jonnyswamp Posted November 10, 2021 Share Posted November 10, 2021 Anyone invest in stocks/shares/currencies etc I opened a couple of virtual accounts last year (or maybe earlier) and just checked on them and one is up 6k odd and the other 7k odd I have been reading about copytrading and have opened a virtual account with etoro Have copytraded one person and invested in some others, Amazon, alibaba and airbnb being some of the others Going to leave it a month or so and see what happens Anyone got any 1st hand experience with this, be very interested to hear some facts rather than the usual, don't invest what you can't afford to lose etc Quote Link to comment Share on other sites More sharing options...
Andy135 Posted November 10, 2021 Share Posted November 10, 2021 When you say virtual accounts, do you mean they're not trading accounts, rather they mirror what you would have made had you invested real cash? Or are they online trading accounts with your money deposited in them? Either way, to have made £6k and £7k in the space of a year sounds impressive. What % gain / how much capital invested to return those numbers? I have a trading account with Hargreaves Lansdown that's made me about 1.5% over the last 18 months. Not great, but massively better than the measly 0.1% that my bank offers for a savings account. I stick to UK equities - partly because HL charges fees for holding funds and they don't offer FX trading, but also because it's easier to research quality companies if they're UK based. Most FTSE companies are paying dividends again now which, thanks to dividend reinvestment and compounding, makes any investment grow quicker. I use a buy and hold strategy i.e. buy high quality companies and hold them for at least 5 years. Disclaimer: none of the above should be interpreted by anyone as investment advice. I'm not qualified and I simply state how I invest. What works for me may not work for you. Past performance is not an indicator of future performance yada, yada, you get the idea... jonnyswamp 1 Quote Link to comment Share on other sites More sharing options...
Odyssey Posted November 10, 2021 Share Posted November 10, 2021 16 minutes ago, Andy135 said: When you say virtual accounts, do you mean they're not trading accounts, rather they mirror what you would have made had you invested real cash? Or are they online trading accounts with your money deposited in them? Either way, to have made £6k and £7k in the space of a year sounds impressive. What % gain / how much capital invested to return those numbers? I have a trading account with Hargreaves Lansdown that's made me about 1.5% over the last 18 months. Not great, but massively better than the measly 0.1% that my bank offers for a savings account. I stick to UK equities - partly because HL charges fees for holding funds and they don't offer FX trading, but also because it's easier to research quality companies if they're UK based. Most FTSE companies are paying dividends again now which, thanks to dividend reinvestment and compounding, makes any investment grow quicker. I use a buy and hold strategy i.e. buy high quality companies and hold them for at least 5 years. Disclaimer: none of the above should be interpreted by anyone as investment advice. I'm not qualified and I simply state how I invest. What works for me may not work for you. Past performance is not an indicator of future performance yada, yada, you get the idea... I’ve tried to do similar in the past but never had the capital. I plan to save up over winter and invest a bit. That’s unless I get a big boat related bill 🤣🤣🤣🤣 jonnyswamp 1 Quote Link to comment Share on other sites More sharing options...
JDP Posted November 10, 2021 Share Posted November 10, 2021 No, my investments come from things I can use daily and sell if I need to with little loss (usually gains). I know big money can be made quickly but it can also be lost quickly too. People I know who invest in shares and bitcoin etc seem to be always watching how their investments are doing where my investments are being used to get me offshore or to remote locations away from others in the 4x4's. These friends I have talk about retiring and doing the things I do now as soon as they have made enough from the investments, where I see it as I don't know the future so do those things now. Ive been able to spend my whole life with my family exploring this country to the point they are all grown up now and continuing a similar lifestyle. So many people I know talked of taking a year off to drive around the country with their kids but never did it and now their kids like mine are grown up doing their own thing even though they could afford several years off. I also have some very wealthy friends with large investments and properties all over the world who have addmited they have not seen much of the real world even though they have traveled it well. 5 star hotels and luxury transport often misses out on so much. jonnyswamp and Geoff 2 Quote Link to comment Share on other sites More sharing options...
Saintly Fish Posted November 10, 2021 Share Posted November 10, 2021 Ive thought about stocks and shares but don't have a clue how to start. Apart from putting money into bigger boats, I'm on the course to try and build a property portfolio. I have one flat at the moment which yields a monthly 13% interest. Plus in 24 months it's gone up 20k in value. Im saving for a second. Andy135, jonnyswamp and Geoff 3 Quote Link to comment Share on other sites More sharing options...
Captain Sensible Posted November 10, 2021 Share Posted November 10, 2021 59 minutes ago, Saintly Fish said: Ive thought about stocks and shares but don't have a clue how to start. Apart from bigger putting money into bigger boats, I'm on the course to try and build a property portfolio. I have one flat at the moment which yields a monthly 13% interest. Plus in 24 months it's gone up 20k in value. Im saving for a second. Now you’re talking - bricks and mortar - roughly what area of Uk is the flat in? Quote Link to comment Share on other sites More sharing options...
Captain Sensible Posted November 10, 2021 Share Posted November 10, 2021 2 hours ago, jonnyswamp said: Anyone invest in stocks/shares/currencies etc I opened a couple of virtual accounts last year (or maybe earlier) and just checked on them and one is up 6k odd and the other 7k odd I have been reading about copytrading and have opened a virtual account with etoro Have copytraded one person and invested in some others, Amazon, alibaba and airbnb being some of the others Going to leave it a month or so and see what happens Anyone got any 1st hand experience with this, be very interested to hear some facts rather than the usual, don't invest what you can't afford to lose etc You can day trade shares or basically bet things go up or down in a certain time frame - it’s high risk high reward. Have a look at the IG Trading platform. Have a look at the Bogleheads sub Reddit they’re into investing for long haul so don’t bother if you’re not 30-40 but it’s never too late. Think they use a principle of maximum 3 pot investment low medium and higher risk. S&P (SPY) is making 20% returns over the last year or so, basically an amalgam of 500 top performing companies, buy shares in that for long term. There are others similar at cheaper price point. jonnyswamp 1 Quote Link to comment Share on other sites More sharing options...
GPSguru Posted November 11, 2021 Share Posted November 11, 2021 I have stocks and shares that are along term investment portfolio, which is very safe and gives a half decent return considering there is very little risk, but this type of investment has to be considered as very long term, mine have been growing steadily over 30 years or more. I also tend to play the money markets from time to time and TBH I do pretty well out of it, but you need time on your hands as you need to be sat watching a computer screen for hours. I have 3 PC's here, so it isn't an issue. Bitcoin has also been another good investment, and I also have a bitcoin mining PC running 24/7. To release these significant funds would incur CGT and I don't like paying tax (no, there is NOT pikey in my blood). I have decided to keep this going and the investment will go to the 4 grandchildern when I croak. jonnyswamp 1 Quote Link to comment Share on other sites More sharing options...
Saintly Fish Posted November 11, 2021 Share Posted November 11, 2021 7 hours ago, Captain Sensible said: Now you’re talking - bricks and mortar - roughly what area of Uk is the flat in? I live in Southampton and the flat is in a town a few miles out side. It's only a 1 bed but cheap to buy and all electric. So no gas safety issues , just an electrical check every 5 years. Captain Sensible 1 Quote Link to comment Share on other sites More sharing options...
JonC Posted November 11, 2021 Share Posted November 11, 2021 5 minutes ago, Saintly Fish said: I live in Southampton and the flat is in a town a few miles out side. It's only a 1 bed but cheap to buy and all electric. So no gas safety issues , just an electrical check every 5 years. Do you own the freehold? Quote Link to comment Share on other sites More sharing options...
Saintly Fish Posted November 11, 2021 Share Posted November 11, 2021 12 minutes ago, JonC said: Do you own the freehold? No it's in a block so leasehold. Quote Link to comment Share on other sites More sharing options...
JonC Posted November 11, 2021 Share Posted November 11, 2021 10 minutes ago, Saintly Fish said: No it's in a block so leasehold. Ah, I thought it may have been a busted up house. Quote Link to comment Share on other sites More sharing options...
jonnyswamp Posted November 11, 2021 Author Share Posted November 11, 2021 10 hours ago, Andy135 said: When you say virtual accounts, do you mean they're not trading accounts, rather they mirror what you would have made had you invested real cash? Or are they online trading accounts with your money deposited in them? Either way, to have made £6k and £7k in the space of a year sounds impressive. What % gain / how much capital invested to return those numbers? I have a trading account with Hargreaves Lansdown that's made me about 1.5% over the last 18 months. Not great, but massively better than the measly 0.1% that my bank offers for a savings account. I stick to UK equities - partly because HL charges fees for holding funds and they don't offer FX trading, but also because it's easier to research quality companies if they're UK based. Most FTSE companies are paying dividends again now which, thanks to dividend reinvestment and compounding, makes any investment grow quicker. I use a buy and hold strategy i.e. buy high quality companies and hold them for at least 5 years. Disclaimer: none of the above should be interpreted by anyone as investment advice. I'm not qualified and I simply state how I invest. What works for me may not work for you. Past performance is not an indicator of future performance yada, yada, you get the idea... All virtual, IIRC the "investment" was around 20 k on each account It may have been more, I really can't remember I just bought stuff willy nilly, cos it wasn't my money Euros made a bit Quote Link to comment Share on other sites More sharing options...
captin slows old outlaw Posted November 11, 2021 Share Posted November 11, 2021 1 hour ago, Saintly Fish said: I live in Southampton and the flat is in a town a few miles out side. It's only a 1 bed but cheap to buy and all electric. So no gas safety issues , just an electrical check every 5 years. so we will be seeing you on telly then, knight mere tenets Quote Link to comment Share on other sites More sharing options...
JonC Posted November 11, 2021 Share Posted November 11, 2021 5 hours ago, captin slows old outlaw said: so we will be seeing you on telly then, knight mere tenets My parents were on that program about 5 years ago. They had a tenant who was sent to prison and wouldn’t surrender the lease Quote Link to comment Share on other sites More sharing options...
Andy135 Posted November 11, 2021 Share Posted November 11, 2021 33 minutes ago, JonC said: My parents were on that program about 5 years ago. They had a tenant who was sent to prison and wouldn’t surrender the lease Sent to prison because he wouldn't surrender the lease, or sent down first and wouldn't surrender it whilst inside? Quote Link to comment Share on other sites More sharing options...
JonC Posted November 11, 2021 Share Posted November 11, 2021 The tenant went to prison then let her friends live there, who trashed the place. I’ll find a YouTube link Quote Link to comment Share on other sites More sharing options...
Saintly Fish Posted November 11, 2021 Share Posted November 11, 2021 2 hours ago, JonC said: The tenant went to prison then let her friends live there, who trashed the place. I’ll find a YouTube link Get out of the gatehouse and find this video!! Quote Link to comment Share on other sites More sharing options...
JonC Posted November 11, 2021 Share Posted November 11, 2021 25 minutes ago, Saintly Fish said: Get out of the gatehouse and find this video!! I’ve been checking behind all the gates. Quote Link to comment Share on other sites More sharing options...
Saintly Fish Posted November 11, 2021 Share Posted November 11, 2021 3 minutes ago, JonC said: I’ve been checking behind all the gates. What for the YouTube link? Quote Link to comment Share on other sites More sharing options...
JonC Posted November 11, 2021 Share Posted November 11, 2021 4 minutes ago, Saintly Fish said: What for the YouTube link? No, for parcels GPSguru 1 Quote Link to comment Share on other sites More sharing options...
jonnyswamp Posted December 6, 2021 Author Share Posted December 6, 2021 I just checked on my virtual etoro account I invested $45,310 and I'm down $9,695 Richard Branson has no need to be worried Quote Link to comment Share on other sites More sharing options...
Odyssey Posted December 6, 2021 Share Posted December 6, 2021 Stock market got the jitters due to the new Covid variant. oil prices also down due to the same but petrol sellers are holding firm on their prices which is frustrating…. Not that I can drive anywhere mind….. Geoff 1 Quote Link to comment Share on other sites More sharing options...
Ivan Tuna Posted December 15, 2021 Share Posted December 15, 2021 You can get a Research Account at Interactive Investor, it’s free. Then you can build a real portfolio with individual shares, investment trusts, funds etc, you just don’t own them. You can then see how good your stock picking is over a few months. I did this for a year before doing it for real. jonnyswamp and Geoff 2 Quote Link to comment Share on other sites More sharing options...
Saintly Fish Posted December 15, 2021 Share Posted December 15, 2021 29 minutes ago, Ivan Tuna said: I did this for a year before doing it for real. Are you a millionaire yet? Quote Link to comment Share on other sites More sharing options...
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