I can't remember if I have mentioned it before.

When it comes to our economy in the world and things like stock and bonds and other money related things connected to our economy......

....our leaders need to totally rethink on how this shall be done in the future.

It will be hard, ´cause Human have a gene which I call the greedy-gene
In some this gene is strong, while in others it's weak, but we all have this gene.

To be honest I'm not so good to explain things-but our leaders need to rethink/rearrange the mechanism behind the economy in our world

Markus

Well I'll be honest I know next to nothing about the Stock Market but a couple of months ago I decided to invest on a monthly basis.
I did it through my bank online, at first it grew very slowly, then it went down then up, and it has been like that ever since, I checked today(21/05/20) and it has gone up.
I did read not to invest through a bank but I looked online and to be honest I hadn't a clue what it all meant on some of these websites so I went through the bank.

Each month I put money in (£25). I once did this years ago through the bank at work and I kept getting a cheque that varied in the amount, I got short of money one time and cashed it all in.

I look in my bank online and some days it has dropped then a couple of days later it has gone up again, like I say, only been doing it a couple of months so I'll wait and see what happens.

Col.

Well a bit of an update, I cancelled my ISA with the bank because I stumbled on a website that made trading very easy.
There is a practice mode that they recommend you to gt on first if you are new to buying stocks and shares.
They give you 50.000 Dollars, Euros or Pounds to trade with, it is virtual money, so not to worry it isn't coming out of your bank or theirs it is pretend.

What I did was buy as though it was what money I had and not buy stupid, after a few weeks I was making money, so I decided to go on the real trading side of it.

You can open an account for as little as £1 or $1 plus no fees as well.
Anyway I opened an account with £20 to start with I bought a few shares and they were making money so I invested in more.
cutting the story short, I did buy some bad stocks but I also bought some good ones and my account grew, up to now I'm still in the green, making a small profit.

The website is Trading212, if you go on be careful to select the practice mode first and select your country currency, then start trading and see how you get on before you decide to go live with your own money.

If you do go live use my referral and you will get anything from £$10 -£$100 free share, and I will get one too, use this as a referral:

www.trading212.com/invite/Gc30tqSs

I wish you every success but at my age I'm happy to have tied up my investments in guaranteed fixed term fixed rate accounts.

Perhaps if I'd been younger but even then I'm wary of this type of investment when even their own small print states '76% of retail investor accounts lose money when trading CFDs with this provider.'

Can't help but think this is a coverall.

They have ordinary investment type trading, plus ISA and CFD, I just do the Investment trading.

It is interesting and a bit of fun at the same time, plus there is a forum you can go on to ask advice, they seem OK and I've asked all sorts of questions stating I'm a newbie and so far everyone has been very helpful.

If you go on YouTube there are a lot of videos regarding Trading212 as well, it is very easy to use and I've bought and sold at the click of the mouse.

Col.

If any of you do decide to go on Trading212 and start to go live using your own money, then before you do use this referral to log in.
You will get a free share could be anything from 10-100 £$or Euros, plus I get one too.

www.trading212.com/invite/Gc30tqSs

Stock market has gone crazy, the EU market has been battered and now the US market, Covid-19 is a lot to blame but also in the US market the elections are playing a part.
I was on a forum and some guys have lost thousands today, one guy said he lost £3.5K he has finished, he's devastated.

I just drew out most of my money, I left some in to tick over plus I sold almost all of my shares bar a couple that I'll sit on till all this is over, if and when.

"The market can remain irrational longer than you can remain solvent" :03:

Well it is no laughing matter, on one forum I was on some people have lost hundreds and some thousands, it has ruined one guy that came on.

Yet there were some people gloating, saying things like "Whoopee now is the time to buy with all these low prices."

Some things were on the slide but this time a lot have plummeted all at once and without much warning, my account was in the green, not by much but OK, then in a matter of a few minutes it went in to the red, all my stocks except for one went in to a deficit, I sold them all and suffered the loss.
I didn't lose that much seeing as I hadn't bought in the hundreds.

Such are the risks and precisely why I am fully invested in fixed term, fixed interest accounts.

The rates are nowhere near what can be achieved in stocks and shares but on the plus side you are guaranteed a return on your investment.

My ISA's tied up for five years are paying 3% tax free and that'll do nicely thank you.

I invest all of my money in Real Estate and Agriculture.


I pay my mortgage and buy groceries.

Laughing? I'm not laughing. In fact as an investor I really don't have one ounce of care one way or the other. I'll take everything you own and I won't lose a wink of sleep over it.


You need to look at more than just a green or red light on your trading app. Unless you invested in some fly by night operation dont panic and sell off at a lose every time the market takes a down turn. You'll never make any money doing that. If its a strong company it'll bounce back. Those that can afford to average down or have the patience to hold are usually rewarded.

30,000 and climbing. Go, Biden, go!

Sheesh, even my languishing Exxon stock is going vertical. Now I just need someone with a time machine to tell me exactly when to sell.

Come on Neal you know by now that the big boys make money off of fear :o

Buy low sell high :yep:

Yeah, but where is "high" ?

^ I say you need a six sense.

A share has it's top doesn't matter which share it is, everyone has it's max top thereafter it either flatten for a while and perhaps make another turn up or most likely heading downwards how steep depends on many factors.

Markus

I know it's hard to figure out, but the end of the year is coming and the highs now may not be the highs then.

Look at this Senator's track record :o


https://www.msn.com/en-us/money/mark...?ocid=BingNews

Senator David Perdue, a Georgia Republican for the second time in less than two months, Perdue's timing was impeccable. He avoided a sharp loss and reaped a stunning gain by selling and then buying the same stock: Cardlytics, an Atlanta-based financial technology company on whose board of directors he once served.

It's quite simple really. Just get yersel one of these :O:

https://i.postimg.cc/bJDgmJc1/crysta...nds-lg-clr.gif

Man, this is cRazY!! :o:o:o

https://www.barrons.com/articles/how...op-51611772532

Never seen anything like this

https://finance.yahoo.com/news/what-...162734056.html

So, some people finally figured out a way to use soicial media to create artificial fluctuations... on a massive scale haha, so, if you had $100 of GameStop stock last summer, it's now worth ~$ 6000.

Oh man, what's next?

https://www.youtube.com/watch?v=0_WfgypPz9Q

dance to the tune of economic decline (where used to it up North)
Is when you do the bottom line
Nagging questions always remain
Why did it happen and who was to blame?
When you reach the bottom line
The only thing to do is climb
Pick yourself up off the floor
Don't know what you're waiting for


Take a leaf out of blackswan40's book n Listen to Big Audio Dynamite
https://www.youtube.com/watch?v=4V5Zoe84BjE


Everything looks better after a bacon buttie n a pot of tea :yep: