Member Info for OWLS

I often buy when at the top, momentum is a big factor in investing.

There are thousands of variables that affect share prices, don't worry about daily movements.

Why are you not selling at a loss ?

Calm down SNUE, this is up 400% in less than a year and yet you winge whrn it only goes up 1% in a day.

Excellent advice Modsto, I never have more than 10% in any one share or sector. You can never predict what will happen to an individual share so it's best to spread the risk otherwise you are moving more in to gambling than investing.

I agree with you CONNEXION there is a lot of nonsense posted on here. There are so many variables that affect the price that it's mostly guesswork as to what will happen. I would certainly wait for momentum to change before I invested.

"Watch it sinking 2% day by day like clockwork". But it's up 3% on a down day for the FTSE. Do you enjoy humiliating yourself ?

It's not a dream, it's reality. Unlike you're shorting nightmare.

Yep, more nonsense from our resident fool.

I always find it strange that people get so concerned when shares drop a couple of % in 1 day. I measure my investments based on annual returns and don't really care about daily movements.

Like the old joke. One bloke says to his mate "I think my wife's dead". His mate said "how do you know" to which he replied "well the sex is the same but the washing's piling up".

I agree with Jubilee, it is boring and not remotely funny.
For those that find it highly amusing, I would hate to be stuck in a pub with you lot.

Only seems to be you Chris making a big deal of it.

Fair comment AS.
Investing is a skill like anything else. Some have it and some don't.
I am probably fortunate that I have a background in economics and was a Financial Director for many years. I am pretty useless at many other things, which is why I have a builder working on my house rather than doing it myself. He asked for my for advice on investing and I suggested he drip feed cash in to a low cost world tracker, he shouldn't go far wrong.

You must be shocked then. What a stupid comment.

I suppose funds are OK for those who don't have the skill or the time to pick individual shares but you are relying on the fund manager to be a lot better than the average fund manager which is a risk in itself.

I suppose funds are OK for those who don't have the skill or the time to pick individual shares but you are relying on the fund manager to be a lot better than the average fund manager which is a risk in itself.

Congratulations to those who have made profits, I sold mine last month, doh !

Still you win some, lose some, I was holding WMH when they were taken over and made 50% then.

My statement is true. Over a 10 year period 90% of managed funds under performed v the S+P 500. I did not say that all ITs have poor track records.
SMT has indeed performed well and I have invested in them due to strong recent momentum. However it is no guarantee that they will contnue to perform well.
A note of caution, not so long ago Neil Woodford was regarded as Britain's best fund mangager. He held shares for on average 15 years. We all know how that ended.

Yep, Paddyboy does spout a lot of nonsense.