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Anyone ever had any success in the stock market? 12:57 - Aug 30 with 1732 viewsOhDavidMcgoldrick

I occasionally buy shares to supplement savings accounts etc but only go for defensive options - never taking any big risks.

Has anyone ever had a big risk actually pay off?

Genuinely interested if it is 'real world' possible to take those small price stocks and ride the wave to big bucks!
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Anyone ever had any success in the stock market? on 13:06 - Aug 30 with 1426 viewsStu_Magoo

I once made a fair few quid off a stock called "Gulf Keystone Petroleum". I was living in the Middle East however so think I benefitted from the fact local news regarding them took time to make it to the mainstream (during which time I invested)

A couple of mates of mine spend a lot of time on the "iii" forum where penny stocks are discussed extensively. (complete with hissy fits and bunfights so should feel like home from home..!)
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Anyone ever had any success in the stock market? on 13:26 - Aug 30 with 1378 viewsDeano69

Read the book Unshakeable by Tony Robbins. Bit American, but principles the same.

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Anyone ever had any success in the stock market? on 13:29 - Aug 30 with 1364 viewsfooters

I work in the industry. 73% of our retail clients lose money. We're obliged to tell you this.

If you do want to get into it, please educate yourself properly and obviously never risk what you can't afford, etc. There's a reason the market analysts I work with still have to do a day job, even with decades of experience. If it were that easy, they'd be on a beach, not having lunch with me.

"Yeah well, those kids probably get stickers for good behaviour, not our fault that Phil aint dishing out Paninis is it"
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Anyone ever had any success in the stock market? on 14:00 - Aug 30 with 1309 viewsthatdamgood89

Porn, Alcohol, Tobacco. Can't really go wrong there. Even the church of England invest in those three apparently.
[Post edited 30 Aug 14:18]
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Anyone ever had any success in the stock market? on 15:18 - Aug 30 with 1254 viewsBent_double

Anyone ever had any success in the stock market? on 13:06 - Aug 30 by Stu_Magoo

I once made a fair few quid off a stock called "Gulf Keystone Petroleum". I was living in the Middle East however so think I benefitted from the fact local news regarding them took time to make it to the mainstream (during which time I invested)

A couple of mates of mine spend a lot of time on the "iii" forum where penny stocks are discussed extensively. (complete with hissy fits and bunfights so should feel like home from home..!)


You actually made money on them did you?

I was several thousand up at one point, but in my infinite wisdom (also know as greed), I decided that they were still going to double/treble from there. They didn't: so much corruption/insider dealing with the CEO, dodgy claim against the company and the actions of the Iraqi government/KRG, I eventually sold out for a few hundred pounds.

Never, ever again, just premium bonds for me now!

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Anyone ever had any success in the stock market? on 15:24 - Aug 30 with 1238 viewsnrb1985

Anyone ever had any success in the stock market? on 13:29 - Aug 30 by footers

I work in the industry. 73% of our retail clients lose money. We're obliged to tell you this.

If you do want to get into it, please educate yourself properly and obviously never risk what you can't afford, etc. There's a reason the market analysts I work with still have to do a day job, even with decades of experience. If it were that easy, they'd be on a beach, not having lunch with me.


Is that first line really true? I'm staggered if so!

Surely whether they make or lose money depends entirely on the market and less on the individual - this on the assumption they're investing into passive funds and the like.
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Anyone ever had any success in the stock market? on 16:01 - Aug 30 with 1205 viewsElephantintheRoom

Best advice is to identify some blue chip shares you are comfortable with that pay good dividends. Look at the spread over the year(s) and see how much they tend to go up and down. Also be aware we are due for a crash. Buy low and sell high. If your chosen shares go low and stay low for a while buy some more if you can afford it. Remember the dividend will give you a better return than most investments. Remember to sell high - that's where your real income gains will come from.... especially if there is something that is low to reinvest in. Beware of penny shares and guff in the press - they are usually being paid to talk rubbish or responding to a lunch and/or a presentaion. IT IS possible to make money once you recognise hyped shares in certain sectors - eg Amerisur Resources and Hurricane Energy - they go up and down substantially based on false hopes - Amersur recently went up to 18p from 14p - a good return for example - but you'll lose money if you believe the hype. My advice would be to spend a lot of time watching a small portfolo of shares and take advantage of 'fantasy stock market' which I think Halifax offer - that way you can build your confidence and pseudo-expertise at no loss. But you can do that anyway on a spreadsheet. For the forseeable future you need to invest in $ earners - or businesses that fluctuate a lot..... D S Smith, ,pulling ut of plastic packaging andgoing all green appeals t tree huggers, betting shares if you can stomach profiting from other people's stupidty. That's 2% commision you owe me.

Blog: The Beat One Year On

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Anyone ever had any success in the stock market? on 16:06 - Aug 30 with 1186 viewsSpruceMoose

Anyone ever had any success in the stock market? on 16:01 - Aug 30 by ElephantintheRoom

Best advice is to identify some blue chip shares you are comfortable with that pay good dividends. Look at the spread over the year(s) and see how much they tend to go up and down. Also be aware we are due for a crash. Buy low and sell high. If your chosen shares go low and stay low for a while buy some more if you can afford it. Remember the dividend will give you a better return than most investments. Remember to sell high - that's where your real income gains will come from.... especially if there is something that is low to reinvest in. Beware of penny shares and guff in the press - they are usually being paid to talk rubbish or responding to a lunch and/or a presentaion. IT IS possible to make money once you recognise hyped shares in certain sectors - eg Amerisur Resources and Hurricane Energy - they go up and down substantially based on false hopes - Amersur recently went up to 18p from 14p - a good return for example - but you'll lose money if you believe the hype. My advice would be to spend a lot of time watching a small portfolo of shares and take advantage of 'fantasy stock market' which I think Halifax offer - that way you can build your confidence and pseudo-expertise at no loss. But you can do that anyway on a spreadsheet. For the forseeable future you need to invest in $ earners - or businesses that fluctuate a lot..... D S Smith, ,pulling ut of plastic packaging andgoing all green appeals t tree huggers, betting shares if you can stomach profiting from other people's stupidty. That's 2% commision you owe me.


I'm not paying 2% if I have to add in my own paragraphs.

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Anyone ever had any success in the stock market? on 16:09 - Aug 30 with 1178 viewsfooters

Anyone ever had any success in the stock market? on 15:24 - Aug 30 by nrb1985

Is that first line really true? I'm staggered if so!

Surely whether they make or lose money depends entirely on the market and less on the individual - this on the assumption they're investing into passive funds and the like.


I make the distinction between retail and professional clients. As ever, the more money you have, the more money you can make. BUT if we're talking about someone who wishes to play the markets, especially FX, with the few grand they have, then yes, they do lose out. We're required by ESMA to publish that figure.

"Yeah well, those kids probably get stickers for good behaviour, not our fault that Phil aint dishing out Paninis is it"
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Anyone ever had any success in the stock market? on 16:13 - Aug 30 with 1174 viewsElephantintheRoom

Anyone ever had any success in the stock market? on 13:29 - Aug 30 by footers

I work in the industry. 73% of our retail clients lose money. We're obliged to tell you this.

If you do want to get into it, please educate yourself properly and obviously never risk what you can't afford, etc. There's a reason the market analysts I work with still have to do a day job, even with decades of experience. If it were that easy, they'd be on a beach, not having lunch with me.


A few years ago someone compared the returns over a year based on a the recommendations of a leading 'investment firm' and compared it to the selctions of a chimpanzee and a pigeon. The pigeon won - which more or less confirms my own obcervations when I was a trustee on a company pension fund.over a longer period.

Blog: The Beat One Year On

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Anyone ever had any success in the stock market? on 16:17 - Aug 30 with 1154 viewsfooters

Anyone ever had any success in the stock market? on 16:13 - Aug 30 by ElephantintheRoom

A few years ago someone compared the returns over a year based on a the recommendations of a leading 'investment firm' and compared it to the selctions of a chimpanzee and a pigeon. The pigeon won - which more or less confirms my own obcervations when I was a trustee on a company pension fund.over a longer period.


Indeed. You may as well go down Will Hill if you're looking to make money in markets, especially if you know fck all about it.

"Yeah well, those kids probably get stickers for good behaviour, not our fault that Phil aint dishing out Paninis is it"
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Anyone ever had any success in the stock market? on 16:18 - Aug 30 with 1155 viewsitfc48

I wouldn't advise starting with the small price stocks as there's plenty of Steve Dale types hanging around some of those companies. There is also a lot of short selling that goes on with AIM stocks which drives prices down when you might expect them to be on the rise.

Also don't believe all that you read on share message boards as you get 'rampers' who will say positive things (not necessarily all true) about a company in order to encourage others to buy and drive up the price artificially.

Finally spread your risk. Build up a portfolio of companies - don't put all your funds in one company.
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Anyone ever had any success in the stock market? on 16:21 - Aug 30 with 1134 viewsSpruceMoose

Anyone ever had any success in the stock market? on 16:18 - Aug 30 by itfc48

I wouldn't advise starting with the small price stocks as there's plenty of Steve Dale types hanging around some of those companies. There is also a lot of short selling that goes on with AIM stocks which drives prices down when you might expect them to be on the rise.

Also don't believe all that you read on share message boards as you get 'rampers' who will say positive things (not necessarily all true) about a company in order to encourage others to buy and drive up the price artificially.

Finally spread your risk. Build up a portfolio of companies - don't put all your funds in one company.


If you're just wanting sensible long term investments to just sit there quietly and do its thing then just whack your cash in an index linked jobbie that tracks the S&P or something.

Don't bother fecking around with these actively managed portfolios. Sure, buy individual stocks with fun money, but if you have a long term investment goal, playing around with them too much probably isn't your way to go. Spread that risk boyo.
[Post edited 30 Aug 16:22]

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Anyone ever had any success in the stock market? on 16:25 - Aug 30 with 1132 viewsnrb1985

Anyone ever had any success in the stock market? on 16:13 - Aug 30 by ElephantintheRoom

A few years ago someone compared the returns over a year based on a the recommendations of a leading 'investment firm' and compared it to the selctions of a chimpanzee and a pigeon. The pigeon won - which more or less confirms my own obcervations when I was a trustee on a company pension fund.over a longer period.


Lolz.

While this is funny, anything can happen over a year. If you're long equity markets then you really need a 3-5yr time horizon as a minimum.
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Anyone ever had any success in the stock market? on 16:48 - Aug 30 with 1110 viewsElephantintheRoom

Anyone ever had any success in the stock market? on 16:25 - Aug 30 by nrb1985

Lolz.

While this is funny, anything can happen over a year. If you're long equity markets then you really need a 3-5yr time horizon as a minimum.


Well yes indeed. At more or less the same time I was at a medical conference which launched the first statin. Most research was paid for by MSD but there were one or two presentations by global authorities that didn't make much news. The guy in charge of the Framingham Study ( not Ed's place, more East coast USA) had tracked not just statins over what was a relatively short period, but other risk factors and interventions over decades. The biggest benefit by far to avoid heart attacks was not reducing cholesterol - it was being a bald man. Very good news for some.

The same study incidentally showed that doing exercise effectively made you live longer - more or less as long as the exercise you did - eg 1 hour jogging a week and you lived 1 hour longe per week you did it. Conclusion - jogging does you no harm unless you dont look when crossing roads - but dont bother doing it if you dont enjoy it.

Another guy called Gerry Stamler stunned the pharma people in the audience by saying doctors should change diet as the first intervention, diet as the second intervention - and diet as the third. Diet, diet, diet. Very true - but why try and change the habits of a lifetime when you offer an easy and expensive solution?

Nowadays doctors the world over give you a diet leaflet whilst they write out a prescription for statins to be taken by almost everyone of a certain age - including, ironically by me - on the basis it beats exercise and I can still eat what I like.

A bit irrelevant to this thread - other than as an illustration of the hokum behind shares.... pharma shares are must have at the moment. Glaxo were built on a 'wonder drug' for ulcers you can now buy at Tesco for indigestion and AstraZeneca had a slightly better but far more expensive drug that saw the company built almost entirely on doctors overprescribing a ruinously expensive drug to counter indigestion.

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Anyone ever had any success in the stock market? on 16:59 - Aug 30 with 1094 viewsdirtyboy

I made substantial amounts with Desire Petroleum (day trading) GKP, GW Pharma and Tullow (Tullow was a weird one as I had a client who phoned up asking implications to withdraw best part of quarter of a mil to buy some shares....I logged on and bought some quicker than he did lol!)

At one point, in my late twenties I was up nearly £30k. Of that £30k, i'm left with approx £5k through greed and incompetence and haven't touched shares for about 10 years. I've only recently recovered (although not mentally lol!)

I do wonder about decent steady dividend paying stocks, but I just can't face it any more lol! Never mind huh?

I still have the remnants of Red Rock Res, Bahamas Petroleum, Sound Oil etc languishing at -99% in my portfolio, £000s to buy, now would cost me more to sell than they're worth lol!
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Anyone ever had any success in the stock market? on 17:00 - Aug 30 with 1094 viewsgiant_ullaa

only as a know nothing fool following risky broker advice to dump a fair chunk of a house deposit in Cafe Nero shares which then doubled. jammy.
[Post edited 30 Aug 17:00]

Has anyone ever looked at their own postings for last day or so? Oh my... so sorry.
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Anyone ever had any success in the stock market? on 21:17 - Aug 30 with 965 viewsSonOfSpock

I've got a modest number of shares in a pharma company that is looking at gene therapy solutions, and possibly cancer cure.

Have doubled my money in 18 months but not really going to be getting ready for early retirement.
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Anyone ever had any success in the stock market? on 21:42 - Aug 30 with 927 viewsBanksterDebtSlave

Anyone ever had any success in the stock market? on 13:29 - Aug 30 by footers

I work in the industry. 73% of our retail clients lose money. We're obliged to tell you this.

If you do want to get into it, please educate yourself properly and obviously never risk what you can't afford, etc. There's a reason the market analysts I work with still have to do a day job, even with decades of experience. If it were that easy, they'd be on a beach, not having lunch with me.


How is long toilet roll going?

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Anyone ever had any success in the stock market? on 21:43 - Aug 30 with 918 viewsBanksterDebtSlave

Anyone ever had any success in the stock market? on 15:24 - Aug 30 by nrb1985

Is that first line really true? I'm staggered if so!

Surely whether they make or lose money depends entirely on the market and less on the individual - this on the assumption they're investing into passive funds and the like.


The other name for the 73 per cent is 'bag holders!'

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Anyone ever had any success in the stock market? on 21:47 - Aug 30 with 909 viewsjeera

Anyone ever had any success in the stock market? on 15:24 - Aug 30 by nrb1985

Is that first line really true? I'm staggered if so!

Surely whether they make or lose money depends entirely on the market and less on the individual - this on the assumption they're investing into passive funds and the like.


No it is true.

Footers does have a job.

I know, but it is true.

Well it looks like a duck, it sounds like a duck. Nope, dunno what it is.
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Anyone ever had any success in the stock market? on 21:48 - Aug 30 with 906 viewsjeera

Anyone ever had any success in the stock market? on 21:42 - Aug 30 by BanksterDebtSlave

How is long toilet roll going?


Per square?

Well it looks like a duck, it sounds like a duck. Nope, dunno what it is.
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Anyone ever had any success in the stock market? on 21:51 - Aug 30 with 899 viewsBanksterDebtSlave

Anyone ever had any success in the stock market? on 21:48 - Aug 30 by jeera

Per square?


Brexit innit....nailed on winner!

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Anyone ever had any success in the stock market? on 22:46 - Aug 30 with 801 viewsnodge_blue

Anyone ever had any success in the stock market? on 16:09 - Aug 30 by footers

I make the distinction between retail and professional clients. As ever, the more money you have, the more money you can make. BUT if we're talking about someone who wishes to play the markets, especially FX, with the few grand they have, then yes, they do lose out. We're required by ESMA to publish that figure.


I do find that hard to believe but you seem to know what you are saying. I can only assume people bail out too soon. You only have to pick and hold and most shares make money in the long run. Especially if you include dividends. Or pick funds like Scottish mortgage investment trust or lindsell train global.

If people think of 5 years timeframes most will be successful. Not necessarily spectacular.

Only invest what you could lose. Pick funds if inexperienced.

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Anyone ever had any success in the stock market? on 23:17 - Aug 30 with 749 viewsFreddies_Ears

Anyone ever had any success in the stock market? on 22:46 - Aug 30 by nodge_blue

I do find that hard to believe but you seem to know what you are saying. I can only assume people bail out too soon. You only have to pick and hold and most shares make money in the long run. Especially if you include dividends. Or pick funds like Scottish mortgage investment trust or lindsell train global.

If people think of 5 years timeframes most will be successful. Not necessarily spectacular.

Only invest what you could lose. Pick funds if inexperienced.


But if you invest just before a crash, it can take a very, very long time to see any kind of profit.

I pay a fund manager to look after my investments, but I do give quite specific steers as to what I'm keen on and what I wish to avoid. I have always avoided property, due to volatility and potential for lack of liquidity. I have very little in UK equities, other than where earnings are largely non-£ - it is a kind of currency play, and has rewarded really well since mid-2016 for some reason. The whole approach is based on risk appetite - mine is low, and so the approach is conservative and returns modest. But over 10 years, I have seen average returns of RPI + 2% (that's net of fees), which suits me fine.
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