AIM Shares

stringer_bell

Has anyone had any luck with AIM Shares? I was thinking about allocating about 1-2k of my years ISA allowance, for purely AIM shares. Quite unsure though

Is it worth the hassle?

Thrugelmir

If you were to use a vehicle such as a specialist Investment Trust. Then would add diversification to your portfolio. The sum you are suggesting allocating to AIM shares doesn't make individual shares worth the risk.

masonic

If you invest within your S&S ISA, you won't be able to carry forward the capital losses. Read into that what you will

shaun_from_Africa

Provided that you don't go in blindfolded and can afford to lose any investment, AIM shares can occasionally give very good results. Not very often, but it can happen.


Twelve years ago, I bought a load of shares in a company called Hardman Resources (oil exploration company) and I got these shares for about 23p.
A few years after this, Hardman were bought out by a larger company (Tullow oil) and I sold my holding for about £1.35 per share.
Lucky? Without a doubt but that one investment paid off an awful lot of my mortgage.

stringer_bell

masonic wrote: »

If you invest within your S&S ISA, you won't be able to carry forward the capital losses. Read into that what you will

That is true, I have a general investment account, as well as an ISA. I'm holding a lot of cash, there is one AIM stock I have been following which is up 20 percent today alone, which is annoying as I was going to put money in last week

It's up about 330 percent in past 3 years

stringer_bell

Thrugelmir wrote: »

If you were to use a vehicle such as a specialist Investment Trust. Then would add diversification to your portfolio. The sum you are suggesting allocating to AIM shares doesn't make individual shares worth the risk.

too little sum to justify the risk, or too high a sum to justify the risk?

EdGasket

There are a lot of outright scams on AIM. How they get away with I don't know; probably in bed with the auditors and brokers. e.g. Naibu Global and CamKids - highly recommended by the Investor's Chronicle. Then there was China Chaintek. None of these businesses ever existed; complete moneylaundering scam by the Chinese, aided and abetted by the City of London looking only to their fees.

Then Mar City which supposedly had assets greater than the share price in property in this country - the shares have been delisted and no sign of anything for shareholders; have no idea what is going on with that one - and yes I have tried to find out; hit a brick wall (probably put up by MAR themselves!).

Generally on AIM you lose and if you don't you have to be very lucky getting out at the right time.

masonic

stringer_bell wrote: »

too little sum to justify the risk, or too high a sum to justify the risk?

Too little sum to buy a sufficient number of holdings.

Thrugelmir

stringer_bell wrote: »

too little sum to justify the risk, or too high a sum to justify the risk?

£2k in a single share is a punt. Spreading £50k over 10 (well researched shares) is more likely to show an overall gain.

stringer_bell

Thrugelmir wrote: »

£2k in a single share is a punt. Spreading £50k over 10 (well researched shares) is more likely to show an overall gain.

£50k in the AIM market though might be quite the stretch

Thrugelmir

stringer_bell wrote: »

£50k in the AIM market though might be quite the stretch

Your portfolio will grow in time. From acorns grow oak trees. First rule of investment, don't lose your capital.