Chit chatters investment thread.

I have all my money in the markets. Not doing great at the moment. The wind keeps blowing off my tarpaulin.

hairdressing saloon

In all seriousness the best Investment I ever made was buying the book, The Snowball: Warren Buffett and the Business of Life First by Alice Schroeder. Cost about £4 from a charity shop and takes ages to read but steers you in the right direction. Rich Dad/Poor Dad is a decent start and I reckon brassneck will recommend some good un's.

Buy high sell low. Wait.. that's not it.
Sell low buy high.

I have put a sport tip on racing forum

buying books to keep you away from gambling seems shrewd.

Like the hosses, you're pretty reliant on other people's homework unless you put the hours in. I got involved this year after a long sabbatical. I ended up looking at the New Year press tips- I assume they save a good un for Christmas- seeing which had gone down after a couple of months and studied 6 of those.

I bought my copy of "The Snowball" for just £1 from a library book sale, so if you listen to Crispy before me you're £2 behind already.

good mafs

Couldn't resist that sorry on a thread about investing money.

alun2005 knows his stuff Worked out that I claimed £1 tax back on Gift Aid as a higher rate tax payer.

Warren was a Stooper in the early days, so he would have fitted in pretty well on here and the Horse Racing Forum. Free Munny.

Crispy KNEW

That's tight alun2005. He rummaged around the floor for winners. His early investing strategy was based on people who pick up disposed of cigarettes to get a drag out of them.

Crispy, talking about one of my best investments, a month or so ago I picked up a copy of this for just over £1 via a 'secondhand' sale. It arrived still in the shrink-wrapping in immaculate condition, and no sticky patches much to my surprise.

I had to wait a long time to get it at the sort of price I like, but I was finally rewarded for my patience.


Many thanks for introducing me to this, HER and THEM.

.
https://www.amazon.co.uk/Camomile-Lawn-DVD-Felicity-Kendal/dp/B00158FK24/ref=sr_1_1?s=dvd&ie=UTF8&qid=1537379562&sr=1-1&keywords=camomile+lawn

£1 to see Jennifer Ehle in the buff

...er I mean to view a classic story

Ahem, yes.

Back to the gambling (aka share tips):

To prove my credentials:
FCCN - French Connection. Tomorrow morning they are expected to report. I expect the shares will go up tomorrow. Currently 50p.
Why will they go up? Firstly, they are low because retail is bombed out at the minute. But FCCN are getting out of retail and focusing on the really lucrative licensing of their brand. The market will catch on, and tomorrow might just be the time they do. A good medium term bet.

The real biggie:
HUR - Hurricane Energy. Firstly, let me start by saying that these are EXTREMELY HIGH RISK shares. Oil exploration companies, particularly small ones, are the quick way to the poor house. Believe me - I've got the t-shirt. But Hurricane is different....... They have found a huge amount of oil West of Shetland and are currently putting in place an Early Production System (I won't bore you with the details - use Google if you are interested). At the minute they are not producing any oil, but when the oil starts coming (expected early next year) then the price just has to be higher than it is now. There is very little that could go wrong (cough!!) because they are just engineering, and putting the bits together in the West of Shetland waters.

Currently 53p. At First Oil (within 6 months) I hope they will be around 80p. This is the point to get out if you value your money. If you like a gamble, staying in while the EPS proves that the oil can be extracted could lead to the share price getting very, very niiiiiice. It could also all go horribly wrong and you could lose the lot. Secondly, next year they start a new drilling programme which should prove that there is a load more black stuff gown there.

Good luck if you get involved, but remember, no advice from me is intended, and any decisions made are your own.

As an added bonus, I give you:

IQE. They make parts that go into electronics (they are very technical). This company will make shareholders very rich or very poor. I think the former, but many disagree. If you want to know in detail what they do, read the ADVFN boards, particularly posts by Sweenoid. These will start to come good towards the end of next year, I reckon.

Currently 90p. Could be 500p in a few years. Could just as easily be 0p.

small oil and mining companies havr cost me plenty in the past, they are real gambles.

There is a thread on the Tradefair & Financials forum called “Testing the theory that broker forecasts are useless”. It was started by Bongo who tracked the strongest consensus sells from the HL website for 6 months at a time.

The three times he did it the brokers recommended sells outperformed the FTSE by:

+2.07%
+16.9%
+5.33%


After a break of a few months, I took over and the following two periods again outperformed the FTSE by:

+4.98%
+10.15%


I have just started tracking the next period. Not a bad system so far! Although you would think there must be a negative period soon (probably when there is a strong downturn in the markets).

Good guess with French Connection. Price currently down over 12%

FCCN - French Connection. Tomorrow morning they are expected to report. I expect the shares will go up tomorrow. Currently 50p.
Why will they go up? Firstly, they are low because retail is bombed out at the minute. But FCCN are getting out of retail and focusing on the really lucrative licensing of their brand. The market will catch on, and tomorrow might just be the time they do. A good medium term bet.

I have actually noticed a small error in my piece, it should say "focusing on the really lucrative wholesale market and licensing of their brand"

Welcome to higher risk stock market investing! Results out this morning are kind of what was expected, although the retail figures are quite dire - but we knew that, right? The market has focused on the falling retail figures, when the real story is that the wholesale figures are doing really quite well. Also, they have closed 2 shops and are closing 8 more when the leases expire soon. The part of the business that is performing badly is getting binned, and will leave the profit making wholesale and licensing business. Currently valued at cash and stock, so the actual business is in for almost free. Currently 44p, which I think is a bargain. Forget the fluctuations - look at the price in 6 months time.

how did the rest do?

im selling off my coin collection in order to buy more scrap.

Crisp77
19 Sep 18 19:02

In all seriousness the best Investment I ever made was buying the book, The Snowball: Warren Buffett and the Business of Life First by Alice Schroeder. Cost about £4 from a charity shop


Why?  Did you sell it for £5?

Where is the best place to sell coins MT? I have quite a lot and no real idea of what to expect if selling.

What type of coins Saddo?

ive been doing it on ebay as some people go ott on the bids.

All sorts aka

I collect half pennies, pennies and two penny pieces.
The 'collectors' coins sold by the companies with Mint in their names in particular should be avoided like the plague.
Loads of coin dealers online which will give you some idea of what your coins are worth.

research the prices, you can see what the recent sells for your item go for.
I pop them in at a fixed price higher than its true value but allow the buyer to make an offer.

yes the mint coins are a joke mark up but people go nuts for them.

I've seen some silly prices paid on ebay although some 'bargains' to be had as well.

i used to buy late at night as less opposition, its funny the price variations at quiet times.

the only coind im keeping are the 50ps 
nothing that exciting but its just an attractive coin.

there is a coin price guide compiled by tony clayton..link below

its taken from coin world and auction prices, and seems pretty decent
as rule of thumb guide, some rarer coins may be under quoted, imo

expect to pay 15% or so plus vat if you sell at auction


coin dealers will probs offer about 50-60 % of the value quoted on run of the mill coins
but near to 80% on rarer types

you can punt em on ebay and might do well but its pot luck

grading can be difficult, and important, so have a good look at what a dealer
is grading the coins he is selling in his shop or website, before agreeing.

not all of them are generous


http://www.coins-of-the-uk.co.uk/values/





royal mint had auction of rare coins today, including a gold kew garden 50p




coin prices dont seem to rise much ...lots of coin collectors no longer with us and
not so many new collectors amongst the young

coins that have a high value due to metal content, gold silver platinum etc

weigh em and work out scrap value


find best local quote....probs about 95% scrap value,

posting em is expensive if heavy !

The best item I was bequeathed is a kilo silver ingot, not as valuable as the gold stuff but I use it as a door stop, and think of my old man every time I move it.

once you get used to the selling ebay is pretty easy.
if you want around £50 for a coing pop it up higher say £65 and let the
buyer have the option of making an offer, most times you get over what you wanted even if only a couple of ££.

The best advice id give is be realistic with the price you want so much is listed very over priced and really
all the seller is doing is wasting their own time.

I prefer silver to gold saddo.

Melt down scrap stuff but just prefer the silver.

tend to sell the gold bars on but stash the silver!

I had quite a few gold cons including sovereign sets, mostly bought in the late 90s/early 00s.
Terrible value when I bought them although I didn't realise that at the time but it came good when gold price soared and I got on average nearly 3 times my investment.

Thats a nice feeling akabula.
I have had a few results and some disasters.

It was a great feeling. I bought most of them from the Royal Mint not realising their mark-up.
Naïve of me at the time but worked out well.
I paid between £325 and £425 for 3 sovereign sets and about £350 to £450 each for some £5 coins.
On reflection my return was about two and a half times my investment.

Long-suffering UK savers could soon see higher returns,
as one of Wall Street's swankiest banks boosts its presence
on this side of the Atlantic.

Goldman Sachs is well-known for its investment bank in London,
but from Thursday it will also offer a savings account to members
of the public.

It will be known as Marcus by Goldman Sachs, after the bank's
founder, Marcus Goldman.

Savers will be offered 1.5% a year, currently the best rate on the market.

That is also the highest return that UK savers have seen
in the last two and a half years.

Experts predict that such a competitive rate could force other banks
and building societies to offer better returns as well.


"I definitely think that it will mean other providers will think
about upping their rates, but only time will tell," said Charlotte
Nelson of Moneyfacts.

"With them launching at such a high rate it's likely to make the
challenger banks sit up and take notice."

The next nearest easy access savings rate is currently
1.41%, offered by Yorkshire Building Society.

However the Marcus account includes a bonus of 0.15%,
which is only guaranteed for 12 months.

Nevertheless best-buy tables change frequently, as new
entrants seek to get a foothold in the market, or raise
money quickly.

The news could provide some relief for savers, who have
complained that returns have not risen in line with two
increases in the Bank of England base rate, in November
last year and August this year.

Some High Street banks are still paying as little as
0.15% interest a year.

Anna Bowes, co-founder of Savings Champion, said: "Savers
who fail to move their money from the shockingly low-paying
easy access accounts on the high street are allowing themselves
to be robbed.

"By moving from some of the lowest paying accounts with the
likes of HSBC, to a top-paying account such as the new account
from Marcus, you can get up to 10 times more interest in a year."

However many providers have had no need to offer competitive rates,
as over the last few years they have been able to raise money very
cheaply through Bank of England lending schemes.

If successful in the UK, it's thought that Goldman Sachs may launch
the Marcus savings brand elsewhere in Europe.

It has been available in the US since 2016.

THEY don't want us to have cash savings.

They do now they know where it all is, it's gold and other stuff you need if you want to hide owt.

I'm considering buying a gold coin as a birth gift for a friend's newborn, though I'm vaguely worried that he'll get to about seven, take it to school and swap it for some marbles and a conker.

royal mint will flog you one way over the odds

some of the dealers with links on the thread or elsewhere
will charge you 5% over scrap value.


i got a sovreign as a birth gift, i sold it when i went to uni.

bought a new one when i left uni and it was £30 less than the
one i sold..

having it when i was growing up was quite a nice little introduction
to realising the value of things....

• On why he doesn’t invest in gold:“You could take all the gold that’s ever been mined, and it would fill a cube 68 feet in each direction. For what that’s worth at current gold prices, you could buy all—not some—of the farmland in the U.S. Plus, you could buy 16 Exxon Mobils, plus have $1 trillion of walking-around money. Or you could have a big cube of metal. Which would you take? Which is going to produce more value?”

Courtesy of a £4 book.

Operation Grand Slam?

sold some copper on ebay, got a crazy price for it.
feel guilty so will throw the guy a load of extra bits.

Stock markets falling now. If this keeps going some real bargains will appear.

(and more frauds will be uncovered )

The FTSE 100 now pretty much at the same level as it was on 30 December 1999.

Brexit reminds me of a young Millennium Bug

im going in for a few Vodafone shares today.

sold of some coins and bullion so a few more vods shares and going to start buying avast.

Petro Matad (MATD.L).

Currently 6p. Big drill in Mongolia (Wild Horse) imminent (weather permitting) and three more next year, all fully funded. An exciting gamble.

Good luck.

What is it that tickles us about oil exploration, I've been watching one all year but I know if I buy em they'll drop. The spread is the killer unless they move markedly up.

"The FTSE 100 now pretty much at the same level as it was on 30 December 1999."

Because it had two huge crashes, and people who invest in shares properly aren't tracking the absolute value, the majority of the growth people get if they invest the best way in the FTSE etc is by compound reinvestment of the dividends with capital value growy helping.

Over the last years people investing in shares have been doing really well. Lots of safe funds doing 8-9% a year never mind the high flyers.

The FTSE 100 now pretty much at the same level as it was on 30 December 1999

if you had the shares that were in the top 100 in 1999 how many would still be in top 100 today

60% ?


so you would have to buy new shares and sell old shares, and that aint free..


lots have gained in past 3-4 years ...yes they have, thats good years, lots of funds now
sitting around 12 month lows.....thats a poor year

swings and roundabouts

Re-investing dividends would have seen your money more than double over that time. Still not fantastic for eighteen years but you have to take into account the low interest environment over that time which bumps your real returns up:

https://www.telegraph.co.uk/investing/income-iq/reinvesting-dividends-simple-but-effective/

Donny you clearly don't invest in shares or funds otherwise you'd know if someone wanted to track the FTSE there are a plethora of FTSE trackers that will do just that with low fees (as trackers are easy to run) and the management and reinvestment done for you.

I would guess that it would be less than 60% Donny.

But you would buy a tracker rather than buying them all individually. Although 18 years ago, this was a lot more expensive than now. It probably would have cost 100 basis points compared to 5 bp’s now on an FTSE 100 ETF.

You beat me to it JC!.

I just had a quick look and the cheapest (according to justetf.com) is 7 basis points (ie. 0.07%) annual charges.

just checking you clearly do not handle my share investments so dont make yourself look silly by making false assumptions about me

i am well aware of index tracking funds

Other options might include say this that seems to be popular right now but has done well for years:
http://www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F0GBR06I5Z

Disclaimer: This message does not constitute financial advice. The value may go up and down and your capital is at risk.
If you want a low risk high return investment, put your money on whatever is the opposite of a Moneytree "nailed on" tip.

shares have surged these past few years but anybody that bought in 1999 and sold in 2014 didnt do so well

so even with the proviso they give of 5 - 10 year investments its not always a safe investment over that timescale

Well Donny two people who have posted immediately after you felt the need to correct you so take from that what you will...

they have not corrected me, they have pointed out the same alternative

and they were not stupid enough to make assumptions based on a short post

what was wrong, in my post that you have corrected by the way ?

Stock market up today

My tip is the Cyber Security ETF (ISPY).

Not for any fundamentals, I just like the code.

saddo    19 Sep 18 18:01 
Like the hosses, you're pretty reliant on other people's homework unless you put the hours in. I got involved this year after a long sabbatical. I ended up looking at the New Year press tips- I assume they save a good un for Christmas- seeing which had gone down after a couple of months and studied 6 of those.



Oh dear !!

donny osmond


1.5 % ?

So you invest £10,000 and make £150 in a year. Whoopee !!

Likely to get bigger return ( with no risk) putting the lot in Premium Bonds.

1.5% do that in a week with a 1 tick offset.

A very well reasoned reply facts. As it was, I bought into Galliford Try in the winter, took up the rights and with an interim dividend I cleared about 23%. I might look at them again, post brexit.

Petro Matad jumped forty percent today on the US exchange. If rumours of a massive oil strike at Wild Horse are true this stock's rise will be startling.

Hope a few joined me on board. Best wishes.

mt stocks taking one hell of a kicking.

mt = money tree?

lol was supposed to say my

using the weekends winnings to go in again while the prices are lower.

ftse back to 1999 levels...

gold getting close to £1000 per ounce

is cramer worth listening too ?

those closest too you

Phoney financial adviser spent millions of his victims' savings on escorts, gambling and foreign holidays
Neil Bartlett scammed old ladies, friends he had known for decades and even his own family - before blowing the lot on Russian sex workers and gambling

Dec 21, 2018 -- 4:37PM, xmoneyx wrote:

is cramer worth listening too ?

noo

anyone remember the trump bounce

gold £1150 an ounce