justmoney
- 05 Nov 2004 13:01
Looking to invest 150000 has anyone got any ideas on what to invest in.
looking at Pipex and Healthcare enterprise group
Scripophilist
- 05 Nov 2004 13:47
- 7 of 63
The Other Kevin, ROFL.
Just money, Investing in something decent other than highly speculative loss making small caps.
justmoney
- 05 Nov 2004 14:00
- 8 of 63
What do you guys/girls thinks about Pipex and healthcare enterprise group and sorry dscott62 am new to shares so i dont know what Forex CFDs is but i dont mind high risk
mickeyskint
- 05 Nov 2004 14:21
- 9 of 63
I'm in Pipex and it has plenty of potential. Good management but it doesn't do anything very much. I would suggest you read previous postings and look on ADVFN BB. The one I'm starting to get excited about is HMY. Again read old postings and look at other bb's. You must get a feel for a stock yourself and don't be influenced by other's. Research as much as you can. Look at the management of a company as they are the people to increase shareholder value. And remember it's easier to loose that to gain.
LOL
MS
mickeyskint
- 05 Nov 2004 14:26
- 10 of 63
One more thing, with the amount you have I would suggest you look at several investments rather than one. It spreads the risk and don't get carried away with greed and blinded by the numbers.IMHO
LOL
MS
The Other Kevin
- 05 Nov 2004 15:32
- 11 of 63
justmoney - Sorry to have been flippant earlier but if you have 150k to invest and don't know anything about shares, don't be tempted by anything you read on any of the bulletin boards. Put the cash on secure deposit and then DYOR.
Scripophilist
- 05 Nov 2004 16:00
- 12 of 63
Agree, Or at least spend some of that money buying a course or something so you can learn.
proptrade
- 05 Nov 2004 16:11
- 13 of 63
guys, there is caution and there is caution.
dip your toe into a stock or two to become familiar with the mechanism and habit of trading the market (i mean a few thousand pounds).
keep those stocks in a FTSE 250 name and steer clear of small caps. the last thing you want is romp home a winner in your first week and then realise that they are not all that easy...as you lose a few hundred grand!
thesaurus
- 05 Nov 2004 16:24
- 14 of 63
IQE IS FLYING AT THE MOMENT. YOU COULD RIDE ON THE MOMENTUM
daves dazzlers
- 05 Nov 2004 16:42
- 15 of 63
How much will you pay me!
seawallwalker
- 05 Nov 2004 17:17
- 16 of 63
Watch, buy in cheap and sell high.
The is no rush to buy stock until you are sure you have a feel for the one you are looking at.
Make sure you do all the research you can, on all sites you can subscribe to.
If you are lucky you will win.
If you are foolish you may still win, but then again probably not.
I could give a deeper analysis of certian stocks but so can every one else. We are all experts in our fields, or at least we think we are!
Market is generally rising which is nice, but it is better to do a little bottom feeding like daves dazzler does, sometimes!
He waits for a company to make a sudden big drop in price (evaluating the reason why it drops and the likelyhood of a bounce back over a period of time),and buys in at usually the right moment, and then sells before it tops out, therfore avoiding any further drop.
Clever!
My he is also so flippant!!!
daves dazzlers
- 05 Nov 2004 20:11
- 17 of 63
Nice one seawall.
Jumpin
- 05 Nov 2004 22:12
- 18 of 63
Fund manager:
If you give me the money I can deduct my money for managing it, deduct the MMs fees on the spread, deduct the stamp, oh and you want me to manage it for more than five seconds... that will cost you another percent or so... costs are expensive these days... now we will manage it.. sell.. deduct MM spread, deduct costs, deduct fee for managing to do it
Deduct money to send you report for telling you how we are doing.
Oh, did we say what you lost on that share... oh never mind, it is very useful to be able to offset that against the massive gains and big CGT that you may have to pay.
(incidentally and not joking on this one, I actually got a big high profile solicitors in London charging big fees to be executors on an estate who messed up on transactions telling me words to that effect!)
Jumpin
- 05 Nov 2004 22:17
- 19 of 63
Anyway what I am saying is.. why are you asking BBs this? You have a bit of dosh, so?
Are you trying to impress?
Okay will I counter that..
'more than one' of my trades I have on at the moment is more than that.... will you give me your money to manage.
Will you trust me?
Will you buy things I tell you to buy?
Jumpin
- 05 Nov 2004 22:35
- 20 of 63
Anyway what I am saying is.. why are you asking BBs this? You have a bit of dosh, so?
Are you trying to impress?
Okay will I counter that..
Most of my trades I have on at the moment are losing .... will you give me your money to manage.
Will you trust me?
Will you buy things I tell you to buy?
Jumpin
- 05 Nov 2004 22:35
- 21 of 63
Who am I?
Do you trust me?
Be careful, and good luck!
EWRobson
- 05 Nov 2004 23:14
- 22 of 63
justmoney
I was in your position in January 2004 with about 60K to invest. I did have some experience in the stock market but the main source of guidance was the Shares Magazine. I invested 5K each in 12 shares, including Bloomsbury, Ottakar's, Hamleys (since taken over), Telecom Plus, Alizyme, Centrica, Egg. Over the months that followed I followed a policy of selling the poor performers (e.g. Egg) and increasing the stakes in the successful companies - good advice.
With a portfolio now doubled in value, I have just six shares. Of these, only Alizyme has been retained from the original portfolio but the overall performance is 120% gain. Your question has led me to ask the question: what would I do if I started again? I suggest:
1. Follow John Marshall of Shares. Several of the above were his recommendatins. Actually, I have yet to see him back a loser. He is still recommending Bloomsbury, Ottakar's plus Topps Tiles, Tesco, Peacocks. His major success this year is ASOS; a bit too late for Glenmorangie. There is a preponderance of consumer oriented shares in his selections. Get back copies of Shares to help with your research.
2. Decide what your objectives are. The key thing is a selection between: (a) capital gains and dividend returns; (b) high and low risk.
3. dyor. moneyAM is a good way to do this. Lets say you select a share recommended by John Marshall. Select 'Research' and print out the fundamentals. You need to understand, in particular, PE, Price to Sales, Market Cap. (PEG is useful if you can get your mind round it!) Go to News and print out the last results. Allow yourself an hour or two per company.
4. There is a big variation of helpfulness in these BBs. Some really are just a good laugh and many posters are in it for the repartee. One exception, I believe, is the ASC bb. ASC has grown 1600% this year but probably has another 100-200% to go in the next six months before it gets over-heated. There is a fascinating portfolio on that bb at present which came about as an "ASOS Challenge", i.e. a challenge to readers to nominate a share which would double quicker than ASOS. Needless to say ASOS is leading but the whole portfolio is worthy of consideration.
5. Decide on the weightings to individual shares. On 120K, I would start off with 10K per share, but, if you were convinced you had a great performer, then double the weighting (and keep a bit back). If a bit doubtful, reduce the amount to 5K but don't go over 12 shares because they are just too difficult to get to know really well.
6. Put your portfolio up on sharewatch and check it at least once daily. Any notes are indicated and check those out.
7. Are there any musts in the portfolio? There are two FTSE100 which should probably be in any balanced portfolio - Tesco and HSBC. Both have risen consistently for a long time, have international status which helps to ensure future growth and are still reasonably priced - because the market takes too short term a view. The real growth is probably to be found in the small cap and AIM markets. The reason is that many of these are, at present, not large enough for the institutional investors to pile in; the cap probably needs to be nearer 100M for that. The real movement can happen when they all want a share - something that is starting to happen with ASOS, for instance. Beware the higher risk in that part of the market. I believe, myself, that there is more risk in companies like Boots, WHSmith, Sainsbury which have become too big for the respective management's to handle.
8. Enjoy the process. Be prepared to learn. Take care who you listen to. Be prepared to admit your mistakes. And run those profits! Thank your lucky stars for having the funds. If the above is too frightening, go to a professional advisor (I went through a selection process recently for my sister-in-law and am delighted with the outcome - I can give the name to you personally if you e-mail me via the administrator).
Hope this helps. Feel free to question any points made. Good luck.
Eric
justmoney
- 06 Nov 2004 09:42
- 23 of 63
Thanks Eric/EWRobson thats realy helps
Fred1new
- 06 Nov 2004 11:22
- 24 of 63
I think you can make money on the stock market. If you are lucky you may only buy stars and no duds. However the majority of long-term punters have bought some duds in their "careers. Sometimes one remembers the pain and the shame and hopefully increases one's skill to prevent the reoccurrences.
I would suggest dumping your cash in a high interest account with a reliable internet access. Smile, Bank of Scotland etc. (Make it one of the larger banks.)
Next step would be to buy a Portfolio management software package (personally I like Sharescope, but have little experience of other packages) .
While your 150k is attracting nice risk free interest, run alongside it phantom portfolios and shares, which you think, are winners.
Judge at the end of 3months that your results would have been.
Look at the normal spread of buy to sell and the normal market size of the share you consider buying. Look at the trend for the share you are buying, buy with the uptrend not against it. Not many read the bottom of a shares price, however there must be some who do it or the share wouldnt bottom out. (But do they do this consistently or just brag on the occasions they get it right.)
Start off an internet ISA account which provides you with on line research prices and lower dealing costs.
Get a variety of books and CDs on Technical Analysis, such as David Jones introduction to charting on CD from(Sharescope) , Martin Prings introduction to TA. CD and book) Also Technical Analysis for Dummies by Barbara Rockefeller. One of the best books I have read on TA.
Some books on Fundamental such as The investors guide to Understanding accounts by Robert Leech. I find these books (Fundamental's) boring, but they give some insight into the basics of a company and the markets. (I wish I had understood a little more about accounts now and before I had started gambling.)
Get a few books such as How to read the Financial Pages by Michael Brett.
The Times: How to Understand the Financial Pages An A-Z Guide to Money and the Jargon by Alexander Davidson
Remember there is never any urgency to buy, but there is sometimes a need to sell quickly. However good or reliable a tip check it out first before buying or selling ie DYOR . If you don't buy immediately, if it is a good share you can ride on the trend and there are always plenty more fish in the sea.
Buy Shares, Investors Chronicle and use the various internet platforms. They may help you to think about what you are doing. (Dont believe what you read, or see, without checking out the basics for yourself, NMS, Spread, cash, earnings, PE. ROC yields Etc,.
DONT BE IN A HURRY. Have a good holiday before you start, it may be the last you can afford for a while.
Fred1new
- 06 Nov 2004 16:54
- 25 of 63
PS another important Buy if you don't already have it is BroadBand or equivalent. It makes downloading and looking around so much easier. The latest other Gizmos and latest highest speed commuter is not generally a great advantage and if "needed" rather than "wanted" can be bought 12mths later far cheaper with the teething problems of the latest versions resolved.
aldwickk
- 06 Nov 2004 19:55
- 26 of 63
If you want risk buy PET and TMC and you could make a million +.