Football Index for the rich to get richer?
I think most things you could argue help the rich get richer as a larger initial investment generally yields a higher return. Interest rates with banks work the same. I'll let you know my experience though....
I keep a tracker of what I've put in and who I've bought and sold etc. I started off with just £100 invested in November 2018 because that was all I could afford on the Xmas run up. I made some poor initial investments that took a long time to turn a profit but eventually they did.
My strategy is to try and get a minimum of 20% profit on each player I buy into and I've never had to sell a player at a loss so far.
Fast forward and I've invested around £1800 total (without checking my spreadsheet) and my portfolio value is now significantly higher than that figure.
It's probably only in the last 6 months where I've really got the hang of it and started turning decent profits. The first few months especially were pretty slow for me.
I'd say stick with it, it does take time, if you imagine it like a stocks and shares thing then immediate huge profits are very rare, it's generally about the long game. I think as a platform you need to give it 6 months to really see what it's doing for you.
Coriolanus last edited by
the rich get richer can be true of any investment, bet, market
the phrase is only meaningful when accompanied by 'and the poor get poorer' … and that certainly isn't true of FI
as others say - you can buy who you like and make the same %. It's not a scheme where you get greater benefits by buying memberships etc
Journey last edited by
Most of the people who have thousands of Pogbas bought him when he was really cheap and in that time they've had to go through massive ups and downs which probably isn't a nice feeling whet they've got thousands at stake.
It takes balls for them to hold through rape allegations and transfer speculation which could potentially halve their price.
What you need to do is try and find the next Pogba so in 1 to 2 years time you can sit there with loads of them and reap in the benefits
About 18 months ago the website disappeared for about 30 minutes that was a squeaky bum time scenario and people stuck through moments like these.
When PB was announced everybody just thought all shares would be be penny stocks and the market would crash. People left, withdrew money or stayed and invested more, the guys with big balls just put more money in on dips and fair play to them.
Don't look at it with pound signs £££££ as the best way in my eyes is to think in percentages %%%% because someone might invest £10,000 and return profit of £1000, then theirs me maybe you and a lot of people investing £100 & returning £10 yes we all would prefer to return the 1000 but we both only won 10% each so £10 to reinvest and work towards the £1000 with %%%%% not £££££££ ?????
MickTurbo last edited by MickTurbo
@Journey that was gonna be my point. Even in the 5 n a half months ive been on here I've seen times when its took a lit of bottle to have big money in pogba. I've only been on him about 9 days and I even reckon that took a little bit of bottle with all the uncertainty.
Like everyone else has said, it's all about ROI. Im not minted, I've put about £3.5k in since Feb and made about £1600 profit. That's worth while to me but it's all relative. Somebody like that EJ probably has that down the back of the settee so for it to be worthwhile to him he probably needs to make at least 10 times that just to keep him interested, it's what u make of it, like everything else in life
New players emerge all the time, value emerges all the time. Whoever researches well and invests in them makes the same percentage , whether it’s £10 or 10k
Munchie63 last edited by
They'll still make pennies per share on Pogba, same as you can make buying the right MB players.
There are some bargains to be had lower down the player list.
I can quote players that I've bought for under 40p that are above 60p.....ok not £7 each...but a 50% profit is the same whether its Pogba or a full-back in Spain.
stick to your limits investment wise, research, find a bargain and before Xmas you'll be thinking 'who needs Pogba'
Coriolanus last edited by
its also wrong to equate 'research' with skill. The only skill you need is to be able to read the market... you can find the most undervalued player by a load of metrics, but it matters not a jot if the rest of the market isn't interested.
I've been TRADING on FI since early june. I have traded a couple of player's to profit from the market whilst building my port and showing monthly net growth of 16.16% !!!!!! LOOKING FORWARD TO 19/20 SEASON ??????? The Anticipation, The Excitement But Most Of ALL Lets Trade, Hold & EARN Some DIVIDENDS!!!!!
The more you put in the more you get out, Rich people definitely have the funds to make serious money but you’ve still got to pick the right players and do your research, I agree with some of your post but there’s still skill and knowledge involved
@Gregolocky I’ve got a 17k port(ok, not big) and my app wouldn’t stop loading, freezing and kicking me out!
Dan w last edited by
How much have you deposited? There is decent opportunities for everyone on here!
My Port is only £500 but if I can turn that into £1000 to £1500 by the end of season then i'll be happy??? hopefully this time next year we are all millionaires finger's crossed while I dream
Gregolocky last edited by
@Timothee-Atouba I know the feeling mate, had laptop out on WiFi and iPhone on 4g and still was miles behind some traders and bots
The rich (e.g those who invest the most) will get richer because, we’ll, they’ve invested more heavily, so IPD’s and divs from PB and MB will be higher.
As a smaller investor, there’s definitely other ways to become profitable. I’m a smaller investor myself and I’ve concentrated at the bottom end of the market, specifically players under 60p and with a small spread and rises I’ve encountered have been quite significant. As a follower of Köln in Germany, I got on Jorge Mere at 33p, he’s now 48p, so a profit of 15p per share, for example.
SambaStar last edited by
Trading is a capitalist tool in a capitalist market. For sure, the more cash you have access to, the more you will make.
Stop moaning about the rich, they are the ones that ultimately push prices up quicker as they buy in big chunks
Agree - it’s all about percentages.
It’s like saying I won’t invest in the stock market as I’m putting less than than the big boys.
Silly topic but u had to reply :-)
Doug s last edited by
I'm 50/50 with you on that...
50 I'm with you.
Today I didn't buy but watched a friend in frantic frenzy try to buy new shares in players...blatantly cheating buggers with Bots got thousands of cheap futures and a sold them for a 100% profit earlier , the prices flew up in seconds....
50 I'm with others
Not sure if you know about the share split.
So when people had pogba, Neymar etc @£15 each they split it down to 3 futures of £5 each so new people could buy into them, thus giving people on the platform more shares but cheaper holds etc so 30 shares turned into 90!!
So they reap the dividend awards but initial investment steep.
If only I started this earlier but I'm only 2 months also in, hold who you believe in and I'm gonna try and flip IPD 's for dividends..
🤡I'm a £1000 In which is a lot of money to me, (Mrs and kids don't need to know) but if I can double it whilst knowing I can pull out when needed everyone is a winner...cheaper than losing a football bet at bookies..
🤠 enjoy the ride Cowboy!!!
HLD178 last edited by
I can’t say anything anyone else hasn’t already said. I’m sorry, but it almost sounds like jealousy.
Get on with it or leave.