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Living off my savings and sharedealing

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  • blinko
    blinko Posts: 2,519 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    i hate XEL i am missing the boat :(

    gonna try encore :)
  • jimjames
    jimjames Posts: 18,697 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    moneylover wrote: »
    I am thinking of dipping a toe into investments as opposed to savings
    Would be interested to hear which magazines and bulletin boards people find useful. Am planning, mainly, to invest in funds and maybe just a few shares that are good for dividends
    Many thanks

    This site is pretty good as is Motley Fool, https://www.fool.co.uk

    Read the articles there and they should give you a basic grounding of what to look for and the different options open to you.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 7 November 2010 at 6:02PM
    Why is it good to buy encore now. I followed it and premier oil since the summer and premier is the top of its range so far as I can tell.
    There was a good lull at the start and a bit of a pullback and then they announced further oil and it kept going up, I figure that was the time if any

    Has anyone worked out the value of XEL based on the oil they have potentially access to
    encore had a 40% price fall the other week that was a nice entry for anyone who saw, not seeing a reasonable point now really especially as I dont know much about them. I did look in July when they hit an old high and fell back, that was the time to buy :/


    Premier oil is related I think, I looked at both because premier was tipped by questor. 1550 or the recent low of 1565 seems a more reasonable price then now which is right at the top of a sequence of highest prices going back to 2006


    Ive tried to illustrate why the price could hesitate a bit here and still be very positive. July was a breakout of several years selling, a bit of a pullback would be nice
    premier.gif
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