RE: Advice23 Feb 2026 09:05
Slappy,
"I like the idea of taking out my stake and reinvesting elsewhere. It's like building a house brick by brick"
Thats how ive always done it, everything started with a 20k ISA, no pension stuff by taking an educated punt on RR in 2023 at £1.02 and when it doubled a
I bought EEE, i bought bits and bobs and built things on profit. But its not for the gains, its for the experience and of course mistakes will occur but I learn from them, made great money on OBD in 2023 Oct, then lost a few grand in 2024 but I see it as skill building, after a while it becomes a bit 2nd nature and as long as you make more than you lose at the start you will start to get a higher success rate and leave the little errors behind. I learnt very little from some of my successful investments, I learn more from when things dont go as planned as you learn the pitfalls, the little unknowns and your stock picking becomes more an ART as you see the writing on the wall prior.
Unfortunately, 2 good runs here I didn't learn my lesson early enough and although predicted 1p with Red and 15lives, I didn't envisage this!! Placing i expected it would have been beneficial 0.75, hit us and now im holding this bag like us all.
Just dont be like Red, many many mistakes, yet sits around mocking others the little Joe Nobody