Investing in shares - are you making money?

Wottle

Shedite27 wrote: »

Not trying to get into a big d*ck competition but yeah definitely making money if you're doing it right. Most of what I do is basically leads from Motley Fool and MyWallSt. They've a great bucket of recommendations, I was up 60% last year mainly based on them, currently up another 30% this year mainly built off Bitcoin.

Avoid the penny stock gambling, invest in good companies and the profits will flow.

Hi Shedite27

Do you pay for MF and MyWallSt or just base it off the free stuff?

UnknownSpecies

Mister Vain wrote: »

That's grand if you get a lot of profit. But if your profits never went beyond say €1500, would it not make more sense to sell before you get to €1270?

If you sell with €1500 in profit, you would still take home €1424, so still worth it. When you say 'makes more sense', what do you mean? I could be misunderstanding.

Shedite27

Wottle wrote: »

Hi Shedite27

Do you pay for MF and MyWallSt or just base it off the free stuff?

Pay for the basic MyWallSt (think its $80/year). Just listen to the free Motley Fool podcasts and some of their free content

Timmaay

Shedite27 wrote: »

Not trying to get into a big d*ck competition but yeah definitely making money if you're doing it right. Most of what I do is basically leads from Motley Fool and MyWallSt. They've a great bucket of recommendations, I was up 60% last year mainly based on them, currently up another 30% this year mainly built off Bitcoin.

Avoid the penny stock gambling, invest in good companies and the profits will flow.

Thank you US feds for printing all them dollars lol.

Kilboor

Realistically you want to be returning 7% a year at least but this isn't that easy to do.

I'm a swing trader though so I won't say how much percentage I've made over the last year because I don't recommend it but I have been profitable. I'm happy that it has allowed me to be debt free going into 2021.

M3CS

I opened a Degiro account in April of last year in the midst of the crash but I had no idea what I was doing. I lost interest and forgot about it for a few months but came back to it in June and purchased an ETF which is up almost 20% since then. In August, I came across a video on a popular YouTube channel suggesting that UPWK was a good stock that was likely to increase. I bought some without doing any further research myself but, thankfully, it proved to be sound advice as it's up 270% to date.

I watched UPWK rise in the weeks that followed and I transferred more money to my Degiro account in November with the intention of putting it all in UPWK. However, on that same day I came across an article that mentioned APHA and I spent several hours reading about the company. Instead of going through with my initial plan to invest more money in UPWK, I put three times as much into APHA and it's performed incredibly well, up 262% since then.

The money involved isn't much compared to what others here are investing but I'm just finding my bearings. I've been lucky and I know that my luck will run out at some point soon but I'm learning as I go and trying to educate myself more every day at the moment. My plan for this year is to invest €200-300 each month and see what I end up with.

Hibernicis

Traded quite a bit in the early 2000s and made good money from BOI, Anglo Irish, Providence, Kingspan, IBM, HP and others. Got out of all of them, selling early before they peaked (or crashed). Been out of the market since as I was too busy to give it the time it needs. Have a bit more time now and will probably start investing in quality stocks following the next crash.

Treppen

Got in in 2017 and went for cannabis stocks, up 400% at one stage,but like an idiot didn't sell and it flopped.
So down 100% for quite a while as I'd quite a few trash penny stocks.

Decided to just be happy with 10% gains on anything so clawed my way back up... Then just start of January went back to the demon weedstocks again .
Now back in the green and forcing myself to sell off any of the smaller guys as they're going to crash once the tide goes out.

Put in about 3k and at 5k now (1.5k of that is cash)

Just do it for fun really, the fact that I have to apply for a mortgage has stopped me from making any lodgings in the last year and forced me to play the hand I've been dealt. Not in it for the money though... But wouldn't say no.

My exit strategy is to sell off everything and put it into one penny stock I've been watching for last 4 years.... Click here to find out what it is https://cutt.ly/wkR1XfZ

Atlas_IRL

Treppen wrote: »

Got in in 2017 and went for cannabis stocks, up 400% at one stage,but like an idiot didn't sell and it flopped.
So down 100% for quite a while as I'd quite a few trash penny stocks.

Decided to just be happy with 10% gains on anything so clawed my way back up... Then just start of January went back to the demon weedstocks again .
Now back in the green and forcing myself to sell off any of the smaller guys as they're going to crash once the tide goes out.

Put in about 3k and at 5k now (1.5k of that is cash)

Just do it for fun really, the fact that I have to apply for a mortgage has stopped me from making any lodgings in the last year and forced me to play the hand I've been dealt. Not in it for the money though... But wouldn't say no.

My exit strategy is to sell off everything and put it into one penny stock I've been watching for last 4 years.... Click here to find out what it is https://cutt.ly/wkR1XfZ

https://bit.ly/2Z4HICS

Horusire

GME was not a good investment after all... 😂

OEP

UnknownSpecies wrote: »

I'll never understand this take. If you think your profit will increase beyond €1270, why would you sell below it just to avoid paying tax. You still get €1270 plus 2/3 of all the additional profit beyond €1270.

It depends on your strategy. If it's a long term investment you can take 1270 every year with no tax liability, buy back straight after selling and thus reduce your tax liability whenever you eventually sell in the future. If you sell everything then you're going to have to pay tax

OEP

OEP wrote: »

It depends on your strategy. If it's a long term investment you can take 1270 every year with no tax liability, buy back straight after selling and thus reduce your tax liability whenever you eventually sell in the future. If you sell everything then you're going to have to pay tax

Look up bed and breakfasting rules before doing this...

Valhallapt

OEP wrote: »

It depends on your strategy. If it's a long term investment you can take 1270 every year with no tax liability, buy back straight after selling and thus reduce your tax liability whenever you eventually sell in the future. If you sell everything then you're going to have to pay tax

Yea they key here it to buy back in, taking money out breaks the compounding interest part of investing, better to reinvest that 1270 and have it working for you.

Also as an aside is the 1270 at an individual level or can i claim double when married, or should my wife open an account?

OEP

Benjamin Mango Baker wrote: »

Look up bed and breakfasting rules before doing this...

Thanks, never heard of that. Does it apply in Ireland? I can only find UK related stuff

Edit: I found it. That is good to know!

bish76

Also as an aside is the 1270 at an individual level or can i claim double when married, or should my wife open an account?

You cannot claim double if married but your wife can open account and invest to avail her exemption.

scheister

In the past i have had a mixed bag of results.

Went with a more focused view last year. Currently i am spread with 1 share and 2 ETF.

1. IRES is 22% of my portfolio and is up 19.35%
2. Vanguard FTSE All-World High Dividend Yield UCITS ETF is 53% of portfolio and is up 9%
3. VANGUARD FTSE DEV.EUROPE U.ETF is 25% of my portfolio and is up 5.54%

In a perfect world i want 5 items at roughly 20% of portfolio each but that is down the line. in the nearer term i may get the top 2 closer to get in portfolio size

agoodpunt

had one of my best years in 2020 held a lot of tech AMD Tesla Apple and Amzn now have switched away to growth in opening up and hoping for a normalising now holding Bank of america, ABNB, Royal Carib Cruises, fedx and paypal.
so far it hasnt been great 1st quarter hope for a positive round of earnings to kick off this trading year.

dontparkhere

Up from a 20% loss this time last year to a current 12% gain. Portfolio rallied and fell 10% over the last 2 weeks. Mainly a value portfolio with a few recovery stocks.
Even though I would happily buy more of every stock I own, the more I read, the more I feel like investing in etf's going forward. I would want to be comfortably beating the market and have a significantly larger amount invested for the time and effort involved. Enjoyed looking at stocks when I had plenty of spare time over the year but long term I would be better off investing in myself and letting my money grow hassle free.

bfa1509

I just started investing in stocks on degiro in january last year right before the crash. :rolleyes:
I am down 12%

I started investing in cryptocurrency in July of last year - am now up 300%

I invested four times less of my savings into cryptocurrency than I did in stocks. My crypto is now worth twice my stock portfolio...

However, I fear the next year may flip my fortunes the other way (or both downwards...)

tamova

I started last May with about 1000 euro and deposited 80ish % of my income every month since. It's fluctuated but I've profited around 7.5k (I think that's about 40% return, but I couldn't tell you) in 10 months. A few weeks ago that profit would have looked more like 10-11k.

I own a whopping 2 stocks (Square and Microsoft), I had one more which I sold for capital gains exemption. I've not sold any other stocks, they're all long-term holds, I don't trade.

I invested 2k in BTC in January this year, which has returned about 2k in profit.. which is fairly crazy lol. I took out 1200 euro of profit to reinvest in stock, but would like to gradually DCA in to some more BTC over time.

garbanzo

Updating that I started adding to my share portfolio by investing in various shares via De Giro back in May 2018. Steadily putting in €100 per month. Today is the anniversary of the start and it is now worth €5,002.

Nothing dramatic. Slow and steady wins the race, and all that. It could all be worth half tomorrow. Who knows and I guess that’s what “risk tolerance” is all about.

The same amount would have been chipped away at by inflation over that time if I’d left it on deposit so happy out.

the butcher

Used to trade years ago and stopped in 2016. Started up on degiro last June and currently up 15.5% overall. Crypto up 260% since 2018. Still HODL.

I don't do REIT, SPAC or GME/AMC plays or Margin. Nowhere near smart/knowledgeable enough to do that. BUT, I do gamble (and I use that word carefully) on growth stocks.

I started on Degiro in June 2020 when KBC slashed my special interest account from a heady 1.5% interest per annum to approx half that. It'll either be the best thing a bank has ever done for me or...

It's been a HUGE learning experience one could never learn in a lecture hall.

First of all my biggest mistake (listening to my wife ) It was before Christmas and I was swing trading GEVO (partially out of boredom) and sold with the intention of buying back (to gain some shares without adding capital). My wife came into the room and asked if I wanted to wrap presents. The timing couldn't have been worse and by the time I got back to it the price had jumped (not much, but would have lost shares if I'd reentered, which would have annoyed me). Over the next days/weeks it rocketed and if I had held to the top (I wouldn't have) I'd have made approx half a million euro before tax !

I'm currently up €23k paper profit, but this week alone that was €16k and briefly mid €30k.

I do a lot of DD before buying, and cannot recommend my trading "strategy". In the next few weeks I could make hundreds of thousands of Euro (or more) or lose €10s of Thousands.

I'll update here as to which it is

Gorteen

I'm a very small scale investor. Small basket of shares (AIB, Glanbia, Dalata, Band of Ireland). Invested €7200 ever the past year, current value €12,000.

RainInSummer

Degiro user since Dec 2019, up 242% overall. I got in before Covid was really a thing that was being talked about and was wondering what the hell was going on when everything I had slid back in March 2020.

Took a deep breath and realised I was only messing about diversifying with the small amount I had. Some of my picks were up 40% in a week. A whopping €80 profit. I mean if something you put time into goes up 40% you should be celebrating.

So I sold all the 2 and 3 hundred positions and went all in on two weed stocks. Sold off and bought back in. Eventually built myself up to about 3k and put that in to two uranium miners around the Oct mark. I've now started putting money in every month to add on dips and add more companies within the same sector, just diversified geographically.

So far so good. Can't last I know. But I'll learn and come out of it richer and wiser or poorer and wiser.

garrettod

Happy to report that my long term investing has gone reasonably well...

One way or another, I've been investing for about 25 years, and I'm up.

Granted, I haven't always picked winners, and I rarely get involved in the quick buck schemes, where people might flick in and out of a small cap stock, in the space of a few days. That's not to say that I've never done it, or that I don't buy small cap companies on occasion, as I do.

I'm happy to say that I've done a lot better than if I'd left the money in a deposit account over the last 25 years, instead.

The starting point is to figure out the basics:

- what you want,
- what your time horizon is to achieve what you want,
- what you are prepared to risk losing, while attempting to get what you want.
- whether you are after regular cashflow from dividends, or you are hoping for more capital growth by forgoing regular dividends

Be realistic, and be honest with yourself, when answering the above

If you are looking for a get rich scheme, you'll probably be better off doing the lottery, or a bit of online gambling.

Then start doing some research....

dotsman

Have dabbled in the stock market ever since I graduated college. However, it's only since I joined Degiro that I have started to invest properly (Started in Jan 2018).

Try to be diversified (typically 20-30 stocks at any one time). Am diversified, but "tech-heavy".

So far:
2018 - up 4% (was up 25% at one stage but lost it all in the crash that Autumn).
2019 - Up 28%
2020 - up 68% (was down about 30% at the trough in March, but it bounced back brilliantly for me)
2021 - As at today, just breaking even (have been up ~10% 3 times, but then it falls back to zero!)

Overall profit over the 3 years in the several tens of thousands.

UsBus

Trading since 2015 with Degiro
Am up 30% despite a couple of smaller companies going bankrupt in that time. Wasn't making a lot until I invested a chunk a couple of years back. Figured it was doing feck all sitting in the bank & Credit union so I went for it.

Am in Crypto since 2017, early years were a write off but am up about 40% currently.

My investing has followed a pattern. I invest, if something collapses I sit on it for as long as possible. If I have confidence in the share I will double up to try and get my BEP as low as possible. Gradually the good shares come back up. If I learn my lesson, I'll sell off a small percentage when its green.

The influx of Robinhood, Revolut, Reddit fueled investment has removed all stability from the markets. Hard to just look at the technicals any more.

DanT88

I doubt anyone here will give you honest figures . There are people who may read this thread and just want to cheat you. My opinion is that there is no money to be made in the stock market. You can argue with me and not believe me. But let's take a look at the growth chart of bitcoin and other cryptocurrencies together . Amazing, isn't it? I personally took out a loan and invested in several different Coins . Bitcoin , Etherium and a few other cryptocurrencies . I want to tell you that you can read about the loan here . If you have a basic understanding of economics and you understand how to calculate simple and compound interest, I think that you will have no problem earning on any market.

wrestlemaniac

DanT88 wrote: »

I doubt anyone here will give you honest figures . There are people who may read this thread and just want to cheat you. My opinion is that there is no money to be made in the stock market. You can argue with me and not believe me. But let's take a look at the growth chart of bitcoin and other cryptocurrencies together . Amazing, isn't it? I personally took out a loan and invested in several different Coins . Bitcoin , Etherium and a few other cryptocurrencies . I want to tell you that you can read about the loan here . If you have a basic understanding of economics and you understand how to calculate simple and compound interest, I think that you will have no problem earning on any market.

This is up there with the most idiotic posts I've come across on boards.

Cannot make money in the stock market?
Loans to invest in crypto?

You cannot actually be serious?

theboringfox

DanT88 wrote: »

I doubt anyone here will give you honest figures . There are people who may read this thread and just want to cheat you. My opinion is that there is no money to be made in the stock market. You can argue with me and not believe me. But let's take a look at the growth chart of bitcoin and other cryptocurrencies together . Amazing, isn't it? I personally took out a loan and invested in several different Coins . Bitcoin , Etherium and a few other cryptocurrencies . I want to tell you that you can read about the loan here . If you have a basic understanding of economics and you understand how to calculate simple and compound interest, I think that you will have no problem earning on any market.

I dont like this post. Seems like enticement into borrowing to invest in crypto. Not a fan of it.

dotsman

wrestlemaniac wrote: »

This is up there with the most idiotic posts I've come across on boards.

Cannot make money in the stock market?
Loans to invest in crypto?

You cannot actually be serious?

theboringfox wrote: »

I dont like this post. Seems like enticement into borrowing to invest in crypto. Not a fan of it.

Exactly my thought. Anybody borrowing to fund their gambling needs serious help.

Links to a US loan site, is your man for real?

Cute Hoor

DanT88 wrote: »

The main thing is not to waste time on crypto

DanT88 wrote: »

I personally took out a loan and invested in several different Coins . Bitcoin , Etherium and a few other cryptocurrencies .

Hmmmm