It worked for me being ātoldā what i need to do. I didnt need to be mollycoddled, nor do i expect others to be with their own hard earned cash. Theres plenty of links posted throughout this forum with a wealth of information. Your comparison of a medical student to an investor/trader is a poor example.
The poster has already stated he has researched and listened to this information regards to technical/fundamental analysis via āmanyā books and audio books and this information is mentioned ācountless timesā he said. But unfortunately he is not adopting such methods with his buying and sellng etcā¦ granted he did say he had forgot a lot of the information and is now going back to refresh his mind.
So to me judging by his posts, it looks as if he has all the tools available anyway. Maybe scroll back and read all of his posts.
The only āregretā I have is that I didnāt properly start much sooner. Now fast approaching 60, and trying to make up for lost time.
Over the last couple of years, visions and realisation of my own mortality, coupled with a strong desire to leave something substantial for my offspring, has made me focus very carefully on investing, with comparative success.
@BlueSonic jack
All but one share in my ISA is listed on LSE. Mercadolibre about 8% of my portfolio. All of freetrade Gia is LSE and all of Hargreaves Lansdowne is LSE. All are doing well except Hargreaves Lansdowne gia which all debt.
Blaming LSE? Maybe you need to take responsibility for your own investments. Below is my ISA which has taken a kicking of late due to being very heavily into private equity.
Hopefully you will listen!!
PS I am not sure all these tools are of any use. I stick with fundamentals.
Namely an investment trust trading at discountā¦ should it be?
3i was trading at a discount last year when I started buying it
It normally trades on premium often on a huge premiums. Over half of assets/NAV were in Action a non food discounter.
High inflation, wages not keeping up with inflationā¦what the f**k. A perfect time to own a discounter. Canāt remember exactly but I think itās profits increased 40%.
The market can be irrational for long periods of time. As per
āMarkets can remain irrational longer than you can remain solvent.ā
ā John Maynard Keynes
As long as you remember the latter you should be okay.
Remember Warren Buffet believes price is all important.
Chasing the US market up when itās overvalued will turn out to be mistake for most Investors on here. The latter is obviously my opinion
This isnāt a regret of mine, although it would have put me more ahead of the game than I am now.
Back then, I didnāt know what I didnāt know.
Thinking of the person I was back then, Iām not sure if someone had told me to invest, that I would have thought it was a good idea. I was more of a YOLO person in my youth!
Last week i would have said i regretted starting the journey, but this week itās one of the best decisions iāve ever madeā¦ and i find myself in the same situation every few months.
Wish i had started many years ago, but who is to say that the journey would have played out the same with a younger me with a different mentality.
Even in the few years that i have been investing i have seen myself change mentally. A couple of years ago iād find myself spending the whole day staring as a squiggly line and losing sleep because it has gone down a couple of percent in 5 minites.
These days i can wake up in the morning and see my entire pofolio has tanked 25% overnight and iāll just carry on my day.
Iāve only invested money that I could afford to lose ā¦Iām HODL atm as Iām down quite a bit! I wish I started a long time before I did but I didnāt have the money to.
Hindsight is a marvelous thing and I wished I cashed out a lot of my shares after covid but pre war in the Ukraine and all of my crypto but here we are.
Wish Iād started a lot sooner like some others have mentioned.
Regret being sucked into the AIM penny stock hype train of golden tickets, rockets and choo choo nonsense. Lost good money on these.
I only invest in trusts / ETFs now as Iāve confirmed to myself I donāt know what Iām doing! On the positive side Iām drumming this message into my son who is just starting his investment journey and watching all sorts of rubbish from āexpertsā online for get rich quick stocks.
My basic rule is to generally invest in larger caps, as said AIM can be a very risky place full of hype and disappointment.
Timespans are definitely a factor. It would make most sense (for me) to pay into a SIPP and receive tax back, yet overpaying a mortgage is therapeutic to remove debt. Savings pay me more atm though yet less potential and more risk in stocks. Also factoring in having money around for a rainy day.
I have Ā£100 in NS&I. Probably better off in my savings ISA, but then I wouldnāt be able to enjoy that idea of a knock on the door with a cheque for a mil.
Makes more sense if you have Ā£50k spareā¦its people with a full complement that mostly win. Otherwise its just a 0% interest account with a free lottery ticket, but i like to try my luck
weenie.