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A general query about an investment fund


Comments
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1 whole amount.One person caring about another represents life's greatest value.1
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Which investment did you buy?
Which platform/website did you buy it through?"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0 -
I spent around 3 days researching the stockmarket, terminology and how to go about investing.
Are you investing for the long term, or day trading/gambling on short term price movements ?
It sounds like the latter and therefore pretty risky for a newbie.
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I spent around 3 days researching the stockmarket, terminology and how to go about investing.
3 days? hmmmm.
After my first 24 hours I made a small return of 38p. This money appears in my account alongside my original stock investment.In your 3 days of learning, did you not spot the sites telling you that day trading is a mugs game and that most people lose significant amounts doing this? (start small, get hooked, start losing, throw good many after bad to try and get out of the hole, introduce gearing etc etc).
Day trading is not investing. It is more like gambling. Sensible investors do not day trade and newbies should be nowhere near day trading.
I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.2 -
Day trading whilst on a mortgage break. Talk about living life on the edge.0
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