Why not post your recommendations in the thread - tis relevant to the discussion
Im not sure it is exactly, unless we're talking about WMH IGG LCG PMY WSPR 888 as share investments, all maybe worth looking at. Its classed as gambling, it involves a lot of risk probably best done over email as mostly I would recommend amateurs stick to unleveraged most of the time as I do. SB is expensive
I use them to trade the edges of a holding, anyone investing five figure sums could go to interactive brokers or similar and get good real time services. I skimp and spreadbet instead.
Biggest advantage is tax free status I think, but many just use an isa to get that
All I sent to Russ was what I found best, which company and I offered to refer him to another guy who will charge for some tutoring.
Better off reading
http://nakedtrader.co.uk/FAQ.htm then anything I say
I sold HDY yesterday and its up a lot today, doh. Looking for it to top at 244 so I dont feel sick.
I transferred the money over to BP as its related. People smearing themselves with oil at the AGM could be a nadir, of sorts anyway
I think HDY had ok cashflow and maybe good prospects but it was a failure for me, 7% + gain over 18 months pocketmoney, cant complain though
BP is better cashflow, better everything most likely under storm clouds for maybe a long time though
Decided not to do HOC but ANTO instead. They give 5% div soon and also likely to continue well enough to justify it. The div will pay out this years entire earnings, why dont they always do this. Anyhow I think they will earn this money back again, I dont think they will fall but others do
ie. Goldman
Sachs.
, look at BCS also which is basically lehmans v.2
GS BCS JPM all related as global investment banking and related to dollar and usa politics I guess
I'll post up my chart based view later. JPM pays a nice dividend I think, pity I cant really see myself buying any but maybe that is cheaper/nicer to buy
Investment banking relys on government policys I think, its complicated?
They rely on low rates, on these strange bond sales and QE fiscal voodoo. They borrow cheap dollars and spread it around, any rise in dollar cost hurts them like cheap finance hurt Northern Rock, Barc is volatile for good reason
Mostly its beyond my reckoning, my guess Barc is ok at this price. The range is 250 to 390. Buy more below 300 and sell off towards 330 and above - to scale & in proportion.
Ive been buying more lloyds recently, wouldnt mind a larger holding but they keep staying above 60. We need a crisis
Irish default comment is here:
http://www.irishtimes.com/newspaper/ireland/2011/0414/1224294668831.html
Glencore is a business we should all be interested in – and far greater transparency is now required. On the day it joins the stock market, it will rocket
straight into the FTSE-100 index using the "fast entry rule" which allows a company with a market value equal to more than 1% of the FT All-Share Index to avoid the wait for the usual quarterly review. It will be only the third time the fast entry rule has been used – and the
first time in 25 years. At that point, however, pension funds and index trackers will be forced to pile into the shares and millions of us will own a slice of this hitherto secretive business.
Will we get to buy any
First time in nearly 3 decades, that sums up overall the dynamic events continually occurring now imo
