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Pritchard last won the day on July 31 2018

Pritchard had the most liked content!

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  2. well keep reading. you have some gaps to fill, but you dont yet know you have them
  3. ''You dont make money buying or selling, You make money while you wait'', a quote that i like alot. i believe it came from Charlier Munger originally. But it can be taken in several ways. Most people understand that to mean 'dont buy a stock until its 'on sale' '. Others may think it means buy at any point, but hold onto it. the 'waiting' part its its growth / appreciation over time. Myself, i now understand it to mean something like this: buy when you are ready, not when the market is ready'. The waiting part is your research (in your case, reading about this strategy). Its learning and understanding the intricacy of a particular film, and knowing their books, corporate goal, and the wider market. Whether or not its 'cheap' or not comes in as a final decision. for me at least anyway. There are many books and strategies available. ive read some good ones, and some i think are complete kak. but, you must keep reading and learning. the best strategy will always be your own (because you have learnt and understood it!) not one mimicked from another.
  4. follow from above, i decided it good time for me to actually check my asset allocation to see if i was accurate. Appears i am nearer 12% gold, with higher weight to Bonds as a result. also, as for platform. i am looking for a new one myself, as i am not covered by FCA any longer. But HL (hargeaves Lansdown) do quite a good good at analysis. some examples of how you can check your portfolio for those who are interested.
  5. Every strategy has its pros and cons. I see where you are going with this. However without wanted to get myself too involved ill just say a couple of things to maybe get your brain thinkng about angle angle of attack . Nothing i say below is right or wrong or supposed to be an answer. its just things to consider. 25% equities 25% government bonds 25% cash/short-term treasuries 25% gold ^ This is your distribution suggestion. I would immediately question why you believe gold is just weighted the same as say, equities. Do you feel gold hold the same level of risk? I could lose everything in a day (potentially) with equities. do i still have the same potential chance to lose everything with gold? Risk correlates with reward/loss. the Equities. if you apply 25% here, equities is such a large area, hw would you split this into sub funds? is AIM a better growth than Emerging Markets? FTSE less volitile than S&P? We cant predict the future, but the risk must be identified and quantified. Me personally, for my level of investment and risk, if i comply with your 4 splits i currently have something like this: 55% equities 25% government bonds (*Corp Bonds) 0% cash/short-term treasuries 20% gold In my opinion, i am currently overweight on bonds and gold, however i am trying to hedge against Brexit, China and Trump a little. otherwise i would be almost all equity. for me, this is because i have little fear or need of my investment pot. if it drops, i can ride it out. Also cash. This is 0 for me on purpose. This is because i already have a watchlist of specific stocks i wish to buy, and i watch and wait for them to be attractive to me OR i buy preecding an ex-Div date. I have 0 cash because i invest everymonth. So, it doesnt make sense to me to hold cash for a 'smash and grab' bargin. that is emotional (bad!). (unless you mean to hold cash to prevent selling investments if you need cash in personal life. in which case, i personally hold enough cash to cover all my bills for 3 months. but i dont count this as part of a portfolio ,and it is also a fixed amount and not a %age. ) Keep discussing. always good to see other views.
  6. Pritchard

    First oz

    Be careful, you might start a long debate ive used Hatton. i work near them, easy and straightforward, no postal concerns as i can walk in.
  7. I read your opening post, didnt read the next few pages. : _ ) we all have our own ideas on how things work. I am a similar age to yourself, and similar situation. to cover my mindset in an absolute nutshell - morgage rates are so low, that even cash savings accounts have a higher rate of interest - i ran some calculators comparing overpaying vs 'saving' in an average rate of return in a stock tracker, and realised that for similar invested, an investment would pay the morgage for me. - as such, i now have a couple of passive income streams that pay for my mortgage, so when my is due its 2 yearly renewals, i take out a small amount to cover home improvements. - my investment in gold and silver was a diversification again negative stok (and ultimately, house price!) movements. q - due to house price increases, my next re-morg will probably be used to get a buy to let (i am aware of tax rules). i guess the best thing you can do is get some ideas, and then run some math. thats what i have done, and whether i am riight or wrong in my choices, at least i can say i have gone in eyes open and i understand my why and why nots. My little post here is masively thin, so someone will read and find more holes than substance. but thats fine. brainstorm.
  8. * £5 Soverign @ Hatton Garden * Just seen this, if it interests anyone. I assume (assume!) that this might be a proof coin that someone has opened and traded in? Either way, i imagine these dont appears at the trade desk too often https://www.hattongardenmetals.com/buy/gold-sovereign-five-pound-coin
  9. well, actually..... Thats your checkmate. How many coins do they make per day for Proof, (this are hand finished, this takes hours per coin). How many per hour for Bullion.(they can strike 250 an hour!!) Work that out on an hourly rate. now you know where the premium comes from. xx
  10. @shortstack68 did you write the article for money week? lol. i thouhg tit was clear the discussion wasnt about the gold content. Its like comparing a Golf with a Golf GTI. Both have the same badge, sterring wheel and has 4 wheels. a golf is a golf. but you pay extra for the extra time spent developing that engine and the fancy aero kit
  11. i think the problem, unless i am being daft, is that the article is comparing the cost of bullion, vs the cost of a Proof coin. and not understanding why the price is so different. which as the @Shinus73 said above, in few words - its a bad article.
  12. hhahahahahahaha oh thats great, one of the comments i will quote ''how much does it cost to bury gold in the back of your garden'', which he ranted on after talking about storing it safely. last i checked, digging only cost dirt.
  13. Pritchard


    Private market (forum sellers) would noramlly be cheaper than the shps too. the shops often charge a few % over spot, and then also 20% on top for VAT.
  14. SOLD. payment received, will leave feedback for the nee member Many thanks all for a lovely trouble free selling experience.