moneyangel
- 29 Aug 2006 14:48
Hi Guys & Girls
My name is sam i have just inherited little bit & have about 100K to invest in stock Market.
Please help me with what shares to buy?
What Stock Broker?
I dont mind high Risk shares.
Many Thanks
Sam
knol
- 30 Aug 2006 16:38
- 34 of 42
Ian,
Thank you for your swift response. As you are no doubt aware, I am not very
knowledgeable in posting. Think I ought to change my username.
Regards
knol
Confidant
- 31 Aug 2006 16:39
- 35 of 42
I'm a bit inspired by all the comment on this thread. It's nice to see so many people care
Moneyangel -- I have little to add to the above comments apart from the point that has pretty much been made all over -- Capital Preservation should be the first rule of equity investing -- believe you me !!
As for books my favs are two slightly off the wall ones
1. Trader Vic - Methods of a Wall Street Master -- in my opinion almost head and shoulders above the normal books mentioned
2. The Future of Money --- read the back section about what money really is. This is the real eye -opener. Then read Trader Vic and you will see the light
p.s. I don't like Peter Lynch although his bit about categorising stocks is Ok. I think his book --- I think "One up on Wall St" -- hurts rather than helps the investor
moneyangel
- 01 Sep 2006 11:14
- 37 of 42
Hi Mega Bucks
I already have 4 Buy-to Lets & dont want any more.
potatohead
- 01 Sep 2006 11:17
- 38 of 42
ERX.. its going to explode
moneyangel
- 01 Sep 2006 11:35
- 39 of 42
potatohead,
Why do you think ERX is going to explode?
moneyangel
- 01 Sep 2006 11:59
- 40 of 42
potatohead,
Why do you think ERX is going to explode?
Confidant
- 01 Sep 2006 12:06
- 41 of 42
soul traders
my point on Peter Lynch really is that its not that easy just seeing what new shop is round the corner and buying it --- a bit simplistic I know
I think his approach really was buy everything and just close your eyes and wait. This is great policy if you can buy a 1,000 stocks and wait. The law of maths -- stocks can go down only 100% but rise an unlimited amount basically saw him through as a winner (a little more refinement than this simple strategy but not much)
Me I prefer the "put all your eggs in one basket, and watch the basket" mentality. While perhaps not quite 1 basket
Totally agree -- read as many books as possible even "One Up on Wall St" ;-)