RE: Rns14 Nov 2018 21:46
Many decent posters here, and I agree with many things you guys say "Got to be in it, to win it..." But maybe not "all-in" with a fat 50 grand, eyyy? :))
Lets recall that only a certain 20, 30 or 40 percentage of your net worth should go in stocks at all (meaning bluechip stocks as well as stable mid cap shares).
No advice meant whatsoever.
So if you can pony up 20k for just one minnow share like Wres, and play by the rules (called: money management), then you should have one million Pounds net worth:
1) Some 600k in bonds, cash, gold-ETFs.
2) Some 400k in stocks.
- Firstly large caps with positions like 50-70k each in BP, RBS, FB, VISA, Glencore etc.
- Some decent moving midcap shares, like TCG and others.
- The remaining expendable 70k pot might go into a number of AIM gambling stocks, for instance 20k in Wres, and ten other Pennystocks, with 5k each (with the risk of being locked in for years as well as suspended shares). Take a look around: Peoples head just chopped off at Asiamet Resources within a few weeks time. Nothing that you and me want to experience with a large stake.
I fear that the nice fellow poster in his early 30s, who has 20k in here, he only holds a handful of shares: None are dividend shares. His holdings are babically four or five "punts", Wres included.
But I understand that in the UK people generally like betting, gambling and all sorts of "risk for fun".
Not here in CH. We're boring. And what do I know anyway:))
Best of luck with our WRES !