RE: Punt1 Aug 2022 16:27
I have two portfolios;
1) Similar to anyone else, containing the bulk of my retirement fund and all invested relatively safely.
That's secured my financial future and pays my pension every year (and I don't even qualify for my state UIK pension until 2026).
2) A trading portfolio.
I've grown this separately from the other because it goes against the grain and what many are taught about investing.
It's vastly higher risk, but my returns have also gone against expectations, so I keep it up.
Currently I am exceeding my aims of trying and achieve profits of £100.00/day average, this year.
(approx £25k through the year).
I've made that just from what I've done with BP this year.
Some little, some large; All those profits mount up.
Two UKOG trades in the build up to the Loxley announcement only returned approx 5-10% each on £1,000 (after fees).
A third which I sold the morning of the announcement made 40% on £10,000.
Since 2017 I've made trades which have returned £50 to over £50,000.
I'm living on these and barely touching my "normal" pension savings, which allows them to keep growing faster for when I stop trading.
We all have different strategies and for different reasons.
As long as it's profit, does it matter how much it's for, or why?