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Exactly Sam
there be plenty of ups and downs and it does not matter where the SP is at the time
Its when it get to the end what matters
and up to you if and when to buy more or not depending on your funds and how happy you are owning the risk either way
i do like a good dividend paying share as an income but boring lol
at the moment this has loads of potential and exciting and could help me achieve my goal if pans out the way most of us think but there will be dips etc and end of the day is the MRE what matters in the end
It is the best way
some stocks i have sold off not that i wanted too in my isa to buy more of GGP have dropped over a pound a share
and now i am itching to get back into them too.
so now its do i buy more of these for next isa year etc but if i can get them cheaper than the GGP in my fund account then i will just have to get more and then think about Bed and Isa part of the rest
i cross that bridge as no idea where these will be
in the long term it is the best way but you do have to ride the waves
i have had a couple of company s go bust on me but do not let that put you off
i have done ok on the stock market in general
But yes do a mixture of stocks and you be ok
Loads of stocks there now for buying for the long term at cheap prices
Go for it Sam as you not going to make any money from the Banks
Just do not put all your eggs in one basket tho as nothing is certain
I am hoping to buy that house cash without having to sell the one i have now till later
This is a great time to buy shares in loads of companys esp dividend paying companies
You do what is best for you
i have about 40 other stocks
sold a few which were not really doing anything into this
This share is what i am hoping to get me the money for the house
the rest of my share are for retirement
And looking at the carnage i do think there are alot of my existing stock i would really want to top up but i am hooked on this at moment but do know i need to spread the risk
i do not have a target sp really
All i would like to happen is make 300K profit to buy a house in York
that depends on how many shares can get in the meantime to build it up and then also may not even sell then depending on where we are with news and further potential
I will just say like to get to double digits first and then may dream of 25p
Double digits first tho would be nice
No problem Sam
and if you can wait that extra one week then can put the funds into stocks and share isa first to save on bed and isa as could possibly lose out if spikes while the transfer goes through
just my opinion
The fundamentals of this company has not changed at all
Its all about the MRE whenever that is
It is not based on everyday money making like airlines etc
Once panic sets in on the stock market like this 99% of companys will suffer no matter what industry they are in even if the crisis effects them directly or not
Hold tight and all will come good
This share is all about the MRE and at the moment it will be up and down esp in this climate
I my own opinion for me is not to buy till next tax year with funds in place in stock and share isa so can buy straight into that
Buy now into fund account could get caught out and then when bed and isa get caught out again
for me is to wait another 3 weeks