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Investment needed/advice
Comments
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Possibly, but the usual readers of this forum are unlikely to react to any pumping !NoviceInvestor1 said:Is this not just an attempt to "pump" the Premier African Minerals share price?
The post is too bizarre for it to be anything else.0 -
No I am not pumping this share, just replying to Exodi to show that some shares are going up. I have no need to pump the share as I got in very early.NoviceInvestor1 said:Is this not just an attempt to "pump" the Premier African Minerals share price?
The post is too bizarre for it to be anything else.0 -
It might be a good time to dump some of it now. Take some gains off the table. I hope you bought within a tax advantaged account.Dazza23 said:
No I am not pumping this share, just replying to Exodi to show that some shares are going up. I have no need to pump the share as I got in very early.NoviceInvestor1 said:Is this not just an attempt to "pump" the Premier African Minerals share price?
The post is too bizarre for it to be anything else.“So we beat on, boats against the current, borne back ceaselessly into the past.”1 -
About 90% of my investment is in a stocks and share ISA0 -
Great, no tax issues in selling some then and diversifying.Dazza23 said:
About 90% of my investment is in a stocks and share ISA“So we beat on, boats against the current, borne back ceaselessly into the past.”0 -
I have known risk based asset millionaires lose nearly all of it because they failed to diversify.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.1
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Yep, the OP says they don't want to sell because they anticipate further increases in the share price, but this might be just the time to sell a portion and take some gains. I could not sleep well with the OP's stated plan. It's so risky that it smells a little trollish.dunstonh said:I have known risk based asset millionaires lose nearly all of it because they failed to diversify.“So we beat on, boats against the current, borne back ceaselessly into the past.”1 -
BMV Property Sector - as my mum always said, "if it's cheap, it's for a reason". I've been a slow and steady investor for years and got out of BTL before the tax and legislation got in the way of making it viable. Good luck with your portfolio, if it's that healthy, might be time to move from HL since their charges are % rather than fixed. Snowman's Spreadsheet will help you choose a cheaper platform.Dazza23 said:I work full time for the Royal Mail but want to start a buy to let property portfolio. I have a very good verified contact in the BMV property sector so any property purchase would create immediate equity. I am looking for a loan of £60k which I will pay back as a lump sum in 1 year with 25% interest (£75k in total). I have a healthy share portfolio with Hargreaves Lansdown but don’t want to touch this yet as it is going up very quickly (and I can use as collateral).
I have tried for a Lombard loan against my share portfolio but they state that the shares have to be worth a minimum of £500k.
Any advice greatly appreciated on the best way to acquire the loan?
Starting a business in such an expensive leveraged way seems mad to me, but then if you can afford to lose it, hey ho.Signature on holiday for two weeks1 -
And this still didn't stop me gettting screwed by trusting the Neil Woodford hype or more recently the pain with a couple of my BG investments (American & SMT).I've been a slow and steady investor for years ..Signature on holiday for two weeks0 -
Something seems off about this post. Lots of red flags.
If you genuinely want to go into BTL why not get a mortgage rather than a loan with 25% interest?Dazza23 said:I work full time for the Royal Mail but want to start a buy to let property portfolio. I have a very good verified contact in the BMV property sector so any property purchase would create immediate equity. I am looking for a loan of £60k which I will pay back as a lump sum in 1 year with 25% interest (£75k in total). I have a healthy share portfolio with Hargreaves Lansdown but don’t want to touch this yet as it is going up very quickly (and I can use as collateral).
I have tried for a Lombard loan against my share portfolio but they state that the shares have to be worth a minimum of £500k.
Any advice greatly appreciated on the best way to acquire the loan?
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