We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Sounds like a plan JimboD. If I was younger I would formulate a better plan than just piling in and hoping it makes my kids rich. Which is my present plan. The bonus for me is that it gives them squeaky ar5es. They may win big or...... ;-)
Modsto, fair comment but Bellers has summed up my current attitude. I always had a set number of shares I wanted to own in sxx and hit that number in late July. In reaching that goal I’d over stretched myself (learning curve) and after the initial issues in August decided I needed to reevaluate. And made the decision to sell.
Now SXX only represents a small portion of my assets, compared to 4-5 months ago, and unless it grows significantly (hopefully) will continue to become less relevant to that figure, each passing month. Happy to hold my figure stress free for now, with the plan of probably trimming 10% of my shares off the top at 10p and the same at probably every subsequent 10p rise thereafter (should it happen).
In fairness Modsto ,he did say it’s money he won’t lose sleep over so he must have balanced risk against gains. Imagine how he would feel if he didn’t risk it. It may change his life and that of his family.
Jimbo , having got out @10p/5.5p and saved yourself some brass ,what are you buying back in for ? a man with child ,buying a home mucking around with SXX ,think about it .what troubles you is the fear of missing out on something life changing and it's clouding your judgement .far from ticking you up people should be urging you to be cautious
Congrats JimboD, it has all come together then!
Let's hope for a steady sailing up the river...
Welcome back to the mad house.
Hey folks, it's been a while. The August/September drops on top of other stresses (becoming a dad, feeling i needed to buy a house desperately, work etc), caused me to panic sell a fair bit of my holding at 10p and the rest after the crash at 5.5p (except 30k shares in my SIPP).
Since then, I've built up a much larger cash holding than I've ever had, which has done wonders for my general mental health and yesterday bought back in when it was 4%ish down. I managed to buy back my same holding for £2.8k less than I sold, so feeling pretty happy with myself and have pocketed the difference for now for a rainy day.
Because of this I feel a LOT less exposed than I once did, even though sitting on pretty large losses (which i've mentally wrote off in my head). Here's to a long hold, without the added stress of losing money I can't afford to lose.