Member Info for RazorShultz

Has anyone tweeted or emailed BMN to raise the issue with them? They are probably aware but a little push never hurt

Fidelity are going to need a big wallet to fund the compensation they'll owe me for delaying my pension transfer I'm organising. Price has risen to from about 28-27 to 38! But I'm planning on topping up about £14K more

As people have said, putting money into pensions, and especially taking it out again, is complicated. My suggestion is if you have the isa allowance to take your 12k, or a lot of it, use that. Otherwise put it into your sipp and it’ll be a simple lump sum contribution. You can take 25% of the pot as tax free cash and set the rest up for drawdown if you wish. Simply taking your 25% tax free cash does not count as a benefit crystalisation event if i recall correctly (i may be wrong about this, others feel free to correct)

Agree, if you think further into the future it would really be a good idea to hold on to as much as you can! You can always start up a SIPP for your son or a JISA too!

A dividend of even 1p would set you up with a fantastic income, hold on and never let go :)

PCF or BGO would be my only other choices - and I sold out of PCF entirely to get more into BMN! Maybe RDW or BWY if you're into housebuilders!

I hope this 10 bags again for you (and me, of course!)

I am organising a pension transfer for my dad so he can top up too, but the provider delayed it by sending the wrong forms. When I ask them to investigate whether my dad is financially disadvantaged by the delay, they will probably be terrified when I mention that we planned for the money to go directly into share investments (his auto-enrolment pension is with a fund provider!).

Could end up with them having some expensive compensation for the delay.

No! I want more funds to top up before the price rockets up :-)

Let's not get hostile Alfa! Lots to be happy about today

36p!!! They've done it!

Just to share my happiness too, I am currently sitting on a small holding in the £20Ks and £5200 profit on paper. Here's to much, much more to come!

Knuttie, that is a very amusing story. A client convincing their IFA to buy company shares, and making him some money off of it! Reminds me of the book "Where are the Customers' Yachts?"!

What people in the City won't mention is that Actively Managed funds have exorbitant fees, and usually either underperform their benchmark, or don't do any different to it (closet trackers). Also, financial advisers can do less thinking if they just advise their clients to go into a selection of funds that fit their Risk Profile. Most FAs don't even discuss direct share investments as part of their advice, that strikes me as something more for Discretionary Fund Managers of high net worth clients.

It's much better to to leave what warren buffett called the "know-nothing" investors, to their index funds, which are indeed the best way for average people to benefit from equity markets. But we are "know-something" investors, so we can do better. I feel very lucky I clicked on the board after seeing it in the recent posts list on the sidebar of this website, and seeing some of the more savvy posters whose profiles I click on every now and then just to see what shares they discuss. Naturally I also landed here because of that. Glad I did!

I've sold out of PCF for now, because although it was my biggest holding and in most profit, it only a month or so BMN has caught up to its gains (as a monetary amount of my portfolio) so I've taken profits on that, though it was a modest profit, and redeployed in BMN.

A shame, because PCF is an excellent company, but when you have the choice of 2 great companies, one is usually going to better or have more potential than the other, in which case it makes sense to re-deploy your funds more intelligently. I will continue to build my holding for me and my dad in this one. His small holding is already worth more than my workplace pension!

I hope you're encouraging him to buy more still.

Hope the price doesn't rise too fast. I need more funds to top up again!

The market in general is down this month, so your supposedly safe fund will be down as well. However, if you have a large holding in 1 company that hasn't gone down with the general market, such as BMN, it'll keep your potfolio out of the red (hopefully!).

BMN, along with PCF is the only holding in my portfolio which isn't in the red this month.

True, especially on AIM, but I think it's good to bear in mind it's not 100% on the MMs also. And in the end, the fundamentals will win out, which is good for us LTHs.

Mention of Stem Cells has me excited! I have been recently reading up on their importance for our health and longevity and have been reading on on things like prolonged Fasting diets and other methods of increasing stem cell regeneration and building up bodily health through the immune system and such. I think I may have to read up on this company's historic RNS and see what it's all about