Soldato
- Joined
- 14 Jun 2004
- Posts
- 7,366
I work in IT networking
I tried to use the trading 212 practise account to buy some.stocks on some tech companies a few months back , thought I was buying on a downturn but in reality I wasn't really making any money back when I put say £200 down or.£500 down
I have no idea
I want to have a play around with investing maybe £100-200 first then when I feel confident I'm.not going to lose that I'll put more
This is why I was looking at s&p 500 so it spreads it across companies
so IT, that covers a wide range of individual stocks, and a fw ETFs. from help desk (servicenow), to network equipment (cisco), Servers (Dell), Cloud (microsoft), CPUs (Intel/AMD), Graphics (Nvidia/AMD), Chip (tsmc), Social/vr (Meta), shoping (amazon)
as examples and to name just a few, these are areas your likely be more familar with and understand events and were the tech is going.
example 1 im interested in AMD at the moment they just release the AMD 9070XT which by all accounts is selling and received well, that will look good (i hope) on quarterly reporting. given predicted market value in 12months, and how much it had dropped i might invest more. its a gamble as a single stock but could double what i put in.
example 2 other areas of growth to consider are space stocks were there is expected future growth. Rocket labs being one of them as a single stock.
were they are waiting for Neutron (their reusable rocket to be released).
i found this stock via internet were theres lots of hype and discussion in places like reddit.
Arc investment have an etf for Space but space is relatively new and unpredictable. its maybe a 20-30year minimum investment period to get a big return.
wathcing news for things like air plan crashs for stock drops i.e. BAA
scandals in new paper : Meta and the cambrage data scanal back 4 years (stock dropped to £100 and now up to over 500)
but im just playing, learning and dabbling at moment.
you just need to work out if your happy to game the system and play at single stocks for a bit for short term bigger gains, long term "stable" gains (deities know whats going to happen), or a combo of both.
imand idiot, and thats my bad 2cents, and im sure others will correct me.
i wrote this ver an hour ago...