The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://www.marketwatch.com/story/the-increase-in-oil-prices-is-just-beginning-2018-05-21
These days I am a value investor and dividend collector mainly in the ftse 100 and some in the 250. Like many I learned the hard was on aim. I have held shares here ( previously fogl) for some years and as previously stated had written them off......but was so far under water I could not bring myself to crystallize the pain of a sell order...I even strangely allowed myself a top up last week at 36 to bring my ave down to 61p I have not changed my strategy and will never touch aim again with a new purchase....however owning these over the last 2 weeks has reminded me of how much fun it can be ( when heading north!!)....RKH is now my taboo indulgence....I do enjoy the talk of shares reaching £2+.........let this baby fly ( but not buying any more....:))
To be fair I like it like this...allows us to access good quality shares at a great price....every company goes through rough patches....but by will recover and prosper.. Just think if the sentiment was currently good towards BT. You'd have to pay £4 a share!
https://www.telegraph.co.uk/business/2018/05/19/bt-mulls-15bn-mast-sale-fund-broadband-upgrades/
Each month I average @£550 from dividends from various blue chips. ( some months more some less)I don't use drip for any of them although it is very cost effective. I prefer to scour the market for the best options....it maybe cna, but most often not. About every 2 months I purchase. My Lloyd's dividend due end of May is going into VOD. Well priced, moving forward fab dividend. If I was to use drip reinvesting on say BP or RDSB ( don't currently own either) I would be paying top rate. Just an alternative view
Not sure we are :) https://www.reuters.com/article/britain-eu-customs/update-1-uk-to-tell-eu-it-is-ready-to-stay-in-customs-union-beyond-2021-telegraph-idUSL5N1SN7OA
This is quite galling at the moment, but needs to be put in perspective. Bt. is a huge company and of national importance both domestically, in business and for government depts. It is a big dog in its industry, is still Turing a profit, it has a plan....but yes it has some challenges...regulation, pension etc....... The share price may continue to tumble as the markets get out of whack and appear to punish it.....this has no bearing on the business but is stomach churning if your holding......going out of business it is not. Play the long game....it has happened before to companies and will happen again Bp and she'll she'd >40% when oil hit $35 per barrel....look at them now.....every hit 75p 5 yrs ago and today is near £5, Glen core hit 65p 3 yrs ago and had 5 bagged since then With a well established ftse 100 blue chip these things can and do happen ...just ride out the pain and let time unravel the issues.....we will look back at these prices 3 yrs from now as crazy cheap.... If this was AIM I would be very worried...but it's not......look away for a few weeks or even months...it will be good for you if you find this painful...it probably has not bottomed...so what....time will make this better...gla