As the title really do you guys jealousy guard your choices or do you share/discus them openly?
I know theres always a risk of somone taking your choices as financial advice. Is that what stops a lot of people talking about what thier investing in or is it more you dont want others to jump in and profit from your hard work, or just you dont want to have to admit if it went down?
Openly discussā¦ donāt think investing talk is as taboo as salary talk.
Plus whereās the fun in keeping things to yourselfā¦?
Also I think this risk is smaller than made out as the average person is very cautious with their money, so if they do something with it, they will and do own that decision. If not, they couldnāt afford the legal fees to claim damages from the person they relied on
I show it on my YouTube Channel, hope
my disclaimer is enough to protect me from the financial advice thing. Definitely doesnāt have to be private, I donāt get it at all, I like being open about everything
I built an entire thread disclosing pretty much everything I have
Doesnāt bother me in the slightest in fact the opposite, itās where you gather super helpful advice. Sharing is caring. Knowledge is power. So forth and so on.
From what I was reading online, albeit an American forum, there is still a perception by some that the stock market is gambling or inherently evil. Anyway that is the extreme end of it.
@CeeGee I agree, I talk to my friends and colleagues who invest to share tips. I wouldnāt bore anybody who had no interest in the topic though!
Funny you should say gambling as I was chatting to a financial advisor who said that to me today!
We had a great chat about stocks and then he ended it with āitās still like gamblingā
He did financials for companies in the FTSE 100 and couldnāt invest with it being a āconflict of interestsā maybe he was tad envious or maybe heās telling the truth!
I only have one friend who invests so I have to bore people on here (Through my thread, so itās a choice to be bored by me)
It is not a secret but it is a bit like pornā¦
although we all have some under that āold-office-docs-definitely-boring-dont-clickā folder, we donāt broadcast them in public
Jokes aside I think showing current positions is 10% of the picture, other 90% is timing.
For example I got 160 different instruments total in my SIPP/ISA/INVEST accounts and I am very overweight in Apple shares, and my last apple purchase was in 2019. If I copy and paste my portfolio here, it may imply that āI think buying apple right now is a good ideaā which is complete opposite my belief at the moment. And someone might follow that advice (although my profile says, donāt listen to meā¦)
On the other hand, I maintain a very dynamic complete buy list divided over sectors, I have been planning to reduce the number of instruments on there and make a post about it here. Iāll try to create some pies for myself to ease this buying. If I can manage to get my buy list below like 60-70 shares you might see it here someday soon
I openly discuss my salary, I donāt really discuss my portfolio because thereās nothing much to discuss. If people ask whatās in it Iām happy to tell them what and why but it would bore most people I think.
Possibly. Or the person investing in Tesla only sees it as a car company and likes the cars but doesnāt think oils going anywhere. I donāt think oils will disappear, we need it for many many things, but i believe it will be in decline so from my logic why would I invest In a company which I believe will have declining revenues. Plus itās a moral thing too, I donāt invest in companies or industries I donāt like
Not secret. But I have a vision towards the future. Especially when it comes to renewable energy related companies and not everyone shares that vision. I donāt care what they think about it. In the end I am right.
Could we have the Play Store and App Store hyperlinks on our shared pies contain our personal referral code or would that be a transparency issue?
And the same with the pie sharing link. If they sign up through this link on browser could this work also?
I have changed my strategy few timesā¦ whatās also OK, the more you learn, more you do improvements on any area of your live.
My latest strategy version is very simple: For blue chips/dividends/etc: I have some historical timeframe targets, like 5Y, 10Y 15Y and 20Y, if a stock has beaten S&P500 in 3 out of these 4 targets, considering reinventing dividends, then I hold it separately, otherwise I will stick to VUSA/QQQ.
Exceptions: Stocks that I manage to buy very low and mighty give a mid-term (at least) return above the market.
Growth: Any company with very good growth potential that are solid already and kind of leader (or almost) in any segment. e.g. Apple, Microsoft, Tesla, AMD, Nvidia, Nee, etc.
ETFs: some for diversification and heavily on VUSA/QQQ.