Long term readers may recall my fascination with randomness and investing.
One of the first ‘investing’ books I read was Burton G Makiel’s ‘A Random Walk Down Wall Street’.
You know, the one where he mentions that a bunch of blind-folded monkeys could do better than expert stockpickers. This fascination and curiosity led me to running my own Monkey Stocks League, where I had my own randomly picked portfolio.
Time has meant that I no longer run the league but I now find myself in another position to have a part of my portfolio which is made up of random stocks.
Enter Freetrade
For those interested, here’s my review of Freetrade.
As a result of Freetrade’s referral scheme and thanks to interested souls clicking on my links, I now have a tidy little portfolio of random shares.
Basically, every time someone I refer signs up, we both get a free share. Here’s a screenshot of some of the freebies I’ve received:
I’ve yet to be awarded a high value share – some people have received Tesla shares, worth around £190!!
Here’s my entire portfolio so far:
I’m not sure what I’m going to do with these – maybe hang on to some of them, maybe sell some of them.
If I sell some, perhaps I’ll use the funds to buy more of the ones I’m keeping…
Anyone interested in a great investing app plus a free share, and (edit – since 28th Feb 2020) able to buy and sell for free, whilst helping me grow my random portfolio, please download the app via my link*
I currently have a ‘mystery’ share queueing, courtesy of Tony from One Million Journey – thanks for using the link, Tony and fingers crossed we get good shares! 🙂
FIRE Meet Up Reminder
Just a reminder of the Manchester FIRE meet up next Friday, 27th Sept.
It’s taking place in the ‘Well Area’ of the Rain Bar, 80 Great Bridgewater Street, Manchester, M1 5JG.
6pm – late
Hopefully see a few of you there for a few beers and some pub grub (you don’t want to see me drinking on an emtpy stomach!).
[*referral link]
I love your random collection of shares – such a mish mash in a cool way!
Have fun at the Manchester meetup!
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I am just starting on my F.I.R.E journey.
How do you decide how you save and invest?
Hi Mary
Currently, aside from recently starting investing in ‘greener’ investments, I’m mostly just topping up existing investments.
Most of these are passive global tracker investments (ETFs), so that my money is diversified and spread out across lots of different companies, sectors and countries.
If you are an investing novice, I would recommend that you start with the following:
https://monevator.com/using-vanguard-lifestrategy-funds-life/
https://monevator.com/category/investing/passive-investing-investing/
Good luck with your FIRE journey!
Hey Weenie,
Great to see your random mini portfolio! My free share was MSCI World which is currently £5.72. Sadly I haven’t found anyone yet who’s been interested in getting a free share through me…so just the one so far. It’s still cool though.
Your current value of £80 across your mini portfolio for free is not to be sniffed at. A nice bonus for an app you were already planning to use.
Corinna
Hi Corinna
I know, I’m well pleased with the random portfolio. Still not sure what to do with the shares though, ie keep or sell!