Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I’m writing this article mainly for people who haven’t invested in shares yet, or those who haven’t put much of their wealth into equities. This year has been quite a buying spree for me... as of now over two thirds of my total worth is in shares, and around 75% of my quickly accessible wealth.
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Comments
wildrides
Warning ………. the value of shares can go up as well as down . You my get back less capital than you originally invested .
We are near the top of the market and Mark then decides he will chuck 75% of his liquid assets into shares . Mark …. ladies and gentlemen …… is what is known as a contrarian investor . Please exercise caution and enter the market over a suitably lengthy period to at least average your entry prices .
Michael
I think you are on the wrong website Mark, if you haven’t noticed already, the UK stockmarket has been going sideways since January. Better to sell your stocks and open shorts instead.
Shaun
Sorry to be the one to point put……compound interest means it would take slightly less that 12 yrs to earn the equivalent 6% increase :-p
Mark
Mr howitt, this post is really amateurish, suggesting making money is so easy, it is not a given, not right now, and not with the shares uv suggested, mathematics ain’t your best point as others have just said, (search compound interest), very poor post , if only life was so easy…
King Bob
This is a terrible article, your argument is badly put across and doesn’t take into account fees, compound interest and the fact share prices can go down!
Mark Howitt
Quite a few comments here so going to blast out a quick reply…
This post was written as a simple and direct way to get people interested in investing in shares. So many people could do better in the long run investing in shares than having money in a bank account… especially if that bank account is earning 0% INTEREST… so for those people they’re getting NO RETURN AT ALL on that money and they would NEVER earn.
And nope I haven’t ‘thrown 75% of my total wealth in at the top of the market’. I’ve been investing in shares since 2005 and now I’m at a stage where 75% is in. I’m investing in INDIVIDUAL shares and have made some decent gains so far this year… but the really big gains will be in the long term future as these shares continue to go up.
Hopefully this article will interest people to check out my other articles on this subject to gain a more detailed understanding- yet I deliberately wrote this as a simple and direct post.
I am a person who’s not afraid to hide behind a username and like to write for different audiences- always directly speaking my mind. I guess that’s why I have a worldwide selling novel and users from all around the world coming to visit my website every day.