New Investment ideas !!

[Eurobound]

Was inspired by Aunaturalmamas post on another thread so was wondering if there are other creative ways of investing other than the traditional methods i.e. property, shares that people are exploring.

Well I can tell you what I'm doing but it maybe takes a spot of nerve and the cash to make it happen but as you're posting in 'investments' I assume you have some cash to invest

I have taken 100K from savings and put the lot in shares which I manage myself via an app. I try and day trade but sometimes get locked in for a week or two. I familiarised myself with how the companies of my choice were doing , projections, news of dividends etc and I take all my profit out as soon as it's made. Since March I've made 18.5K which I don't think is too bad

Happy to answer any questions - also would like to say, it's not for everyone but you wanted some quirky ideas!

Oh that’s an interesting one thank you
I do have some shares but I’ve always planned to hold them long term so haven’t really looked into day trading yet. But it does sound interesting... would you mind sharing how you go about it? What platform do you use? How do you pick stocks?
Btw congrats...that’s some really good returns!

I use the trading 212 app. Started with smaller amounts to see how I did and then got a little braver. The key for me is choosing the 'safer' companies although of course this isn't foolproof. I then read up on them and I read through investment projections for each company - which is as dull as it sounds

I'm invested with just 4 companies right now. 33k in one, 60k in another, 22k in the third and then 6K in my last one - which is my wildcard! And yep I've gone over my 100k but couldn't resist after a big drop today

I know what the usual price is for these companies shares - although I'm aware that past performance isn't necessarily an indicator of future performance. All my companies are massive names btw - nothing weird.

I'll use M & S as my example. I know what they usually trade at so when they drop below it, I shove in some money. So I did this the other week when they dropped to 89p. I then waited and watched. I'd already decided I wanted to make £500. So when it hit that, I sold. I was lucky that day - took about 6 hours to come up. Invested back when they dropped again but this time I got locked in for a week before I sold.

And so on and so forth. I hop in and out and I don't hold on for the £££ - my best so far was 7k in one go but I was locked in for nearly 3 weeks there!

Drop me a PM if you went and I'll let you know the companies I'm invested in. I boringly choose the same ones but I'm not sure how wise it is for me to divulge them all here 😀

That’s a brilliant strategy I’ll drop you a PM shortly. Thanks!

Could you PM me as well CherryPie

@CherryPieSky, could you message me too please. Thanks

Ha, doesn't feel like a brilliant strategy right now! Bloody everything in the doldrums. BUT it's been here before so meh, I'll be out again shortly I'm sure.

M & S I managed to get out of the other day and they're at 95p right now. That's not particularly good value so price alert on for 89p and then I'd invest - but because they're so static right now, I'd come out again at a couple of hundred up.

And sometimes I literally hope in and out all day long! Even taking into account the stamp duty you pay on each transaction, I always make profit.

I can't 'encourage' others to do it and you do need a bit of nerve because even a company like M & S (described as 'perennial strugglers' for a reason!) could, I suppose, go down the pan. But are they likely to? I think not, and I know what their share value has been and should be sooooo for me, I'll chance it.

I'll PM all who have asked tomorrow. Happy to share strategies and the companies I've gone for.

And if me and my most cautious husband can go for it and make money (now 19.7K since March) then I suppose anyone can.

Hi @CherryPieSky, can you please PM on this as well. Thanks!

Since March I've made 18.5K which I don't think is too bad

What in a market that has been shooting up?

Day traders generally lose more than they make. High risk and hard work

Hi @CherryPieSky I wouldn't mind some of your wisdom on this if you don't mind sending me a PM. Thanks.

Well, there is bitcoin.

But if you want to get into the really interesting and esoteric stuff, there is an entire world of crypto for you to discover.

Yield farming on Compound
Derivatives trading on Synthetix
Margin trading on Fulcrum
Stablecoin minting on Oasis
Futures hedging on Opyn
Liquidity mining on Uniswap
No-loss lottery on Pooltogether.

Absolutely NONE of this constitutes investment advice, but it a fun and, in my experience rather profitable, hobby.

As well as those already mentioned, I’d like to share my experiences with fine wine and art. Both are asset backed so very low risk. Typically with wine I get 10-12% return per annum and with my broker I only pay a fee when I exit the market. Many people are suspicious of fine wine investment because of the rumours of scams out there, but the company I use is very trustworthy and has physical offices/has been around for 5 years and won many awards. Happy to share more info if you’d like. Art is another good one, but longer term hold unless you’ve got the budget for a Banksy or two! They do look nice on the wall though....

Getting lucky is not "investing"! Buying and selling on a whim is just gambling. Please do not gamble with money you cannot afford to lose.

I'm basically doing the same as @CherryPieSky but with pennies rather then lots of savings. I allow myself £50-100 a month to play with and now have £400 in shares. Over half of that is M&S as I have high hopes for the Ocado partnership and then the remainder in brands I know and some penny shares too. I am using Freetrade and also have Trading212. I also have got a few free shares from sharing my link on FB. I am in profit but have made mistakes so I'm hoping to get better with practice.

Hi Cherrypie, I would love to hear what companies you invest with too. I am seriously considering doing similar. Thanks

@Cailleachian @Femaleinvestor
All interesting ideas...definitely not for the faint hearted

No, its definitely not for the faint hearted and there is a substantial learning curve. But its still worth getting a few quid of bitcoin and ethereum. Learning how they work and how to secure them properly is the best investment you will ever make.

I would never in a thousand years seek to trade individual shares. It takes a lot of time,effort and research and it can be very painful if and when you loose. Instead i prefer to pump money into widely diversified low cost collective investment vehicles. What those vehicles should be are down to your individual circumstances but as examples, i currently have L& G international index trust(acc) ,Jupiter strategic bond, CTY and SMT

Interesting pp mentioned m and s stock.
I kicked myself I didn't buy ocado shares after the fire.
I spend a fortune in ocado every week!

I do have some m and s shares.
I'm also invested in rolls Royce as a gamble with small amount.

They are under half their usual value. Most invested in index trackers, bonds eft.

Wouldn't there be lots of tax to pay on selling shares everyday?

@Ohsuchaperfectday oh me too- I couldn't afford to buy Ocado shares a few months ago when they were at £11-12, wish I had just gone for it!

M&S shares are still at 95p so I am hanging on to my little bunch of shares.

Sound energy is another one I am watching- I bought them at 1p (happy to lose the money if it doesn't work out) and they have climbed to 4p and dropped again. I will sell the next time they hit 4p for a nice little profit.

Pay day on Wednesday so will have a play with another £50 and see what happens. I am very slow though and certainly don't buy and sell in the same day or even week.

Duchess I am also buying to hold. Except perhaps for the RR shares...

Fancied investing in gold but didnt want to hold any physical bars or coins. Have decided to put a small investment in two gold exploration/mining companies. One established and one at the early stages. Fully expect a lot of inflation because I feel the government will have no choice but to keep printing money.

Aside from the usual you could look at antiques or classic cars. However they might go up as they are carried by the increase in value of assets or down as people have less disposable income.

bit coin is a speculation in my opinion rather than an invesment.

There is no intrinsic value and people are trading bits of code as if they are worth something. It is far too volatile for it to get taken up as a valid currency and governments will want to avoid this at all costs. The whole market is completely irrational and I think eventually it will come crashing down.