Approaches24 May 2022 09:42
My first post on what was my favourite holding, though as many have mentioned over the last week such a shame coming to an end. So while I have taken the plunge on posting, thought I'd canvass opinion on investment approaches.
Firstly, I've been investing/trading(?) for about 18 months, and as others have said super appreciative of posts from Trek and many others on this forum/other boards for their insight and perspectives - thank you.
Moving on from GLO, as we have to, I'm curious what tools/set-ups others have to support their portfolios.
Me sharing (for what it's worth, probably more for newcomers) for the first six months was a lot of learning/trial and error though now after the last 12 months I'd summarise where I'm at, which is I use....
• iWeb - relatively low cost service, web based(no mobile app).... gives me access to the market.
• Fairly sophisticated Excel sheet (imv :-D) that uses Excel STOCK function to drag down data, alongside web site data lookups to pull info. on yields, dvd dates, prices etc....have a dozen tabs or so allowing to me create a personalised portfolio, to track buys, sells, dvds, watch lists, profit/loss, history, pivot tables etc....
• Read a few books along with lots of internet reading, e.g. Naked Trader, stockpedia
• I use dividendmax, marketscreener, dividenddata, Barclays technical analysis, company websites and of course LSE
• I don't pay for any subscription services, thinking/feeling I can get most of what I need in the public domain - but not sure if I'm missing out
• My portfolio is about 5-10% speculative (I'd be down if lost out, but thinking the potential upside is worth it) 40-45% growth/dividend and 50% dividend.
The above landed me on GLO so would be interested to hear what others do/their approaches.....
• Do you use a tailored spreadsheet or just rely on the dealers web site ?
• Do you use any paid for subscription services such as market screener, simply wall street.....whats so great about them, heard/read about Level II access ?
• Just starting to take a look at technical analysis charts.....mulling that over, any hints/tips re:Technical Analysis where to read up, other websites of interest - it looks like data overload where one could easily get lost?
Of course each to their own approach/personal choice, though be interested to see what others think if they want to share.
Thanks,
Paul