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just before the close with a profit at 222p.
I shall not return till after the election.
Love_You, I found your post very sad. There is another way. GL
The result of an austerity mentality is getting none of that beautiful feeling of being able to take exactly what you need and have a bit spare as well.
The result of having a mentality of excess/abundance is a feeling of well-being and security which makes it easier to continue to grow and to maintain that security of energy supplies, food supplies, new clothing, and pleasurable activities.
Please help us as truly the lunatics have somehow taken charge of the economy.
We know there is lots of oil left such as around the Falkland Islands for example. Why on Earth wouldn't we extract this cheap and easy to access energy?
Waste is a good thing as only a rich society has high levels of waste.
People who want to reduce waste don't seem to care that this comes at the cost of a reduction in choice for citizens.
The whole point of being secure in life means to have an abundance, or excess, of everything you need or desire.
The Greens are literally saying they want to make society poor. A poverty of choice. The majority of citizens being constantly close to shortages. No excess in the systems providing our society with its daily energy, fuel, food, and leisure/pleasure.
The result of an austerity mentality is getting none of that beautiful feeling of being able to take exactly what you need and have a bit spare as well.
The result of having a mentality of excess/abundance is a feeling of well-being and security which makes it easier to continue to grow and to maintain that security of energy supplies, food supplies, new clothing, and pleasurable activities.
Please help us as truly the lunatics have somehow taken charge of the economy.
We know there is lots of oil left such as around the Falkland Islands for example. Why on Earth wouldn't we extract this cheap and easy to access energy?
Vampire squid raised target to 285 (260) - Buy
They are listened to, it could be what makes the difference to RBS in the short term.
Glad you made a 10% gain. Hope you were able to take advantage of today's 4% gain courtesy of Nigel announcing he won't run in Tory constituencies in the Election. Just wish I had followed my own advice and topped up this morning ...
whilst you are away!! You are good at this investing lark. Have fun.
All the best and good luck, I will be away from the 17th,
Thanks to you both. I chose to sell some of my RBS bought just before it went xd and so got a 10% gain. Likewise sold out of my Metro today again for 10% gain in a shorter period. Colti's advice was not seen by me in time in that I missed the huge rise in Greggs which is careless on my part. I say that because I had been looking to invest there a few months back, there you go.
I am having some fun with EUA at the moment. GL to you both and please stay in touch through this bb.
jimjam - dont think this is time to sell. Would have thought the idea of Jeremy getting hold of RBS would have resulted in a sharp decline, but this simply has not happened. IMO could well be a correction upwards as general election result becomes more certain and year-end results/divi approaches, but lets face it, this is RBS where the sp has and will not doubt continue to defy common sense and logic ...
jimjam you could do well piling in to Greggs right now,
jimjam I can only see the sp falling due to uncertainty, yes there will be some upside as well but uncertainty is not good for the sp, I would play safe as I have done, atb colti
Starting to consider reducing my exposure with RBS in the run up to the election. My idea is to sell at least half my holding, keeping the cash ready to invest. It could do wonders for my average, buying in after the election and give some piece of mind. As a long term investor this would be a new approach for me. I suppose what I am asking is "does anyone belief the RBS sp will rise by more than 5% between now and the 12th of Dec.
Maybe, what do you think? The JC effect along with Boris team **** ups.
sp in the doldrums jimjam, will it ever get better,
Jimjam, I think the sp is manipulated as are most shares, they are the professionals and are the ones that are making big gains especially at volatile times like these, 150,000 shares is a lot each time there is a difference in percentage,
my average holding now is 20,000 as I have bought and sold a number of times,
I wonder how active are investors in buying and selling RBS to get there average down? Today the sp low was 215.60 and high 218.4 would anyone have tried to use that narrow range to improve the number of shares held. Capital Growth is my aim and the dividend is a welcome bonus allowing more shares to be bought in RBS or elsewhere. Advice would be very much appreciated. I would be thinking in terms of say 15000 RBS shares.
Concensus 24p pa last week but 23.53p pa as of today. Not sure if its related, but JPM have reiterated Overweight but reduced target to 260 from 280.
Everybody forgets that it easy to lend money, the trick is getting it back.
Some of the “Head Hunted” staff have been moving on. Due diligence will be key to anyone seeking to take it on.
Now RBS in the mix along with HSBC, though not inclined to believe.
So there are rumours that LBG will buy Metro. Interesting to see in hindsight how challenger banks might be able to get up and running and innovate quickly, but survivability and longevity is another question - especially where the cost of speed is catastrophic mistakes. Makes one wonder what disasters are in store for the other challengers.
jimjam you are right and the sp is probably a bit generous under present circumstances,
Not sure I agree with your figures. But as a bit under the weather at this moment you may be right. For me the shares should be held in an ISA. I take it you have not included special divs, so you are expecting a return of 6%, I might want to plan on 2/3%.
With a pension pot you don't have to buy an annuity so surely you can replicate the ISA to a large degree. Money goes into the pension with a tax bonus each year.
My view is have a pension and an ISA. The pension can be boosted by your employer paying into it.
Providing rbs stay in profit If £50,000 was invested in rbs the dividend would aprox be £ 3,000 which is not a bad addition to your pension, It would take a much bigger pension pot to provide the same amount, what do you think jimjam