Seconded. I haven't been anywhere near as successful as Boldboy but Lloyds is, in my opinion, an extremely predictable share to go round the carousel with. It doesn't even matter really if you are cash-poor in the interim so long as you are share-rich. What I mean is that, as long as you gradually wind up with more and more RIO or Lloyds or whatever in your portfolio each time, and you have long-term confidence in those shares, then, as the Aussies say, "She'll be right, Mate".
Totall agree I have made around £75k since the crash doing the buy low sell high but it is a lot harder to do now than earlier and if you count out the 15% overheads unless you are buying tens of thousands at a go it is quite small returns and can be a long wait between gains.You virtually have to tie yourself to the computer so a serious monitoring of events takes place.Not a case of buying and coming back in the spring or whatever they did when the price of the stock was around 2 to 3 pounds.
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