Sounds to me that you have enough exposure to gold and risk so suggest you stick £10k into BP shares. Solid company, great div, very good upside potential...min. £6 all day long! And pretty safe. If you decide not to follow this advice, stick the sp on your forward calendar just to see the result. I am sure you will do better there than sticking it a fund or bond. ATB Rich.
Thanks for that CoastalCrusader. I'm not really up with Excel. I'm relatively happy with what it has paid on maturity - it was around what I thought it would be - given the bad press with profit bonds have had. I only took it out because my mate was a salesman for Royal London at the time. A couple of times I've been a bit hard up & thought about cashing it in, but stuck it through and glad I did. Not sure what to do with it MakinHay. I have 48,000 shares in Centamin as it is, they're showing me a nice profit and make up nearly half of my share portfolio. My other big holding is in Hoc, nearly 7000 shares & that is doing me proud too. Have no intention of selling either at the moment. Everything is gold apart from BKIR, which I only bought because my brother wanted me to buy them for him, but I've since bought them off him and they've done best of all in percentage terms. Will probably spend £5k on the house, new carpets, blinds, stuff like that and stick the £11k in an isa fund - no idea what. Also I 'm now £85 better off a month, so wouldn't mind starting off a similar investment plan as before, say ove 15 years, which would probably take me to retirement. Again, not sure what. Any thoughts would be appreciated.
POG - dip & direction
@NewsGoldSilver: Gold Dip Similar to Mid-1970s Pattern On It's Way to New High's - Citi's Fitzpatrick - http://t.co/DFvBENTkB7 http://t.co/1KleWawEnP
And just to back up my confidence i just added another 20k @ 56 .46p. ATB Rich
The sooner you get it invested in CEY the better! Big upside coming this way soon! Atb RIch
I think that you are referring to time weighted return. Which, for your figures is 4.23%. The XIRR function in Excel would do this for you.
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