Trading the stockmarket (NO Referrals)

uncle_rufus said:
RR seeing a nice little rise today though :D tempted to follow behind it with a stop limit but every time I do that I seem to set it a little bit too close to the current price and it gets pinged, then the price shoots up and I miss out on better gains
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Just had that happen with me on IAG. Somewhat glad to be out though :cry:
 
Minusorange said:
Meh, nothing like the sub prime fiasco of 08
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No, probably not going to sink the global financial system...but not going to be good for the markets as the extent of the exposure unravels.

Very high volatility times, wouldn't be surprised at an over-reaction.

Prices are still below where I exited a couple of weeks ago so quite happy being patient.
 
uncle_rufus said:
lol when I was first thinking about getting into doing any sort of trading I stumbled upon some random "trading youtuber" who had videos claiming they showed how to make X amount per day trading etc.

It was all flashy with an over-the-top intro and then the guy basically just gave this advice:
1. Go onto the trading platform at opening time
2. Look for any stock (ANY stock) that had a bad day yesterday/first thing after opening
3. Buy
4. Sit obsessively watching the graph waiting for the price to go up a tiny bit
5. Frantically stab at the sell button
6. Repeat

So scalping basically. It was so funny though - everything either side of the trading part the guy was all talk and acting like some kind of bigshot professional trader, then the few minutes between buy and sell he was all sweaty forehead and unconfident panic - like watching an actual ape try to work a computer
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@jsmoke Didn't know you were on youtube
 
With the potential collapse of the Chinese Ponzi scheme construction industry, markets around the world are fearing the start of the next credit crunch.


Will we see a global recession within the next 6 months?
 
Grim5 said:
With the potential collapse of the Chinese Ponzi scheme construction industry, markets around the world are fearing the start of the next credit crunch.


Will we see a global recession within the next 6 months?
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It's already been on the cards since Covid. Michael Burry has been shorting certain markets since January and winning too
 
I'm not sure if this is the place, if not, let me know and I'll either move it or create a new thread.

I've been relying on my cash ISA for too long now and its poor 0.01% means my cash is actually worth less each year with inflation at the rate it is. Most of my savings are gone as I've bought a new car and house so I'm looking to create a more diverse portfolio going forward. Ideally one that gives me a combination of easy access (just in case) and more longer term savings (3+ years).

I'm not risk adverse but I would like to edge more on the side of caution.

So far I have the following, percentages are the £xxxx mount per month to be invested/saved.

Vanguard S&S ISA - 50%
LifeStrategy 60% Equity Fund - 25%
FTSE Global All Cap Index Fund - 25%

Cryptocurrency (Binance) - 5%
Bitcoin - 2.5%
Ethereum - 2.5%

(0.6%) Cynergy Cash ISA - 10%
(1%) HSBC 12m Regular Savers - 25% (Max Allowed)
(2%) West Brom 12m Regular Savers - 10% (Max Allowed)

Happy to be told different :)
 
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Princey said:
I'm not sure if this is the place, if not, let me know and I'll either move it or create a new thread.

I've been relying on my cash ISA for too long now and its poor 0.01% means my cash is actually worth less each year with inflation at the rate it is. Most of my savings are gone as I've bought a new car and house so I'm looking to create a more diverse portfolio going forward. Ideally one that gives me a combination of easy access (just in case) and more longer term savings (3+ years).

I'm not risk adverse but I would like to edge more on the side of caution.

So far I have the following:

Vanguard S&S ISA - 50%
LifeStrategy 60% Equity Fund - 25%
FTSE Global All Cap Index Fund - 25%

Cryptocurrency (Binance) - 5%
Bitcoin - 2.5%
Ethereum - 2.5%

(0.01%) HSBC Cash ISA - 10%
(1%) HSBC 12m Regular Savers - 25% (Max Allowed)
(2%) West Brom 12m Regular Savers - 10% (Max Allowed)

Happy to be told different :)
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(0.01%) HSBC Cash ISA - 10%
(1%) HSBC 12m Regular Savers - 25% (Max Allowed)
(2%) West Brom 12m Regular Savers - 10% (Max Allowed)


You have roughly half your savings earning nothing and then you have

LifeStrategy 60% Equity Fund - 25%

25% of your portfolio in a fund where 40% of it is in bonds.


Then you have 5% in crypto. Doesn't make any sense. You have stuff that is extremely low risk which makes up the bulk and then stuff which is extremely high risk (very low amount 5%) with nothing in between apart from 25% in FTSE global all cap index which IMO is worse than S&P 500.

Warren Buffet recommends 90% in S&P 500 and 10% in short term bonds. I'd go with premium bonds currently just for the ease of liquidity and they will always pay out what you put in and you might get lucky. If you want to stay in crypto then take 5-10% out of S&P 500 and lower that to 80-85%. Also S&P 500 usually has lower ongoing charges than the 2 you are in on vanguard.

I don't really understand your portfolio. It's so safe then you have crypto in there
 
DireEmblem said:
Its difficult to discuss a portfolio without knowing your time goals. When may you need access to funds, how long are you looking to 'grow your wealth' for.
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Well, I'm very new to this, I've usually just had a standing order to transfer £xxxx to my bank's own Cash ISA each month but that was earning 0.01%. With inflation the way it is I want to be smarter with my money. I won't have any immediate need for it I wouldn't have thought but I would like to keep some of it accessible, just in case. I would imagine that at least 60% of it can be left for 5+ years.

That Cash ISA and the two regular savings accounts were highest at the time.
 
Princey said:
Well, I'm very new to this, I've usually just had a standing order to transfer £xxxx to my bank's own Cash ISA each month but that was earning 0.01%. With inflation the way it is I want to be smarter with my money. I won't have any immediate need for it I wouldn't have thought but I would like to keep some of it accessible, just in case. I would imagine that at least 60% of it can be left for 5+ years.

That Cash ISA and the two regular savings accounts were highest at the time.
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80% S&P 500, 10% Premium Bonds, 10% Crypto

Keep it simple forget all those 2% and less especially the 1% and 0.1% accounts they are all useless. 2% is not bad if your mortgage is lower like mine is at 1.25% but even then it's less than inflation and by some amount.
 
Princey said:
Well, I'm very new to this, I've usually just had a standing order to transfer £xxxx to my bank's own Cash ISA each month but that was earning 0.01%. With inflation the way it is I want to be smarter with my money. I won't have any immediate need for it I wouldn't have thought but I would like to keep some of it accessible, just in case. I would imagine that at least 60% of it can be left for 5+ years.

That Cash ISA and the two regular savings accounts were highest at the time.
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100% global all cap
 
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