The FTSE

  • Thread starter Thread starter worsleyweb
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Made me laugh and I know exactly what you mean. I’ve been reading up on investments, shares, bonds etc for a while and still can’t get my head round the language of yields, shorts, etc
Yields is just the amount that an asset pays out to the holder each year.

So on a Bond/Gilt, it's its coupon value (Think of £100 note that also pays the holder interest every 12 months).

And on a Equity (Share), it's the dividend (share of profit) that each share holder is paid per share.
 
Shorted just means that rather than buying an asset (like gold) and hoping it goes up, I bought oil and hoped it would go down in value. The 50x leverage means that I pay a small amount per day to "borrow" 50x my invested amount. This means (when shorting) that a 2% price increase would make me lose all my money, or a 2% decrease would double my money.

I only use a bit of play money for this sort of day trading (I don't go anywhere near managing my proper investments) as it may as well be gambling.

ah ok thanks, that looks even more of a risk than gambling (from my perspective at least), Seems you did very well with the oil then, even though you didn't hold out for the negative value :) nice one.

I was going to ask how you would go about this sort of trading, then thought better of it. I'd rather not know how to burn all my money, I'm capable of doing that without any help :):)
 
ah ok thanks, that looks even more of a risk than gambling (from my perspective at least), Seems you did very well with the oil then, even though you didn't hold out for the negative value :) nice one.

I was going to ask how you would go about this sort of trading, then thought better of it. I'd rather not know how to burn all my money, I'm capable of doing that without any help :):)
Ha. I use an app called eToro. But I must have deleted and re-installed it 30 times in the last few years.
 
Yeah, wish I had the money/timing to have nipped in when they were under £9 a few weeks ago. Rio Tinto fell back a lot too......precious metal miners have to be a good place to be ATM for the right price (you'd think). Bloody easy with hindsight, this shares caper.

Shell have cut their dividend, I didn't see that coming to be honest. Dropped today but still well up on the £9 from a few weeks ago.
 
hehe it will just tell me to fuck off then

The likes of IG allow you to have virtual accounts to see what you could have won/ lost. Don’t know if they cover shorting and spread betting and whatnot. Personally I steer clear of the virtual stuff and just try and make reasonable choices with my real money but they are there for those who want to play
 
Think we can say goodbye to a lot of dividends at the minute

I thought Shell might have kept theirs. First time since WW2 that they've cut it apparently.

You can spread bet on IG. The thing those demo accounts don't teach you about is margin call. I had an account set up with Self Trade back years ago. I thought, for example if I had a £1,000 in an account and shorted something at £10 a point it would have to move against me for a 100 points before the position is closed. It didn't work like that. When I logged into my account I should have been say on a healthy profit, but instead Self Trade had closed my positions on me. I then made a big mistake and thought I'd go chasing after the profit I should have had, basically guessing on certain things, you can guess how that worked out!

Ever since then I give myself a little cool off period, if I think I'm trading on emotion. I'd compare it to going "on tilt" in poker. That was an expensive lesson.
 
My pension fund plummeted by around 20% at one point due to the Covid-19 outbreak. Checked earlier and it’s recovered all losses. While I’m sure there will be plenty more dips to come, it’s still surprising to see it get back to where it was so soon as the economic outlook isn’t exactly positive.
 
My pension fund plummeted by around 20% at one point due to the Covid-19 outbreak. Checked earlier and it’s recovered all losses. While I’m sure there will be plenty more dips to come, it’s still surprising to see it get back to where it was so soon as the economic outlook isn’t exactly positive.

You must have plenty of technology and health and little UK exposure in your fund choice because they are the only sectors that have really done well in this.
 
Nice gains today. The FTSE 100 closed above 6,000.

Some big movements in TUI and Easyjet, both up over 10% in a day.

I would think that as many European countries are talking about opening borders are resuming flights in time for Summer, that would have a major impact on airline share prices. Good to see them going back up.
 
You must have plenty of technology and health and little UK exposure in your fund choice because they are the only sectors that have really done well in this.

Yeah, quite a bit, but it’s not just confined to those. These are the 8 funds in my portfolio:

Baillie Gifford American
First State Asia Focus
Fundsmith Equity
Legal And General Global Technology Index
Legal And General US Index
Legg Mason IF Japan Equity
Lindsell Train Global Equity
Lindsell Train Japanese Equity
 
Yeah, quite a bit, but it’s not just confined to those. These are the 8 funds in my portfolio:

Baillie Gifford American
First State Asia Focus
Fundsmith Equity
Legal And General Global Technology Index
Legal And General US Index
Legg Mason IF Japan Equity
Lindsell Train Global Equity
Lindsell Train Japanese Equity


Fundsmith is very good, Held it for a long time and got an ISA for my daughter in it hopefully by the time she takes it it will be worth a significant amount
 
Yeah, quite a bit, but it’s not just confined to those. These are the 8 funds in my portfolio:

Baillie Gifford American
First State Asia Focus
Fundsmith Equity
Legal And General Global Technology Index
Legal And General US Index
Legg Mason IF Japan Equity
Lindsell Train Global Equity
Lindsell Train Japanese Equity

Some good funds in that lot. I think the key has been avoiding the UK. The £ falling in value hasn’t helped either but has helped shore up the figures for UK investors holding overseas funds.

I have seen many examples of portfolios built around UK equity income funds and they have been absolutely hammered with their over reliance on Shell and BP.
 
I've been dabbling in the markets for over 40 years now with some success mixed in with some car crashes but over all I made enough to retire myself a few years earlier than most. I don't claim to be any better at it than others, maybe my modest success has come from having the ability to read and evaluate company account ratios freely available on financial websites.

Nowadays I tend to restrict my trading, if that is what it is, by buying a FTSE 100 ETF on the dips as measured by freely available charts provided by Bigcharts, and by selling off some of these buys when the FTSE rises in pictorial excess. There are no guarantees that this will work long term for the investor [or punter might be a better description] but buying low and selling high has always been the proven ambition of people who make investing a long term aim.
 
Some good funds in that lot. I think the key has been avoiding the UK. The £ falling in value hasn’t helped either but has helped shore up the figures for UK investors holding overseas funds.

I have seen many examples of portfolios built around UK equity income funds and they have been absolutely hammered with their over reliance on Shell and BP.

Spot on, that is why the UK markets have been hit more than their US equivalent. Some of the biggest companies on the FTSE are oil or mining companies, where as in the US it's tech companies like Amazon which are at all time highs.
 
Some good funds in that lot. I think the key has been avoiding the UK. The £ falling in value hasn’t helped either but has helped shore up the figures for UK investors holding overseas funds.

I have seen many examples of portfolios built around UK equity income funds and they have been absolutely hammered with their over reliance on Shell and BP.

RD Shell for more or less £9.50 plus div looking good now though.
 

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