Bitcoin (along with a few other cryptos), Gold and some Silver. All long-term holds.
As for ''it seems the perfect time to buy some shares'', we could well see another correction soon ie the next leg down, so possibly best to hold fire........imo.
Reminds me of Jon Lovitz in the wedding singer
Everyone is dying....and I’m reaping the benefits
Bought shares in Gilead(Remdesivir) on Friday at $82
dollars
I've had a FTSE short etf opened since Brexit xukx.l
I've had a gold etf for about 5-8 years. Which is up about 85 percent
Afidi on here tipped a mining company(they are almost always scams) a few years ago where I was fortunate to double my money and cash out in less than a month. The thing went up about 20 foldbut has crashed back down again.
In a previous life I used to develop portfolio simulations (as far back as 1999)and optimisation algorithms for banks.
Just trust your own judgement. Experts typically over long term perform no better and return to the mean.
It's been many years since I bought a book on investment, but now mainly read about chaos theory and complex systems. Which generally speaking solidify the realisation my investment (or anyone's)decisions aren't as smart as we delude ourselves in to thinking.
I think between 2016-2018 every personal investment I made with the exception of a tip I read on here was loss making. Whilst during that window I won a European wide fantasy trading competition, by making massively risky trades that lucked out.
comment by Galvin☮️ (U22360)
posted 18 minutes ago
Everyone is dying....and I’m reaping the benefits
----------------------------------------------------------------------
Not dissimilar to the 'Great Loo-Roll Rush' of 2020
I've been sat in cash since last summer when the US 2s and 10s yield curve inverted and I'm pretty happy staying there for the moment.
I don't invest in individual shares, and I'm very wary of the market currently. The S&P has now bounced roughly 30% since the loss of a few weeks ago. Don't care how much the fed pump the current prices are not reflecting the risks imo.
I've been tracking oil price for a few months now. If and when Brent gets below $20 think I'll buy an ETF. Depending on where GBP/USD is I may hedge the currency.
comment by Admin1 (U1)
posted 22 minutes ago
Whilst during that window I won a European wide fantasy trading competition, by making massively risky trades that lucked out.
----------------------------------------------------------------------
You make your own luck
comment by TUX (U5315)
posted 2 minutes ago
comment by Admin1 (U1)
posted 22 minutes ago
Whilst during that window I won a European wide fantasy trading competition, by making massively risky trades that lucked out.
----------------------------------------------------------------------
You make your own luck
----------------------------------------------------------------------
I took highly leveraged oil instruments which were the most leveraged instruments available. Took 5 year historical daily volatility, then ran Markov chain Monte Carlo simulations to determine the statistical maximum hold time that would result in me having an insurmountable lead. I then took a long position and my wife a contrarian short to my long. One of which paid off.
I’ve just ordered a load of socks and shirts, thanks for the heads up
If that sounds alien to anyone. I was hoping to roll three heads in a row or three tails in a row. But only had say nine tosses in which to do it before I'd be subjected to the law of large numbers.
Comment deleted by Site Moderator
Crypto and oil so far. Maybe precious metals next.
Try out the REIT's over in the USA.
Manufacturers like 3M must be doing ok....what with the unprecedended demand for PPE
Wouldn’t know where to begin.
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
Have got to recommend a good 5G as well for the long run, Nokia.
comment by rosso is done with this (U17054)
posted 10 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
There are ethical funds you can invest in:
https://www.moneyobserver.com/news/top-10-most-popular-ethical-funds-2019
and of course there is nothing to stop you from donating any gains to the charities of your choice
comment by The Mighty Tottenham Hotspur. (U7858)
posted 9 minutes ago
comment by rosso is done with this (U17054)
posted 10 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
There are ethical funds you can invest in:
https://www.moneyobserver.com/news/top-10-most-popular-ethical-funds-2019
and of course there is nothing to stop you from donating any gains to the charities of your choice
----------------------------------------------------------------------
It’s the concept of a publicly-trading marketplace I’m against, not people’s particular choices as to where they’re pushing and pulling their money.
I believe there are much better models and practices for rewarding those who actually create value - namely end workers.
On a side note and I have no idea whether this makes any sense but perhaps legislation should exist to say any amount paid out in dividends each year should be matched by "a rainy fund" being held back.
So obviously that means your dividend payout would always be half the size but at least companies have something to fall back on and lowly staff might be a bit more secure in times of trouble.
The global stock exchange is morally pretty questionable imo.
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
comment by Admin1 (U1)
posted 26 minutes ago
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
----------------------------------------------------------------------
For what it’s worth, I think we’re in the minority
It’s a complicated argument, whichever way you swing. I appreciate that, and very much respect others opinions on the matter.
comment by Admin1 (U1)
posted 25 minutes ago
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
----------------------------------------------------------------------
Makes sense to me. As has been pointed out, we live in a world of finite resources with a system dependent on infinite growth.The Companies depend on constant growth or their share/stock goes bust.
Its like having a gun to your head. Do it or die. So companies will always chose to do it.
comment by rosso is done with this (U17054)
posted 4 hours, 25 minutes ago
comment by The Mighty Tottenham Hotspur. (U7858)
posted 9 minutes ago
comment by rosso is done with this (U17054)
posted 10 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
There are ethical funds you can invest in:
https://www.moneyobserver.com/news/top-10-most-popular-ethical-funds-2019
and of course there is nothing to stop you from donating any gains to the charities of your choice
----------------------------------------------------------------------
It’s the concept of a publicly-trading marketplace I’m against, not people’s particular choices as to where they’re pushing and pulling their money.
I believe there are much better models and practices for rewarding those who actually create value - namely end workers.
----------------------------------------------------------------------
Completely and utterly flawed !
comment by Scouze Doggie Dog (U22357)
posted 2 hours, 39 minutes ago
comment by Admin1 (U1)
posted 25 minutes ago
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
----------------------------------------------------------------------
Makes sense to me. As has been pointed out, we live in a world of finite resources with a system dependent on infinite growth.The Companies depend on constant growth or their share/stock goes bust.
Its like having a gun to your head. Do it or die. So companies will always chose to do it.
----------------------------------------------------------------------
We are a planet of growing numbers of comsumers (although Covid may thrown a spanner in those wheels)
Sign in if you want to comment
Stocks / Shares
Page 1 of 2
posted on 20/4/20
Bitcoin (along with a few other cryptos), Gold and some Silver. All long-term holds.
As for ''it seems the perfect time to buy some shares'', we could well see another correction soon ie the next leg down, so possibly best to hold fire........imo.
posted on 20/4/20
Reminds me of Jon Lovitz in the wedding singer
Everyone is dying....and I’m reaping the benefits
posted on 20/4/20
Busby is Joe Lewis
posted on 20/4/20
Bought shares in Gilead(Remdesivir) on Friday at $82
dollars
I've had a FTSE short etf opened since Brexit xukx.l
I've had a gold etf for about 5-8 years. Which is up about 85 percent
Afidi on here tipped a mining company(they are almost always scams) a few years ago where I was fortunate to double my money and cash out in less than a month. The thing went up about 20 foldbut has crashed back down again.
In a previous life I used to develop portfolio simulations (as far back as 1999)and optimisation algorithms for banks.
Just trust your own judgement. Experts typically over long term perform no better and return to the mean.
It's been many years since I bought a book on investment, but now mainly read about chaos theory and complex systems. Which generally speaking solidify the realisation my investment (or anyone's)decisions aren't as smart as we delude ourselves in to thinking.
I think between 2016-2018 every personal investment I made with the exception of a tip I read on here was loss making. Whilst during that window I won a European wide fantasy trading competition, by making massively risky trades that lucked out.
posted on 20/4/20
comment by Galvin☮️ (U22360)
posted 18 minutes ago
Everyone is dying....and I’m reaping the benefits
----------------------------------------------------------------------
Not dissimilar to the 'Great Loo-Roll Rush' of 2020
posted on 20/4/20
I've been sat in cash since last summer when the US 2s and 10s yield curve inverted and I'm pretty happy staying there for the moment.
I don't invest in individual shares, and I'm very wary of the market currently. The S&P has now bounced roughly 30% since the loss of a few weeks ago. Don't care how much the fed pump the current prices are not reflecting the risks imo.
I've been tracking oil price for a few months now. If and when Brent gets below $20 think I'll buy an ETF. Depending on where GBP/USD is I may hedge the currency.
posted on 20/4/20
comment by Admin1 (U1)
posted 22 minutes ago
Whilst during that window I won a European wide fantasy trading competition, by making massively risky trades that lucked out.
----------------------------------------------------------------------
You make your own luck
posted on 20/4/20
comment by TUX (U5315)
posted 2 minutes ago
comment by Admin1 (U1)
posted 22 minutes ago
Whilst during that window I won a European wide fantasy trading competition, by making massively risky trades that lucked out.
----------------------------------------------------------------------
You make your own luck
----------------------------------------------------------------------
I took highly leveraged oil instruments which were the most leveraged instruments available. Took 5 year historical daily volatility, then ran Markov chain Monte Carlo simulations to determine the statistical maximum hold time that would result in me having an insurmountable lead. I then took a long position and my wife a contrarian short to my long. One of which paid off.
posted on 20/4/20
I’ve just ordered a load of socks and shirts, thanks for the heads up
posted on 20/4/20
If that sounds alien to anyone. I was hoping to roll three heads in a row or three tails in a row. But only had say nine tosses in which to do it before I'd be subjected to the law of large numbers.
posted on 20/4/20
Comment deleted by Site Moderator
posted on 20/4/20
Crypto and oil so far. Maybe precious metals next.
posted on 20/4/20
Try out the REIT's over in the USA.
posted on 20/4/20
Manufacturers like 3M must be doing ok....what with the unprecedended demand for PPE
posted on 20/4/20
Wouldn’t know where to begin.
posted on 20/4/20
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
posted on 20/4/20
Have got to recommend a good 5G as well for the long run, Nokia.
posted on 20/4/20
comment by rosso is done with this (U17054)
posted 10 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
There are ethical funds you can invest in:
https://www.moneyobserver.com/news/top-10-most-popular-ethical-funds-2019
and of course there is nothing to stop you from donating any gains to the charities of your choice
posted on 20/4/20
comment by The Mighty Tottenham Hotspur. (U7858)
posted 9 minutes ago
comment by rosso is done with this (U17054)
posted 10 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
There are ethical funds you can invest in:
https://www.moneyobserver.com/news/top-10-most-popular-ethical-funds-2019
and of course there is nothing to stop you from donating any gains to the charities of your choice
----------------------------------------------------------------------
It’s the concept of a publicly-trading marketplace I’m against, not people’s particular choices as to where they’re pushing and pulling their money.
I believe there are much better models and practices for rewarding those who actually create value - namely end workers.
posted on 20/4/20
On a side note and I have no idea whether this makes any sense but perhaps legislation should exist to say any amount paid out in dividends each year should be matched by "a rainy fund" being held back.
So obviously that means your dividend payout would always be half the size but at least companies have something to fall back on and lowly staff might be a bit more secure in times of trouble.
The global stock exchange is morally pretty questionable imo.
posted on 20/4/20
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
posted on 20/4/20
comment by Admin1 (U1)
posted 26 minutes ago
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
----------------------------------------------------------------------
For what it’s worth, I think we’re in the minority
It’s a complicated argument, whichever way you swing. I appreciate that, and very much respect others opinions on the matter.
posted on 20/4/20
comment by Admin1 (U1)
posted 25 minutes ago
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
----------------------------------------------------------------------
Makes sense to me. As has been pointed out, we live in a world of finite resources with a system dependent on infinite growth.The Companies depend on constant growth or their share/stock goes bust.
Its like having a gun to your head. Do it or die. So companies will always chose to do it.
posted on 20/4/20
comment by rosso is done with this (U17054)
posted 4 hours, 25 minutes ago
comment by The Mighty Tottenham Hotspur. (U7858)
posted 9 minutes ago
comment by rosso is done with this (U17054)
posted 10 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
There are ethical funds you can invest in:
https://www.moneyobserver.com/news/top-10-most-popular-ethical-funds-2019
and of course there is nothing to stop you from donating any gains to the charities of your choice
----------------------------------------------------------------------
It’s the concept of a publicly-trading marketplace I’m against, not people’s particular choices as to where they’re pushing and pulling their money.
I believe there are much better models and practices for rewarding those who actually create value - namely end workers.
----------------------------------------------------------------------
Completely and utterly flawed !
posted on 20/4/20
comment by Scouze Doggie Dog (U22357)
posted 2 hours, 39 minutes ago
comment by Admin1 (U1)
posted 25 minutes ago
comment by rosso is done with this (U17054)
posted 1 hour, 47 minutes ago
Never done it, never will.
There are fundamental ethical responsibility issues for society arising from the concept of publicly trading stocks.
The mechanism allows, and it can be argued even requires, a situation designed to put an amoral profit motive above any moral consideration, and certainly leads to the lack of accountable parties for immoral corporate activity.
It’s a mechanism that ultimately undermines the value of useful labour in more ways than one, and legitimises the diversion of the fruits of labour away from the worker to the middle and landed classes.
----------------------------------------------------------------------
My wife shares your view.
----------------------------------------------------------------------
Makes sense to me. As has been pointed out, we live in a world of finite resources with a system dependent on infinite growth.The Companies depend on constant growth or their share/stock goes bust.
Its like having a gun to your head. Do it or die. So companies will always chose to do it.
----------------------------------------------------------------------
We are a planet of growing numbers of comsumers (although Covid may thrown a spanner in those wheels)
Page 1 of 2