Off topic - Investing

comment by Admin1 (U1)
posted 1 minute ago
I've been investing since 1998. If you are with a high street bank, for example Halifax, you can set up a sharedealing account fairly easily. There is no secret and even at investment banks the experts are just folk that haven't been found out yet. So don't feel intimidated entering into the world of shares. Avoid penny stocks on the AIM as the market can be thin so the bid ask spread can cost you if you decide to sell out. If you invest in something you know or are familiar with it can help, for example back in 2000 I knew a few young kids in my family that were really in to Bob the builder, I searched for company who produced it, HIT entertainment. Within 18 months they were bought out, and my shares were up 35+ percent.

I've currently got shares in Astra zenica, Gilead, Roche which are a bit meh at the moment.
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EU ruined Astra Zenica for you. Should have backed Pfizer

Afrdi on cricket boards was tipping amur minerals a few years ago on here. I made about 30 percent after taking a punt. But the company is now a mess. Penny stocks mining companies, the saying goes that they are holes in the grounds with liars on the top

comment by Culér (U9489)
posted 1 minute ago
comment by Admin1 (U1)
posted 21 seconds ago
I've been investing since 1998. If you are with a high street bank, for example Halifax, you can set up a sharedealing account fairly easily. There is no secret and even at investment banks the experts are just folk that haven't been found out yet. So don't feel intimidated entering into the world of shares. Avoid penny stocks on the AIM as the market can be thin so the bid ask spread can cost you if you decide to sell out. If you invest in something you know or are familiar with it can help, for example back in 2000 I knew a few young kids in my family that were really in to Bob the builder, I searched for company who produced it, HIT entertainment. Within 18 months they were bought out, and my shares were up 35+ percent.

I've currently got shares in Astra zenica, Gilead, Roche which are a bit meh at the moment.
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You are very switched into Admin1 I’ll give you that.

Do you get involved with crypto?
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I've got a few day trading algorithms running(uni, and doge), but in the main no. It's a speculative frenzy that will cost a lot of people a lot of money. I took a punt on ox coin when we were entering the year of the ox, and done ok from China's fixation on crypto and new year.

I also don't recommend day trading, I'm doing this as a favour to some start-up quant guys I know. As it has limited upside but far larger downsides as eventually you get caught with an instrument that collapses, so you make 1 percent, 3 percent, 2 percent, then boom it drops 45 percent. Reason I'm trading doge coin is that it's on the way down precipitously, so is significantly more challenging to trade profitably algorithmically.

comment by Admin1 (U1)
posted 27 minutes ago
I also don't recommend day trading, I'm doing this as a favour to some start-up quant guys I know. As it has limited upside but far larger downsides as eventually you get caught with an instrument that collapses, so you make 1 percent, 3 percent, 2 percent, then boom it drops 45 percent. Reason I'm trading doge coin is that it's on the way down precipitously, so is significantly more challenging to trade profitably algorithmically.
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I don’t recommend day trading either. Spot on Admin1.

comment by RB&W - Always a Legacy (U21434)
posted 12 hours, 16 minutes ago
comment by manusince52 (U9692)
I had Townsend Thorenson £200 I think and got a free crossing every year as well as dividends.

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didnt they sink after their Flagship; The Herald Of Free Enterprise sank with everybody on-board.

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They did, but I sold by then. I wasn't recommending them or anyone else. Jast that I liked shares with bonuses.

If you want a high yield with fairly low risk, take a look at https://nexo.io/

It is crypto focused, but you can just put your £ in too, like a savings account.

I've had a lump sum £GBP in their for 18 months now earning 8%APR

Obviously there are risks with anything like this, so do your research.

Real Estate can be a great money maker, but like anything, it's very much risk for reward, but there can be a high cost involved if you end up running into issues or if you get an awful tenant, which can happen.

If you've got a decent cash reserve though and are profiting handily from your day job compared to your outgoings, it can be worthwhile.

comment by Ji Sung Park's Cousin - A Beekers Dozen (U2958)
posted 7 minutes ago
If you want a high yield with fairly low risk, take a look at https://nexo.io/

It is crypto focused, but you can just put your £ in too, like a savings account.

I've had a lump sum £GBP in their for 18 months now earning 8%APR

Obviously there are risks with anything like this, so do your research.
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I'm on nexo as well, have been since the start of the year.
Still waiting for that nexo card .....

I am in platinum status and the nexo coin has pumped since the beginning of the year which is lovely to see.

comment by GregOle (U1192)
posted 20 minutes ago
comment by Ji Sung Park's Cousin - A Beekers Dozen (U2958)
posted 7 minutes ago
If you want a high yield with fairly low risk, take a look at https://nexo.io/

It is crypto focused, but you can just put your £ in too, like a savings account.

I've had a lump sum £GBP in their for 18 months now earning 8%APR

Obviously there are risks with anything like this, so do your research.
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I'm on nexo as well, have been since the start of the year.
Still waiting for that nexo card .....

I am in platinum status and the nexo coin has pumped since the beginning of the year which is lovely to see.
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Yep, some nice progress but need to see the card and, even more importantly, the banking license. Then we should be able to drop up to £85k in an account that would be protected by the government.