Tuesday, October 15, 2019

First Post

Tues Oct 15

Well this is a new challenge, my first ever blog, you'll have to forgive my silly mistakes as I learn the ropes.

I've just returned from the gym, a weights session, switched on the box and can see that the market is down -0.4%, when I left a couple of hours ago it was +0.25%, what happened whilst I was out?

I use Hargreaves Lansdowne (HL) as my broker, and their ticker says "Stocks rise amid renewed Brexit deal optimism" - huh?

I don't deal in Unit Trusts, I deem them to be rather opaque, instead I'm into stocks, Investment Trusts (ITs) and ETFs - at least I can see what the price is when buying and selling.

I see that Woodford Patient Capital has had another torrid day, oh how the mighty have fallen! I've also read today that his unit trust is to close down, glad that I didn't fall for all that "superstar" hype a year or two ago.

I was made redundant about 8 years ago, I was a database designer and data analyst, and I now have my own database with 8 years worth of UK stock prices and my own stock analysis tools, which I use to make purchasing and selling decisions, yes, I am a bit of a data geek, but Mr Market has provided me with a good standard of living for the last 8 years, so maybe something is working - or is it a case of when the tide comes in, all of the ships in the harbour rise. I'm sure that time will tell which one is applicable to my style of investing.

I aim to tell you all of my investment decisions and the whys and whens, so if you are reading this and have got this far, then thank you and I hope to see you again soon.





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