RE: I was able to dump 100k FOG today!12 Jan 2021 19:07
Good free advice is always welcomed. I have been chatting lately with friends about investing in shares and I think some of the advice offered out there is so obvious but sensible such as not putting all your eggs in once basket and spreading the risk. Yep they may sound boring and they may never make you a gazillionaire but I'm sure everyone has been caught in a con in some way and from the inside you cannot always see it happening but as an observer you cannot do anything except cringe. We had a guy in our office that put in pretty much all his life savings in one share. About 300K and whenever they went down he said "good time to buy" but I didnt like the downward slope. Sirius Minerals and obviously a load of people did in Yorkshire, the local town canvassed etc and then it went wrong. What a sad situation to witness and the loss of a dream must have been devestating but had they applied some basic rules perhaps they would have lost only 10% of their money except %100.