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told you was a pile of turd.
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Still holding with somewhat gritted teeth.. In quite heaily on San Leon Energy and Bango on AIM.. sem better bets currently than Herencia..
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still holding, no doubt i'll have no teeth by the time that these come good
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They never will.
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I'm considering buying this...only about £150 worth, but it would surely be a nice little gamble? 25,000 shares or so in this could potentially be a great bet.
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il say this only once, IGAS !
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i've got a load in my SIPP but unfortunatly for me i retire in about 22 years and still think they'll be going backwards until then..
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Pulled the trigger today on 23635 shares. I want £1000 in various shares by the end of the year.
Would like to (eventually) build a large dividend paying portfolio. |
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How much would you have to invest in a dividend one to make it worthwhile?
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Depends on the yield and what your definition of worthwhile is.
My definition of worthwhile is a few k a year to begin with. 5% yield, 2k a year I would need £40,000 portfolio. Far easier said than done. The 2k thing would be reinvested each year. Ideally eventually you would dividend income and other cash flow paying all of your expenses so you are financially free. I'm going to target: Warehouse/industrial REITs (depending on price, no research done on price yet, just a trend I think will happen) Utility stocks Mining stocks (not gold) Medical stocks (need more research here but the world population is ageing, especially in Europe/USA) Food producers 1-2 very carefully chosen retailers. (I have one in mind which I won't name! That stock is annoyingly up 3.3% since I decided it was a buy. I need a better job!) |
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Is retail safe?
I was thinking of doing a speculative portfolio as in try and predict where the country will be in a decade and buy stocks to suit that. |
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Any retailer which relies on selling luxury or expensive goods is one to avoid in my opinion but there are some things we all need even in a recession or worse.
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Well that's wrong you better do your research again.
Take the supermarkets since 2009 the recession has helped stores like aldi increase market share. But a store that has always been regarded as expensive (waitrose) has also increased. Recessions may hurt many people but they also make others richer. Don't write off luxury brands |
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I'd love to know the retail stock you have in mind j2 pm it.
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There seems to be some confusion about what I meant. It also seems to be my fault because I can see how you got there. I didn't mean luxury brands like Waitrose or Ferrari etc. I am fully aware that sales of luxury cars/yachts etc have gone up and i'm also aware Waitrose is thriving. I live in Ipswich where they have opened a large Waitrose next to a large John Lewis (you can go into either shop and be in both shops, it's cleverly done). This local Waitrose is thriving and they plan on using the same style development in future based on the Ipswich model.
What I meant by luxuries was in the context of a bad recession/depression which I should have mentioned. So in the context luxuries was anything that isn't a basic need such as food, water, heat, light, petrol to get to work etc. All I meant was that I could see people tightening the purse strings and that high street retailers, like Argos, to take a completely random example would be something I steer clear of. The stock in question is now up 4% on when I identified it. I won't be buying unless it drops down a bit. My strategy is future trends combined with good priced 'safe' stocks which will always have demand. This stock has made some very good decisions in the last year or so and looks very strong to me. Not willing to say any more. Oh and by the way, regardless of some luxury brands showing strong sales, I still wouldn't buy them and since this game is a matter of opinion I don't see how I can be 'wrong' because of that. The rich will get richer, I agree, I still don't look on brands like Wairose as safe investments though. |
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That's lucky as you can't buy shares in them anyway!!
Yes I misunderstood your meaning of luxury. One thing I am looking at long term is land. The bigger populations get the more pressure will be to develope for living and feeding. |
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And I did put it badly too as was not having a go at your personal choices.
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No problem.
Those damn shares are up 7% now. |
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9.77% f*#k sake.
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Now up 12.3% and pays 4% yield. Instead I went for these which have dropped 13.7%. Damn it.
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Go on j2 what was it?
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Sainsburys??
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Tesco.
Had about 10 solid reasons to buy them. Missed the boat. |
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Unlucky.
Best not to dwell on it. Like the look of sainsburies. I have a few thousand shares in John Lewis partnership and they have done well this year so think I'll add more next year. My worry with tesco is the USA operation, bad move. |
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They are getting out of USA and Japan.
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Very good. You not going to buy? What did you decide on instead?
I think some of the other supermarkets are building a better rep than tescos now have. |
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Tesco will get back the lost ground in my opinion. They have a lot going for them.
I didn't buy anything in the end. Just waiting on the sidelines. |
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herencia cruising along nicely at 0.4p
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I bought Tesco shares today when they fell to 364p.
Got 3 more on my buy list. If HER falls any more I might top up to 50,000-100,000 from my current tiny holding of 23,635. |
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I'd avoid her lol.
Build a safe holding first. |
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Next on my buy list is actually another one under 1p. After that I will go for some safer ones. There's several I want based on what I think the future trends will be.
We should have a thread where we post what we hold and post every time we buy or sell something. Would be interesting to bounce ideas. |
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Not a bad idea j2.
I'm looking at doing a long term holding for my daughter. A few dividend payers mixed with some cheaper shares with potential. To be honest her or any low share could go wrong but could also be a big pay day. You gotta be in it o win it lol. |
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Agreed, just bought a small amount of Fastjet shares. 1p each.
It's quite funny how i'm now spending pretty much all of my disposable income on this! It beats the hell out of wasting it. Now own: HER TSCO FJET |
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It's good that you are investing for future I'm now having to invest more after going mad spending as youngster.
Need a happy medium IMO. Great to be saving but everyone needs a life and to have a bit of fun |
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I have at the min
Her Rem (purchased after drink lol terribe move) Snrp My biggest investment is in jlp at the min they are fixed price for employees so won't go up in value but are a tax free way of investing bonuses and the dividends have been good. |
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One thing I have not looked at is the best company to use to buy shares through.
Any recommendations? |
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get on FRR, KEEP FOR 12 MONTHS .
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