The FTSE

  • Thread starter Thread starter worsleyweb
  • Start date Start date
jacko74 said:
Finally bit the bullet and decided to invest for the first time in my life after only ever holding cash.

Put a lumpsum in Fundsmith... down 3.5 percent in less than a fortnight, ouch.

Have to keep reminding myself it's all about ''time in the market and not timing the market'' and I fully intend to hold for at least 5 years, just need to stop keep checking it almost daily.
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Great minds..well sort of.

Am in the same boat as had been monitoring FS for a while now & now that it’s a new tax year was looking to invest in a new ISA.

Decided to take the plunge this week with a lump sum amount since noticed the share price dropped & bought into the so called dip.

Wouldn’t pay too much attention to the fund value now since most portfolios have taken a hammering this week. Plus you should be investing in FS for the long term since it’s a more of a steady growth fund than spectacular.
 
The Black Shed said:
I'd like to go green/ethical with some stocks. Are there any opportunities left for investing into wind farms and the car battery/solar power markets or has this ship sailed a few years ago?
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There will always be improvements somewhere in the world of technology. You mention car batteries and as the perceived present restrictions to widespread growth of electric powered cars is low mileage then someone, somewhere will produce a car battery that is smaller, lighter, more powerful, lasts longer and, crucially, is cheaper, and when this happens just watch the mass market take off.
 
hammersmithlad said:
Great minds..well sort of.

Am in the same boat as had been monitoring FS for a while now & now that it’s a new tax year was looking to invest in a new ISA.

Decided to take the plunge this week with a lump sum amount since noticed the share price dropped & bought into the so called dip.

Wouldn’t pay too much attention to the fund value now since most portfolios have taken a hammering this week. Plus you should be investing in FS for the long term since it’s a more of a steady growth fund than spectacular.
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Short term pain long term gain!!
 
Tommy_Catons_Perm said:
I prefer to use the concept of pound cost averaging and invest small sums by monthly direct debit. I hardly notice the money leaving my bank account anymore as I'm so used to it.

I've invested in Fundsmith over the last 3 years or so and made a decent return so far ......very roughly 25 per cent. Only check it every 3 or 4 months and usually pleasantly surprised by the increase in value.
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A very sensible approach.
 
Does anyone think it would be worth a punt into a pharma related ETF? Seems they've underperformed recently. Could there be some significant post Covid growth?
 
kinkyblue said:
Morrison’s have done me proud over the last few week!
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Be careful. The recent share price rises are due to takeover bids but the latest news is that some shareholders are against it which could make the SP very volatile over the next few days. Anybody’s guess which way it will go but potential rises or falls could be quite dramatic.
 
west didsblue said:
Be careful. The recent share price rises are due to takeover bids but the latest news is that some shareholders are against it which could make the SP very volatile over the next few days. Anybody’s guess which way it will go but potential rises or falls could be quite dramatic.
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I know, it’s just when to press the sell button !
 
kinkyblue said:
I know, it’s just when to press the sell button !
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Most dealing is done online these days and your best tactic is likely to be in the setting up of a stop-order. Example: Buy a clutch of shares at the market price at the time and at the same time place a stop-loss order at, say, 15% below what you bought them for. If the market goes against you, you will be out without being taken to the cleaners. But if the shares continue to rise, scrap that stop order and place a new one at a higher level than the old one, say 10% below the new price. If your shares keep on rising, just keep on adjusting that stop order upwards. If the price should suddenly reverse, you'll be out with a profit, hopefully. I work this way myself these days. It takes the emotion out of the game and I don't need to tear out my hair anymore!
 
Looking better today after the worst week since February. (Incl. DJIA, S&P etc).
 
worsleyweb said:
I am indeed. My tip for everyone is Rolls Royce shares. Currently around £1. Once Covid is done with to a a degree I think room to double.
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Without a doubt WW, they have invested around 100m (small change) in a new test bed at Derby and the first 6 months of this year has seen a small profit of 115m compared to a loss of around 5.5b last fiscal year. They are in negotiations to supply new engines on a lease basis with a major manufacturer and are also involved with a Nuclear project, double the price is the minimum expectation, three fold is not unrealistic.
 

Rolls-Royce is developing mini nuclear power plants

A consortium led by Rolls-Royce Motor Cars has crafted design plans for small-scale nuclear power plants.
inhabitat.com inhabitat.com

Even though it quotes Rolls Royce Auto I'm pretty confident it's RR UK, part of the non BMW owned group, I've already transported some test pieces from GM to the East Midlands for a trial project.
 
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Bluemanc100 said:
I took a punt on some Arrival (EV Vans) shares recently and they are down by ~50% at present... SWMBO says "they're the last shares you are ever buying" ;-)
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Ive just offloaded shares at a 75% loss and will be treating myself to a new watch with the "proceeds". Sod it! Thankfully others have bailed me out but sick of watching them lose and then stagnate.
 
hammocity said:
Without a doubt WW, they have invested around 100m (small change) in a new test bed at Derby and the first 6 months of this year has seen a small profit of 115m compared to a loss of around 5.5b last fiscal year. They are in negotiations to supply new engines on a lease basis with a major manufacturer and are also involved with a Nuclear project, double the price is the minimum expectation, three fold is not unrealistic.
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Been thinking of having a dabble on these after WW's tip. Anyone know where he lives? :)
 
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