Rate my SIPP - ITV high conviction

Juno_Moneta

Bostonerimus1 said:

Either way nothing worth commenting on further.

Why do you keep commenting then?

You’ve made it very clear you don’t like my SIPP, thank you for your contributions. 

Perhaps you should follow your own advice for once!

Bobziz

So if I was worth £10m and had grown a sipp from a low starting point investing in one company using a combination of fundamental and technical analysis to trade the highs and lows, then I might carry on. I would likely take some profit from time to time though.

Juno_Moneta

Yes absolutely agree - I do have some targets in mind and will take some profits off the table when the time is right. 

redpete

Juno_Moneta said:

Hey Boston - please give the troll thing a rest.

You titled the thread "Rate my SIPP", you knew the type of reaction you would get, you then complain when you get that reaction.

kempiejon

Bostonerimus1 said

Comparing stock fundamentals is a fast way to delude yourself and lose money.

I am intrigued, is there another (better?) way to asses stock for purchase and sale?
I looked at TA but couldn;t apply it successfully so looking for pointers..
I have often looked at balance sheets and of course ratios from some of the data aggregators, previous levels of debt and turnover, assets liabilities etc.
So I am interested in another approach, always looking for ways to minimise the downside.

julicorn

kempiejon said:

Bostonerimus1 said

Comparing stock fundamentals is a fast way to delude yourself and lose money.

I am intrigued, is there another (better?) way to asses stock for purchase and sale?
I looked at TA but couldn;t apply it successfully so looking for pointers..
I have often looked at balance sheets and of course ratios from some of the data aggregators, previous levels of debt and turnover, assets liabilities etc.
So I am interested in another approach, always looking for ways to minimise the downside.

For the vast majority of investors, not picking individual stocks at all is the right thing to do. 

kempiejon

Missing out on the growth of the stock market?

Juno_Moneta

redpete said:

Juno_Moneta said:

Hey Boston - please give the troll thing a rest.

You titled the thread "Rate my SIPP", you knew the type of reaction you would get, you then complain when you get that reaction.

That’s incorrect. 

I’ve said clearly positive and negative assessments of my SIPP are welcome. 

However, inevitably, there is one poster name calling and making it personal - which is not really acceptable is it?

On page 7 - this includes ‘troll’, ‘sad’ and ‘dumb’, and deluded on a subsequent post. 

I hope the majority agree these are not constructive comments about my SIPP, they are emotional and disruptive.

pterri

Miiade said:

It’s good to see a different approach.

Personally I would hedge my bets and put 50% into Tesla stock. Clearly it’s a volatile stock but has massive upside potential. They are close to solving full autonomy and are looking to produce humanoid robots at scale. If either of these 2 come off the stock could easily 3x from here. He who dares wins Rodney….

I’m thinking of investing in tulip bulbs and cold fusion. Ideal for building a RETIREMENT portfolio that has to last and give a reliable inc9me stream for perhaps 40-50 years 

cfw1994

Juno_Moneta said:

Yes absolutely agree - I do have some targets in mind and will take some profits off the table when the time is right. 

Take profits off….& do what?
A pension is a tax shelter.
What you are doing is taking a punt on one company.
That is fine for “play money” (IMHO🤷‍♂️) - imagine sticking a couple of grand on Tesla/Apple/Amazon at the right time - but plain daft for a long term sustainable pension provision.  & why ITV? I can’t see them being the next Apple 👀

Again, IMHO - no offence intended….

FWIW, I think a single stock pension plan is utter madness, but you’re free to do as you wish🫣
I’m more a believe in the method suggested by Lars - see https://kroijer.com 
Take 20 minutes to watch the videos.  You can thank me later.  Or not, ‘cos you seem happy with the bed you’ve made 😜
In short: invest in the world at the lowest cost 💪