Following with interest. I’m keen to learn and wanted to do a dry run for a few months and then start on £10k. Then see where we are after 12 months..... I’m rubbish at numbers but good with patterns.
Toying with buying a medium sized oil tanker cargo - nothing fancy, maybe 80,000 Te - and if it goes tits up I'd be happy to see them try to deliver as I'm about 15 miles inland
I'm already shit hot and buying stuff and losing my bollocks on it !! I'm always interested in this but I don't know if I have the temprement for it ! Sounds interesting
Yeah it defo will, but people that know alot more about it than me are saying oil currently isn't on buy. Nor is it on hold. Its a complete mess lol.
Some years ago I bought into 5 companies at £250 a go. 4 are worthless, one was sitting at about 8 grand before the virus its dropped a bit now though. As my old man keeps telling me, only invest what you can afford to lose. He has made a good return over the last 20 years but was constantly watching stock levels.
Agreed, never stick your nest egg in it. Watched a vid from some guy that said you need a pot to the side with about 3 months wages worth just incase anything happened to your job, another pot with another little bit. Then play with what's left.
More. Alot borrow what they trade at the start. Natwest hand it out at 3.4%, not sure atm though obviously. 4% return is what you should be looking at minimum really. Over last 60 years the LSE has averaged 10% growth. But I'm way too gutless for that.
