Coronavirus Discussion Anyone doubling down their online work efforts because of Covid-19?

Jon

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I’ll take what I can get lol.

Speaking of stocks and shares though, I know nothing about it, but is there any sort of easy guide on here about it, I have saved up some money so if there is something profitable I could invest in and not have to do a fat lot.. I’d be all ears? ;)
It's really as simple as it says in the blog post

  • Sign up to Trading212
  • Deposit £1
  • The next business day you will get your free share allocation.
  • Allow the share to settle for 3 days (ie, don’t try and sell it)
  • After 3 business days sell the share for what its current value is
  • Wait 30 days for the cash to unlock
  • Withdraw the value of the sold share back to your debit card.
You don't need to have any kind of knowledge of stocks and shares as you are just taking whatever you are allocated!
 

rich110991

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It's really as simple as it says in the blog post

  • Sign up to Trading212
  • Deposit £1
  • The next business day you will get your free share allocation.
  • Allow the share to settle for 3 days (ie, don’t try and sell it)
  • After 3 business days sell the share for what its current value is
  • Wait 30 days for the cash to unlock
  • Withdraw the value of the sold share back to your debit card.
You don't need to have any kind of knowledge of stocks and shares as you are just taking whatever you are allocated!
That’s not what I was asking? I understood the sign up process.

I’m saying as well as the £1, how easy would it be for me to invest a sum of money into something and make a profit? With no experience?
 

Jon

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I’ll take what I can get lol.

Speaking of stocks and shares though, I know nothing about it, but is there any sort of easy guide on here about it, I have saved up some money so if there is something profitable I could invest in and not have to do a fat lot.. I’d be all ears? ;)
I would say in the current climate you need to cut that mindset a bit.

I've noticed you say it a lot, if things are a faff or too difficult you seem to want to quit and bail on them but the reality is that if you do get onboarded with appen or lionbridge you are going to need to do entrance exams with them before they let you earn money but if you put the effort in then the money is there for you to make ;)

Not all 'online earning' is out-of-the-box super easy stuff! A lot of it requires dedication and a huge amount of self discipline and motivation. Trying new things, putting yourself out there, not being defeated and understanding that things aren't always easy and simple like they wouldn't be in any regular workplace.

Take a step back, look how much you've made so far online (Over £1000+ i think from memory) and realise that the money IS there because those are things that you put effort into ;) - If it's all too much then maybe a regular job may be better as the lack of 'hand holding' when it comes to earning money from home can be quite a difficult thing for some people to accept in terms of that fact you need to figure a LOT of this stuff out yourself
 
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Jon

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That’s not what I was asking? I understood the sign up process.

I’m saying as well as the £1, how easy would it be for me to invest a sum of money into something and make a profit? With no experience?
Well stocks are super low at the moment so it's a good time to buy! Apart from that I've no clue, it's a guessing game, @The Reverend has quite a few shares I think so he might be able to advise
 

Rs20033

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That’s not what I was asking? I understood the sign up process.

I’m saying as well as the £1, how easy would it be for me to invest a sum of money into something and make a profit? With no experience?
It's possible (I have a couple of high risk high reward investments) but you should only invest what you can afford to lose. I don't want to clog up the thread so if you're interested give me a shout on my money making diary in my signature. In terms of making decent profit from Trading212 I would say you would need to put in research and have a bit of luck too. Think about which companies will do well in the current climate (pharmaceutical, home entertainment etc). It's a good time to buy while stocks are low, but unless you really know what you're doing it's best to view it as a long term investment.

If you were after a lower risk investment, if you open a stocks and shares ISA with Shepherds Friendly through Topcashback, they are offering £215 cashback (there are lower amounts available). I have paid into mine for 5 months and the cashback is now payable.

Edited because I forgot to say the £215 cashback is for a £100 per month top up.
 
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rninja

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@rich110991, regarding investments. I've done TONNES of reading up about stocks, shares, bonds, etc and conclude: I don't know any more or have an edge compared to 1,000s of full-time PhD fund managers, endowment funds, and hedge funds (that collectively make up the stock market). Thereofe, I passively invest.

Two great resources:

Lars Kroijer videos on YouTube
Monevator.com
 
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cofito

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With a lot of time on my hands I have been looking at the markets and I do not have experience at all, but can see that long term there will be gains to be made as prices are low, but there are a lot of ups and downs at the moment and if you want to get in for the long term it may well pay off, but if you are looking for short term payouts unless you know what you are doing it can be a very expensive gamble (as that is what it will be ).
 

Kevinburrow

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Prolic surveys have dived off a cliff the past few days. I wonder if the golden period has ended?
 
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simpy3

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I’m really struggling to make anything now.

Getting the odd survey on Prolific. Doing surveys on Curious Cats and Qmee. Making not a fat lot on PollPass and SerpClix and OnePulse.

Signed up to Copify again last night but I don’t know if they will accept me given I already had an account with them and it’s probably been closed or something.

Anyone know if Operador will accept me after I had an account and then asked them to delete it?

Getting desperate.
Human Resources at Operador are pretty amiable, so it's definitely worth a shot.
 
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Dmelom

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I’m really struggling to make anything now.

Getting the odd survey on Prolific. Doing surveys on Curious Cats and Qmee. Making not a fat lot on PollPass and SerpClix and OnePulse.

Signed up to Copify again last night but I don’t know if they will accept me given I already had an account with them and it’s probably been closed or something.

Anyone know if Operador will accept me after I had an account and then asked them to delete it?

Getting desperate.
Did you sign up to Lionbridge? I've heard they offer 10-20 hrs work a week. That's something.
 
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rich110991

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Did you sign up to Lionbridge? I've heard they offer 10-20 hrs work a week. That's something.
Yes mate I’m on the waiting list for Lionbridge and Appen.
 

Dmelom

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Yes mate I’m on the waiting list for Lionbridge and Appen.
Oh ok. One other thing is Fivestar OMS. They basically pay you do do reviews so right now theres 3 review jobs on. Only £3 each but they come on all the time and take 2 mins.
 

rich110991

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Oh ok. One other thing is Fivestar OMS. They basically pay you do do reviews so right now theres 3 review jobs on. Only £3 each but they come on all the time and take 2 mins.
Which tasks are these? I can see a few for dating apps that are £2 each? Is that what you mean? Do you ever do any of the higher paying ones where you have to buy something?
 
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Dmelom

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Which tasks are these? I can see a few for dating apps that are £2 each? Is that what you mean? Do you ever do any of the higher paying ones where you have to buy something?
Yes. I've done a few recently for Amazon. They paid maybe £7 each and you get reimbursed or paid upfront for the product. I also then sell the product after on Ebay. I just sold one of them for £20 so its pretty good.
 
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Kevinburrow

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Yes. I've done a few recently for Amazon. They paid maybe £7 each and you get reimbursed or paid upfront for the product. I also then sell the product after on Ebay. I just sold one of them for £20 so its pretty good.
Am I missing something here? Some of those Amazon ones claim to give you a 250 points bonus, and a smartphone from their shop only costs 500 points? That can't be right? The products are absolute shite at the moment it must be said but who wouldn't do a couple of reviews for a brand new smartphone? Again, that can't be right :D

Untitled.jpg
 
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homie

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Am I missing something here? Some of those Amazon ones claim to give you a 250 points bonus, and a smartphone from their shop only costs 500 points? That can't be right? The products are absolute shite at the moment it must be said but who wouldn't do a couple of reviews for a brand new smartphone? Again, that can't be right :D
I won't do these sorts of things on principle. I won't prostitute my reviews for a reward so someone in china can get their crappy plastic widgets up to 5 stars and further up the search results. It makes a mockery of the whole review system and makes one question just how many reviews on Amazon and trustpilot are legitimate.
 
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The Reverend

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Well stocks are super low at the moment so it's a good time to buy! Apart from that I've no clue, it's a guessing game, @The Reverend has quite a few shares I think so he might be able to advise
Making money on the stock market is easy.

You buy shares at the lowest price

You sell shares at their highest price

Difference between the two prices = PROFIT!

:lol:

If you have some money then my advice would be get a S&S Isa where another company advises the return (5-8%) and put the money in that, then forget about it.

Then do the same each year for ever.

Its not sexy but it does work.

Anything else is guess work. There are FX trading companies who will share their secrets for 25-30-35-50-15% of YOUR profit but really, its a dangerous game to play as we've seen a 'rogue trade' can fuck all sorts up.

I'm not qualified to give any advice. I own shares in a company that is currently worth about 1/5 what it was 2 years ago. You only lose money in stock trading if you sell at a loss so currently these shares will just sit in my portfolio and hopefully my average will reduce the hit for me.

There are a few bloggers who do look for dividend paying shares - this is a good place to invest if you have 'spare' money and the income is passive but it come at a risk - if the dividend is reduced/removed its not making money.

The most important thing to remember is there are companies employing much more inteligent people than you or I, to investigate/spy/affect other companies so that they know when to buy/sell shares.

Berkshire Hathaway (Warren Buffets company) holds $707 Billion in assets

$707,000,000,000

If their portfolio goes up 1% in a day that is $7 Billion
or, if you'd prefer

$7,000,000,000

in a day.

They will spend BILLIONS making sure they make 'good' investment decisions. Because money spent here can affect the bottom line.

Then you get these guys...


The likes of you and me don't get this level of information so can't make these decisions like that. The whole game is rigged AGAINST the little guy. Unless you are this little guy...


Who gamed the whole system!

:D

The Stock Market (and all sub markets) are fascinating and all made up. :D Invest what you can afford to lose. Imagine, like I did, that your shares drop to 20% of the price you purchased them for. Could you still afford to eat, pay bills, etc?

A bit of a long post from me, but hopefully it gives you your answers and a little more food for thought.

:)

Thanks,

The Reverend
 

rich110991

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Making money on the stock market is easy.

You buy shares at the lowest price

You sell shares at their highest price

Difference between the two prices = PROFIT!

:lol:

If you have some money then my advice would be get a S&S Isa where another company advises the return (5-8%) and put the money in that, then forget about it.

Then do the same each year for ever.

Its not sexy but it does work.

Anything else is guess work. There are FX trading companies who will share their secrets for 25-30-35-50-15% of YOUR profit but really, its a dangerous game to play as we've seen a 'rogue trade' can fuck all sorts up.

I'm not qualified to give any advice. I own shares in a company that is currently worth about 1/5 what it was 2 years ago. You only lose money in stock trading if you sell at a loss so currently these shares will just sit in my portfolio and hopefully my average will reduce the hit for me.

There are a few bloggers who do look for dividend paying shares - this is a good place to invest if you have 'spare' money and the income is passive but it come at a risk - if the dividend is reduced/removed its not making money.

The most important thing to remember is there are companies employing much more inteligent people than you or I, to investigate/spy/affect other companies so that they know when to buy/sell shares.

Berkshire Hathaway (Warren Buffets company) holds $707 Billion in assets

$707,000,000,000

If their portfolio goes up 1% in a day that is $7 Billion
or, if you'd prefer

$7,000,000,000

in a day.

They will spend BILLIONS making sure they make 'good' investment decisions. Because money spent here can affect the bottom line.

Then you get these guys...


The likes of you and me don't get this level of information so can't make these decisions like that. The whole game is rigged AGAINST the little guy. Unless you are this little guy...


Who gamed the whole system!

:D

The Stock Market (and all sub markets) are fascinating and all made up. :D Invest what you can afford to lose. Imagine, like I did, that your shares drop to 20% of the price you purchased them for. Could you still afford to eat, pay bills, etc?

A bit of a long post from me, but hopefully it gives you your answers and a little more food for thought.

:)

Thanks,

The Reverend
Thanks a lot. Not gonna lie my mind is blown.

I’m waiting for Trading212 to approve my identity, does it normally take a while?
 

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