Solitaire Posted October 24, 2016 Share Posted October 24, 2016 A good book will tell you the basics, but it's just one big casino really. Spread betting is your best route with a fund. There are loads on the market. Try Hargreaves Lansdown. Yes, I'm into spreadbetting the financial markets. I don't have much expertise to be honest but fortunately I'm well connected with the boys (it's primarily a male thing, I've found) who do. S Link to comment Share on other sites More sharing options...
callum1990 Posted October 24, 2016 Author Share Posted October 24, 2016 is there a team of tou then solitare? i noticed some people do this as a group all put a sum of money in each and have 1 or 2 who do the decision making Link to comment Share on other sites More sharing options...
Kelmscott Posted October 24, 2016 Share Posted October 24, 2016 Yes, I'm into spreadbetting the financial markets. I don't have much expertise to be honest but fortunately I'm well connected with the boys (it's primarily a male thing, I've found) who do. S I don't believe you can beat the market, which is why passive tracker funds are the only way to go. Unless 'well connected with the boys' means insider trading which is one of the very few known ways to beat the market, if you don't get caught. Link to comment Share on other sites More sharing options...
callum1990 Posted March 9, 2017 Author Share Posted March 9, 2017 does anybody go to 1-1 trading classes cheers Link to comment Share on other sites More sharing options...
Obelix Posted March 9, 2017 Share Posted March 9, 2017 does anybody go to 1-1 trading classes cheers Best way to lose lots of money. If you want to start making money in shares, be prepared to lock away your funds for ten years. Also have a good read of Warren Buffets letters to Berkshire. http://www.berkshirehathaway.com/letters/letters.html This years letter (ie 2016) about charges and fees in part (the bet) is especially prescient. Make money? Invest everything in a low cost index tracker fund with a total cost not exceeding 0.5% with http://www.fidelity.co.uk or cavendish.co.uk Split your money 50:20:20:10 UK FTSE all share, S&P500, Euro index, Pacific index. Do nothing for 10 years. You'll beat at least 3/4 everyone else on the planet more or less. Link to comment Share on other sites More sharing options...
Solitaire Posted March 10, 2017 Share Posted March 10, 2017 is there a team of tou then solitare? i noticed some people do this as a group all put a sum of money in each and have 1 or 2 who do the decision making No, it doesn't work like that. Everybody trades individually. I'm on a social networking group and I learn from the guys on there, some of whom trade for a living. Stevie ---------- Post added 10-03-2017 at 00:37 ---------- I don't believe you can beat the market, which is why passive tracker funds are the only way to go. Unless 'well connected with the boys' means insider trading which is one of the very few known ways to beat the market, if you don't get caught. Well, no; it doesn't. I'm a chartered accountant and so ..... I'd be in big trouble if I got involved in any insider dealing. No, I just know some guys who trade the markets professionally for a living and they help me out. If you don't believe that you can beat the market, then probably best to steer clear. I have no interest in convincing you otherwise. Stevie Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted March 13, 2017 Share Posted March 13, 2017 A good book will tell you the basics, but it's just one big casino really. Spread betting is your best route with a fund. There are loads on the market. Try Hargreaves Lansdown. HL's 'Vantage' electronic package is good, whether you self-select your holdings or own just Unit Trusts etc. In a quasi-envelope, all your holdings can be kept together on the HL website without any Certificates to lose, and its dealing fees are very good value too. Link to comment Share on other sites More sharing options...
Mossway Posted March 13, 2017 Share Posted March 13, 2017 I'm with those recommending 'Trackers'. They won't beat the market, but at least you won't end up paying the parasitical fund managers who appear to make shedloads of money doing virtually buggah all ! Link to comment Share on other sites More sharing options...
blackydog Posted March 14, 2017 Share Posted March 14, 2017 Best way to lose lots of money. If you want to start making money in shares, be prepared to lock away your funds for ten years. Also have a good read of Warren Buffets letters to Berkshire. http://www.berkshirehathaway.com/letters/letters.html This years letter (ie 2016) about charges and fees in part (the bet) is especially prescient. Make money? Invest everything in a low cost index tracker fund with a total cost not exceeding 0.5% with http://www.fidelity.co.uk or cavendish.co.uk Split your money 50:20:20:10 UK FTSE all share, S&P500, Euro index, Pacific index. Do nothing for 10 years. You'll beat at least 3/4 everyone else on the planet more or less. I'm going to be in a position soon, where i need to make a choice between a self managed or a managed SIPP. Question is will the professional still out perform a low cost SIPP, even after charges? I have some financial knowledge but not of fund management. Link to comment Share on other sites More sharing options...
Jeffrey Shaw Posted March 14, 2017 Share Posted March 14, 2017 I'm going to be in a position soon, where i need to make a choice between a self managed or a managed SIPP. Question is will the professional still out perform a low cost SIPP, even after charges? Nobody can tell what the future holds- not even paid;for professionals can! Link to comment Share on other sites More sharing options...
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