Suggestions for a speculative punt?

Thrugelmir

adindas said:

Heat Map of S&P 500 Performance for the whole week last week. The quotation from  contrarian investing strategy :

Baron Rothschild "the time to buy is when there's blood in the streets"

John D. Rockefeller "The way to make money is to buy when blood is running in the streets"

Warren Buffett "Be fearful when others are greedy, and greedy when others are fearful,"

Many S&P 500 share prices have remained beneath their January 2020 levels. Have never actually recovered. 

adindas

Does anyone here pay attention to Nano Dimension (NNDM) ? ARK Invest have been keep adding their position in this stocks.  It is a penny stock so it has  a lot of room to grow ?

bowlhead99

bowlhead99 said:

My other punt for the week is just a literal bet on Biden to win the election ; the bookies odds are not as long as they were a few months ago but  I've added a bit to my existing position. You can get a 50% gain if he wins vs a 100% loss if he doesn't.  I called it wrong last time when Clinton was the favourite so hopefully this time is different

In looking at what the bookies are offering, you can get 1 to 25 on Biden winning at least one state that Trump won last time around.  In these days of banks offering 1% interest for a fixed one year deposit, a 4% return in a week seems very attractive and surely he'll get one of them, right....?

Well, these seem to have worked out well, though it was looking much tighter first thing this morning. I've hedged out most of my position and left a bit to ride. I only put a hundred on the '4% return' shot, but had a few thousand on the main event. 

adindas said:

Does anyone here pay attention to Nano Dimension (NNDM) ? ARK Invest have been keep adding their position in this stocks.  It is a penny stock so it has  a lot of room to grow ?

I don't follow it, but the thing about $200m market cap penny stocks having 'room to grow', is that they are priced on the expectation that most of the time, they'll do the opposite.

Thrugelmir

Both Legal & General and M&G have their attractions at the moment. 

Total was yielding over 11% a few days ago, currently still over 9%. Even factoring in French tax that will be deducted.  

[Deleted User]

You were lucky, bowlhead99; you thought you were backing a "1/10 shot" at 1/2 but the rampers and pollsters who said Biden was a certainty have (probably) narrowly got away with it. 
Bigger bonus is Wall St rising on the "blue wave".  

Malthusian

The death of opinion polling has been predicted for so long that I'm wondering when the people who triumphantly and confidently predict the death of opinion polling are going to notice the irony.

Almost every single opinion poll is wrong: every opinion poll is replaced with another one a week or a month later which will show a different result, right up to the actual election. Despite always being wrong, they are run for the same reason as economic forecasts (which are also always wrong). We have to make decisions in the present, such as where to set central bank interest rates or where to spend money on getting out the vote. Those decisions have to be based on something, and the actual future is unavailable to us, so polls and forecasts are the next thing.

[Deleted User]

Malthusian said:

The death of opinion polling has been predicted for so long that I'm wondering when the people who triumphantly and confidently predict the death of opinion polling are going to notice the irony.

Almost every single opinion poll is wrong: every opinion poll is replaced with another one a week or a month later which will show a different result, right up to the actual election. Despite always being wrong, they are run for the same reason as economic forecasts (which are also always wrong). We have to make decisions in the present, such as where to set central bank interest rates or where to spend money on getting out the vote. Those decisions have to be based on something, and the actual future is unavailable to us, so polls and forecasts are the next thing.

Wow, Malthusian wants readers to think he is so ahead of the curve; it is a slight disappointment to find his position is approximately nowhere.

Steve182

Michael121 said:

I'm curious are any of you beating a world tracker over a meaningful time with your speculative shares? Do some of you even use trackers or do you just do everything yourselves. 

Yes, quite easily over the 4 years since I started investing, but that's due to having a portfolio biased towards US and China tech and cyclicals. Not what you would call a balanced portfolio. Obviously it's not without risks.

MPN

Thrugelmir said:

Both Legal & General and M&G have their attractions at the moment. 

Total was yielding over 11% a few days ago, currently still over 9%. Even factoring in French tax that will be deducted.  

I am monitoring both of these options as well along with Phoenix. As you say the yield is good but also the share price is quite low. What did you men about French tax - excuse my ignorance.

adindas

With many UK stocks is now closed to rock bottom, announcement from Chancellor regarding further COVID-19 support, it seems that the UK blue chips stock in FTSE 100 start to look more attractive now. I already have some of them most of them are in red . But tthe good thing about the UK stocks is that it is not effected by the exchnange rate fluctiation.

As I hardly ever sell the stock when they are in red, I am planning to add my position in the UK stock to cost averaging down?

I did my research about the fair value of these stocks based on opinion from analysists, it seems majority of them are very undervalued.

What do you think about the UK stock? What are you planning to do? Are you buying / selling it, add your position?