Temp0101
Winger
As long as Governments keep printing fiat, gold (and Bitcoin which is my investment preference to gold) will continue to increase in price by definition given it's limited - and in BTCs case fixed - supply.
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Stocks n Shares ISA
- Thread starter Fletch
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mini-x2
Striker
World events change things as far as gold is concerned and although there's no sign of its phenomenal surge over the last few years, there will inevitably be a drop at some point.
Temp0101
Winger
Absolutely, but over time it will go up as fiat debarment continues, the Chinese are buying a shed load of the stuff to back up their currency.
mini-x2
Striker
*slowing down (insert after 'years')
Long term, tech stocks have always been a winner. Dot com bubble burst, they bounced back, 2009 bounced back, Covid, bounced back. Bit of a correction last year with Trump's tariffs, bounced back and then some. We keep hearing the same thing about corrections, they happen from time to time, and then tech stocks go on to reach ever higher records.
I have a chunk of my pension specifically in a Tech fund and it's grown approx 25% a year on average over the last 10 years.
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Select coaches
Striker
The concern is a very large percentage of your cash in tracker funds are in 7-8 not very diversified companies.
Alchemist
Full Back
If tech stocks come down people will buy the dip and it'll likely jump straight back up.
I think people are looking long term for those stocks, so give it 5-10 years and some of those companies could be huge. Everyone wants the next nvidia and nobody wants to sell, so this could keep going for a while yet.
My T212 account is mainly tech and AI. I'm constantly checking my phone and shaking my head seeing how crazy things are going, but I really don't know what the catalyst will be that will cause a correction that's anything more than temporary. A China tech breakthrough, maybe?
Darlo1973
Striker
Trouble is that even if you have an S&P 500 fund the tech stocks make up such a large percentage that any correction is going to hit you anyway.
There is such to be an AI correction in the next few years (classic Hype Cycle) but the long term growth prospects are still good.
I suppose one way to handle it is to occasionally take the profits and invest them elsewhere. But given the way they behave long term, it's not necessarily the right choice. And long term is where it's at.
FishburnMackem
Winger
Got around 7k tucked away in a cash isa earning 3.85%... not great.
Any tips for a t212 low risk stocks and shares pie?
I see robinhood is up significantly in the last month, although that's obviously pretty volatile
Any tips for a t212 low risk stocks and shares pie?
I see robinhood is up significantly in the last month, although that's obviously pretty volatile
WashFTM
Central Defender
I mentioned GGP ( Greatland Resources) last time I commented back in june. , I hope someone took a punt on them as they have approximately quadrupled since last December and there is still some way to go.
They are £4.00 at present this is due to a 20 to 1 stock consolidation and were around 16p before.
Brokers notes put future price at over £6.00 and in years to come £10.00/ £15.00 could be possible.
The company is debt free with £750 million in the bank, and producing approximately 80,000 ounces of gold a quarter.
This is not financial advice and do your own research.
I have been in this company since 2017/18
They are £4.00 at present this is due to a 20 to 1 stock consolidation and were around 16p before.
Brokers notes put future price at over £6.00 and in years to come £10.00/ £15.00 could be possible.
The company is debt free with £750 million in the bank, and producing approximately 80,000 ounces of gold a quarter.
This is not financial advice and do your own research.
I have been in this company since 2017/18
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Alchemist
Full Back
Lowish risk would be a vanguard style part bonds/part equity etf.
So sticks and shares is gambling.
Put your life savings on every horse in the 115 at Newmarket the overound is 119% on that race at the moment.
Means if the favourite loses you guaranteed 19% profit.
If the favourite wins you lose 19%.
Sums up stocks and shares and isas it's gambling.
WashFTM
Central Defender
Hobsons choice really, this is my dabble and I'm happy with the results so far.
It isn't gambling at all, and your race analogy doesn't work. Unless a company goes bust, you don't have to take your losses unless you choose to by selling. There are no immortal horses whose whole careers you can bet on, only cashing out when you want to.
Most investors with a long term outlook can beat any other form of "saving" available to them by investing in the stock market. Add in the tax relief, and there is nothing comparable within the reach of most people.
Edinburgh Black Cat
Striker
It depends.
Do it wrong and it is like gambling.
Do it right and it is more like being a bookie.
32nd of December
Full Back
It's not gambling. Its basically what your employer does with your pension scheme, invest in stocks and shares, over the years it grows.
