28/04/2024
This trading 212 account was opened at the end of April last year, and it has been almost a year now. I have witnessed the rise of investing in US stocks from being ignored to being in full swing.
Last year's 20,000 yuan has built an investment portfolio. This year's Isa has been fully saved, and I am currently in a wait-and-see state. I can earn about 5% interest with 20,000 yuan of idle funds. I can get about 3 pounds a day.
Based on the 20,000 yuan principal, the highest return is more than 8,000 yuan. It has recently adjusted back, and according to today's calculation, the annualized profit is about 35%
-It is 200 pounds given after opening an account and depositing money. You have to open an invest account at the same time to receive it, and you cannot withdraw it within a year. At that time, I used it to invest in some stocks with higher risks. Every time I enter and exit with a full position. I realized a profit of £122. But the last loss is 40%. Overall, the annual return is negative.
This also made me realize that the essence of investment is a slow accumulation process. If you enter and exit with a full position, no matter how much you win, you will lose it all if you lose once. If you add margin or do options, it is estimated that the account will have become negative long ago.
There is still an activity of 1% cashback on ISA deposits to the invest account. Generally speaking, this platform is quite convenient to operate. Other software is recommended for stock market analysis.
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