Trading the stockmarket (NO Referrals)

[Ev0]

It's literally pennies I expect to disappear into the ether, total gamble and I expect to lose the lot.

 

[Manbatius]

How old are you/what's your life stage?

36, 2 young children, moved into a bigger house in 2018. Job changed in January. Not real chance of progression now.

Local government pension, which I'm certain I'll be dead before I can draw anything ! So investment plan would be 10-20 years.

Ordering that naked trader book tonight. Decided to go for Kindle version.

 

[mid_gen]

Was wondering what happened to tech after hours, looks like it's the US government telling nVidia to stop selling it's AI-focused GPUs to China and Russia.

Been wanting a bit of nVidia for a while but they haven't really been an attractive price, maybe now's the time to shuffle some stuff.

 

[413x]

Glad I sold. Everything is just tanking

 

[Trig]

Glad I sold. Everything is just tanking

You thinking of dipping back in at some point?

 

[413x]

You thinking of dipping back in at some point?

Pfft no idea. Unfortunately money is sitting there obviously losing value with inflation but what else is there to do.

Just wait I guess.

I'll go on at some point. Covid was easy. It was a sharp event and easy to throw money in.
This is a long slow decline.
Expect I'd only consider going back in at hints of peace.

 

[JamesH85]

Taking hard again today. Still a long way down to go yet.

 

[Huggie86]

Took my BP profits last week, was 30% up and with whats going on with the elec/gas markets I'd much rarther take some profit. It'll probably shoot up again next year especially if they are buying renewable generators.
Still putting in my monthly payments each month, just means I get more value on bad weeks.

Trying to pivot into more $ tech recently. Looking at the big guys like MS,Apple,Amazon also Disney.

 

[Metalface Mark]

Uranium is on the rise again, been a rollercoaster year, 50% up, 10% down, back to about 20% up currently.

 

[413x]

I can't see me buying anything in next 3-6 months with what's on the cards.

If the whole of Europe is being plunged into the dark ages few stocks are Going to be immune.

Chance of many more cineworlds on the cards

 

[mid_gen]

Chance of many more cineworlds on the cards

Don't buy zombie businesses in dying industries then

I would concentrate in picking up US tech stocks over the coming months.

 

[413x]

Don't buy zombie businesses in dying industries then

I would concentrate in picking up US tech stocks over the coming months.

Seems like the safest bet in broad terms. A bit of forex shield too

 

[Simon]

I can't see me buying anything in next 3-6 months with what's on the cards.

If the whole of Europe is being plunged into the dark ages few stocks are Going to be immune.

Chance of many more cineworlds on the cards

Which few. Surely those are the ones

 

[mid_gen]

Which few. Surely those are the ones

I imagine anything to do with commercial retail, property etc is going to be a bloodbath....what's left of the high street is going to be killed off.

 

[CapitalOne]

I imagine anything to do with commercial retail, property etc is going to be a bloodbath....what's left of the high street is going to be killed off.

Will all be converted to warm banks

 

[mid_gen]

Will all be converted to warm banks

Probably more pawn shops as people turn to crime to pay their bills.

 

[200sols]

The tech bubble is still bursting, will go lower yet. PEs are still crazy, its not sustainable in this economic climate now.

 

[Ev0]

It's literally pennies I expect to disappear into the ether, total gamble and I expect to lose the lot.

50% up so far

 

[Ev0]

And out just before a drop, buys my lunches for the next few weeks

 

[200sols]

Bloodbath today