Just curious as I’m a homeowner and ex landlord but tbf my conscience wouldn’t let me carry with it so I sold out. I would never advocate a life time of renting & funding other people’s retirement & mortgages. Terrible what happened with the fire. That’s just horrible the insurance company failed to pay up. That’s insurance though. My pension is purely through heavily funding my pension pot & investing. I can only do that because I’m nearly mortgage free & have enough disposable income to do do. If I were renting my house that I almost fully own I’d not be in any position to fund my pension pot adequately or even invest. Wish you all the best.
I cashed out last week due to the market stagnating. It seems to be held in almost an artificial holding pattern. Lloyds by now should at at least floating around mid to late 30’s. With everything going on in the world with the financial crisis & war which after the latest bridge attack in Crimea can only see it becoming more entrenched & escalating much further than people thought possible. I was stung really bad in 2008 due to a similar time before the big crash. I remember watching RBS & others wiping 80% of my portfolio out in one day alone. Market indicators on CNN news is now on Extreme Fear & for good reason. Looking at the market in reality it’s still in Neutral or Greed mode. I wouldn’t even invest with someone else’s money at the moment.
I’m happy jumping in now & holding. Even if it drops in the short term to sub 40 it won’t take much news to recover enough to be back at low to mid 40’s. I may even add some more if it does drop sub 40 but it’s always good to reserve a seat. £ dropped again to $1.06 today at this rate the BOE may be forced to stop dragging its heels. It appears the BOR thought all they had to do was say words & the pound would recover. It’s clear that’s not going as planned.
I have just added some. Hopefully we are near or at the bottom but as always it’s like catching a falling slab of butter. I think these will stabilise around 42.5 - 43.5 until a decision on interest rates is made. The BOE needs to get a move on & limit this damage.
It's getting even better. Now bid 295000 v 55000 ask.
Bid 5 Tickets total 180000 v Ask 2 tickets total 55000. looks like another tick up soon.
I have revised my sell price up to over 50p now. 30p Finish would be good. GLA
and 23.5p full ask to buy. Looking good.
I agree with that and the limited number of shares in issue will get this moving very fast. Very good short term % gains to be had, this willl get investors and day traders fired up. Also a great long term hold from these levels.
IEL have been engaged in discussions with a number of potential strategic investors so they ibviously had a fair amount of interest and picked the best offer on the table to sighn an exclusitity letter with. If you aquate this to selling your home you would have to gain the full ask or within a very small % to grant exclusivity to one party. Exclusivity is good :0)