Current market carnage - anyone selling or buying?

tg99

EdGasket wrote: »

Try this link and read the last section:

https://en.m.wikipedia.org/wiki/Financial_spread_betting#Financial_spread_betting

The bookies themselves say only one in ten make a profit. These guys aren't in business to hand over money to you week in, week out for nothing. They make huge profits and earn big bonuses. Who do you think ultimately pays for that?

I can't see any reference to 1 in 20 or 95% in that section. Anyhow as I have noted above I do not disagree that more people lose than win who gamble short term via spread betting. My point is that spread betting does have its uses as part of a sensible long term investment strategy such as the examples I have given in earlier posts on this thread and it is not all gambling.

A_Flock_Of_Sheep

mollycat wrote: »

Genuine offer, no unpleasantness intended.

Just to get started can you try Q1.

What is your most treasured possession....

A. Mirror.

B. Childhood Teddybear

C. Portfolio.

D. Diazepam tablets, (value sized pack).


ps To OP; sorry have wandered away from topic.....but it wasnt me who started it!:)

E. None of the above.

A_Flock_Of_Sheep

tg99 wrote: »

I can't see any reference to 1 in 20 or 95% in that section. Anyhow as I have noted above I do not disagree that more people lose than win who gamble short term via spread betting. My point is that spread betting does have its uses as part of a sensible long term investment strategy such as the examples I have given in earlier posts on this thread and it is not all gambling.

You won't convince them here.

So let's just get back on topic everyone.....

How's the market carnage affecting you all?

EdGasket

A_Flock_Of_Sheep wrote: »

Well we all have a choice don't we. I'm quite happy with it just like you are happy with whatever investment methods or tools you use.

Yes but there will be inexperienced readers who might be tempted into CFDs by your glowing posts; its only fair to point out the realities and dangers.

A_Flock_Of_Sheep

EdGasket wrote: »

Yes but there will be inexperienced readers who might be tempted into CFDs by your glowing posts; its only fair to point out the realities and dangers.

Same can be said for investing in funds and shares you know. Folk in this thread are realizing significant losses and also in earlier "market dropping" threads yet some in these threads were not afraid of risk when it was all dandy.

EdGasket

tg99 wrote: »

I can't see any reference to 1 in 20 or 95% in that section. Anyhow as I have noted above I do not disagree that more people lose than win who gamble short term via spread betting. My point is that spread betting does have its uses as part of a sensible long term investment strategy such as the examples I have given in earlier posts on this thread and it is not all gambling.

There was reference to only 1 in 10 spread-bettors being profitable by the industry themselves. 95% losing figure is well known to anyone who has looked into it. E.g. see the first paragraph:

http://www.spread-betting-strategies.org/financial-spread-betting-strategies/

You don't want to hear that because you are so much in love with the idea that you can beat the system but my money is on the bookies.

Sam_J12

A_Flock_Of_Sheep wrote: »

So let's just get back on topic everyone.....

How's the market carnage affecting you all?

I'm down 2.4% this year so far. That is being invested largely in Japanese small companies (via mutual funds) and a Japanese MSCI tracker. Puts me in a similar position to mid-December. I'm planning on investing an additional £2k this month, probably into a global bond fund rather than a stock fund due to the recent carnage. I'm planning on switching the Japanese MSCI tracker to a European small companies fund which has been performing well recently.

Sam_J12

EdGasket wrote: »

There was reference to only 1 in 10 spread-bettors being profitable by the industry themselves. 95% losing figure is well known to anyone who has looked into it. E.g. see the first paragraph:

http://www.spread-betting-strategies.org/financial-spread-betting-strategies/

You don't want to hear that because you are so much in love with the idea that you can beat the system but my money is on the bookies.

Reminds me of the similar argument in online poker, where the vast majority of players are losers - largely because of the "rake", the money that the platforms take from the game (which is huge). That does not stop some players being able to make substantial amounts of money from it, and there being many professional players.

A_Flock_Of_Sheep

EdGasket wrote: »

There was reference to only 1 in 10 spread-bettors being profitable by the industry themselves. 95% losing figure is well known to anyone who has looked into it. E.g. see the first paragraph:

http://www.spread-betting-strategies.org/financial-spread-betting-strategies/

You don't want to hear that because you are so much in love with the idea that you can beat the system but my money is on the bookies.

People are just as in love with the idea they can "beat the system" and make money out of funds. But of course it is a "broker" not a bookie that people pay their commission to in those cases.

Thrugelmir

TheTracker wrote: »

In or ex- dividends?

In the main I only buy ex dividend. Otherwise their has to be a compelling buy reason. Such as a high discount to NAV.