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Post by elephantrosie on Jun 25, 2019 19:59:29 GMT
Having my holiday and have just gone back to reading a website that I have subscribed to a year ago on how to invest in stocks. I do not like bonds or funds, but this whole new learning has taught me that so much work need to put into it to wisely pick an individual company to invest in.
Nothing comes easy.... But everything is fun and worth it.
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bigfoot12
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Post by bigfoot12 on Jun 25, 2019 23:32:20 GMT
Having my holiday and have just gone back to reading a website that I have subscribed to a year ago on how to invest in stocks. I do not like bonds or funds, but this whole new learning has taught me that so much work need to put into it to wisely pick an individual company to invest in. Nothing comes easy.... But everything is fun and worth it. Neither knowing you, nor the website you have subscribed to, may I suggest that you pick 1-4 etfs (or funds) that together cover a range of assets that seem appropriate for you and invest in these monthly over the next 6-24 months. If you learn enough over this time to switch away to individual companies then good luck - but make sure that you have better knowledge (I don't mean inside knowledge) or insight than the (money weighted) average investor.
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bobo
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Post by bobo on Jun 26, 2019 12:11:01 GMT
Good luck, I've scattered my advice on this thread enough on this forum (chat) recently to not bore any more people. But if you have questions, drop them up here.
Which site?
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Jun 26, 2019 12:28:49 GMT
Also, depending upon your circumstances and time horizons, think carefully about whether you're investing for growth or income (or indeed a balance of the two).
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gc
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Post by gc on Jun 26, 2019 15:28:37 GMT
Picking an individual company is always a little more unsettling as it is a more volatile beast (both positive and negative), even the huge corps like pharma etc, get bounced about more than a stable ETF. That said, I do have both (ETF's and some individuals). Individuals are great for the rollercoaster rides they can give, but if you choose the right ones, they most often see you well.
My current concern is that there may be a market rebalancing in the pipeline (could be months, or even a year or so away). That doesn't mean that one shouldn't invest, just that I am currently rethinking certain strategies I use and keeping that in mind.
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daveb
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Stocks
Jun 26, 2019 20:07:22 GMT
Post by daveb on Jun 26, 2019 20:07:22 GMT
My 2p worth...
mainstay is a cheap tracker for big companies.
If you want smaller companies then they should be actively managed as stock picking is much more likely to add value to small company picks than to very large, well-researched ones. And if they are illiquid then hold them in an investment trust not an open ended unit trust. Woodford reminded us of the importance of that.
IPOs should only be invested in if the seller is someone keen to sell out and pricing to go, usually the government, or recently the nationalised banks. So direct line, TSB and Equiniti did well, as did the Royal Mail at first. But most IPOs are risky bets for the medium net worth punter.
I think that is all I have learned over 30 years.
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hazellend
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Stocks
Jun 26, 2019 20:30:04 GMT
via mobile
ozboy likes this
Post by hazellend on Jun 26, 2019 20:30:04 GMT
Having my holiday and have just gone back to reading a website that I have subscribed to a year ago on how to invest in stocks. I do not like bonds or funds, but this whole new learning has taught me that so much work need to put into it to wisely pick an individual company to invest in. Nothing comes easy.... But everything is fun and worth it. Trust me, just buy one of the vanguard Lifestrategy funds. Individual stocks is very risky.
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ozboy
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Mine's a Large One! (Snigger, snigger .......)
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Post by ozboy on Jun 26, 2019 21:20:53 GMT
Having my holiday and have just gone back to reading a website that I have subscribed to a year ago on how to invest in stocks. I do not like bonds or funds, but this whole new learning has taught me that so much work need to put into it to wisely pick an individual company to invest in. Nothing comes easy.... But everything is fun and worth it. Trust me, just buy one of the vanguard Lifestrategy funds. Individual stocks is very risky. I trust you hazellend, Vanguard Lifestrategy, way to go.  (With maybe a small punt in Fundsmith and/or LindsellTrain?) This is not investment advice, do your own research and make your own informed decisions. 
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michaelc
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Stocks
Jun 26, 2019 21:27:39 GMT
Post by michaelc on Jun 26, 2019 21:27:39 GMT
My twopenneth which usually incurs the wrath of wallstreet . I buy individual stocks and occasionally bonds to keep transparency as high as possible and fees to various fund manager types as low as possible. I don't trust anything I don't fully understand and I don't mean that in a general sense. Yes most people generally understand the principle of funds for example, but are they aware of all the detail and I think its that detail that matters. As an aside I hear fund managers eke out a good living. |
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bigfoot12
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Post by bigfoot12 on Jun 26, 2019 21:31:13 GMT
As an aside I hear fund managers eke out a good living. So do doctors; do you avoid them if you are sick?
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michaelc
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Stocks
Jun 26, 2019 21:46:06 GMT
Post by michaelc on Jun 26, 2019 21:46:06 GMT
As an aside I hear fund managers eke out a good living. So do doctors; do you avoid them if you are sick? You're comparing a fund manager with a doctor ?
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Post by wallstreet on Jun 26, 2019 22:01:52 GMT
My twopenneth which usually incurs the wrath of wallstreet .
Fortunatley for you I have been otherwise occupied on more pressing matters.
But given you rang, the proverbial cane is at the ready. What has the naughty boy been up to whilst I've been away ?
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littleoldlady
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Running down all platforms due to age
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Stocks
Jun 26, 2019 22:02:39 GMT
Post by littleoldlady on Jun 26, 2019 22:02:39 GMT
As an aside I hear fund managers eke out a good living. Is there any fund manager who does not charge a fee but takes a cut of profits?
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Stocks
Jun 26, 2019 22:07:37 GMT
Post by wallstreet on Jun 26, 2019 22:07:37 GMT
Having my holiday and have just gone back to reading a website that I have subscribed to a year ago on how to invest in stocks Nothing comes easy.... But everything is fun and worth it.
Your first phrase makes me cringe. Your final phrase I agree with.
There's an old saying "those that can do. those who can't teach". I would thus be accordingly weary of subscription services (or indeed dead-tree books of similar ilk).
On the other hand, more in common with your final phrase, I would say seek out a decent book (or two) on valuation. And also discover the delights of learning by doing (although for the sake of your bank balance, may I suggest paper trading !).
Finally. Set yourself appropriate timeframes. Anything less than timeframes measured in months or years is likely to be very much unsuitable for you (or many others on this forum).
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Post by wallstreet on Jun 26, 2019 22:12:05 GMT
As an aside I hear fund managers eke out a good living. Is there any fund manager who does not charge a fee but takes a cut of profits?
You're thinking about the infamous 2 and 20. 
I'm not sure you'll ever find zero fees (because there will always be overheads that need covering). But there might be something at 1 or less out there. I've never looked.
Also michaelc is in brush-tarnishing mode ! I've met a few fund managers in my time, the good ones certainlny work hard for their money.
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(With maybe a small punt in Fundsmith and/or LindsellTrain?)
