Stocks and shares

[Coin Operated Group]

decided to have a dabble with stocks and shares as market crashes are always good time to buy

Down about 1000 so far lol

Aiming for mid to long term investment

Any tips or advice people ?

[Vendition Ltd]

Hi Matt,

What companies did you buy?

I lost a lot of money a couple of years ago in crypto currencies, I think now is a good time to buy into traditional markets if you have a long term plan, that 1000 down at the moment will not be the case in a few years you should be up a good amount.

My neighbour is a financial advisor and he told me the big 4 banks are good buys right now with hardly any risk compared to traditional companies

I like the look of Starbucks and Tesla since there drop but not sure if they have rallied since

Cheers

Ross

[JavaGreen]

Hi Matt,

Be careful with Banks!

For example, Debenhams is on the verge of administration, might even happen over the coming days..... Debenhams owe Barclays and a couple of other Banks a fortune..... and that is but one company..... how many companies are going to go to the wall? How long is a piece of string? Tread carefully.

Only people making money just now is energy, supermarkets and Sky Tv etc

[Coin Operated Group]

I bought 25 plus different c companies, diversifying I believe is the phrase.

Easy jet, carnival could pay off well but SIG group are selling at 10% of value 3 months ago so worth a punt.

[Coin Operated Group]

Hi Matt,

Be careful with Banks!

For example, Debenhams is on the verge of administration, might even happen over the coming days..... Debenhams owe Barclays and a couple of other Banks a fortune..... and that is but one company..... how many companies are going to go to the wall? How long is a piece of string? Tread carefully.

Only people making money just now is energy, supermarkets and Sky Tv etc

bought some Lloyds and Barclays. so cheap if say 10% go bust It should still be ok

[Style]

I buy shares all the time. Im heavily into Lloyds bank and they have halved in value since the Covid outbreak. 30p a share now with a divi return, though probalby not this year now of over 10%. If you want a safe bet though most share accounts (stocks and shares ISA are best, Halifax is really user friendly) will let you invest in funds. Any FTSE fund should see a 15% rise once this **** is out of the way.

[Connorvending]

God time to buy oil and oil tanker companies...whilst they're rock bottom

[Coin Operated Group]

I use ig trading platform its great but I need to fill.out more forms to buy American companies and oil but yes its definattly a good buy

[PGBrew]

I invest indirectly into stocks and shares via pension funds. I like the idea of the government adding 25% to your contributions.

[Connorvending]

I use ig trading platform its great but I need to fill.out more forms to buy American companies and oil but yes its definattly a good buy

The form takes 2 mins