A good day to buy some shares?

[saint_stevo]

Seeing as though the country in in disarray?

 

Must be some bargains to be had

[Glasgow_Saint]

Bought some Taylor Wimpey shares 1st thing (good results last week, then elec + Greece effect dragged them down) Realistic sell price 47p......

 

Banks are still on the decline so will wait a while.

 

Target: Barclays 250, Lloyds 49p, BOI 110, RBS 40p

[Doctoroncall]

Seeing as though the country in in disarray?

 

Must be some bargains to be had

 

I was thinking the same, time to do a bit of research.

[Gorgiesaint]

Bought some Taylor Wimpey shares 1st thing (good results last week, then elec + Greece effect dragged them down) Realistic sell price 47p......

 

Banks are still on the decline so will wait a while.

 

Target: Barclays 250, Lloyds 49p, BOI 110, RBS 40p

 

RBS will be a good bet long term - but it will need to be a long term investment. You won't make much of a profit in 12 mths, expect to have your money tied up for 5 years plus.

[Glasgow_Saint]

RBS will be a good bet long term - but it will need to be a long term investment. You won't make much of a profit in 12 mths, expect to have your money tied up for 5 years plus.

 

I wouldn’t wait 5 years - played the movements on RBS a few times last 18 months.

 

I would look to buy at 40 (or below) and sell with 10/15% profit.

 

Not day trading, but 10/15% over a week or two is achievable with volatile shares like RBS.

[Millbrook Saint]

Has anyone ever traded carbon credits, I have heard that there is money to be made but am unsure if it's worthwhile.

[warsash saint]

& you think today we have reached the low point ??? I would think again

 

Bring on that double dip recesession](*,)

[Wade Garrett]

Don't go long on pork bellies.

[Draino76]

Why don't you buy a book on technical analysis (charting)? Or even check out http://www.slopeofhope.com . http://www.zerohedge.com for (cynical) info about whats happening in the world.

 

This information probably even beats my Twirl thread IMO.

[Trader]

Forget shares, and bonds - its going to get ugly again.

 

Buy physical gold and stick it under the bed.

 

HTH

[Jillyanne]

Don't go long on pork bellies.

 

Lol.

[RonManager]

Toilet Roll shares have touched a new bottom.

[Tractor_Saint]

Pfizer's on the up

Edited 11 May, 2010 by Tractor_Saint
Changed from the obvious product to Pfizer instead!

[dune]

It's a stupid time to buy shares with bullion markets showing increased buoyancy this past week. When the markets look iffy Gold is the safe haven and with the troubles in Euroland the moves towards gold idicate we could be heading for the second dip.

 

Put your money into Silver though as it has long been undervalued. It's shot up again today to $19.5 and due to depleteing resources it'll continue to rise in value.

 

I predict that in the not to distant future Silver will be trading at $50.

Edited 12 May, 2010 by dune

[dune]

Forget shares, and bonds - its going to get ugly again.

 

Buy physical gold and stick it under the bed.

 

HTH

 

You don't have to buy physical presious metals, you can buy into the market. Personally I do buy the physical stuff and have picked up some right bargains and made a fair few mistakes whilst I was learning! It's simply a case of learning the true market worth and then paying less than that. Ebay is one option, but the bargains are very few and far between because of the huge competition. The only bargains to be had on there are if you get lucky in the "buy it now" "newly listed" category because you get the odd muppet putting silver items for sale without having a clue about the true value. I recently bought a William IV creamer for £10+£2 postage and sold it for £10o - but was very lucky to be on at the right time as i snapped it up 30 secs after it was listed. Low end antiques shops, auctions and the good old car boot sales are the place to find those bargains if you know what you're looking for and know how the hallmarking system works.

[OldNick]

You don't have to buy physical presious metals, you can buy into the market. Personally I do buy the physical stuff and have picked up some right bargains and made a fair few mistakes whilst I was learning! It's simply a case of learning the true market worth and then paying less than that. Ebay is one option, but the bargains are very few and far between because of the huge competition. The only bargains to be had on there are if you get lucky in the "buy it now" "newly listed" category because you get the odd muppet putting silver items for sale without having a clue about the true value. I recently bought a William IV creamer for £10+£2 postage and sold it for £10o - but was very lucky to be on at the right time as i snapped it up 30 secs after it was listed. Low end antiques shops, auctions and the good old car boot sales are the place to find those bargains if you know what you're looking for and know how the hallmarking system works.

Interesting post.

low end antiques shops!!Do you know of any Dune? Lol.

Auctions are viewed by at least a hundred professionals/experienced buyers. It is not the place to be too adventurous. Those damned tv programmes really dont show the truth of the market.

Auctions are a place where they are waiting for fools or inexperienced punters to start to bid.

Car boot sales (again be wary) jumble sales , charity shops , or junk shops (not many left)are not a bad place to start.

Remember your biggest danger is always your own arrogance/belief you know more than who you are buying from or are competing against you.

Many a bad buy has been had by not reckoning the sellers knowledge or honesty

[hamster]

You don't have to buy physical presious metals, you can buy into the market. Personally I do buy the physical stuff and have picked up some right bargains and made a fair few mistakes whilst I was learning! It's simply a case of learning the true market worth and then paying less than that. Ebay is one option, but the bargains are very few and far between because of the huge competition. The only bargains to be had on there are if you get lucky in the "buy it now" "newly listed" category because you get the odd muppet putting silver items for sale without having a clue about the true value. I recently bought a William IV creamer for £10+£2 postage and sold it for £10o - but was very lucky to be on at the right time as i snapped it up 30 secs after it was listed. Low end antiques shops, auctions and the good old car boot sales are the place to find those bargains if you know what you're looking for and know how the hallmarking system works.

 

 

Weedon? I'm passing through next week.

 

fwiw I believe that property is where people need to be right now. If anyone can downsize and use their surplus to buy the right place they will not regret it.

 

I've been chatting to a few estate agents over the past couple of weeks and although they tend to lie like a cheap watch, I have also been (amateuristically) watching certain property markets. The houses that are shifting quickly right now are in the 250-300k band. This is imho a bracket that does not historically kick-start the market but (again imho) there are some out there who are quite desperate for a move to a bigger house.

 

The sort of place that me and mrs h are after has grown almost beyond us, but large family homes (3/4 beds) are staying relatively low. On top of that there are not that many coming to market, hence they are moving quickly. Within 100 yards of where I live 3 have sold in less than 4 weeks.

 

I predict that in 12-18 months, once the first time buyers get on board, the knock on effect will be that families that have been desperate for that extra bedroom will be clamouring for them and paying as much as they have to to seal the deal early doors.

 

Just my opinion.

[OldNick]

Weedon? I'm passing through next week.

 

fwiw I believe that property is where people need to be right now. If anyone can downsize and use their surplus to buy the right place they will not regret it.

 

I've been chatting to a few estate agents over the past couple of weeks and although they tend to lie like a cheap watch, I have also been (amateuristically) watching certain property markets. The houses that are shifting quickly right now are in the 250-300k band. This is imho a bracket that does not historically kick-start the market but (again imho) there are some out there who are quite desperate for a move to a bigger house.

 

The sort of place that me and mrs h are after has grown almost beyond us, but large family homes (3/4 beds) are staying relatively low. On top of that there are not that many coming to market, hence they are moving quickly. Within 100 yards of where I live 3 have sold in less than 4 weeks.

 

I predict that in 12-18 months, once the first time buyers get on board, the knock on effect will be that families that have been desperate for that extra bedroom will be clamouring for them and paying as much as they have to to seal the deal early doors.

 

Just my opinion.

we sold up and are waiting for an opportunity. It is frustrating waiting but prices are high due to a lack of supply. Very few are coming up and os prices are holding firm. If inflation does take hold and interest rates go up, you may well see things change to the negative.

Another reason for houses keeping their value is the buy to lets, people trying to get a decent return on their money are buying these and hoping to get a return

[hamster]

we sold up and are waiting for an opportunity. It is frustrating waiting but prices are high due to a lack of supply. Very few are coming up and os prices are holding firm. If inflation does take hold and interest rates go up, you may well see things change to the negative.

Another reason for houses keeping their value is the buy to lets, people trying to get a decent return on their money are buying these and hoping to get a return

 

Ah, Buy To Lets. We had one a few years back and it outperformed anything I have had before or since, I think that we also got out at just the right time (for us) as from what i can see it's pretty tough (unless you are whacking a massive deposit down) to get one to pay for itself.

 

Ours just about kept it's head above water in spite of a couple of unexpected largish outlays, the leaseholders management company also tried to charge us for inspections that we knew had simply not taken place! When we decided to cash in we found that it had almost doubled in value. Kerching - own mortgage slashed overnight and part time hours for the both of us.

 

With entry level houses I feel that youngsters are not as demanding as those with growing family needs. They tend to be led by shiny kitchens and the smell of paint. Obviously as massive generelaistion but a fair one in many cases. The growing family who have perhaps been renting or have bought too small a property will be a lot more choosy; room sizes, number of wc's, off road parking, gardens, schools etc etc. hence the occasional clamour for 'proper' houses every now and then.

 

There can be no doubt that people have stayed put for much longer thatn they'd have anticipated and for this reason I think (and dearly hope) that 4/5 bed detached houses with 130' gardens and off road parking for 3 cars, shed, workshop, (2-storey) wendy house, summer house, 2 bathrooms plus 1 cloakroom, laundry room, brand new kitchen, 3 lounges, study, 30 sq m. decking, loft and wall insulation and a shaver point will be deemed desireable. the mr and mrs h will be off to the sunny kent coast to retire (well sort of).

 

nick, I'm just trying to stir the market up tbh, but do have a feeling in my water that the property market is about to find a new level and I know from our searches that their are some genuine bargains to be had RIGHT NOW.

[buctootim]

Has anyone ever traded carbon credits, I have heard that there is money to be made but am unsure if it's worthwhile.

 

I wouldnt do it until the government and the EU sort the supply side out. Too many unknowns at the moments to make it anything more than a total gamble.

[dune]

Interesting post.

low end antiques shops!!Do you know of any Dune? Lol.

Auctions are viewed by at least a hundred professionals/experienced buyers. It is not the place to be too adventurous. Those damned tv programmes really dont show the truth of the market.

Auctions are a place where they are waiting for fools or inexperienced punters to start to bid.

Car boot sales (again be wary) jumble sales , charity shops , or junk shops (not many left)are not a bad place to start.

Remember your biggest danger is always your own arrogance/belief you know more than who you are buying from or are competing against you.

Many a bad buy has been had by not reckoning the sellers knowledge or honesty

 

Apparently theres a few junk shops around Wiltshire, but it's mostly just tat.

 

I hear what you're saying Nick and 9 times out of 10 I see stuff i'm interested in but i'm a bit of a scrooge now and won't pay above the intrinsic value/what I know it's worth. There are plenty of bargains out there but you do need to be patient and not be fooled. I'm now an expert in a certain specific area having a read a book lol - joking aside I am pretty **** hot in the area I specialise in and know what i'm looking for i.e uncompromising perfection which is not common, but equally not rare. The sellers honesty and knowledge is irrelevent as far as i'm concerned if I stick to my area because I know exactly what i'm looking for and I don't even look at the description they give because I know what period it is due the evolving nature of how things were done. I was very tempted by a George I (1724) piece I saw yesterday but it wasn't perfect and the price was a little steep in lieu of this, it was up at £97 so maybe £85 after haggling and even then it was only worth half that so the search goes on.