[Finance] Investing in stocks... for fun (and maybe some profit?)... tips?

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nicko31

Well-known member
Jan 7, 2010
19,247
Gods country fortnightly
AI, Robotics and Self-Driving Taxis and Delivery Vehicles will be the future.

Tesla is at the front of all of these, so that'd be my long term play and one of the stocks I'll be rotating into when I've cashed out of the crypto bull market.

Day trading is for fools now unless you've got a more powerful AI than the people at Blackrock, Vanguard and so on. They'll clean you out faster than you can fart the morning after a curry.
FFS Tesla is about the most overvalued stock in US corporate history.

A P/E of 200 with sales tanking worldwide. BYD recently overtook them it sales and has a P/E of 23
 






RandyWanger

Je suis rôti de boeuf
Mar 14, 2013
7,441
Done a Frexit, now in London
Depends on your end goals. Money in the bank devalues about 3% year on year so a safe option would be to buy the world. Pretty sure your platform will do a World ETF. This should even out, beat inflation and maybe 2% on-top reliably.
If you like risk, go with a Crypto ETF basket, you can ride the rollercoaster without having to worry about private keys and security and if it's in an ISA enjoy those benefits too.
 


Tim Over Whelmed

Well-known member
NSC Patron
Jul 24, 2007
10,805
Arundel
I've become a bit of an expert of the ups and downs of retail shares, particularly M&S and Next. Next has paid for more than a couple of holidays for me with their share price movements
 






PeterT

Well-known member
Apr 21, 2017
2,591
Hove
What do you guys mean by "long term"? 2 years, 5 years, 10 years? More?
 




Doonhamer7

Well-known member
Jun 17, 2016
1,545
FFS Tesla is about the most overvalued stock in US corporate history.

A P/E of 200 with sales tanking worldwide. BYD recently overtook them it sales and has a P/E of 23
A bloke at work has put all his pension, all his savings and remortgaged his house to put in all in Tesla. he might be right but not how I would invest, he also believes in Trump, Farage and Andrew Tate and has been in front of HR twice for his vermant disagreement on our ED&I policies!
 




South Stand Bonfire

Who lit that match then?
NSC Patron
Jan 24, 2009
3,115
Shoreham-a-la-mer
I bought a few EasyJet shares three years ago when they were low and cashed them in last year (through luck not judgement) but boy, they have really been on a rollercoaster of a ride. Whilst my returns were ok, I could have easily have lost if I hadn’t cashed them in. When the Golden one announced his tariffs, it was obvious the stock market would dip and so I rebought Easyjet shares again for a longer term outlook. Trading in individual equities is a bit of luck and all about timing but I wonder how many of the Golden ones mates took advantage of the recent stock movements in the States.
 


Eric the meek

Fiveways Wilf
NSC Patron
Aug 24, 2020
8,768
I bought a few EasyJet shares three years ago when they were low and cashed them in last year (through luck not judgement) but boy, they have really been on a rollercoaster of a ride. Whilst my returns were ok, I could have easily have lost if I hadn’t cashed them in. When the Golden one announced his tariffs, it was obvious the stock market would dip and so I rebought Easyjet shares again for a longer term outlook. Trading in individual equities is a bit of luck and all about timing but I wonder how many of the Golden ones mates took advantage of the recent stock movements in the States.
Looking at the Easyjet price charts, it would seem that their volatility would fit the requirements of the OP.

@Mustafa II, what do you think?
 








SweatyMexican

Well-known member
Mar 31, 2013
4,336
The best ‘investment’ you can make is to educate yourself first. Buy some light reading or research online what may be best for you.

However if you’re looking long term and don’t need the money right now, a passive low cost index tracker is the right thing to do. Don’t pick stocks like you’re Warren Buffet, just be the average!
 


nicko31

Well-known member
Jan 7, 2010
19,247
Gods country fortnightly
A bloke at work has put all his pension, all his savings and remortgaged his house to put in all in Tesla. he might be right but not how I would invest, he also believes in Trump, Farage and Andrew Tate and has been in front of HR twice for his vermant disagreement on our ED&I policies!
Tesla is a bit of a meme stock

No one should put more than 10 percent of their capital is one stock. Unless you can afford to take a big hit.
 




dazzer6666

Well-known member
NSC Patron
Mar 27, 2013
58,350
Burgess Hill
A bloke at work has put all his pension, all his savings and remortgaged his house to put in all in Tesla. he might be right but not how I would invest, he also believes in Trump, Farage and Andrew Tate and has been in front of HR twice for his vermant disagreement on our ED&I policies!
$200m sold by Tesla directors on 27th. Probably tells you all you need to know.
 


The Terminator

Well-known member
Aug 7, 2010
1,442
Read The psychology of money by Morgan Housel.

Dollar cost average as much as you can into the s&p 500, forget about it. Wait and enjoy in later life.
 


Knocky's Nose

Mon nez est retiré.
May 7, 2017
4,262
Eastbourne
FFS Tesla is about the most overvalued stock in US corporate history.

A P/E of 200 with sales tanking worldwide. BYD recently overtook them it sales and has a P/E of 23
I certainly didn't say I'd be buying at these prices! Not a chance.

There'll be a stock market collapse, and if I have some dry powder I'll be putting my quid/dollar right next to Warren Buffets as he scoops up the bargains when there's 'blood in the streets'.

PS : I think robotics will be Tesla's strongest point, not vehicles.
 


SweatyMexican

Well-known member
Mar 31, 2013
4,336
Read The psychology of money by Morgan Housel.

Dollar cost average as much as you can into the s&p 500, forget about it. Wait and enjoy in later life.

The ‘how’ really is the easy bit. Doing absolutely nothing after that is the hard bit.
 




Knocky's Nose

Mon nez est retiré.
May 7, 2017
4,262
Eastbourne
The ‘how’ really is the easy bit. Doing absolutely nothing after that is the hard bit.
100%

The best phrase I've seen quoted in relation to this is : "Let time do the heavy lifting.."

I try (and fail miserably) on a daily basis to not check my crypto prices. I don't sell very often, I just keep adding.
 




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