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Post by wizzardofdribble on Oct 11, 2019 10:04:55 GMT
You can make a lot of money from crypto currencies if you buy the right one at the right time (like any other form of investment) and you can lose a lot of money very quickly too. Too risky for me. I don't think I'd be looking to invest in any shares at the moment with the direction the global economy seems to be heading. Big gains on Stock Market (in some sectors) this morning due to 3 factors; 1 UK Economy growth last 3 months better than expected. 2 USA easing tariffs on China slightly 3 Positive news on possible Brexit deal. Could all change by Monday of course. Financial Markets very rarely lie.
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Post by redstriper on Oct 11, 2019 10:10:38 GMT
For what is worth I've been buying gold this year. Its strong in times of uncertainty and if you imagine a doomsday scenario it's one of the few things (coins in small denominations) that might be useful, alongside a wind up torch, and a gun. not that i believe project fear or anything
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Investing
Oct 11, 2019 13:42:59 GMT
via mobile
Post by zerps on Oct 11, 2019 13:42:59 GMT
Research xrp..........
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Post by bathstoke on Oct 12, 2019 9:18:47 GMT
You can make a lot of money from crypto currencies if you buy the right one at the right time (like any other form of investment) and you can lose a lot of money very quickly too. Too risky for me. This ones gone down like a led zeppelin www.bbc.co.uk/news/technology-50023008
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Post by zerps on Oct 12, 2019 9:39:36 GMT
You can make a lot of money from crypto currencies if you buy the right one at the right time (like any other form of investment) and you can lose a lot of money very quickly too. Too risky for me. This ones gone down like a led zeppelin www.bbc.co.uk/news/technology-50023008It was only ever a white paper. They knew it wasn’t viable and the coin never made it into production. It was all a publicity stunt / distraction for Facebook. If you can’t trust facebook with private data you’re not trusting them with your money.
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Investing
Dec 20, 2019 10:13:57 GMT
via mobile
Post by maxplonk on Dec 20, 2019 10:13:57 GMT
I'd be interested to know what platforms people use for trading at home, especially pros and cons. Asking for a friend 😉
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Post by zerps on Dec 20, 2019 10:39:19 GMT
I'd be interested to know what platforms people use for trading at home, especially pros and cons. Asking for a friend 😉 Trading what mate? Etoro is good for beginners.
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Investing
Dec 20, 2019 15:34:40 GMT
via mobile
Post by maxplonk on Dec 20, 2019 15:34:40 GMT
I'd be interested to know what platforms people use for trading at home, especially pros and cons. Asking for a friend 😉 Trading what mate? Etoro is good for beginners. Trading Forex and some stocks. We know about Etoro, but my wife (the brains of the outfit) finds it a bit to simplistic and isn't so impressed with their pricing policy.
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Investing
Dec 20, 2019 15:49:47 GMT
via mobile
Post by zerps on Dec 20, 2019 15:49:47 GMT
Trading what mate? Etoro is good for beginners. Trading Forex and some stocks. We know about Etoro, but my wife (the brains of the outfit) finds it a bit to simplistic and isn't so impressed with their pricing policy. Yeah it’s crap for stocks
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Post by raythesailor on Dec 20, 2019 16:31:51 GMT
Bit Coin and similar gambles are very high risk
Due to adverse publicity Pensions have a very bad name which is not wholly justified . However for some people have had bad experiences which I accept.
However a good quality pension scheme can be a very good investment if TAKEN LONG TERM. A scheme where your employer also contributes is even better. Employers schemes with the addition of tax relief med to long term is a no brainer. Don’t be fooled by sensation seeking gutter media, take advice and start early.
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Investing
Dec 20, 2019 17:01:31 GMT
via mobile
Post by zerps on Dec 20, 2019 17:01:31 GMT
Bit Coin and similar gambles are very high risk Due to adverse publicity Pensions have a very bad name which is not wholly justified . However for some people have had bad experiences which I accept. However a good quality pension scheme can be a very good investment if TAKEN LONG TERM. A scheme where your employer also contributes is even better. Employers schemes with the addition of tax relief med to long term is a no brainer. Don’t be fooled by sensation seeking gutter media, take advice and start early. Everything is high risk if you buy and sell at the wrong time.
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Investing
Dec 21, 2019 11:15:03 GMT
via mobile
Post by maxplonk on Dec 21, 2019 11:15:03 GMT
Trading Forex and some stocks. We know about Etoro, but my wife (the brains of the outfit) finds it a bit to simplistic and isn't so impressed with their pricing policy. Yeah it’s crap for stocks do you have any experience with Metatrader?
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Post by zerps on Dec 21, 2019 11:36:48 GMT
Yeah it’s crap for stocks do you have any experience with Metatrader? No but a mate of mine swears by it. It’s terrible for crypto, it closes at weekends even though crypto never closes, apparently.
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Post by Deleted on Mar 12, 2020 11:42:28 GMT
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Post by raythesailor on Mar 12, 2020 13:03:48 GMT
This is a great time for this thread to reappear on the board.
The recent decline in stock markets means that it is an ideal time to dip your toes into the market.
BUT ONLY IF You have some spare money to play with. You are prepared to take short term losses You are going to invest Med to long term You accept you could loose some money Etc
The ISA period means that you can invest upto £20k this financial year and then a further £20K after 6 th April.
I am in NO WAY recommending investments of this level they are merely the Max’s
Take professional advice and remember “ If it sounds to good to be true. It probably is!”
As for Bitcoins. Would not touch them with a barge pole.
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Investing
Mar 12, 2020 14:54:17 GMT
via mobile
Post by zerps on Mar 12, 2020 14:54:17 GMT
Yep the whole world crashed. Bitcoin followed indices bizarrely. You might just see a new financial digital landscape following this inevitable world financial melt down. Fascinating and desperate times.
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Investing
Mar 12, 2020 14:56:15 GMT
via mobile
Post by zerps on Mar 12, 2020 14:56:15 GMT
This is a great time for this thread to reappear on the board. The recent decline in stock markets means that it is an ideal time to dip your toes into the market. BUT ONLY IF You have some spare money to play with. You are prepared to take short term losses You are going to invest Med to long term You accept you could loose some money Etc The ISA period means that you can invest upto £20k this financial year and then a further £20K after 6 th April. I am in NO WAY recommending investments of this level they are merely the Max’s Take professional advice and remember “ If it sounds to good to be true. It probably is!” As for Bitcoins. Would not touch them with a barge pole. Fuck that short nasdaq 😉 Free money. It has been this week anyway.
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Investing
Mar 12, 2020 15:26:12 GMT
via mobile
Post by georgieboy52 on Mar 12, 2020 15:26:12 GMT
I’ve decided to try and invest for the future as you can’t rely on pensions or anything for that matter. I’ve been a close follower of bitcoin and cryptocurrency in general. Blockchain is an emerging technology market with potential to be the new internet. Or at least that’s the dream. Certainly not financial advice but has anyone else dabbled / keeping an eye on it? Invest £25k at evens on Trump to win a second term. Sit back and wait to collect some easy lolly.
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Investing
Mar 12, 2020 15:27:41 GMT
via mobile
Post by zerps on Mar 12, 2020 15:27:41 GMT
I’ve decided to try and invest for the future as you can’t rely on pensions or anything for that matter. I’ve been a close follower of bitcoin and cryptocurrency in general. Blockchain is an emerging technology market with potential to be the new internet. Or at least that’s the dream. Certainly not financial advice but has anyone else dabbled / keeping an eye on it? Invest £25k at evens on Trump to win a second term. Sit back and wait to collect some easy lolly. Guaranteed mate
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Post by raythesailor on Mar 12, 2020 16:16:00 GMT
I’ve decided to try and invest for the future as you can’t rely on pensions or anything for that matter. I’ve been a close follower of bitcoin and cryptocurrency in general. Blockchain is an emerging technology market with potential to be the new internet. Or at least that’s the dream. Certainly not financial advice but has anyone else dabbled / keeping an eye on it? Invest £25k at evens on Trump to win a second term. Sit back and wait to collect some easy lolly. Only if he lives that long. Old and vulnerable !🥶
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Post by zerps on Mar 12, 2020 17:39:21 GMT
Invest £25k at evens on Trump to win a second term. Sit back and wait to collect some easy lolly. Only if he lives that long. Old and vulnerable !🥶 The guy has more power than anyone in history. He can move entire markets by tweeting.
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Post by marylandstoke on Mar 14, 2020 3:40:00 GMT
For anyone interested I have a friend who’s a Nigerian Prince and recently his father died and................
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Investing
Mar 14, 2020 8:00:39 GMT
via mobile
Post by zerps on Mar 14, 2020 8:00:39 GMT
For anyone interested I have a friend who’s a Nigerian Prince and recently his father died and................ What’s his bitcoin wallet address?
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Post by bathstoke on Mar 14, 2020 8:09:10 GMT
Now is a great time BUY, BUY, BUY.... If you like that Capitalist stuff
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Post by zerps on Mar 14, 2020 8:18:02 GMT
Now is a great time BUY, BUY, BUY.... If you like that Capitalist stuff Not yet mate
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Post by Lakeland Potter on Mar 14, 2020 8:45:09 GMT
You can make a lot of money from crypto currencies if you buy the right one at the right time (like any other form of investment) and you can lose a lot of money very quickly too. Too risky for me. I don't think I'd be looking to invest in any shares at the moment with the direction the global economy seems to be heading. One thing that's true of share markets is that, whilst individual shares sometimes drop like a stone and become worthless, stock markets (certainly the major ones) always recover in time no matter how big the crash. In the last financial crash just over 10 years ago I thought my investments would never recover but I sat tight and within a few years markets around the world had surged to new highs. This current crisis will be no different. And, because the pandemic is likely to last months, rather than years, a sustained rise in the markets will come sooner than you expect. Remember economies do not need to recover for the stock markets to rise, investors need to believe that what caused the crash (i.e. the virus) has run its course and that markets will soon start to recover. That point will see the start of a sustained rise and the curve will surprise us all by its increasing steepness. My point is that you, me, all of us, may find it quite difficult to predict the bottom unless we are experts but after big falls in the market a recovery which lasts a week or so should be seen as a buying opportunity - certainly you should be buying long before the markets reach their peaks earlier this year. Investing at the peak is a mug's game and the best way to lose money. As someone said earlier on the thread you should, unless you are an expert invest in funds rather than shares and I personally hold funds based on both geographical areas and themes - such as infrastructure or property. I try to hold a wide variety of funds as this is safer than investing in just one or two. A final point most Investment companies will try to steer you into unit trusts or similar funds. One reason is that the investment company or stock broker gets paid a commission by the unit trust manager - in return they do a lot of research which you may or may not find helpful. I have a few unit trusts but most of my portfolio is invested in investment trusts. These are shares in companies whose sole business is to hold shares in other companies. There are two advantages in buying these over unit trusts. 1. the charges for buying them are less. 2. because they are shares they can, if you have a dealing account with a stockbroker, be bought (or sold) in about 15 seconds whereas a unit trust can take up to 24 hours to buy or sell because deals can only be done at the valuation point and this is only valued once a day. Finally, forget holding share certificates - get a nominee account with a stockbroker. When you do a deal online you will get a contract note within seconds which you can print out if you wish - in any case it is held for ever on your area of the stockbroker's website. That contract note is proof that you bought (or sold) x number of shares at y pence per share at 15.02 on the 14 March 2020 and shows the stamp duty paid on purchases. You never get a share certificate but your account shows the number and value of each share you hold and the current price varies second by second ON YOUR SCREEN during the working day each day the stock market is open Good luck!
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Post by clarkeda on Mar 14, 2020 8:52:31 GMT
Cannabis is an interesting one. Crypto has made people very wealthy. One big correction won’t put serious investors off. You have to read market cycles and not panic. It’s fascinating whatever happens, a global financial revolution. People will always shout scam though. It seems to me you are a novice in search of easy gains. A fatal mistake. There is no such thing as "market cycles" when it comes to cryptocurrency. You simply cannot apply traditional technical and fundamental analysis to such speculative instruments. Most of the so called analysis on cryptos is written by amateurs who don't even have a grasp of the English language, let alone qualified to comment on finance. Crypto has not made people very wealthy. You really believe the hype? How many people do you think bought at the bottom and sold at the top? Practically none. Most punters were still chasing the price of BTC when it was $20,000. 99% of people have lost money in crypto. In the two years since you started accumulating bitcoin it's price has crashed as much as 85%. One of my USA funds has increased 65% in the same time frame. And one of my technology funds has returned 70%. You are doing yourself a great disservice by putting your money at risk in such unproven areas. Leave it to the professionals to take the early hits then join the party later on. I've been an investor for 40 years and have learned my lessons the hard way. Don't let it happen to you. Do you invest yourself? Or though a broker or fund?
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Post by bathstoke on Mar 14, 2020 10:51:10 GMT
I don't think I'd be looking to invest in any shares at the moment with the direction the global economy seems to be heading. One thing that's true of share markets is that, whilst individual shares sometimes drop like a stone and become worthless, stock markets (certainly the major ones) always recover in time no matter how big the crash. In the last financial crash just over 10 years ago I thought my investments would never recover but I sat tight and within a few years markets around the world had surged to new highs. This current crisis will be no different. And, because the pandemic is likely to last months, rather than years, a sustained rise in the markets will come sooner than you expect. Remember economies do not need to recover for the stock markets to rise, investors need to believe that what caused the crash (i.e.) the virus has run its course and that markets will soon start to recover. That point will see the start of a sustained rise and the curve will surprise us all by its increasing steepness. My point is that you, me, all of us, may find it quite difficult to predict the bottom unless we are experts but after big falls in the market a recovery which lasts a week or so should be seen as a buying opportunity - certainly you should be buying long before the markets reach their peaks earlier this year. Investing at the peak is a mug's game and the best way to lose money. As someone said earlier on the thread you should, unless you are an expert invest in funds rather than shares and I personally hold funds based on both geographical areas and themes - such as infrastructure or property. I try to hold a wide variety of funds as this is safer than investing in just one or two. A final point most Investment companies will try to steer you into unit trusts or similar funds. One reason is that the investment company or stock broker gets paid a commission by the unit trust manager - in return they do a lot of research which you may or may not find helpful. I have a few unit trusts but most of my portfolio is invested in investment trusts. These are shares in companies whose sole business is to hold shares in other companies. There are two advantages in buying these over until trusts. 1. the charges for buying them are less. 2. because they are shares they can, if you have a dealing account with a stockbroker, be bought (or sold) in about 15 seconds whereas a unit trust takes about 24 hours to buy or sell because deals can only be done at the valuation point and this is only valued once a day. Finally, forget holding share certificates - get a nominee account with a stockbroker. When you do a deal online you will get a contract note within seconds which you can print out if you wish - in any case it is held for ever on your area of the stockbroker's website. That contract note is proof that you bought (or sold) x number of shares at y pence per share at 15.02 on the 14 March 2020 and shows the stamp duty paid on purchases. You never get a share certificate but your account shows the number and value of each share you hold and the current price varies second by second ON YOUR SCREEN during the working day each day the stock market is open Good luck! 🤑
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Post by mtrstudent on Mar 15, 2020 22:41:13 GMT
It seems to me you are a novice in search of easy gains. A fatal mistake. There is no such thing as "market cycles" when it comes to cryptocurrency. You simply cannot apply traditional technical and fundamental analysis to such speculative instruments. Most of the so called analysis on cryptos is written by amateurs who don't even have a grasp of the English language, let alone qualified to comment on finance. Crypto has not made people very wealthy. You really believe the hype? How many people do you think bought at the bottom and sold at the top? Practically none. Most punters were still chasing the price of BTC when it was $20,000. 99% of people have lost money in crypto. In the two years since you started accumulating bitcoin it's price has crashed as much as 85%. One of my USA funds has increased 65% in the same time frame. And one of my technology funds has returned 70%. You are doing yourself a great disservice by putting your money at risk in such unproven areas. Leave it to the professionals to take the early hits then join the party later on. I've been an investor for 40 years and have learned my lessons the hard way. Don't let it happen to you. Do you invest yourself? Or though a broker or fund? Tracker funds beat doing it yourself or getting a broker or fund with a manager. Looks like 92% of managers do worse than the trackers, and that might even be before they take a big cut. Scary thought if we end up with no active betters and it's all just computers chasing each other though.
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Investing
Mar 16, 2020 8:23:16 GMT
via mobile
Post by zerps on Mar 16, 2020 8:23:16 GMT
Oil fucked, everything fucked.
A war is the only way they’ll get oil back up.
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