The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Thanks Sid, I appreciate your advice. Happily the vast majority of my investments are in funds managed by a FA, and rental property.
I’m basically giving myself a shot at personal investing and trading with a small pot. Making a complete hash of it so far but I am going to keep trying with a focus on risk management this time!
Best of luck to you.
I thought I’d share my journey as it’s therapeutic (excuse the pun)!
I was a newbie investor in summer 2020. Started with £8k. Started out in Apple, Coca-Cola, for steady gains and dividends.
Got seduced into Covid plays so sold the big caps and went into ODX (average 69p) and SNG (£1.91)
Long story short, my £8k is now £676.
Poor risk management, rookie errors have done for me.
Fortunately I’m able to swallow the loss but it’s the shattered dreams that hurt most.
I’ve not sold either yet. Really no point with such little pots left. I’ll probably leave them in case of a random 2x from here, then dump them into gold for the year.
I’m also trying my hand with crypto on the side, again way down on that but I’m pleased I’ve given both a crack. I won’t be adding new money from here. I’m fortunate in that I don’t feel the need to add more.
I’m gonna learn from these mistakes and nurse my £4,000 to something bigger. It’s better to travel than arrive so I’m motivated by this challenge.
Good luck all and hopefully those that lost more than they could afford to find strength and manage to learn from this week.
I'm holding until the results are out, whether that is in 5 minutes, or in May - I'm in. All I know, is every day is another day nearer to knowing whether it was worth holding for the last 20 months. I'm convinced the wait will be worth it!!
GLA.
I always remember the video where RM presented a slide on company values with phase 3 results. If I remember ball-park value on the slide was £8B. RM said, and this has never left my ears "this is the sort of situation we are looking to elicit".
£8B is £40 a pop. Thats the dream upon TO.
I always remember the video where RM presented a slide on company values with phase 3 results. If I remember ball-park value on the slide was £8B. RM said, and this has never left my ears "this is the sort of situation we are looking to elicit".
£8B is £40 a pop. Thats the dream upon TO.
Expect as in, if I lose my initial investment it won't make any difference to my life. I've not over committed to this share, or any share. I'm here for the long haul.
I don't post much here, but i've been invested in Synairgen since summer of 2020. Today I tested positive with Covid, to go alongside my 7 year old who got his positive yesterday. I think we've all been waiting for weeks like this - it felt inevitable it would happen sooner than later. Whilst most people will just get a mild winter cold, we all know for the small unlucky few, it progresses to a much more sinister illness. I'm proud i've put my money into this company and hope we all get the right outcome next year. GLA.
I'm trying to not watch this share every 5 minutes. I think it is fair to say, if the Phase 3 data is really good (and I can't see why it wouldn't be), we will see a big re-rate. If the phase 3 data isn't good, we then either sell our bags, or wait for COPD or asthma. It is difficult, its like a kid waiting for Xmas day!!! Another 1-2 months of patience, and we will know whether it was all worth it or not!!
I'm 66% down on this one - never put all your eggs in the same basket. I had 8% of my investments in ODX. I will happily hold the little I have left in ODX. Its all about your own personal time horizon to realise profit. If you need the money now, take it out, but never go all in. GLA.