Ford went poorly - but I don’t mind owning (lots of) that.
Snap went well.
Debated Reddit, didn’t do it. Baffling good, annoyingly.
Dived in and out of chipotle pretty much neutral.
Not sure what’s up next for me.
Ford went poorly - but I don’t mind owning (lots of) that.
Snap went well.
Debated Reddit, didn’t do it. Baffling good, annoyingly.
Dived in and out of chipotle pretty much neutral.
Not sure what’s up next for me.
That was less painful than anticipated. Sold a few things in the immediate spike.
£228 up for the day. Thankfully I’m not the person sirkeer was worried about.
Been increasingly wondering if I can do this full time if, as is looking increasingly likely, I’m punted in the next few years. Currently working plan is retired by 40 and trying to manage a portfolio for £20-40k of income a year to just tick me over.
If someone is trying to make a living out of stocks and shares is spread betting the only/best avenue? I’ve avoided that entirely and instead just shuffle shares of actual companies.
Considering your approach seems to be fucking about based on names, I probably wouldn't make this your retirement plan. You probably have enough cash to go to a wealth advisor who can actually advise you properly.
Plus you've been getting punted for about 10 years now.
As to be expected, my DOGE doubled recently giving me a nice little return. I going to hang on for a while yet, though. To win, you have to be brave enough to lose /warney
You’re probably right, but I’m not convinced it’s as difficult as people think. Once you’ve got a lump of capital as long as it’s pretty well spread there’s so much movement/volatility that unless something is terminal, there’s option.Originally Posted by Kikó
If rivian and IQE avoid going bust I’m probably fine.
Have survived I think 3, maybe 4 expansice company reorganisations in 12 years. Apparently a lot of restructuring ongoing in 2025 too.
Do you think the trump trade keeps going? I’m expecting at some point rational heads to profit take into other cheaper options.
You are trading in a spectacularly easy market at the moment. Don't think this is the norm or that it will always be this way. Trade this way in a Bear Market and you will have your arse handed to you.
Santa is here.
Rivian has been a tick which is what I needed. Only the £7k left in that shit show.
Palantir hit $80 this morning, which would’ve literally been a 10x for me had I just held my original buy. Didn’t.
My Vanguard portfolio has returned 18% this year.
Cracking.My Vanguard portfolio has returned 18% this year.
Made £0 today for the first time in a while. Actually, scrap that, made £3 on championX. Ballin’
It is good isn’t it. Free cash for zero effort.My Vanguard portfolio has returned 18% this year.
Plus they have an app now!
I'm a twit
Yeah, my own investment choices have been inconsistent at best, so knowing I can launch my money into that and have them do way more with it for the 0.06% fee or whatever it is, is a great comfort.
I've noticed Trading212 are dropping the Cash ISA interest rate though. I'm half tempting to throw all that in Vanguard too, as even though I'm on a shares-only portfolio that they deem risky, their historical performance suggests otherwise.
I've said it before and I'll say it again: But ETFs, hold forever.
The one I use, SCHB, is up 27.17% this year.
Boring.
I bought some Macy’s earlier today because it dropped 13%. Sold it this afternoon for £35 profit. Had about £2k of it in there at risk.
That’s what I live for. Wild, speculative punts that cover my weekly food costs.
All you ETF and fund gentleman are too sensible.
Boring but not bankrupt. I’m shit at this thing.
You're both doing it wrong. What you want is most of your money in boring ETF's, but piss all your small change up the wall on toxic pennystocks that never return anything like me and my mate Kiko.
I see your penny stocks and raise you IQE.
Tonight’s earnings gamble is Adobe.
Anyone take control of their own pension pot? I have a company contributions pension but the fund options are quite crap I think, so I’m tempted to see if I can take control of it as a Sipp and shove it in an S&P tracker.
Last edited by Foe; 11-12-2024 at 06:19 PM.
I put about $10k into bitcoin and ethereum months before they both went to hell. Held on tight and now I am up 100%. I also have some on Nvidia, which obviously has done great, and TSM, which took a while but finally is delivering. The big losses to far are AMD and Novo-Nordisk, but I think they'll come good with time.
See, I can be fun too!
Adobe went not good.
That's my one investment outside of Vanguard now. I liquidated everything I had to put in ETFs, but kept the 1 Ethereum I bought for just shy of £1k in early 2021. That's now £3k.
Go me.
Some of the ftse stalwarts finally showing signs of life this morning was pleasant, for the 45 minutes it last before they reverted to being red.
Told myself I would do research over Xmas so I could be a more informed investor, but couldn’t be arsed so I’m just swing trading snap in 2025 as my core investment strategy.
As all time highs continue unabated I was thinking to myself that if Mellers had just stuck to his Roller/IAG picks it could have been Mellin's Economics and not Gary's Economics as the runaway youtube sensation.
His book would have been great as well.
Are we ever getting him back?
No. He's even left THE GROUP, without saying anything. So, either
1) he's lost everything, gone back to a life of crime and he's in HMP Whereverthefuck.
2) He's lost everything and is living in a Postoffice doorway.
3) Actually made a fortune off of Yev's grand or whatever he put in and is currently shagging a backpacker on a beach in Phuket.
It was £300, maybe £500, but certainly no more. Either way, a great con and you have to respect him for it.
Rolls tipped at around 75, current price, 587 - think that was Nov 2020. I've still got it.
Not sure when he tipped IAG, but I'm sure it was less than half of what it is now.
So, however many hundred down on the scam, many tens of thousands up on the other side. Come back Mellers.
Gary's big tip at the time was gold, which, whilst good, is nowhere near Roller.
I would welcome more tips.
How badly is trump going to fuck novo? They’ve slipped under $80/share today which seems like VALUE.
My snap swing trading experiement is fun*
*until it goes bust.
Is this the Ozempic shit? I’d say buy, purely on the basis that it is absolutely going to have horrendous side effects so of course the market will be flooded with it before we realise. That’s usually how this stuff works.
Yeah, I wouldn't touch it purely because it feels like a future Thalidomide case, but you're right in that they'll probably have made several Billionaires before the news of the maiming and cover ups break.
Last edited by Spikey M; 17-01-2025 at 06:38 PM.
Yeah exactly that.
Trump wanting green land means they might end up in the cross hairs as a major danish exporter, and now they’re tariff/price negotiating it.
I’m not thinking long term here, I’m thinking could this get a ten percent return and to me, I can’t see why it wouldn’t be able to pop back. It might never break $100 again but the danish economy is so reliant on it - it’s actually causing worker shortages for other companies.
The real risk with Novo Nordisk is that their patents run out in a year or two, so generics will become available. You got to decide whether you think that the brand name will carry them or not.
It’s currently 1% of my portfolio so I think I can cope with that risk.
Better than when I had rivian as about 15% of my portfolio for sure.
Out of novo.
Also back out of palantir today.
Snap needs to pick itself off the floor, I’d rather not have so much of this ahead of the next warnings on 8th feb I think. Some, yes, but not a lot. Big upside but large downside.
Does anyone do much foreign stocks outwith the UK/US?
Novo/BMW aside, I’ve not really looked much. But there must be opportunities to get into some European companies to take advantage of the euro, or jump (late) into India’s efforts to control world growth.
Why is everyone talking about Ripple all of a sudden?
Because it grew over 1000 times recently.
The reason it is going up is because of the rumors of the US maybe starting a crypto reserve. I guess we'll see. Might be worth a gamble, I guess, although probably too late to that party and dealing with crypto is a bit of a pita.
Last edited by Pepe; 22-01-2025 at 07:13 PM.
Is it a rumour? Trump literally said he is going to do it.
Well, he says a lot of things.
Novo Nordisk's stock (NVO) rose more than 8% in Friday trading on news that the company's latest weight-loss product delivered favorable results.
I made something like £50 profit so I don’t really care, but I was frustratingly right.
I was so right with palantir in the low 70s and high 60s too, but I unloaded on the ride up, as I often do.
My biggest win today was IQE rising 20% and looking like it might not go out of business. At one point I had £10k in that, now I feel more secure in that it’s “only £7k”.
Making better decisions is my plan for 2025. I took some wild swings in 2024.
Foe punts of January:
Crocs
Vodafone
Snap
Hollywood bowl
Warpaint
Jd sports
Sounds like a terrible day out when I was 14.
Probably will have an equally dismal return. We will see.
5% on each of those bar snap is the minimum expectations. Snap could easily get a 20% from its current price, but could equally result in a 20% retreat.
Need a strong final week of January or my ability to generate profit is plateauing.
How is META bucking this deepseek downturn and just powering on up?
Nvidia down 16%.
He got in bed with Trump.
Didn't Meta open source their LLM models a while ago? So I guess they're not affected by a much more efficient LLM competitor.
Has anyone yet worked out where the energy for all this processing power is coming from?
Drill, baby, dril.
No risk it, no biscuit. I’m in.
The more I read into Trump II the more he becomes a very distinct thing from Trump I, indeed hardly anything to do with Trump at all and more of a front for tech gangsters.
That Marc Andreessen tweet about the price of everything falling to zero was a bit of a tell.
My former advisor is very excited because BIG COAL might be back.
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