cynic
- 20 Oct 2007 12:12
rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.
for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ
for ease of reading, i have attached 1 year and 3 month charts in each instance
skinny
- 30 Apr 2013 16:23
- 12182 of 21973
Pretty good going SC - I agree about the ISA yield - its more 'secondary' to the capital growth for people of a certain age.
skinny
- 30 Apr 2013 16:27
- 12183 of 21973
halifax - I don't know about 'joe public', but I only invest for me!
Harry the S/B is ok this year so far - I have had 'disagreements' with several companies over the years (like most people) and don't really want to say much more than that! :-)
Stan
- 30 Apr 2013 16:36
- 12184 of 21973
Share dealing within an ISA makes good sense in general surely, only down side that I can see is that you can't claim any capital losses, answer?.. don't buy any losers -):
HARRYCAT
- 30 Apr 2013 16:42
- 12185 of 21973
I have a large slice of LLOY in my ISA, so God willing and a fair wind, I should be well in the (tax free) money by.........hmmmm........hopefully in my lifetime anyway!
skinny
- 30 Apr 2013 16:58
- 12186 of 21973
We can but hope Harry - I have a few in the ISA and a shed load in the SIPP.
I have a fair few RBS in the ISA - so will be watching on Friday.
Stan
- 30 Apr 2013 17:04
- 12187 of 21973
Anyone know "exactly" how much we (the public) payed for Lloyds? around 70p I heard this morning.
maggiebt4
- 30 Apr 2013 17:08
- 12188 of 21973
Stan pretty sure it was 72p. Harry hope you're about 60 otherwise my lifetime will be up before I,m in the 'tax free money' with LLoyds
skinny
- 30 Apr 2013 17:08
- 12189 of 21973
Average price is 63.1p apparently!
Taxpayer-backed Lloyds share price jumps as it records £1.5bn profits
"After last week’s collapse of the sale of 632 branches to the Co-op, Lloyds said its planned flotation of the newly renamed TSB should take place “sometime in the middle of next year”. The Government still owns 39 per cent of Lloyds following its £20 billion bailout in 2009. Even with today’s 2p rise in the share price to 55.5p this is still well short of the Treasury’s average buying price of
63.1p."
maggiebt4
- 30 Apr 2013 17:10
- 12190 of 21973
Bow to your superior knowledge Skinny!
skinny
- 30 Apr 2013 17:12
- 12191 of 21973
Google - not me! :-)
maggiebt4
- 30 Apr 2013 17:16
- 12192 of 21973
Lloyds launched a rights issue to raise capital from existing shareholders – as an existing 43.4% shareholder, the government chose to take part in this and thus maintained its shareholding at 43.4%.[36][37] Following this, the National Audit Office has calculated the government's average buying price for its entire stake in Lloyds as about 74p.[38]
Taken from Wikipedia don't know how reliable that is!
maggiebt4
- 30 Apr 2013 17:17
- 12193 of 21973
Ok so it's anybody's guess ie anywhere between 63 and 74p
Seymour Clearly
- 30 Apr 2013 17:21
- 12194 of 21973
Your return is very impressive Skinny. My wife uses a personal broker who returned 17.5%, which she's happy with.
skinny
- 01 May 2013 07:35
- 12195 of 21973
GBP Nationwide HPI m/m -0.1% 0.3% 0.0%
skinny
- 01 May 2013 09:30
- 12196 of 21973
GBP Manufacturing PMI 49.8 48.6 48.3
Shortie
- 01 May 2013 09:59
- 12197 of 21973
FTSE 100 +0.4% at 6455.26, nudging higher after the release of better-than-expected UK data. UK PMI manufacturing figures for April come in at 49.8, an improvement on the previous month and better than forecast. Newedge says the data is good news for the UK economy as manufacturing production remained relatively weak in 1Q and some improvement is needed to maintain the recent uptrend in GDP. Reed Elsevier is off 0.5% after a broker upgrade. BP rises 1.4%, adding to Tuesday's gains after reporting 1Q results. Later, attention will be on US data in the form of ADP employment numbers and ISM manufacturing data at 1215 GMT and 1400 GMT, respectively.
HARRYCAT
- 01 May 2013 11:32
- 12198 of 21973
Now ploughing through the indices (FTSE250) atm, looking for bargains for my redeemed cash ISA money. Amazing how many stocks are currently showing very skinny PEG figures and many are hugely into a minus figure. Lots of div yields in the 3-4% category, but many Co's have what appear to be ok PE's, but awful PEG's. Onwards & upwards!
skinny
- 01 May 2013 11:39
- 12199 of 21973
Harry - less of the 'skinny' - post any you think of interest please :-)
skinny
- 01 May 2013 11:51
- 12200 of 21973
Just been limited out of FTSE @6,472 for +52 - any views Shortie?
Shortie
- 01 May 2013 12:13
- 12201 of 21973
If your short 6486 should be the stop loss I think. I'm rather exposed to the DOW and DAX currently so not trading FTSE.