Anyway, good luck everyone, got to get up a bit earlier to get to the food bank to feed the kids tomorrow.
Long Haul Col
@Long Haul Col
Best posts made by Long Haul Col
RE: So who’s happy with FI still
As a former Banker IMO the FI format is genius.
I understand that the high prices pre share split may put off new investors, but footballers at the absolute highest level only have a certain shelf life (Messi and Ronaldo excluded but its unlikely that we will see again, two of the greatest players ever, playing at the same time).
That means that the next Pogba is only around the corner and if you invest in that player early enough then the returns are exceptional.
So what I am trying to say is that this format due to turnover in the best footballers around at any current time means that it will be constantly refreshed due to the influx of the next big thing (CHO)and has an opportunity to become a huge player in the investment market as to my knowledge there is nothing around to compete at the moment.
The best way to succeed in any form of investment is to BUY LOW and SELL HIGH.
Not rocket science I know, but due to the unique nature of trading in footballers that have a short shelf life at the highest level the rewards should and will IMHO continue to exceed any other form of investment as long as you have done your research, know the market and invest wisely in a diverse porfollio (sorry banking background).
Anyone who disagrees should try to make serious money in the stockmarket, buying stocks that you have little/no knowledge of.
Anyway, good luck to all as I will be here for the long haul.
RE: Reality Check
Cheap players - this is the real bonkers part of the index - between everybody I read about on the forum you must hold at least over 400 cheap players sub £1.00 saying they will double. However over the last 18 months I am guessing these players or similar account for less than 5% of all PB wins never mind MB wins. However currently they make money as others also buy them but this can only end in tears when finally everyone realises for the purpose of the index they are dog shit!
Totally understand your opinion but cant disagree more.
Some of these cheap players will go on and become established stars so to state in your words they are "dog shit" is mis-understanding how the index works.
For most traders finding a hidden gem as a youngster is where a serious profit can be made in a short space of time.
Agreed, very few of these kids will make the big time but with proper research, football knowledge and a bit of luck some will, and to avoid these players is naive at best.
I do agree that the established stars at the top of the index (top 50) who are earning regular dividends will be the backbone of the index going forward but all of these players only have a certain shelf life and will be replaced by the rising stars who are currently a lot cheaper than the established stars.
This is the absolute genius of the index, because a footballers shelf life at the absolute highest level is limited (Messi and Ronaldo withstanding) it will be constantly evolving and investors that stand still and ignore new talent will miss out of the huge potential ROI of the new superstars that will burst onto the scene.
If you look at early screenshots of portfolios when FI started the likes of Rooney and Ibrahimovich were right at the top of the index and where are they now. These are the "dog shit" players that investors need to be wary of, older players past their prime hanging in there at the top of the index.
RE: Please read and keep this in mind...
Not sure about the relevance of the article, it's clear that the author has not spoken to or researched how the FI investors have built up their portfolios and the levels of profit that are available.
What has always concerned me with FI, is that we are not able to see how the company that runs the index (betindex) is performing by seeing audited financial accounts and what the current value of futures in issue is and the cash in the bank that FI currently hold.
If everyone decided to sell their shares then we would definitely have an issue (not that that will happen) but I would be interested in getting some proper financial accounts for betindex.
I appreciate that if investors decide to sell on mass the the prices of the players would head south rapidly until some investors were left with a worthless portfolio.
To see the financials would really add confidence to the market IMO but it will never happen which is why I have not invested as much as I would like to.
RE: Pogba, Hold or sell
Sorry for starting this thread but its been great reading everyones thoughts on the CURRENT FI media king.
I am relatively new to this and asked the question as I feel he is too expensive for any significant capital appreciation.
I accept all of your comments in respect of MB but as I only hold a few shares in Pogba, I am not willing to invest heavily in a player with restricted capital appreciation.
I hold 60+ players and two thirds of them have increased in value more in percentage terms than when I purchased Pogba (at the SS) so for that reason and for my strategy Im OUT of the Pogba express train.
Good luck to all of you who are invested and I suspect that is most on this thread judging by the comments but IMO my cash will be spent on cheaper players with less risk of heavy depreciation and potential for growth.
RE: The index is changing ... have you?
Totally understand your point of view and you may well be proved right on all of your well reasoned points and views on the direction of the index.
I certainly agree with your assessment on MB and the lack of transparency on why articles are included/excluded. For this reason I do not consider MB in any of my purchase decisions and see it as a happy bonus when one of my players earns a dividend. To chase MB means you are buying overpriced players in the hope that the media will write articles that readers want to read. Not really why I joined the index and will continue to ignore for the time being.
The reason that I joined is that I feel more in control of my investment due to my knowledge of football and I enjoy the research and my wife now allows me to watch more football than ever "to protect my investment" -win-win.
I also feel that there is plenty of scope for profitability and the current dips are only part of any investment cycle as it would be unrealistic to assume that the market would continue to grow indefinitely without some bumps along the way.
I only joined in March hoping for an annual return of 20%+ and have smashed that already. But you are right to state that investors should only invest what they can afford to lose.
There are some issues that could be improved but overall I am more than happy, and cant think of a more enjoyable way to gamble.
Due to the absolute unique nature of the index I also feel that there is an untapped market out there that will continue to see new money coming in to keep the prices moving, and if FI can overcome legislative and legal issues then they could open up to many more countries that are also football mad which could move things on again.
Finally, the ease of making profits that investors have enjoyed seems to have disappeared but that to me makes it more interesting, using your football knowledge against others still gives me a buzz when you get it right and that will never change on here.
RE: Tough week...
Been a rough couple of weeks for me but this is a gambling platform based on a football stock market. Great article from Mr Matt about the reality of this platform and the truth behind any index linked investment or trading on real markets.
It's been growth all the way since I joined and I suspect we may see another week or two of falls/stagnation whilst the all the investors who invested only to see positive growth remove their funds at the first sign of a dip.
It's actually a great time to reinvest new money to buy as the market flatlines before then moving back in a positive direction.
Its just having the timing, and nerve to reinvest to maximise profits but I am sure this is only a correction in the market after some massive gains which are unsustainable.
Good luck to all and I hope that you can hold your nerve as I suspect, like many investors before, if you do fold, you will regret selling when you see the value of your futures in 6-12 months.
RE: The Art of pumping 🤦🏼♂️
@Pagey74 Can't agree more. If anyone buys players on here because he's been pumped without doing research are in for a harsh lesson.
I must admit I use the pumps on here ,especially now during the close season when you cant see the footballers on live TV games and have bought a number of players but only after careful research.
Long live the art of pumping if its done properly.
Also agree with Valhalla tho, lots of idiots pumping worthless donkeys not fit to lace my Nan's boots
RE: Gambling Problem
Wow, unbelievable honesty on this thread.
I have always enjoyed a bet, always on football, as its what I know most about.
I have always put an amount of money on an account at the start of the season and tried to build that up over the course of the season then at the end of the season w/d the balance and enjoy the profits (hopefully). If my account ever ran out of funds I would leave it till the following season and accept the loss. But since I started this about 20 years ago I only ran out of funds a couple of times and was up most seasons. That is only because I would just bet on individual games that I really fancied and almost always at short odds (4/7).
I see Football index as my football betting fix but at low risk (currently) I actually see it more as a bank account with an unbelievable rate of interest.
I know it will get harder to get a return but I think we have at least a season of unbelievable growth before it slows down.
Good luck to all as always and don't forget when the fun stops, STOP
Just a final point, when I own players on this index and they fall into the red, just have a look at the 12 month graph and see what price they were 12 months ago, then sit back and relax as IMO the growth of the index will bail you out 99% of the time.
Latest posts made by Long Haul Col
RE: Is there one player you think is dangerously underpriced?
Son Heung-Min has been on the move tonight due to his brace in the CL.
Never could understand his price but it looks like he is now a regular starter at spurs and will always score goals so should see a good rise if he continues to start games.
Of course I hold but have dipped in and out a couple of times already but will be holding till towards the end of the season when the Euros players will fly so will move into a player that will be playing in the summer tournament
RE: Possible value players under 80p.
Had injury trouble in the past which may explain his price but only needs a big game to break £1- and then will continue to climb.
More convinced about this player than any other on the index and I own 81 players atm.
RE: Ricardo pereira
I would not get too hung up on who is the better right back, in FI terms it really does not matter who we think is the stronger player (all 3 full backs mentioned here are all class acts) its about who we think has the most value at the current price.
All three have a chance to rise but IMO Pereira with his PL connection and the fact that he has nailed down the RB position in a good Leicester side should maintain his higher price over Somedo and Cancelo (neither seems to have cemented a starting place).
That said, whoever nails down the RB position for the euros will see a significant rise and if Portugal who have already qualified do well then we could see a huge rise.
I might make sure I am holding all 3 to cover all the bases :)
RE: Good luck to those who shit the bed yesterday!
Lets just take the Dividend review as good news and hope it leads to an increase in payouts.
FI have a history of introducing DB, Dividend increases etc at times when the market seems like its stalling. The latest news has injected a much needed boost to the top end of the market where the bulk of historic and future dividend winners will come from.
This news increases my faith in the product and my helps to confirm my opinion that FI know what they are doing and will act to protect its future.
There will be dips in the road going forward but if FI continue to act to minimise this then that has to be good news for all.
Those that decided to sell up recently did so for the right reasons for their own risk strategy and should not be castigated, as at some stage we will all cash out, when our own personal risk strategy has been deemed to have been exceeded.
Good luck to all and I hope we can have a highly profitable last quarter of the year.
RE: Opportunity Knocks...
@216LAC Great post, in a time of depreciation this is the absolute best time to buy.
In any investment based market, buy low sell high, not rocket science I know but as a former banker I appreciate that the time to buy is when the market is falling and confidence is low.
It amazes me all the investors named on the ticker buying when a player is at the top of a spike when the price can only go one way.
Like you, I will be putting cash in whilst everyone else is selling.
Glad I'm not alone