Current market carnage - anyone selling or buying?

A_Flock_Of_Sheep

I really don't know why you want to keep analyzing me so much Bowlhead. But I should feel flattered. If I annoy you so much you can always use ignore. I'd rather you did that really. Then I know you're not spending valuable investing time trying to keep up.

But I'm flattered. I truly am. Where, how and when and in what I invest I gave up long ago detailing on here. But I can assure you I far from panic.

bowlhead99

That's good to hear. As another poster said, your posts are usually entertaining, as long as they're taken with a heavy pinch of salt. As long as you're having fun and other less savvy readers are not led astray, fine with me. I don't have anyone on ignore as there's no point being in an online community and then only listening to views you already agree with.

I was merely offering a view as to why people did not take you seriously and found plenty to ridicule.

A_Flock_Of_Sheep

Shame there isn't a CFD sub forum here

A_Flock_Of_Sheep

All that Tim hale long haul mullarkey is ok and was a starting point for me when I'd never invested before. Vanguard made me 11 percent or so in a year and buying and selling funds, a few shares and ITs made me a bit. But let's face it Bowlhead, I am knocking on the door of my pension, have stacks of cash, no mortgage or debts. What's the point of the long haul for me that's so hackneyed here?

By the time the long haul comes to (any) fruition I'll have been bunged in the old furnace.

Then by chance I discovered CFDs through an iPhone App and won £100 for making money. Much more straight forward (and fun) than cumbersome funds etc. Low cost trading and the real jewel is the ability to make dosh even when it is all heading south and causing a panic.

Did you know Glencore has been one of the bigger CFD playthings of recent times?

Give it a go Bowlhead I use plus500.

gadgetmind

A_Flock_Of_Sheep wrote: »

Give it a go Bowlhead I use plus500.

Please don't. Use IG Group instead as my wife has shares in them and will enjoy the dividend stream that you'll provide.

EdGasket

A_Flock_Of_Sheep wrote: »

All that Tim hale long haul mullarkey is ok and was a starting point for me when I'd never invested before. Vanguard made me 11 percent or so in a year and buying and selling funds, a few shares and ITs made me a bit. But let's face it Bowlhead, I am knocking on the door of my pension, have stacks of cash, no mortgage or debts. What's the point of the long haul for me that's so hackneyed here?

By the time the long haul comes to (any) fruition I'll have been bunged in the old furnace.

Then by chance I discovered CFDs through an iPhone App and won £100 for making money. Much more straight forward (and fun) than cumbersome funds etc. Low cost trading and the real jewel is the ability to make dosh even when it is all heading south and causing a panic.

Did you know Glencore has been one of the bigger CFD playthings of recent times?

Give it a go Bowlhead I use plus500.

Anything you have made with CFDs, as with spread betting and any form of gambling is just a temporary loan. You will give it back with interest in the end!

george4064

Sam_J12 wrote: »

I've actually been considering the very same ETF! Bear in mind that the various momentum funds that have sprung up recently haven't actually performed that well in general. In the recent bull market of the last few years many momentum strategies seem not to have been particularly effective. I still believe momentum is one of the few reliable ways beat the market in the long term though.

I too have been considering this ETF, along with the other 'active' ETF Vanguard launched in December 2015. The one I'm particularly interested in is the Global Value Factor etf.


I'm looking forward to studying their first factsheets once available.

tg99

EdGasket wrote: »

Anything you have made with CFDs, as with spread betting and any form of gambling is just a temporary loan. You will give it back with interest in the end!

Spread betting (and CFDs) can be used for a variety of purposes not all of which are what you are implying as 'gambling'. E.g. Hedging purposes, getting exposure to shares / ETFs etc where more tax and cost efficient than doing so in the physical market, managing out of the market risk when conducting asset switches etc.

A_Flock_Of_Sheep

tg99 wrote: »

Spread betting (and CFDs) can be used for a variety of purposes not all of which are what you are implying as 'gambling'. E.g. Hedging purposes, getting exposure to shares / ETFs etc where more tax and cost efficient than doing so in the physical market, managing out of the market risk when conducting asset switches etc.

Exactly. People assume it is gambling but it is a serious investment mechanism.

It can simply cost more the longer you hold the CFD but it isn't for the long haul.

I think a lot of the people and naysayers call it gambling because they know little about it and use that terminology because that is what they have heard.

Plus 500 give a willing person money to try it out. Maybe IG group do the same. The investments open on plus500 are very broad.

bowlhead99

gadgetmind wrote: »

Please don't. Use IG Group instead as my wife has shares in them and will enjoy the dividend stream that you'll provide.

Yes, I bought IG at IPO as an existing satisfied customer at the time. Made a decent return on them over several years, and even opened an account with a rival spreadbet firm just so I could more easily add to my direct IGG position via further spreadbets because IG didn't make a market in their own price....

Although have been out of them for years and never got around to finding a reentry point. A good business and I never bothered keeping my accounts with the rivals open, while still use the IG one from time to time. Perhaps should now consider using IG to take a punt on Plus500 growing and moving to the main market after making their fortune from our resident ovine punter.

My shorter term leveraged trades on individual companies are largely behind me now though ; employer's compliance department needs to approve personal dealing transactions such that nothing can really be done in real time, making it more hassle than it's worth. So now it's generally funds, ITs, indexes, or other instruments for hedging purposes, and individual companies only get bought or sold on a longer term view when the timescales can easily accommodate the red tape.

A_Flock_Of_Sheep wrote: »

All that Tim hale long haul mullarkey is ok and was a starting point for me when I'd never invested before. Vanguard made me 11 percent or so in a year and buying and selling funds, a few shares and ITs made me a bit. But let's face it Bowlhead, I am knocking on the door of my pension, have stacks of cash, no mortgage or debts. What's the point of the long haul for me that's so hackneyed here?

By the time the long haul comes to (any) fruition I'll have been bunged in the old furnace..

The point of the long haul is that even at retirement age you might have a life expectancy of several decades. But if you have a short expected lifespan and stacks more cash than you can usefully use, you might as well throw it into the markets or a casino and have some fun with it rather than actually try to grow the wealth in a more "cumbersome" diversified fund.

If you've dutifully collected your debt free and mortgage free wannabe badges while on here for the last few years, but now cleared those off and suddenly find yourself with stacks more cash than you need or can spend and no need to conservatively preserve your capital, perhaps your wealth just came in a sudden lump from a windfall like a divorce or inheritance or redundancy or something?

Not my business to pry or speculate. I would just observe that a little old lady who is cash rich, excitable, doesn't plan on living very long, and discovers new types of financial instruments through iPhone app promotions... must be an absolute dream of a customer for CFD firms.

I guess there's always the tabloid interview money to fall back on, when the headline reads poor naive old lady taken in by CFD firm. Those scumbags and their regulator should have known she wasn't compos mentis and must now rebate her all the Glencore losses.