Is now the time to buy stocks/shares??

EdGasket

Hughesy84 wrote: »

Some shares are simply going with the FTSE

Buy Astra Zeneca shares - you wont even need to keep them for too long, buy around £25 and I bet you they are back at £30+ within a couple of months.

I bought a load at £24.75 earlier today, they are now back at £25.84

AZN have negative tangible assets :eek: If it looks too good to be true; it probably is !

gadgetmind

I spent a few £k on shares over breakfast as there is plenty of value out there and FTSE 100 companies with yields above 5% are worth snapping up when you see them IMO.

rfowler

gadgetmind wrote: »

I spent a few £k on shares over breakfast as there is plenty of value out there and FTSE 100 companies with yields above 5% are worth snapping up when you see them IMO.

Could give us a heads up?

What companies did you invest in?

gadgetmind

rfowler wrote: »

Could give us a heads up?

What companies did you invest in?

I went for BAE Systems, Sainsburys and Royal Dutch Shell (RDSB) however -

1) I already have a portfolio of nearly 20 shares, and these were to compliment my existing sector spread.
2) These were bought for long-term dividend income rather than capital growth.
3) I'd have gone for fags and Tescos instead but my wife refuses to hold either in her portfolio.

BAE are on a 7% forward yield, Sainsbury on 5.5% and RDS on 5.4%.

My portfolio as a whole is currently showing an average of 6.26% if I exclude my capital preservation ITs and my banking preference shares.

This tells me that I'm probably too much of a yield !!!!! and I therefore need some Diageo, Reckitt Benckiser and miners to drag it down, err, sorry, to improve my sector spread.

lvader

Those are more difensive stocks, I'd be looking to buy the more volatile stocks that are seriously down. Gain a quick 20% and then swap them for the Tescos and the likes. If the markets continue to tank at least my gold will continue to shine.

gadgetmind

lvader wrote: »

Those are more difensive stocks, I'd be looking to buy the more volatile stocks that are seriously down. Gain a quick 20% and then swap them for the Tescos and the likes.

Good luck! I've done very well from tech shares but with a LTBH strategy. Short-term trading can work, but you need the skills, tools, and stake.

If the markets continue to tank at least my gold will continue to shine.

I don't hold directly, but have got large sums in Personal Assets Trust (PNL) who hold a fair chunk of bullion. PNL is one of my few holdings to have gained over the last few months and I like their common sense approach.

http://www.patplc.co.uk/secure/documents/meetings/PATLondon2011.pdf

PJC89

Hello

in April i took out over 90% of my money out of a isa investor with halifax which now i see as quite lucky. So i am starting to add to it now but i would rather buy company shares but have never done it beforeand dont know who to invest in. I have see a company in the Falklands 'Argos resources' that caugh my eye. has anyone else looked into this company?
Any advice would be much appreciated.

Thanks

gadgetmind

PJC89 wrote: »

I have see a company in the Falklands 'Argos resources' that caugh my eye. has anyone else looked into this company?

This is very much not an individual stocks advice forum. Try fool.co.uk but expect to receive advice to have a long-term investment plan rather than a short-term high-risk gambling plan.

Did you really take the money out of the ISA rather than selling down equities, and moving to cash and bonds, which we all do from time to time?

DiggerUK

gtub2000 wrote: »

Is the timing right now? markets are down, are shares...sensible long term....

For shares and equities to be sensible, you at least need a booming economy. With, or without, a manufactured boom.

As there are red flags flying due to the headwinds of unemployment, GDP, inflation, and profitability; then what the hell makes you think it a good idea to invest in such zombies. Faith, or denying the bleeding obvious.

I suggest that you study what Mervyn King, Ben Bernanke and Jean-Claude Trichet had to say today.
..._

lvader

Because if you had a booming economy shares would be much more expensive, is it better to buy shares cheaper or more expensive? Average PE is very low at the moment, so stocks are cheap even with earnings taken into account.