I have a few quid to invest, and since Crypto seems to have gone to shit, are there any financial experts on here that can point me in the right direction for info etc?
Any good sites you recommend?
Thanks in advance.
I have a few quid to invest, and since Crypto seems to have gone to shit, are there any financial experts on here that can point me in the right direction for info etc?
Any good sites you recommend?
Thanks in advance.
Look at some ICO offerings for new coins bit easier and better returns than stocks.
I’m not an expert but from reading around this seems like a smarter option, if you have telegram and are serious about getting into ico let me know and I’ll invite you to a syndicate I’m in that gets you good bonus coins etc.
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ilscuro (17th June 2018)
ilscuro (17th June 2018)
ivrytwr3 (17th June 2018)
Your inbox is full.
IMO crypto is all just too much of a gamble still, I’m tempted to put a bit in there but only money I could afford to lose. If a coin takes off then of course and ICO could be profitable but if it doesn’t then it could go the other way too and the volatility is crazy which makes them good for trading but unnerving for investing.
Nothings a sure thing, I learned that the hard way by pumping a ton of money into a stock when I was younger and lost almost all of it (paper loss still but I won’t be getting my money back). Always spread your investment, it’s tempting to go “all in” on one that’s doing well but it can go down a lot faster than it went up in value.
Over the past 2 years I have changed my strategy a bit, I was investing in individual shares but didn’t have time to keep on top of the macro economics and analyse how they’d affect those industries so I am mainly in diversified funds now. I think in my first year the average returns were 20% across the funds and have remained fairly consistent, I had to sell most of them for a deposit but those I still hold have returned 35-50% over the 2 years (although Brexit/Trump helped as I bought when the market dipped after each event). I'm considering selling out now though and putting the money into a really low risk category of funds as the markets are at all time highs and a lot of uncertainty globally so a fall may be coming.
I was with TDWaterhouse for trading but they have been bought out by Interactive Investor now. For research there's a site called Trustnet where you can find funds and view their performance over time, cross reference with the fund managers performance etc. Past performance isn't necessarily an indicator of the future but the way I see it, if they have consistently outperformed their class (you compare that fund against a benchmark for its industry) then that's good enough for me. Watch out for management fees too, they are all listed on the site and are what's you will pay the fund manager.
I won't recommend any to invest in as I'm not an expert at all, this just interests me at a personal level. One that you might want to research though is Vanguard, they have notoriously low management fees and have some highly diversified funds so you aren't over exposed to any one market. I don't own any vanguard shares nor have I ever but they regularly come up in conversation on Reddit financial advice, of course this could be a concerted effort which is why I say to research yourself.
ilscuro (17th June 2018)
Great info pal thanks for taking the time to write it.
SXX sit on it for 5 years. Enjoy.
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"That's why I fucked your bitch you fat mother fucker"
Ha I missed that, I took my punt from AVForums around 12 months ago.
Sanj[UK] (19th June 2018)
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