Originally posted by DealorNoDeal
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stock market crash
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Originally posted by Old Greg View PostFTFYScoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by DealorNoDeal View PostIf only I'd made a pretend purchase 7 years ago.Comment
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I'm sure he's fine and dandy, he's $200K up worst case scenario (if you consider the $250K write-off from the option) thanks to his tulipcoin winnings of nearly half a mil.Comment
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Originally posted by TheGreenBastard View PostI'm sure he's fine and dandy, he's $200K up worst case scenario (if you consider the $250K write-off from the option) thanks to his tulipcoin winnings of nearly half a mil.I am what I drink, and I'm a bitter manComment
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Interesting isn't it, that as soon as we focus on Scooty's FTSE put he goes AWOL. The rest of us are open about the investments we have, but not little Scooty even though he's the 'expert' on here.
BTW, FTSE is still loitering around the 5900 mark.I am what I drink, and I'm a bitter manComment
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Originally posted by Whorty View PostBTW, FTSE is still loitering around the 5900 mark.Comment
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Originally posted by Whorty View PostInteresting isn't it, that as soon as we focus on Scooty's FTSE put he goes AWOL. The rest of us are open about the investments we have, but not little Scooty even though he's the 'expert' on here.
BTW, FTSE is still loitering around the 5900 mark.Comment
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Originally posted by TheGreenBastard View PostWhat I find interesting is the psychology of his posting on a contractor forum about this stuff. His near half a mil winnings weren't mentioned until long after the fact, almost as if being up half a mil means nothing (or...), surely with financial prowess like that you'd find more stimulating discussion to be had in more refined quarters (versus with a bunch of tax dodging contractors).
We've all made our cash via contracting and (with a few exceptions) most of us are amateurs when it comes to investing. We're probably not the right audience for his analytics as I'm guessing most of us are risk averse having worked hard for our money and so less likely to risk it by gambling big*.
* there will be exceptions but I'm not really seeing it on here.I am what I drink, and I'm a bitter manComment
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Originally posted by Whorty View PostI can't work out if he's trying to impress us with his 'wealth' or be one of us (as he thinks we're all loaded).
We've all made our cash via contracting and (with a few exceptions) most of us are amateurs when it comes to investing. We're probably not the right audience for his analytics as I'm guessing most of us are risk averse having worked hard for our money and so less likely to risk it by gambling big*.
* there will be exceptions but I'm not really seeing it on here.
Take this scenario,
Permie job, not well paid, not much deposable income to invest, but I’ve been left £50k in a will. My appetite for risk is low.
Contractor, well paid, lots of deposable income, my risk appetite is higher because I can drip money in, over long periods.
I only invest in IT’s as they are cheap, they spread the risk, and have access to investments not available to private individuals.
They aren’t promoted by investment platforms and financial advisors as they make less commission. They almost always out perform funds and they are less risky because you don’t have issues with liquidity(Woodford).Comment
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