UK Stockmarket 2009 and beyond

uk_steve

Tony i have big cash injection from my btl remortgage in the next week or two
(actually its going to be the 1st mortgage on the buy to let since purchased 4 years ago) i have taken out about 60% from todays house estimated value of 170k
(so its about 100k)

i am mad / brave enough to inject the Whole money into the stock market IF i see the tide change again this year going downwards on some shares i have had before or new news comes to light on other stocks

if not i re buy another BTL with it near x-mas time / Jan 2010

(Time will tell what i do with it)


maybe i could do Mthly updates as im going along if i do put all the money into the stock market?!?!?!? abit like the other guy did when he purchased 200k of LLoyds shares

hopefully i have a better run then him:eek:


if i do invest into the stock market this year

in an ideal world be nice to times two the original stake and then re invest into property market 2010/2011



if it goes pear shape i have other investments which will soak up the lose over a period of 10 years so i be dented but not end of the world for me

tonygee_3

Hi steve,
I am reluctant to sell(IPF) at moment yields around 6% for me and hopefully go bit higher.
Much prefer equities than property,the next property boom wont be till at least 2020 although should be pretty stable till then
Exercise caution with equities for next 3 years,only buy in drops,and spread your risk

uk_steve

tonygee wrote: »

Hi steve,
I am reluctant to sell(IPF) at moment yields around 6% for me and hopefully go bit higher.
Much prefer equities than property,the next property boom wont be till at least 2020 although should be pretty stable till then
Exercise caution with equities for next 3 years,only buy in drops,and spread your risk

I have estimated 2017-2019 for the property turnaround myself

we not too far apart on that

totally understand on the stocks about the spread

i am going to be very picky (maybe too picky to even invest maybe)

lets see what happens;)

tonygee_3

Well done kittie,
Agree,rise overdone should turn soon.
Looked at EMED,bit of a gambler inside you;),could lose the lot or do very well there.

tonygee_3

EMED announces placing,shares largely unchanged,encouraging
REX hasnt fallen far enough for me
Thanks sabre for putting up charts(PTEC)wouldnt know where to start
Hoping for a quick 20% suspect £4+ shortly

sabretoothtigger

3m market cap, yea thats crazy. Why is there a reason to buy especially.
If I was going to gamble I would take an oil explorer in north iraq under the kurds, negotiation there is in the news presently. I think heritage oil has found some new oil field there?

emed wrote:

Major Shareholders

Notifier** Holding Value*
Oxiana Limited 23,239,000 £1,888,169
Resource Capital Funds 21,482,667 £1,745,467
Altima Partners 13,325,000 £1,082,656
RMB Australia Limited 10,232,902 £831,423
Fidelity International Limited 10,095,000 £820,219

Cooper and gold miner EMED Mining has conditionally placed 38.1m new ordinary shares at an issue price of 7.5p each to raise £2.9m.

The proceeds of the placing will allow the group to expand permitting activities at the Proyecto de Rio Tinto project in Andaluc!a, Spain. It will also be used for the early repayment of the convertible loan with YA Global Investments of approximately £1.4m and fund its on-going drilling programme in Slovakia and for general working capital purposes.

What assets or on going interests does this company actually have I wonder or is it purely exploratory land, sounds a gamble but a decent one at this price?




They mention TT's fib level here:

http://blog.stocktwits.com/2009/07/the-best-of-chartlys-weekend-charts-72609/







I accidentally read IPF as ISF which is just a plain ftse100 tracker and wondered why you had that especially :laugh:. Ive been thinking about the ftse250, this index appears so much better long term or short term even.

For example its risen 25% this year vs -5% for the ftse 100. It did not reach new lows in March, there is a good argument for favouring this over the more convential trackers. For proper growth this is the part of the uk thats worth having I think


Added XMCX to watchlist. unlike an allshare tracker, I think it exclusively follows mid capitalised companies so is not dominated by hsbc and vodafone, etc


http://www.dbxtrackers.co.uk/EN/showpage.asp?pageid=143&inrnr=157&pkpnr=198&stinvtyp=

Its likely more volatile so caveat emptor

gfplux

hello UK_Steve

If you put all that re mortgage money into the market I hope you will do the monthly updates.
I will certainly be on this board with any news I have of my action or inaction.

Sabretoothtigger - having only 15% in "the market" I would really love to drip feed more in, but I will be sitting on my hands (lying on a beach) until Mid September

sabretoothtigger

You decided to take 15% of your previous 30% out then? Sounds like your hands are tied, no bad thing most likely, have a good holiday

Going on my own mistakes/experience I think that its best to have something left for the unexpected.

Mortgage money in shares is a bad idea to me but if you put in on a regular basis its got a much better chance then a one off buy or guess


Like the example of that lloyds guy buying last summer, imagine he had split his money 12 ways and bought over a year instead. Maybe there is a bond which does this?

He would have made a profit by now I bet. He could have traded on scale, £1000 in 300p and then £10000 in at 33p Very risky but its more in proportion and likely to make a profit

That guy wasnt stupid at all, but it was bad risk management which is all it takes to lose it.

Is the mortgage at fixed rate for more then 5 years?

I have cancelled my limit buy for GSK. I have again spent the lot this morning eg added to one of my oils

I do feel this market shouldnt rise but I support you moving the money sideways instead to more deserving causes

I often wish I had done this when I had doubts and sold something (and stayed in cash). Ive done well in past from selling stocks to transfer it sideways. Like I sold BB to buy SL just because I thought the IPO had more potential not because I had any idea what was going to happen to BB, just that they had done well enough allready and the money was better used elsewhere for now

tradetime

Agree ST, risk management is an often overlooked component of trading.

Market continues to demonstrate an upward bias, although somewhat laboured. Volume remains light. The morning session (US) had a downward bias but speculative sellers seem wary, myself included, in the short term I look for long opportunities until this market signals otherwise. Nasdaq was a laggard today, all major US indices are short term overbought Prior resistance at 956 - 960 should now provide support, next target remains for me at 1014 S&P
A 5% rise on the VIX today suggests there is still some nervousness lurking under the surface.

uk_steve

sabretoothtigger wrote: »

You decided to take 15% of your previous 30% out then? Sounds like your hands are tied, no bad thing most likely, have a good holiday

Going on my own mistakes/experience I think that its best to have something left for the unexpected.

Mortgage money in shares is a bad idea to me but if you put in on a regular basis its got a much better chance then a one off buy or guess


Like the example of that lloyds guy buying last summer, imagine he had split his money 12 ways and bought over a year instead. Maybe there is a bond which does this?

He would have made a profit by now I bet. He could have traded on scale, £1000 in 300p and then £10000 in at 33p Very risky but its more in proportion and likely to make a profit

That guy wasnt stupid at all, but it was bad risk management which is all it takes to lose it.

Is the mortgage at fixed rate for more then 5 years?

Hi sabretoothtigger

it’s not my only property to my name


The mortgage is from 1 of my BTL not my main resident home

The BTL is going to be fixed for 3 years @ £440 pcm

Current tenant

I get £525 after fees and rent protection insurance ,I always rent my property’s Under the recommended rent from Estate agents example they say its a £675 a Mth (so I do it @ £600 Per Mth) (it keeps the tenant happy because its good value and I find it keeps them longer)
I also have a pot of £3k if anything is needed for that property

(the main reason I decided to take the mortgage I don’t use the money on any of my BTL Property’s I purely do it for my future and basically the rent money is getting taxed and its not tax efficient for what I need to do and don’t rely on its rent for me so i dont want the tax man having free money each mth! he can have his lump when i sell in years to come;)

I also have another property which clears £250 Per Mth after its mortgage and fees and rent protection insurance are paid up
Also a pot of 3k if anything is needed on that property

I also have a 3 story building which I have just purchased @ auction in the last 2 mths (With No Mortgage) I am just in the process of change of use to x3 flats, also have a pot of 60k for the work to go ahead if the council approves my application for the 3 flats

If approved estimated rent after the rent protection fees etc
x1 £250 x1 £300 x1 £350 = 900pcm

If it stays as a commercial building = £300 pcm rent
if it stays a commercial building the work is not going to be 60k it is much less so I have more cash funds


Also I like to add my main residents is with no Mortgage

Hopefully you get a picture I am in a pretty good position to absorb the money if it goes wrong (i just feel and have the believe i could do this IF
the stocks dip back after this upside we are seeing)



away from this my partner takes home about £1500 per mth after tax

we both also get £600 after tax between us on top of the £1500




thats being totally transparent