Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I sold my rdsb at 3 quid a share loss. Made that back from 16-18p range. Last week. Should have done it sooner. But you live and learn. No point crying over spilled milk. Life carries on amd so does the rise here :)
@speedie the only shares i ever held were sharesaves from work where we got to buy into the company cheaper.
Made a little bit on that and cleared my overhead and now morgage free.
The only reason i got into shares was in march 3rd april i was taken in for an emergency op and was bed bound for 2 months with a phone. Decided to use my time and came across ggp, rolls royce lloyds and evraz. Seen the slump and put money into all of them. Lost money on all except ggp. The more i read post on here, i took the loss and moved it all over here. My first buy was at 11p and havent looked back. Ive recouped and now in profit from my losses.
Going back to point, like some on here unless this gets to above 10quid a share i wont freak out as i dont hold enough, so for me its more about an easier or earlier retirement rather then quick buck and retire now. Im 40 so another 15 years service soumds better then 27 if the government dont change the goal post
In an average job earning 25k a year, itll take you 40years to earn a million
Minus your tax and ni contributions, that'll bring it down to approx 666k
Considering you wouldnt have to pay tax on your shares would you retire tomorrow. If you continue a relaxed approach and continue your current lifestyle it will be possible.
For my holding this will allow me to buy a house cash free and out on rent for early retirement, if and I'm pretty sure it will hit a pound.
For those that hold a larger holding 1m+, would you retire or continue to dabble in shares. As the love of money is evil.
If you have any spare change, buying into ggp on monday may be a good idea. They have been included into gdjx last night and looks like they will be buying some 20 million pounds worth.
Share price is 20p a share but looks like thats going to fly monday. Ive been there 4 months and my orice has doubled on my holding. May be worth a punt but choice is yours