Anyone into a Stocks & Shares ISA?

[gojira]

Invest it all in cigars. Better returns...

Yeah, if you don't end up smoking them......

[gojira]

A good friend of mine runs a family wealth office and has a large position in AML, mainly from two weeks ago at <30p per share. He thinks once it breaks the 55p barrier and stays there it will move up and recover to 90p or so.

However, in a sad sign of the differences in life, he has a six figure sum invested as play money, I have about ?1k.

I invested a small amount into a French/British biotech (Gour Medical) a couple of years ago @€0.60 per share. It went down to €0.06 and then sky rocketed because of the Covid as they produced tests. I pulled out too early and sold 80% of my shares @ roughly 500% profit. If I had waited a little longer I could have made close to 900%. But something like this doesn't happen very often, lol.

[Pleevy]

It's been a while since I've bought any shares but I've got a little waiting on a Freetrade account if anything interesting crops up.

Crowdcube has seen a couple of wins for me though, got in on Monzo/Mondo early on, fingers crossed they continue to do well and float or get bought.

Podpoint was another through Crowdcube, they were recently bought out, unfortunately at a steal but I managed to double my small stake.

[Hookmaker]

I totally missed out on some nice shares lately because the tight bastard in me was hoping that they would go down a couple percent more. Now they have all risen by 20% or more. Sometimes I hate myself because of my tightness!

Now there?s a REAL investor for you. I believe Mike, that if you?d have kids you?d have bought three slot machines for them in order for you to earn back their weekly allowances that you?d pay them. [emoji1787][emoji1787]


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[gojira]

Now there?s a REAL investor for you. I believe Mike, that if you?d have kids you?d have bought three slot machines for them in order for you to earn back their weekly allowances that you?d pay them. [emoji1787][emoji1787]


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Hahaha! On top of that I would present a detailed list with every penny that I spent for them (from diapers to university fees) once they would have started their first job and ask them to refund me everything!

[Haaltert]

Mike, you would fill the diaper boxes of your children with cigars lol


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[gojira]

Mike, you would fill the diaper boxes of your children with cigars lol


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Hahaha! We had an extra room for a future child but after filling it with my stash I convinced the boss that we would be better off without it.....

[Haaltert]

Hahaha! We had an extra room for a future child but after filling it with my stash I convinced the boss that we would be better off without it.....

Convince the bos that you now have a few thousand babies. [emoji23]


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[gojira]

Convince the bos that you now have a few thousand babies. [emoji23]


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That I definitely do. Some of them are even grown ups now.

[kern47]

I started trading back in 2017 when the infamous 'crypto bubble' was in full expansion. Started trading Bitcoin etc. while it was at ~4k, all the way up to the 16k it ended on. I was foolishly waiting for the profit in my account to hit +10k... The bubble burst as I went to sleep with it on about 9,800.... Hindsight is a wonderful thing.

I logged out of my account and have only just started trading on it again. Obviously avoiding the crypto now, but the markets do seem to have just about recovered. Although I am cautious that any more bad news regarding this virus (a second wave) could send them back down again.

My tactics now are to play it safe. As soon as my trades go into the green, I set a pretty tight stop loss and move it up gradually as they rise.

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[ha_banos]

I started trading back in 2017 when the infamous 'crypto bubble' was in full expansion. Started trading Bitcoin etc. while it was at ~4k, all the way up to the 16k it ended on. I was foolishly waiting for the profit in my account to hit +10k... The bubble burst as I went to sleep with it on about 9,800.... Hindsight is a wonderful thing.

I logged out of my account and have only just started trading on it again. Obviously avoiding the crypto now, but the markets do seem to have just about recovered. Although I am cautious that any more bad news regarding this virus (a second wave) could send them back down again.

My tactics now are to play it safe. As soon as my trades go into the green, I set a pretty tight stop loss and move it up gradually as they rise.

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This sounds sensible ... far too sensible...

Greed is a funny thing - when to take profit is always a fun game. "What if i miss out!?" Syndrome :grin:

Emotions and investing dont mix apparently.

[jerryr]

This sounds sensible ... far too sensible...

Greed is a funny thing - when to take profit is always a fun game. "What if i miss out!?" Syndrome :grin:

Emotions and investing dont mix apparently.

A lesson I learned the hard way several years ago, set your get out price and jump when you hit it, or at least withdraw your original stake when you hit it.


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[simwells]

This sounds sensible ... far too sensible...

Greed is a funny thing - when to take profit is always a fun game. "What if i miss out!?" Syndrome :grin:

Emotions and investing dont mix apparently.

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[Simon Bolivar]

Seems like some good tips there chaps. Ref AML, I didn't buy on Mon when they shot up from 35 - to 45p thinking this was over enthusiasm for the new CEO, closed today at 68, that would have been profit enough for me!

[kern47]

Seems like some good tips there chaps. Ref AML, I didn't buy on Mon when they shot up from 35 - to 45p thinking this was over enthusiasm for the new CEO, closed today at 68, that would have been profit enough for me!

Always the hardest decisions when something shoots up like that. Whether you jump in and hope it continues, or stay out and hope it drops back down the next day

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