Thank you! think Im going to try stick with ETFs, Decided to stick a bit into Metro Bank the day before the price completely fell
I am planning to make investment. I just read this free credit cards guide. It is the best and trustable guide for money management.
Freetrade!
Welcome! Youāre in the right place, Freetrade is a trustworthy & accessible platform.
Recommend you have a read through some of these beginner blogs, if you havenāt already, to quickly get up to speed on key concepts before you make your 1st investment.
Chris made a million before turning 40. Heās also a blogger and has been following a disciplined research driven approach. CNBC has features his articles many times. Honest look at Wall St/The City, itās about the mindset: https://chrisreining.com/category/invest-to-build-wealth/
Also, a life coach billionaire wrote this book for the masses after 2008 because Wall St doesnāt care much about the small or big investors - understand the game and psychology. Heās also interviewed people who rarely give interviews. Knowledge is power and execution is everything. Itās a fun read: best investment - only Ā£7.19 .
Discipline
Ex-NBA player Matt Bonner taught his daughter about investing. His school teacher taught him about discipline:
ā¦āIf she gets money for her birthday, she wants me to put it in her account to buy more stocks,ā Bonner said. āI think future value of money is such an important concept that people donāt understand. If you invest your money, what itās worth 20 years from now is way more than what it is now.ā
Bonner credits his investing acumen to his sixth-grade teacher, who gave students $10,000 in fake money to invest in the stock market. His class in Concord, New Hampshire, tracked their investments over the course of a year. Whoever made the most money received a trophy. She instilled discipline by prohibiting students from trading more than once a month, he said.
ā¦
That was another stock tip he took away from his sixth-grade teacher, he said. āShe said, āThereās always money in garbage.ā And she was right,ā he said.
ā¦
ā¦ Bonner didnāt do any research when he and his 8-year-old daughter sat down to pick some stocks.
āI wanted her to invest in something sheās interested in,ā Bonner said during halftime of the Spursā contest against the Washington Wizards on Saturday.
He explained to E.V.: āWhen you buy shares of a company, you become a tiny owner of that company, and when the company makes money, then, in theory, you make money as well based on many shares of that company you own.ā
I have a few stocks in profit (talking about not much money really) with some of them up by 27%, should I sell these stocks and make a profit? perhaps wait till the price drops to buy the stock again? Would it be a feasible strategy?
I would say it all depends what your strategy is; if your in it for the long haul or not?
If your investing for the future buy more in the dip if your happy with the stock choice. Also nothing wrong with selling at a profit if thatās your strategy to.
Always dyor though itās ultimately up to you
Why people invest in REIT? I ask because they have a considerable cost over time and I cannot see much capital appreciation. Do they pay dividend?
I ask because I did not like index or EFTs when I started investing in July, whereas now 50% of my portfolio is on passive index.
Reit are by law required to pay out 90% of their after tax profits, so youāll have a fairly high and reliable ādividendā.
These things are really easy to Google thoughā¦
Thanks, you are right.
If I can ask, do you think a fraction of a diversified portfolio should include REIT? I saw that the yield are particularly good, but they are also eaten by annual fees. So not sure they are a valuable assets.
Looking at the Key Investor Information for Ā£VUKE, it looks like thereās a 0.09 % ongoing charge. If I buy a share in the Freetrade app, how is this ongoing charge actually paid? Is that something I have to worry about?
No itās pulled from the value of the fund. You wonāt notice it.
Hi there,
I did check in the search but didnāt find anythjng. Does free trade offer the option of certificate or proof of purchase or sell in pdf format? I know before purchasing a house, many year ago, I put down a deposit and sold off some shares and funds in Hargreaves. This was then used as evidence to show where the funds came from.
Hi, you have a statement that shows in your activity feed every month that gives you the holdings and total portfolio value.
Can I extract this as a pdf instead of screenshoting?
It arrives as a PDF.
I was just having a look at the Costs and Charges for Ā£IUSA and noticed that the transaction costs are actually negative? How does that work? I would expect the cost to actually take something away.
Hereās the link: https://public.freetrade.io/costs_and_charges/IE0031442068.html
Itās almost definitely an error. I tried looking before today and couldnāt find anything anywhere else representing a negative charge.