Lloyds share price in 5-10 years

WatsonNimrod

I'm a small cap investor but Lloyd's does interest me, however as a customer I'm never inspired by their branches or their customer service which as an old fashioned investor immediately puts me off investing.

It often seems like a very tired horse getting perpetually flogged.

barak

Tractorboy11 wrote: »

What would you say are more sensible alternatives, high dividend payers maybe, every stock has its own risks, lloyds is a bigger risk than most, but rewards could be greater, most things av read seem to suggest with in 3 years they could yeild around 3-4%, if that happens the share price is surely going only one way

What I mean by not sensible is having both your ISAS ".....heavily loaded with LLOY shares". It's not a good idea to have a large amount of your investments in just one share, especially in the belief that it may become ".....a nice little nest egg as a platform for retirement."

Sorry, but Rule 1. of investing is to spread it around, not put all your eggs in one basket.

Tractorboy11

So what are peoples perception of investment trusts, i currently hold 3 different ones with different amounts in them, i think for people starting a s&s isa these are good options

PeacefulWaters

westy22 wrote: »

As a long term bet I would far prefer BARC than LLOY

Given that Barclays appear to still be short of capital, why?

lvader

Given LLoyds is currently worth about twice it was pre crisis I'm not sure where the extra valuation is going to come from. Barclays still has some recovery room.

westy22

PeacefulWaters wrote: »

Given that Barclays appear to still be short of capital, why?

They are resilient, global, ambitious and are always hungry for more - I like that in a company that I'm investing in. I'm not saying that I am fond of them or that they always play fair, but I am investing in them not marrying them

wary

barak wrote: »

What I mean by not sensible is having both your ISAS ".....heavily loaded with LLOY shares". It's not a good idea to have a large amount of your investments in just one share, especially in the belief that it may become ".....a nice little nest egg as a platform for retirement."

Sorry, but Rule 1. of investing is to spread it around, not put all your eggs in one basket.

It's true that I'm breaking the golden rule of diversification as far as the S&S ISAs are concerned, although you seem to be making assumptions about what proportion these make of our overall investments and retirement strategy. (If only a small proportion then overall we are fairly well diversified.)

Whether it is a sensible strategy, time will only tell. We already have a 44% technical profit on them - so far so good.

I remember someone saying that shares are for people with balls, who aren't afraid to take a swift kick in them now and again. Well they don't call me Buster Gonads for nothing ...

PeacefulWaters

lvader wrote: »

Given LLoyds is currently worth about twice it was pre crisis I'm not sure where the extra valuation is going to come from.

What are you basing this on?

brasso

5 years -- 142p
10 years -- 209p

barak

wary wrote: »

It's true that I'm breaking the golden rule of diversification as far as the S&S ISAs are concerned, although you seem to be making assumptions about what proportion these make of our overall investments and retirement strategy. (If only a small proportion then overall we are fairly well diversified.)......

OK! - but in that case, your opening statement that "they'll form a nice little nest egg as a platform for retirement" was rather misleading! That platform might prove to be a bit wobbly!