With the launch round the corner, I’ve been thinking, like I’m sure most of you have, about where I’d like to invest some of my capital, and thought it might be fun to have a guess at what the first stock order will be through Freetrade.
Hi Toby. As a novice investor it is simply that I have Unilever products in my bathroom and kitchen, recently went to Portugal and purchased more Unilever products all unintentionally Unilever. I’m hoping as thier prices gradually creep up I will get some of my money back through dividends or the stock price heading north
I’m a big fan of this approach to personal finance (as opposed to just investing). Although it’s not publicly traded the Co-op offers 5% cash back on own-brand products for members (free to join). Good way to win customer loyalty. I see Sainsbury’s is in the initial stock universe so you might apply the same logic there if it’s your local.
I am a fan of this approach too. But I guess the counter argument is that the behaviour of the stock market is severals levels abstracted from “AAPL is a strong company…” or “I use AAPL’s products… so its stock will go up, so I should buy its stock”. Otherwise Apple’s +28% would surely have out-performed eg BlackBerry’s +84% in the 12 months to March 2018.
That suggests that I need to either become an expert at securities analysis and behavioural etc and quant etc, which seems like it would be very hard. Or to ride the market with an index tracker, which seems quite easy. But of course it is hard to just leave it at that and I do buy stocks alongside the Vanguard
I think the TCEHY ADR has a minimum buy maybe? - remember there being something unusual about it. TSLA remains a very risky buy imho. AAPL is the opposite - as the dividend grows it looks increasingly like a safe bond.
Actually Tesla’s a good example: if I had one I’m confident that I’d think it wonderful. That alone might not be a good reason to buy the stock - TSLA has production difficulties and looks precarious, one market correction away from being unable to finance its cash needs.
Timely, front page of the FT this morning (apologies if you hit the paywall)
Elon Musk left Tesla investors more uneasy about the electric car maker’s path towards financial sustainability during a fractious call with Wall Street analysts on Wednesday, prompting a 5 per cent sell-off in shares in after-market trading.
Worth remembering how far TSLA went in the Freetrade buy and hold for 5 years game though