A beginner's possible portfolio

MS+Tradesim said:

Consistently? No. But it's possible to get enough right to offer very tradeable opportunities.

If someone tries to sell a system that does it, I'd be very skeptical, but I have no doubt there are smarter people than me using more accurate systems than mine and keeping the details very private.

Click to expand...

if they are yr real trades MS i like the way u operate

once again - all of these replies have been informative - even confusing - but its good to feel the passion you all have- I am not paying any commission for the FP but have dealt with them over a few years and they have done well for me in the past including letting me know to get out of the market last year in January- so a year on I wanted to go the next step and invest in shares personally- The FP gets their recomendations from brokers and clients and I do trust them however after reading the thread - I now do not think they are the best qualified. So I will use their advice and also do some research in terms of financials and read news articles- Charts will I will try and get the hang of them next but there are so many !

sofman2000 said:

I am not paying any commission for the FP but have dealt with them over a few years and they have done well for me in the past including letting me know to get out of the market last year in January- so a year on I wanted to go the next step and invest in shares personally- The FP gets their recomendations from brokers and clients and I do trust them however after reading the thread - I now do not think they are the best qualified. So I will use their advice and also do some research in terms of financials and read news articles- Charts will I will try and get the hang of them next but there are so many !

Click to expand...

Then they are more than worth hanging onto IMO.

Obviously better advice than 99% of FP's out there.

sofman2000 said:

once again - all of these replies have been informative - even confusing....

The FP gets their recomendations from brokers and clients and I do trust them however after reading the thread - I now do not think they are the best qualified.

Click to expand...

sofman: I understand the first part! If you wish to buy shares direct then you may be best dealing direct with a broker if you want recommendations. If your investment capital is large enough then you should get reasonable service. I don't use one so can't comment on how to select a "good" one.

There is still a lot of hidden surprises out there so I am not in a rush to buy back in - expecially with my limited experience/knowledge. And this is what is holding me back. I believe there are some stocks which will be good but that will be in a few months - which suits my personality Good luck in sortig out the wheat from the chaff in all this.