Coronation29 Feb 2016 12:01
No problem, happy to share my thoughts. But to note I don't give advice. I have made some terrible calls, normally these are stocks I gamble on but have done well on proper stocks using value investing techniques. From what I have learnt it is good to build a portfolio with good stocks first that give a divi and are profitable, with an constant improvement in book value that outperforms gilts and bonds. Once you have a good portfolio, u can then gamble on a few unknown to see if you can get lucky. Rbs was my first investment as a novice bought at 12p and made a killing selling at 62p. I mistook luck for skill and bought angel biotec and sarium and again got lucky. That luck did run out, and then on a investors course I learnt what I was doing wrong. Then I learn what Eps, nav, div yield meant and was introduced a book written by the godfather of investing. Since then I have done well and now I have skill. I do make mistakes still, my biggest being afren and enq to date, but did very well with aca and rrs. I am now risking it all on lloyds and hsba, did very well with lloy, hopefully hsba does well. This is on my radar, just incase rbs offer a divi again, but gonna be gready and wait for sub £2 if it don't come then don't care plenty good stocks to have. Read up on Benjamin graham and study him, his techniques are prime and ready for this type of market