Picking history OR geography is the one which I found confusing. Surely to studdy history properly you also need to know some geography
Forign language... Pointless for most people and you'll probably never to use it.
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Picking history OR geography is the one which I found confusing. Surely to studdy history properly you also need to know some geography
Forign language... Pointless for most people and you'll probably never to use it.
Soldato
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i think the thing is there simply isn't enough time to teach everything they want or should be teaching with out adding a personal finance to the mix as important as it is.
there's also more distractions with technology.
they also need a bigger focus on IT especially with how AI has boomed and very likely to be part of every day.
i might consider adding personal finance to home economics seems some what relevant.
there should be more focus on health as well, its shocking some of the questions you read.
how long has the average Joe/Juliet had access to stock and shares do people realistically think
My AMD shares seem to be recovering nicely and i decide to sell them soon if i can get them in to green again to release the capital. not sure yet..
there's also more distractions with technology.
they also need a bigger focus on IT especially with how AI has boomed and very likely to be part of every day.
i might consider adding personal finance to home economics seems some what relevant.
there should be more focus on health as well, its shocking some of the questions you read.
how long has the average Joe/Juliet had access to stock and shares do people realistically think
My AMD shares seem to be recovering nicely and i decide to sell them soon if i can get them in to green again to release the capital. not sure yet..
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Picking history OR geography is the one which I found confusing. Surely to studdy history properly you also need to know some geography
Forign language... Pointless for most people and you'll probably never to use it.
See also maths... Pointless as you'll always have a calculator on your phone... Sigh...
The trick with education is not getting the correct result in the test, it's understanding why you got the correct result.
Ai is going to breed a generation of absolute numpties... You can already see it on social media... "According to (insert Ai guff that they have no idea about whether it's correct or incorrect) the answer is X."
Try explaining what an algorithm is, to someone who can't even do basic addition.
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Soldato
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- 10 Sep 2003
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- Midlands
Too much knowledge would be dangerous for some people, would probably blow their life savings on penny stocks
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stock market access to the general public is relatively a new thing... and so are ETFs; 2001 in the US and 2012 for europe.
Before you had to open an invest, call up to make the trade and wait for the shares to come in paper form in the post... and get changed shed loads for the privilege..
it's no way as easy and as cheap as it is now a days.
My brother brought shares in Newcastle Untied, British Gas and a few others in the 90s, and he freely admit that he just did it cos it was advertised on TV... he doesn't even know how much shares he has, he just gets a dividend cheque once in a while in the post. God knows how much management fees he's paying..
It's hard enough explaining to people how their pensions work or how their mortage fees work; which is the most important investment that most people make in their lifetime, let alone how to invest in the stock market, postional trading, day trading.. and then all the fancy investment vehicles.
It took half a day and a call to a friend on the trading floor for them to explain to me how the "bonus" work shares effects my income taxes for the year and another call to my Niece then her hubby who are both charted tax accounts to see how I need to offset it.
I did plenty of advance maths courses during my time in education that helps... I did finance, accounting, qualitative methods just to name a few... but admittedly nothing explains about compound interest... do we really need to teach people how to calculate intrinsic value? the difference between appreciation and inflation?
Before you had to open an invest, call up to make the trade and wait for the shares to come in paper form in the post... and get changed shed loads for the privilege..
it's no way as easy and as cheap as it is now a days.
My brother brought shares in Newcastle Untied, British Gas and a few others in the 90s, and he freely admit that he just did it cos it was advertised on TV... he doesn't even know how much shares he has, he just gets a dividend cheque once in a while in the post. God knows how much management fees he's paying..
It's hard enough explaining to people how their pensions work or how their mortage fees work; which is the most important investment that most people make in their lifetime, let alone how to invest in the stock market, postional trading, day trading.. and then all the fancy investment vehicles.
It took half a day and a call to a friend on the trading floor for them to explain to me how the "bonus" work shares effects my income taxes for the year and another call to my Niece then her hubby who are both charted tax accounts to see how I need to offset it.
I did plenty of advance maths courses during my time in education that helps... I did finance, accounting, qualitative methods just to name a few... but admittedly nothing explains about compound interest... do we really need to teach people how to calculate intrinsic value? the difference between appreciation and inflation?
But that's what they do in schools.. teach people to pass exams. Not set then up for real life.
It's all about stats for the school and making sure the headmaster doesn't get upset by a bad score.
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Agree. Or at least this is what it was for me.
When you realised you could get the syllabus and if you memorised that, you'd basically ace the exam? That's just regurgitating.
If anything the ONLY lesson at gcse not like that was maths.
I still think I'd sacrifice nearly any subject for personal fiance at gcse.
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That's the whole point... it's "personal"... hence the default answer to eveything is "to speak to financial advisor"..
personal finance doesn't have to be complicated, most of us; me included make it over complicated by trying to optimise everything, spread sheets for dayz....
everything can be simple and written on a postcard.
I just spent the last two hours opening another isa broker account, trying to figure out how to link it with my work's shares management system so I can transfer my works shares as shares directly into it so I don't get hit by a capital gains tax bill this year and foreseeable future years. AND no where for the life of me; can I see the infomation that I need to enter into the shares management system for my account. So it looks like I'm on the phone to them tomorrow morning.
But so few people don't understand it at all and it can cost 10s of thousands or more over a lifetime.
You've got an inheritance of 1 million? Just put a little bit of cash in a junior stocks and shares isa. You can probably afford it.
You are 21 and start a pension.. There are risk categories, may as well put it in full stocks (I didn't even know this was an option until a few years ago).
There are so so many things, even basic stuff, that people simply don't understand.
Credit scores, credit card usage, staying safe online, using a credit card for big purchases for protection.
Everyone can benefit.
My GME is already 6% down and the markets haven't even opened yet
And now back up again, if only by a small amount. Who'd have thunk that buying in to meme stocks would be such a wild ride
Will be interesting to see what happens after the rate cut. September is normally a negative month from the second half. Does the market expect 50 basis points now and another 50 later in 2025?
It's easy to 'smash it' when you're just looking at a time period that only includes a bull market. Also remember you still get 4% on savings with zero risk atm so you're only beating a savings account by 2% and could quite easily be well in the red if(when) there's more volatility.Absolutely smashing it at the moment... I just wish I knew about ETFs and s&s ISAs 20 years ago I'd be fricking rich!!
Isn't that his rate of return over 1 month?
But yes, very easy to win in a perma bull market. The only thing stopping this train will be a complete narrative change and when it happens it will be abrupt. But you cant time it.
He's up 6% overall. I wouldn't get too carried away. Getting overexcited about gains can lead to getting panicked over losses which is when people do stupid things.
My USA ETF is up >16% because I timed it and bought the Trump dip (along with AAPL and a few others).
I'm still happy enough with.....*checks portfolio*.....about 50/50 equities and cash at the moment. Still (just) beating inflation on the cash so not in any massive rush to increase my exposure right now.
Just a quick question if I may..
When deciding to invest in a stock, does anybody run it by a LLM as a gross error check. If so which one?
I'm not suggesting using chatgpt etc as investment advice, just as a starting point to build a bigger picture.
Does anyone try this?
When deciding to invest in a stock, does anybody run it by a LLM as a gross error check. If so which one?
I'm not suggesting using chatgpt etc as investment advice, just as a starting point to build a bigger picture.
Does anyone try this?
No.
Similar to me. Drawing pension next year so very much monitoring volatility and trying to cautious in allocation of funds. I think I'm 60-70% long in equities but have started missing away from US bias. The rest in gilts or money market fund.
I'm pretty bearish in the short/mid term given that we don't yet know how tarrifs are impacting the US economy yet. A lot of stocks are over valued still imo.
Soldato
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- 13 Jul 2004
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- Stanley Hotel, Colorado
I picked both, failed both
We did Business studies, I reckon thats a better idea 
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Sell before the news, buy the rumor I guess
Hate to go all radderfire on you, but have you thought it's the ones that don't understand that allows the ones that do understand to make profit?
As professional investors label rental investors as "dumb money"... they try to cash in on rental investors mistakes.
If someone isn't going to bother looking at different mortage rates, the are allowing the bank to make less money on those who do shop around...
Heck if I knew what I did now... I wouldn't have used the 5k my mum and dad spent on a car for me when I was 22 years old and slapped it into the s&p 500, the investement would be 641.73% return @ £37,588.12