RE: Sorry to Sell20 Nov 2024 12:51
Hello Dick et al,
Thank you for that very reasoned explanation and information and links. My problem is I am in a hurry. When I opened the broker account in March 23, it was with the intention of buying shares in reliable dividend payers – I had money sitting in a uk bank account receiving very little interest. Being resident in Europe I was unable to open a better paying account or get advice from a UK based company so I decided to open a broker account. Even that proved difficult with my combination of being non-UK resident but wanting to trade in GBP So as to leave the money in the UK for family beneficiaries. eventually, I was able to open an account with IBKR who have a broker in Dublin. During the process of finding a broker, I became interested in all the chatter on the Lse site and started looking for other investment opportunities. The rest is history.
I now have a portfolio of holdings in 30+ companies most of which are in the red! However, this is a hobby for me now and I have enjoyed it but I also would like to make a success of it which it is not at the moment.
The majority of the companies that I have invested in seem to be mining companies and aim companies. They are also companies that IBKR will only trade during the daytime 10 minute intervals. This is very limiting re-price selection when placing an order.
Getting back to jog, If I had other holdings which were in enough profit to realise some I may well have invested more in jog rather than selling half. My average was 194. selling half has reduced the average to 144 as it is being calculated less some of my earliest Purchase at 2.45!
I have no prior knowledge of most of the companies that I have invested in. I do a limited amount of research relying heavily on RNss and also some of the very Knowledgeable and helpful Lse board members. obviously trying to avoid the trolls and pumping (I seem to be very good at buying in at high prices but trying to learn)
Apologies for this message which seems to have got very long and may not be of much interest To most people.
And finally another thank you to Dick for that comment about what the jog directors have been up to. It is a wait-and-see and I shall be watching. Good luck to you all.
NTTL