We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

IG Index

Had an account with them for years and lost way more money than I should have. Short term gambles just are not worth it. I feel better now knowing I'll be keeping more of my money!

Comments

  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    I've made money with them (from their services and owning their shares, though I don't currently do the latter). So, I respectfully disagree. You can use margin and options and shorts and hedges as part of a broad portfolio sometimes, but of course it's not for everyone.

    Was this intended as a response to some other thread, or just a general "dammit, I lost again, now I'm going to stop gambling" post?
  • I recently got a bunch of birthday money and realised I'd lost the same amount I got in my spreadbetting account, and not for the first time. It's not a gambling problem, and perhaps I'm pretty bad at this whole thing, but even with 3 month timescales on some spread-bets I found I lost money hand over fist all of the time. I'm going to stick to safe, long-term buys from now on.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.5K Banking & Borrowing
  • 254.1K Reduce Debt & Boost Income
  • 455K Spending & Discounts
  • 246.6K Work, Benefits & Business
  • 602.9K Mortgages, Homes & Bills
  • 178K Life & Family
  • 260.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.