One thing that perplexes me is the willingness of people to make assumptions and confident statements with no evidence or data to back up the conclusion. Another thing that puzzles me is the person who draws a conclusion and adopts a position on the basis of only one piece of evidence. This is as stupid… Continue reading Drawing lifelong investing conclusions based on one event is dumb
Category: Investing
Investing in shares or property-have you an edge?
I have been investing any surplus cash I have made in the last few years in shares. I had been burned in the property market with the crash of the Celtic Tiger property values back in 2008 or thereabouts. One of the biggest problems with investing in property is its liquidity, or lack of liquidity… Continue reading Investing in shares or property-have you an edge?
What would Warren Buffett do now with $1M to invest?
I watched a video yesterday from a Berkshire Hathaway AGM. Warren Buffett was asked would he do anything different now if he had $1M to invest. Would he take a different approach? He, as a young man, went through thousands and thousands of pages of a directory called “Moodys” which gave details of small companies… Continue reading What would Warren Buffett do now with $1M to invest?
Day trading commodities-experiment
I am running an experiment at the moment, one I intend running for a few weeks. I am day trading commodities on an online trading platform. I have a demo account so I am only trading with “fake money” at the moment. I will see at the end of the experiment how I have fared.… Continue reading Day trading commodities-experiment
2 rules for investing or starting your own business
The 2 most important rules when starting your own business or investing your money are Shrewd investors and entrepreneurs are not concerned with dreams of how much money they might make with the business or investment. Not at first. First, they look around and ask themselves the question, “how can I lose my money here?”… Continue reading 2 rules for investing or starting your own business
Naivety when buying property can lead to a disastrous purchase
Naivety. This is one of the biggest, if not the biggest, things that first time buyers of property need to guard against. You may also fall victim if you are buying in Ireland from abroad. Some of us appear to be born with an inbuilt scepticism and aversion to trusting things as they are claimed… Continue reading Naivety when buying property can lead to a disastrous purchase
Share price drops due to Russia’s invasion of Ukraine-how to respond
The easiest thing to do now, when thinking about my share portfolios, is to panic. But there is no point in taking this course. It is almost certain that the fall in share prices which we see at the moment, on account of the Russian invasion of Ukraine, will only be seen as a correction… Continue reading Share price drops due to Russia’s invasion of Ukraine-how to respond
4 tips for investing in shares
Peter Lynch gives us four sound tips for investing in shares. Understand the company you are going to invest in. If you do not know anything about their products or services or the industry, don’t invest. Lynch reckons we all have a unique advantage when it comes to choosing shares from our daily lives and… Continue reading 4 tips for investing in shares
Picking shares-being right with only 1 in 4 can still see a healthy return
You do not need to pick winning shares all the time. In fact, you may only pick one winner out of four shares, and you may still see a positive return on your investing. The reason for this is simple. The losses on your losing shares are limited to the amount you have invested. For… Continue reading Picking shares-being right with only 1 in 4 can still see a healthy return
Nonsense business reporting should be ignored if you want to invest in shares
I have just listened to some completely irrelevant information on the RTE Business news. The guy that was on the Rising Time radio programme on RTE Radio 1 was going on about how the stock market had yesterday recovered some of the decline of the previous day. Two days ago, he had reported, stock markets… Continue reading Nonsense business reporting should be ignored if you want to invest in shares