Need help and advice

First Time Investing 🐣
1

I have been a member now for about a year but cannot seem to get the hang of investing!:face_with_hand_over_mouth::face_with_hand_over_mouth::face_with_hand_over_mouth:. Any advice would be such a help.:hugs::hugs::hugs:

2

Listen to peoples advice doesnt mean you have to follow it. Chances are they are as clueless as you

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3

Just buy VWRP or VUAG and ignore the rest of the noise.

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4

Good to place to start with those EFTs.

Then if you are interested, start reading up.

Or just buy the above ETFs and leave it there - as likely to do as well as anyone :+1:

If you have specific questions, the forum will try to help Im sure.

5

Lmao!! Thanks a mill, it’s making me smile anyways!!:face_with_hand_over_mouth::face_with_hand_over_mouth::face_with_hand_over_mouth:

6

Omg , thank you so very much.:hugs::hugs::hugs:

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7

Can you elaborate a bit further? What are you struggling to grasp etc…?

8

I have been investing in companys that I see seem to be doing well.i check and see if they’re stocks are going up, but as soon as I invest, they seem to just go down hill. I have lost money on every one I’ve invested in. But they were making money for a while so I guess I may be didn’t sell when I should have?
Just need some advice on how to do this better.

9

My advice is to stop trying to beat the market. Just own the market, you will do much better. Countless pieces of research confirm this, if you want to know more as to why, Ben Felix on YouTube has many videos. Buy something similar to VWRP.

10

Ben Felix, I LL check him out. Thank you. I just invested there in intuitive surgical. It looks like a good one. Fingers crossed.

11

Which companies have you invested in and what is your average share price for each one?

12

“Hi, i keep doing badly in the market, what is your advise guys?”
“Stop doing x. Do y instead”
“Ok, great I’ll do y. I’ve just done x again, wish me luck.”
Every damn time.
Sorry if this sounds mean, but this is a sad cycle. I did it myself. Somehow the research and knowledge just bounces off and people think it doesn’t apply to them. I am not kidding when I say this has cost me at least an extra decade of work.

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13

I think most investors go through a phase of thinking like they’re the second coming of Warren Buffett or something. But some learn quicker than others that they ain’t. The best way is to try to learn from others’ mistakes before you make the same ones.

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14

@Te123, it’s great to have you as a member!

If you would like to learn the basics of mastering the art of investing we have put together a few comprehensive guides to get you going.

Visit Learn about investing with Freetrade’s guides and let us know if you found these useful.

3 Likes
15

Time is money, that’s all I can say, as long as you select the right company to invest :smiley:

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16

Te123 Welcome.
Thisis sound advice, Don’t invest any money if you can’t afford to lose.
There is no sure fire way to tell if Investment 1 will do any better than investment 2 but if you do some research on the stock first, I for instance use Yahoo Finance and there are others like Tip Ranks all available to download. You can get good information from also, a company’s website is a good sauce for direct information about the business and finally go with your own gut instinct, hope this helps good luck

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17

Thanks so much. Will defo try to check out the websites first too. I invested last week and the company was making slow and steady progress. I invested and now it’s at a loss. :thinking::thinking::thinking:. Keep thinking I’m looking at it wrong. But I’m gonna check out it’s website and see.
Thanks again to everyone.:hugs::hugs: