Boast / weep about your recent investment decisions HERE

ro2778

Yawn... see previous post. It's on the previous page so quoted for ease of reading.

ro2778 wrote: »

Seeing as you're trying to be as nice as possible I'll respond. The thing is, you, and the others above sharing their wisdom don't understand my position as I didn't write the post above to explain my investment decisions, or to seek advice. I simply intended to contribute to the request of the original poster to share some boasts or weeps, therefore your judgement has no context and doesn't apply. Put another way, you're telling me French cuisine is the best but I'm Japanese and I like Fugu.

[Deleted User]

Interesting thread.

Tend more towards savings than investments myself as I am somewhat risk averse, but two years ago I decided to put a modest percentage into a S&S ISA as I wasn't getting much interest on it from my savings account, and felt it was worth taking the risk for better return.

Having owned shares which I received as a perk from work before the banking crash, I understood the risk, as I've had the experience of them losing 90% of their value over a year before I had the option to cash them :eek:!

I was willing to take some risk with my isolated pot for the prospect of potentially high returns, so chose to invest in high risk global technology and emerging market funds through Fidelity.

Glad to say that the investment has done better than I could have possibly hoped... I invested, and have been managing it passively. Today it is worth double the amount that I started with. :j

I decided to cash some of my investment in as I now have a bit more cash at risk than I'm willing to be exposed to with this investment, nice problem to have after just two years.

Happy new year to all and wishing you a prosperous 2017.

enator

Not exactly recent, but I bought £5k worth of Marconi shares and was bemused to eventually receive a cheque for £2, that being the final value

Marine_life

Here's my thought (also about long term investing).

In around 2000 I invested just under €5,000 in an internet fund (then call DIT internet fund) shortly before the market crashed and I lost pretty much all the money. I completely forgot about it, dismissing it as an expensive learning mistake. For some reason I never received any paperwork and the the only evidence I had that I had invested in the fund was an entry on my bank statement showing the money had been paid.

In about 2013 I started to try and trace the fund just out of curiosity but had trouble actually finding any reference to the fund or anyone who would talk to me about it (given that the fund had been through several iterations and we had been through several changes of address). However, after about 12 months I finally managed to track down the fund (now call the Allianz global insight fund) and now receive statements on a regular basis.

As of December 2016 my investment in the fund was worth €5,227 which is not a great return for 16 years of ownership but it shows that in investing you really do need to take the long term (and sometimes very long term) view.

Reckless_Saving

ro2778 wrote: »

So I piled back into lloyds

I share your pain, though I topped up in the month after brexit, can't grumbing at 25% share price increase in 6 months :T - long term it'll do well in price and dividends.

By the way you don't need to buy shares before the end of the tax year, you can leave the cash in the S&S ISA account till you're ready.

Bazofts_Revenge

Bought Card Factory shares a few months ago. I think I lost nearly 30% at one point in between. I've never really liked the shop as 'it was too busy' but finally saw too busy as meaning 'turning over stock' and the past profits and dividends looked good. Shopping in one of their stores at Christmas and they really had the till system sorted out and customers where being processed really quickly so hopefully I'll buy some more once my latest Pension transfer goes through.

bigfreddiel

I just doubled my investment in just a few hours with a national lottery scratch card.

fj

Speculator

Bought lots of Unexpected Gathering Lego sets for £25 each 2 years ago. Now selling for at least £100 each on ebay.

EdGasket

ro2778 wrote: »

Yawn... see previous post. It's on the previous page so quoted for ease of reading.

You're not investing, you're gambling; totally different things. Until you understand the difference you need to back off buying shares.

seacaitch

ro2778 wrote: »

The thing is, you, and the others above sharing their wisdom don't understand my position as I didn't write the post above to explain my investment decisions, or to seek advice. I simply intended to contribute to the request of the original poster to share some boasts or weeps, therefore your judgement has no context and doesn't apply. Put another way, you're telling me French cuisine is the best but I'm Japanese and I like Fugu.

&

EdGasket wrote: »

You're not investing, you're gambling; totally different things. Until you understand the difference you need to back off buying shares.

The thing is, ro2778, when you post on a public forum you don't get to decide who replies to you or what they write in reply; people can respond however they choose to, while of course you're free to completely ignore them.

However, most forums - this included - have many more readers than contributors. Many replies to post such as yours aren't really or even aimed at you the original poster but are instead aimed at ensuring the broader set of non-contributing readers get to read sensible advice from people who've been there and done much of it before and wish to share their experience, particularly when this counterbalances the writings of those who perhaps haven't.

Most investors who've been around a long time have made many mistakes over the years and learned greatly from them. But they'll often have learned even more from the mistakes of others. That is, the wisdom that others have passed on through writing papers, books, blogs, forums, meaning that not every mistake has to be made again by every investor. Everyone needs to find their own path but it's more efficient to do so by standing on the shoulders of others.