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Reply to: Stock Market
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Previously on "Stock Market"
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Wot has it gone back down again?Originally posted by BlasterBates View Post...wow what a rollercoaster ride
I reckon I'll wish I'd bought a house in the UK in 12 months
So it's not really gone up 50% in two years.
(I really don't know, I stopped looking ages ago)
tim
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Still money to be made
You've got to buy and sell to make money (daily/weekly) where you need nerves and quick-thinking, invest is for anyone looking at the long term (10 years +) and spreadbetting for the clued up - looking at the FTSE100/Dow Jones is like looking up at the sky and wondering whether it's going to rain or shine.
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90% cash in investments, and a sideline in shorting the heck out of the markets in spreadbets to keep the income ticking over
Whether it's going up or going down, as long as it stays volatile there's money to be made
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My cash is going in if the FTSE reaches 4000. Last time round I had the same rule but then bottled it when it hit the magic figure.
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Wouldn't stop me from getting in the market - you should be thinking about 5 years investment not 5 days. If necessary, bleed it in monthly to get pound cost averaging benefits, or bung it abroad - BRIC anyone ?
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I have reserves which I'll put in when the stock market completes its cycle, and all the "passengers" have got off.
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I know its boring but keep the main in cash for now - my unit trusts
are a joke (the worse thing is I pay a F.A to do them for me and I could
have lost less myself I reckon !!!)
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Stock Market
...wow what a rollercoaster ride
I reckon I'll wish I'd bought a house in the UK in 12 months
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