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Investment
Comments
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watch wolf on wall st£48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
debt/mortgage free 28/11/14
vanguard shares index isa £1000
credit union £400
emergency fund£500
#81 save 2018£42000 -
bowlhead99 wrote: »Well, at least you have recognised risk and the potential for significant losses, so they won't come as a surprise - unless your eighth word was a typo...
Both my ISA account and SIPP account were grateful that I speculated on the RM float
There are of course some situations where the odds appear to be a bit more in your favour and it feels somewhat less of a gamble. So all the OP needs is to find a new IPO where every single newspaper and opposition MP is shouting from the rooftops that the shares are being deliberately given away for a song.
Did you get two lots then?0 -
Did you get two lots then?
I certainly did. A chunk for my SIPP and for my ISA -- though I had to wait until they went on open sale, so I missed the 330p. I think i bought for 480p. Still a good profit so far."I don't mind if a chap talks rot. But I really must draw the line at utter rot." - PG Wodehouse0 -
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ChesterDog wrote: »Yes. A gamble at good odds that comes good quickly is not investing.
Though was a good investment.0 -
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A friend of mine told me investing was easy - you buy the shares, when they have gone up a lot sell them but if they don't go up, don't buy them - simples!0
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ChesterDog wrote: »We'll split hairs over a drink sometime. :-)
Yes, I'm obviously playing devils advocate but what is the definition of a good investment?
I'm not sure that longevity has a lot to do with it, more a question of minimising risk and maximising return.
One thing I think that is wrong currently is the removal of taper relief from capital gains tax calculation. As well as being a good thing to promote longer term thinking and ideally shareholder engagement for example, it's surely a logical thing to compare any gains in relation to inflation if held over the longer term as sensible investing often should be.0 -
As nobody knows what will happen to shares in the future they can't advise which ones are going to be the winners.0
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As nobody knows what will happen to shares in the future they can't advise which ones are going to be the winners.
And this is where I come in. If you all invest in my time machine company we can go into the future and actually SEE the winners...Total - £340.00
wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book0
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