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Your portfolio- STICKY SUGGESTION

Would it be a good idea to have a a diary type area where people can put up their portfolios and show their gains and losses, and their opinions to why they go a particular way? Of course this cannot be seen as advice but as an educational fun tool.

Comments

  • boltneck123
    boltneck123 Posts: 197 Forumite
    Although not a frequent poster to this forum that sounds like a nice idea, I'm currently dipping my toes in to investments and it would be a good learning tool to see peoples methods and outcomes. I've got to the point now where I'm avoiding asking "how" and "what does this mean" questions, because I dont seem to ever get much of a response.
  • masonic
    masonic Posts: 27,361 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    At the moment we enjoy a very relaxed environment here where we can discuss investments (perhaps with the exception of some shiny metals) quite freely. The more prominent such discussions are, the harder it is for MSE to turn a blind eye to the occasional posts that stray over the line of what can and can't be interpreted as advice.
  • boltneck123
    boltneck123 Posts: 197 Forumite
    Any advice that I may or may not be given via this forum will be researched and validated by my self, I've never been one to take what I hear as gospel.
  • masonic
    masonic Posts: 27,361 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Any advice that I may or may not be given via this forum will be researched and validated by my self, I've never been one to take what I hear as gospel.
    The problem is that giving advice about investments is an FSA regulated activity and the forum team would have a duty to check the credentials of anyone posting advice here. The easier option is to ban such discussions.
  • boltneck123
    boltneck123 Posts: 197 Forumite
    I agree with you, however there is nothing wrong with expressed opinions, surely? I.E you think this is best ("A") and I this this is best ("B"), anyone reading it would (I would expect) go off and read for themselves.
  • masonic
    masonic Posts: 27,361 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I agree with you, however there is nothing wrong with expressed opinions, surely? I.E you think this is best ("A") and I this this is best ("B"), anyone reading it would (I would expect) go off and read for themselves.
    As I said above, I'd be more concerned about "the occasional posts that stray over the line of what can and can't be interpreted as advice". Every now and then it happens. Better that it goes unnoticed in occasional disparate threads spread across the board than concentrated in a prominent 'sticky' where genuine discussions could be restricted as a result.
  • dunstonh
    dunstonh Posts: 119,811 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 31 January 2012 at 1:02PM
    I agree with you, however there is nothing wrong with expressed opinions, surely? I.E you think this is best ("A") and I this this is best ("B"), anyone reading it would (I would expect) go off and read for themselves.

    The board tolerates that as long as certain language is avoided. Comparisons as such are ok but when people start asking outright how they should invest or start making it clear they are copying others who may have a totally different risk profile or understanding then it gets risky.

    You also have to cater for those people who will not research or take responsibility for themselves. [TEXT DELETED BY FORUM TEAM]
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    edited 31 January 2012 at 1:03PM
    dunstonh wrote: »
    You also have to cater for those people who will not research or take responsibility for themselves. [TEXT DELETED BY FORUM TEAM].


    ...or the threads where 'opinions' are expressed about certain shares or fashionable market sectors
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • psychic_teabag
    psychic_teabag Posts: 2,865 Forumite
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    I can't help thinking that there are other established sites catering for that sort of thing. eg the motley fool site for stock-picking, or others specialising in funds and things.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Ark_Welder wrote: »
    ...or the threads where 'opinions' are expressed about certain shares or fashionable market sectors

    I personally have no problem with threads that give the 'heads up' on possible undervalued shares as long as they are backed up by genuine links to further reasearch e.g. broker reports/comments, articles.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
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