getting into the stock market...

[andym]

Anyone managed to make millions on the stock market?

Since I've been awarded full ESA and DLA for the next 9 months I've thought about the stock markets... well not really... I've thought about trying to make a few quid.... probably better to start selling replacement environment to the government at a premium... but I'd be interested in making a few quid from near bankrupt companies.

I haven't got a clue about shares etc, don't have a bloody clue about stocks in up and coming companies that might go bust wasting my £170 a week (OK so I'm no Nick Leeson), I have the general principle in place.... check the markets.... see what's dropping in price... wait until I think it might start picking up and buy shitloads.... if I'm right I'm in the money... if I'm wrong I commit suicide.

That's how the stock markets work... right?

[.....]

I'm thinking about opening a practice and becoming a GP. I know the basics right - people come in, I diagnose and make them better?

How hard can it be? Although I know absolutely nothing about a complex subject, I just want to make loads of money out of thin air for absolutely sod all work. There's loads of doctors everywhere so it must be easy, right?

[colin1]

If you want to play, make a fantasy share portfolio.

Shares is for if you have a lump of money to leave in there, if you are wanting to move a few hundred in and out often, you will lose any profits on trading fees.

I made a small fortune from shares, I did it the easy way, I started with a large fortune.

The blatantly obvious stupid mistake I made was don't have all your eggs in one basket.

If I were to think about investing again, I'd go for a tracker fund with low charges. Most clever fund managers and stock brokers do not beat the market, and they take a cut. With a tracker fund, annual charges are lower.

The other thing I would consider is a fund from a reputable company that invests in the far east as I think growth will be stronger there than in the UK, but I think charges will be greater than a tracker, and more risks.

I think saving and then spending on stuff you actually need is a better plan though in current financial climate. Invest in yourself.
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colin1 is officially faster than god

[The Shaggy D.A.]

[colin1]

Yeah I've met a few GPs who are lacking some of the basics in terms of general understanding, even if they did somehow manage to pass their exams.
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colin1 is officially faster than god

[lihp]

£170 per week will likely only get you a couple of pound profit, for the profits available on £170 per week, you'll be better just not bothering