Mad_maxx wrote: » buy and hold is a mugs game
Ush1 wrote: » Why?
antimatterx wrote: » I'm applying for Degiro and I'm bring asked "do you want to apply for a reduced withholding tax rate on us source income?" What is this and should I do it? I'm based in Ireland for tax purposes
Mad_maxx wrote: » High frequency trading culture means violent swings happen more often and can wipe years of gains out in short periods of time
Ush1 wrote: » Yes but the right picks for the long term is generally a solid strategy. Investors holding long term are less likely to effected by short term volatility.
James 007 wrote: » Guys I know things are looking bleak at the moment regarding this pandemic, but people make money on these major dips. What would be good buys on an upturn & when is the best time to buy, I know a difficult one to predict. I have no experience in share buying, any taughts.
manonboard wrote: » Unless you have a strong idea about day trading. Avoid trying to get short term profit. If you have money which is risk ok, and time which is medium to long. Any of the big well known companies such as Microsoft, Disney, netflix, Visa, Mastercard, Amazon are all safe buys in my opinion for long term holding. If you know about tech, AMD is a cool option i think. It would be worth scanning the last few pages for big name long established companies. Those that have a proven record of recovery and you intend to keep using yourself in the future. Im partially interested in Coco Cola. They've dropped 25%. I don't see that brand having recovery issues. They dominate their market, I dont see people cutting back on addictive sugar intake other than a short term decrease to avoid cost. They have a good dividend, and they bought Costa Coffee, which i see them as having a likely profitable future in. It's very fast growing in US, and in general is seen as a less 'Starbucksy' place (even though it entirely is!)
Mad_maxx wrote: » True but the returns are fairly modest when you hold through crashes, the FTSE 100 is no higher today than it was in January 1998, the dividends obviously are a plus
Mad_maxx wrote: » Coca cola is just about the safest stock out there, Johnson and Johnson another
Ush1 wrote: » If you bought Microsoft shares in 1998, you'd be a happy man today if you held them.
Millionaire only not wrote: » U’d be happy man to be alive that’s 22 years to wait at that stage u’d be more interested in keeping the shares than the wife !
manonboard wrote: » Why did I sell on the peak rise today? I dont know if I explained my self clearly. I sold on the highest today which was near what I bought at yesterday. I thought yesterday it was a good entry point. I was wrong. I got lucky today n sold..saving myself nearly a 7pc loss had I stayed in. I remembered how 2008 felt it always felt like a bottom due to the crazy falls.. those charts only show a bottom in hindsight..while longer..it fell much more than this. It's got me spooked. I'll hold off until I stop seeing fear n panic..when I see sadness n regret. I'll call that a bottom. That's how it seemed in 2008 to me.
Supercell wrote: » Fed pump news has the market euphoric, going to be an interesting day for sure. My guess uuuuge gap up followed by drift down midday (US time) and dump last hour or so into close. Thoughts?
Supercell wrote: » Thank god I listened to my gut, should have done it a week ago. What a bloodbath today and likely worse tomorrow. Can see Trump shutting down the US exchanges to get people to calm down at this rate..
Shedite27 wrote: » Make up your mind
Augeo wrote: » Yeah, J&J is a hugely diversified stock in itself. Along with Coca Cola you'd expect both to get back to previous highs within 6 months .......... 30% ish returns within that period is very good. Unless they fall further of course.
lastusername wrote: » Coca Cola sounds like one of the best stocks you could buy, but I see it was at the same level a year ago. I guess this is one where you'd expect to see steady, modest gains since they are so established and unlikely to see massive highs or huge dips (aside from in these kind of scenarios of course!)? For example, if you'd bought 10 shares 5 years ago at the then price of $40 and sold in the middle of last month at $60, you'd have made a couple of hundred dollars. Not huge obviously but still a nice gain and way more than you'd get with the funds sitting in a bank account! And of course, double that investment makes double the return, and so on.
lastusername wrote: » Coca Cola sounds like one of the best stocks you could buy, but I see it was at the same level a year ago. I guess this is one where you'd expect to see steady, modest gains since they are so established and unlikely to see massive highs or huge dips (aside from in these kind of scenarios of course!)?........
Augeo wrote: » coca cola is a great example of how the stock market isn't at all rational. Year on year growth in sales, volume etc etc but stock price was $44 in 1998, $20 in 2004, $30 in 2007, back to low $40s in 2014 (16 years to get back to that from 1998), all time peak of $60 a few weeks ago and now back to mid $40s. A great example also of why diversification is best, having your money in a few great companies might not cut the mustard at all, it needs to be spread around in the S&P500 and the FTSE100 etc etc
