Bluelight I agree with you, historically IR has had little impact, look at house prices in the late 80s and with interest rates at 15% even with the biggest recession in our lifetime we still aren't at 1980s prices.
I'd actually like to see the IR rate increased as it will stop people banging on about its potential impact. History has shown it has no impact on house prices or builders earnings, so as soon as that filters through to people it will get cracking.
true TW has been a poor performer over the last twelve months as it would seem that teh "market" still does not trust the company. even though few can have any real doubts about the macro fundementals likely to drive earning over the years ahead. 100k will give you about 7K next year and possibly 10k the year after by which time base rates may be all of 1%. I was lucky enough to buy most of my holding when the housing Cassandras where wailing the loudest and were all predicting the company was going belly up. The problem now is how much to add and I think many will probably feel the same given the company is playing a dead pan game leaving our share price at the mercy of day traders, spread betters and bots.
I tend to leave a large amount to grow and day trade with the rest in batches Last 12 months have been awesome Property's ok I have many, But tenants are stress and a pain !! I have a fleet of builders whom maintain my properties but even then it's major stress Stock is patience and research And it can pay large amounts
Agree with the savings one but Buying a buy to let up north would guve you about 5 k A, £100 k invested this time last year and sold today would have given you over 20 k , yep risk and reward oh and patience
A £100k in the over 50's account of the local building society make the holder £66 after tax at 20%. A buy to let flat at the same [rice or a small house up north makes about £500!! The same invested in TW since last year makes you nothing... Risk and reward....Say no more..
So I figured it's a bargain stock so bought in a few hundred thousand shares If I'm correct we should see a rise starting hopefully balance some of TW bought at a higher price I carnt believe the huge jumps over last few weeks , Can anyone explain there thoughts on privatisation ??
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.