Investing - Going for a serious thread, wish me luck

[Bwana]

<deleted>

[d000hg]

This afternoon made £50 trading the eurusd

Well done indeed. Doubling your savings in a day is a huge achievement.

[suityou01]

Around December 1999 I read "The Motley Fool UK Investment Guide" and they were really preaching FTSE 100 or All-Share index-trackers (can't remember which but the 100 is a subset of the All-share so they're similar). Then in the year 2000 I started FTSE All-share index-tracking ISA, only to find (with a decade of hindsight) that it was the beginning of what I've since heard described as the "lost decade". The stock market has fluctuated a lot but it has ultimately gone nowhere during the last 10 years. Capital growth seems non-existant. The only benefit I see is dividend income (which I reinvest). I'm beginning to wonder whether the stockmarket is no longer a good long term investment, because it seems to be more about gambling than investing nowadays. Just my opinion!

It's just been this way since 2008. Lots of short-termism in the markets, and plenty of volatility.

If you're looking for somewhere to get a return of 7% why not invest in Italian Treasury Bonds

Seriously though, these markets are messy at the moment and not following the fundamentals. According to the fundamentals we are all broke

Try playing the markets with Monopoly money at bullbearings.co.uk before risking any hard earned.

And above all, remember the age old rule. NEVER LISTEN TO SUITY.

HTH

[suityou01]

Well done indeed. Doubling your savings in a day is a huge achievement.

In this market, at £1 a pip I think this (for a relative spreadbetting novice) is pretty awesome.

[MarillionFan]

Around December 1999 I read "The Motley Fool UK Investment Guide" and they were really preaching FTSE 100 or All-Share index-trackers (can't remember which but the 100 is a subset of the All-share so they're similar). Then in the year 2000 I started FTSE All-share index-tracking ISA, only to find (with a decade of hindsight) that it was the beginning of what I've since heard described as the "lost decade". The stock market has fluctuated a lot but it has ultimately gone nowhere during the last 10 years. Capital growth seems non-existant. The only benefit I see is dividend income (which I reinvest). I'm beginning to wonder whether the stockmarket is no longer a good long term investment, because it seems to be more about gambling than investing nowadays. Just my opinion!

It's just been this way since 2008. Lots of short-termism in the markets, and plenty of volatility.

HTH

WBS

Last ten years is completely different. Is it because of technology?

It was a given that the stock market used to return on average 11% per annum. That's no longer true. It's been a nightmare since the Dot Com crash. We had a rally up until 2008, it took 6/7 years to recover from 2001/2002. I got burnt on the first crash to the tune of £50k 'cash'. If I hadn't also bought BTL's during that period I would have been fecked.

Lost decade indeed.

[MarillionFan]

When shorters get burnt!

Muwhahahaha.


BBC NEWS | Business | Market Data | Share Prices | London Stock Exchange LSE | Yell Group YELL

[russell]

It's very simple, wait for a downturn/crash and buy distressed assets at a huge discount, wait a few years till the top of the business or leverage cycle and sell. Rinse and Repeat.

[MarillionFan]

When shorters get burnt!

Muwhahahaha.


BBC NEWS | Business | Market Data | Share Prices | London Stock Exchange LSE | Yell Group YELL

Muwhahahaha.

[DimPrawn]

Shares are good, FTSE All-share Index is a good choice considering (a) you are just starting out and (b) value at the moment. If you can, buy Vanguard UK tracker fund, which with a total expense ratio of 0.15% is cheapest you can get. (Difficult to get sometimes because of 100K minimum, is available without this minimum in dealing, ISA or SIPP accounts run by Alliance Trust Savings and Sippdeal.)

Buy the shares in your SIPP funded by employer pension contributions. The most tax efficient way to do it and the contributions are immunised against IR35.

Says it all.

If you want to get poor very slowly, invest in the UK stock market.

[MarillionFan]

Says it all.

If you want to get poor very slowly, invest in the UK stock market.

That doesn't include dividend reinvestment. Very poor analysis.