Just take these three steps
Step 1
You need a broker, who deals in CFDs. I use IG. They are big, they know what they are doing, they offer an incredibly wide range of stocks and if I suggest an exciting new growth stock, which is not on their books they will often add it to their list. It is very easy to open an account; just go to their web site.
Step 2
Just follow the alerts; it’s that simple. There are three types of alerts.
- First are new buy alerts. These are first time recommendations for shares in companies that are new to the Quentinvest system. They will all be high quality growth shares, the only type of shares considered for the system. Buy whatever is your chosen unit size. For practical reasons such as minimum commission levels my suggested minimum unit size is £500.
- Second are follow-up buy alerts. These are at the heart of the QV system. At quarterly or six monthly intervals you will be advised whether or not to make follow-up purchases on shares you have already bought. If you are advised to make a follow-up buy the recommended investment is one unit, based on the size of your initial investment. If you bought £500 worth of shares initially then all your follow-up purchases, except power buys (see below) should be for £500. This has a highly beneficial £-cost averaging effect.
- Third are power buy alerts. These are typically rare and because of their special power I recommend subscribers to double up on these purchases. If you usually invest £500, for your power buys try to invest £1000, otherwise just stay with the £500.
Step 3
Building your portfolio. This depends on your resources. If these are limited I would suggest making your investment unit £500 (as used in the examples above) and concentrating in the early days on new recommendations. If you purchase one new share roughly every two weeks you will have 25 shares in your portfolio after a year, 50 after two years. You will now be ready to start making follow-up purchases based on a six monthly time scale if you haven’t already started. I would suggest that you also continue adding new shares to your portfolio but at a slower rate. On a very long term view I want you to end up with a very large portfolio, even 100s of shares. Follow my strategy and this programme will allow you to scale your portfolio at a rapid rate, especially if general stock market conditions are favourable.
You are probably wondering where the money is going to come from to finance such a rapid rate of investment – building a 50 share portfolio in two years plus follow-on purchases and power buys. I am not making any promises here but it is not inconceivable that this could all be financed by a savings programme of £250 a month, £125 each for a couple; that is the miraculous effect of the 4 ‘B’s – buying well-chosen shares, follow up buying, borrowing to buy (which means a £125 deposit buys £500 worth of shares) and buying for the long term.
