TiltyShaun
Well-known member
That would depend on if you used cash to buy the diggers or finance. Try getting and servicing finance on 100k loan to buy shares.
TiltyShaun
Well-known member
And ohh yes……my ISA sold a chunk of Rolls Royce back in 2021 for a lot less than they are now!!! With any of these decisions it all depends on what you are trying to do. Warren Buffet done very well as he never sold any of his investments. He made great decisions and only sold of the fundamental reason he purchased them for changed.
J
Jimoz
Well-known member
Ive done a bit of trading individual shares in the past. Won and lost think id be up overall. Won on shell bought when oil price tanked in covid, lost on sirius minerals. Just buy the equity funds now vls100 and a hsbc one.
The tricky thing for me is when I buy a fund and its at highest price I've ever seen it you think it can only go down. Basically though you are betting on the progress of the world. Even with gold or crypto you have to assume that whatever these companies are doing they will be getting paid and generating value whether it be fiat, gold, chocolate buttons.
Anyone follow musks latest comments about money being irrelevant in future. I think the guy is obviously a genuis but probably 1000 years too early
Grahams
Don't complain - suggest what's better
Very boring, but index funds historically outperform individual share picking over time for most people. World equity tracking index fund smooths out individual counties ups and downs - basically betting on world markets continuing to survive. If they don't money won't be worth anything anyway.
I pound cost average by investing the same nominal amount each month into an ISA for the tax free growth.
I pound cost average by investing the same nominal amount each month into an ISA for the tax free growth.
Grahams
Don't complain - suggest what's better
I can see where he is coming from. If the robots and AI do all the jobs UBI can provide everyone with a level of income to enable them to live. Unfortunately it seems like a form of slavery to me - any indication of doing something the government doesn't like and your UBI will be resticted or cut off and you will starve.
M
Monkeybusiness
Well-known member
This thread is pointless without lynchy (who appears to have disappeared sadly)…
Storrsy
Well-known member
100%. I think there was a famous bet somewhere between warren buffet and a hedge fund manager. Buffet betted the S&P 500 (although now I think about All world index is probably better bet) would do better over the long term than individual shares picked out by a pro. Guess who won!
doobin
Well-known member
Storrsy
Well-known member
Yes. But even the best fund managers cock up (how can you not). So although they get the odd rolls Royce it's offset by poorer performers. I think the point Buffet is trying to make is basically 99.9% of the population who don't have the level of insight he has are better of investing in index funds like the S&P and historically they outperform individually picked stocks over the long-term. Far less hassle and involvement too
Storrsy
Well-known member
Storrsy
Well-known member
I get the arguments for credit cards and finance. But my philosophy is always I'd sooner pay with money I have than money I don't- I hate owing money even though some do extremely well in life by leveraging borrowed money, but it's not for me.
TiltyShaun
Well-known member
Put some into tracker funds. Not going to set the world alight compared to picking the next Rolls stock pick but will see over time beat inflation!!
6
6feetdown
Well-known member
Exactly that
doobin
Well-known member
Silver 4% up since markets opened after the Xmas day closure. Platinum and palladium up 6%.
This is mental price action when considered on top of silvers recent run- was it mid November when it was £35/oz? It’s currently £55.52.
Also interesting is the spread of around $8 between London and China.
I really think we are on the cusp of something big. Dollar is going down the pan.
This is mental price action when considered on top of silvers recent run- was it mid November when it was £35/oz? It’s currently £55.52.
Also interesting is the spread of around $8 between London and China.
I really think we are on the cusp of something big. Dollar is going down the pan.
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craig
Well-known member
I hope lead goes up the amount of old batteries I`ve got
, this time next year Rodney....
B
bobthebuilder
Well-known member
Aluminum is going well
D
DaveDCB
Well-known member
Stocks and share isa here, I try to grow it slow and steady, build it up overtime and don’t pay any tax on the gain! Up 11% in the last 6months. I had to pull it all afew years ago to buy a business up, if I hadn’t I probably wouldn’t ‘need’ to work so much now 
doobin
Well-known member
Two and a half hours till markets close.
Look at those percentage increases on silver, palladium and platinum. Thats in a day.
Look at those percentage increases on silver, palladium and platinum. Thats in a day.
6
6feetdown
Well-known member
I looked this morning how much up was looking at Palladium and silver this morning?
doobin
Well-known member
Markets closed. Mental gains.
However let’s remember that due to the holidays it’s a very thinly traded market. Gold hasn’t done much, which I think backs this up.
Either way, what a time to be alive. Come Monday morning we will either have a pullback, or it’ll be the start of the final financial crisis before a new world order I reckon.
However let’s remember that due to the holidays it’s a very thinly traded market. Gold hasn’t done much, which I think backs this up.
Either way, what a time to be alive. Come Monday morning we will either have a pullback, or it’ll be the start of the final financial crisis before a new world order I reckon.
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