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Sainsbury's Share save

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  • JasonW_2
    JasonW_2 Posts: 705 Forumite
    I joined the trinity mirror sharesave scheme in 2002, bought shares @ £100/m for 3 years so £3600 in. Option price was 314p and watched them climb to over 700p... but slid back down to 550p. In december I sold them for just over 7k which is a 100% profit with the bonuses and the then price of 630p so literally doubling my money. If you can afford to pay into it it's well worth doing.

    J
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    i have two sharesaves schemes - i don't see the money ever as its taken out my salary

    and i just gained some money from buying and selling on same day
  • tee_pee_2
    tee_pee_2 Posts: 1,674 Forumite
    i have just finished one with asda and waiting for my cheque I did £20 4 wkly for 3 yrs so invested £780 I will post what i get so someone clever ( not me) can work out if it is worth you doing.

    HTH
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I would recommend that you do it! Put in the maximum that you can afford.
    It is taken out of your pay before you get it so after a couple of months you don't miss it so much!
    The worst case scenario is that you get back all of your capital with a little bit of interest. The best case scenario have been highlighted in above posts.
    Go for it!
  • scheming_gypsy
    scheming_gypsy Posts: 18,410 Forumite
    i'm doing 2 at work, 2005 and 2006. 2005 buy price is just under a fiver and this years is about £9.12. £50 a month on each and prices now are... £14.78 although that's quite low as they're usually around £15+ ad expected to rise to around £20 by the end of this year.
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