Paul's Story
How did you pick investments before you used Stockopedia?
Pre-Stockopedia, I used a number of investing magazines and newspapers to help me choose stocks. As a result, my portfolio overwhelmingly comprised Blue Chips. I did use some basic metrics such as P/E, PEG, Yield & Dividend Cover, however I was not as well-informed as I am now using Stockopedia.
Has using Stockopedia changed your approach to investing?
I can now use a more sophisticated set of stock selection criteria, thanks to Stockopedia. I can also be confident taking a little more risk - so I now hold some stocks from the FTSE 350 and AIM.
"I can now use a more sophisticated set of stock selection criteria, thanks to Stockopedia." - Paul
Has Stockopedia impacted your investment results or quality of life?
The performance of my portfolio overall has improved by perhaps 25%. Most importantly, I am more confident in my stock-picking and have a wider spread of stocks.
What's your advice for investors that are just starting out?
When starting out, read as widely as possible, and use the Guru screens on Stocko to find stocks. Put some of your money into Investment Trusts. Try to build up to at least 10 differentiated holdings as soon as possible to spread your risk.
Disclaimer - Testimonials are provided by third parties for informational purposes only and are not intended and should not be taken to be financial product advice.
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