Current Affairs Stocks and shares and stuff

[Yid4life]

I'm going to start investing in a couple of ETFs I think.

I have made a few quid in ETFs. Sold RSX via put options when this Putin nonsense was first mooted. As Del Boy would say 'a nice little earner'.

 

[catcherintherye]

I have made a few quid in ETFs. Sold RSX via put options when this Putin nonsense was first mooted. As Del Boy would say 'a nice little earner'.

I have Qiwi and am buying more. Wanted to pull the trigger on Sberbank yesterday (trading at less than 1 PE) but bottled it. Up 60% today!

 

[catcherintherye]

Buy low, sell high. Seems bloody obvious, but so many people do the opposite.

When the ARKK Is Full

Why most money floods into assets at inopportune times.

www.youngmoney.co

Short this stock.

 

[catcherintherye]

It does seem a bit overdone. I mean Facebook's PE ratio is about 15 now, which is low even for a bog standard utility.

FB looks a really good buy now. I am onto it at around 180, but as you say it is a decent buy right now. Very strong business.

 

[wm02]

What's that?

Personal Capital. I use their app but they also offer wealth management services

 

[carolinablue232]

FB looks a really good buy now. I am onto it at around 180, but as you say it is a decent buy right now. Very strong business.

Just depends if you believe in the vision…I don’t understand the meta verse appeal/spending money on virtual real estate, but then again I didn’t understand Tesla (still don’t understand the crazy valuation), and here we are, so it’s probably gonna be the next big thing.

 

[catcherintherye]

Just depends if you believe in the vision…I don’t understand the meta verse appeal/spending money on virtual real estate, but then again I didn’t understand Tesla (still don’t understand the crazy valuation), and here we are, so it’s probably gonna be the next big thing.

They have masses of cash, and a business that generates even more.

I think even with a conservative view, they are getting close to a good buy territory.

Even if Meta goes wrong, they can rebrand doing other things.

 

[catcherintherye]

Personal Capital. I use their app but they also offer wealth management services

I'd avoid using one. Just buy a market tracking ETF.

 

[wm02]

I'd avoid using one. Just buy a market tracking ETF.

Yes, that’s what I have right now.
Their analysis is that I’m underweight in alternatives, utilities, and small caps

 

[catcherintherye]

Yes, that’s what I have right now.
Their analysis is that I’m underweight in alternatives, utilities, and small caps

They will use lots of buzzwords. Most of them dont beat the market.

Why on earth would you want to buy utilities anyway?

 

[wm02]

They will use lots of buzzwords. Most of them dont beat the market.

Why on earth would you want to buy utilities anyway?

The suggestion was a very small percentage in utilities. Typically, utilities have decent dividends and are less volatile

 

[catcherintherye]

The suggestion was a very small percentage in utilities. Typically, utilities have decent dividends and are less volatile

Did he mean utility stocks?

 

[wm02]

Did he mean utility stocks?

Yes

 

[catcherintherye]

Yes

Ok.

I mean they depend on the underlying commodity. Seems pretty risky to me.

 

[SerenityNigh]

I'd avoid using one. Just buy a market tracking ETF.

Vanguard VFINX is what I would do, but Schwab sells their own style and Edward Jones does its own thing. But yes, I would buy an index and avoid low level market advice. In fact, I would avoid almost all market advice. The only shares I've bought recently, in addition to indexes, are Berkshire Hathaway (like an index) because I believe it is consistently undervalued and two large "blue chips" that I like (one of which has been buying back its own shares for several years). Then again, I lost a few quid back in 2008 so who knows.