Hey there
I’m fairly new to trading, and am using Trading212. I’m not an expert, but I know the basics now.
I currently have £100 in the VUAG ETF and will be auto-investing £50 a month into there.
I also have around £20 in Nvidia and £12 in Nike stocks (both were free from the referral offer).
I’m an avid follower of politics and world affairs and am looking to use that experience to broaden my portfolio.
Looking at the situation on Venezuela specifically, where the US is building their military prescience, why do people think will happen to stocks? Has there been a trend previously?
I suspect come Monday morning some defence and oil stocks will increase in value, as defence companies would expect to sell more of their products, and as for oil, Venezuela is a major exporter, and so I imagine stocks for other oil companies will increase.
I’m considering watching what happens on Monday morning when the markets open and building a pie for either oil or defence.
What has happened in similar situations previously? What do you guys think may happen?
I appreciate no-one knows for certain, but I’m learning here and would love to hear everyone else’s experiences.
I currently have £1000 in my Stocks and Shares ISA purely for the interest (I’d rather have fairly easy access to it if needed) - but I could invest *some* of it on Monday if the signals are looking good for potential profit.
Opinions and feedback appreciated!