Current Affairs Stocks and shares and stuff

[SerenityNigh]

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

Yeah, it's just a formula. Same sort of stuff I get from our EJ guy, but in the end I figure it all balances. I did email him a year ago and ask him to look into Gamestop for us; he didn't think that was funny.

 

[catcherintherye]

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.

Strangely I do exactly the same re Berkshire Hathway.

In a bull market of inflated stocks, I think they are far better insulation than an index.

But yes, passively investing beats having a professional.

 

[wm02]

Yeah, it's just a formula. Same sort of stuff I get from our EJ guy, but in the end I figure it all balances. I did email him a year ago and ask him to look into Gamestop for us; he didn't think that was funny.

Yeah, I’m not going with it. The fees are too high for my liking and I’m more vanilla in my preferences

 

[SerenityNigh]

Yeah, I’m not going with it. The fees are too high for my liking and I’m more vanilla in my preferences

The most important rule for investors like you and me is avoid losses; fund management fees are a front end loss, so avoiding these helps a lot.

 

[Yid4life]

I trade almost 100% off technicals. I avoid fundamentals at all costs. You get caught up in the 'noise'. Buying pretty much anything in March 2020 after the covid collapse was almost free money.

 

[catcherintherye]

I trade almost 100% off technicals. I avoid fundamentals at all costs. You get caught up in the 'noise'. Buying pretty much anything in March 2020 after the covid collapse was almost free money.

It's funny that, I'm almost the opposite!

I cant get my head round technicals, but love looking at balance sheets and cash flow statements highlighting inaccuracies.

I do one small bit of technical. I like the Stoch RSI line, on a weekly setting for certain equities (typically liquid strong stocks).

I can never get people who mix the two. Often you are looking for opposite things from each approach.

And yea March 2020 was free money. But even so from a fundamental viewpoint. Recessions and crashes are like Christmas for a fundamental guy. You just sit waiting for them, it's a really odd way of thinking!

 

[evilwebby]

Sunk a load of money in over the last couple of days. Not happy about the circumstances of the selloff, but you can't look a gift horse in the mouth.

 

[catcherintherye]

Sunk a load of money in over the last couple of days. Not happy about the circumstances of the selloff, but you can't look a gift horse in the mouth.

Into Russian Equities?

As I said earlier in the thread, I regret not purchasing Sberbank, but the value investor in me was a bit too cautious. May still buy, it remains a great price.

 

[evilwebby]

Into Russian Equities?

As I said earlier in the thread, I regret not purchasing Sberbank, but the value investor in me was a bit too cautious. May still buy, it remains a great price.

as it happens, yeah I already had LSE:JRS as a holding and bought more yesterday.

But I'm very well diversified and hold all sorts of stuff. I got a bit lucky this week and was requesting a pension transfer from my work pension to my SIPP, which I do every year. It cashed out on Monday and arrived into my SIPP this morning, so I sidestepped most the the falls that we have seen this week. By lunchtime most of it was reinvested. I think the markets are ready for at least a meaningful rally now.

 

[catcherintherye]

as it happens, yeah I already had LSE:JRS as a holding and bought more yesterday.

But I'm very well diversified and hold all sorts of stuff. I got a bit lucky this week and was requesting a pension transfer from my work pension to my SIPP, which I do every year. It cashed out on Monday and arrived into my SIPP this morning, so I sidestepped most the the falls that we have seen this week. By lunchtime most of it was reinvested. I think the markets are ready for at least a meaningful rally now.

A P.E ratio of 1.5 is very very appealing. Does it track the biggest Russia equities?

I have no idea if we rally, butbthere are some great prices on offer currently.

 

[BlueAmigo]

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.

This. I've a feeling this company has now jumped the shark. I think it's way too early for VR and he's putting a lot of eggs in one basket.

 

[Yid4life]

It's funny that, I'm almost the opposite!

I cant get my head round technicals, but love looking at balance sheets and cash flow statements highlighting inaccuracies.

I do one small bit of technical. I like the Stoch RSI line, on a weekly setting for certain equities (typically liquid strong stocks).

I can never get people who mix the two. Often you are looking for opposite things from each approach.

And yea March 2020 was free money. But even so from a fundamental viewpoint. Recessions and crashes are like Christmas for a fundamental guy. You just sit waiting for them, it's a really odd way of thinking!

I'm a Fibonacci man. Love them. Fibonacci numbers exist in everything from atoms to galaxies. Must be something to them. Work for me anyway.

 

[catcherintherye]

I'm a Fibonacci man. Love them. Fibonacci numbers exist in everything from atoms to galaxies. Must be something to them. Work for me anyway.

I like Fibonacci too, and you must be aware of the golden ratio too?

Is that how you decide buy/sell points? Do you work off a list of stocks, of happy to buy sell any? Genuinely intrigued how people use technical analysis!

 

[Yid4life]

I like Fibonacci too, and you must be aware of the golden ratio too?

Is that how you decide buy/sell points? Do you work off a list of stocks, of happy to buy sell any? Genuinely intrigued how people use technical analysis!

I look at the long term chart for any given fund and once I decide if I think it is going to maintain its current trend or has started to reverse an existing trend I use Fibos to ascertain likely levels it will target over a particular time frame.

I use option strategies like ladders, butterflies or condors because they give you a bit of leeway on timing and you can target a range of prices for expiry. I try and stick to liquid funds so you can get in and out easily.

There are risks though, If prices blow out the top or bottom end of the structure too quickly you can get badly hurt.

From experience, determining direction isn't usually the issue, it's how far it will go over what timeframe.

 

[catcherintherye]

I look at the long term chart for any given fund and once I decide if I think it is going to maintain its current trend or has started to reverse an existing trend I use Fibos to ascertain likely levels it will target over a particular time frame.

I use option strategies like ladders, butterflies or condors because they give you a bit of leeway on timing and you can target a range of prices for expiry. I try and stick to liquid funds so you can get in and out easily.

There are risks though, If prices blow out the top or bottom end of the structure too quickly you can get badly hurt.

From experience, determining direction isn't usually the issue, it's how far it will go over what timeframe.

I see.

So essentially you are looking at trends, and use Fibonacci to decipher when to exit/enter?

Are you working off daily charts? Weekly charts? It all sounds really interesting and probably a bit complex for me.

I use options a bit myself, but within value investments we seem to do it the opposite way. Once you work out a company you would buy, at say 50, you will sell puts at say 45. If it hits that point you buy it and have the asset. If it doesnt, you keep.the premium (which is actually quite a handy way to add 8-10% p/a).

Laddering in trading is buying as it goes up isnt it? Up to what, say 2% of your portfolio? Again its mad, as I'd do the opposite but downwards with fundamentals. You want the stock to go down to buy more. We are a weird bunch though!

Any reason you never fancied fundamental analysis?

I quite like the concept of technical analysis, but it's just information overload for me.