The FTSE

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twosips said:
Always wanted to get into shares. How much do you realistically need to invest to start noticing a potential return? Any tips, genuine newcomer to it all. Likely won't obviously, but always felt curious about it.
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I started dabbling about six months ago using an Android app called Freetrade. Very easy to set up, and I just put in a small amount to see how it worked. Luckily, I followed a tip from here (from @Skip Donoghue) to purchase NIO. I've added a bit each month, and now I have £525 invested, with a growth of £811, so a portfolio currently worth £1336.

I'm retired and I draw from a SIPP every six months or so. I'll add a small amount to this each time I withdraw, and purchase based on recommendations from here. It is a bit of spare money from my point of view, and I can get it back at any time. The returns are better than any account, but obviously a risk, hence I only put in a small amount occasionally.
 
Fame Monster said:
I bought into them at their IPO. I thought they were slightly overpriced at the time - I'm now up 200%.
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Good work! I bought some NIO shares but didn't go for XPeng as didn't want to break the golden rule on diversification! But if I had, would probably have cashed out already and gone for some lower risk stocks having made a nice profit.

I'm very good at making money hypothetically though, and most of the shares I do own are slowly getting back to a profitable position. Rolls Royce being one.
 
twosips said:
Always wanted to get into shares. How much do you realistically need to invest to start noticing a potential return? Any tips, genuine newcomer to it all. Likely won't obviously, but always felt curious about it.
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It's a big subject but one with various ways of meeting your needs depending on your personality and your circumstances. As a total novice I would suggest you buy a book such as "Investing in Shares for Dummies" by David Stevenson and Paul Mladjenovic. Unlike most other Dummies books, this one is written for the UK reader and is one of those books where you can read the entire lot or just selected chapters to suit your needs. The more you learn, the better the strategy you will develop.
 
@Paladin, how do the costs compare with trade 212?, these 2 apps appeared about the same time, and seem to be in competition with each other
 
Paladin said:
How do you start a Crypto account? Is there an app?
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Crypto makes me shudder, I do have a Coinbase account and that's been OK, invest £500 of my matched betting profit in Litecoin in late 2017 on a "tip", shot up to a value approaching £900, and is currently worth about £200.

Never has the phrase "only gamble what you can afford to lose" been more true than with Crypto
 
zerox said:
@Paladin, how do the costs compare with trade 212?, these 2 apps appeared about the same time, and seem to be in competition with each other
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As far as I'm aware, there are no costs, or if there are, they are minimal. You are restricted to certain stocks though. Other stocks are reserved for subscribers, and that doesn't come cheap.
 
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Best just stick to something we know about. Open an account with Betfair or Betdaq and bet on City NOT winning forthcoming games. I'm not talking about Lay bets as these require a bit of reverse thinking and it's quite possible to make mistakes, but the forthcoming game against Burnley is the kind of game I specialise in. We are not likely to do anything other than win that one, but it can go all wrong as us long-standing supporters know only too well. So when Burnley are quoted at 20.0 for a win, or 8.6 for the draw, then a small bet is worth taking. My theory is that if City win the game then to see my account decline by £4 is acceptable and unnoticeable but if City do not beat this lot then to see my account rise by either £13 or £35, give or take a few pence in commission, then my theory that some b'stard can pay for this will be well proven.
 
Hi, Looking to trade on the stock market and invest a modest sum of 100 pound. Could I do this through my bank or would I have to sign up online
 
Ben_DFC said:
Hi, Looking to trade on the stock market and invest a modest sum of 100 pound. Could I do this through my bank or would I have to sign up online
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Probably not all banks. The Halifax do but have a look at platforms with low cost one off trading. You obviously don't need a monthly pay account. Some are free but check what percentage you pay when you sell. Low cost is about £3 a trade but you may pay less when you sell. Just something to take into account rather than the seemingly attractive commission free buy.

Have a look at this guide.

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Tesla was up over $600 a share earlier! Been a pull back since and all the main EV companies are down a bit today.
Have now got around 20% of my SIPP invested in NIO. Hopefully it turns out to be the right move - if it hits Tesla levels pre-split and I’ve not bottled it and bailed out in the meantime then that’s my retirement fund sorted!
 
I'm no cynic but... said:
Best just stick to something we know about. Open an account with Betfair or Betdaq and bet on City NOT winning forthcoming games. I'm not talking about Lay bets as these require a bit of reverse thinking and it's quite possible to make mistakes, but the forthcoming game against Burnley is the kind of game I specialise in. We are not likely to do anything other than win that one, but it can go all wrong as us long-standing supporters know only too well. So when Burnley are quoted at 20.0 for a win, or 8.6 for the draw, then a small bet is worth taking. My theory is that if City win the game then to see my account decline by £4 is acceptable and unnoticeable but if City do not beat this lot then to see my account rise by either £13 or £35, give or take a few pence in commission, then my theory that some b'stard can pay for this will be well proven.
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A wonderful example of a hedge bet.
 
Well NIO dropped quite a lot over the past couple of days. Closed yesterday at around $45 a share and opened around $40 today. It fell further to just below $39 early doors so I bought a load more at around $39.5. Only time will tell if that’s a wise move and I’m now balls deep in NIO but it does bring my average buying price down, and has recovered well to around $47 a share. Hopefully the drop was just a correction rather than a sign of something more ominous. Over on that eToro platform there’s been plenty of talk of it being delisted from the US stock exchange along with all the other Chinese stocks but that just sounds like wild speculation to me due to alleged fraudulent activity by another unrelated Chinese company. Maybe someone with a bit more knowledge can clarify the details? Either way, maybe those rumours have led to some panic selling by short-term investors.
 
M18CTID said:
Well NIO dropped quite a lot over the past couple of days. Closed yesterday at around $45 a share and opened around $40 today. It fell further to just below $39 early doors so I bought a load more at around $39.5. Only time will tell if that’s a wise move and I’m now balls deep in NIO but it does bring my average buying price down, and has recovered well to around $47 a share. Hopefully the drop was just a correction rather than a sign of something more ominous. Over on that eToro platform there’s been plenty of talk of it being delisted from the US stock exchange along with all the other Chinese stocks but that just sounds like wild speculation to me due to alleged fraudulent activity by another unrelated Chinese company. Maybe someone with a bit more knowledge can clarify the details? Either way, maybe those rumours have led to some panic selling by short-term investors.
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I think the delisting is just if the companies block auditors. Don't think that'll happen and as badly wrong as I got it about NIO in the past (not investing), I think 39 sounds good value. I sold my Xpeng shares a few days ago and bought back in today so hopefully we're onto a winner because they both seem to be interlinked.
 
M18CTID said:
Tesla was up over $600 a share earlier! Been a pull back since and all the main EV companies are down a bit today.
Have now got around 20% of my SIPP invested in NIO. Hopefully it turns out to be the right move - if it hits Tesla levels pre-split and I’ve not bottled it and bailed out in the meantime then that’s my retirement fund sorted!
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NIO will be triple digits within the next 2 years, the potential within the Chinese Market alone is huge, but they won't stop there, they are already planning to start shipping into Denmark next year, to test the European market

hold on to them shares as tight as possible, see through the noise like delisting and all that crap and remember the big boys want your shares and will do or use anything they can to spread fear, NIO SP will go up and it will go down, but stay strong you have a winner
 
M18CTID said:
Well NIO dropped quite a lot over the past couple of days. Closed yesterday at around $45 a share and opened around $40 today. It fell further to just below $39 early doors so I bought a load more at around $39.5. Only time will tell if that’s a wise move and I’m now balls deep in NIO but it does bring my average buying price down, and has recovered well to around $47 a share. Hopefully the drop was just a correction rather than a sign of something more ominous. Over on that eToro platform there’s been plenty of talk of it being delisted from the US stock exchange along with all the other Chinese stocks but that just sounds like wild speculation to me due to alleged fraudulent activity by another unrelated Chinese company. Maybe someone with a bit more knowledge can clarify the details? Either way, maybe those rumours have led to some panic selling by short-term investors.
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It was on sale yesterday mate, I bought more also, you made a very wise move, the delisting is nothing for NIO to worry about, they have already confirmed to Barrons that they comply on all fronts with PCAOB, a steady climb back to the 50s will start soon, hold them shares tight, you won't regret it
 
Fame Monster said:
I think the delisting is just if the companies block auditors. Don't think that'll happen and as badly wrong as I got it about NIO in the past (not investing), I think 39 sounds good value. I sold my Xpeng shares a few days ago and bought back in today so hopefully we're onto a winner because they both seem to be interlinked.
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XPENG and NIO will be the 2 front runners to come out of China, they are competing for different positions in the market XPENG are looking to the lower end where NIO are looking towards the higher end
There is rumours XPENG have signed an agreement with NIO to incorporate NIOs battery swap tech, which is a wise move if true
 
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