Subbuteo_171
Well-known member
Have you tried it like ?
You pay them is a massive red flag. Newbies to investing should avoid like the plague. This is gambling, not investing.
Have you tried it like ?
Like I said at the start , it’s aimed at anyone that feels their capable of doing 10% so obviously not for a novice .
There are people out there that are capable of trading that but don’t have the capital so this can be a life changer .
So you are suggesting a site that allows people with no capital, and no experience, to sign up to an account where in 90 day they can “learn” to be a trader is not gambling.
This thread is about investing. Not for short term trades in a highly complex market where less than 80% of “investors” make money, and certainly not for a firm that isn’t regulated by the FCA (or any other regulator as far as I can see).
The odds are worse than red or black, so yes - it is gambling.
Drip feed it into a global index fund such as fidelity world index and choose accumulation units so your dividends are reinvested. Don’t touch it or do anything else. That’s it.You just seem to making your own story up here .
The service is there for anyone capable of making money that don’t have their own capital but have the knowledge. It’s not a crash course or an educational service . If it’s not suitable to you don’t follow it but there people out there who have the knowledge and a service like this can change their life it’s that simple .
Unless the OP has some kind of edge over the market, which is highly unlikely, then he should go for the broadest based stock market index fund to maximise diversity and minimise charges.I would not stop anyone putting everything into a decent tracker fund, but its the investing equivalent of a 0-0 draw.
I think ultimately that's the road I want to take mate, you've summed it up perfectly.People on here resent paying advisors but I'd rather pay someone 1% to make me 7% than spend all day staring at a screen to make 4%.
You don’t need to pay anyone 1 percent to get 7 percent. You can pay a fraction of that through index funds. Most fund managers do not beat the market and then you have to pay their fees. You don’t have to do that with passive funds and you will bill broadly diversified across global stockmarkets. Google the late great Jack Bogle and take his advice.I think ultimately that's the road I want to take mate, you've summed it up perfectly.
I started back in March with £150 invested in 2 companies using the trading 212 app. Those 2 companies were tesla and nio.
I've slowly invested about £1500 of my own money and I now have a portfolio of £4500. This was money that would go on takeaways or other pointless crap.
It is a gamble, but if you do the right research into companies and can see their potential future, then it can result in a nice little extra income.
If I'd have left the money I had saved in a traditional savings account, I'd have probably made about 5 quid.
Although I don't own massive amounts of shares, I'm pretty confident that within a few years I'll at least triple my current portfolio.
Company stock tickers I have invested in and would recommend.
Appl
Tsla
Fuv
Lac
Rkt
Nio
RKT is one I have invested quite a lot.into at the moment, and although I am down atm, I am confident things will be fine.
They made over 5 billion in the last quarter and 3.7b was profits. They currently have 10 percent of the market cap and their aim is to take 25 percent in the future.
And the price of 1 stock is insanely cheap at $20 dollars.
This company has the potential of being very similar to lendingtree. And they are valued at $300+ dollars.
If anyone is going to join trading 212, send me a pm and I'll send a referral link and it gives you the chance of a free stock for yourself and also me.
Find us another Tesla please (and for those already on the Tesla bandwaggon, let us know when to sell).
You’d prefer to make your own choice rather than take advice from people who do it for a living?
Well in the last year my 2 pension funds have lost money. However the small amount I put in shares I buy to play around with have all gained.
So yea I like to take responsibility.
Find us another Tesla please (and for those already on the Tesla bandwaggon, let us know when to sell).