General
20 Jun 20
- Joined
- 06 Nov 15
- Moves
- 41301
27 Jun 20
@very-rusty saidIt seemed to be doing fine just a page ago.
I believe this thead would have done much better in the debates thread. Then people could debate best things to put their money into and when of course timing is always important.
-VR
27 Jun 20
@very-rusty saidAre you kidding me? That dumpster fire of a forum is about fighting over stuff... Mainly how bad trump is. This thread is a chat, nothing to debate.
I believe this thead would have done much better in the debates thread. Then people could debate best things to put their money into and when of course timing is always important.
-VR
- Joined
- 09 Sep 18
- Moves
- 20590
27 Jun 20
@huckleberryhound saidmy partner at work had been into pennie shares for years and his brother in law was a shrewed investor he gave us a few tips my partner was drip feeding monies monthly but i decided to invest in th same companies but using all the cash i had inherited from my aunt, as i say a grand down i bottled it,but phil continued and he made quite a profit at least 10k, he cashed in his chips about 7 years back,I switched my savings to Isas taking out a new one every year and when their interest rate bombed we maxed out santander paying 3% on 20k twice we also maxed out the premium bonds 50k twice (twice meaning my wife and I)
Would be interesting to know your strategy?
What did you invest in? I'm guessing you couldn't have moved your money around very much back then, the brokerage fees would've been quite high. And, what made you decide which shares to chose?
27 Jun 20
@huckleberryhound saidNot at all huck, lots could be debated about starting with what to put your money in and when? Would you suggest anyone to put their money in anything the way the economy is world wide right now?
Are you kidding me? That dumpster fire of a forum is about fighting over stuff... Mainly how bad trump is. This thread is a chat, nothing to debate.
-VR
- Joined
- 14 Mar 04
- Moves
- 176963
27 Jun 20
@very-rusty saidPenne stocks. Everyone likes pasta.🤔😉
Not at all huck, lots could be debated about starting with what to put your money in and when? Would you suggest anyone to put their money in anything the way the economy is world wide right now?
-VR
27 Jun 20
@great-big-stees saidgbs, I don't invest so don't know what would be good to invest in, but don't think anything at this time the way the world economy is would be good to get into right now. I think it would be more a decision if you keep what you have your money invested in or take your loses and get out now?
Penne stocks. Everyone likes pasta.🤔😉
-VR
27 Jun 20
@badradger saidSure, penny stocks are a dangerous thing. They can go up, or they can disappear altogether. I would throw a couple of bucks at one, but I couldn't invest large at my level of knowledge. Sometimes if the forums are pumping a stock, I'll buy 1 just for fun and tracking purposes.
my partner at work had been into pennie shares for years and his brother in law was a shrewed investor he gave us a few tips my partner was drip feeding monies monthly but i decided to invest in th same companies but using all the cash i had inherited from my aunt, as i say a grand down i bottled it,but phil continued and he made quite a profit at least 10k, he cashed in hi ...[text shortened]... r paying 3% on 20k twice we also maxed out the premium bonds 50k twice (twice meaning my wife and I)
I have a list of shares I'm watching (proper dividend paying shares). If there is another crash, I intend on buying them as soon as there's signs it's over.
- Joined
- 09 Sep 18
- Moves
- 20590
28 Jun 20
@huckleberryhound saidover here the daily mail has a mag called this is money they let you run a virtual portfolio, lets you check your results against the pros, I did it for a few years, not a natural investment guru, best stick to the safe options. although I do have £1000 invested in a potash mine in north yorkshire ( went halves with my sister) I also bought a rental house 10 years back with my daughter, its now in negetive equity so not worth selling and its rent only covers the mortgage(another cock up)
Sure, penny stocks are a dangerous thing. They can go up, or they can disappear altogether. I would throw a couple of bucks at one, but I couldn't invest large at my level of knowledge. Sometimes if the forums are pumping a stock, I'll buy 1 just for fun and tracking purposes.
I have a list of shares I'm watching (proper dividend paying shares). If there is another crash, I intend on buying them as soon as there's signs it's over.
28 Jun 20
@huckleberryhound saidYou could make a much bigger return on penny stocks than other *if* you hit the
Sure, penny stocks are a dangerous thing. They can go up, or they can disappear altogether. I would throw a couple of bucks at one, but I couldn't invest large at my level of knowledge. Sometimes if the forums are pumping a stock, I'll buy 1 just for fun and tracking purposes.
I have a list of shares I'm watching (proper dividend paying shares). If there is another crash, I intend on buying them as soon as there's signs it's over.
right one, because your investment buys you a bigger share of the company than
buying share in a company that has issued millions of shares. Make sense?
Anyway, the only way I would take a serious run at penny stocks is if I have
insider information of a company about to land a big contract or gets a new
CEO who is a genius in the making.
And I know I am quite naive about these stocks so I have to play it that safe.
28 Jun 20
@earl-of-trumps saidIt's the difference between speculation and investment.
You could make a much bigger return on penny stocks than other *if* you hit the
right one, because your investment buys you a bigger share of the company than
buying share in a company that has issued millions of shares. Make sense?
Anyway, the only way I would take a serious run at penny stocks is if I have
insider information of a company about to land a big ...[text shortened]... ius in the making.
And I know I am quite naive about these stocks so I have to play it that safe.
Buying XOM is investment
Buying NKLA is speculation
Buying GNUS is Re... Really dumb.
01 Jul 20
@ponderable saidPrecisely.
The point is that it is evidently true. The Problem is that one can't know beforeghand if it is "low" or "high"...
You only know when the market is low after the event.
Buy "lowish" and it could go lower.
I had a friend (first class honours in Math/CS) whose company wrote
software for investment houses. They used Chaos Theory to allocate
probabilities to share movements. It was highly refined but at the end
of the day he admitted it wasn't much better than "whatever it did
today it will do tomorrow" which I'd also heard from weather forecasters!
01 Jul 20
@earl-of-trumps saidAnd hopefully you go to prison for a long time.
Anyway, the only way I would take a serious run at penny stocks is if I have
insider information of a company about to land a big contract
01 Jul 20
1 edit
@wolfgang59 saidUnlike Piers Morgan🚬[edit] Shavixmir may have a take on this?
And hopefully you go to prison for a long time.