The FTSE

  • Thread starter Thread starter worsleyweb
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Phil Mitchell Foden said:
Trying to make short term gains and move your money around is time intensive and stressful though. Not worth the return really for how much you put in, for the average retail trader anyway.
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Agree with that 100%.

My own (balanced) portfolio is up 156% net since May ‘17 and I’ve not had to touch it since I made the trades.

It’s less “fun” but I don’t kid myself myself that I have my ear close enough to the ground to be a trader.
 
I'm only a small investor (£200 per month) but have just bought 1000 shares in Cineworld at just over 65p each, mate reckons once the pandemic is under control and we get back to normality (sort of) the shares could double. If they do that's next years season card paid for (almost).
 
SWP's back said:
Agree with that 100%.

My own (balanced) portfolio is up 156% net since May ‘17 and I’ve not had to touch it since I made the trades.

It’s less “fun” but I don’t kid myself myself that I have my ear close enough to the ground to be a trader.
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Yeah I managed to make a few really profitable trades in the post rona madness of the market following the year after the crash, but then a lot of the unrealised gains were wiped out during spring. Some new positions down a lot. Now bagholding a number of positions. I wouldn't chuck any big money in anything I didn't think could be a longer term hold though, so I'm not that worried.

Growth tech gets smacked in downturns though, and cost opportunity is a killer.

Need to learn to take a back seat though, because it's way too time intensive and I could be investing that time and energy better elsewhere at this point.
 
hammocity said:
I'm only a small investor (£200 per month) but have just bought 1000 shares in Cineworld at just over 65p each, mate reckons once the pandemic is under control and we get back to normality (sort of) the shares could double. If they do that's next years season card paid for (almost).
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It’s more complex than that I fear mate. They have a massive debt pile (£8.5bn) and are burning through £30m a month and have cash reserves of £350m. Hopefully cinemas reopening will allow them to put the brakes on that bleed. Are there any decent box office film releases on the horizon??? as they look a little exposed if you ask me. Solid enough numbers pre-COVID if they can get to that level of customer footfall again, but that debt pile needs sorting long term because it’s a noose around the neck - clear that and it’s a 600p share.

Good luck with the trade.
 
metalblue said:
It’s more complex than that I fear mate. They have a massive debt pile (£8.5bn) and are burning through £30m a month and have cash reserves of £350m. Hopefully cinemas reopening will allow them to put the brakes on that bleed. Are there any decent box office film releases on the horizon??? as they look a little exposed if you ask me. Solid enough numbers pre-COVID if they can get to that level of customer footfall again, but that debt pile needs sorting long term because it’s a noose around the neck - clear that and it’s a 600p share.

Good luck with the trade.
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Cinema will die off in the next decade or so, all major films will be released on streaming platforms. Our internet is getting better and can support it.
 
Scottyboi said:
Cinema will die off in the next decade or so, all major films will be released on streaming platforms. Our internet is getting better and can support it.
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You might be right but i’m not convinced it will mate, watching a film at home just isn’t the same experience. It’s a bit like going to a game and watching it on the TV, you even get a much better view on TV but thousands of us still turn up in person. Must be mental ;)

But cinema is an expensive night out. Especially if you’re taking the kids along.
 
My private pension has jumped £26k in 12 months, despite essentially paying in the minimum amount during Covid.

I didn't want to freeze it, but I'm in for roughly £240 in contributions during that period.

It's not buying in to Amazon in 1998, but it's the biggest return I've ever had for such a minimal outlay.

Kudos to my financial adviser!
 
hammocity said:
I'm only a small investor (£200 per month) but have just bought 1000 shares in Cineworld at just over 65p each, mate reckons once the pandemic is under control and we get back to normality (sort of) the shares could double. If they do that's next years season card paid for (almost).
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Not a bad few few days for you.

Cineworld is the most shorted stock on the LSE at the moment.

I’d keep a close eye on it if I were you. Maybe move your stop up already if you use them.
 
Wafty Cranker said:
Not a bad few few days for you.

Cineworld is the most shorted stock on the LSE at the moment.

I’d keep a close eye on it if I were you. Maybe move your stop up already if you use them.
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Thanks, only a relatively small investor and quite new to it so not got around to using the stop facility, I'll have a look tomorrow. My Rolls Royce investment (which is my largest single trade) is 28% up now which is pleasing, I think it's on the back of the US flight restrictions being lifted. My AJ Bell and Open Money managed portfolio, are doing well also, around 7% combined, any tips!
 
Dying to get involved in this but know diddly squat!

Coukd afford around £750-1,000pm to invest
 
TINY said:
Dying to get involved in this but know diddly squat!

Coukd afford around £750-1,000pm to invest
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Plenty of knowledgeable blues on here, I'd read the thread first off then ask questions, you'll get good advice. I don't understand a lot of the jargon but I'm learning (slowly).

My only advice is not to use all your liquid fund to invest in share, try about a third of your bank roll to begin with, use your ISA allowance first, up to 20k per fiscal year at the moment.
 
hammocity said:
Thanks, only a relatively small investor and quite new to it so not got around to using the stop facility, I'll have a look tomorrow. My Rolls Royce investment (which is my largest single trade) is 28% up now which is pleasing, I think it's on the back of the US flight restrictions being lifted. My AJ Bell and Open Money managed portfolio, are doing well also, around 7% combined, any tips!
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I’ve bought into Telecom Plus this week. It’s making moves. A bit boring but other energy companies are going bust and TP have a deal with Eon where they supply TP with energy at a fixed price. Gives it an edge at the moment and a few could years could be on the horizon.

Also, the Scottish Mortgage Trust didn’t seem to drop at all this week when everything else did. That is a star performer in my pension.
 
zerox said:
7% is not good when compared with crypto.

Tether, a crypto stable coin pays 8% interest on some platforms.
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At my age and lack of confidence/knowledge of crypto currency's it just doesn't appeal to me. I know it's probably great but not for me, I'm doing ok, investments are a part of my retirement finances, to be there for a rainy day.
 
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