For contrast, the S&P500 tracker fund has retuned 80% over 5 years and about 5000% since 2001.
Global trackers are the way to go. Agree you'd have to be a bit thick to invest in a FTSE100 tracker but disagree in the concept of trackers being poor investment vehicles - for a passive investor a global tracker is about as good an investment as you can get assuming fees are low.
For contrast, the S&P500 tracker fund has retuned 80% over 5 years and about 5000% since 2001.
When comparing indexes you can’t just compare the index you need to take into account dividends and the compound effect of reinvestment. FTSE 100 has a much higher yield than the S&P500. Plus it’s main constituents are not fashionable right now compared to the tech heavy US. But maybe things will be different going forward. Diversification is key.
I've got a very varied spread of funds. I just checked my portfolio analysis & about 7% is invested in UK company funds. That's enough for my taste in the current economic climate.
Microstrategy up another 25% today. $1350.
Up nearly 100% since I was advised to sell at $700.
I’m sure I’ll end up crying into my tea again, but I very much expect it to keep going all the way to $2000 over the coming months, if Bitcoin keeps doing its thing.
Raffe was probably short MSTR, short Bitcoin, short miner stocks, expecting it all to go to zero.
Must be rekt now.
There is no stopping Mr Saylor.
https://www.microstrategy.com/press/...tes_03-04-2024
https://x.com/saylor/status/17647585...EWGpd8P93me7Rg
Anybody own any European defence stocks?
I have BAE, which have had a really good run, but am considering what others are a potential buy,
Hi all, I wondered if anyone was holding any an idea stock and if they were tempted to sell now or hold on tight?
As you say, always stuff we need, stuff you can put your hand on. I’m strong on mining/commodities. Rio with a P/E of 10 and 6.7% divi seems insanely cheap to me. Atlantic Lithium for a cheap entry to a future critical resource, fully funded, government invested. And I don’t even like non-ICE.
I must be bonkers, but fancy a bit of contrarian investing and just moved a few K into a BRICS ETF which has collapsed -60% over the last two years.
I will probably be catching a falling knife, but will hold for the long term when I hope these economies rebound at some point.
Silver is a true widowmaker, im also back in black now, lets hope it slingshots after gold as it usually does!
Gold holding strong, central banks are on the bid and the western investor still hasnt woken up, though the miners have started to move a bit, Newmont up 12% on a good Q1 report. Druckenmiller has bought into Newmont and rumours are he has dumped nVidia but not confirmed... interesting times. Inflation is here to stay and it looks like USA is heading into stagflation. Got gold?
Up over 10% in less than 3 weeks on the few K I put in. I know it means nothing.
What I have noticed over the past month is the All World funds have slowly fallen, but stuff like BRIC and Emerging Markets have advanced at a clip. A trend going forward?
Maybe money is finding different locations given sticky inflation in the US and growth slowing?
I am going to continue my contrary journey for the time being and drip feed into BRIC/EM ETFs and avoid All World funds for the time being.
World Index Funds are dominated by the USA so that's slowed down a bit in the last month but it's not far off an all time high, I think your comment is only applicable to the last 4 weeks otherwise it looks like a bull run ...
As ever I favour diversification and for EM I use this fund. https://www.vanguardinvestor.co.uk/i...p-acc/overview
Note 0% Russia, I am not sure I'd be happy with the ethics of holding a BRICs fund ...
Last edited by Montello; 3rd May 2024 at 22:01.
S&P tends to track the M2 money supply.
If you overlay the M2 chart for same period, it’s broadly similar.
Everyone thinks they’re getting richer as asset prices keep rising, but we’re all just standing still in a river of inflation due to non-stop money printing. Soon something will break, big time.
https://fred.stlouisfed.org/series/M2SL
I sold half about 18months ago when they hit 400 and thought that rally couldn’t last
mine was a lucky punt in 2019 so it’s been a ride!
still holding on to the rest and can’t believe where it is now. Might sell half again now, might not
It’s a bit crazy really
If you’re still buying you think it still has room to go?
Bitcoin cannot fail to keep going up. M2 printing will ensure that all finite assets keep going up in value. Bitcoin is now the most scarce asset class on Wall Street and its inflation has just been cut in half once again, now being half that of gold’s annual inflation level.
I’ll be laughed at for saying this, but I think longer term, gold/Bitcoin will become the global currency reserves, or at least back them up, like gold did, pre Nixon.
China seem to think so too as they’ve been buying an awful lot of both recently.
All those who still think Bitcoin is a scam/ponzi/fad will eventually see the light, but will sadly have missed the biggest and best wealth creation event in their lifetimes.
Bitcoin / Gold have a place in anyones portfolio but I’d still rather most of my investment was in companies the provide goods and/or services that create revenues and profits that have the ability to grow faster than inflation.
You never count your money when your sitting at the table, there'll be time enough for counting when the dealings done.
I think possibly yes. I'm sticking to them for now. I'm quite heavily weighted towards tech and S&P, which has been good for the last few years. I sold a lot of my housing shares and FTSE indexes and put them towards the tech and S&P. Let's see how it goes.... Will keep you updated!