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National Grid and Utility companies

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Comments

  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    The_pc_tech wrote: »
    Buffet tends to buy when the share hits rock bottom


    Don't believe he times the market. I heard he buys up stock as it falls, so the more it falls the more he buys.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    A_Flock_Of_Sheep wrote: »
    Old mutton chops here already has NG.

    But I see this as an opportunity and got some more.

    Is that smarter investing?

    That said I have a collywobble going on because my two equity income funds have taken a beating since Thursday. Down, down, up and down they have gone.

    17% up since mid Jan. Still a way to go before they are back on normal trends.
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • MoneySaverLog
    MoneySaverLog Posts: 3,232 Forumite
    A_Flock_Of_Sheep wrote: »
    Old mutton chops here already has NG.

    But I see this as an opportunity and got some more.

    Is that smarter investing?

    It's high risk putting your money into single shares. That said, I buy shares in Grid each month though my SIP straight out of gross pay and is the only single share I own.

    Looking on the bright side I should get a few more in June following the recent price drop. :)
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    A_Flock_Of_Sheep wrote: »
    Old mutton chops here already has NG. But I see this as an opportunity and got some more.
    I got some today as well (£7.83)
    A_Flock_Of_Sheep wrote: »
    Is that smarter investing?
    Buying them in January would have been smarter :o
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    no other country in the world has sold its power and water supplies to foreign corporations!!

    Through one of my holdings I indirectly own a stake in Jersey Electricity, TrustPower (New Zealand), Infratil Energy Australia (Australia), New Zealand Oil & Gas (New Zealand), Eastern Water Resources PCL (Thailand) to name a few.

    Investments are out there if you put time into the research.
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Thrugelmir wrote: »
    Through one of my holdings I indirectly own a stake in Jersey Electricity, TrustPower (New Zealand), Infratil Energy Australia (Australia), New Zealand Oil & Gas (New Zealand), Eastern Water Resources PCL (Thailand) to name a few.

    Investments are out there if you put time into the research.

    Care to share what that is through?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • Ifts
    Ifts Posts: 1,960 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker Name Dropper
    MoneySaverLog wrote: »
    Don't believe he times the market. I heard he buys up stock as it falls, so the more it falls the more he buys.

    And sometimes his company buys the whole lot if he really likes it! ;)

    From todays FT:
    MidAmerican Holdings, a Berkshire Hathaway subsidiary on Wednesday agreed to buy NV Energy, a power company serving customers in Nevada, for $5.6 billion, saying the deal would help develop the state’s renewable energy resources
    Never let the perfume of the premium overpower the odour of the risk
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