ShareSoc

Want to Get Rich Quickly?

Do you sincerely want to be rich? That was the sales slogan used by fraudster Bernie Cornfeld which attracted many. Or perhaps even better, do you want to sincerely get rich quickly? That is in essence the sales pitch used by many promoters of CFDs (Contracts for Difference). CFDs are geared investments in stock market shares, bitcoins, commodities or any volatile instrument where you can magnify your profits many times. Or, of course, magnify your losses. You can, to put it simply, ...

Post Date: January 14, 2018 Read more

Clamp Down on CFDs – ShareSoc’s Comments

The Financial Conduct Authority (FCA) is proposing to clamp down on CFDs (contracts for difference) and similar financial products such as binary bets. CFDs are complex financial products that...

Post Date: March 3, 2017 Read more

FCA Proposes to Clamp Down on CFDs

The Financial Conduct Authority (FCA) is proposing to clamp down on CFDs (contracts for difference) and similar financial products such as binary bets. CFDs are complex financial products that have historically been used by sophisticated traders. But they have been growing rapidly in usage by small retail "investors" and the FCA reports that 82% of them lose money based on a review of such accounts. CFDs are a way of acquiring an interest in a listed company without paying stamp duty. It ...

Post Date: December 7, 2016 Read more

Group description:	We welcome anyone interested in investments regardless of their level of knowledge and experience.
Meeting Type/Venue:	Physical meeting in the Boardroom of a venue in RG9 (pre-meetings in the bar).
Meeting Frequency/Timing:	Monthly – 3rd Wednesday of each month at 18:00 (except January, where the meeting will be held at lunch time).

Group description:	Our group covers a wide spectrum of mainly stock market investing and trading from equities – which include shares, ETF’s Investment and Unit Trusts – mainly UK and USA, but also some spread betting and financial options. We normally rotate the meeting chairperson (responsible for creating, with member’s help, suitable agendas) and a meeting presenter (members take it in turns to provide a 15 to 45 minute presentation on a subject of their choice). Various investing topics of interest are regularly discussed such as software, brokers, investing categories and markets and any related topics of interest.
Meeting Type/Venue:	Following Covid, this group hasn’t yet reconvened at their previously regular meeting venue which is in a private room within a west London golf club. In the meantime, meetings are held via videoconferencing. Part of the reason is that some members have moved away and some prefer meeting in person. So our aim is to recruit new members to ensure a continued regular in person meeting.
Meeting Frequency/Timing:	Meetings are held on the second Wednesday of each month in the afternoons, following a golf club one course lunch for our in-person meetings.

Group description:	Meeting once a month, our group covers a variety of investment styles. We also have an active WhatsApp group and we welcome new members.
Meeting Type/Venue:	Physical meetings at a venue in Preston, Hitchin, SG4.
Meeting Frequency/Timing:	Monthly.

Group description:	We are a friendly social group welcoming investors with all levels of experience. Our membership varies between those with little or no knowledge of investing to those who live off their investing or their portfolios. We do not invest as a group so there is no money on the table, and we never discuss individual worth; we simply discuss and share investing ideas, we analyse the state of the market, individual stocks, funds, trusts, bonds etc., and we invite contributions from all group members. Guest speakers and company presentations are a regular feature, as is the SIGnet competition and also our own long-term Manchester Portfolio. We invite members to volunteer presentations from time to time on particular topics of their interest / expertise. At each meeting members are asked to share their latest or potential buying and selling activity. Our face-to-face meetings are punctuated by a lunch break, and for those with the time there is socialising and drinks afterwards. Most of all we learn from each other.
Meeting Type/Venue:	The group meets through a combination of Zoom and face-to-face meetings at a central Manchester boardroom style venue.
Meeting Frequency/Timing:	Meets bi-monthly, 10am-3pm on Monday mornings, usually mid-month.

Group description:	Group of investors that meets on a bi-monthly basis to discuss all things happening in the world of investing, share each other’s knowledge and give the benefit of each other’s experience. Group primarily focuses on unit trusts, open ended investment companies and investment trusts. However, all investments are up for discussion and new members are always welcome and encouraged.
Meeting Type/Venue:	Remotely via Zoom on Saturdays on a bi-monthly basis, on dates collectively agreed by all group members.
Meeting Frequency/Timing:	Bi-monthly.

Group description:	Most members are experienced investors. The main focus is on equity investments (single stocks or investment trusts). Other asset classes are discussed. Meetings involve presentations from members who are expected to lead discussions from time to time.
Meeting Type/Venue:	Meeting quarterly, physically in Central London. Other months (8 months per year) on Zoom.
Meeting Frequency/Timing:	Monthly – Generally on 3rd Wednesday of the month. Zoom meetings tend to last up to 2 hours. Physical meetings are from 11am-4pm.