General Forum

General Forum

  1. Subscriberhuckleberryhound
    Devout Agnostic.
    DZ-015
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    20 Jun '20 23:35
    So, i've started investing in the Stock market (Since April). Any other traders in the forum?
  2. Bolton
    Joined
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    20 Jun '20 23:55
    What's your take on Bitcoin, is it a Pyramid scheme ?
  3. Subscriberhuckleberryhound
    Devout Agnostic.
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    20 Jun '20 23:58
    @hells-caretaker said
    What's your take on Bitcoin, is it a Pyramid scheme ?
    I don't do crypto currencies, but my local football team is actually sponsored by bitcoin SV.

    Long term dividend stocks are my preferred investment. I'm small time, but i will be regularly adding.
  4. Joined
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    21 Jun '20 02:06
    At your age, use only discretionary money in the stock market.
  5. Joined
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    21 Jun '20 07:421 edit
    @huckleberryhound said
    So, i've started investing in the Stock market (Since April). Any other traders in the forum?
    Just sold all of mine a few weeks ago when it hit an all time high in a nice period between Trump making stupid disinfectant statements and focusing on sucky economic promises.

    I wouldn’t invest £1,000 in the stock market at the moment any more than I’d stick it in a slot machine.
  6. Subscriberhuckleberryhound
    Devout Agnostic.
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    21 Jun '20 09:49
    @great-big-stees said
    At your age, use only discretionary money in the stock market.
    Sound advice. Do you dabble yourself? I'm guessing Canadian banks, right?
  7. Subscriberhuckleberryhound
    Devout Agnostic.
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    21 Jun '20 09:52
    @divegeester said
    Just sold all of mine a few weeks ago when it hit an all time high in a nice period between Trump making stupid disinfectant statements and focusing on sucky economic promises.

    I wouldn’t invest £1,000 in the stock market at the moment any more than I’d stick it in a slot machine.
    That was probably a wise decision for you. So you dabbled in trading then?
  8. Joined
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    21 Jun '20 10:48
    @huckleberryhound said
    That was probably a wise decision for you. So you dabbled in trading then?
    Actually no, I just had a bunch of med-tec stock and options which I was sitting on. So to be fair I’m a low risk investor and not the best person to advise you.
  9. Subscriberhuckleberryhound
    Devout Agnostic.
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    21 Jun '20 10:52
    @divegeester said
    Actually no, I just had a bunch of med-tec stock and options which I was sitting on. So to be fair I’m a low risk investor and not the best person to advise you.
    Long term dividend stock myself, i'd consider biotech risky, as the flip flop on FDA approvals.
  10. Standard memberwolfgang59
    surviving
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    21 Jun '20 11:05
    I started investing when I realised my predictions were as good as the experts.
    I stopped investing when I realised my predictions were as bad as the experts!

    If you are young then a diverse portfolio will see you well,
    but if you are older than it's a risk.

    In my opinion stock market investment is for the long term
    (20+ years) Property is probably a much better option.

    A HUGE deciding factor is how you are taxed on returns
    (dividends/rent) and on capital growth.
  11. Subscriberhuckleberryhound
    Devout Agnostic.
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    21 Jun '20 11:13
    @wolfgang59 said
    I started investing when I realised my predictions were as good as the experts.
    I stopped investing when I realised my predictions were as bad as the experts!

    If you are young then a diverse portfolio will see you well,
    but if you are older than it's a risk.

    In my opinion stock market investment is for the long term
    (20+ years) Property is probably a much better ...[text shortened]...

    A HUGE deciding factor is how you are taxed on returns
    (dividends/rent) and on capital growth.
    If you're going to speculate, then you can expect no more return than a sports bet. I spent a week listening to people like Buffet and Munger speak before i made any move. I don't see this as a get rich quick scheme, that's how you end up betting. Long term investment with a look to creating a passive income in my old age.
  12. Joined
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    21 Jun '20 11:50
    @huckleberryhound said
    So, i've started investing in the Stock market (Since April). Any other traders in the forum?
    Buy low...sell high.

    Wait to spend profits, until you're ready to die.
  13. SubscriberVery Rusty
    Treat Everyone Equal
    Halifax, Nova Scotia
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    21 Jun '20 11:55
    @divegeester said
    Just sold all of mine a few weeks ago when it hit an all time high in a nice period between Trump making stupid disinfectant statements and focusing on sucky economic promises.

    I wouldn’t invest £1,000 in the stock market at the moment any more than I’d stick it in a slot machine.
    Trump could possibly be the worst POTUS of all time. The U.S. have a lost a lot of allies and respect the past 4 years. Lets hope they don't make the same mistake in November, or that certain places known not to be Trumps supporters are not somehow unable to vote. I believe they have a very corrupt government right now. Did anyone see or hear any parts of his speech last night? Another all about me speech if you didn't see it, didn't miss much.

    -VR
  14. Subscriberhuckleberryhound
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    21 Jun '20 12:06
    @wolfe63 said
    Buy low...sell high.

    Wait to spend profits, until you're ready to die.
    Be fearful when others are greedy, be greedy when others are fearful.
  15. SubscriberVery Rusty
    Treat Everyone Equal
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    21 Jun '20 12:131 edit
    @huckleberryhound said
    Be fearful when others are greedy, be greedy when others are fearful.
    The stock market is a very tricky place anytime, but now more than ever. I wouldn't play with anymore than I can afford to lose.

    -VR
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