Direct Line Share Price (DLG)

Bank interest rates are not too bad at the moment, 4.75% in my case, atleast ones capital is at less risk in the bank, in these slightly uncertain times, but rates are looking like might decrease soon hence my wondering what peoples thought were on the subject...

Is it wise to reinvest in the stock market now because when rates fall money might flow back into shares from savings accounts, so shares might seem cheap now compared to 6/9months time ...

I keep little money in the bank it earns more invested than i could ever earn in the bank.

"Goldman Sachs reinitiates Direct Line with 'buy' - price target 280 pence" - confirmation of my post here on the 12th April - follow the money

gla dyor etc

I pulled some of my money out of the stockmarket and put it in the bank last year, still hold some DLG which I bought a few years ago, so sitting on a little loss still, decided to buy when I was a car insurance policy holder, now with Aviva..

So I was thinking if interest rates decrease, money might flow into stocks again and with a bit of luck some might find its way into DLG, so I can sell the remainder of my holding..

Keeping my LGEN though, almost as good as MNG for dividend payments..

Added at 189.5p today. Think we see dividend resumption in the summer and the stock reaches the Ageas indicated bid level in next 12 months.