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Too Scared To Invest
Comments
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But things are not going well in the economy.I think it is pretty much accepted as 'fact' by now that individual investors prefer to invest when things are already going well in the economy. This is true for stocks, funds, property, gold and other commodities.
Personally I also think that their is considerable scope for gain in the markets currently and have invested accordingly.
Shares are rising because the bankers are printing like lunatics.
We are in uncharted waters.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I have been put off equities by past disasters, 1100 buy National Power 1200 Major government changes rules re power companies = shares fall in half. 1000 buy Pace Micro 1300 finance director resigns= shares fall in half.
Anyone want any tips?
Buying single equities is risky, buying funds that hold 20-200 different companies less so. Perhaps having been burnt on single shares, you should have started investing in Funds or investment trusts instead?0 -
gadgetmind wrote: »Without a paddle.
and a slow leak in the boat!0 -
I've been burned more on funds than individual shares. One fund went bust completely and another is around a third of what I paid for it. Conventional funds especially, have huge fees which they take out regardless of performance so the fund may have to make at least 1.5% gain per annum for you to stand still and not lose anything. ETF's are better as the ongoing fees are much lower. With individual shares, there are zero ongoing fees!Buying single equities is risky, buying funds that hold 20-200 different companies less so. Perhaps having been burnt on single shares, you should have started investing in Funds or investment trusts instead?0 -
which funds went bust/down 66%?
Enquiring minds want to know (as none of mine have).0 -
Jegersmart wrote: »which lower prices are these?
J
The lower prices for good profitable/dividend paying companies hit temporarily by panic selling.0 -
Do you really need to invest in hundreds of different companies?
Especially when some of them are huge international diversified organisations.
As long as they are spread over different sectors twenty seems plenty to me.
Then you can hold them directly, have complete control, and pay no fees - whether upfront or hidden.“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Glen_Clark wrote: »But things are not going well in the economy.
Shares are rising because the bankers are printing like lunatics.
We are in uncharted waters.
'the bankers' are not printing.
The BOE is.0 -
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