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£50 Shares Punt.

I've a little money leftover each month (After paying into pension, S&S ISA etc.) and thought I would pop it into Freetrade. We're not talking much here, possibly about £50 a month. It is just fun and were the money left in my account, it would get frittered away on coffees and cake. 

Were it you, in which company would you invest your £50?

*Obviously, I understand this would be completely my own fault should I take any suggestions and as stated above, is just for entertainment purposes. 

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Comments

  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Cybersecurity companies.
  • Daliah
    Daliah Posts: 3,792 Forumite
    1,000 Posts First Anniversary Photogenic Name Dropper
    Investing into individual shares is one of the highest risk strategies, particularly if you don't have, on an ongoing basis, detailed information about your chosen company / companies.

    Perhaps your risk tolerance is very high, in which case, individual shares might be the right thing for you. More likely, however, you have a lower risk tolerance, as most people do. Investing in a global, multi asset, fund is very likely a much better idea. What investments do you hold in your pension and ISAs? Why would you not want to invest more in what you have already chosen?
  • wmb194
    wmb194 Posts: 6,055 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    This might be cheating a bit but I would find an investment trust I like. I prefer blue chip income type ITs but if you want higher risk you can find them for smaller companies, Vietnam, technology focused e.g., SMT. You'll certainly be a lot less likely to waste your money anyway.
  • Malthusian
    Malthusian Posts: 11,055 Forumite
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    I would fritter it away on coffees and cake, because losing £50 worth of coffee and cake would feel worse than having £100 worth of coffee and cake to cram into my gob would feel good.
  • Albermarle
    Albermarle Posts: 31,222 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    Assuming the money is definitely play money and you have decent sized pension, S&S ISA , some cash savings and a not too big mortgage. Then I think you could have more fun with £50 per month than buying random shares with it.

    Personally I would prefer a nice day at the races every month !
  • hallmark
    hallmark Posts: 1,499 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 30 June 2022 at 4:45PM
    I literally do this.

    £50 a month into Freetrade split across £25 Lloyds, £12.50 each Barclays & Natwest.  Because I think banks will do well from here for a fair while.

    £50 a month into Lightyear, split across £25 Amazon, £12.50 each Alphabet & Microsoft.  Because I think cloud computing alone will make all three huge amounts of money and although they might be highly priced currently I think these three companies will weather any storms easily and possibly come out stronger due to less opposition.

    These are very much mug trades, paid for, ironically, from money made on the side, match betting.  So I'm mugging with the profits of betting, basically for a bit of fun. Started each account with £1200 i.e. enough to cost average for two years.  Whether it goes any further than that will depend, for example, on whether I win enough betting to top them up.

    100% of my "real" investing goes into funds of some sort or commodities (no individual companies) as I'm very risk-averse with money that is effectively life savings / pension.

    Lightyear is a really impressive little platform for US stocks: allows microshares purchases and appears to have zero conversion fees in either direction.  No hassles yet on either platform with deposits or test withdrawals.
  • I've a little money leftover each month (After paying into pension, S&S ISA etc.) and thought I would pop it into Freetrade. We're not talking much here, possibly about £50 a month. It is just fun and were the money left in my account, it would get frittered away on coffees and cake. 

    Were it you, in which company would you invest your £50?

    *Obviously, I understand this would be completely my own fault should I take any suggestions and as stated above, is just for entertainment purposes. 


    Please consider buying shares in a startup that is developing a technology to combat climate change.  Obviously this is high risk investment.  Examples: currently on Crowdcube there is a firm called 3ti which is developing car parks with solar panels and electric vehicle charging points, and on Seedrs there is IPG who are developing a pollution-free alternative to the diesel engine that can run on non-fossil fuels.
  • Winebottle
    Winebottle Posts: 19 Forumite
    Fourth Anniversary 10 Posts Combo Breaker
    Ferrexpo, the Ukraine bet.

    I think it's a good way of investing. You've got just as much chance of picking a good one as a bad one and for £50, it isn't high risk 
  • Martico
    Martico Posts: 1,244 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 30 June 2022 at 5:15PM
    I do this, and it's been OK so far.
    I go for climate-focused companies.
    So I have around £100 in Greencoat UK Wind. They manage windfarms and pay a decent dividend. The price has dipped a bit (my 99.70 invested is now worth 97.02, and they've paid £1.21 for a quarterly dividend in that time)
    I also have around £100 in Wallbox, a Spanish company that provides smart home chargers for EVs. They're just starting to expand into the US having done well in Europe. Again, price has dipped a bit this year (101.50 -> 95.54 for my holding), but I think they're good for the long term.
    And Enphase Energy, a US company working on solar inverters, energy storage and software around those technologies. My £49.92 invested three months or so ago is now worth £59.35. They'll get my £50 next month. 
  • Martico
    Martico Posts: 1,244 Forumite
    1,000 Posts Third Anniversary Name Dropper
    I've a little money leftover each month (After paying into pension, S&S ISA etc.) and thought I would pop it into Freetrade. We're not talking much here, possibly about £50 a month. It is just fun and were the money left in my account, it would get frittered away on coffees and cake. 

    Were it you, in which company would you invest your £50?

    *Obviously, I understand this would be completely my own fault should I take any suggestions and as stated above, is just for entertainment purposes. 


    Please consider buying shares in a startup that is developing a technology to combat climate change.  Obviously this is high risk investment.  Examples: currently on Crowdcube there is a firm called 3ti which is developing car parks with solar panels and electric vehicle charging points, and on Seedrs there is IPG who are developing a pollution-free alternative to the diesel engine that can run on non-fossil fuels.
    Thanks Mark - I'll check those out as well. 
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