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I don't understand why people can't be bothered!

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Comments

  • gadgetmind wrote: »
    Speaking as someone whose employer earns royalties on every iPhone, iPad, and most Android devices, please can people keep on doing a bit of both. Thanks.

    From little Acorns....?

    C
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    From little Acorns....?

    Good guess, but no. :)
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • gadgetmind wrote: »
    Good guess, but no. :)

    Do they cost an ARM and a leg?
  • Pinkle
    Pinkle Posts: 43 Forumite
    Rampant Recycler
    gadgetmind wrote: »
    We buy individual shares, but hold 25+. Miners, oil and gas, and supermarkets get hammered, lots of other sectors do well, and few years later it all swaps over.

    Diversification.

    Yes, diversification, but do you outperform a FTSE All Share tracker?

    Daresay your approach is more fun, but is it better?
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    gadgetmind wrote: »
    . Miners, oil and gas, and supermarkets get hammered, lots of other sectors do well, and few years later it all swaps over.
    I'm hoping so because those are the ones I have still got :whistle:
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    I'm hoping so because those are the ones I have still got :whistle:

    _pale_

    I'm avoiding these sectors currently.....
  • snowqueen555
    snowqueen555 Posts: 1,572 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 15 November 2015 at 12:10AM
    What is it that stops anyone even starting a modest investment portfolio?

    I think a lot of people out there don't have enough spare cash to have a "portfolio". People who earn little probably prioritise cash savings. I am doing that, and I may start a SS Isa next year, but it will be small amounts, so does seem pointless.

    The culture here about stocks and shares is that it is a gamble, and the average Joe isn't very savvy about personal finance.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The culture here about stocks and shares is that it is a gamble, and the average Joe isn't very savvy about personal finance.

    Hopefully pension auto enrolment will reverse the trend. Ownership of UK companies by UK citizens is of benefit to all.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    Thrugelmir wrote: »
    _pale_

    I'm avoiding these sectors currently.....

    My direct shareholdings in those sectors are only 9% of my portfolio in total, overall it has still done much better than cash. You may be right to avoid them at this time, but I am reluctant to sell them when they are out of favour (only to put the money in something thats in favour _pale_), after all people are still going to need what they produce.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • gadgetmind wrote: »
    Good guess, but no. :)

    Then I imagine it is is a different technology company..

    C
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