We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
100K looking to get to 500k in the next 3 years!
Comments
-
:TIf you really had made a 83% gain then you would already know about the futures, spread betting and selling short etc etc.
Thus you sir are a troll. :rolleyes:
Firstly I am not a Sir! Female actually :rotfl:
I know all about CFd's, covered warrants, call and put options as well as spreadbetting. I do not have the time to watch the markets all day long and therefore do not choose these routes into trading.
I went for Oasis Healthcare (OSH) because my family have not been able to get National Health dental care for more than 10 years now - disgraceful given all the NI they have paid during their working lives. So I figured that a busy profit-making Private Dental company might just be a good bet. So I bought £3000 worth of their shares and as luck would have it they were targetted just 4 months later by several other companies who wish to expand their market exposure. I would have done better to hold a little longer - I would have more than doubled my money. But bidders can walk away and I decided to sell out at just under 84% profit.
If I only make 15% in a year I am still beating the savings account interest :T
So now the £3000 is in the savings account and I am looking for my next target with the profit. I spend a lot of time researching companies before choosing one to invest into - I have to work a lot of hours to get my wages and I do not intend to lose the lot in some foolish trade.
So less of the troll and more of the doll please :jThe best way to escape a problem is to solve it :j0 -
Putting the lot into a single stock may make you a fortune but you could just as easily lose the lot.
Having said that, if you've got £100k and can put away £25-30k pa for 10 years you can get your money if you just invest in Gilts risk free. Even if you put it under the bed (not that I recomend it) you'd end up with £350-£460k.0 -
Save4ArainyDay wrote: »:T
Firstly I am not a Sir! Female actually :rotfl:
I know all about CFd's, covered warrants, call and put options as well as spreadbetting. I do not have the time to watch the markets all day long and therefore do not choose these routes into trading.
I went for Oasis Healthcare (OSH) because my family have not been able to get National Health dental care for more than 10 years now - disgraceful given all the NI they have paid during their working lives. So I figured that a busy profit-making Private Dental company might just be a good bet. So I bought £3000 worth of their shares and as luck would have it they were targetted just 4 months later by several other companies who wish to expand their market exposure. I would have done better to hold a little longer - I would have more than doubled my money. But bidders can walk away and I decided to sell out at just under 84% profit.
If I only make 15% in a year I am still beating the savings account interest :T
So now the £3000 is in the savings account and I am looking for my next target with the profit. I spend a lot of time researching companies before choosing one to invest into - I have to work a lot of hours to get my wages and I do not intend to lose the lot in some foolish trade.
So less of the troll and more of the doll please :j
At the mo ive just put 3k into logicacmg and the same into 888 holdings
I wasnt refering to u was refering to the OP, but since your talking to me and a female will u marry me
0 -
I wish people who have no idea about investing wouldn't make stupid comments like "you'll need to take very high risks," & wouldn't call people trolls for claiming to have made 83% in a few months.
I had about £30 odd K last September, it's now worth over £110K [& if you don't believe me have a look at my post on the credit card stoozing thread - "crazy MBNA offer" or something like that where I logged it from day 1] & I haven't taken unnecessary risks - some of you might think I have because of the size of my investments - but the size of the investment isn't the same as risk.
You need to know what you are looking at & invest with your head, not your heart, don't listen to other people/tips/bulletin boards (!!!), be disciplined, & don't buy speculative shares because they're in "hot" markets (like electric vehicles at the moment or other green companies). Read "The intelligent investor" by Ben Graham before you buy anything, learn how to read a balance sheet properly & understand it, avoid companies with excessive debt (especially as interest rates are going up), look for low market cap/pre tax profit (better than P/E ratios), & make sure they have good cashflow & ROCE AND that they're in a good position for the future by having products that will be in demand.
Since CCT in my initial post (I sold the bulk at 190 then the rest at 170), I've bought LEAD which is up 40% already since I bought in about 2 months (thats £23K's worth I bought), & I have put PIC in my ISA - TV transmission changes soon & lots of people will HAVE to buy a new set top box - & they'll get the biggest slice of the pie - it's unavoidable so the business is as good as in the bag.
My old favourite CCT looks promising again so I've opened a big spreadbet on them (tax free) & bought some more shares as well.
There are plenty more out there, those are just my favourites at the moment.
Good Luck & don't listen to the doom mongers.0 -
PS a short on building societies & banks over exposed to risky mortgage "securities" could be good too - the Bradford & Bingley looks particularly vulnerable, they have £18.2 billion of sub prime mortgages in the UK. As soon as the market starts wobbling they'll go down like a $2 hooker.0
-
Maybe but youd need to be rich enough to cover any gains in the short term. That is the main risk.
I like the way you dont think wacking a 30K stooze pot onto the stock market isnt risky
. I agree with what you said be warey with tips, once i followed a tip from a news paper, remember those two dodgy dealers that pluged languishing shares in their paper so that they themselfs could profit, and later got sacked. Well bought into a company called dialogue, didnt really do anything exept swang fairly big due to the amount of speculation that was around them, will they make it big or not. Well I cut out at 30% (my usual takings) they later went bankrupt. I have normally cut out at 30% but two companies I wish i didnt were william hill and dragon oil. Dragon oil used to be a penny share, now they are a pound share, will hill has gone up about 4 fold too
.
The OP was someone with no history on a the board, comes on the board and starts with make me half a mill, and then disappears into obsurity. A familiar trolling pattern, come on the board post some thing obscure and then disappear again, a bit like mr "property will never crash". There is no possible answer to the question its just a waste of peoples time, s/he should do their own research and then do their own thing.0 -
I used to have dragon oil about 8 years ago. It was being ramped to death by a guy at work. I sold it eventually but wish I'd kept it. My other mistake was PIC at about the same time. I bought because one of the directors I knew had bought (I used to work there & saw in the press he'd bought shed loads). I sold & made about £1K from my £4K investment - 18 months later it would have been worth over £65K - enough to buy 1 1/2 decent semi detached houses back then.
Bummer!0 -
"TV transmission changes soon & lots of people will HAVE to buy a new set top box - & they'll get the biggest slice of the pie - it's unavoidable so the business is as good as in the bag."
A lot of people already have bought set top boxes / sky / cable / built in tv, so I personally dont think that there will be that great a rush for these items.0 -
There is only a small percentage of people with the right equipment, but besides that they're also doing HDTV & PVRs, & are looking likely to have substantial business in the US as well.
Anyway, they're doing nicely today.0 -
At the mo ive just put 3k into logicacmg and the same into 888 holdings

I wasnt refering to u was refering to the OP, but since your talking to me and a female will u marry me
Cheers for that Yant1 :T
Marriage? ...... Well I am single currently :rotfl:
I think the posters on here should start a stocks 'n' shares thread
The best way to escape a problem is to solve it :j0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.4K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.5K Life & Family
- 261.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards