Nice people thread part 3- Nice as pie

lostinrates

Generali wrote: »

I've just started reading the classic share trading book and I can highly recommend it. It's called Reminiscences of a Stock Operator and it's out of copyright (I think - pub. 1923 which makes it out of copyright???) so you can read online perfectly legally:

http://www.archive.org/stream/ReminiscencesOfAStockOperator/Reminiscences_of_a_Stock_Operator-Edwin_Lefevre-EN#page/n17/mode/2up

DH's firm have confirmed neither of us are allowed to pick and choose shares, only buy through an IFA/pension fund where we can't actively choose shares. Takes the fun out a bit. don't know what to do now. I have decided though to close my never as far as I know used account at the stockbrokers. It was opened on behalf by a one time squeeze trying to impress/buy me. It was good for invitations to stuff back in the day. Which I NEVER went to with him. In fact....I don't think I did anything with him that even in the mst hopeful of minds would lead to ''you can plan my finances'' or in the most sceptical ''you owe me''. Although, my memory isn't very good these days.:rotfl:

Generali

lostinrates wrote: »

DH's firm have confirmed neither of us are allowed to pick and choose shares, only buy through an IFA/pension fund where we can't actively choose shares. Takes the fun out a bit. don't know what to do now. I have decided though to close my never as far as I know used account at the stockbrokers. It was opened on behalf by a one time squeeze trying to impress/buy me. It was good for invitations to stuff back in the day. Which I NEVER went to with him. In fact....I don't think I did anything with him that even in the mst hopeful of minds would lead to ''you can plan my finances'' or in the most sceptical ''you owe me''. Although, my memory isn't very good these days.:rotfl:

Find low cost trackers and avoid ETFs. I've been reading a lot about ETFs recently. I used to think they were an excellent buy but I was wrong.

PasturesNew

chewmylegoff wrote: »

I reckon even a bird could do it

But a bloke with broken arms and legs couldn't, could he

Masomnia

lostinrates wrote: »

DH's firm have confirmed neither of us are allowed to pick and choose shares, only buy through an IFA/pension fund where we can't actively choose shares. Takes the fun out a bit. don't know what to do now. I have decided though to close my never as far as I know used account at the stockbrokers. It was opened on behalf by a one time squeeze trying to impress/buy me. It was good for invitations to stuff back in the day. Which I NEVER went to with him. In fact....I don't think I did anything with him that even in the mst hopeful of minds would lead to ''you can plan my finances'' or in the most sceptical ''you owe me''. Although, my memory isn't very good these days.:rotfl:

Mmm I have a 'safe and boring' account with a stockbroker which I use for some funds like trackers and one or two managed thingys for long term investments and then a 'fun' account that I use for speculative and more risky trades. I'd recommend it

If the book comes recommended by you Gen I may have to buy a copy. I'd rather pay a few quid on ebay than read something online, my eyes just can't take it!

PasturesNew

Not only have I never had a stockbroker, nor a stockbroker account - but I've also never known/met anybody that had one either, nor have I ever overheard or heard anybody discussing one at all.

You're all a posh lot aren't you

Masomnia

PasturesNew wrote: »

You're all a posh lot aren't you

Haha. No, I'm really not!

Generali

Masomnia wrote: »

Mmm I have a 'safe and boring' account with a stockbroker which I use for some funds like trackers and one or two managed thingys for long term investments and then a 'fun' account that I use for speculative and more risky trades. I'd recommend it

If the book comes recommended by you Gen I may have to buy a copy. I'd rather pay a few quid on ebay than read something online, my eyes just can't take it!

I don't mind reading off a screen. Paper is better but a screen will do.

For almost 90 years this has been The Book that they tell every share trader to read when they start. The author is the greatest speculator the world has ever seen IMHO. He once made $10,000,000 in a month* in the early C20th!

He doesn't see the word speculator as anything to be ashamed of. He's speculating (not betting) with his own money and he takes money off other people in the market fair and square as far as he sees it.

It's fascinating if that's what you're interested in. Which I am.









*$10,000,000 would have been convertible into about 15,000kg of gold at the time. That gold today would be worth about $750,000,000!!!

HAMISH_MCTAVISH

Generali wrote: »

It's fascinating if that's what you're interested in. Which I am.

Thanks for the tip. Now 100 pages in and find it hard to put down....

Haven't had that sensation with a book for a while. :T

sjaypink

I ahve a question, how do these new card reader internet banking things work? I ahve one for nationwide and smile... its just bugging me

PasturesNew

Some girl's screaming outside... pretty usual round here. Thing is, when there's a murder, nobody takes any notice as we're used to drunken screaming.