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Living off my savings and sharedealing
Comments
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i hate XEL i am missing the boat

gonna try encore
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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.0 -
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 toencore 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
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