Investing in shares - are you making money?

AmberGold · 07-02-2021 10:14AM

Valhallapt wrote: »

Oh do tell....

No secret I’ve recommended them here before PSTH.

NoraWi · 07-02-2021 10:14AM

Most of the time people trying in the stocks are from average level, trying their very best to win some small profits only, with the same also worrying to lose the money they are trying to invest or invest for a while as the first time, though knowledge of the stock and it’s history and future plans are the crucial points to consider and if that stock has the global role the international deals or diplomatic changes also matters and play a crucial role as regards to import or export as whole or any linked element to the stock. So by doing a good homework, by investing in right time as when it’s bit low because of some reason which should be genuine and it could overcome that in the time ahead which is not easy to guess or tell in-spite you have good deep know-how of it, so overall just need to analyse well and decide based on the history of the stock then to make the decision accordingly to have less worry of the invested amount. Yes making money is possible but slowly and gradually which need calm and careful steps to take when the market is not playing in your favour as it seems but time changes we must remember and trust on the knowledge of information we got before investing as that will decide most of the time for the returns we will be getting in time ahead. I like it a lot but haven’t enough good time to allocate into stocks study or know-how but try to know what’s happening in the market in my little circle, I did make money not much also didn’t lose any as I took time to understand and waited for a good time to invest not sure I should say if it’s smooth business or not but tricky not always in your favour.

The J Stands for Jay · 07-02-2021 10:16AM

I've a small Degiro account where I'm buying and holding, and that's up. I also took some of the free GME money that was handed out.

Valhallapt · 07-02-2021 10:18AM

AmberGold wrote: »

No secret I’ve recommended them here before PSTH.

Yea I've read a good bit about that one, but didn't put any money in yet, might have to rethink that

patsy_mccabe · 07-02-2021 11:34AM

I was watching a video of Charlie Munger (Buffet's partner) during the week. He was talking about problem solving and how if you invert a problem, then the answer becomes apparent.
So I was wondering what he meant. Well when it comes to making money at stock investment, the problem is 'how to make money'. Invert that and it becomes, 'how not to loose money.

Buffett says this continously, first and last rule of investment is ' Do not loose money'.

He also says that nobody knows what the stock market will do short term, so don't think you are the one that will solve that problem. Trading in sticks short term is nothing more than gambling. From reading the posts above, I think most have lost at this game.

I have made a decent return since May last year, but I got in right on the dip. Am I better to just wait till the next dip to buy again. The answer seems apparent. This is what Berkshire are doing. Sitting on a pile of cash waiting to pounce. They say this openly.

bish76 · 07-02-2021 12:25PM

Long time lurker on Degiro and active for last two months. Pension fund is invested in ETFs, here for speculations that occupies mind in something else but work. Started with 20k in Dec and now up by 10% which is mostly in cash - like to crystallize gains.

Xaniaj · 07-02-2021 12:31PM

I've been investing since 2017. I invested a lump sum at the time and haven't really added any capital since. I cashed out most of my account earlier this year at a profit of 300% (horrendous timing, if I held it I would be closer to 600% now!).

I started adding capital again in Sept and I'm up a small bit since (10%) or so but that's excluding my 'fun' GME play as I haven't closed that position as of yet except to sell some to break even.

sonyvision · 07-02-2021 12:40PM

2 years in lost. Overall gain 3.5k, took approx 2k of that between this year and last.

Overall investment approx 10k now, still split between Easyjet, Lloyds insurer such as HISCOX & BEAZLEY. They won't jump 50% overnight but long term could work out with large growth. As these shares are GBP hoping it will strenght against the EUR to increase the gain. Few shars left in banks.

Winners for me was BOI, AIB, SJPI, HISCOX and Ryanair.

Loser were Thomas Cook... there was a few others but can't recall them to hand!...

breadmonster · 08-02-2021 01:15PM

Just by looking at the stock picking contest thread some folks are making alot, most are beating the index and not many losing much if at all so id say most are doing well currently.

kippy · 08-02-2021 01:58PM

Valhallapt wrote: »

Sarcasm yes.. My point being the system in Ireland is geared toward property investment.

With shares if you are buying and selling within 30 days you cannot offset gains against losses, a lot of people who jumped in and out of GME and the like, may have lost everything and still be saddled with a large tax bill

TBH, I disagree.
Property investment has been an easier, more accessible option, for people with a certain level of wealth for decades. There are plenty barriers and issues with investing in property and taxation etc tied into it.
It's not a madly efficent investment vehicle for the individual.
Not everyone in Ireland has the finances to invest in property directly in the first place and never have had.
You've also got to realise that property isn't just an investment - many of the incentives there to help with property "investment" are not designed to assist investors.....

Investing in shares etc prior to the last 5 yeards or so has also been "difficult" to do for the average "person on the street" however the past number of years have seen a large number of relatively cheap platforms come available that allows them to invest relatively small sums in any area they want. It's an area open to almost anyone with any level of spare cash whereas prior to this, it really wasn't.

My own story.
I'm not a big investor. I've used degiro for a few years now. Main reason is to have a side interest in something that doesn't involve a bookies.
The last few years have seem a complete uncoupling of organisations fundamentals and their share prices - which really makes things difficult to analyse but I still enjoy it. Never had to pay a tax bill unfortunately but never lost a packet either!

EDIT:
Timing is is key in this game - there are no doubt people making money who got into the right things at the right times.

There's a few google docs linked to in some of the share tips threads that note the tip given, price at the time of tip and price now (linked to Yahoo finance or something)
It's interesting to see where some of these tips are now and look at ups and downs since the original tip.

Valhallapt · 08-02-2021 02:29PM

breadmonster wrote: »

Just by looking at the stock picking contest thread some folks are making alot, most are beating the index and not many losing much if at all so id say most are doing well currently.

Since the downturn in March the market has rallied in every sector, almost hard not to have made a profit over the last 9 months or so. But as ever time in the market is what wins.

I’m investing about 5 years. Year 1 - no ups or downs about the same. Year 2 down about 30%. Year 3 down additional 20%. Year 4 recovered to being about same as year 1. This year just gone by, up 300%. Most of the profit came from CRSP @ 38 and NIO @ 7

cc87 · 08-02-2021 02:35PM

Started in October but mostly by putting money into funds for more long term investment.

Downloaded Degiro in December then (after spending some time lurking on here!)

Currently up about 24%, mainly from PLTR & GEVO

garbanzo · 08-02-2021 11:37PM

Have been dripping €100 per month into my DEGIRO account since May 2018. It’s been up and down as you’d expect but as of now I am probably looking at around a 20% gain over the two years and nine months I’ve been doing it.

I’ve shares in seven different companies and a small few in an ETF, the Vanguard S&P500 one. The main reason I’m ahead is courtesy of Flutter Entertainment (Paddy Power) which have exceeded all expectations. Ryanair have also been an excellent performer. BOI is too after a slow start. I put that down to nothing more than luck. On the negative side one REIT i have is a complete turkey.

Plan to keep doing this for as long as I can afford to build up a decent lump sum in time.

Gorteen · 08-02-2021 11:41PM

Out of interest, what % gain do people think "that's enough for me"?

Bacchus · 09-02-2021 01:27PM

Gorteen wrote: »

Out of interest, what % gain do people think "that's enough for me"?

1% more than I currently have... always :pac:

positron · 09-02-2021 02:54PM

Around 2 years in DeGiro - I go on and off time to time, I am illiterate from finance/investment point of view. Reading up here / reddit etc and learning as I trundle along..

Started off with 5k and then another 5k. Degiro shows total gains of 8k - before tax. 6k of it is from Tesla, and rest from Sony and tiny bit from Amazon.

UnknownSpecies · 09-02-2021 03:04PM

Mister Vain wrote: »

With regards to CGT, could you not just pocket your returns before you get to €1270? Save you paying any tax.

I'll never understand this take. If you think your profit will increase beyond €1270, why would you sell below it just to avoid paying tax. You still get €1270 plus 2/3 of all the additional profit beyond €1270.

kal7 · 09-02-2021 03:09PM

I hold only three shares two up and one down all long term steady companies. Modest 15% up but this is over 15yrs so only one % annually.

however my pension has healthy increase over 15yrs, so fund manager doing ok, but not spectacular. This has most of my money in too.

My dad who is more willing to gamble has done very well, out performing my pension funds by a long way.
He does obviously have losses, but can use these to reduce the cgt though.

best advice is that if he ever doubles his money in share, then my mum gets him to sell half, so that any further investment is risk free.

Mister Vain · 09-02-2021 03:47PM

UnknownSpecies wrote: »

I'll never understand this take. If you think your profit will increase beyond €1270, why would you sell below it just to avoid paying tax. You still get €1270 plus 2/3 of all the additional profit beyond €1270.

That's grand if you get a lot of profit. But if your profits never went beyond say €1500, would it not make more sense to sell before you get to €1270?

Shedite27 · 09-02-2021 05:45PM

Not trying to get into a big d*ck competition but yeah definitely making money if you're doing it right. Most of what I do is basically leads from Motley Fool and MyWallSt. They've a great bucket of recommendations, I was up 60% last year mainly based on them, currently up another 30% this year mainly built off Bitcoin.

Avoid the penny stock gambling, invest in good companies and the profits will flow.

Wottle · 09-02-2021 07:00PM

Shedite27 wrote: »

Not trying to get into a big d*ck competition but yeah definitely making money if you're doing it right. Most of what I do is basically leads from Motley Fool and MyWallSt. They've a great bucket of recommendations, I was up 60% last year mainly based on them, currently up another 30% this year mainly built off Bitcoin.

Avoid the penny stock gambling, invest in good companies and the profits will flow.

Hi Shedite27

Do you pay for MF and MyWallSt or just base it off the free stuff?

UnknownSpecies · 09-02-2021 08:47PM

Mister Vain wrote: »

That's grand if you get a lot of profit. But if your profits never went beyond say €1500, would it not make more sense to sell before you get to €1270?

If you sell with €1500 in profit, you would still take home €1424, so still worth it. When you say 'makes more sense', what do you mean? I could be misunderstanding.

Shedite27 · 09-02-2021 09:16PM

Wottle wrote: »

Hi Shedite27

Do you pay for MF and MyWallSt or just base it off the free stuff?

Pay for the basic MyWallSt (think its $80/year). Just listen to the free Motley Fool podcasts and some of their free content

Timmaay · 09-02-2021 09:35PM

Shedite27 wrote: »

Not trying to get into a big d*ck competition but yeah definitely making money if you're doing it right. Most of what I do is basically leads from Motley Fool and MyWallSt. They've a great bucket of recommendations, I was up 60% last year mainly based on them, currently up another 30% this year mainly built off Bitcoin.

Avoid the penny stock gambling, invest in good companies and the profits will flow.

Thank you US feds for printing all them dollars lol.

Kilboor · 09-02-2021 11:06PM

Realistically you want to be returning 7% a year at least but this isn't that easy to do.

I'm a swing trader though so I won't say how much percentage I've made over the last year because I don't recommend it but I have been profitable. I'm happy that it has allowed me to be debt free going into 2021.

M3CS · 10-02-2021 01:28AM

I opened a Degiro account in April of last year in the midst of the crash but I had no idea what I was doing. I lost interest and forgot about it for a few months but came back to it in June and purchased an ETF which is up almost 20% since then. In August, I came across a video on a popular YouTube channel suggesting that UPWK was a good stock that was likely to increase. I bought some without doing any further research myself but, thankfully, it proved to be sound advice as it's up 270% to date.

I watched UPWK rise in the weeks that followed and I transferred more money to my Degiro account in November with the intention of putting it all in UPWK. However, on that same day I came across an article that mentioned APHA and I spent several hours reading about the company. Instead of going through with my initial plan to invest more money in UPWK, I put three times as much into APHA and it's performed incredibly well, up 262% since then.

The money involved isn't much compared to what others here are investing but I'm just finding my bearings. I've been lucky and I know that my luck will run out at some point soon but I'm learning as I go and trying to educate myself more every day at the moment. My plan for this year is to invest €200-300 each month and see what I end up with.

Hibernicis · 10-02-2021 01:45AM

Traded quite a bit in the early 2000s and made good money from BOI, Anglo Irish, Providence, Kingspan, IBM, HP and others. Got out of all of them, selling early before they peaked (or crashed). Been out of the market since as I was too busy to give it the time it needs. Have a bit more time now and will probably start investing in quality stocks following the next crash.

Treppen · 10-02-2021 03:33AM

Got in in 2017 and went for cannabis stocks, up 400% at one stage,but like an idiot didn't sell and it flopped.
So down 100% for quite a while as I'd quite a few trash penny stocks.

Decided to just be happy with 10% gains on anything so clawed my way back up... Then just start of January went back to the demon weedstocks again .
Now back in the green and forcing myself to sell off any of the smaller guys as they're going to crash once the tide goes out.

Put in about 3k and at 5k now (1.5k of that is cash)

Just do it for fun really, the fact that I have to apply for a mortgage has stopped me from making any lodgings in the last year and forced me to play the hand I've been dealt. Not in it for the money though... But wouldn't say no.

My exit strategy is to sell off everything and put it into one penny stock I've been watching for last 4 years.... Click here to find out what it is https://cutt.ly/wkR1XfZ

Atlas_IRL · 10-02-2021 10:13AM

Treppen wrote: »

Got in in 2017 and went for cannabis stocks, up 400% at one stage,but like an idiot didn't sell and it flopped.
So down 100% for quite a while as I'd quite a few trash penny stocks.

Decided to just be happy with 10% gains on anything so clawed my way back up... Then just start of January went back to the demon weedstocks again .
Now back in the green and forcing myself to sell off any of the smaller guys as they're going to crash once the tide goes out.

Put in about 3k and at 5k now (1.5k of that is cash)

Just do it for fun really, the fact that I have to apply for a mortgage has stopped me from making any lodgings in the last year and forced me to play the hand I've been dealt. Not in it for the money though... But wouldn't say no.

My exit strategy is to sell off everything and put it into one penny stock I've been watching for last 4 years.... Click here to find out what it is https://cutt.ly/wkR1XfZ

https://bit.ly/2Z4HICS

Horusire · 10-02-2021 10:16AM

GME was not a good investment after all... ðŸ˜‚

Investing in shares - are you making money?

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