 million' I think why didn't you enjoy the bulk of it in your latter decades.

Each to their own yes, however the old saying you can't take it with you is true.

When Mrs Motties dad died about 20 years ago, her mum was annoyed to find that he had over £200k stashed away that she didn’t know about. They lived a frugal life. However, she didn’t/wouldn't change her ways and continued to live frugally. House was always cold in winter, the cold weather payment went straight into her saving’s ”They (the gas/electric companies) are not getting that" she would say. She lived on the cheapest food she could buy. She has dementia now and is in a care home costing around £75k a year. Her house is being sold next week and she has got hundreds and hundreds of thousands of pounds and if she lives to the same age as her brothers and sisters, it’ll all go in care fees. There’s others in the same home that don't have a pot to pìss in and they are being funded by the local authority. Looks like her frugality has all been for nothing.

 

[noseall]

Odd to “contribute” to a thread talking about stocks and shares

There are few things folk hate more than greedy stockbrokers, but amateurs bragging about it comes close. As I said - lump them in with traffic wardens, car parking charge firms, child molesters.

Perhaps you are just ignorant.

 

[carmanmemoranda]

Watch it today, it seems too high without much reason right now. One speech from Trump, all falls.

Have you looked at gold trends over the last month, since Jan 1st, last 6 months, 5 and 10 years? Can you pinpoint ANY downward trend? I can't.
It has consistently outperformed, in order, cash, property, and shares. The more volatile the world gets the safer and therefore the higher the demand for gold gets.

And it is easy, buy it, store it (the increase in its value comfortably pays for storage costs), no need to watch it to sell it. I would even suggest that owning some for as little as 1 month would pay for itself. Absoloutely no effort involved in watching its value increase. 10% (approx) increase in value since Jan 1st is probably better than any shares you have owned in that time, minus the ones that have lost you value.