My US shares are up and UK down ā¦overall slightly up
Iām down, but thatās because my boy invested in Tilray on my behalf! Theyāre 60% down. Others I have are up, including Tesla, Cineworld, Norwegian Cruise Line.
Im also a new investor whoās only trading with small amounts atm (donāt want to blow big amounts of cash whilst Iām learning haha!) im currently 8.84% up and green (that can very quickly change, but hoping it doesnāt) GL to you allā:+1:
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I wasnāt having much luck holding lots of stocks so I changed strategy and decided to sell a lot of them and overweight myself on certain stocks that I think are undervalued. Currently in deep on Rambler Metals and Mining. The stock is up 26% on my buy in average, portfolio up 10%. ARB is dragging me down a bit. I figured why invest more in my 10th best stock when I can add more to a stock I feel will have a better outcome. I literally had stocks in my portfolio that were alternating between being up 5% and down 5%.
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@Xenor, i think weāve all been carried away when we first started out and bought up too many holdings to realistically keep an eye on properly. Once i realised i, like many others trimmed the list down. Now Iāve set up a demo account to keep watch on anymore stocks/shares that i might add in the future.
Iām surprised how much the currency exchange rate USD/GB makes a difference to your portfolio +/-
Thereās been an almost 3% swing and then 1% back again in the exchange rate in the last month.
Iāve mentioned it before but a ( cough ) competitor shows the full impact of currency fluctuations eg.
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Still waiting for an account with the competitor!
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So being a newbi is it best to buy US stock when the dollar is high! Then sell when it lowers
No. You buy when pound is strong, since you get more dollar per pound. So vice versa of what you wrote.
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For individual stocks, yes. You can also get hedged S&P 500 ETFs, but Iāve not looked into them enough to actually start using one yet.
I also saw another one that was around Ā£7 per share, but I canāt remember the ticker code now.
Tbh you wouldnāt go far wrong putting a whole isa allowance in one of these. It would certainly make more than in a cash isa for a year!
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Overall, up 20% on this platform. Big up on my major investments at H/L despite the feb/ March dip. And currently down on EToro following the massive crypto drop at the weekend. Recovering but still down on EToro.
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Currency fluctuation impacts are only really calculable if youāre holding currencies? Otherwise the price of a stock is not necessarily tied to the currency, it depends where they do business and other factors.
The big argument is whether to go USA or World really.
I think USA is currently the better option, but you canāt really go wrong with either.