Where can I source stock recommendations?

robert moon

Registered User
Messages
16
I recently inherited €150k. Pension maxed ,
etc.
I have a few good shares that have proved successful but I need some good recommendations . I don’t trust stockbrokers
any ideas how I can source these ?
 
11 We don't discuss individual shares
You won't find any messages suggesting investing in CRH or asking if AIB is a good investment. That is not the purpose of Askaboutmoney. We don't facilitate stock tipping or speculation about the future performance of individual shares. There are other forums which discuss individual shares such as The Investments and Markets Forum of boards.ie

This guideline does not restrict you from discussing
  1. the mechanics of buying or selling shares in a flotation
  2. Rights issues - pricing and mechanics
  3. Dividend Reinvestment Plans – pricing and mechanics
 
Hi Robert.

If you haven't invested previously then I suggest you read up on some various investment strategies and find one that suits you.

Some good books:
Thinking, Fast and Slow by Daniel Kahneman
A Path to Financial Freedom: A Guide to Sound investing by Rory Gillen
The Intelligent Investor by Benjamin Graham (a little dated now)
The Essays of Warren Buffett by Warren Buffett
One Up On Wall Street by Peter Lynch

As a starting point try the www.motleyfool.com for free info and then you can subscribe to their newsletters if you feel that they offer value. Other guys who provide decent investing information can be found at https://www.youtube.com/@BrianFeroldiYT.

I recommend setting up a virtual portfolio with no money invested and track it over a period of time, keep a journal of decisions made and highlight good and bad moves to learn from your wins and losses.

Other good sources of information are (contain premium versions also):
www.seekingalpha.com
www.tikr.com
www.finviz.com
www.finchat.io
www.quartr.se (listen to conference calls)

There are numerous other ways to organise your intake and management of information using podcasts, websites, X (twitter) - using Lists. Lots of investors on substack writing interesting blogs on investing although it can be difficult to find the gems.

If you don't enjoy reading, learning, researching etc then I suggest it may not be for you.

Best of luck.
 
If I were you I’d setup an account with DeGIRO and IBKR, transfer half that money to each. Buy a single accumulating ETF in a broad index like MSCI World, S&P500 or NASDAQ100 then forget about it for 8 years. In 8 years you’ll need to start making tax returns to pay some tax, any accountant will handle this for you cheaply and easily.

The likes of the NASDAQ100 (to pick one as an example) has returned an average of 20% a year over the last 10 years. You’re highly unlikely to beat that and trying to will cost you a huge amount of time, money and hair.
 
I recently inherited €150k. Pension maxed ,
etc.
What's "etc."?
Do you already own your own home?
Do you have any debts?
Do you have other assets/savings/investments?
Maybe a Money Makeover post would help?
Edit: just saw this.
Trying to look for some magic "hot" stock tips is not a good way to approach investing. What's more important is selecting a diversified set of shares in well run companies with food growth and income generating prospects and then investing in them and not trying to buy and sell in an attempt to time the markets and make changes on transient events and news. But others have more or less covered this already above...
 
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