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educational blogs |
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I’m really fortunate (and it could be viewed by Readers who enjoy my scribblings as fortunate - although much less so for those who detest them) that some off the wall ideas for Blogs just seem to spring into my mind from time to time and I have got in a good habit of somehow recording the ideas so my ‘Slate’ is pretty lengthy and full of stuff that is challenging (and therefore enticing) to write and I like to pretend it is often of a nature that cannot be found anywhere else.
I think this idea came to me a few days ago and it is late at night on the Friday 2 Days before Xmas that I come to be working on the initial Blog Draft and I was trying to find something that was reasonably easy to produce (I am defo in Seasonal Holiday Mood and really can’t be arsed to work on anything too difficult that entails much research etc. - this is simply off the top of my bonce which is the easy and fast way to write.) The basic essence of my thinking here is that when it comes to the Financial Services Industry in all its various incarnations and nooks and crannies, a very simple and ultimately valuable stance for Retail Punters is to take the view that all Advertising and Marketing material is a potential danger to your wealth and that you need to have your Brain turned up to ‘Full Scepticism’.
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I’m really quite enjoying the Christmas Break so far this year. I’m not really sure why, but it seems like we have had several Weeks now of not all that much going on and it has been a lot more relaxing and stress free than the normal course of the Year and having to negotiate the Markets. I don’t see myself as someone who gets particularly stressed and worried about the Markets (except when we get those occasional periods where the Markets drop sharply and it is best to just totally avoid them especially during the Trading Day), but when we go into the Seasonal Period it sort of feels like some sort of subtle weight is lifted from my shoulders.
Thinking about it I wouldn’t see it as stress - it is more like a need to be aware of the Markets and for me to be checking my ADVFN app on my Fone from time to time during the Day that is removed. In addition to this, even when the Markets are open lately the Trading seems very subdued and stuff hasn’t really been moving around much - perhaps this is yet another function of the very low levels of volatility that we have been treated to for much of this past Year.
This is yet another of those Blogs I have had sat on the Slate of Ideas for me to write but it has taken up until now to finally float to the top and therefore earn my priority and focus (turds float and all that……). That’s quite a misrepresentation really - rather than an organised and sequential list of Blog Ideas for me to work on, it is a very higgledy piggledy collection of possible Blog Titles with a few having some words underneath to help me understand what I was thinking at the time of coming up with the idea and typing it into my working Blog Word Document. So the true way that a Blog gets to this stage is that it quite simply becomes the thing I fancy doing today and I just get on with it. At least in this way it is more pleasant for me to work on as I do what I want to do, rather than a Blog that I must do because it happens to be at the top of an arbitrary List.
You might have figured out from the Title that this Blog is about how I record my Individual Share Trades and Spreadbet Trades onto dedicated Spreadsheets so I have a record of what Trades I have opened and once they are closed off it enables me to calculate my Profit or Loss in £ Note terms and in Percentage terms expressed against my Capital that was used for the Trade (read that as ‘Investment’ mostly).
There is a bit of common Folklore that goes along the lines that the moves of a Share Price can indicate what is going on within a Business and that this should be a major factor in our Buy, Sell or Hold Decisions. I guess it is an extension of the Efficient Market Hypothesis (EMH) which is more of a Macro concept whereby Economists make the claim that a Share Price, Asset Price or Index Level is merely the Market reflecting all known information about a Share or Economy or whatever and it purports the idea that “The Market is always right”.
Or is it? Well, perhaps there is some validity here but overall I would say the EMH is utter garbage - it is perhaps a wonderful Academic Exercise (and regular Readers will be aware most likely of how much I see little use for such Trash and I only respect such Theories if I have seen them to be true in my immersed experience of Markets over many years) but in truth it probably would only apply to a ‘Perfect’ Market where all Information available at a Point in Time is known to all the Participants in that Market and they react rationally and with 100% accuracy in an instant. I guess the flaws here are rather obvious apart from the simple fact that in The Real World (ah, the WD strapline !!) there is no such thing as a Perfect Market. It is a theoretical construct to help explain how Economies and Markets work but it is of little value to us as Investors (or Traders).
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.
This is the second and final Part of my Blogs on Hostelworld HSW - you should be able to find Part 1 just under this one on my Blog page but because I am so super kind to you peeps, here is a Link to it: http://wheeliedealer.weebly.com/blog/stock-idea-hostelworld-group-hsw-part-1-of-2
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.
Regular Readers of the twaddle I put out may have spotted that I am very attracted to Online Businesses both in the direct retailing of stuff but also in terms of Booking things and all that. I do not hold Hostelworld HSW but I recently bought On The Beach OTB Shares who specialise in Beach Holidays and although Travel/Tourism is not a Sector I usually like, there is something about HSW that is really giving me its Siren Call - I suspect the chunky Dividend Yield backed by Cash is also winking hard at me and another factor which struck me is just how dominant HSW seem to be in enabling Hostels to find Customers and get bookings from them.
No, this is not a Blog about Michael Jackson…..
You would have to be living under a Pile of Stones to not have noticed that Bitcoin and other ‘CryptoCurrencies’ are attracting huge excitement and frenetic activity in recent Weeks/Months - to my mind this is a classic Bubble and it is only a matter of time before we hear the ‘Pop‘. One of the best and simplest pieces of evidence came about from my mate @Conkers3 on the Tweets who was up at a London Underground Station the other day and some geezer shoved a paper Flier into his mitt saying “Buy Bitcoins from us and be a gazillionaire !!” or similar wording to suck in the gullible punters. And since writing the above paragraph I have heard from a mate who got scammed when buying some Bitcoins (the real Money was handed over and the Bitcoins that appeared to be in their ownership did not exist); and just last week a mate who doesn’t do much on Stocks or anything was asking me what I thought of Bitcoin. It is classic Bubble stuff.
I was out at a old (literally) mate’s 50th Birthday Party last night and because I wasn’t driving I probably imbibed far too much lager than is perhaps wise and as a result I got up extremely late today and I have consequently been in a bad mood and chasing my tail all day. Lord only knows when I will finish this Blog but I suspect I will be uploading it in the wee small hours and looking at the list of stuff I want to cover, I am not actually sure which day that will be on !!
First up let me just mention in passing that I have finally completed the Full Series of the Income Portfolio Blogs - I am pleased with what I have produced here but I won’t be lying if I say I am happy to see it finished - I always start things with huge enthusiasm and then as time goes on it starts to bore me and I have new ideas I want to be working on (not forgetting a long abandoned piece on a New Stock which I really will focus on finishing as my next Blog to come out - it is in quite a good state and I might end up splitting it into 2 parts just to get things moving).
This is the Final Part in a long and involving Blog Series - both for the Reader and the Writer !! If you have missed the earlier Parts then you can find them at the Links below:
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