2CentView’s mission simple.
It is to help you create a diversified portfolio of great companies which will ensure you have a comfortable retirement, by identifying what to buy, when to buy, when to take profits or cut losses.
Investing in the stock market should be part of an overall portfolio of investments, which should include property and if you are employed a company pension.
The 3 most important things in buying a property: location, location, location.
The 3 most important things in investing and planning your retirement: diversification, diversification, diversification!
A must read book is ‘One up on Wall Street’ by Peter Lynch, a highly successful professional investor, where in the Introduction he says the first rule is to ‘Stop listening to Professional Investors’! So consider yourself as someone who could manage a portfolio of stocks!
The easy – but very important part – is spotting trends we see everyday – how many people actually buy newspapers every day; how many of your friends shop on line instead of going to the high street; when i bought $SGP (SuperDry) I asked my wife whether she liked their clothes – she did – then i counted how many people wore a SuperDry jacket in my train carriage every day for a week – then i bought the stock – at the right price – not 15 pounds which was the expensive high but 3 pounds when the FV was 5 pounds. Knowing when and what price to buy something is where 2CentView aims to help! (Please see note in italics below).
To create a diversified portfolio of great companies which you plan to hold for the long term, it is important to make the first purchase when the stock is cheap or fairly valued.
When you overpay on your first purchase, you will most likely lose money, cut your losses and never buy that stock again – and If you want to win it, you have to be in it !
The 2CentView method is to buy great or good companies at the right price, look for 25% to 100% potential gains over a 6 to 18 month horizon, take some profits and let your profits ride for long term. When you have the house’s money (i.e profits not your original stake) in a position, your mindset changes on how you manage that position.
in the United States, 50% of individuals manage their retirement fund (401k), by buying stocks. In Europe and the rest of the world it is a much lower percentage.
In the UK, it is advisable to set up a SIPP (Self Invested Personal Plan) to manage your portfolio. As well as the tax advantages, the SIPP ensures you invest for the long term where the real gains will come. Great Companies like Google, PriceLine, Apple, NetFlix, Monster Beverages, Thomas Cook, Next, Reckit Benckiser, Sport Direct, Regeneron, Samsung, SAP, … have produced returns of 100% to 1000%!! over the long term.
The Investing Strategies page outlines how you achieve do this in more detail.
2CentView is not regulated. The information in this website is not intended as investment advice. Your capital is at risk when you invest in shares – you can lose some or all of your money, so never risk more than you can afford to lose. Past performance is not a reliable indicator of future results. Always seek personal advice if you are unsure about the suitability of any investment.
Copyright 2CentView.com November 2013