The FTSE

117 M34 said:
Mine is in a nutmeg stocks and shares isa.
I've got about 80% of the money in a 7/10 risk pot and 20% in a 6/10 pot.
They are made up of about 70/60% equities and 20/30% bonds and then 'other' makes up the rest.

They have lost about 9% since the start of the year.
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They invest in EFTs in everything across the world but I can't see a breakdown of any kind as to which markets.


Maybe you get better info if you start to open one. Probably not dissimilar to most medium to high risk S&S ISAs in theory but some will perform better than others, as I opened a new one in March very similar 23% Bonds, 75% Shares and 2% Cash, and it recovered in the last month. They make it hard to find exactly what is in them.
 
Manchester33 said:
Wow! What a scumbag!
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Hi mate, i didn’t sell at the top because most of the coins i had were locked for 21 days. Didn’t have to do that but was earning about a grand a week from having the coins staked so nearly all my mates had done the same. Once it was fucked there wasn’t really chance to get out in time. Got all my money back from it and made a bit of profit but nothing like i should have done.

Basically it was attacked, the founder has since admitted he got too overconfident ( as a lot of us did) and tried to make it too big too soon. We were happy to hold because if the stable coin had held its peg it would have been a coin that lots would have( and had started to) invested in during the bear market. It had held during all the previous dips.

After it’s collapse there were tons of rumours about what had happened. There was a weakness that was exposed at the perfect time to fuck it. The founder has always maintained his innocence but yes has had to go into hiding and has recently done a fair few interviews.

Basically it’s looking more and more like that Sam Bankman and FTX were behind it. The coin relaunched in about July i think and i sold what i could of then which was a bit of an unexpected bonus as i thought i wouldn’t get a penny more from it.

I’ve now got slightly less of the new coin(which was given to people who were staked at the time of the crash) than i held originally. That said coin is worth about $1.30 and this time last year the original coin was worth over $100. Been some year and not how i foresaw things playing out. Needless to say i’ve spent a bit less on my Christmas shopping this year! :)
 
In view of the events of the last 12 months I am surprised to see that on a straight comparison basis, including dividends received and retained within my portfolio, I am actually up by a touch over £500 in that period. I did it by getting rid of anything I didn't understand and instead just concentrated on a ftse ETF, buying in at the dips as observed in charts and confirmed by a couple of technical indicators.

I would be the last person to say that charts are reliable and can successfully indicate what will happen in the future but in a market environment where public psychology in mass numbers come into play, charts used correctly can indicate where both falls or rises have been overdone by mass buying or selling.
 
Things appear to be looking up, my S&S ISA is only 2.2% down on its december 21 value now :/
 
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