Defensive Buying - Week Ending 16 December 2016

Tuesday, 20th December 2016 09:18 - by Moosh

The number of shares in a defensive buy is dictated primarily by the asking price and the buy/sell commission that you pay – for simplification I will assume that the buy and sell commissions are the same value and will provide a maximum number of shares to buy for a single commission of £5.25, £7.50, £10.00, and £12.00. 

If your commission is not shown here, then round up to the nearest commission level and use that as a potential maximum number of shares to buy, assuming you are happy with the fundamentals at the latest time and price given.

For the week ending 16 December 2016:

I must reiterate that these are the MAXIMUM number of shares that I may personally buy at the latest price and time for the companies above. I understand that the price may drop further, but I am ready to potentially add to my holding with a further defensive buy assuming I am still happy with their fundamentals. These are not day trades and are more useful for those casual investors who prefer to take a long term view on investing and who may only keep a wandering eye on developments on a weekly basis.

The Writer's views are their own, not a representation of London South East's. No advice is inferred or given. If you require financial advice, please seek an Independent Financial Adviser.