Originally posted by NotAllThere
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stock market crash
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Originally posted by NotAllThere View Post
Don't be an idiot. It was way too high.Comment
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Originally posted by Andy2 View PostMy head is spinning with this yo-yo market. It goes down for few days then come roaring back up. What the hell is going on.I am what I drink, and I'm a bitter manComment
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Something I've concluded over the years...
Investment returns are inversely related to the amount of attention you give them. I did best when I set up a standing order for a few quid a month, into a pension, and forgot about it for years. Whenever you start actively "managing" your investments, checking them every week (or even worse, every day!), things often start to go awry.
It's almost as if investments follow the same laws as quantum mechanics. The mere act of observing them affects the performance, and almost invariably in a negative way.
https://www.sciencedaily.com/release...0227055013.htm
'the greater the amount of "watching," the greater the observer's influence on what actually takes place.'Last edited by DealorNoDeal; 15 May 2021, 06:25.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Buy and hold is the best. Trading just incurs lots of costs and capital gains tax. I reinvest dividends and add accumulated cash when the market crashes.I'm alright JackComment
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Originally posted by DealorNoDeal View PostIt's almost as if investments follow the same laws as quantum mechanics. The mere act of observing them affects the performance, and almost invariably in a negative way.
I do what BBS. My holdings are roughly what they were at the start of the year. A drop of 5% from the high about a month ago.Down with racism. Long live miscegenation!Comment
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Small punt on CINE, overlooking their debt position, assuming full unlocking continues on schedule. £10k. Definitely a toe poke, could end horriblyComment
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Originally posted by BlasterBates View PostBuy and hold is the best. Trading just incurs lots of costs and capital gains tax. I reinvest dividends and add accumulated cash when the market crashes.
Time in the market beats trying to time the market, every time. So many studies on this, I don't understand these "having a punt on this one share" mentality. If you are going to punt £10K, buy some crypto, because although you might lose £10K, you might make £1M in under a year. Buying some tulipty single stock is likely to end badly.
First Law of Contracting: Only the strong surviveComment
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Originally posted by _V_ View Post
you might make £1M in under a year. Buying some tulipty single stock is likely to end badly.
*instantly convert it to £,$,EU etc
it's all b@lloksComment
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Originally posted by _V_ View Post
Exactly!
Time in the market beats trying to time the market, every time. So many studies on this, I don't understand these "having a punt on this one share" mentality. If you are going to punt £10K, buy some crypto, because although you might lose £10K, you might make £1M in under a year. Buying some tulipty single stock is likely to end badly.I'm alright JackComment
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