Suggestions for a speculative punt?

AnotherJoe

Not just a First World Problem but arguably applicable to anyone who has a small amount in a pension (or ISA) that long term will make little difference so might as well go all in on a succession of shares to build the amount into something worthwhile. Eg if I could double the amount a few times then it's no longer chump change. So I've got a few quid in an ISA  that would be boring to just top up existing investments so I'm thinking I can see what I can do with it. First though is the Chinese EV Company NIo ticker NIO.  Any other ideas? 

mooneysaver

Actually this thread isn't about "doubling chump change", but more as a discussion of where it all went horribly wrong for the UK? From the mighty British Empire to a mid tier country with a sub par economy. To be honest if it can happen to us then perhaps you're right and in 40 years the US economy could fall off the perch and India, China and Brazil take over and rule the world. Our with old in with the new kinda thing. 

Who knows... I guess it's just the natural cycle of things. There's only a certain amount of time you can remain dominant for, British Empire, Roman Empire, Persian Empire etc. They all ended up falling.

grumiofoundation

mooneysaver said:

Actually this thread isn't about "doubling chump change", but more as a discussion of where it all went horribly wrong for the UK? From the mighty British Empire to a mid tier country with a sub par economy. To be honest if it can happen to us then perhaps you're right and in 40 years the US economy could fall off the perch and India, China and Brazil take over and rule the world. Our with old in with the new kinda thing. 

Who knows... I guess it's just the natural cycle of things. There's only a certain amount of time you can remain dominant for, British Empire, Roman Empire, Persian Empire etc. They all ended up falling.

wrong thread 

https://forums.moneysavingexpert.com/discussion/6167099/comparing-the-biggest-us-companies-to-the-biggest-uk-companies#latest

Thrugelmir

mooneysaver said:

Actually this thread isn't about "doubling chump change", but more as a discussion of where it all went horribly wrong for the UK? From the mighty British Empire to a mid tier country with a sub par economy. To be honest if it can happen to us then perhaps you're right and in 40 years the US economy could fall off the perch and India, China and Brazil take over and rule the world. Our with old in with the new kinda thing. 

Who knows... I guess it's just the natural cycle of things. There's only a certain amount of time you can remain dominant for, British Empire, Roman Empire, Persian Empire etc. They all ended up falling.

In the other thread CreditCardChris said........

"Actually this thread isn't about "why you should invest in the US", but more as a discussion of where it all went horribly wrong for the UK? From the mighty British Empire to a mid tier country with a sub par economy. To be honest if it can happen to us then perhaps you're right and in 40 years the US economy could fall off the perch and India, China and Brazil take over and rule the world. Our with old in with the new kinda thing. 

Who knows... I guess it's just the natural cycle of things. There's only a certain amount of time you can remain dominant for, British Empire, Roman Empire, Persian Empire etc. They all ended up falling."


    

quirkydeptless

Thrugelmir said:

In the other thread CreditCardChris said........

Hmm, I was beginning to suspect most of the accounts that post here are actually CreditCardChris

Username999

AnotherJoe said:

Not just a First World Problem but arguably applicable to anyone who has a small amount in a pension (or ISA) that long term will make little difference so might as well go all in on a succession of shares to build the amount into something worthwhile. Eg if I could double the amount a few times then it's no longer chump change. So I've got a few quid in an ISA  that would be boring to just top up existing investments so I'm thinking I can see what I can do with it. First though is the Chinese EV Company NIo ticker NIO.  Any other ideas? 

I think the whole EV sector is being buoyed up by the TESLA performance.
It's priced in that they will report a Q2 profit and hence inclusion into SP500.
So agree with NIO.
Also worth considering Hyliion (current ticket is SHLL but that will change soon).
Problem ahead is when NIKOLA tanks and is exposed for what it is, the rest of the EV sector may be punished too!!

keyboardworrier

My NIO shares are doing very well, early days yet though! They seem like an impressive company.

IShares ECAR is an EV ETF

https://www.ishares.com/ch/institutional/en/products/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-fund

DiggerUK

AnotherJoe said:........Any other ideas? 

I'll give it a think, right now I'm lost for words. Try some numbers instead.
AnotherJoe joins MSE 05/01/2016......price of gold £734 per Troy ounce.
AnotherJoe still here today...........price of gold £1434 per Troy ounce..._

AnotherJoe

DiggerUK said:

AnotherJoe said:........Any other ideas? 

I'll give it a think, right now I'm lost for words. Try some numbers instead.
AnotherJoe joins MSE 05/01/2016......price of gold £734 per Troy ounce.
AnotherJoe still here today...........price of gold £1434 per Troy ounce..._

Apple 05/01/2016  $93  (split adjusted)

Apple today $382

4.1x

Add 10% for £ $ decline in the meantime

4.5x

Thank goodness i didnt buy gold eh ?

Oh I forgot the dividends so thats another 5% over 4 years.

4.7x

DiggerUK

Do you now, or have you ever, owned Apple shares.
What happened to all the dogs along the way.

Gold can't catch Coronavirus..._

george4064

My small cap speculative buys are currently; Gfinity PLC and Boku Inc