RE: Get ready for the big Short coming in hot7 Mar 2023 10:44
he would be up 10% which is not much.
Most of us long termers who suffered and ave down are up 50% now, and the late comers got lucky and made 100%
This is just one stock if you have a nice portfolio you make day on day, I was up £6k yesterday, another £2.5k today so far, £50k in the last 7 days or so. Another 100k in the next 12 months I would say.
You are not chasing losses, you should be making money from the covid wipe out, it's only 3 or 4 times in your life time to make this sort of money.
Why gamble to try and make £500 ? in fact of lot of spread betters lucky to make £100 a day.
I tried it with a £6k pot, lost it all :-) there is no money in it as the likes of tIG and the middle men will steel the money from you. Your trades don't even hit the market. You are betting with IG and a room full of kids who will bomb out your stop loss and they have more money than you !
Than all the big divs of course due from Aviva and LLoyds and BP in the past in a month or so, this is investing.