novice investing £1000

jimjames

inflationbuster wrote: »

How likely is that given Barclays has been around since 1690 and Vedanta since 1976? Both blue chip FTSE100 stocks held by pension companies.

When was RBS founded?

noggin1980

inflationbuster wrote: »

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=ACFDO

You realise that Vanguard are the biggest name in the business and probably the most trusted? they have over 3 trillion dollars ($3,100,000,000,000) under management.

2 shares is an order of magnitude more risk than a fund of funds from vanguard.

Gadfium

jimjames wrote: »

When was RBS founded?

Or Barings Bank?

inflationbuster

jimjames wrote: »

When was RBS founded?

Thread derailing.

colsten

inflationbuster wrote: »

Thread derailing.

Who started to talk about when a bank was founded? I give you a clue:

inflationbuster wrote: »

How likely is that given Barclays has been around since 1690 and Vedanta since 1976?

Spectacular failures can happen to any company at any time. RBS, whose roots go back to the 1700s, is a great example of how a megalomaniac can wipe out a global company.

http://en.wikipedia.org/wiki/List_of_corporate_collapses_and_scandals

The bottom line remains that it is insane, irresponsible, incomprehensible and not helping with your reputation on the MSE Forum one iota to suggest to an investment novice to invest all their money in two shares that you seem to have randomly plucked out of the FTSE 100.

If you want to ramp a few companies, there are better places to do so, e.g .the ADVFN forum or your twitter or wherever you can trade your propositions with peers. It's pretty disgusting, really, to lure an unsuspecting novice into what is quite obviously a massively high risk investment.

inflationbuster

colsten wrote: »

If you want to ramp a few companies, there are better places to do so, e.g .the ADVFN forum or your twitter or wherever you can trade your propositions with peers. It's pretty disgusting, really, to lure an unsuspecting novice into what is quite obviously a massively high risk investment.

You are incredibly naive and definitely a novice to think l can ramp a multi-billion £ companies on MSE with just a £1000

Calm down a take a breather dear.

I've provided proof you can make money on stocks, don't forget that.

InvestInPoker

inflationbuster wrote: »

I've provided proof you can make money on stocks

Virtual medal en route.

Gadfium

inflationbuster wrote: »

I've provided proof you can make money on stocks, don't forget that.

Pick any cuddly toy off the middle shelf.....:D

inflationbuster

Gadfium wrote: »

Pick any cuddly toy off the middle shelf.....:D

Thanks mate.

I'm bailing out this thread now.

Final note: Stocks > Funds for quicker returns

colsten

inflationbuster wrote: »

You are incredibly naive and definitely a novice to think l can ramp a multi-billion £ companies on MSE with just a £1000

Calm down a take a breather dear.

I've provided proof you can make money on stocks, don't forget that.

You can call me incredibly naive and a novice for as long as you like but none of your vitriol changes the fact that you have made terrible and quite irrelevant suggestions in this thread, and that you have a credibility deficit.

Stop being an idiot - nobody questions whether you can make money on stocks or not. This is not what this thread is about. It is about a novice wanting a low to medium risk investment for £1,000 a month (clue in the title of the thread). It's insane to recommend 2 random shares to this person.

No amount of posts from you (or any of your alter egos, or likeminded posters such a RF) will ever change that fact. Your kind of attitude and approach would never get anywhere near satisfying the FCA/PRA requirements for financial advisors, and it won't pass the scrutiny of MSE forum members, either.