Lost over $16,000 in savings so far.
Why did you sell during a dip?
>>78603411
I didn't sell at all, just long term investments. Hopefully people are overreacting and it bounces out. Going to buy a lot if it heads lower.
>>78603755
>I didn't sell
Then you lost literally nothing. Which is also probably the amount you have invested anyway.
>>78603332
>he didn't move savings into commodities
>he didn't move savings into cash
>>78603332
I was up $700 in the early morning; down $300 (-0.01%) at the end of the day. Of course, I'm not an idiot and moved into cash/bonds in the early part of the week.
>>78604009
my assets are worth less. I lost net worth. If a stock plummets to nothing and you hold, you wouldn't say you lost nothing because you never sold.
>>78603332
down about a 1%. Literally don't care. The UK will be made to heel by either a 2nd vote.
This will pass, one way or another. Monday will probably be rough too. Wait and buy on Tuesday.
>>78603332
>keeping your savings in stocks
LMAO@ UR LIFE
>BREXIT
>LOSSES
LMAO HOW ARE YOU DOWN AFTER THE EASIEST 10 CENT SHORT IN THE HISTORY OF FX
>>78603332
lol, i made money on a english oil company during the whole ordeal.
keks
>>78603755
>long term investments
Do yourself a favor and don't check your portfolio for the next 2 months.
>>78604453
>making up a fake story when you don't know how basic investing works.
You sir, are a fucking absolute retard.
I almost weeped when I saw how much BTC gained.
I'm not going to bother looking for a few more weeks. I trust my Financial planner. Even if he is from Cyprus.
>>78603332
>Lost over $16,000 in savings so far.
Don't feel bad, I have them now, it stays in the family!
$0
I actually gained from Brexit I knew that gold prices were gonna up I had 40gram gold with me made decent profit with it
>Using the stock jew
Still going good.
>buy the dip
>sell covered calls
Its like you niggers cant into profits.
Also my physical metals are doing nicely. Thanks brexit i can now retire 2 years early.
>>78603332
and you loose more from Monday. all founding members of EU will meat and brate on actions against England.
>>78603332
> lost 16000 in "savings"
> investing is saving now
>>78603332
0 because regardless of the vote there would have been an economic dip and I went full liquid last month.
Learn to prepare noob.
>>78603332
>being this stupid
anyone that didn’t bank off the volatility shouldn't be investing in the first place.
>>78603332
Whatever your stocks went down, your gold went up so quit crying you cuck.
>>78603332
>he "saved" in an investment
American education everyone.
Also 401ks are heavily diversified so nice bait.
>>78603332
>>78603332
You are a stupid nigger. Money in the market isn't savings. It's literally money you have sitting on a poker table in the pot since you already bet it. There have been zero safe bets for money for close to a decade at this point. All money is chasing risk since that's the only thing it can do. How dumb are you?
>>78608849
>NOT EXPONENTIALLY MULTIPLYING YOUR JEWSHEKELS
IF YOU WANT TO BE ETERNAL, BETTER LEARN THE ETERNAL JEW TRICKS
>>78603332
Learn to short faggot, I'm raking in the cash.
>>78610218
>I'm hypothetically raking in cash provided my gamble works
>>78604453
>I bought a chicken for $3
>chickens are now worth $1
>I lost $2
This is you. You haven't 'lost' money because you didn't sell your assets yet.
>>78603755
>I didn't sell at all
Why are you worrying about speculative, nonexistent loss?
Just get ready to sit tight for a few years, if you sell during a low that's your problem kek
OP doesn't post screenshot
Fake sage and gay
>>78603332
>keeping your savings in stocks instead of gold
Literally
LITERALLY
Stupid
I don't know what to thinkI bought a bunch of shares today beca use everything is so low.
I think it'll rebound.
>>78603332
down about 8%. Hoping for the EU to be uncompromising in exit negotiations. Major recession in the UK might put some sense into those bastards.
>>78609092
>Also my physical metals are doing nicely.
when i was around 18 i bought fucking silver when it was 30 dollars an ounce because filterman convinced me it would keep going up
>mfw lost 300 dollars
>>78610775
this trip downward is going to last at least a week
>>78610775
>YOU'RE ALL BANKRUPT UP!
LMAO WEB 2.0 SNARKY FAGGOT APPS
>>78610448
damn some of you people that post here are literally retard comparing stocks to chickens.
I went up 28 dollars
>3.5% down
>bad
this is nothing out of the ordinary. considering brexit is supposed to be super spooky this is a good sign.
>>78603332
Holy shit I had no idea 90% of people were this financially illiterate.
I'm not even mad that the masses get taken advantage of.
>>78610919
The shares I have did not freefall today, just slowly trickled downward. The huge dump happened premarket and aftermarket is completely stablet
What I'm thinking is if it would be getting worse, I wold have seen huge dumps today and huge dumps aftermarket
>>78610798
>Hoping for the EU to be uncompromising in exit negotiations. Major recession in the UK might put some sense into those bastards.
They won't.
Have fun losing more cash =)
>>78604453
Wtf...... I'm curious. Are you legitimately retarded? You haven't lost a damn thing. Your "imaginary money" means nothing. You still have your assets ready to go and be sold when the market stabilizes. And with a comment like that, I seriously doubt you've invested anything at all.
>>78610998
If you didnt sell there is no loss. Market volatility was expected with this referendum.should have bought gold
>>78611383
I'm secure in the belief that anything you do to hurt my pocketbook will hurt yours more.
>>78611166
>I had no idea 90% of people were this financially illiterate
I would say its more like 99% of the population is financially illiterate.
the 2008 housing bubble proved that in America
>>78611395
Corrections like this can still wipe out gains. would could have been a 8% gain at the end of the year can end up being just 4%.
Stock value builds upon itself. Though I'm not surprised retard posing on /pol/ know northing of investment management.
>>78603332
>Lost over $16,000 in savings so far.
>long term investments
>people are overreacting
>Lost over $16,000 in savings so far.
>long term investments
>people are overreacting
>Lost over $16,000 in savings so far.
>people are overreacting
>>78611573
The more stocks stay in volatility the less consistent growth they get you ignorant nigger.
You know it's all just going to shoot back up when the new PM admits he isn't going to follow through with Brexit
>>78608628
Poo
>>78603332
your own fault you cunt
>>78603755
time to invest NOW
im about $500 down
>>78603332
I sold my pounds 12 hours before the polls opened and made about $40,000 USD.
I also bet on leave and made about 5 grand.
>>78612672
Post slip or gtfo
>>78603332
+0.79%
>>78612672
SHOULDA SHORTED AND HELD TILL AT LEAST 1.40, YOU'DA MADE 100 TIMES THAT
>>78603332
I saw a chart last night that showed minutes before the polls closed (I think that is what it was) BP Sterling spiked, I mean shot up like and Atlas V rocket and then the down turn began. My first thought was Soros.
Later I saw a thread where someone said made over 300K from some sort of play on the British Pound. I can admit I know jack about investing or the markets so I don't know what this person did to profit that much. Would be nice to know in case the opportunity should ever present itself again in so other scenario.
I shorted the pound. Up 12k in a few hours. Thanks Brexit
>>78603332
>Not having all your assets in safe shorts
Absolutely safest investment. The market never rises faster than it falls, and if there's a crash, you make money.
>>78604233
>I was up $700 in the early morning; down $300 (-0.01%)
If you have such fussy attention to the movements of your money, finance might be too much for you. Consider reading The Intelligent Investor.
>>78603332
Lol. I'm invested heavily in municipal bonds and they all went up today.
Me last week:
Bought put options. Sold all stocks. Made money.
>>78603332
That's why I invest in the black market.
You only make money. Times are tough, people buy drugs to forget. Times are good, people celebrate by buying drugs.
niggas dont know bout by NUGT
>>78612129
>stocks always grow
oops!
>>78613127
>My first thought was Soros.
Yeah, similar to the Asian crash.
Hey, so I asked in /biz/ but they weren't helpful. How do I capitalise on this? The pound is low or something so I can buy cheap now, right? What do I buy?
>>78614666
This is speculation territory. Don't necessarily just look to British stocks, try other markets that will be able to capitalize on a UK divorced from the EU. Anyone that is about to be able to trade better with the EU or the UK as a result of this referendum. Pick a company that you like for a sudden boon and invest.
Research is key, and I'm not doing yours for you.
>>78603332
FINANCIAL COLLAPSE FOR BRITAIN CALLED OFF.
The FTSE bounced, but the frogs and the krauts kept falling
HAHAHAHAHAHAHAAHA
>>78614914
>Research is key, and I'm not doing yours for you.
But I want you to. I wouldn't even know where to begin beyond looking at projections. What do you do, send them an email and ask
>Do you plan for your stocks to increase in value soon?
Also, speculation just means educated guess i.e gamble, right?
>>78615360
Honestly, there are a plethora of traders that produce advisory leaflets/e-news that would have answers. My suggestion is that you find one that rates well and subscribe. Fees are worth it if the advice is good.
>>78603332
>not hoarding bonds/gold/cash to buy at opportunities like this
baka desu senpai
>>78603332
hope you lose it all moron
dont play the jews game.
dont get involved in the (((markets)))
>>78615628
>Fees are worth it if the advice is good.
>>78615628
Alright thanks, I might well do that. Do banks give good advice on this kind of thing, or am I barking up the wrong tree here?
>>78603332
And I should care why?
>>78603755
Correction of market has been ignited because of Brexit.
It will remain lower for a longer duration until it bubbles again. Of course it will bounce back but not to previous levels that were too high.
>>78604761
It won't it was a binding referendum. Juncker and the EU already reacted, Cameron already reacted. If you hold a referendum you respect the result instead of keeping on pushing referendums till you get the outcome you desire somewhere down the line.
>>78603755
>>78603332
This is the easiest time to fucking buy shit up you idiot
>>78616355
This. Its happening, Cameron has announced his resignation, either he will initiate article 50 in the next few days or his successor will do it immediately after taking office
>Not retiring for at least another 20 years
Literally don't care.
If anything I'll make a bit of money if the prices stay low when my automatic investments kick off next month.
>>78615836
Bank investment advice is generally crap. The independent guys that have a following are the ones to look at.
Some short sellers also give heads up emails before dropping dox (like gotham city). Probably not good right now, but something to think about.
>>78613127
ON EVENTS THEY GUN FOR STOPS IN THE OPPOSITE DIRECTION BEFORE THE REAL MOVE HAPPENS
NOT JUST ON A 15 CENT BREXIT MOVE, EVEN JUST FED MEETINGS, JOB NUMBERS
>>78616481
WAIT TILL TUESDAY AFTER EU MEETING, VIX IS ON THE MOON
YOU MISSED THE EASY DIRECTIONALITY
My euro shares have dropped a bit, my personal portfolio is down about 5k
401k who gives a fuck
My euro buys are all long term sells like vw (buy at 98 sell when it goes back over 200)
>>78616776
Hmm. I just wish there was someone/ somewhere I could go and have a face-to-face conversation, put up some money and not be swindled. Perhaps that's to be expected though, if I am naive, poor at maths and struggle with the concepts (and believe me, I've spent quite a bit of time on Investopedia trying to grasp it all).
>>78603332
Well at least you got to meme about MUHH MUSLIMS, MUHHH WALL, MAGA, MUHH KEK, and act racist on a Japanese image board! That is totally worth your $16,000, right? Right?
>>78616564
No he won't. Cameron said he won't stay until past October to allow a proper leadership contest. Johnson will win and then will put in article 50, but that is unlikely to be earlier than autumn. Also, Johnson today said he doesn't want to rush into it, and that Cameron did the right thing by not initiating it.
>>78603332
Where is the fellow BR crying because who lost 2 years worth of his portfolio earlier?
He lost his wheelbarrow and two whole pineapples
>>78616776
I've heard it's a reasonably sound strategy to just follow Warren Buffet and buy and sell whatever he does. Legit?
I have nothing to lose. I would have voted for a nuclear war if I could have.
>>78617206
Fair enough. Its still going to happen
>>78603332
It is going to be a tense weekend and next week for market makers.
>>78610448
While it's true you haven't lost money until you sell, if chickens prices never recover to the price you bought them at, you've effectively lost and are just waiting to take your L.
No amount of "nuh uh I haven't sold" doesn't change the fact that the stock you hold is worthless.
>>78603332
You're so fucking stupid. "I blame Brexit because im so fucking dumb to sell my stocks while the market is low" Rule 1 on stocks is to buy low and sell high. I hope you starve on the streets, thanks for the cheap stocks tho mate. That extra money can go to my car.
>>78617144
That's the problem, for every advisory email you sign up for that's worth paying attention to there are 100 that are shit. It's just as much of a gamble to follow someone else's advice as it is to bet yourself.
Hence do your research before diving in with your life savings.
Investing liquid accounts: $7,600
IRA/401K: Unclear, probably $45,000
Didn't sell, will not sell, fools sell here, this is a tantrum. Buyers will do well.
>>78611395
>when the market stables
IF the market stables AT a price at or above the purchase.
>>78603332
It isn't savings until you sell and take a profit.
Until you do this, it is speculation, not savings.
YOU DON'T LOSE ANYTHING UNTIL YOU CASH IN YOU FUCK
>>78611830
So now or the near future will probably be a good time to invest if you haven't already?
>>78603332
I made $45k yesterday night being long five year treasury futures and short the Euro and Pound against the dollar starting with the Leave win in the Northeast (forgot its name, came after Newcastle?). Got flat after Leave declared victory.
Maybe OP should stick to savings account for savings.
>>78603332
Buy the dip. It's just the Jews chimping out at the moment.
>>78603755
I really don't want to have to let you know this but everything that goes down goes back up. If you do not sell you lost nothing. It is why buying oil is the smartest thing to do at the time, while liquidation of a small amount of gold will help you along your path. But fuck your money man you don't deserve it.
>>78617809
>What is fair value?
>>78603332
>not shorting your equity and hedging gold
Why do you even invest?
>>78618149
That is what I'm thinking as well
People are neglecting that it's going to take years for Britain to fully leave the EU. This is just a knee jerk reflex to harsh news.
Buy buy buy.
I think it'll go back up a little next week because everyone can calm down during the weekend, but not make significant motions until the week after.
>>78617809
So what happens if you just keep holding until you're an 80 year old man and you die and never cash because the stock price never recovered in your lifetime? Is it still not a loss because "hurr still didn't sell"?
It's a fucking loss.
>>78603332
Today was pretty brutal, but to be honest it wasn't as bad as the January correction. Still went down about $800 all things considered. But I'm not selling shit, Long 4 Life.
I have 12k euros in cash. Don't know what to do. Maybe I should just spend it ASAP
Didn't even know this many people on pol invested
To all the idiots saying they made bank shorting, its just blind luck, if you really did make those investments. I might as well say I took out a second mortgage and threw it all down on massive options gambles and made $10 million.. if I thought some bogus claim would impress people.
>>78608628
You mean your wife had 40g gold in her face.
I swear, Indian women are the equivalent of American pimps.
>>78609092
I bought silver at 12 and gold at 1085.
I'm doing quite well now.
>>78603332
Hence why I don't play with money. I earn it, I spend it, anything leftover at the end of the week is savings.
I have a term deposit making 2.8% so money will grow, ever so slowly.
I will just stay slightly poor for now but remain happy in the long term
>>78603332
>be amurican
>keep live savings in stocks
>doesnt pull out when GB is about to crash it
you deserve it.
How do I Forex? Is now a good time to learn?
>>78603332
$6,000
>>78619511
I never check my stocks or funds really. Sit and forget is the best strategy. I don't even know how many shares of each I have; I just know it auto buys at the close of the market every Monday.
If I had to guess, though, I would say ~$600 in my Vanguard mutual, ~$300 in my stocks. I've seen far worse days.
>>78618595
Not a bad idea. Maybe buy Swiss Francs or get some kind of insurance.
Probably lost 8k including my 403b. I'm in my 20s though so who cares? Probably buy more soon.
>all these cucks that fell for the stock market meme and got swindled into thinking stocks = savings when in reality anything you put into stocks should already be considered gone
HOL-EEEEEEE SHIT some people are completely retarded.
>>78603755
>Hopefully people are overreacting and it bounces out.
This is the start of a selling trend that will last all summer.
>>78603332
op you know that the pound has gone down in value way more this past year and will bounce back since tons of people are buying up stock of it since now it is so low
lol I invested all of my savings into AMD when it was $2
I don't even look at retirement accounts because I am long (25-30 years)
But I am holding onto some cash and I am going to put it in when this bottoms out a bit. Its an opportunity to buy.
>>78620071
>403b
In other words your job doesn't contribute to society.
>>78620174
You sound like my mom
>hurr durr people lose everything on the stock market
you're literally a kid afraid of the dark because he doesn't know what's in it.
Smart people invest. Idiots live paycheck to paycheck. This is actually prime buying time since everything is undervalued.
>>78603332
buying indexes, what a pleb
also, don't sell, have faith
and if you were sensible you would have had trailing stops, newb
>>78620366
Awww you think investing in the stock market is real investing. That's sweet.
>>78609989
How do I get into this shit?
Do I need to know a third party or can I just buy on my own?
I need a guide for this shit.
>>78620294
>Medicine does not contribute to society
I guess you're right. Having to take care of shitskins and illegals is bothersome.
>>78612068
this.
HYSTERIA
PANIC
BREXITCRASH
WHEEEE
H
E
E
E
E
>>78603332
>have money in precious metals
>make an absolute killing on referendum
>mfw
Not much considering it's in a better place than it was in February.
>>78620610
>It's not real investing if I don't think it is
last time I checked, I can buy shares of a company, then sell it for a higher price. That is literal investing. Regardless you're too afraid to do any sort of investing in the first place.
We had a thread on /biz/ about things poor people say and this was one of them.
>I don't spend money to earn money
>>78619623
Anyone? I want to become NEET+
>>78620809
>never able to sell precious metals for "market" value
>>78620868
Forex trading generally isn't any good anymore unless you have super secret info. The reason for that is a shit ton of bots balancing the market no end.
If you want to get into trading look into stocks.
>>78620868
FOREX is risky.
Free advice: If you are in long, and won't cash out for 30 or more years when you retire just match your employers maximum contribution to a retirement account and if you feel like playing with some money put it into index funds and forget about it.
30 years from now you will be happy.
>>78620610
99.99% of people on the planet should hold a passive market portfolio and do nothing with it. Don't think you're part of the 0.01% that has some sort of actual working strategy because if you do you're a billionaire and you wouldn't be making such a retarded claim.
>>78620820
Just keep sticking to "my first investment" market and you'll be fine champ. Good for you.
>>78621041
I don't know what any of that means friend. Assume I'm starting from the very beginning.
>>78615274
noice, i need more like this to share with my lefty acquaintances
>>78603332
Freedom isn't free.A temporary loss for a greater future gain is what makes white ppl so efficient in building great societies
The nonproductive fucks are shaking in their sandals,as they should. It's time to purge the disease of worthless leaches.
>>78620661
You work for a CHSO? Holy shit you are part of the problem. Why are you on /pol/? KYS
>>78621140
.0001
>>78621266
Into simple terms.
I'm unsure what you bongs call it, but there's probably some sort of tax favorable retirement account which we Americans call a 401k or a IRA (Investment Retirement Account).
You want these because the government is full of greedy jews and will not hesitate to normally tax regular investment gains (called capital gains). But, realizing how people work they offer these tax advantage accounts in the hopes you'll invest more. Since you face a smaller tax burden (or none, at the cost that you can't as easily liquidate or they'll usually penalize that) it's a good idea to do it.
As for index funds. If you really step back and think about it, there are shit tons of companies out there. How do you know which one to put your money in? An Index fund makes this simple by helpfully buying a portion of every company in whatever the index fund is for. There are index funds that track EVERYTHING, such as VTI in the United States and there are index funds which track smaller niche areas or industries. Such as a gold mining etf. The advantage here is that history shows that the economy/market (stocks) always rise eventually over a long enough time period. Individual companies rise and fall, but the market always will rise. So stop worrying about which stocks are best and just buy a little bit of all of them. Index funds are also cheaper than mutual funds (which are managed by some jewish guy taking a slice).
>>78616355
Like all the other referendums the EU has ignored? My guess is they'll negotiate some kind of deal and vote again on it or some other excuse.
>>78621266
First question: does your employer have retirement benefits?
Many employers will put money away at each paycheck, or monthly money into a retirement account.
They often have an additional benefit where if you add a certain amount to your own account each month they will match it.
Say they will match 50% of your contributions up to $100.
Well you should invest $200 directly from your paycheck, your employer will match with $100, and that is free money.
These accounts are mostly ones that you can only "cash out" when you retire. An IRA for example as
>>78621778
Says.
He has a good line on index funds. Here is a good place to get a tutorial on it if you want to read (you should):
http://www.investopedia.com/university/indexes/
>>78621140
>Don't think you're part of the 0.01% that has some sort of actual working strategy because if you do you're a billionaire and you wouldn't be making such a retarded claim
That's sure implying.
I can't share my method with you, but I can tell you how I got there. I befriended a guy on an mmo who taught me everything he knew to become a millionaire without ever touching stocks and how to do it in 5 years.
Year 9 now. It worked. Better than I ever thought it would. Stay confused and upset and keep suckling the stocks teet.
>>78621778
Dividends offset administration fees by a long shot unless youre buying through a piece of shit trader or your minimum investment sucked ass.
>investing
lol enjoy your glorified casino, guys
money is for chumps
>>78622438
Yeah money sucks!
Now plz pay for my college denbts Hillary
>>78603332
I gained, g&s ftw.
>>78622574
you are way off if you think that's an endorsement for Hillary. Remember that she's been in bed with Wall Street since her Senate days.
>>78603755
>investing in the eternal jew
kys
They will take you every. single. time.
>>78622202
They will, but you're still losing out comparatively more by doing a mutual fund over an index fund/etf.
Take a tale of two vanguard funds.
VTI, my favorite, is a total stock market index etf. Net expense ratio is 0.05%
Based on a 5 star rating and deliberately selecting low expense ratios, I came up with ARTOX at a cursory search. Artox has a 0.79% expense ratio. So that's .8% of a dividend you're losing out on. And, that's regardless of how well the fund performs mind.
The reason mutual funds are not always a good idea is because of the efficient market hypothesis. When you get down to it, an actively managed fund, even with the highest-tier manager who knows way more than you is not going to be that much better. Infact, he may end up being worse because an active manager is vulnerable to human errors like all of us. It is virtually impossible to consistently beat the market, it's not worth it to even try.
>>78603755
Please tell me you're joking. This is a speculative crash. The actual economy doesn't shirnk because of people going "OH SHIT". Just wait until it bounces back 40% by the end of next week worst case scenario, 90% within the month.
This is even more stupid if you're talking about long term investments.
>>78622747
I was giving a sarcastic reply to your "money is for chumps" post but you seem serious.
Are you an anarchist? I just don't understand where you are coming from so I don't know how to respond to your post seriously
>>78622909
Correction, I didn't actually find an active managed vanguard mutual fund. I just went looking for some random mutual fund that was one of the cheapest I could find. It's still 8x more expensive than the VTI etf.
>>78622909
The vanguard S&P index fund has been very good to me since I put money in in 2009. And like you say, very low management fees
Wagecucks btfo!!!!!!
Btw this has nothing to do with brexit. It's the kikes shetimah. You goy are just paying down the Jew debt. Happens every 8 years.
Watch some more TV goyim. It's all knowing and tells you nothing but the truth ;)
I know absolutely dick about economics but I downloaded a stocks/forex app and shorted the FTSE 100 the night before the election with about $600 and woke up to $4,000.
How anyone who invests large sums of money failed to make a fucking fortune off Brexit is beyond my comprehension.
>>78621778
I don't think we hate 401s or IRAs.
What we do have is ISAs and Pension fundings.
ISAs are generally done by merchant banks, and give you between 0.5% to 1.5% returns. Those returns are tax free. The money you get to put into them though is taxed before you get a chance to put into it. They are safe upto £100k per Bank, not per Account (due to the governments policy of bailing out savers up to £100k in ISAs per Bank).
With pensions you pay into them when you get your wages without paying tax. So if you earn £1100, you put £100 in, get taxed on the £1000 remaining. These are generally ran by pension funds, private companies trading stocks "for your benefit" (aka stealing what they can get away with). When you claim that you get taxed. If you buy a annuity then you get taxed on the earnings from that as if you were taxed by a wage. If you take it as a lump sum you get taxed on that.
We also have National insurance. This is a tax on your working wage, no way out of it. The idea is that everyone gets a state pension when they get to a certain age. This right now is £155 a week, so basically worthless.
Generally the best plan for the average person is to max you employers donation to your pension (some employers, if you say "I want to put £100 into my pension", will match it with another. It depends on the employer). After that you take you post tax wage and put some into private stock holdings (FTSE 100 indexes, whatever). You won't be taxed on any earnings from that (since you already paid the tax).
This is because you'll get a 100% increase in your investment from maxing your employers contributions. The pension fund will probably steal 20% of that, but you're still up 160% from your initial investment after inflation and all that jazz.
Never put anything in an ISA unless it's spending money. If you want to save for your future, by bonds or stocks or anything else. Do not put it into an ISA.
Top 3 investment books for a good goy?
>>78603332
>he didn't take money out a week before the referendum
Two ways it was gonna go, Brexit fails and things stay the same or Brexit happens and the market (((collapses))).
Knowing this, we can minimize possible loss easily by pulling money out a week or two in advance, if it fails, we reinvest and sustain only trading fees as loss, if it succeeds, we not only prevent our loss on the day of, but we also reinvest when stocks are lower and make a significant amount of money in the long term. Simple.
>>78623983
We Have* not "we hate".
Fucking T's next to R.
>losing money on speculation
somebody's retarded
>>78623983
So who are these pension companies? They're truly private and not run by the government in anyway? We have those for our 401ks, they're supposed to follow various rules about what sort of asset classes they can invest or sock the money away. Albeit it's all a scam as well, my employer uses Blackrock for their 401ks and the expense ratios are pretty high compared to what you could get with Vanguard or other's I'm sure. I'm also a bit leery of the strategy they have for their targeted retirement plan. But whatever, it's not my only plan for not eating cat food when I'm 70.
>>78603332
Put every spare cent I had into gold and gold ETFs 3 weeks ago, sold those at a 10% profit. Gambling all of that on the sterling right now. Will report back in 8 months. I really don't care. I make enough to enjoy watching the world burn no matter what.
>>78603332
If you didnt make money off Brexit its time to reconsider your "career" in day-trading.
>>78622974
I meant what I said. Money exists to facilitate trade, because barter all the time is tedious. It's good to receive payment for a job well done. It's good to have enough to live on, and enough left over to enjoy. The stock market, however, is a glorified casino in which people gamble billions on the whims of the economy and the continued domination of the status quo. Any threat to those in power translates into a dip in stocks. Ever notice that? Just like any game, the deck is stacked in favor of the dealer.
>>78624023
That's not how it works. Knowing this, people took money out, price lowers, so if the UK would have stayed in the price would have gone up due to people buying back after the risk is gone.
>>78603332
And yet I made $1500 in stocks today. OP is doing it wrong.
>>78624500
Generally London firms. With my current employer I'm with "Standard Life". They follow rules and laws. Depending on your age they invest in various "risks". AKA under 30 they'll go High Risk, 30-40 Medium Risk, 50+ Low Risk.
Doesn't much matter though. I'm under 30. In the past 4 years I've put £20,000 in there. I still have £20,000 in there. They've done bugger all with it. I could get a better return buying bonds. Only good thing is that the company I work for put in 10k of that 20.
tell me what to do bros, i have some money to burn and no idea how any of this works
>>78609816
401s are participant directed...
>>78603332
>stocks
>savings
i love how brexit continues to expose retards.
>>78625605
>Standard Life
https://www.standardlife.co.uk/c1/index.page
Standards website if you want to piss yourself at bankers trying to be hip. 4.5million customers, most of them without choice.
I forgot to mention. You can forgo putting anything into those pensions, but the company won't match and you will get taxed on it. That £1100 example means you'll get taxed on £1100, not £1000 with £100+100 to be taxed later.
>>78625623
wait until mid or late next week, and start slowly picking up shares
Download robinhood so you can pick up the lowest prices of the days as they go along. Buy only a few shares a day across multiple days so you can get the best average price and avoid dumping it all into a price point and then it drops.
This is just a kneejerk reaction to Brexit. It will take years before anything happens. It'll rebound in a couple weeks.
>>78625623
Also do some research. Register for a free morningstar account and look at different index funds and what not.
Investopedia has good wiki like references for basic terminology.
You really need to do your own research and learn for yourself. If anybody tells you something to invest in don't listen. No advice is free when it comes to tips.
>>78603332
lol I actually earned $290
diversify your bonds nigga
>>78623950
How do you get into it to begin with?
Can I just buy shit with a card using the site, or do I need to do it through banks or some third party?
>>78625874
>>78626057
thanks, bout to look into this now
>>78625623
Vanguard is love, Vanguard is life. Death to those who insult Vanguard.
But 4 real, they're a pretty bro company. Would highly advise opening up an account and slowly putting your dosh into BND-VTI and any other Index fund ETF that appeals to you.
>>78625623
If you actually have money then you should look into getting an investment advisor. If you don't you may be able to make beer money for the next week. Or you could lose it all.
If you have money and want to go at it alone, do your own research. If we tell you what to invest in then you can rest assured that it's a poison pill, a scam.
If you don't have money but you want to look out for your future, go with the normal prescribed routes. Save for your retirement, save for a property, save for a business/invest in a variety of businesses.
>>78626412
I'm a beginner investor and I'll post what notes I have so far.
I actually just now assembled and cleaned them all up to make them more organized.
When I talk about stock charts, I use yahoo finance.
I'll post screenshots in a bit. It'll help you get started.
apparently I lost around $1000, my inheritance lost around $25000
>>78626685
best advice in thread.
the 75 bps an IA will charge is well worth not having to fuck with it, assuming you have >250k
>>78627006
So a months rent and if you lost $25k on your inheritance you aren't going to want for money anyway.
(((Google))) is pushing their agenda with another propaganda video, but this time they decided to censor all comments from the beginning. You don't have to watch the dreadful thing, just remember to give it a downvote+=
www.youtube.com/watch?v=6oDLqmM2BPw
>>78624694
probably gonna steal that analogy in the future, sorry m8.
>>78627006
Killing your parents before Brexit was decided was a pretty big gamble
>>78626412
Here you go.
These are good resources:
Investopedia.com
finance.yahoo.com
http://finviz.com/screener.ashx
Whenever you see something you don't understand, look it up on Investopedia.
Yahoo gives real time updates to prices and updates the charts every 5 minutes.
The third is a stock screener to help you find stocks within your specifications.
Also, before you use my notes as reference, look up what I wrote on Investopedia regarding the chart indicators because I know I didn't use the right vocab words in describing them.
http://www.investopedia.com/terms/r/rsi.asp
http://www.investopedia.com/terms/m/macd.asp
http://www.investopedia.com/terms/m/movingaverage.asp
My savings haven't really changed in dollar terms since I am mostly hedged.
I missed out on profiting $1-1.5k from it by timing my hedges better though. Oh well.
>>78603332
Gained on paper over 20k as bonds and gold are up.
>>78627699
Shit, Hol up
Regarding MACD, when looking at a stock, also use the 3 and 6 month charts to see if the stock is in an upward or downward trend so you know if a stock is good for buying or selling.
Only use the 5 day chart to get the best highs and lows of that specific day.
I forgot to put that in there.
>>78627938
Finviz has some basic algo generated tendlines.
Not super accurate, but something to at least get started
>>78627699
thanks man, i have no experience in this but im eager to learn and ill check your stuff out. thanks to everybody else as well!
>>78627699
>>78628258
Also, I forgot to say that you only get your 3 daytrades every 5 trading days, so if you use all of them on Monday, they refresh the next Monday, or use one on Monday, Tuesday, and Wednesday, they refresh on the following Wednesday.
it's not just 3 day trades forever and then they're gone forever.
I think everything else is good though. Use the info at your own risk and don't treat what I wrote like they are infallible, just as something to help you get things into focus.
Takes notes as you go along and download Robinhood. It's commission free and lets you buy over a couple days without having to pay commission every time.
>>78627699
You should give serious thought to reading a few books. I suggest A Random Walk Down Wallstreet and The Intelligent Investor. Investing is a complicated business, and you should make sure you cover all your bases and step outside your comfort zone. Those two books are my favorites regarding investing. They're where Warren Buffet got much of his investing strategy.
>>78603332
None. I wasn't a retard and sat on my hands. I sold my investment stocks off on 6/17 and am now dumping them into the UK's food companies.
>>78628589
Also Technical analysis of the financial markets by Murphy
you only lose the money when you sell, dumbass
>>78603332
>bet £100 on brexit winning at 5.5/1
>that £550 will buy most of my new PC
shame, if I'd been just half an hour or so earlier I'd have had 7/1
Nobody gives a shit, it's going back up you cuck.
