bux2000
"Don't rely on your memory.....just write a bl**dy
- Joined
- 11 July 2018
- Posts
- 514
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- 1,007
Hi there,
With the Ministry of Finance loosening purse strings I find myself with a delema of what to drop and buy to build a useful investment tool. Although it was not until my youngest developed in interest in investing very recently, I rekindled that interest in the market from many years ago.
So lets go.
I subscribed to Incredible Charts a few years ago and although I am certainly not a technical wizz I can Identify Support, Resistance , a few chart patterns, trend lines etc.etc. Using a default Slow Stochastic, RSI. Volume and Multiple Moving Average to identify entry and exit points and longer term trends
I have recently subscribed to Simply Wall St and MorningStar to gain an insight into the Company and some basic fundamentals of the Company I am looking at. Companies like REX (where I missed the flight yesterday) but still hope to buy a seat. Where the Directors have some skin in he Game as it were and FMG which has made up the large portion of my Portfolio.
I now find myself with a large number about 20 of relatively small positions.
the first positions I took were ATS IVC FMG VEA VUK DOW MYR RCE AJM SXL PGH GTN SW1 more recently NIC GEM BLD.
Which on average have done OK but with the obvious wisdom around me here can i ask some questions
1. Is there a number of positions that make a portfolio easier to deal with if the Custard (being polite) hits the fan
2.Is the likes of URW and GTN sitting at significant lows have a place in a long term Portfolio
3. At this stage is there a place for the likes of A1M CST TAO in a long term strategy.
Thanks for your time
bux
With the Ministry of Finance loosening purse strings I find myself with a delema of what to drop and buy to build a useful investment tool. Although it was not until my youngest developed in interest in investing very recently, I rekindled that interest in the market from many years ago.
So lets go.
I subscribed to Incredible Charts a few years ago and although I am certainly not a technical wizz I can Identify Support, Resistance , a few chart patterns, trend lines etc.etc. Using a default Slow Stochastic, RSI. Volume and Multiple Moving Average to identify entry and exit points and longer term trends
I have recently subscribed to Simply Wall St and MorningStar to gain an insight into the Company and some basic fundamentals of the Company I am looking at. Companies like REX (where I missed the flight yesterday) but still hope to buy a seat. Where the Directors have some skin in he Game as it were and FMG which has made up the large portion of my Portfolio.
I now find myself with a large number about 20 of relatively small positions.
the first positions I took were ATS IVC FMG VEA VUK DOW MYR RCE AJM SXL PGH GTN SW1 more recently NIC GEM BLD.
Which on average have done OK but with the obvious wisdom around me here can i ask some questions
1. Is there a number of positions that make a portfolio easier to deal with if the Custard (being polite) hits the fan
2.Is the likes of URW and GTN sitting at significant lows have a place in a long term Portfolio
3. At this stage is there a place for the likes of A1M CST TAO in a long term strategy.
Thanks for your time
bux
