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Martin Van Buren
10 Jun 10 15:45
Joined:
Date Joined: 08 Dec 05
| Topic/replies: 448 | Blogger: Martin Van Buren's blog
£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

I know nothing about share dealing and have bought these on the advice of a friend.  I'd be glad to hear your thoughts.
Pause Switch to Standard View I have just purchased £18,000 worth...
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Report Martin Van Buren June 10, 2010 3:47 PM BST
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.
Report Live4 June 10, 2010 3:49 PM BST
Good luck... good time to get in there when commodity prices are subdued.
Report Martin Van Buren June 10, 2010 3:54 PM BST
£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
Report Martin Van Buren June 10, 2010 3:55 PM BST
Thank you Live 4.
Report Fedhater June 10, 2010 10:32 PM BST
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.
Report vosnetter June 11, 2010 10:32 PM BST
Well I put £8,000 into Shanta Gold. (SHG)
Report vosnetter June 11, 2010 10:36 PM BST
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.
Report V4 Vendetta June 17, 2010 4:34 PM BST
I don't think you'll regret it in five years.
Report V4 Vendetta June 17, 2010 4:35 PM BST
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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