The Naked Trader - thinking of going to the seminar..

iAMaLONDONER

londonman81 wrote: »

I'm tempted to try out the Naked Trader seminar:

https://www.nakedtrader.co.uk/seminars.htm
Thanks

Seems similar to this http://www.instutrade.com/

Probably a get rich scheme for the owners!

roswell

A simple explanation to investing.

1000 people play heads or tails.
50% of these will probably be winners
the 500 winners play heads or tails
50% will probably be winners
250 players play heads or tails ...


You get the theory, so the only way to make money is to take it from someone else, to do that effectively time and time again .. no one is going to sell you that answer.

you can make a little hear or a little there, you can do a hell of a lot of research and find some diamond of a company and get lucky or you can simply set yourself a simple target of being average and use a tracker fund.

if you look at the likes of Warren Buffet it wouldn't surprise me if he simply use`s a offset of a tracker fund + some randon I like these companys for his entire investment strategy.

sabretoothtigger

A guy with 60bn uses a tracker, who the heck is determining the progress of the tracker if its not people like him. Cant all track the tracker :laugh:

so the only way to make money is to take it from someone else

Thats called zero sum and it does not apply to shares in a business. A business should be making a profit, you get a share of that hence it is not zero sum. That is investment, return and also risk but you dont have to steal in order to profit.
A normal company provides utility not otherwise available and creates savings in time or even money for its customers and in turn its shareholders.

Options are zero sum, most of them will go to zero as they are just bets on price not investment


http://en.wikipedia.org/wiki/Zero-sum_game

lozzy1965

I'll give you my investment strategy for free! Not all on here will like it. This is just what I do, I don't profess to have all the answers or get every investment decision right, but it has worked well for me to date:

The basics:
Buy FTSE100, then FTSE250 companies who pay around 5%+ dividends. You can take a punt on Small Cap, AIM or shares for growth once you've got a solid base AND you can afford to lose the money!
I use the site "Top Yields" to start off a list of potential shares. Don't take the yields given as read though! Actual yields can vary a little.
Look in the site "Digital Look", company research section. Here there are graphs for various timescales, last 5 years' and predicted next 2 years' yields, what a selection of brokers recommend for the share and when the last 2 dividends - or last and next dividend - were/are to be paid. Remember most UK companies pay 2 dividends, some companies however pay 4 per year.
Pick the ones you think have the best prospects. I aim for one or more of the following:
- Most consistent divi payer,
- highest divi payer,
- most 'buy' recommendations,
- near the bottom or middle of the 1 year share price range (with no 'bad' news to explain the price drop),
- a dividend payment is due soon.
Depending on how much money you have to invest (I started with 7.5K and 1.5K in each company) spread it between 5 to 20 or even 30 different companies, market sectors, world coverage. The more you can put into a single company, the lower your percentage buying cost.
Consider keeping some money back, watch several companies whose share price tends to go up and down a lot over the course of 5 years, aim to buy in a dip (easier said than done I know!).
Never sell at a loss unless you have to.
Don't worry when your portfolio is negative, it is the dividend payments you are looking for.
Don't panic sell nor panic buy.

More advanced:
If a company drops over 20% after you buy, consider averaging down your share price, to take advantage of any recovery. try to wait until the price drop has bottomed out though (easier said than done again!)
Utilise your capital gains tax allowance by selling shares in profit and buying back either:
- 30 days later,
- inside an ISA if sold outside an ISA or vice versa,
- sell in wife's portfolio and buy in husband's portfolio or vice versa,
- buy a similar company with similar prospects if one exists.
Once a year, rebalance your portfolio if you are lucky enough to have had the odd share increase significantly.
Once a year, over a period of maybe several months, recheck the yields on each of your shares. A significant price rise might have resulted in reduced percentage dividend payments or dividends may have been cut. Sell these shares and buy better payers.
For rebalancing I try to sell a few weeks after a dividend has been paid, if one is due to be paid.
If still saving, I tend to keep dividends, rather than use dividend reinvestment plans, then with savings plus dividend payments one can diversify further, or average down, as and when one has enough money.
Bit of a brain dump, but some might find it useful.

Ifts

lozzy1965 wrote: »

Never sell at a loss unless you have to.

Utilise your capital gains tax allowance by selling shares in profit and buying back either:
- 30 days later,
- inside an ISA if sold outside an ISA or vice versa,
- sell in wife's portfolio and buy in husband's portfolio or vice versa,
- buy a similar company with similar prospects if one exists.

Sometimes its worth selling a share holding at a loss (esp if its showing a large loss and there is no real chance in the SP recovering and you're living in hope!) when you would get hit with CGT selling another share holding.

Just bite the bullet and sell at a loss to offset against the gain, less/no tax to pay and you're not reminded of the wrong turn you took each time you view your portfolio

lozzy1965

Ifts wrote: »

Sometimes its worth selling a share holding at a loss (esp if its showing a large loss and there is no real chance in the SP recovering and you're living in hope!) when you would get hit with CGT selling another share holding.

Just bite the bullet and sell at a loss to offset against the gain, less/no tax to pay and you're not reminded of the wrong turn you took each time you view your portfolio

Yes. Good point. I keep shares on a paper loss if they are still paying a good divi, but otherwise selling at a loss to realise another share at a large gain is good advice - not that I've had too many shares making gains so huge that I need to create a negative for CGT

roswell

sabretoothtigger wrote: »

A guy with 60bn uses a tracker, who the heck is determining the progress of the tracker if its not people like him. Cant all track the tracker :laugh:

Ah well yes and no, His company declares what it invests in but he doesn't have to declare what he invests in personally, Even 60 bn isn't a lot of a the total market cap though is it ??

Scarpacci

roswell wrote: »

Ah well yes and no, His company declares what it invests in but he doesn't have to declare what he invests in personally, Even 60 bn isn't a lot of a the total market cap though is it ??

I think Buffett's personal portfolio has long just been Berkshire Hathaway. From what I've read, I don't think he's been maintaining much on the side for a few decades now. He is a fan of indexing though and has suggested his estate should be invested mostly in a simple S&P 500 tracker and then in US bonds.

N1AK

gkerr4 wrote: »

they are just a 'touch' too expensive for me. In the big scheme of things, the cost isn't that high

Now this I don't get. If you really think the things he is going to cover in the seminar are going to help you get a better return on your investment then £600 is a bargain. If they aren't then it's a waste of money whether it's £200, £600 or £5,000.

gkerr4 wrote: »

and as for sticking to low cost trackers? seriously??

Sounds like good advice to me

sabretoothtigger

Trackers are fine and if you enter and leave them at the correct time, very profitable