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educational blogs |
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THIS IS NOT A TIP OR RECOMMENDATION. I AM NOT A TIPSTER. PLEASE DO YOUR OWN RESEARCH. PLEASE READ THE DISCLAIMER ON THE HOME PAGE OF MY WEBSITE. IF YOU COPY MY TRADES, YOU WILL PROBABLY LOSE MONEY. I HAVE A LARGE PORTFOLIO AND I USE DIVERSIFICATION TO SPREAD RISK ALONG WITH TRICKS LIKE HEDGING AND OCCASIONALLY BY THE USE OF STOPLOSSES - IF YOU BUY ANY STOCK YOU REALLY SHOULD FOCUS ON HOW IT FITS IN YOUR PORTFOLIO AND KEEP RISK MANAGEMENT AT THE FOREFRONT OF EVERYTHING YOU DO. BE AWARE THAT ALL INVESTORS/TRADERS GET THINGS WRONG AND MANY STOCK SELECTIONS WILL WORK OUT BADLY.
I was going to Tweet out my thoughts about this but decided it might be better to just to do a small Blog on it and that way I could be more flowing in my scribbles and of course I can just Tweet out a Link anyway. On Tuesday 27th November 2018 I was at the excellent Mello Investor Show in Chiswick for the Afternoon and into the Evening and although I spent pretty much all my time socialising with various Twitter Mates and some Investors who I had not met before, I did have an intention to speak with FireAngel to try and understand what was really going on and if there was any hope here.
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There have been a lot of discussions on the Tweets lately around the idea of ‘Moving into Cash’ when it appears that the Markets are facing what could be a fairly sizeable drop and I wanted to discuss some of the many issues around this and some related stuff. At the time of starting to scribble this we are in the depths of Autumn 2018 which has brought some seriously major Falls in the Markets and the Brexit Talks are in full swing and going terribly - hopefully by the time you are reading this we will have more certainty on the Talks but it wouldn’t surprise me too much if the Parties involved on both the UK and EU sides are still dicking about.
How true the Paragraph above has turned out to be - I am now typing this Paragraph at the end of November and the whole Brexit thing seems to have got even worse with T May seeming to have lost touch with reality and trying to force through some sort of ridiculous ‘Deal’ where we have given away everything and £39bn for absolutely nothing in return. Unreal.
I realised that just one Checklist for the ‘WD40’ would not actually suit my needs - because I Invest in a range of Investment ‘Styles’ to ensure more Diversification. On this basis, I have decided to produce the following Checklists:
This is the Final Checklist and you can find the other ones at these Links:
WARNING - PARTS OF THIS BLOG CONCERN SOME PRETTY NASTY STUFF ABOUT US AIRMEN WHO WERE CAPTURED BY THE JAPANESE ENEMY DURING WW2 - PLEASE BEAR THIS IN MIND IF YOU WOULD BE TROUBLED/OFFENDED BY THIS.
My luck with Books never ceases to amaze me. As you can probably see from my Bookshop pages, I get through quite a few Books (although of course I never read them as fast as I would like !!) and my ‘Hit Rate’ of getting good reads is miraculously high. Of the recent tomes I have ploughed through, I would say for every 10 decent ones I get about 1 duffer - that’s an unbelievable record and I guess I am due a lot of crappy ones soon !! This one caught me right from the off. By that I mean that a few months ago I was coming back from the local Garden Centre and on the way I rolled into the Charity Shop Hospice place which is literally around the corner from Wheelie Towers as I had not been sniffing around there for some time. It is a bit of a Warehouse jobbie really and there are constantly people rocking up to deliver Furniture in particular and an equally steady stream of people who have clearly bought Furniture there - it amazes me how busy it is. Anyway, amongst all the Sofas, Beds, Tables, Assorted Kitchen Appliances, Chairs, Tableware Sets, Clothes etc. etc. there are several areas of the ‘Shop’ that have Bookcases that are usually pretty full (clearly people who live in this end of Windsor don’t tend to be strong on reading !!).
This probably won’t be a particularly long Blog but I just wanted to scribble something about how my ‘Style’ or ‘Approach’ so far in 2018 (and with barely 2 Months left it ain’t gonna change much - although of course I might stick with the Current Style for a while yet as we go into 2019), has been markedly different from how I usually do things.
In most ‘Normal’ times I tend to focus on picking Stocks and I sort of relax in the fairly certain belief that more often than not the Stockmarkets are going to rise (after all, this is by far their usual way of doing things with Bull Markets vastly outnumbering Bear Markets) and perhaps I switch to more of an Index or Market focus when we get towards Autumn or if other one-off Events like a General Election or something mean that there is likely to be a Short Period of pain ahead which will need me to Hedge by focusing on the Indexes and using Spreadbet Shorts to try to offset some of the damage that my Long Portfolio is likely to suffer and soon after the ‘Problem’ I normally find that Markets and my Portfolio recover quite promptly. |
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