My journey investing after 3 months with Freetrade [Subscribe to the channel]

#1

Hey, just wanted to share my freetrade progress over the last 3 months. All comments, feedback welcome! :slight_smile:

Ep.1

MINI CONTENTS

Episode 2 - Dollar Cost Averaging Demo

Episode 3 - Dividend Payers, US Stocks

Episode 4 - 10% ROI & 7 Dividend Payments

Episode 5 - 50% loss in profits

Episode 6 - First 2 US stocks and 1 new UK stock added

Episode 7 - 40% return in profits, Sold Stock, Dividend not paid :sleepy:

Episode 8 - 25% from 1 stock, 2 NEW ETF’s

Episode 9 - Dividends, Withholding Tax, Inflation

Episode 9.5 - Trump, Tariffs, China, Stocks Falling

Episode 10 - Movers, Fallers, Crypto, & Dividends

Youtube Channel - Infant Investors

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Simply Wall St. Tool for Selecting & Managing Stocks
A few months in: reflections on the app
My Freetrade Journey - Dollar Cost Averaging - Ep. 2
(Jack Bailey) #3

Really interesting video - I like your thinking regarding Lloyds and the housing investments! Have you looked at any of the US Stocks?

1 Like
#4

Hey thanks for the feedback… much appreciated… I have actually. I’ve chosen 6 of the US stocks that meet the same criteria, as these… but I haven’t invested yet because it would mean putting much less into the UK stocks, it would also cost more in FX conversions which after 12 or so contributions a year would add up and also some aren’t allowed in the ISA. But when freetrade allow multiple accounts I will re-review and use the non-ISA to invest in them.

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(Vladislav Kozub) #5

Just to clarify, the majority (if not all) of Freetrade’s US stocks are eligible for ISA. The only requirement is for them to be represented in GBP rather than USD :slight_smile:

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#6

Yeah speaking to customer support they said some aren’t allowed. I need to check whether the ones I want are.

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#7

Great market timing so far!

Just a note on Man Group - as you’re not directly investing in an actual fund but a company that runs a range of funds, the share price of EMG can be driven by lots of factors other than investment performance of their funds.

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#8

Haha yeah the timing has been fortunate… Thanks for the heads up regarding Man Group - makes more sense. I think that’s the highest candidate to swap out for another but I’ll give it 6 months to see a true trend.

#9

Nice video, can you share what US Stocks you’ve been looking at?

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(Marco) #10

Have a look your Centamin this morning…(myself also :confounded:)

#11

Hey thanks for the feedback… yes the US Stocks were: Allergan, AT&T, CVS, GE, Schlumberger and Verizon.

I’ve monitored the price I would’ve bought them at back when they launched on freetrade and the value now and only Verizon is up (23%) The others have fallen so I still think in the long term they’re a good buy.

But I will have to relook at then in detail before purchasing

Hope that helps :blush:

#12

Not pretty haha, but I wouldn’t worry just yet.

(Marco) #13

Maybe it’s time to buy more??? :thinking:

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#14

Totally agree… drops are where dollar cost averaging works… it just doesn’t when it rises.

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(HP) #17

Sterling is weak because of Brexit, once there is a Brexit Deal, Sterling will rise fast. This will burn anyone buying US stocks right now. Don’t buy US stocks till sterling rises, unless it is something truly speculative.

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(Vladislav Kozub) #18

There are virtually no signs of a Deal as yet and there is not guarantee sterling will not plunge even further in case of a chaotic Brexit.

I take your point that dollar can be perceived overvalued compared to the pound, but it is a speculation either way :wink:

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(HP) #19

If there is no deal, we are going to 1.15. If I was a betting man (which I am since I do stocks), I would bet on some kind of a deal or delay in brexit before march 2019. That will push sterling up either way. US dollar won’t get stronger since the fed has stopped hiking, the BOE may hike once in 2019 making sterling stronger. I see sterling at 1.45 by the end of the year at least. It’s not a place to be buying US dollar stocks, unless it’s something speculative like Square. Though long term, it makes no difference, since holding a good stock for 10 years plus mitigates FX risk.

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(Emma) #20

Just put ‘in my opinion’ on your posts as it looks like a 100% certainty the way you’re saying it

(HP) #21

I can’t predict the future, it’s implied what I am saying is my opinion. I am just giving a list of most probable outcomes that will affect GBP/USD

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#22

Hey, I posted 3 months into my free trade journey a few days ago - here’s the next video using the dollar cost averaging approach and my other thoughts towards investing.

Hope you enjoy :blush:

Previous Post
Episode 1 - My Freetrade Journey after 3 months

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(Ben Sheppard) #23

Really enjoyed your last video, thank you for posting an update!

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