So, with savings so low...

pinkteapot

Traditionally you'd increase your allocation to bondss/cash and reduce it to equities when you're negative on the economy. Worries about economic data can weigh on all stocks. Of course it's still possible to pick the stars that will do well (or at least not as badly).

On the other hand, if you're a long-term investor then a negative time can be just the time to buy. Might be worth staggering your investments though ('averaging down')....

StevieJ

Kohoutek wrote: »

You probably shouldn't be investing in equities then.

Why? 70% of FTSE income comes from abroard, some of those companies are even sensitive to external currencies, so the stock market is not dependent on the UK economy.

chris_m

StevieJ wrote: »

Why? 70% of FTSE income comes from abroard, some of those companies are even sensitive to external currencies, so the stock market is not dependent on the UK economy.

Some areas of it seem to be more dependent on tea leaves :rotfl::rotfl:

JonnyBravo

Graham_Devon wrote: »

I've got £200 with XTR at the moment, but as I'm relatively new, made a silly mistake with the software, so my average cost is 3.04p. But have learnt since and waiting for opportunities to top up.

:T

See? It's not all bad in the world. Looks like your £200 is on its way up!
Nice work GD. Easy innit?

Graham_Devon

JonnyBravo wrote: »

:T

See? It's not all bad in the world. Looks like your £200 is on its way up!
Nice work GD. Easy innit?

Been busy since then, lol.

Yep, XTR went ok, but topped up since then, and am only working on a £10 profit there as of this second, however, thats up and down like a yoyo today.....now got £425 with XTR.

Have also got AMC, though a lower amount.

BT, BP and Tesco have all bought the whole lot down. Currently -1.17% on the whole portfolio, but those are the longer term things. Think the YouView stuff from BT & partners will probably go quite well.

However, if I'd have left things as they were, would have been in profit. However, can't stop tinkering, especially when Halifax offer free trades, so now stands that I have put £1,600 in. Bit over my initial thoughts, but still, finding it all fun, especially when snowed in!

Gotta stop myself from putting in now though, as I am still learning, so will shoot myself in the foot soon!

Suppose my biggest lesson from all of this, is that spreading a small amount out is pretty much pointless.

chucky

JonnyBravo wrote: »

:T

See? It's not all bad in the world. Looks like your £200 is on its way up!
Nice work GD. Easy innit?

OTC had a nice little bump today...

Graham_Devon

Oh, -0.56% now on the whole portfolio.

Gotta love XTR

Just wish people would stop taking profits!

JonnyBravo

chucky wrote: »

OTC had a nice little bump today...

Yep, I'm up there as I bought in a few weeks ago and am in at 1.4.
It's all about when the resource update gets published. The volume might be an indicator but then again its a strange time to release the news if they do.

Graham_Devon wrote: »

Suppose my biggest lesson from all of this, is that spreading a small amount out is pretty much pointless.

Diversification has its place but it aint for spreading £1000 between 5 companies.

chucky

JonnyBravo wrote: »

Diversification has its place but it aint for spreading £1000 between 5 companies.

for me it all depends on what return you're expecting and the risk of the investment.

a £3k investment returns £300 at 10% but £300 only gives you £30.
not really worth it unless you're looking for a better return but then you have the risk in your mind of potentially losing £3k.

i have issues with attributing the right risk to shares and how many i should buy.

unless you're expecting 50% minimum, investing £200 has more downsides than up.

Graham_Devon

chucky wrote: »

for me it all depends on what return you're expecting and the risk of the investment.

a £3k investment returns £300 at 10% but £300 only gives you £30.
not really worth it unless you're looking for a better return but then you have the risk in your mind of potentially losing £3k.

i have issues with attributing the right risk to shares and how many i should buy.

unless you're expecting 50% minimum, investing £200 has more downsides than up.

However, in terms of where I was coming from, leaving £1k in a savings account would have returned about £25 over an entire year.

Bringing dividends into account on the longer term shares, think I can beat that!!

These higher risk shares im attracted to is mere gambling in my view.