******** The Investment club thread ****

The aim of this thread is for people to share experiences of existing clubs and help people join clubs, or even start new ones in their own area.
With the personal message feature on Money am we should be able to bring people together.

Looking to join or start a club? just leave your details here.

Are you an existing club looking for new members?

Shagnasty
I took the squelsh off to see what you had to say, but I needn't of bothered. I'm am a grown up - I can make my own mind up and I have not ignored Ashley James. Ains is just making a suggetion - which I did ask for. Your comment was NOT HELPFUL.

Ains

We have have been doing this, but I must admit have sold a few of them because the short term gain has been 5-10 times the divi! Too many of the companies were dropping 20% immediately after going ex-div reducing the value of the portfolio in the process and put the shares into loss, from a profit. In fact I have about 10 Blue chip high divi companies which I'm authorised by the members to buy when the drop to a specific price (which over the last few months - many have been well below) but they just won't drop! They aren't really doing anything. The movements are really small - both up and down.

It sounds like you are already playing them well :-).... maybe you need to widen the number of shares you play with .... I find monthly CD Refs handy as a way of filtering

you'll have to explain - what are monthy CD refs?

You need to look at the Hemscott site - its a CD with massive amounts of info and you can ask for companies with big divs etc via filters. its a way of seeing what is available in terms of fundamentals

little woman , listen to whom you like indeed, if you had taken notice of Ahleys 3300 FTSE forecast applicable to last week,disaster, he was wrong by
-(15%).
If you listen to ainsoph he has been wrong by 97.5% on his self confessed "biggest single share holding",although he called himself KDC at the time, and don`t be so rude you asked for advice not I.
Anyway the shares you mention are now moving into a Bull phase, and your best bet is to ignore paying `s for info. and trickle some money into a tracker
fund.
Stay grown up.

I am very interested in the share you claim is wrong by 97.5% ..... what is it?

ask KDC

Shagnasty - you are not giving me advice - just slagging some one off.

I don't believe in tracker funds - why pay management fees when there are no guarentees. If I'm going to lose or make money it because I made the decision.

I like constructive comments (not distructive which is all you seem to do.) Just because I'm in a discussion does not mean I am going to take up someone elses advice. If your going always make your comments so personal so they are not actually helpful please don't bother........

hahahaha, the little woman eh?

That it - get personal with me - you obviously know nothing!!!!!!

hahahah, I know nothing , that`s right little woman, nothing, whose getting personal,I never said a word.
Trickling money into a tracker at 0.5% is cheaper then dealing anyway, but hey I know nothing.

LOL

Like I (& now you) said you know nothing - 0.5% is not cheaper than dealing for our investment club. You presume too much!

Well if < 0.5% is your dealing cost including stamp duty you are dealing for free, don`t bother asking for advice is my advice, you have cracked the system already,

but hey as we both agree I know nothing!!!!!!!!!!!

I'm not dealing for free - but then again as I've said before you don't know my situation and are still presuming too much.

LONDON, April 14 (Reuters) - The London Stock Exchange said the following FTSE 100 (^FTSE - news) companies would go ex-dividend on Wednesday.

According to Reuters' calculations at current market prices, the effect would be to take 3.44 points off the index.

COMPANY (RIC) DIVIDEND INDEX IMPACT

(pence) (points) BAE Systems 5.50 0.69 Exel (LSE: EXL.L - news) 15.30 0.19 Friends Provident (LSE: FP.L - news - msgs) 4.80 0.34 Hanson (LSE: HNS.L - news - msgs) 10.85 0.33 Old Mutual (LSE: OML.L - news - msgs) 3.10 0.49 Smith & Nephew (LSE: SN.L - news - msgs) 3.00 0.11 Tesco (LSE: TSCO.L -

You know, Shagnasty if you weren't always making sarcastic comments or slagging some one off if you did manage to say something helpful it would be missed. (The question is would you understand what I was getting at, or would you twist it to mean something else which I suspect you.)

ah `little woman` so your statement "0.5% is not cheaper than dealing for dealing for our investment club" was incorrect, fair play, I presumed too much there then, that you were paying less than 0.5% to deal,I mean, but you did imply it, hey what do I know!

ps if you are dividend stripping be very careful, the price can turn very quickly against you, oh and beat budget for 2% costs and spread, oh and don`t forget the % divi. annonced is invariably the annual one of Interim and Final
combined.

but hey I know nothing so do your own thing.

pps I am taking your route now and filtering you, as I can`t stand to see another naif, listening to `Sadmans` advice, too, too, cruel to watch the outcome

good luck anyway

Well the thread as come to life.

On the subject of Investment clubs, we have our meeting tonight.
We have gone from -25% to -20% in the last month.
We bought LLOY at 3 it is now 3.88.
Our ploy of going for high yield is slowly turning things around.
After almost 2 yrs of trading we should be in profit in about another 2 yrs.

8ball
Much sooner than that if you ignore the advice fron SadmanWhoseAins, trust me,
and curb the "little womans" little adventure with him too, he`ll ditch her as soon as the lie fits.

little woman - 14 Apr'03 - 11:14 - 42 of 45 (Filtered)

All posters are welcome to post their ideas on here.

I think we are all adults, we make our own investment decisions based on a number of factors, including our own research I hope.

If I or my club was to make a bad investment it would be our fault and we would not blame anyone else.

We have made a couple in the last few years, why? lack of research.