novice investing £1000

InvestInPoker

inflationbuster cannot be anything but a moderately successful troll.

inflationbuster

JohnRo wrote: »

Talk about digging a hole..



Not if you buy a fund that does that for you.

I prefer to manage my own portfolio of stocks and have easily beat said fund since inception, it's why l prefer stocks over funds.

inflationbuster

InvestInPoker wrote: »

inflationbuster cannot be anything but a moderately successful troll.

What have you contributed to this thread? Nothing.

redux

inflationbuster wrote: »

I posted an image of my iWeb account; that's a snap of 1 of my portfolio's with two mentioned stocks purchased recently that outperformed said fund since inception in 2 months medium risk. Just because you don't know how to buy and sell stocks doesn't mean other people don't. Simply suggesting you just invest your money into a fund and not investigating other medium risk ideas is not telling the full story.

Putting your money into one fund is putting all your eggs into one basket, a plain and simple fact. Just because it's a fund you still need to diversify.

Funds can lose significant value as any stock.



Of course you can lose value in the markets (be it stocks or funds). Who said you cant? I had a mortgage a few years ago, paid it off with profit made in the market and used remaining profit to continue trading the market.

As l said above, depending on the money you have you would increase the number of stocks you'd invest in. So if you have £100K you'd most certainly increase the number of stocks to reduce risk, it depends how much you invest as to how many stocks you'd spread your money across.

Please post this self-vindicating guff on a different thread, where it might be slightly relevant or even at a pinch helpful.

The OP is talking about a much more modest amount for the time being, and wants something that will be ok to leave unattended for months or years, not something that will require constant monitoring and occasional switches.

And churning holdings of £500 perhaps a few times a year would soak up quite a bit in dealing charges.

Crag30

I'm sure there's a number of new investors, includiing myself, out there that would be grateful for the advice the OP has requested.

If there was only one right answer, we'd all be doing the same thing

JohnRo

Crag30 wrote: »

If there was only one right answer, we'd all be doing the same thing

That doesn't mean there are no wrong answers.

redux

InvestInPoker wrote: »

inflationbuster cannot be anything but a moderately successful troll.

If he or she was such a share picking genius, those Barclays shares would have been bought in the summers of 2011 or 2012 for about £1.50, instead of boasting about now about a gain in 2 months from £2.30 or £2.40.

jimjames

Crag30 wrote: »

I'm sure there's a number of new investors, includiing myself, out there that would be grateful for the advice the OP has requested.

If there was only one right answer, we'd all be doing the same thing

For £1000 I think the vast majority of replies (bar one) would suggest that funds are the answer.

What funds to use is open to debate but I don't think amongst any sensible investors there would be any question that putting £1000 into two shares is a very high risk, expensive and non diversified option.

Suggesting that a fund investing globally in shares and bonds is "all eggs in one basket" pretty much sums up the quality of the advice given.

ColdIron

From an earlier post, I think we can all agree with this

inflationbuster wrote: »

my views are my own and you should not act upon it without professional advice.

I think we can also all agree that no reputable professional advisor would endorse the strategy suggested as appropriate for the OP's objectives or appetite for risk

inflationbuster

ColdIron wrote: »

From an earlier post, I think we can all agree with this


I think we can also all agree that no reputable professional advisor would endorse the strategy suggested as appropriate for the OP's objectives or appetite for risk

I'm sure no reputable advisor would suggest investing the lot in one fund either.