Tesco Shares

moneyfoolish

lvader wrote: »

There is nothing wrong with buying some shares in the company you work for through a share purchase scheme. They are generally good value for money. It's about sharing risk and reward and being part of something. You can minimise any risk by selling stright away if it worries you.

Just about the only time I ever made a profit buying equities was through the IBM share purchase scheme when I worked there!!!

IronWolf

Its also a bad idea to own a large amount of shares in the company you work for. As if the company does badly then the chance of redundancy is higher and you can be hit with a double whammy!

blinko

IronWolf wrote: »

Its also a bad idea to own a large amount of shares in the company you work for. As if the company does badly then the chance of redundancy is higher and you can be hit with a double whammy!

unless you work in the finance department in which case it's pretty much risk free, see the below link on how to do it

http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/9014053/Tesco-executive-sold-shares-before-profit-warning.html

atush

We have a massive one about half an hour away and it often seems empty and the car park half full.

My Tesco is always heaving, and I am lucky to find a parking spot.

I agree that savings schemes are generally good. If you have shares that have 'vested' ie you can sell them, do. Invest the proceeds in funds of your liking. Collective investments are less risky. Keep buying the Tesco shares at the discount.

sabretoothtigger

lvader wrote: »

That would make them more valuable than Apple! They are currently worth £53bn. I con't see where the extra valuation is going to come from. What was it worth in 2008? Probably not much more.

Hbos and Lloyds separately were about 100bn or so I think. So I guess we're saying the share price could double, they have alot more shares now so it would add upto the same.
Of course they both paid high dividends back then, so Im not sure how they'll work it but I think its possible they recover.
It might tumble again first though, surely when rates rise its trouble

My sister owns only one share. It is in Abbey National now Santander. She isnt a millionaire on them though.

They are big in South america, they pay a decent dividend unlike the others

Ifts

opinions4u wrote: »

The outcome was a disaster. But it was my own fault.

Blimey someone holding their hands up and taking personal responsibility, fair play you don't see much of that.

Glen_Clark

talexuser wrote: »

Was in a huge Tesco superstore with tons of stock yesterday and could walk around ailes alone.

Is that good or bad?
Shows room for improvement which could be good.
If it was heaving to capacity there may be no room for further improvement.

Bazofts_Revenge

As others have said you really need to diversify. One share holding could be disastrous.

If less than 10K then I would shift it all to an income fund in an ISA.

10- 20k split it between income funds and hold a few choice income bearing shares 50% funds 50% shares (10 individual companies in different sectors)

Any thing more then play about with different income bearing shares and funds but try and ensure you don't have more than 5% in anyone company.

Don't feel you should sell all your Tesco shares you could hold a small amount so you feel you still have that link and will get the info and communications from them but when you retire you may feel you want a clean break.

sabretoothtigger

income fund in an ISA

Some are worse then holding a share, an income fund just reminds me of where they pay out income from the original capital giving the false impression of a good return. I have funds that do that its not a big absolute no and I watch them carefully, just possibly trackers are simpler to follow

I would venture tracking the ftse is both less risky and possibly more profitable then just one share like tesco and it gives an income. Its no ideal but I think thats a fair choice plus they report it on the news everyday, not requiring much effort to follow.

I have the hope for FTSE that because it contains oil and gold companies and other sorts, even if the banks or supermarkets went down and UK was caught up in a nasty price inflation, petrol prices, etc ; FTSE would still weather well enough to benefit holders.
Though some criticise its reliance on commodities I see that UK actually imports and needs these so the average punter tracking that is not so bad.
My general plan this year was to sell shares, keep the tracker as less risky (even after a grand rise)

talexuser

Glen_Clark wrote: »

Is that good or bad?
Shows room for improvement which could be good.
If it was heaving to capacity there may be no room for further improvement.

It was a very modern superstore, no point in refurbishment with the full range of stock, so a bad thing if sales are slow. On the other hand my local one is a dump in comparison to Sainsbury and it's a pain shopping there, so investment would be welcome. I just can't see shares doing as well as the past in the near future without some change of direction.