I have been spending too much time looking at the stock market and this is not good for my forex activities. More attention to the charts is required.
And so I have re-positioned my portfolio using the Warren Buffet method, which I have been using for at least a couple of years now. For the ignoratii, Warren Buffet uses mostly value investing and 'time in the market' to make money. To follow time in the market means that one must be comfortable with the stocks that have been bought, and then just leave them to do their thing with occasional monitoring. It unfortunately also means that considerable research is necessary to arrive at the position of identifying under valued stocks, understanding why they are under valued, and having a view of the prospects or economic conditions that will cause those stocks to gain value.
My portfolio will require review when the economies of Europe and the UK start to improve, when those economies emerge from this moribund state of stagnation. Speaking generally of course, there are parts which are doing Ok, and when the economic changes occur some re-positioning may be necessary as new value candidates emerge. My current 6-year plan extends to the end of 2017. It is on track to deliver promisingly but there can be upsets from the economy, and from the 'unknowns' that exist in the dark corners of company accounts - just look at the banks for example!
I have 15 years experience with the stock market. For any who are aware of my favour of the house building sector I have this to say on the subject: recent UK policy inducements seem to be working and this will benefit the labour force and associated companies; further, there are two companies (at least) issuing trading statements within the next 3 weeks, and results to follow a few weeks after. The trading statements will move the market more than the subsequent results, so if you believe there is upside news to come then be 'in' before the trading statements. Caveat: there always has to be one, stock prices have run up between 130% and 160% in the last 12 months; a retracement is entirely possible and will depend upon the level of positive surprise in the statements - as always.
And so I have re-positioned my portfolio using the Warren Buffet method, which I have been using for at least a couple of years now. For the ignoratii, Warren Buffet uses mostly value investing and 'time in the market' to make money. To follow time in the market means that one must be comfortable with the stocks that have been bought, and then just leave them to do their thing with occasional monitoring. It unfortunately also means that considerable research is necessary to arrive at the position of identifying under valued stocks, understanding why they are under valued, and having a view of the prospects or economic conditions that will cause those stocks to gain value.
My portfolio will require review when the economies of Europe and the UK start to improve, when those economies emerge from this moribund state of stagnation. Speaking generally of course, there are parts which are doing Ok, and when the economic changes occur some re-positioning may be necessary as new value candidates emerge. My current 6-year plan extends to the end of 2017. It is on track to deliver promisingly but there can be upsets from the economy, and from the 'unknowns' that exist in the dark corners of company accounts - just look at the banks for example!
I have 15 years experience with the stock market. For any who are aware of my favour of the house building sector I have this to say on the subject: recent UK policy inducements seem to be working and this will benefit the labour force and associated companies; further, there are two companies (at least) issuing trading statements within the next 3 weeks, and results to follow a few weeks after. The trading statements will move the market more than the subsequent results, so if you believe there is upside news to come then be 'in' before the trading statements. Caveat: there always has to be one, stock prices have run up between 130% and 160% in the last 12 months; a retracement is entirely possible and will depend upon the level of positive surprise in the statements - as always.
Carbon-Dioxide: the gas of life!