camembert
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rite, past few months, i have had 3 conversations with diffrent people about financial things. here is a shot summary of what they each said (or did);
1) Person 1 has taken to spreadbetting a bit for their investments they bought a mining stock i think which is going down down down down. they said "there is some recent good news with the company, but that hasn't been priced in to the share price yet".
2) Person 2 met an IFA for what to do with some money they had just come in to. The IFA sold them a bank product which tracks the value of a simple moving average system on the FTSE (really like moving average crossover). It is capital protected, so what they really bought was a call option on a mechanical trend system. also paid a bunch in fees and commissions, and will also pay spreads and fees to the bank who run it!
3) person also had done a bit of spreadbetting, but was talkig about hedging eurusd with gbpusd etc![Roll eyes :rolleyes: :rolleyes:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
so, like, is this fair across the whole spectrum?
1) Person 1 has taken to spreadbetting a bit for their investments they bought a mining stock i think which is going down down down down. they said "there is some recent good news with the company, but that hasn't been priced in to the share price yet".
2) Person 2 met an IFA for what to do with some money they had just come in to. The IFA sold them a bank product which tracks the value of a simple moving average system on the FTSE (really like moving average crossover). It is capital protected, so what they really bought was a call option on a mechanical trend system. also paid a bunch in fees and commissions, and will also pay spreads and fees to the bank who run it!
3) person also had done a bit of spreadbetting, but was talkig about hedging eurusd with gbpusd etc
so, like, is this fair across the whole spectrum?