Tagged: Investing

You may remember that a couple of years I stuck my £5,000 savings into shares. They went up. Then shot down. I panicked and sold with a loss of £1,460.58. I concluded that my biggest mistake was to ignore a good friend who told me to have a diversified portfolio. I had 80% of my money in one company, 20% in another. My other mistake was investing at the top of a stock market rally – investing when they were overpriced as opposed to underpriced. And perhaps another mistake was investing money I couldn’t afford to lose – this was …

Last year you may recall that I got very excited when I bought some shares, and especially when they went up 10%. They went up and down quite a lot but they were often 10% ahead, which would have been a nice £500 profit. I had invested pretty much all my savings in there, £5,000, which was my redundancy money from Easynet.  I wasn’t using it, so I thought I should put it to good use and get it to grow using my wisdom – I’ve always fancied myself at being able to spot an investment opportunity – I often …

I’ve always thought of myself as someone that can spot trends, and as such have long been keen to try investing. The only reason I didn’t before was a lack of capital.  When you get charged like £12 to buy shares, then you cannot really be investing £100. My Easynet redundancy money had been sitting in my account, and I had managed not to spend it during my subsequent period of unemployment.  We are only talking 4 figures – nothing crazy – though that is a lot to me.  My, erm, life savings. And then last January, I read in …

I thought I should have a go at playing the City – in fantasy of course due to lack of real money (not sure the bank would lend it to me just to invest in shares?). I have always fancied that I could get my brain around the City and make lots of money out of doing so if I put the time and effort into it, but I’m not convinced that I would ever want to, or that I would enjoy the kind of lifestyle that goes with it. So they give you an imaginary £100,000.00 and you have …