Why does anyone buy individual shares?

capital0ne

LobsterMemory wrote: »

Reckon it would take about an hour to knock out a perfectly feasible portfolio

Oh look, here's one I prepared earlier

https://uk.advfn.com/cmn/fbb/thread.php3?id=9227087

CAUTION: Contains sweary words from the first line if you count '!!!!' as a swearword

You could set up as an IFA and take a nice 4% income from this advice - nice one! :T:T:T

capital0ne

LobsterMemory wrote: »

Surely buying trackers is the only way to guarantee you won't beat the market?

You won't beat the market buying a bunch of shares, the experts can't like Neil Woodford so why do you think you can?

Do you have an edge over the 'professionals'? Do you have insider knowledge?

I doubt it.

capital0ne

AnotherJoe wrote: »

Far too many definitive statements there which are provably wrong. And funnily enough your references to authority as to why you cannot, uses people who have beaten the market, LOL.

Exactly my point, most of us who post one here don't stand a chance of beating the market - we just don't have the knowledge or time

Thrugelmir

John_Smith_2019 wrote: »

What I find interesting, is that so many people subscribe to the efficient market hypothesis when it comes to tracker funds.
But when it comes to the constituent large cap equities, they claim you need to be an expert to evaluate the share price.

If no one researched the companies how would the share price be struck? Tracker funds piggy back on others work.

talexuser

ZingPowZing wrote: »

An example of a growth stock would be Aapl.

Gosh, what wisdom. It would have come in useful 24 years ago.

capital0ne

benbay001 wrote: »

Thanks for telling me.
I will let iweb know they have my figures wrong.
:beer:

Edit: Adding a bit more detail.
I bought XPP at four different points between Nov '18 and June, avg price £22.60. Returnd 27% inc dividends (now sold).

I bought SDY in August for 47p. Currently 28% up.

I bought TIFS at two points over the last 2 months, currently 8% up.

I bought IAG two weeks ago, currently 4% up.

30% overall this year.

Luck, what about your losers or do you only have four shares, and what are the actual amounts.

capital0ne

EdGasketTheSecond wrote: »

It takes a lot of time and one has to be interested so not for everyone.

How much time have you spent?

[Deleted User]

capital0ne wrote: »

Exactly my point, most of us who post one here don't stand a chance of beating the market - we just don't have the knowledge or time

Not true.
The expectation should be that, with dividend income reinvested, a pin-sticker can outperform the market.
You realise that the whole financial services industry has a vested interest in stressing how "difficult" investment is?

capital0ne

Thrugelmir wrote: »

When did either say "you'll never beat the market"? Suggest you undertake some bedtime reading. Then you'll have a broader understanding of the two men. Buffett was both a student and employee of Graham.

Why are you picking on Woodford in particular? Hathaway has underperformed the S&P 500 over the past decade.

Buffett was both a student and employee of Graham. - Everyone know that!

Why are you picking on Woodford in particular? - Why nor?

Hathaway has underperformed the S&P 500 over the past decade - so what - individual shares would have proven even worse performance!

Eco_Miser

capital0ne wrote: »

You won't beat the market buying a bunch of shares, the experts can't like Neil Woodford so why do you think you can?

Neil Woodford did for about 20 years.

About half the people buying individual shares will beat the market - the other half will lag it.

Even those who lag the market are likely to beat bank account interest.