"Anyone taking advantage of this?
I've seen a few fabbers comment on it. "
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A bigger Depression than 1930 is what it's looking like...
Myself, I always thought the bail out money was being used to prop up and artificially inflate share prices of big companies so when a free market kicks in should be interesting to see which are companies are most relevant right now  |
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"Anyone taking advantage of this?
I've seen a few fabbers comment on it.
If you’re reading about it on fab, it’s too late."
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Ha! Ha! the modern day version of the shoe shine guy outside Wall Street knowing as much as the Heads of finiance is Fab
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By (user no longer on site) OP
over a year ago
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"Anyone taking advantage of this?
I've seen a few fabbers comment on it.
If you’re reading about it on fab, it’s too late."
I work in corporate finance and attend many board meetings for global investment managers so no... snarky comment noted though |
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By (user no longer on site) OP
over a year ago
|
"
Anyone taking advantage of this?
I've seen a few fabbers comment on it.
----------------
A bigger Depression than 1930 is what it's looking like...
Myself, I always thought the bail out money was being used to prop up and artificially inflate share prices of big companies so when a free market kicks in should be interesting to see which are companies are most relevant right now "
Sounds like you should be investing if you're not.  |
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"
Anyone taking advantage of this?
I've seen a few fabbers comment on it.
----------------
A bigger Depression than 1930 is what it's looking like...
Myself, I always thought the bail out money was being used to prop up and artificially inflate share prices of big companies so when a free market kicks in should be interesting to see which are companies are most relevant right now
Sounds like you should be investing if you're not. "
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Seeing as this is your thread...
Interested to see what you're looking at ? |
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By (user no longer on site) OP
over a year ago
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I'm actually half afraid to speak because I've started a new job and obviously I hear a lot of inside info.
I have invested in the usual blue chip companies, facebook, google etc. I'm looking at oil, petroleum and the cryptocurrencies considering facebook will be coming out with their own soon and it may boost the hype for those once again. Disney+ also launched this month in Europe and saw 2 million subscribers in short timeframe, unexpectedly so I'm watching them too as when the parks open up again I suspect it may surge. |
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"I'm actually half afraid to speak because I've started a new job and obviously I hear a lot of inside info.
I have invested in the usual blue chip companies, facebook, google etc. I'm looking at oil, petroleum and the cryptocurrencies considering facebook will be coming out with their own soon and it may boost the hype for those once again. Disney+ also launched this month in Europe and saw 2 million subscribers in short timeframe, unexpectedly so I'm watching them too as when the parks open up again I suspect it may surge."
I thought Facebook's cryptocurrency has gone titsup |
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By (user no longer on site) OP
over a year ago
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"I thought Facebook's cryptocurrency has gone titsup"
I think they just had a lot of political and regulatory pressures and it's a little bit up in the air but they have a thing called 'calibra' which is an online wallet coming out in october. I can only assume, as it was built for their crypto, libra, that they will try again. And its Facebook, I sense they'll succeed  |
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By (user no longer on site) OP
over a year ago
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"Anyone taking advantage of this?
I've seen a few fabbers comment on it.
Yes, sold a Tesla share today, made 60% profit (minus capital gains)
Mrs"
I got wiped out of 200 euro yesterday because my app wouldn't let me sell after I knew I had made a mistake of doing x5 leverage (high risk, high return, greater loss quicker)
I did get 40 euro on something else I knew would also turn down
|
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"I thought Facebook's cryptocurrency has gone titsup
I think they just had a lot of political and regulatory pressures and it's a little bit up in the air but they have a thing called 'calibra' which is an online wallet coming out in october. I can only assume, as it was built for their crypto, libra, that they will try again. And its Facebook, I sense they'll succeed "
They have basically bottled it in the face of regulatory pressure and are tieing the value of their cryptocurrency to a regular currency.. it wont have it's own price. Its only good now for transactions as its value is the same as the dollar or the euro or whatever. |
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" I got wiped out of 200 euro yesterday because my app wouldn't let me sell after I knew I had made a mistake of doing x5 leverage (high risk, high return, greater loss quicker)
I did get 40 euro on something else I knew would also turn down
"
Oh well, every cloud ...... |
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"What trading apps do you all use or recommend?"
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Most here are more professional swingers
than anything else....
Seeing as there are forums dedicated to Politics
& bikers, there should be one for finances too
Are you reading this Admin?  |
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By (user no longer on site) OP
over a year ago
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"What trading apps do you all use or recommend?"
I use etoro but dont recommend, it's not for an amateur despite it saying it is. Unless you understand the terminology its confusing. Trading212 is supposed to be good however I believe if you have revolut, it's the best place to do it. |
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By *z2goTV/TS
over a year ago
london |
Can someone ask Northsid 5 to co tact me please , he has a filter up and I want to ask him a finance question !!
"What trading apps do you all use or recommend?
I use etoro but dont recommend, it's not for an amateur despite it saying it is. Unless you understand the terminology its confusing. Trading212 is supposed to be good however I believe if you have revolut, it's the best place to do it."
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By (user no longer on site)
over a year ago
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"What trading apps do you all use or recommend?"
I use Degiro. It's very handy. Think it only charges like 50 cents per transaction, which is nothing. You can also buy cryptocurrencies on Revolute. |
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By (user no longer on site)
over a year ago
|
"Anyone taking advantage of this?
I've seen a few fabbers comment on it.
Yes, sold a Tesla share today, made 60% profit (minus capital gains)
Mrs
I got wiped out of 200 euro yesterday because my app wouldn't let me sell after I knew I had made a mistake of doing x5 leverage (high risk, high return, greater loss quicker)
I did get 40 euro on something else I knew would also turn down
"
I had a similar, but opposite experience. I sold Amazon shares after the market had closed, so the app wouldnt finalise the transaction until markets opened in the morning. However price jumped over night by 600 quid. I was able to cancel my sale before the morning, and didnt lose out |
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By (user no longer on site) OP
over a year ago
|
"Can someone ask Northsid 5 to co tact me please , he has a filter up and I want to ask him a finance question !!
What trading apps do you all use or recommend?
I use etoro but dont recommend, it's not for an amateur despite it saying it is. Unless you understand the terminology its confusing. Trading212 is supposed to be good however I believe if you have revolut, it's the best place to do it."
You can ask me here, it's a friendly place.. no question is stupid but my answer might be so it's best someone else is here in case it needs correcting |
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By (user no longer on site) OP
over a year ago
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"Ok cool , what’s ur research and take on Oil ? I’d much prefer to chat privately ?
Please add me ?"
Honestly theres not much I could give you on oil. I'm only really back in the loop this month. Oil is on it's way out in general but I see a short term gain to be made. I would also watch Carnival, a cruise liner and Boeing (where all the markets went up, Boeing went down) and I believe the airline industry is getting a bail out in the usa so that has to be set to rise.
One thing is the issue of a second wave later in the year people keep talking about so any gain may be lost... it's a guessing game really. |
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We downloaded an app trading212 and you can test the markets as they let you invest token €50000 on whatever you want like it is in real trading. so set up and did a few token bets with friends to see who could lose the most money, started a month ago, and im losing the bet as im up 6.5k euro now on a 50k investment.it did drop to 42k last week.
Its fun but won't be investing real money.
I have no idea how stock markets work. So i won't get hooked. |
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We haven’t seen the full crash yet as companies/funds have not gone to the wall yet. Governments won’t be able to save them after a certain point and then we will start seeing the fall out which has already been priced into the market.
Add to this the impact when rating agencies start cutting sovereigns ratings and countries start defaulting on debt will make situation worse.
Sovereign crisis will start with emerging markets before spreading to G20 and will take down one or two G20 countries.
The only thing I would invest in at the moment is PPE suppliers
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By (user no longer on site) OP
over a year ago
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"We haven’t seen the full crash yet as companies/funds have not gone to the wall yet. Governments won’t be able to save them after a certain point and then we will start seeing the fall out which has already been priced into the market.
Add to this the impact when rating agencies start cutting sovereigns ratings and countries start defaulting on debt will make situation worse.
Sovereign crisis will start with emerging markets before spreading to G20 and will take down one or two G20 countries.
The only thing I would invest in at the moment is PPE suppliers
"
Although I take your analysis on board, you can absolutely still invest in many other areas other than PPE. Since yesterday I'm up 120.00 will have flipped my loss by the end of today.
You take it quarter by quarter. Many blue chip companies are not going into liquidation due to covid-19 and my plan is to buy while stocks are low, let them rise, and if they do fall again, buy more, so when they rise again I'll have made quite a bit. |
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