Smarter Investing

Sanchsoot49

badger09 wrote: »

I'd be willing to risk a small wager that A Flock of Sheep will finish reading Smarter Investing tonight, or tomorrow night at the very latest;).

By the time the UK market reopens on Tuesday there will be one very eager lamb with a brand new investment strategy and £££s burning a hole in their fleece :rotfl:

A lovely day like this and old mutton chops reading like mad to educate her/himself before the 30-40% crash .....
:rotfl:

grizzly1911

A_Flock_Of_Sheep wrote: »

I am just longing for a mass crash. 30 or 40% would do me nicely.

Have you gone off us or sumthink?

grizzly1911

A_Flock_Of_Sheep wrote: »

Tuesday I think is a selling day for me while I am busy at the drawing board. Plus I want to mute the noise I keep getting from HL and Motley Fool.

Un-subscribe....

A_Flock_Of_Sheep

grizzly1911 wrote: »

Have you gone off us or sumthink?

Never!

The book seems to herald all share trackers at the moment where I am reading. Owning you age as a percentage in bonds/gilts too. But I was under an impression that bonds/gilts are in a bit of a bubble unless that's just noise again.

I am still puzzled where funds such as IP High Income, HSBC Turkey etc fit into the fabric.

Glen_Clark

Best tip of all. Become a Financial Advisor and invest other people's money, then you can't lose your own

innovate

A_Flock_Of_Sheep wrote: »

But I was under an impression that bonds/gilts are in a bit of a bubble unless that's just noise again.

Could well be noise - - though then it may not be.

Remember the book you are reading has probably last been updated in 2009 (Second Edition). The general principles are most likely still quite valid. Though when it comes to creating your portfolio, you need to consult other places, too.

Yorkie1

innovate wrote: »

Could well be noise - - though then it may not be.

Remember the book you are reading has probably last been updated in 2009 (Second Edition). The general principles are most likely still quite valid. Though when it comes to creating your portfolio, you need to consult other places, too.

I seem to recall from Amazon that a new edition is due out this autumn.

innovate

Yorkie1 wrote: »

I seem to recall from Amazon that a new edition is due out this autumn.

Yeah, I also saw something along those lines mentioned a while ago. But what our little lamb is reading today is the old edition, n'est-ce pas?

Totton

Owning you age as a percentage in bonds/gilts too.

Although some now suggest 120-age due to living longer. Someone aged 50 would have 70% in equities rather than 50% whilst another aged 65 would have 55% in equities rather than 35%, the idea being to retain a higher equity weighting. For myself, I feel comfortable treating cash savings as part of my suggested fixed interest holding s include those savings in the mix.

I found the Tim Hale book a very good read until it got quite heavy late on, the suggested portfolios are interesting although I wonder just how many readers of that book have actually taken the main piece of advice which is to profile your own risk tolerance.

HTH,
Mickey

A_Flock_Of_Sheep

i am on page 85 - the buy high sell low diagram. it sounds just like my aunt who began investments of 30k in 2006 and then saw them drop like a stone in 2007-09 and surrendered in 08 and now says she wont do that again having lost quite a bit of cash