• General
  • Being financially independent

All my investments are long term, so I’m buying stock that I think will grow faster than it’s direct competitions and at a greater rate than the interest a bank would offer me, meaning a lot of the efficient markets hypothesis doesn’t really apply. I’m looking for long term potential and little else.

Ive lost a couple of hundred quid on one investment, but I reckon I will get that back once the pandemic is over.

Millsy Can we stay focused here, I’m trying to get rich.

    If you’re doing long term, just bung 80 to 90% of your cash in an EFT - Vanguard S&P / FTSE trackers for example and leave it there. Use the rest for casual pissing around with small investments.

    Amps Well a small thing I have invested in that’s given some great dividends are REITs (Real Estate Investment Trusts). They’re not going to make you millions, but they’re a bit more steady than stocks and are a good way to counterbalance some of the riskier things you want to invest in. They’re not totally risk averse, as they’re based on current market value for real estate, and if the company you’ve invested in aren’t properly diversified, then you could see declining property values, but I’ve had them in my portfolio for a while and they’ve been alright for me 😃

      Millsy my argument wasn’t really directed at you, Stu. You have already set out a reasonable investment case, named your stock and your price, and identified a long time horizon. I am talking about the short-term approach described as “risk-free” by Wally where he refers to retrospective movements and quick profits he’s allegedly made but never has the balls to say what his next investment is.

        Kells77 been looking at REITS too. Was going to do a blend with ETFs on an ISA and then just trade long term on trading 212 on single equities.

          Hate to do this to ya Kel but unless you’ve done a Wally and bought them at midnight on the 23rd of March 2020, you’ve been fucked in the ass by US REITs.

          If you’ve got specialist residential REITs I like it but good luck if you’re exposed to the Hotel, Leisure, Office and Retail sectors cos they’re gonna burn.

            Wally Dude, I bought Apple and Facebook and Google at their IPOs which is why I’m now a billionaire.

            What’s your next purchase, what price are you buying for?

              My friend in AirBnb has been pretty somber for the last month. That IPO is fucked.

              Friend in Booking has been the most jaded I’ve ever seen him too.

              No more InstaStories of the free Michelin starred meals they were being served in their cafeterias.

              Hearing good things about The Big Commerce IPO.

              C_J I bought most of them several years ago. Yes, right now they’re kind of in the gutter lol but real estate is a long term investment, not a short term return 🙂

              C_J Dude! Do your own fucking research!

              No trades planned at the mo thanks. Probs just invest more in my current portfolio. Really happy with how things are at the moment. Tesla stock split tomorrow, the dividend test I’m doing triggers next week. Another one the week after. All good. Then we’ll take it from there.

              What stocks are you doing the “dividend test” with?

              😄

              If i could one tip to people here, it would be “Sell Tesla Now”

                Still not listening eh?

                ‘Do your own fucking research’

                Actually here’s a tip - if I had any spare equity at the mo, I’d buy tesla after the split tomorrow. It’s almost certain to go up. So lets see how it does shall we?

                C_J The amount of daft cunts that have been saying that for the last year or so…

                • C_J replied to this.

                  It is overpriced though to be fair. Like three times over valued.

                    So what you’re saying is, you’ve put the work in to identify good investment opportunities but you would deny your JC.com brethren the benefit? Come on Wally - if you know where the risk free money is at, can’t we all have a piece too?

                    I mean, its only gonna benefit you if we all pile in and bid up the prices right?

                    Throw us a frickin bone here man!!