RE: Gambling stock5 Aug 2025 10:37
Betterlife"Retirement? You just don’t get it, do you? You also hold Rolls-Royce. If you could go back five years, which one would you have bought and only one?"
well I get investing if that's what you mean :-) but yes RR all in would have been a fun ride, but I have a balanced pot, I did say I am going to go all in on RR, but alass did not. but after RR it's my 2nd best stock then LLoyds.
Amazing returns on all 3 and that's called investing long term and why i am a millionaire and then some today at 55 and do what I like.
I don't get day trading at all, I did it for 6 months lost 50% of my money and then looked at 6 months plus investing and never looked back.
As I have said once you have money you don't need high growth, I am happy on 8% return PA, thing is my pots so good it returns >30% PA the last few years ! this TAX year up 34% in 4 months already ! So why even day trade and get stressed. It can cope with a 20% market crash, and I hold 3 years cash anyway to cover any dips or crashes, in fact I bought IAG at £2.16 in April this year again that's a70% gain in 4 months ! and I got the div which is always nice bonus on a rising share.