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Hi Risey
I only asked as I've been comparing Kalgoorlie, Boddington with Ggp assets.
I had bought in to most of those offers you mentioned very good times . My biggest holding in 1987 was Bryant's through share schemes and it wasn't effected much and then English China Clays tried to buy them and failed. Bryant's issued a bonus 1:1 and the price doubled wow don't see times like that anymore :))
Hi Bamps 21 the Aussie gold stock I was referring to was North Kalgoolie another miner I traded Brunswick res. Also went bust this was prior to the 87 crash.
Some traders might recall property companies Control Securities, Dares estates, all heavily traded on the fortnightly accounts then more than often bought new time just on the end of an account and sold sometimes within hours at the start of the new account. Exciting times all the public utilities that went plc. B. T. British gas, British steel, all designed to make share ownership affordable by making small part payments to get on board , multi applications we're rife bt first payment 50p opened on launch day went to 90p.The October 87 crash ended in tears for a lot of people but those that bought in on the crash lows seen a recovery in a short time this market will also recover.
Hi Risey
Can I ask what miner that was.
Poly Peck that brings back memory's
I remember a strong broker's recommendation to buy poly peck I held back to do some more research just as well I did they went belly up resulting in the shares becoming worthless within days of the buy notice. I did however lose a considerable amount of money in an Aussie gold stock North Kalgoorlie went to sell on the phone my broker said hold of they are getting a presentation which should stiffen the share price just the opposite the shares dropped until they became worthless.
So the moral of my story is were there is a tip sometimes it is a tap.
Hi Ben
It can happen on any board when the day traders get involved. The Merger of Cerp by BPC was horrific i soon stopped looking at that, heading for a fall that one.
Carillion was not a good Board to be on either, I got caught out with that one, should have listened to this woman bombarding the AGM in 2016 with questions, financial stuff goes in one ear and straight through. The CEO was squirming with embarrassment.
Hey up Tom love your optimism £2 new year not sure about that!
Badly written ( read this and read that , proactive this , proactive that ) sorry
Hi All
That’s what does put me of Aim shares , 100s of posts (pump dump proactive this read this article that , your a c... and don’t know nothing) and you might get one interesting one.
I remember when carrillion was going under, some poor bloke had borrowed so much money , if carrillion didn’t turn it around he was going to loose his house and was talking suicide !
Still the pumpers and dumpers were at it , some should take a good hard look at themselves.
There’s enough out there for all of us!
Anyway still got my holding of 18500 golden tickets £1.50 here we come:)))))
Bamps Hi,
I will await news on the special divi "if" it is going to be reintroduced next year. It would be great to get back in here but IMO no good without a divi. If it did drop to say 90p short term I would reinvest as it will get back to £2 in the new year so well worth a new punt, lets see. Its good to see a rise here today, still hope for sure :-)
Keep safe
ATVB
Tom :-)
Hi Tom
This share goes down and people are naturally disappointed but that share goes down a couple of pence and mayhem.
Didn't like the abuse yourself and Tmt received much better here, you better buy a few back in I can't see it going much lower than a pound.
ATB:))
Bamps hi,
Thanks for your thoughts and its only a few that are bringing that board down and having to fight them off is no joke so I too am not posting over there until they grow up and the trolls disappear, its just not worth the hassle. I had a few great bits of support too but the nasty posts just did not get removed in time so that others latched on and sent their own twopence worth. Let them wallow in their own makings
Cheers & thanks
ATVB
Tom :-)))
Hi Nige
I'm astonished at the kind words shown by some on that BB.
I'm not going to post there for a while though, mainly down to the abuse that Tom and TmT have been receiving, unforgivable in my view.
Hi Ben
My wife has Persimmon shares I don't know why , doesn't want me to sell. Worried I might buy some firm she never heard of. Croda, Segro and Carr are her favourites. She has earned a lot from all 3.
A new brick - shudders :))
Hi Terrence
I apologise for talking about ggp again here but ggp board is becoming impossible. I think to compare other builders performance with tw is reasonable and even builders suppliers and merchants, but agree ggp is a bit off piste, but quite a few tw holders now also ggp holders.
Hi Bamps
Tremendous support for you on ggp board. Some time ago somebody suggested we start a new board for genuine ggp supporters on this site, and how to regulate it. Think that would be too difficult but already GGPHelp system exists with articles from many members here. Don't know who set it up - could have been Paddy. Shouldn't be too difficult to set up a chat board there.
BoL
Hi Tom
I was just talking generally, you know i'm daft :))
Zac hi,
I do not need any help thanks, i have already taken my 25% years ago and have a monthly annuity pension from 3 funds.
I think you and BAmps have missunderstood. ?
cheers
Tom
Zac hi,
I am talking about private company pensions and i had 3. I was allowwd a 25% tax free cash allowance from each and a reduced pension. I am not talking about ssips.
Tom
That's not quite how it works. The government don't top your pension up. You just pay it prior to tax. It amounts to the same thing arithmetically and on PAYE, it happens automically except for higher rate tax payers who have to claim the additional 20% back through a tax return. And while I'm on the subject, God help anyone who has to deal with HMRC. They are the most incompetent and ignorant buffoons it has ever been my misfortune to need to deal with. At least they paid me £50 compensation and £20 for phone calls. Thank you tax payers everywhere.
Hi TomE - let me know what you don't understand from my post and I'll try to explain.
Pension, and no sip in mind ???
Dont uderstand your post or the one from Zac_04
Bamps are you refering to me ????
I have 3 private pensions and retired with the Gov pention too. I have had an ISA for years and max every year with £20k so what do you mean as i have no current sip or one.??????
Cheers
Tom
I have actually increased my mortgage. I pay 2% interest but make 14% on my investments so there is no logic in paying off the mortgage.
At some stage I will sell the house and then rent. A house is worth noting until you sell it.
Hi all
Mortgage what's that, been so long since I've had one I'd forgotten about it.
My first mortgage was an endowment one opened in 1975 the next month interest rates went to 15% for ages. That was hard but after 25 years the endowment paid off my 2nd one , really lucky with that . Then straight after, the merger between Bryant's and Taylor Woodrow happened and money was thrown at us. Happy Days :))
Tom would you be better off by sticking £20k in an ISA rather than a pension. I know the government add to the pension but they certainly get it back at the end. An ISA is all tax free.
TomE - a couple of points, as I understand them, with regards to pension contributions.
(i) you cannot "take at least 25% of your pension pot tax free". You can take up to a maximum of 25% of the value of your pension pot tax free. The balance is taxed as income.
(ii) current rules allow you to access your pension pot from the age of 55 upwards. This is expected to rise to the age of 57 from 2028.
(iii) basic rate tax payers currently enjoy tax relief on contributions of 20%. So, in effect you make an instant return of 25% on any contribution you make. As an example, if you put £80 into your pension, this is currently topped up to £100 by the government.
A SIPP (self invested personal pension) can be set up as a share and fund account allowing you to trade shares and funds yourself.
Ben hi,
Great post, and investing into pensions is a very good suggestion for sure even if it is a small amount each month, the most that you can afford the better. A lot of people do not realise that when the pot is due they can take out at least 25%TAX FREE and invest in where they like or save it. My pension payment payed off my mortgage and I never even missed it, the day I paid off my loan I went around the nearest pub and got well and truly happily pee eyed, then went home and got a hammering from my girl friend, not happy, lol.
Keep cool and very safe.
ATVB
Tom :-))))))))))))))))))))))))))))
Hi All
Good time for investing in pensions and long term investments, lots of bargains out there and probably more to come.
It will be an interesting winter and profit taking ( even £50 a time) might be the way forward, cash will be king !
Not a good time for people who have got in debt and overstretched themselves.
Still happy I have my day job, so I can sit on my hands and wait for the storm to blow over .
I hope I can still go to OZ in March:))
Ps still busy on site and no gloomy talk on the horizon.
Gla