I gave a webinar this week (www.alpeshpatel.com/latest) where I answered these, the most popular questions I’ve been asked. I want to share them.
Is This Covid Thing a Good or a Bad Time – What’s the Insider Hedge Funds Saying? (Good for some stocks, really good. A ‘K’ shaped recovery, with most doing poorly. So we have to pick based on criteria which work like Alpha, Croci, Sortino. Don’t know what they are – oh dear).
Why Should I Trust You? [You Shouldn’t – You Should Trust the Independently Verifiable Knowledge I Give You]
Surely Buying Global Stocks is Risky; And I Should Stick To UK Ones? [Assume you simply track the national indices. You will with the same money be poorer in UK stocks alone than global ones. Would you hire staff only by passport alone or by talent pool?].
What Should Be My Investing Goal? How Much Money Do I Need To Retire?
How Quickly Does £10k become £100k and £100k become £1m? [The market before you pick stocks well will deliver half your 20% pa which is what it takes to make a 10x return in 10 years roughly. The other half of the 20% comes from a little know-how. Remember Croci for instance).
Yes, but shouldn’t I just give it to a fund manager? [Either way, you need to be a little financially educated to ask the right questions]
I Don’t Know How To Decide What To Buy – It’s Too Confusing and Time Consuming [So let’s have a quick easy 3 step process using free internet resources that takes an hour a year! That’s all it does need. Not hours of trusting financial journalists – what do they do for a living?]
What Returns are Reasonable? [Well let’s assume we will do nothing more than a good stock selector following some obvious good stocks.]
Shouldn’t I Just Invest in a 2nd Home for rental? [You can have leverage if you really want in ‘safe as houses’ stocks too – tax free]
How Long Do I Hold For? What If The Stock Falls? ; What If The Stock Rises? (12 months, don’t trade. If it falls it should be the kind of company you want to keep, and if it rises, the kind of company you want to…keep)
Yes But, Aren’t They’re ‘Insiders’ Like Goldman Sachs and Rest of Us Who Just Get Screwed? (Yes, so I’ll share their reports they give hedge fund managers like me)
What’s The Quickest Easiest Way To Pick Stocks That the Gurus/Banks/Hedge Funds Have Already Researched for their Wealthy Client? [Answer: Filter, Filter, Filter. Ask: Which Stocks Keep Coming Up In The Most Strategies? And your brother-in-law is not a strategy]
What About Currency Risk of International Global Holdings? (Seriously! You get a 100% return from a stock and you are whinging about 1% currency moves)
How Do I Pick Brokers that I can Trust? (UK regulated ones only)
Do I Own the Stock or CFD/Spreadbet? (The stock, but if you’ve got additional risk income eg 10% of your money can be by leveraged instruments, BUT, with proper maths)
How Do I Save Tax, Esp If For My Pension/Long Term Savings? [ISA/SIPP]
