Investing £70k tomorrow!!!

blinko

im looking to get in GKP, not sure if i missed the boat on SXX currently in BMR look at ARQ

well done bobby !! have you had any bad trades

feesarefare

blinko wrote: »

im looking to get in GKP, not sure if i missed the boat on SXX currently in BMR look at ARQ

well done bobby !! have you had any bad trades

Well if you have please start a new thread!!!

Theres enough of this sh*te on "the 2009 and beyond" thread without bringing it here

Thanking you in advance:D

blinko

yeah i dont plan on it, i probably wont invest in anything new till jan, you should see some of the bb out there full of crap it winds me up massively people posting all abroard the triain like children in an playground ggrrr

feesarefare

blinko wrote: »

yeah i dont plan on it,

Cheers!:beer:

mike88

I am sceptical about the size of these gains. Some people, (present company excepted) are perfectly happy to discuss their gains but fail to mention their losses thereby seriously giving false impressions to novice investors in particular. It is of course possible to make money. AIM shares in the late 90's for example went up in value exponentially over a very short period. But they can go down as quickly as they go up so buy at the wrong time and you are stuffed. The original poster would be crazy to follow such a path although his absence from here suggests that he has followed the ludicrous advice of his commission focussed bank.

I recall that one of my holdings - E-Capital - was bought at a very low price then increased several fold over a couple of weeks valuing my shares at around £10,000. When I came to sell I received the princely sum after fees of £12. That was an excellent learning experience for me. Investing is not only about what to buy it is equally important to know when to sell.

slinga

I bought Fid Special Sits back in 1987 or around then.
Can't recall my actual investment amount but it was either 1000 or 1500 quid.
Fidelity no longer have records available to me and I didn't keep my own or have lost them.
The value is now about 45k.
It was once up to about 56k.
Not a bad return of about 50 times initial.

bobbyj_2

mike88 plenty of losses here but only small and to be honest you'd have to be a real garbage trader/investor not to have cleaned up this year. Look at the smallcap miners! Nearly as good as the 08 mega recovery and small/midcap oilers! XEL,RKH,NPE/EO. to name just a few that have multibagged. I can't see the same gains for most next year mind though i'm very confident in the three stocks i'm accumulating.

mike88

My point is that a gain is only that when the stock or stocks are sold. Paper profits are meaningless. If you have sold your mining shares and banked your profits well done - I mean that. Presumably you now have CGT to pay?

Its those shares that increase in value by huge amounts over short periods I am suspicious about not unit trusts such as Fidelity SS that have increased over a number of years.

blinko

im in a few aim stocks too

XEL and BMR are my top performers

but then again just as easy is it to make profit than it is to lose it, poor DES holders

that whole RNS operation stinks of mis-management

bobbyj_2

mike I tend to get out of stuff pretty quickly after any spike so yes banked loads of profits and yes a huge CGT bill will follow. XEL profits made mainly in ISA ;-) as was CAZA. I've a good list of ISAble mining stocks and many have had astronomical rises - all tax free of course. Unfortunately only 1 of my 3 stocks nailed on for 2011 is ISAble but I'm sure we'll find a few before next year's out.