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novice investing £1000
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Archi_Bald wrote: »Oh dear.
You clearly shouldn't be giving any investment recommendations if you don't understand the difference between funds and individual shares.
Who are you Warren Buffet?
Of course l know the difference but who says funds can't perform badly versus shares? Go check some of the Russian funds out.
@catoutthebag ignore people pushing funds with low growth prospects and if you're young go for good growth stocks that are trading well below NAV.0 -
Insane.
How can you possibly suggest that 2 shares is half the risk of a global fund investing in a wide range of shares and bond? Hopefully the OP will have the sense to ignore it as it's these kind of suggestions that put people off investing.
Hyperbole post. Clearly not a stock investor.0 -
Picking two single stocks and using that as your sole investment vehicle sounds nuts to me. But, hey ho YMMV.
Why does picking cheap stocks sound nuts? Stocks that pay a healthy dividend with plenty of capital appreciation scope on just £1K. You make it sound like it's nuts to invest £1K (yes it's nothing nowadays) on stocks. Do you actually have an idea what you are talking about because l do. We don't know OP's age but if he's young there's plenty of cheap FTSE100 stocks with plenty of growth potential and they are exposed to the global market.
Proof is in the pudding and these are recent purchases. Profit and return last two columns.
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inflationbuster wrote: »Why does picking cheap stocks sound nuts? Stocks that pay a healthy dividend with plenty of capital appreciation scope on just £1K. You make it sound like it's nuts to invest £1K (yes it's nothing nowadays) on stocks. Do you actually have an idea what you are talking about because l do.
Because a single stock can drop to zero.
As people found out to their cost in the financial crisis.Remember the saying: if it looks too good to be true it almost certainly is.0 -
inflationbuster wrote: »Why does picking cheap stocks sound nuts? Stocks that pay a healthy dividend with plenty of capital appreciation scope on just £1K. You make it sound like it's nuts to invest £1K (yes it's nothing nowadays) on stocks. Do you actually have an idea what you are talking about because l do. We don't know OP's age but if he's young there's plenty of cheap FTSE100 stocks with plenty of growth potential and they are exposed to the global market.
Proof is in the pudding and these are recent purchases. Profit and return last two columns.
It's nuts because you are taking to a NOVICE.
In comparison, you are an experienced investor that has an understanding of the market. You are an active stock picker, but you are talking like your audience is also an experienced investor. The OP isn't....heck the thread is titled "novice investing £1000"! It's a bit like a Formula 1 champion handing the keys over to a learner driver and saying "just floor the accelerator and turn the steering wheel when you come to the first corner"!:doh:
You're a guy sitting with (according to an earlier post) £100K in cash and £200K in a trading account. Have a care for what you are telling people, for Pete's sake. You might as well tell a novice to stick a pin in the FTSE and hope for the best.
As for the fancy graph? Are you channelling Ryan Futuristics by any chance??? :think::think:
Finally, I noticed that you haven't addressed your glaring mistake of thinking that picking two stocks has halved the risk compared to picking a single, globally diversified fund.....0 -
Finally, I noticed that you haven't addressed your glaring mistake of thinking that picking two stocks has halved the risk compared to picking a single, globally diversified fund.....
Funds can lose money as well?As for the fancy graph? Are you channelling Ryan Futuristics by any chance???
What fancy graph? That's a snap of my portfolio holding said shares. One with over 38% profit in months.0 -
inflationbuster wrote: »Funds can lose money as well?
Did anyone claim otherwise?
The difference is between the possibility of 100% loss with single share and maximum of say 30% loss with a balanced fund.Remember the saying: if it looks too good to be true it almost certainly is.0 -
inflationbuster wrote: »Funds can lose money as well?
. < My point
You >.inflationbuster wrote: »What fancy graph? That's a snap of my portfolio holding said shares. One with over 38% profit in months.
now I KNOW that you are channeling RF.....:rotfl:0 -
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Did anyone claim otherwise?
The difference is between the possibility of 100% loss with single share and maximum of say 30% loss with a balanced fund.
How likely is that given Barclays has been around since 1690 and Vedanta since 1976? Both blue chip FTSE100 stocks held by pension companies.
That's versus a fund that's only been around since 23/Jun/2011 with a poor return of 35%.
I know where i'd put my money and it's not that fund.
http://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=ACFDO0
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