This doesn't sound like a very prudent approach to investing to be honest.
This doesn't sound like a very prudent approach to investing to be honest.I had some pre election and theyve done well - but for how long. Feel like theyre overpriced, but what do i know, therefore have sold them, taken a bit of profit and will buy back in when they (hopefully) fall back a bit.
My decision to invest in tesla shares proved profitable. whats your point?Ok - but the thread title isn't "what was your best gambling decision?"
One man's meat is another man's poison.Ok - but the thread title isn't "what was your best gambling decision?".
I think that Arthur locked away his money on deposit with Raisin and doesn't now want to admit to it.
Better off putting it in a currant account.
Same here except the government will still swipe away 30% even though the interest rate doesn't compensate for inflation loss and the government still takes their pound of fleshPutting excess money on deposit through Raisin has worked well. The rates were simply better than elsewhere. I certainly didnt put all my money into Raisin @Brendan Burgess, just excess funds that I may need access to over the medium term.
Be that as it may, the BRK.B that I bought in April 2020 has gained 160%. If earning a gross CAGR of 20%+ is getting things wrong then long may they keep failing.
Or, as Beckett wrote, "Ever tried. Ever failed. No matter. Try again. Fail again. Fail better."
In fairness bank of ireland group was a high risk investment, it was only steady and boring before the financial crash. Anyone buying it after the crash even has been on a roller coaster, it was the same for all the banks and financials, the covid sell off was truly the bottom because everything changed after that with inflation the end of negative interest rates etc. You would have been lucky to buy bank of ireland at that low price back in 2020. It just shows how hard investing in stock markets really is and how markets are always mis priced both on the up and the downside. I heard Michael o leary also bought alot of ryanair shares in 2020 when they were all heavily sold off , the same time warren buffet was selling his airline stocks at a lossbought some BRK myself in March 2020, but for example what should be a boring steady stock like BIRG bought in May 2020 is up around 500% since then.
Hi GerryGodFor me it was maximising my contributions to Company supported pension and buying a buy to let house in Dublin in 2010. Like others I also started to buy shares direct and takinng an interest in the 'market' about 20 years ago. I manage my own portfolio today.
What does this mean?markets are always mis priced both on the up and the downside.
If buffet followed his own advice, he wouldn't have bought airlines in the first place. I heard Michael o leary also bought alot of ryanair shares in 2020 when they were all heavily sold off , the same time warren buffet was selling his airline stocks at a loss
Do you hold different stocks in both portfolios or the same? I assume you hold different stocks versus whats held in pension otherwise, whats the point?Yes I do. I manage the shares direct with Degiro and II (two separate accounts for wife and me to avail of CGT allowances annually) and the pension is in a ARF (balanced)