Investing in shares for short term gains?

mcast · 7 Jan 2019 at 12:40

2 ways to make money from the markets:

pick an index tracker, put money in, come back in 10 years

have insider knowledge of a company or industry

wildman · 7 Jan 2019 at 15:42

short term = gamble. you would be better off just messing around with some cash on football index

doodah · 7 Jan 2019 at 15:44

Matched betting if you want short term gains. You can pull in hundreds - thousands when timed with big sporting events (e.g. horse racing festivals). Plus it's virtually risk free, the main risk been yourself in making a mistake.

dowie · 7 Jan 2019 at 15:48

wildman said:
short term = gamble. you would be better off just messing around with some cash on football index

That would be even worse.

wildman · 7 Jan 2019 at 15:55

dowie said:
That would be even worse.

both equally bad, but if he really wants to feel like he is trading, football index will at least provide the pretense of that and would be a damn site more fun than watching a number next to BNZL, ULVR etc going u p or down.

Alternatively go down the grovenor with a wedge and chuck it all down on 0. Outcome is still the same regardless i.e gambling, so you might as well get your monies worth of fun out of it, which for as bad as it might be, football index still provides a small modicum of fun (if you are into football)

dowie · 7 Jan 2019 at 16:07

wildman said:
both equally bad

not at all - not all sub zero sum games are the same

to use the casino example again it is like comparing other casino table games to poker

betfair would perhaps be more comparable alternative to trading stocks

The_Abyss · 7 Jan 2019 at 17:18

Perhaps there's a clue on the website of the Bulgarian-owned Trading 212...

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

dowie · 7 Jan 2019 at 17:27

I believe they also offer a share dealing service too, seemingly at quite low commissions. Though for some reason they appear to think I've got a Chinese IP address so the whole website is a bit of a mess for me.

The_Abyss · 7 Jan 2019 at 19:00

Withdrawing your money from either service appears to be something of a challenge for some investors.

alx · 8 Jan 2019 at 16:40

dowie said:
Nope an ISA wouldn't shield you from stamp duty, that is the one tax you still have to pay in an ISA.

True, unless you purchase AIM shares which are exempt from stamp duty.

moon man · 8 Jan 2019 at 19:44

as ive said in the trading thread i put 1k into patagonia gold mainly because they were a penny at the time(consolidation happened so im in at 1 pound now) and i like the volatility of good penny shares plus political uncertainty favours gold , ,turned my nose up at 70 percent profit and up untill the last few days was 50 percent down ,now maybe 20 percent but wanting much more .
its nice to have a wild card investment ,think you need to be able to lose totally what you put in ,makes you braver (or maybe more stupid in my case)

dowie · 8 Jan 2019 at 19:46

alx said:
True, unless you purchase AIM shares which are exempt from stamp duty.

Just to be clear, they're exempt regardless - the ISA has no effect.

Camalot · 8 Jan 2019 at 19:58

Im starting to look into Vanguard funds but long term, nothing short term.

Still don't know enough to put any large amounts of cash in