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Shergar

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Posts posted by Shergar

    Investment models

    in General RC

    Posted

    Some thoughts…. Firstly nothing to be made in RC investments, pandemics over and hobby will wane again. Just measure the frequency of posts on forums compared to three years ago. But actual amateur blue collar worker investment advice? Well you could try this…

     

    Premium bonds were great when the banks were holding interest rates low, but you’d actually get a better return now from a savings account. Plus side easily accessible and that ‘app’ excitement once a month!

     

    Royal mint direct sovereigns in bog standard cheapest form (NOT the shiny limited editions!) have performed very well, but there is a 5%+ hit off gold spot price when you sell.


    https://www.bullionbypost.co.uk/gold-price/10-year-gold-price-chart-ounce-gbp/

     

    Shares that produce dividends are the sweet spot - the dividend appearing is very nice little bonus too. But you can get burnt - you’d have thought having a chunk of Pharmaceutical giant GSK would have been great through a pandemic - but the opposite was true 🤐

     

    https://www.dividenddata.co.uk/dividendyield.py?market=ftse100

     

    I have a good investment portfolio, self managed, diversified in all the above. I only buy things understand or can liquidate easily (see above) I have shares in companies/retailers - for example buy Sainsbury’s and you can spot if things are going bad, buy into some south American mining firm and you’ve no clue its going to the wall 🤣 


    @Lone-wolf get the share app that comes with every phone and create a fantasy portfolio for say 5 different share's, not a number of shares but £1000 batches., then watch them for 3 months noting your fantasy buy in price and your cash out price. It will give you a clear idea if you have a lucky instinct 😉

     

    My actual advice though…… extra hours at work. If I want to buy something - which lets be honestly don’t need because its a remote controlled toy 😉 - I do some overtime for a guilt free purchase. My other advice is don’t bother saving if you have debts elsewhere like credit cards etc, clear those first.

    • Like 2

    Tools!

    in General RC

    Posted

    Have Wea and PB Swiss now, but on a budget used Bondhus drivers quite happily. Tried lots of nut spinners, but the MIP ones are really excellent quality. 

    • Like 1
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