Will you be buying shares in Lloyds TSB?

ian-d

Given all the bad news surround Lloyds at the moment which has resulted in such a heavy drop in the stock market, will you or have you bought some shares?

Just trying to decide whether to take the chance or not, I can't see them being completely nationalised, surely!!!

I'm a stock market novice so it would just be a shot in the dark to be honest, but am prepared to lose what I put in, but was hoping for a nice return instead, either over a few weeks, months or years.

Any thoughts?

Buddy195

ian-d wrote: »

Given all the bad news surround Lloyds at the moment which has resulted in such a heavy drop in the stock market, will you or have you bought some shares?

Just trying to decide whether to take the chance or not, I can't see them being completely nationalised, surely!!!

I'm a stock market novice so it would just be a shot in the dark to be honest, but am prepared to lose what I put in, but was hoping for a nice return instead, either over a few weeks, months or years.

Any thoughts?

I bought 1000 shares today. Will hope they reach over £1 by the end of the year, but if not is money I didn't have as profit from Barclays.
I think if there's no more sudden doom and gloom news the price should go up. Lloyds used to be very good investment, bank didn't take risks and viewed as solid rather than spectacular...

bilbo_2

LLoydstsb are the worst of the big banks in my opinion

Worst customer service

Bad products

No customer Loyalty

All in all a very very poor outfit

melbury

I bought 1000 shares on Friday about 5 mins before the stockmarket closed. Then woke up Saturday only to hear that "nationalization" word being bandied about, which was a bit of a shock. I really thought they would dive to almost nothing today, but luckily not too bad at all. So fingers crossed they will keep climbing.

I have banked with Lloyds all my life and the manager at our local branch told me last year that they hadn't done the bad investing thing that the other banks had. I was even thinking about buying some shares in them then at over £4 per share:eek:

sheslookinhot

Remember those who piled into Northern Rock ?

melbury

sheslookinhot wrote: »

Remember those who piled into Northern Rock ?

Speculate to accumulate:D

freddysmith

melbury wrote: »

Speculate to accumulate:D

Thats what the Banks were doing and now look at them.

If its a bit of fun money, why not.

melbury

freddysmith wrote: »

Thats what the Banks were doing and now look at them.

If its a bit of fun money, why not.

No fear that I will be speculating on their scale:D

Stavros_3

Shares in a single company are High Risk. Shares in a UK bank are High+ risk. But if you can afford to lose the money, have no fear, then go for it. You could either be quids in as banks are soo cheap or quids out. This one is a pure gamble, a bit like putting your chips on Red or Black on a roulette wheel.

unhealthyman

melbury wrote: »

I have banked with Lloyds all my life and the manager at our local branch told me last year that they hadn't done the bad investing thing that the other banks had. I was even thinking about buying some shares in them then at over £4 per share:eek:

To be fair, Lloyds seem to have been a lot more sensible than a lot of other banks and had a relatively good year. Apart from buying HBOS, which has totally junked their shares for the moment.

tessie_bear

im sure there was a similar thread to this debating wether to buy b and b share just before they went pear shaped....i hope buying works out for the people who have but i wouldnt