How do you guage when to sell/switch?

Thrugelmir

srcandas wrote: »

Just one example but take the Tesco advice given by various analysts that it represents a good longterm growth opportunity. We are much more than 6 months on and the shares have not responsded. yet. Six months should be time enough for anyone to make a decision;)

Most likely related to this.

Tesco likely to quit USA

http://prod-euronews.euronews.net/2012/12/05/tesco-likely-to-quit-usa/

srcandas

Thrugelmir wrote: »

Most likely related to this.

Tesco likely to quit USA

http://prod-euronews.euronews.net/2012/12/05/tesco-likely-to-quit-usa/

Yup certainly looks as though strong management are sorting the issues. I know of lot of people here were into Tescos at £3.00 up to £3.40 (current price) based on a certain famous investor's recommendation and I reckon they won't be dissappointed. But time will tell.

But the point is that even after the recommendation and new management strategy there were month's to get in at well below £3.20 and now the rewards are coming. It didn't happen over night and only if you believe the markets know everything before us normal punters (and insider trading is rife) would you expect that to be the case

Nine_Lives

Maybe one for another topic, but something on the back of what dunstonh said...


When do you see the 'end of the world' ending? By that i mean all the terrible interest rates & talk of recession etc.

I'm 29. I don't remember the last time there was talk like this. I remember when i started getting into banking i could leave £10k on my current account with Nationwide & expect what to me was a reasonable return in interest. It was only afterwards i learned about interest rates etc. They're so low now, but once upon a time they were quite tasty.

Just wonder when you envisage the 'good times' returning? For those older than me, how long did the last 'end of the world' last for?

Ifts

srcandas wrote: »

I know of lot of people here were into Tescos at £3.00 up to £3.40 (current price) based on a certain famous investor's recommendation and I reckon they won't be dissappointed. But time will tell.

Since then I've sold and took profits on Tesco shares and bought again on the dips a few times now. Also collected the final divi back in July, interim divi due this month.

If you got in close to the £3 mark and just held them, even without SP growth they were worth it just for the dividend, better return than leaving the money in a savings account.

cos_2

When to switch? Honestly, not a clue.

I've some money in shares and half the time they go over the FTSE100, half the time below (well, to be honest, more below ). I've also invested in Jupiter Merlin Balanced Portfolio Acc and spend half my time cheering and the rest trying to work out a better deal!

At the moment, Jupiter Merlin Balanced Portfolio Acc for me is up around 8% over nearly a year, but initial purchase costs take that down to 3%. It's in an ISA so no worries about tax.

But it goes up and down like a fiddler's elbow and I'm always getting worried when it dips to a loss (and then jumps into positive territory again, of course!).

So, I've decided to stop checking values every half hour (well, I probably still will, but try to ignore them) and review after every couple of months. If I see a very clear trend, up or down, then I'll buy or bail. Otherwise, in the words of REM's Everybody Hurts . . . . . . .hang on.

Thrugelmir

Nine_Lives wrote: »

Just wonder when you envisage the 'good times' returning? For those older than me, how long did the last 'end of the world' last for?

Rapidly rising house prices and an economy built on debt don't equate to good times to me. You are experiencing a piece of history that may never be seen again. As the consequences and resolution are far from clear.

Glen_Clark

Thrugelmir wrote: »

Rapidly rising house prices and an economy built on debt don't equate to good times to me. You are experiencing a piece of history that may never be seen again. As the consequences and resolution are far from clear.

Especially when its based on restricting building and printing money to force up house prices and create the illusion of wealth.

Nine_Lives

Thrugelmir wrote: »

Rapidly rising house prices and an economy built on debt don't equate to good times to me.

At the same time, cuts that are everywhere, left right & centre, everything going up in price apart from the mans payslip (should probably replace mans for peoples for the easily offended) also doesn't equate to good times.

So, what are your 'good times' then? Question more likely is in that case - do good times even exist?

coastline

Nine_Lives wrote: »

At the same time, cuts that are everywhere, left right & centre, everything going up in price apart from the mans payslip (should probably replace mans for peoples for the easily offended) also doesn't equate to good times.

So, what are your 'good times' then? Question more likely is in that case - do good times even exist?

Theres no good times for the majority of the UK workers...its all a myth created by politicians...
Think about it...you get a job ...inflation goes up....you hopefully get a pay rise to compensate.
Of course you can get a better job...promotion etc...but for the majority they are on reasonably fixed wages...eg postman fireman civil service...the list is endless...
You've got to create your own luck somehow and be happy.