FT doesnāt restrict me at all.
Easy to use, plenty of investment options. Looking to get my ISA sorted on FT soon as an addition to my GIA.
Keep growing FT team, Iām feeling positive for the platform
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I am only going by what the video said by 9 Network:
Im sorry but no professional investor would use freetrade
Sounds like youād be fine with MSCI Australia, if your aim is to hedge against a potential crash you shouldnāt be stock picking.
It probably would in the same way Britexit had an impact on the S&P500 for a long period of time.
I have had a very successful year on Freetrade.
People grow in experience and I am finding Freetrade a bit restrictive now. It is a good platform.
Listening those on TV has given me a very successful 2023. So if it works yeah. I do my research as well of course.
I just meant as an investor I am more confident and have grown in experience.
WHAT?
A bit unlikely!
Cancelled
There I have changed one word.
No doubt I will be cancelled again and itās obvious whose doing it.
Finance is global. US stocks did suffer for a few months after Britexit.
The US dollar is the global standard.
āLong period of timeā replaced by āfor a few monthsā
Nor have you provided a reason āfinance is globalā and "The US dollar is the global standard " is not a reason.
Supply a reason so your views can be validated.
You are sounding more and more like an amateur not a professional investor.
Ā£SAUS is on Freetrade if you want Oz exposure.
Stocks markets go up and down, crashes are welcomed by proper investors, top up regularly and keep investing for the long term.
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Just for the record. I regret writing this. Freetrade is a great platform
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Donāt look for silver bullets, even if the silver was mined in Australia. If you invest, you are going to take loses, be underwater. The day you spend more time feeling like an idiot than a genius investor whose abilities are unfairly constrained by XYZ, youāll be on the way,. If you invest you need to cope with that frustration.
I donāt day trade, I invest a few hundred each month in (what I hope are) solid stocks and will hold for decades, through the next crash and beyond. FT does everything I need out of it. I think its a good platform and I find if I ever have questions the online response is always fast and polite. If you want to day trade its probably not for you. I donāt really see the point in moaning just move along with no bad feelings.
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What I meant by āprofessionalā was someone who understood the markets rather than being new to them.
The below is to answer everyone:
You invest what you can afford; not everyone has a few Ā£100s. Ā£50 a month is still Ā£600 a year.
Donāt invest unless you have other savings/an emergency fund.
Research the business thoroughly, especially the debt and the potential growth.
Donāt do what everyone else is doing as a general rule unless you are early enough and itās a good opportunity.
The big index funds should always be the sufficient majority of your portfolio as they will always recover, given enough time, which can be a few years; the S&P 500, Dow Jones, NASDAQ, London Stock Exchange and so on.
I havenāt done this myself, but individual shares should be no more than 10% of your portfolio.
Even with long-term hold stocks, always keep up to date as things tend to change, and they could suddenly not be a hold anymore.
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Counter-thought from me. If individual stocks are less than 10% of your portfolio, it wonāt make a material difference to your return, what is the point in investing the time?
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Your revised text looks good! Hereās a slight improvement for clarity:
I donāt really understand what you mean. Over the last year, the following has gone up. This is just an example of three main players:
- The London Stock Exchange is currently up by 22.72%.
- S&P 500: 14.40%.
- Dow Jones: 14.82%.
Index funds will always increase over time. The minimum wait is 5-10 years, and 20 years is the sweet spot. Why 20 years? This is probably due to the human lifespan. During the financial crisis, those who invested in the S&P 500 for 20 years still benefited; they would have benefited more if they had waited until after the crisis.
To answer another personās question, you canāt day trade on Freetrade, or rather, youād be crazy if you did. I am not criticizing Freetrade. The reality is you would need a very powerful computer, probably a desktop, and software that costs around $25,000 to get started, and itās probably not worth it because day trading is too risky. It is effectively gambling.
What I mean is that if 90% of your portfolio is in index trackers then that will be thr driving force of your results. The 10% spread across individual stocks are unlikely to move the dial much unless you are going more niche - personally, if I was only investing 10% in individual stocks Iād probably save myself time and put 100% in a tracker. What are you trying to achieve with the 10%?
As an aside, by London Stock Exchange, I think you are referring to the company (London Stock Exchange Group) rather than the performance of the stocks on the exchange (such as FTSE 100, FTSE 250, etc.).
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Well my portfolio made over 60% profit in the last year, and I can sleep easy at night, knowing that if there was a crash tomorrow I will recover if I wait long enough. This is the most important thing; preparing for a down turn.
There are plenty of stocks that go on a high and suddenly collapse when the company doesnāt meet profit targets. I can think of one right now that was buzzing until it wasnāt.
You got to remember trading is a slow game at least 10 - 20 years, and more if your young enough.
60% is insane. Would you mind sharing where the gains were? It canāt have been 90% in ETFs thatās for sure! Iām guessing a big chunk of Nvidia, BTC, a sprinkling of FAANG, but what else? EDIT: Iām 100% vanguard funds these days (pension and ISA) Just genuinely interested!
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