sub 100k SIPP, CFD's, Shares, Funds

I was wondering if anyone can help me

I am new to trading / investment.

I have a SIPP fund value sub 100k sterling which is currently in cash for which I have an aim to build to a size where I can buy a commercial freehold in the medium term.

I want to invest for capital gains without enormous amounts of aggrevation, perhaps a couple of hours a month i.e. relatively low volume of trades.

I am currently looking at direct ownership of blue chip stocks with investment decisions based on public sources of information i.e. magazine etc as oppossed to CFD's funds or an advisory service.

Would anybody suggest I do anything differently or be able to recommend any good information source to subscribe to for regular tips etc.

Thanks in advance

M

My advice would be take any tips in magazines and on websites with a pinch of salt. I use Investors Chronicle and Shares Magazine for UK Ideas and Barrons, Marketwatch.com and Thestreet.com for U.S. stock ideas. However, do your own research after you've spotted something that interests you since a lot of the magazines have a pretty poor record.

Use sites like advfn.com and digitallook.com which have good news feeds and financial info before you buy in.

Also don'y throw in your money all into the market right now. The U.S. market has had a strong run up since mid November with the S&P 500 bouncing back from 750 to over 900. The U.S. market tends to drive the FTSE. Alot of funds are re balancincing their portfolios as they come in 2009.

I like gold, coal stocks e.g. Avocet Mining, Hambledon Mining, Coal of Afica, Cambrian if you are looking for speculative risk. If you are more cautious, look at corporate bonds e.g. Tesco, Walmart, General Electric - all yielding over 5%.

mspringham said:

I was wondering if anyone can help me

I am new to trading / investment.

I have a SIPP fund value sub 100k sterling which is currently in cash for which I have an aim to build to a size where I can buy a commercial freehold in the medium term.

I want to invest for capital gains without enormous amounts of aggrevation, perhaps a couple of hours a month i.e. relatively low volume of trades.

I am currently looking at direct ownership of blue chip stocks with investment decisions based on public sources of information i.e. magazine etc as oppossed to CFD's funds or an advisory service.

Would anybody suggest I do anything differently or be able to recommend any good information source to subscribe to for regular tips etc.

Thanks in advance

M

Click to expand...

Hi

Using magazines and newspapers etc is not the best of ideas - once you see the tips everyone else has and its history. I trade forex for a living but also invest in blue chips via a SIPP. I chose 10 FTSE stocks from different categories and monitor them weekly - doesn't take long although. Found it better choosing a stock i have an interest in, like my bank, my pension provider, my supermarket etc.

SIPPs now give you the opportunity to run short positions using futures, options and CFDs.

If the equity markets for the next 10-20 years is going to be like this, a long and hope stance could f*** your pension pot big time.

So

What would the view be, hold the physical stock for medium to long term - as per Claudia 123 suggests in targeted areas of growth

Or hold cfd in stocks medium to long term, going short / long dependant upon trend. I have however been advised against holding cfd's for any longer than a few months.

What the longest recommended timeframe to hold a CFD for?

Hi,
I would recommend going for high dividend paying shares for SIPP. I have found trading for capital gains alone to be poor strategy.

Good luck!

T