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CUEBALL
Posted: 07 March 2017 19:30:57(UTC)
#17

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db09striker;44176 wrote:
Sara G;44174 wrote:
Please be careful though... read and learn as much as you can before risking any money.

Best of luck



Thanks. If I lose money, I lose money. I have come to a crossroads in which buying a house is out of the question, and if it's out of the question now - it'll likely be out of the question for me forever.

I have more than enough money to fall back on. I am more than enough in a good position financially to take some bigger risks.

Maybe naively, I don't believe the so called 'riskier' stocks are in fact that risky, they are risky compared to your blue chip companies.

You don't lose money until you sell for less than you paid or that company goes out of business. I'll be unlucky if I pick a stock and then that company goes out of business.

There are many opportunities in these riskier stocks. It's one of the only ways in this world you can make yourself very rich. I've played the lottery - hasn't worked for me. Time for stocks.

I am prepared to risk money which others wouldn't and in places others wouldn't. People are very scared of losing money, and the general public wouldn't even consider the stocks I'm considering. People stick with what they know, the blue chip companies. There is a much bigger world out there in stocks.

I will pick carefully, and take advice from people with a proven track record of selecting multi-bag stocks.

xcity
Posted: 08 March 2017 00:15:13(UTC)
#16

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db09striker;44176 wrote:
I am prepared to risk money which others wouldn't and in places others wouldn't. People are very scared of losing money, and the general public wouldn't even consider the stocks I'm considering. People stick with what they know, the blue chip companies. There is a much bigger world out there in stocks.

I will pick carefully, and take advice from people with a proven track record of selecting multi-bag stocks.


db09striker;44219 wrote:
As I said in an earlier post, I think people are extremely scared of losing money, even just losing £10 worries people, so looking into 'risky' stocks just doesn't happen.

It's far from a lottery.

-First of all you only lose money when a company goes bankrupt or when you sell at a loss.

-Secondly there are plenty of good sources out there who regularly pick out stocks that go up multiple times.

It's definitely not gambling when these people can select 5 stocks that they believe will go up multiple times and a year later those stocks during the year ALL went up between 200% and 2000%.


Ask yourself how information that reliably identifies multi baggers would make its way to you.
If you possessed it, you would use it yourself. And so would they.
If you were into horse racing, you would be familiar many such claims where the information would be given to you for a certain consideration; sometimes even free, so long as you put some of (your) money on for them. Naturally, people with real information keep it to themselves and use their own money - and sometimes lose it.

Risky is just a word for low probability, at least from the perception of most investors.
Like everyone else, I would strongly advise against sticking all your money on these low probability outsiders.

Whatever your circumstances, and whatever your goals, there will be a better plan.

However, if you are determined to try this, I would strongly advise you to put all your money into one or two of the risky stocks rather than a large number. The odds may be heavily against you but success will give a significant profit. More importantly, you will only be facing a success probability of, say, 10% rather than 10%x10%x10%x10% - because if you get this far you will be approaching lottery odds.
And, if it feels too stressful to do, take that as an indication that your mind believes it is not a sensible thing to do.

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applemint on 11/04/2017(UTC)
Jon Snow
Posted: 08 March 2017 00:22:41(UTC)
#43

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He's only got £2k and big dreams.

That's a cheap way to learn an important lesson.
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Tony Peterson on 08/03/2017(UTC), xcity on 08/03/2017(UTC)
Tony Peterson
Posted: 08 March 2017 09:53:12(UTC)
#46

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Jon

My concern is that "these people" may have introduced themselves to striker in an unsolicited telephone call.
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xcity on 08/03/2017(UTC)
xcity
Posted: 08 March 2017 10:13:29(UTC)
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Jon Snow;44274 wrote:
He's only got £2k and big dreams.

I'd assumed he had more because I was looking at these quotes.
db09striker;44163 wrote:
I put £5000 in the S&S account I closed, I have a help to buy ISA with a few thousand in it, and I have put around £6000 in my current S&S ISA.

db09striker;44171 wrote:
I have £70,000
...
So for 1 year I am going to invest in 'risky' stocks. Investing no more than £20,000

And simply pointing out that the chances of his making the sums he mentioned by starting small and repeating the process time after time were virtually nil, whereas a large investment would give him a very low chance - but one that was better than nil. He have a total of £35k invested in ISAs in the next month, so he could look to splurge his £20k 'risky' money then. I suspect he was going to start £2k at a time because he knew it didn't seem at all sensible and didn't want to risk everything in one go.
He'd be right to think it wasn't sensible but wrong to believe that dribbing and drabbing would reduce his risks.
xcity
Posted: 08 March 2017 10:15:08(UTC)
#47

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Tony Peterson;44279 wrote:
My concern is that "these people" may have introduced themselves to striker in an unsolicited telephone call.

It certainly sounded as if he was believing false claims.
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Tony Peterson on 08/03/2017(UTC)
jvl
Posted: 08 March 2017 10:21:22(UTC)
#48

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If someone really believes that buying a house may be out of his reach forever because he thinks that house prices will always rise much faster than his earnings, why doesn't he put his money in housing play - a geared version of the housing index, perhaps, to hedge it?

If house prices rise, that pot of cash goes up.

If house prices fall, that pot will lose but a house will be more affordable.

Meanwhile, hopefully, his wages go up.
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Tony Peterson on 08/03/2017(UTC)
srg751
Posted: 08 March 2017 10:34:31(UTC)
#49

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I think Strikers reading these replies and having a right old giggle.
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Micawber on 08/03/2017(UTC)
Jon Snow
Posted: 08 March 2017 13:12:51(UTC)
#45

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xcity;44283 wrote:
Jon Snow;44274 wrote:
He's only got £2k and big dreams.

I'd assumed he had more because I was looking at these quotes.
db09striker;44163 wrote:
I put £5000 in the S&S account I closed, I have a help to buy ISA with a few thousand in it, and I have put around £6000 in my current S&S ISA.

db09striker;44171 wrote:
I have £70,000
...
So for 1 year I am going to invest in 'risky' stocks. Investing no more than £20,000

And simply pointing out that the chances of his making the sums he mentioned by starting small and repeating the process time after time were virtually nil, whereas a large investment would give him a very low chance - but one that was better than nil. He have a total of £35k invested in ISAs in the next month, so he could look to splurge his £20k 'risky' money then. I suspect he was going to start £2k at a time because he knew it didn't seem at all sensible and didn't want to risk everything in one go.
He'd be right to think it wasn't sensible but wrong to believe that dribbing and drabbing would reduce his risks.


I based my comment on this part -

"My aim is to first turn £2000 into £10,000

£10,000 into £50,000

£50,000 into £250,000

The key part it to get that first good investment and make around £10,000, then from there I won't be fussed about losing any profits, I will invest all profits again and again."

Seems a bit confusing all round.
Recently Redundant and Retired
Posted: 08 March 2017 14:48:51(UTC)
#50

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Sounds like a game of Montana Red Dog and hoping to shoot the pot on successive occasions.
Best of luck with that then.
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Tony Peterson on 08/03/2017(UTC)
CUEBALL
Posted: 08 March 2017 17:00:28(UTC)
#51

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'At the end of the day' it's 'a game of two halves' and both want to 'Grind out a win' even if you have to 'win ugly'...ask yourself this question ...if it's so certain or even

likely...

...why on earth would your 'opponent' be scoring such an 'own goal'..?

..Mine's (much) bigger than yours (and getting bigger) and will alway's be so if you go down that road.

"Oooh 'C'.... it is true of course ....but didn't you say the same thing to another 'young pup' awhile back....I wonder what happened to him?..."

..Exactly...
























Phew...no jackpot today ..I mean, two day's running and I'd have had Crozer's on the phone ...no wonder no ones bidding...all we need now is the chaser 'goin missin' ....

C'mon everybody on the bus..'yer' only as good as your last trade..
x




dyfed
Posted: 08 March 2017 18:31:51(UTC)
#52

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CUEBALL;44312 wrote:




C'mon everybody on the bus..'yer' only as good as your last trade..
x





My last trade today was to top up LGEN, not much of a dip but still, bought post Brexit and doing well, I see ii has put in a recommendation too...
1 user thanked dyfed for this post.
Sara G on 08/03/2017(UTC)
andy mac
Posted: 08 March 2017 19:06:22(UTC)
#53

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STVG for what its worth
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