Member Info for golden5hares

Step one Buy Fresnillo 883p price target 1800p Step two Reinvest in Woodford,fundsmith and three funds below http://www.hl.co.uk/funds/three-new-opportunities If you dont think the market will crash just follow step 2 and move along.

Ive been seriously brainwashed by questor he's convinced me that the crash will happen this year.

http://www.bloomberg.com/news/articles/2016-02-10/dollar-nurses-losses-on-yellen-rate-comments-oil-back-below-28 Third paragraph below emerging markets heading chinese banks losses could be over 4 times greater than American banks in previous crash. That quote was enough for me to come out of hsbc shares,I agree with jdf cash is king at present.

Hsbc 423p.

Back to square one after 4 years of trading.Questors negative article on banking last night persuaded me to pull out of lloyds.Better to withdraw now at break even overall and go into funds me thinks maybe.Horrendous luck with timings on buyins with both rio and lloyds and beginning to feel like uncle Albert in the navy(fools and horses).Fundsmith equity,woodford and others beckon.

I need a quieter cave im getting ripped to pieces here lol

I did speak to questor in real life on one of his live morning chat sessions online,I asked him what hd thought of a share and he posted a recommendation update for it the following day- ds smith. yep that was back in the day armani optimus and myself were back to back defending aviva at 280p against the rest lol

Take out bats put in lgen 212p and 6.5% forecast div this year(note forecast not proven) and forecast 7% the following year.A real falling knife but woodfords added it as well.

Lol wrong choice!

Which other gs?

Barclays 157.6p

An extra one for fantasy income portfolio royal mail group 420p despite woodford selling up.

Six not ten-Just teasing seeing if anyone wanted more,cyber fishing! Financial markets have had the jitters with regards to Deutche Banks 5 billion pound loss for 2015. http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/12148961/German-finance-minister-and-bank-chief-insist-Deutsche-is-rock-solid.html. Four more well theres already insurance,banking,energy,mining and construction in there.Im going to suggest talktalk,national grid,BA. and BATS

av,rio,carillion,hsbc,lloyds,centrica all excellent value imo for income portfolio,ten companies all 10% ratio is what i would do if retiring now.

Hsbc 7.5% dividend level now looks good as an income stock oaps tuck in!

hot-I never realised I was in profit! Ariel - Thanks for updates.

Forecasts for next year look good looks like a bargain.

Agree with all points made in your last post and in your previous post your right it does feel like trading is a better option when the markets go into a prolonged dive. Anyway strategy of holding lloyds to 2021,hopefully doubling capital (with inclusion of dividend reinvested) continues.

plevin not pelvin,claims could be on non ppi loans based on undisclosed commision incorporated within the loan.Now wheres me lloyds car loan agreement lol.

Hot was right,my planned holding strategy was like bowling skittles and your comment on holding was worse than gambling knocked it down like a bowling ball lol,still holding long term as I dont really have a better strategy as its sods law that if I sell the market will start climbing.I did some research on pelvin and I think the markets greatly exagerated it my understanding is compensation will only be available where commision was greater than 50% to those that havent already ppi claimed.The time limits will prob be the same of the estimated 2018 deadline so I see little difference in total payout as people were getting all their ppi money back plus interest anyway.