My first year on FI....
Been here for just over a year now with a £1k investment making around a 89% return.
Most of my profit has came through cap app with around £75 in divs returned. My best buys were Madison at 2.29, Sancho and Maguire before things got crazy.
I’ve made countless mistakes though, buying and selling Chilwell, Alejandro Gomez, Grealish, Ricardo P way before I should have...they went on to double and more.
Portfolio has changed now to a selection of more established players.
TAA - purchased too high
My big hope for the next 12 months is Havertz. He looks destined for a big move and is still reasonably priced.
I’ve learnt I can make impulsive decisions that cost me. It is nearly always a poor decision to buy a player on a spike for IPD purposes.
When buying a player I must remember to ask myself why. They either need to be an established PB or have a reason as to why they could grow further.
In terms of the format I’m surprised FI has still fails to allow basics on the app such as cancelling a market sale. IPOs remain a mystery to me too, have never got involved.
Overall a successful year and I’m looking forward to seeing how it will grow further.
Ericali last edited by
Well done - you need to be wary of purchasing too high. 👍
As you admit, you can get badly burnt on it. When people have BIG rises (Kroos, TAA) they are likely to have a drop off that follows.
If you buy at the end of the rise - you could be left looking at the red for a while.
Alli & Grealish I personally would be wary of too. Not because they are bad players - but because of the rapid percentage rise of the increase.
It's boom & bust mentality - and many can get caught in the crossfire.
@Archer22 hi, welldone on your roi
Just a quick point, you can cancel a market listing. If you go into your portfolio and swipe the player left then it gives you the option to cancel the listing
I'm more aless one year in 57pc profit take that. Likewise few players regret selling, don't feel this season Kroos/TAA over priced not with euro 2020 as well as European knockout football on the horizon.
Weirdly I was going to post a thread this week to celebrate my first year on FI... so I'll hijack yours if that's OK.
I think we have a similar story - I've invested a total of £5000, and on the face of it I have 87% ROI (including cap app, dividends, and bonuses). However, the caveat is that I started with £1000, put £3000 more in February time, and then a final £1000 in June - so my ROI is actually well over 100%.
My trading style is passive, with a view to the long term. I have 120 players, covering a range of opportunities - MB, PB, establish stars, promising youngsters, and complete cheap punts.
I should note that I have £381 in dividends in that time, so just over £1 a day average, and I don't reinvest them, so that also reduces my maximum potential ROI slightly.
It's been a fun year for sure.