Serious money or just investing small amounts?
comment by Boris 'Inky’ Gibson (U5901)
posted 1 minute ago
Serious money or just investing small amounts?
----------------------------------------------------------------------
At the moment not investing serious money. Just buying fractional shares.
I wrote trading and portfolio simulation systems back in 1999/2000 and portfolio optimization algorithms for investment banks in the mid 2000s.
Have been investing over 20 years, only word of advice is that anyone proclaiming to be an expert is normally inflating their own ability. Even after a good year or two or three, over the long term a regression to the mean is almost a certainty.
The only advice i would offer is avoid AIM mining stocks, or illiquid AIM stocks where the bid/ask spread is wide.
comment by khals72 (U20667)
posted 25 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 1 minute ago
Serious money or just investing small amounts?
----------------------------------------------------------------------
At the moment not investing serious money. Just buying fractional shares.
----------------------------------------------------------------------
Big US Tech companies?
My advice is, don't listen to the experts ,they all have their own agenda ,and huge ego's, and probably more money than you,so can afford to be "free" with their advice.
Also ,wait until after the US elections ,unless you are going for high tech and/or pharmaceuticals.
I was able to semi-retire and downsize at the age of 32 (1992) on the basis of my personal economic security - secured through share dealing. It was just easier then.
Not going to be too detailed on this forum but generally:
* Don't bother with FTSE
* Most banks sharedealing apps facilitate trading on DJI. Thus no taxes are liable. As long as your not registered as employed in the share dealing 'business' or working for someone else etc.
*The application form to do such is self filled
* Develop and use an understanding of human economic, social and political phenomena, practices, and trends etc., (both locally and globally) to make investment decisions.
* Some will miss. So never overstretch.
* Try to make it that most don't - if not, you're in the wrong vocation.
* broadly, humans are self-destructive, corrupt, nasty, stupid, greedy, selfish etc., and thus investments in the least ethical stock are likely to offer the best return
* because of the point above, get out as soon as poss, and find ways to appease your conscience
comment by Admin1 (U1)
posted 55 minutes ago
I wrote trading and portfolio simulation systems back in 1999/2000 and portfolio optimization algorithms for investment banks in the mid 2000s.
Have been investing over 20 years, only word of advice is that anyone proclaiming to be an expert is normally inflating their own ability. Even after a good year or two or three, over the long term a regression to the mean is almost a certainty.
The only advice i would offer is avoid AIM mining stocks, or illiquid AIM stocks where the bid/ask spread is wide.
----------------------------------------------------------------------
This is wise advice here
If you're starting out, invest in funds. This website will have a comparison of those which are 'funds of funds,' in other words, low-cost bundles of other funds to give you the best breadth of the market at a low cost.
https://monevator.com/passive-fund-of-funds-the-rivals/
For most people something like Vanguard Lifestrategy 80/20 (80% shares, 20% bonds, roughly speaking) will be all they need.
In terms of when you invest, you hear conflicting things. The ideal is to buy low, sell high. Some people say this is 'timing the market' and we can never know exactly when the lowest lows or the highest highs. Other people say 'time in the market, not time in the market' and so encourage people to invest sooner rather than later. I'm more cautious I guess and instead to regular savings (alongside regular savings of cash). Investing in things like SIPPs and LISAs also give you large bonuses (with significant strings attached: look to see if these are right for your situation) even before your investment grows (which it isn't guaranteed to do, but eventually it's likely it will).
My advice - you gotta know when to hold 'em, know when to fold' em. Take it from me.
Or you can run advanced algorithms like Admin1 but then he wouldn't be running a website which basically hosts thousands of whining argumentititive childish assholะตs, if he were successful with it.
Disclaimer: don't ban me Admin1.
comment by Admin1 (U1)
posted 2 hours, 38 minutes ago
I wrote trading and portfolio simulation systems back in 1999/2000 and portfolio optimization algorithms for investment banks in the mid 2000s.
Have been investing over 20 years, only word of advice is that anyone proclaiming to be an expert is normally inflating their own ability. Even after a good year or two or three, over the long term a regression to the mean is almost a certainty.
The only advice i would offer is avoid AIM mining stocks, or illiquid AIM stocks where the bid/ask spread is wide.
----------------------------------------------------------------------
I’m curious admin, dabbled a bit a while ago, just small change, but from your perspective as a programmer, I’d there any way you could do a (very,very) lite way of the automated platforms from your own home? I’m thinking something that locks in a few quid here and there into shares you watch, with the sim to spread and sell as soon as it goes up a touch? I’m guessing api’s are non existent, but could you approach it from a tiny yield massive portfolio perspective, with a bit of knowledge, a solid and fast internet connection and great programming skills?
I’m guessing not, as everyone would be at it. The aim would be much as the big guns and their ultra fast connection and algorithms use, fractional advances (albeit from a very limited pot)? Suppose you’d have to circumnavigate logins and multiple web forms to sell/purchase and be dependent on pretty old info too in terms of public shares sites....
"I’m guessing not, as everyone would be at it."
It should have ended there
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct though unworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
As institutional investment is increasingly heading towards Bitcoin then this would be my first choice.
Given the direction of global business re-conference calling along with the huge increases in e-sports/VR etc then 'Theta' is well worth looking into........
https://www.thetatoken.org/
Either way all the best
comment by Ole-Dirty-Baztard (U19119)
posted 4 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct thoughunworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
----------------------------------------------------------------------
A money making macro? Yeah I'll have some of that. Although whoever is selling it will be a multi billionaire. Over to you A1.
comment by ...TUX... (U22398)
posted 6 minutes ago
As institutional investment is increasingly heading towards Bitcoin then this would be my first choice.
Given the direction of global business re-conference calling along with the huge increases in e-sports/VR etc then 'Theta' is well worth looking into........
https://www.thetatoken.org/
Either way all the best
----------------------------------------------------------------------
If you're going for ten years down the line I think this would be excellent. I've been saying for the last ten years this is going to kick off massively. Still waiting but it will happen!
With cloud gaming beginning to kick off, it's only a matter of time before the two are linked and every household is paying a monthly subscription.
comment by There'sOnlyOneRed's (U1721)
posted 14 minutes ago
comment by Ole-Dirty-Baztard (U19119)
posted 4 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct thoughunworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
----------------------------------------------------------------------
A money making macro? Yeah I'll have some of that. Although whoever is selling it will be a multi billionaire. Over to you A1.
----------------------------------------------------------------------
I know, I know. I was just curious if anyone had attempted such a thing on a very very small scale, hence why I asked admin who said he wrote the algo’s for big guns. I was thinking a highly long term minimal investment accumulative thing, not make millions overnight but I do digress I was thinking out loud, even if you could see one you’d be depending on old data(hence why there’s a whole competition about latency in the sector). The data I was thinking would be small fry stuff...but yes..it’s a nonsense thought.
Back in the day I liked shares that gave you something.
Townsend Thorenson.. A free ferry crossing
Forte... À free weekend for two in a nice hotel etc
Plus if you were lucky a dividend.
Thank you all for sharing valuable points and information.
comment by There'sOnlyOneRed's (U1721)
posted 8 minutes ago
comment by ...TUX... (U22398)
posted 6 minutes ago
As institutional investment is increasingly heading towards Bitcoin then this would be my first choice.
Given the direction of global business re-conference calling along with the huge increases in e-sports/VR etc then 'Theta' is well worth looking into........
https://www.thetatoken.org/
Either way all the best
----------------------------------------------------------------------
If you're going for ten years down the line I think this would be excellent. I've been saying for the last ten years this is going to kick off massively. Still waiting but it will happen!
With cloud gaming beginning to kick off, it's only a matter of time before the two are linked and every household is paying a monthly subscription.
----------------------------------------------------------------------
Agreed bud, it is a long-term 'punt' so to speak but as you say this space is massive.
I get the feeling that Theta will be a household name within the next 5yrs.
comment by There'sOnlyOneRed's (U1721)
posted 3 hours, 21 minutes ago
comment by Ole-Dirty-Baztard (U19119)
posted 4 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct thoughunworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
----------------------------------------------------------------------
A money making macro? Yeah I'll have some of that. Although whoever is selling it will be a multi billionaire. Over to you A1.
----------------------------------------------------------------------
I'll reply tomorrow or over the next few days. But the nature of a dynamic system that you influence as a result of participating means it's essentially impossible to establish long term significant algorithmic advantage.
I’d take Warren Buffet’s advice and invest in an index funds. You’re essentially the investing across the whole of the particular share market that’s relevant to you, i.e the FTSE in the UK or the ASX in Australia. Far less risk (in theory) and more stable returns. Here in Australia you can set up an account with $5,000 and then minimum deposits of $200. Depends what you’re looking for though. So this would be great as a retirement fund but if you want higher risk and bigger returns over the short term then I’d look at something else.
Is Tesla really worth billions when it sell's say 50.000 cars a year.
My advice in the current market stay well away from the stock markets, feck all of the top 5 are cash friendly and are in fact loss making in the the greater scheme of things.
For the few bob you throw in will only give you grief and a trip to pharmacy for a Paracetamol.
Fact by the way.
And Ignore, Gates, Buffet and their type as being these brilliant philanthropists, that's the the biggest myth out there.
They still make money out of what they spout.
Sign in if you want to comment
Off topic
Page 1 of 2
posted on 18/9/20
Serious money or just investing small amounts?
posted on 18/9/20
Buy high sell low.
posted on 18/9/20
comment by Boris 'Inky’ Gibson (U5901)
posted 1 minute ago
Serious money or just investing small amounts?
----------------------------------------------------------------------
At the moment not investing serious money. Just buying fractional shares.
posted on 18/9/20
I wrote trading and portfolio simulation systems back in 1999/2000 and portfolio optimization algorithms for investment banks in the mid 2000s.
Have been investing over 20 years, only word of advice is that anyone proclaiming to be an expert is normally inflating their own ability. Even after a good year or two or three, over the long term a regression to the mean is almost a certainty.
The only advice i would offer is avoid AIM mining stocks, or illiquid AIM stocks where the bid/ask spread is wide.
posted on 18/9/20
comment by khals72 (U20667)
posted 25 minutes ago
comment by Boris 'Inky’ Gibson (U5901)
posted 1 minute ago
Serious money or just investing small amounts?
----------------------------------------------------------------------
At the moment not investing serious money. Just buying fractional shares.
----------------------------------------------------------------------
Big US Tech companies?
posted on 18/9/20
My advice is, don't listen to the experts ,they all have their own agenda ,and huge ego's, and probably more money than you,so can afford to be "free" with their advice.
Also ,wait until after the US elections ,unless you are going for high tech and/or pharmaceuticals.
posted on 18/9/20
I was able to semi-retire and downsize at the age of 32 (1992) on the basis of my personal economic security - secured through share dealing. It was just easier then.
Not going to be too detailed on this forum but generally:
* Don't bother with FTSE
* Most banks sharedealing apps facilitate trading on DJI. Thus no taxes are liable. As long as your not registered as employed in the share dealing 'business' or working for someone else etc.
*The application form to do such is self filled
* Develop and use an understanding of human economic, social and political phenomena, practices, and trends etc., (both locally and globally) to make investment decisions.
* Some will miss. So never overstretch.
* Try to make it that most don't - if not, you're in the wrong vocation.
* broadly, humans are self-destructive, corrupt, nasty, stupid, greedy, selfish etc., and thus investments in the least ethical stock are likely to offer the best return
* because of the point above, get out as soon as poss, and find ways to appease your conscience
posted on 18/9/20
comment by Admin1 (U1)
posted 55 minutes ago
I wrote trading and portfolio simulation systems back in 1999/2000 and portfolio optimization algorithms for investment banks in the mid 2000s.
Have been investing over 20 years, only word of advice is that anyone proclaiming to be an expert is normally inflating their own ability. Even after a good year or two or three, over the long term a regression to the mean is almost a certainty.
The only advice i would offer is avoid AIM mining stocks, or illiquid AIM stocks where the bid/ask spread is wide.
----------------------------------------------------------------------
This is wise advice here
posted on 18/9/20
If you're starting out, invest in funds. This website will have a comparison of those which are 'funds of funds,' in other words, low-cost bundles of other funds to give you the best breadth of the market at a low cost.
https://monevator.com/passive-fund-of-funds-the-rivals/
For most people something like Vanguard Lifestrategy 80/20 (80% shares, 20% bonds, roughly speaking) will be all they need.
posted on 18/9/20
In terms of when you invest, you hear conflicting things. The ideal is to buy low, sell high. Some people say this is 'timing the market' and we can never know exactly when the lowest lows or the highest highs. Other people say 'time in the market, not time in the market' and so encourage people to invest sooner rather than later. I'm more cautious I guess and instead to regular savings (alongside regular savings of cash). Investing in things like SIPPs and LISAs also give you large bonuses (with significant strings attached: look to see if these are right for your situation) even before your investment grows (which it isn't guaranteed to do, but eventually it's likely it will).
posted on 18/9/20
My advice - you gotta know when to hold 'em, know when to fold' em. Take it from me.
Or you can run advanced algorithms like Admin1 but then he wouldn't be running a website which basically hosts thousands of whining argumentititive childish assholะตs, if he were successful with it.
Disclaimer: don't ban me Admin1.
posted on 18/9/20
comment by Admin1 (U1)
posted 2 hours, 38 minutes ago
I wrote trading and portfolio simulation systems back in 1999/2000 and portfolio optimization algorithms for investment banks in the mid 2000s.
Have been investing over 20 years, only word of advice is that anyone proclaiming to be an expert is normally inflating their own ability. Even after a good year or two or three, over the long term a regression to the mean is almost a certainty.
The only advice i would offer is avoid AIM mining stocks, or illiquid AIM stocks where the bid/ask spread is wide.
----------------------------------------------------------------------
I’m curious admin, dabbled a bit a while ago, just small change, but from your perspective as a programmer, I’d there any way you could do a (very,very) lite way of the automated platforms from your own home? I’m thinking something that locks in a few quid here and there into shares you watch, with the sim to spread and sell as soon as it goes up a touch? I’m guessing api’s are non existent, but could you approach it from a tiny yield massive portfolio perspective, with a bit of knowledge, a solid and fast internet connection and great programming skills?
I’m guessing not, as everyone would be at it. The aim would be much as the big guns and their ultra fast connection and algorithms use, fractional advances (albeit from a very limited pot)? Suppose you’d have to circumnavigate logins and multiple web forms to sell/purchase and be dependent on pretty old info too in terms of public shares sites....
posted on 18/9/20
"I’m guessing not, as everyone would be at it."
It should have ended there
posted on 18/9/20
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct though unworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
posted on 18/9/20
As institutional investment is increasingly heading towards Bitcoin then this would be my first choice.
Given the direction of global business re-conference calling along with the huge increases in e-sports/VR etc then 'Theta' is well worth looking into........
https://www.thetatoken.org/
Either way all the best
posted on 18/9/20
comment by Ole-Dirty-Baztard (U19119)
posted 4 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct thoughunworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
----------------------------------------------------------------------
A money making macro? Yeah I'll have some of that. Although whoever is selling it will be a multi billionaire. Over to you A1.
posted on 18/9/20
comment by ...TUX... (U22398)
posted 6 minutes ago
As institutional investment is increasingly heading towards Bitcoin then this would be my first choice.
Given the direction of global business re-conference calling along with the huge increases in e-sports/VR etc then 'Theta' is well worth looking into........
https://www.thetatoken.org/
Either way all the best
----------------------------------------------------------------------
If you're going for ten years down the line I think this would be excellent. I've been saying for the last ten years this is going to kick off massively. Still waiting but it will happen!
With cloud gaming beginning to kick off, it's only a matter of time before the two are linked and every household is paying a monthly subscription.
posted on 18/9/20
comment by There'sOnlyOneRed's (U1721)
posted 14 minutes ago
comment by Ole-Dirty-Baztard (U19119)
posted 4 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct thoughunworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
----------------------------------------------------------------------
A money making macro? Yeah I'll have some of that. Although whoever is selling it will be a multi billionaire. Over to you A1.
----------------------------------------------------------------------
I know, I know. I was just curious if anyone had attempted such a thing on a very very small scale, hence why I asked admin who said he wrote the algo’s for big guns. I was thinking a highly long term minimal investment accumulative thing, not make millions overnight but I do digress I was thinking out loud, even if you could see one you’d be depending on old data(hence why there’s a whole competition about latency in the sector). The data I was thinking would be small fry stuff...but yes..it’s a nonsense thought.
posted on 18/9/20
Back in the day I liked shares that gave you something.
Townsend Thorenson.. A free ferry crossing
Forte... À free weekend for two in a nice hotel etc
Plus if you were lucky a dividend.
posted on 18/9/20
Thank you all for sharing valuable points and information.
posted on 18/9/20
comment by There'sOnlyOneRed's (U1721)
posted 8 minutes ago
comment by ...TUX... (U22398)
posted 6 minutes ago
As institutional investment is increasingly heading towards Bitcoin then this would be my first choice.
Given the direction of global business re-conference calling along with the huge increases in e-sports/VR etc then 'Theta' is well worth looking into........
https://www.thetatoken.org/
Either way all the best
----------------------------------------------------------------------
If you're going for ten years down the line I think this would be excellent. I've been saying for the last ten years this is going to kick off massively. Still waiting but it will happen!
With cloud gaming beginning to kick off, it's only a matter of time before the two are linked and every household is paying a monthly subscription.
----------------------------------------------------------------------
Agreed bud, it is a long-term 'punt' so to speak but as you say this space is massive.
I get the feeling that Theta will be a household name within the next 5yrs.
posted on 19/9/20
comment by There'sOnlyOneRed's (U1721)
posted 3 hours, 21 minutes ago
comment by Ole-Dirty-Baztard (U19119)
posted 4 minutes ago
comment by There'sOnlyOneRed's (U1721)
posted 40 seconds ago
"I’m guessing not, as everyone would be at it."
It should have ended there
----------------------------------------------------------------------
True, was thinking out loud. But maybe to the extent of a sideline, ie leave your software monitoring the shares it’s bought, Whilst you do your day job, but not looking at nano second raises, just small ones, whenever it may be on solid stocks. Would be quite brave trusting your cash in the hands of a self written bit of software!
You are correct thoughunworkable and time consuming, I was more curious about someone with admins skill set would consider that sort of nonsense and what they’d do (if anything at all).
----------------------------------------------------------------------
A money making macro? Yeah I'll have some of that. Although whoever is selling it will be a multi billionaire. Over to you A1.
----------------------------------------------------------------------
I'll reply tomorrow or over the next few days. But the nature of a dynamic system that you influence as a result of participating means it's essentially impossible to establish long term significant algorithmic advantage.
posted on 19/9/20
I’d take Warren Buffet’s advice and invest in an index funds. You’re essentially the investing across the whole of the particular share market that’s relevant to you, i.e the FTSE in the UK or the ASX in Australia. Far less risk (in theory) and more stable returns. Here in Australia you can set up an account with $5,000 and then minimum deposits of $200. Depends what you’re looking for though. So this would be great as a retirement fund but if you want higher risk and bigger returns over the short term then I’d look at something else.
posted on 19/9/20
Is Tesla really worth billions when it sell's say 50.000 cars a year.
My advice in the current market stay well away from the stock markets, feck all of the top 5 are cash friendly and are in fact loss making in the the greater scheme of things.
For the few bob you throw in will only give you grief and a trip to pharmacy for a Paracetamol.
Fact by the way.
posted on 19/9/20
And Ignore, Gates, Buffet and their type as being these brilliant philanthropists, that's the the biggest myth out there.
They still make money out of what they spout.
Page 1 of 2