Nicholas' Story
Before Stockopedia, how did you go about finding investments?
"I tended to look for a good dividend yield and buy companies with a reasonable price to earnings ratio. I read the financial press and financial websites but avoided chat rooms for the most part. I also occasionally bought special situations such as takeover bids and where shares seem to be significantly underrated."
In what way has Stockopedia changed your approach to investing?
"I try to buy companies with a stock rank of 90 or greater with a good yield. I also buy into segments that are currently performing well and/or appear to be underrated."
Michael saves time and gains insights for both his and his wifes investments.
Has this impacted your investment results and/or quality of life?
"It is difficult to be certain as we are in a bull market and a significant proportion of my holdings were purchased before I started using stockopedia. However, I think that most of my recent purchases and sales have been much better informed and most have performed well."
What's your advice for investors that are just starting out?
"I think it is important that they decide their investment strategy. Investing for income and therefore looking for dividends of around 5% with no or modest capital gains is different from trading in growth shares and setting stop losses. I think the latter approach is more difficult and requires more time and effort and skill. My suggestion would be to start with the first approach and gradually introduce a proportion of the total investment into trading growth shares after reading extensively."
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