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I should mention this friend is an expert in such matters and has made many millions on the stock market. I am a complete novice.
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Good luck... good time to get in there when commodity prices are subdued.
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£3000 in Soco International. SIA.L
£3000 in Dana Petroleum. DNX.L £3000 in Tower Resources. TPL.L £3000 in Dominium Petroleum. DPL.L £3000 in Petropavlovsk. POG.L £3000 in Valiant Petroleum. VPP.L |
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Thank you Live 4.
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Great strategy. I've ust got £2K of BP at 360p, and am looking for some mining, biotech and technology stocks.
Have another £6K to invest, split into £2K parcels. |
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Well I put £8,000 into Shanta Gold. (SHG)
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I invest into penny shares, and I would only spreadbet on those type of shares you invested into. Since its not worth the dealing costs on to big of companys, as they hardly move in percentage terms, because you spend more in charges by the time they go up. Also speadbetting in the UK is completely tax free.
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I don't think you'll regret it in five years.
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I have to agree with vosnetter though. I haven't bought a lot of equities outright for over a decade for the tax reason.
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