Impulse buying shares I3 ENERGY PLC

sevenhills

Just curious to know if its just me that gambles with investments?


I don't claim to know anything about shares, how can Joe public do anything else but gamble when they buy shares.
I have just bought £600 worth of I3 ENERGY PLC


https://www.londonstockexchange.com/exchange/prices-and-markets/stocks/summary/company-summary/GB00BDHXPJ60GBGBXASQ1.html


I have 9 lots of shares in different companies, from supermarkets to oil.

TBC15

Joe public gambles every time they buy individual shares.

The amount of due diligence required to buy shares in a sensible manner requires a considerable amount of spade work.

I realized the amount of work required to do it properly was way beyond my attention span.

sevenhills

TBC15 wrote: »

Joe public gambles every time they buy individual shares. I realized the amount of work required to do it properly was way beyond my attention span.

But is an advisor much better than chance?


The risk can be reduced if you hold the shares for years, or as long as required, the more shares held the better.
I have never added up my losses and gains, but if I trade enough, I will be comparable to the average

sixpence.

sevenhills wrote: »

But is an advisor much better than chance?


The risk can be reduced if you hold the shares for years, or as long as required, the more shares held the better.
I have never added up my losses and gains, but if I trade enough, I will be comparable to the average

I'm not the sharpest tool in the stocks and shares investment shed but I don't see how anything here can possibly be true.

1) Google unsuccessful shares over the past fourty years. Many companies never recover from huge loses. The tech boom is a good example of this.
2) Why on earth aren't you adding your losses and gains? How are you going to know how well you're doing?!?!!
3) If you want the average then get an index fund and do something else. It saves time.
4) If an advisor wasn't better than chance then why would they study for years and years etc.

Thrugelmir

Why did you decide to buy the shares today? Have you been tracking the shares for a while?

Will you add to your initial investment of £600. As it's not a large amount to hold in one company. Are you expecting the Company to perform (financially) exceptionally for some reason. 10 baggers are hard to find. Easier to find companies that will reward satisfactorily in the longer term if one is patient. Though you'll need to define a set of rules and stick to them.

What's your current portfolio?

AnotherJoe

sevenhills wrote: »

But is an advisor much better than chance?


The risk can be reduced if you hold the shares for years, or as long as required, the more shares held the better.
I have never added up my losses and gains, but if I trade enough, I will be comparable to the average

No you won't, because dealing in relatively small amounts your dealing costs and the spread will mean you'll do worse than the average, on average.

AnotherJoe

sevenhills wrote: »

Just curious to know if its just me that gambles with investments?

I take some long range punts. Mostly on sectors but I own a few companies shares as well. I dont day trade any more
I have 9 lots of shares in different companies, from supermarkets to oil.

What do you mean, from supermarkets to oil? It's not a spectrum !
FWIW if I was asked which two sectors people shouldn't invest in, guess what they would be ?

Thrugelmir

AnotherJoe wrote: »

FWIW if I was asked which two sectors people shouldn't invest in, guess what they would be ?

What's wrong with "oil"?

AnotherJoe

sixpence. wrote: »

I4) If an advisor wasn't better than chance then why would they study for years and years etc.

Because they don't study to find out which investments will do well, they study to learn about risk, balanced portfolios, tax, retirement, annuities and related areas.

sixpence.

AnotherJoe wrote: »

Because they don't study to find out which investments will do well, they study to learn about risk, balanced portfolios, tax, retirement, annuities and related areas.

Yeah but if you have a degree in finance/accountancy/business then you're able to read a balance sheet, reports etc. A lot of advisors are also ex-traders aren't they? I just think it's silly to assume that you're smarter than an expert. Silly because you will lose money.

mark5

Yes I do it regularly, usually the same few companies and probably a lot more than I could afford to lose.

I generally do okay though and make more than I lose, i’ve been doing it since I was 19.

I’m generally not greedy and happy to take small profits.
I bought RDSB on Monday after hearing of the Saudi issues.