Last Share you Bought?

Sabre I'd be interested in finding such funds but most have words similar to "a portfolio primarily made up of the shares". And would there not be major repercussions if they lost money only for investors to discover the Japan Fund was not invested in Japan

But back to topic. BP have almost hit £4 and despite my quiting the market a bit I feel these may be well protected from the Euro. Anyone else think £4 looks cheap even if the markets fall another 10% ?

Sadly despite touting it for months I missed the boat with de la Rue. Although I got my 5% out of Tesco and Lloyds I'd have done better there

Sabre what sort of spread are you getting these days on a 4p share? I haven't dealt down there for years but I remember buying an 11p African Mine years ago and it cost 17p :rotfl:

JoeCrystal wrote: »

EDIT: Whoops, I did not know you was addressing sabretoothtigger, my bad

Joe your input is as welcome as the flowers in May as my mum would say. Very interesting :beer:

Just had a punt on Lamprell. Down 60% due to logistics but the board seem to be in control.

Yes I know it is gambling and not investing but I fancied a bit of fun today. Any one else into Lamprell???

:beer:

In Lamprell I lasted 1 hour and 2 minutes (then lost my nerve :eek:). Never done this before. Probably not recommended but what fun :DAnd better odds than the geegees in Ladbrokes I'm sure. Made £111 so lunch in the pub with a few pints today :beer:

ps I have had a quick look a Lamprell and think I may do some serious research and consider them. Haven't been into any big engineering before and I love recovery stocks.

Any I'm no big player but I cannot trade in shares in less than £2000 lumps as the percentage expenses are much higher the smaller the amounts you go for.

As a budget assume £40 to buy, sell, stamp duty and spread. So on that basis a punt of £400 would have 10% costs.

I'd suggest you look for a more economical approach until you build funds. There are schemes where you pay in your £200 a month and buy shares at very good rates. This means over a couple of years you will have a small portfolio to play with.

You can choose the shares but they are bought on a certain day of the month so you do not get to pick the best time to buy. That said buying monthly evens out the troughs and peaks - a very good thing at the moment.

Have a look around the threads here and perhaps iii and Halifax.

No doubt others can suggest other options.

:beer: