NAPs/Best Pick for investing 2021. Closed or lock this thread please.

grumiofoundation

Ironically this is what I get when i search NAP...
https://en.wikipedia.org/wiki/Non-aggression_principle

Retireby40

grumiofoundation said:

Ironically this is what I get when i search NAP...
https://en.wikipedia.org/wiki/Non-aggression_principle

Well you too seem to have learned something today.

So when someone asks you your NAP of the season or year you will know that they don't mean sleep or aggression.

It is commonly used it gambling but is often used on stock forums. As probably a lot of stock investors (gamblers) follow betting too.

[Deleted User]

Retireby40 said:

NAP means best pick. Something that has a degree of confidence or certainty about it. You would have gauged that from reading what I wrote.

Its used a lot in racing and gambling predictions.

At least you guys have learned something new. Everydays a school day they do say.

Hi,

an example from today's horse racing, taken from a racing page.

A chance is taken on PIVOTAL DECISION (NAP). Placed in novice company, she makes her handicap debut with James Tate’s yard in flying form and her half-sister Highland Dress has won on the Fibresand.

Retireby40

csgohan4 said:

Retireby40 said:

eskbanker said:

Retireby40 said:

NAP means best pick. Something that has a degree of confidence or certainty about it. You would have gauged that from reading what I wrote.

Its used a lot in racing and gambling predictions.

At least you guys have learned something new. Everydays a school day they do say.

Perhaps your lesson for the day should be how to use capitalisation correctly then, i.e. if you're referring to a standard noun then use 'naps' (or 'Naps for investing' if starting a sentence or title) but the styling of 'NAPs' implies an abbreviation or acronym.

So you have nothing to contribute to the thread? Maybe if you followed racing or betting you would see that it is often used in capitals. That's not your fault but its ignorant to start talking crap if you don't know what it even means. Its also a term used a lot in stocks forums. 

Now just because you didn't understand the term doesn't mean you should start telling people how to write. Even if it wasn't in capitals you clearly wouldn't have understood. Type it into Google and you will see half the things relating to it are as NAP.

So if you have nothing to add probably best clearing of and trolling another thread.

Op you have been given good advice, esp by Bowelhead, going all in on someone else's watch list is ill advised. 

NO shame in putting it in a global index tracker while you get your head around investing. 

Monevator is a good resource and I started from there.

But to go investing in individual stocks straight off the bat, do you want to sleep at night? The investment could tank 20% over night. 

Long term investments are for 5-10 years, if you want a return in 1-2 years you will need accept more risk. 

You need to have strategy for investing, there is no such thing as risk free and it will depend on your risk appetite

Investing is not like betting at the horses. NAP is not commonly used on here. If you are not careful, you can and will lose money. Do your own research and take the gain with the pain

Thanks for your and Bowlheads advice. I'm not planning on lumping all my money into anything. Just trying to get feelers out and see other people's view. 

There were people on the forum investing in Tesla long before the rocket in price etc. And while a lot of stocks go south sometimes by hearing what others think it can help you.

I guess really while this forum can be helpful it has its limitations. Especially given most of the interactions on here have been useless.

Its a shame that people feel the need to jump on a thread and derail it because they don't understand something.

Thanks for any positive and meaningful contributions. Il stick to the stock forums. 

csgohan4

[Deleted User] said:

Retireby40 said:

NAP means best pick. Something that has a degree of confidence or certainty about it. You would have gauged that from reading what I wrote.

Its used a lot in racing and gambling predictions.

At least you guys have learned something new. Everydays a school day they do say.

Hi,

an example from today's horse racing, taken from a racing page.

A chance is taken on PIVOTAL DECISION (NAP). Placed in novice company, she makes her handicap debut with James Tate’s yard in flying form and her half-sister Highland Dress has won on the Fibresand.

sadly if OP likes to gamble their money, it might be better to go to a casino or bet on the horses

Investing in individual stocks and even funds takes time and research to ensure your money grows in the right place and not worry about  it tanking significantly over the next 5 years. 

of course if you want to bet all in, say Amazon/ tesla for example and your happy with the risks, then your choice and your problem if it tanks. I sincerely hope you do your own research and not rely on others solely unless your paying for their advice. 

I also hope you do not apply a gambler's mentality to stocks as you made reference to horses, whether directly or indirectly, it will not end well

Beware of what you read or watch, they will say it is the next Amazon, tesla e.t.c. Nikola being a fine example of where investors got burnt

Retireby40

I am not a gambler. Can't remember the last time I backed a horse or football. Maybe 3 or 4 years ago. Its just a term that is used with your best pick. 

All I was looking was someone to say x represents potential or y does but something needs to happen first. An opinion. Not someone telling me what to do.

Some people are experts in a certain area of stocks or life. Maybe they have positive feelings or have some knowledge about the potential somewhere.

It doesn't mean if you tell me easyjet will rocket in price I'm going to do it. But it gives me something to research and look at. 

Best leaving this thread as it is. Thanks for replies.

Username999

Before the Internet (early 1980's) I worked with a guy who invested in horse racing.
His father taught him what to do and it was a time when few people played the stock market.
His method was something like: only bet on 3 horse races, always bet on the 2nd favourite and he had some formula on the amount of money he bet based on the odds.
It turned into an almost mechanical way to "gamble".
He knew the blood lines of every horse and studied "form", he was a walking encyclopedia and NOT greedy.   

He made a good income from it, more than his directorship of the Civil Engineering we worked for.
I guess there's plenty of people like him.
Of course he wouldn't have, or want, a clue about the stock market.
He is now R.I.P. and had a great life. 

Thrugelmir

Retireby40 said:

csgohan4 said:

Retireby40 said:

eskbanker said:

Retireby40 said:

NAP means best pick. Something that has a degree of confidence or certainty about it. You would have gauged that from reading what I wrote.

Its used a lot in racing and gambling predictions.

At least you guys have learned something new. Everydays a school day they do say.

Perhaps your lesson for the day should be how to use capitalisation correctly then, i.e. if you're referring to a standard noun then use 'naps' (or 'Naps for investing' if starting a sentence or title) but the styling of 'NAPs' implies an abbreviation or acronym.

So you have nothing to contribute to the thread? Maybe if you followed racing or betting you would see that it is often used in capitals. That's not your fault but its ignorant to start talking crap if you don't know what it even means. Its also a term used a lot in stocks forums. 

Now just because you didn't understand the term doesn't mean you should start telling people how to write. Even if it wasn't in capitals you clearly wouldn't have understood. Type it into Google and you will see half the things relating to it are as NAP.

So if you have nothing to add probably best clearing of and trolling another thread.

Op you have been given good advice, esp by Bowelhead, going all in on someone else's watch list is ill advised. 

NO shame in putting it in a global index tracker while you get your head around investing. 

Monevator is a good resource and I started from there.

But to go investing in individual stocks straight off the bat, do you want to sleep at night? The investment could tank 20% over night. 

Long term investments are for 5-10 years, if you want a return in 1-2 years you will need accept more risk. 

You need to have strategy for investing, there is no such thing as risk free and it will depend on your risk appetite

Investing is not like betting at the horses. NAP is not commonly used on here. If you are not careful, you can and will lose money. Do your own research and take the gain with the pain

There were people on the forum investing in Tesla long before the rocket in price etc.

There's a difference between a company with future potential and one that is already profitable. Buy a stock then tipping it is a good way of making money. 

csgohan4

Retireby40 said:

I am not a gambler. Can't remember the last time I backed a horse or football. Maybe 3 or 4 years ago. Its just a term that is used with your best pick. 

All I was looking was someone to say x represents potential or y does but something needs to happen first. An opinion. Not someone telling me what to do.

Some people are experts in a certain area of stocks or life. Maybe they have positive feelings or have some knowledge about the potential somewhere.

It doesn't mean if you tell me easyjet will rocket in price I'm going to do it. But it gives me something to research and look at. 

Best leaving this thread as it is. Thanks for replies.

trouble is one man's meat is another man's poison. Some people may have significant exposure to say Tesla but others may say a bubble is forming.

The key is does a particular investment suit your risk profile. If your happy to ride the tech wave then do so at your own risk. However others are diversifying as well into other sectors, such as renewable energy, and not just heavily into just a particular sector.

On a side note on EZJ, there is some way to go but I think they will reach their pre covid price in 2-3 years, so still some profit to be had, but again depends on how you see the industry and your risk appetite. Others went into other penny stocks and did well just as the crash happened, William hill for example ironically while we're on the note on gambling. 

[Deleted User]

Hi,

an example from today's horse racing, taken from a racing page.

A chance is taken on PIVOTAL DECISION (NAP). Placed in novice company, she makes her handicap debut with James Tate’s yard in flying form and her half-sister Highland Dress has won on the Fibresand.

Update: For anyone interested, the horse lost.

NAP does not mean certainty.