What are your targets on here?



  • @Advinculas-Index said in What are your targets on here?:

    Phase 3 - Tell the missus about FI

    My girlfriend knows I have invested/gambled on here. I give here a once a month update.

    This week it was "I can cashout my FI portfolio today and be £2,300 up, the same money in my ISA would be £36 up".

    Conveniently forgot to mention my deposits for the month!



  • I started 10/2/19 with £50, by April I'd deposited about £1200, and my total deposits now are £3300 with no withdrawals. Port value currently £4850. I will continue to deposit as much as I can justify each month until at least new year or maybe the end of the coming season, or just until I hold all the players I want in the numbers I want. Whatever money that takes, it takes. But once I'm there i will not deposit anymore, although I will no doubt get drawn into a deposit bonus if that happens.

    I will then just reinvest dividends upto a point where I've got enough money in here whereby I would hang myself if it all went pop over night and at that point I will have to think very carefully about what direction I want to go in



  • @MickTurbo said in What are your targets on here?:

    I will then just reinvest dividends upto a point where I've got enough money in here whereby I would hang myself if it all went pop over night and at that point I will have to think very carefully about what direction I want to go in

    Once your hanging surely the only way is down? 😉



  • @Gazz127 Maybe need to reset transaction dates to February?



  • @Wiillaah
    Looking to do something similar...where Porfolio is 4 to 5 times my deposit -> then de-risk and play with house money



  • @Ericali

    When I first looked at this platform a year ago, I immediately believed in both the long and short term potential of the index.

    I tried to sell it to my mates. I failed with most. The few that did take the plunge have made thousands from the platform.

    About a month ago, I reached my target of doubling my initial investment. I then toyed with the idea of walking away. Nothing lasts forever, and my intention was never for this to be a long term gamble.

    I have since re-evaluated my situation and decided that the platform has outperformed my expectations and continues to do so.

    I therefore removed my initial investment and now play with profit only. I have no fear of losing and enjoy both the index and forum immensely.

    My expectations for the future are not grandiose, but if the index can pay for the family holiday each year, I'll be a very happy man.



  • @johnboywalker as you IQ seems rather reasonable 😉 - I have no doubt you will achieve your modest target & probably more. 👍



  • Me and the mrs have been trying to save for a house for about 2 years. We have managed to save around 3k both together last year. I then remembered FI to try at first to try to get some extra cash...

    Then came the realisation that i could use this as a " savings account" ...

    I am shit at saving as i feel it takes too long, but with FI i get enjoyment out of saving i have never had this much cash in a short space of time and its all coming from regular income that i would of spunked on the PS4 or nights out.

    FI has helped me save as im more motorvated to do so. I keep depositing when i have a spare £40 from not buying a take away or £300 for not going to a festival. My balance jeeps increasing regardless of ROI.

    Current ROI = 34% since Jan
    But even if i dropped 30% in a year, i would still be 4% up.. and hopefully have enough £ to buy us a home.



  • @Martyn-B just speaking figuratively 😉

    I agree with @Mundek , your investment is the same ball park as mine and I also believe that with continued investment and making the right decisions I could quite possibly raise my port to a level where it's an amount of money I would never have been likely to see otherwise without FI.

    then I remind myself that if something looks too good to be true it almost certainly is. But at the same time, every man who has ever got rich beyond his dreams must of thought the same thing at some point but pressed on regardless



  • @MickTurbo said in What are your targets on here?:
    "every man who has ever got rich"

    Or woman! Please dont ban me 😂😂



  • @Hold-The-Door

    This is what separates us from the bookies, and what i love most about the index.

    If I lose money on a poor decision here, it goes to a decent hardworking guy like yourself.

    On the football index, our losses do not disappear into a corporate machine like Ladbrokes and Bet365, who let's face it, only ever give us the illusion of a 'fair bet'.

    This is most risk free, enjoyable and rewarding gambling I have done in my life.



  • The big dream you ask, Mason Greenwood fufills his potential to become king of the index and I become a wealthy man. I can then forever
    gloat that I predicted it from his IPO day and rub it in the face of all the people who've whinged about his price 😏 (although most will have jumped on by then).

    Honesty I'd just be happy if the index keeps steadily growing and doesn't somehow go tits up, I'm not thinking too much about target numbers.



  • @Nally I'll make a million before Eric if Pogba and neymar turn it around and Brewster and greenwood make it ☺



  • I'd like to be able to buy a rolex with my divs :)

    No in reality I've dripfed investment in and now have invested as much as I think is sensible and will be investing no more.
    I'd like to make enough money to be beating bar job salary so that I have enough free time to work on making my real career take off.

    Would like to have doubled up again by christmas.

    My only real gripe with index atm is that the markets small enough for people to very easily affect price and that hampers the way I want to trade.



  • @Nally said in What are your targets on here?:

    The big dream you ask, Mason Greenwood fufills his potential to become king of the index and I become a wealthy man. I can then forever
    gloat that I predicted it from his IPO day and rub it in the face of all the people who've whinged about his price 😏 (although most will have jumped on by then).

    Honesty I'd just be happy if the index keeps steadily growing and doesn't somehow go tits up, I'm not thinking too much about target numbers.

    From what I know you're a wealthy man already! 😉



  • Stupid hat fully on..
    People taking out profits = I don't understand
    1.Taking out Dividends
    2.selling futures to release the gains??

    But dosent that leave people with less futures to make money.

    1. Do people sell out everything then re-invest ?

    Sorry in advance if I'm missing the obvious 🤔



  • My target when I joined in Feb was to not lose everything I put in so I spent the first month playing around with £100. Once I figured a few things out, I upped that to £2000 net deposits with the aim of trying to double it in a year and now sit at 42% up. I'm very happy as I seem to be on target for slightly more than that!

    My dream would be to withdraw a decent amount of profit next year to pay for a holiday.



  • @Doug-s said in What are your targets on here?:

    Stupid hat fully on..
    People taking out profits = I don't understand
    1.Taking out Dividends
    2.selling futures to release the gains??

    But dosent that leave people with less futures to make money.

    1. Do people sell out everything then re-invest ?

    Sorry in advance if I'm missing the obvious 🤔

    I'll have a go...

    1. I personally don't - I reinvest them. I don't take out a penny.

    2. There are no profits unless you take them.

    3. Difficult question 🤔 different people do different things. I personally sell then reinvest... But this won't always be the case. I eventually plan to take the cash once I hit certain milestones.



  • driving lessons



  • @MrWh1te said in What are your targets on here?:

    driving lessons

    Probably deserves another thread, but...

    Personal opinion? 🤔

    I bleedin' hated them!


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