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Diary of a Dumb Investor

£10,000, one condition: invest it wisely

Latest updates from Dumb Investor

Diary of a Dumb Investor: a huge hole in my portfolio

by Dumb Investor on Apr 14, 2016 at 17:05

While trying to steer my disparate collection of stocks towards a proper asset allocation, I've ignored one crucial area.

Diary of a Dumb Investor: so many bargains!

by Dumb Investor on Feb 18, 2016 at 12:33

I've taken the hit on some of my worst investments, picked a fund to give my portfolio backbone, and found an exciting new stock.

Diary of a Dumb Investor: my star stock goes stratospheric!

by Dumb Investor on Oct 29, 2015 at 14:13

Shares I bought for just 458p in Hutchison China Meditech are now worth more than £25 thanks to the drug firm's plans for a US listing.

Diary of a Dumb Investor: I'm buying Lloyds

by Dumb Investor on Oct 13, 2015 at 16:35

I've listened to your warnings, done a bit more research, and finally yielded to the bank's dividend prospects.

Diary of a Dumb Investor: Lloyds shares bonanza

by Dumb Investor on Oct 05, 2015 at 16:58

Even a dumb investor can spot a bargain. And the government's Lloyds shares offer is just that, right?

Diary of a Dumb Investor: I thought Centrica was safe!

by Dumb Investor on Sep 30, 2015 at 12:00

I'm not surprised my portfolio is down over the last few months, but I hadn't expected Centrica would be one of my worst performers.

Diary of a Dumb Investor: bailing out of StanChart

by Dumb Investor on Sep 21, 2015 at 15:42

The time has come to sell a stock that has caused me more pain than any other: I'm finally giving Standard Chartered the chop.

Diary of a Dumb Investor: my portfolio can't cope!

by Dumb Investor on Aug 26, 2015 at 09:00

If we really are entering an emerging markets crisis, my portfolio looks ill-prepared for the turbulence.

Diary of a Dumb Investor: emerging markets nightmare

by Dumb Investor on Aug 10, 2015 at 16:28

Nothing has held back my portfolio more than the lumbering performance of emerging markets. It's time I bit the bullet.

Diary of a Dumb Investor: my dumbest mistakes

by Dumb Investor on Jul 20, 2015 at 16:19

Selling Lloyds at the bottom, calling a property crash in 2012 and buying Russia as oil tanked: I've really lived up to my name. Or have I? 

The story so far

Dumb Investor's obscenely rich great-uncle has given him £10,000 – in part out of the goodness of his heart, in part to avoid paying inheritance tax. There's just one catch: he must invest it.

Our diarist takes us on his journey of deciding exactly where to put the cash, and how to manage it once it's there. Along the way, he's confronted by the dizzying number of assets he can buy, the pressures of constantly changing market conditions and the various costs that lie in wait.

'If I do lose it all in some kind of Madoff-style scam... at least my humiliation will be public,' he jokes.

  • What the readers say

    From Getting started:

    We all have to start somewhere - I'm looking forward to reading the updates... GOOD LUCK !!

    Mum

  • What the readers say

    From Getting started:

    Dear Dumb, I also have £10,000 I'd like you to invest for me, were should I send the cheque? I have a good feeling about this!

    Alan Carmody

  • What the readers say

    From Picking a platform:

    The clear lesson here is to trade as little as possible. 10 positions of £1,000 each would work well. If you do decide to buy some stocks (i wouldn't) make damn sure you do you research. Good luck!

    OS

  • What the readers say

    From Planning my portfolio:

    You are planning to put money into FUNDS? You really are dumb aren't you.

    Tony Peterson

  • What the readers say

    From Me, myself and investment trusts:

    Dont get too hung up on the subject of charges.Whilst we would all like to see lower costs it is more important to focus on comparative total return ,after charges. If a fund consistently beats it's index and it's peers then I consider it to be worth the cost. Whatever the 'Charges'.

    Peter Redhead

  • What the readers say

    From Getting started:

    Put it all on red!!

    Gambler

  • What the readers say

    From ETFs, gold and India:

    I thought your remit was to act sensibly. And you are thinking of investing in gold? Doh!

    mike88

  • What the readers say

    From My first investment!:

    The only people not recommending gold and silver are those who don't have a posiiton in it. Buy direct from Bullionvault, sit back and watch your investment soar - this bull market has a long way to run.

    John Roycroft

  • What the readers say

    From My first investment!:

    Oh dear, not the best of starts - you were warned that HL is not the best choice if you plan to concentrate on SHARES - which includes investment trusts and ETFs - far better to use a platform with a low flat rate commission rather than HL whose commission on shares escalates with the size of the deal.

    la mamma

  • What the readers say

    From Ouch! Time I had a plan:

    Oh dear 'Dumb Investor' You lose a tad in a week that the market does not do well. This is investing , take the rough with the smooth. If you can't take the heat then find another pastime.

    Donnyj

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