That probably wonāt work with GGP due to the way the market works, with it only operating at set times during the day. By the time you get the alert you would have to buy in the next āset timeā at which point the price is likely to stabilise.
If you want to buy ācheapā you probably need to have limit buys. They are currently working fine. Initially I had a similar issue to Phil (with buying it on T212) so I also ended up buying my initial chunks at a higher price than it initially was.
Is there a way to find itās set times or is this sporadic and changeable daily? At the moment I have time spare to be present but as time moves on this luxury will be less available.
If you want to go traditional and safe thatās fine, but incase you are interested in sprinkling in aggressive growth Iāve pretty much narrowed down the 3 best growing ETFās that Iām interested in myself.
It isnāt sporadic, you do have to time it right, and a lot depends on the liquidity of the stock. Both Phil and I had trouble getting orders through with GGP back in April. Maybe it isnāt as bad now
"SETSqx (Stock Exchange Electronic Trading Service ā quotes and crosses) is a trading service for securities less liquid than those traded on SETS.
The auction uncrossings are scheduled to take place at 8am, 9am, 11am, 2pm and 4:35pm."
If you believe that the tracks lead up then all that matters is being on the train. I got off because gold miners are a bit too much of a rollercoaster for me. Iāll buy again next time itās <2p - ideally in the sub 1p range.
When I set up my portfolio I remember being advised not to pump too much money monthly into the UK ETF rather start with the S&P and % everything out from there.
Just wanted to say thatās been great advise so glad I listened as the FTSE 100 (FTSE 200 coping better) is forever in the red and S&P is always in the green.
Is this because US are able to cope better during this pandemic or British economy really isnāt that great?
It is probably because there are more Tech companies in the S&P and investor have had more faith in that index, at least over the lat decade. The FTSE can also be affected by āBrexit newsā.
Nonetheless, I think that at some point, the FTSE and other ālaggingā european indices will grow quicker than the S&P mainly because they have been āleft behindā. For example, it seems like they have done slightly better in the last couple of months.
Also, European indices have more traditional āvalueā stocks such as banks, telecomms, energy companies, instead of āgrowthā stocks so whenever the trend reverses and value starts to increase in price more than growth we may see a reverse in the trend and European markets rising more than the indices from the USA. It does not seem to be imminent, but it will probably happen at some point.
Interesting. Thank you. I was just curious as to the results Iāve been passively monitoring.Weathering the storm well and truly. Been a great time to start stocks but also super turbulent one.
I also wonder if itās the prospect of winter coming along and the possible spike once again in COVID.
Today is a harsh day out there (metaphorically on the markets)
FTSE 100 is full of very old, usually stable, mature companies in the financial sector, oil, and a few other bits n bobs. Not much growth on them as unless they change their business model they have reached saturation.
FTSE 250 is the growth market for UK, really. Smaller companies that are established but usually still have room for growth before they reach market saturation. Roughly equal to Russell 2000 I guess (not exactly, but for explaining itāll do).
AIM is a mixed bag of goodies, you might get a gem or you might burn yourself.
S&P 500 (and US market in general) has tons of up and coming tech, which has a lot of growth. Especially on Nasdaq, thatās chocked full of tech goodies. NYSE tends to have the more mature companies, but they still seem to find new markets to grow into, unlike the dinosaurs in FTSE 100 who seem to be content with their position and not really making any big moves.
Although there will always be exceptions, this should be the general differences between the indices and the companies tracked by them.
Edit to add: S&P 500 has more of a mix between the mature companies that have reached their saturation point and a good selection of growth. FTSE 100 is lacking in growth as a majority of the index is fully mature companies
This is a worthwhile listen. Scottish Mortgage is killing it (although perhaps donāt look at it today!) but Tom Slater confirms here what the guys are saying above. All the innovation (ie. growth) is coming out of US and China currently.
In general thatās fairly depressing as Iād like to think the UK would like to play more of a part in shaping the future. Iām sure weāre trying.
Itās not very hard to ākill itā these days though. You could have closed your eyes and thrown money anywhere a few months ago and been up 100% now. And Iām saying that as a holder of Scottish Mortgage sToNks!
Love a daily dose of optimism, I totally agree.
