Investment & Investing

I was titting about with the practice 212 account, turned £50k into a mil by lunch and lost it all by tea.
I can't be trusted.

Been waiting to buy for a decade. Just started today.

I’d still caution things a little - I thought the arse had fallen out last week, picked a few things up and these have not performed thus far.

Of course I’ve doubled down today...

Yeahbut lets get one thing clear - you aren’t going to call the bottom.

A reasonable strategy might be to break down whatever you think is worth putting in into several chunks then investing those over a number of weeks or months. That way some of your money might find the bottom.

Bought some livenation shares... They've plummeted due to all the cancelled gigs and festivals but should bounce back nicely.

I was looking into getting either Freetrade or Trading 212 apps. If anyone has a referral link that might get them some benefits?

Is this what people mean when they talk about disaster capitalism?

Not really but kinda but not really.

Wondered when this thread would start popping up on the frontpage...

Yeahbut lets get one thing clear - you aren’t going to call the bottom.

This.

Moving your money around is daft, unless you're just finding lower fees.

On aggregate, you won't beat the market, except by chance, and you will alsways pay away the spread.

As most of our investments are a steady drip into pensions, it's almost irrelevant where the bottom / top is.

Isn’t that just normal capitalism? It’s all kind of disaster really.

Should I be buying something atm? I hear the economy is in a bit of hot water?

Given current liabilities materially exceed liquid assets there is a reasonable chance they will go bust.

Bitcoin, obvs.

Best place to put money is gold during turmoil, considered a safe haven. However theres money to be had if you can handle the risk and may not need the money in hurry.
Massive loss again across the pond...ftse will open substantially lower solidly in red.
Let's see what happens.

In essence yes..but if you can bulk buy during dips and sell at peaks your investment will perform much better then they would otherwise. Statistically people dont out perform the market it's true...but generally that because they over trade.
This is especially true of pensions were you may have to but an annuity.

It's identifying the dips and peaks that's the problem

https://www.personalfinanceclub.com/time-the-market-game/

buy during dips and sell at peaks

shows your age @TW

Dont try and call tops or bottoms...that's a losing game.
But there are indicators that indicate the markets are over priced. And also clearly time when they are in mad panic.
As the Oracle say be fearful when people are greedy and greedy when people are fearful.
That said after day 1 I'm sitting on losses. But still confident I bought at a good price

I moved out of ETF’s on the 24th Jan and into GLD - so far so happy to have dodged a bullet.

Anyone got any tips what to do with the other half I pulled out?

Depends on alot of things..risk aversion, time frame and likelihood of needing the money soon..etc
Stocksare a bargain prices by most measures.

As a whole it’s still overvalued IMHO - there’s probably another 10/15% stretch in current valuations don’t you think?

No rush to get in our out but, up for a calculated risk.

In profit ...phew

Possibly could down further...but by most common metric definitely under priced.