My First Share Purchase - Good or Bad?

ad44downey

DSG shares down another 3.5% today. It could be another company in dire need of being rescued.

ad44downey

DSG Shares today only 25 pence :eek:

altocumulus

ad44downey wrote: »

DSG Shares today only 25 pence :eek:

And the burning question is...

What did TWR88 do?

QTC

debbie42 wrote: »

DSGI is regularly discussed on the Motley Fool HYP board, if you are interested (registration needed, I think).

After registering on that board, and a few others, my junkmail increased significantly..a lot of it tipping shares. Whether there was any connection, I couldn't say for certain..

GeorgeHowell

Assuming that you are not seriously wealthy than you have made a mistake.

This is because you have bought shares in a single company. If these shares go down in value or the company goes bust then you will lose out. Should make money when you sell these shares, then you will be encouraged to repeat the process, and you will continue to do so until you get burned. So it's a no-win situation.

Playing the stock market is just like backing horses -- unless it's just pocket money, it's a mugs' game.

napoleon

altocumulus wrote: »

What did TWR88 do?

Lose more than half his investment obviously.

Investing in companies whose share price is plummeting is rarely profitable.

ad44downey

Maybe Dixon's shares have hit rock bottom now. But I'm not so sure........

ad44downey

TWR88 wrote: »

749 shares in DSGI (Dixons Group, owns PC WORLD, Currys) @ 64.50, a £500 investment.

Dixons shares now only 11 pence :eek:

Blah99

GeorgeHowell wrote: »

Playing the stock market is just like backing horses -- unless it's just pocket money, it's a mugs' game.

Rubbish. If you don't know what you are doing, putting money into the markets is gambling. If you take the time to learn how to invest in equities properly then it is absolutely right to use this as part of your investment portfolio.

Disregarding an entire class of investment just because you don't understand it properly (or because you got burned the last time you tried it) is more a reflection on you than it is on the investment type.