My current view is oil will surprise. The most likely cause will be geo political. More generally I am watching the ever increasing debt. Leased cars, huge mortgages credit cards liberally mixed with job insecurity is a poisonous mixture. It seems I live in an area of severe deprivation. The letting agent says at the moment his safest customers are those on housing benefit. Two years ago those on benefits were shunned. The markets seem out of sync with reality and that is dangerous. Most of my investments rely on dividends but quite a few have seen fit to reduce or defer. Despite the above I am relaxed. The last two or three months have been excellent. I am hoping for a santa rally. I have some tinsel ready for the car and a couple of fairy lights for the window but I fear that January may require some fancy footwork... I am already 50% in cash.
You take care. All the current volatility in the markets can damage the ticker.. Made a few bob this week but there is nowhere to spend it. All I do is walk up and down the beach and read endless company news. Research pays... The only real excitement is when I buy a new company I have never held. I am a sad bar steward...
I have replaced the 20% of my holding I sold on Wednesday so I finish the week back where I started. Have chilting to thank for one of the in betweeners . I just cant stop the urge to day trade..
Bad day today.. Blood everywhere. Think the man in number 11 has taken the shine off the future for many. My bank has asked me if I want to have a chat about the effect of Covid 19 on my finances. Why should I tell them ...They cut my interest rate on my cash and closed the branch.. I am happy to continue as I am.. Come on A.. Get dealing.
This is one of my favourite holdings. Not exciting, not stressful, and possibly boring. Board is dead as a dodo. Nothing to say but the number of shares I have just keep growing...
I love it when a share goes into profit. I get a warm feeling but don't tell the Therapist...Buying when at lows and every one saying oil is finished takes its toll on the confidence... I find it is always best to work from bed..
Rightly or wrongly I changed my strategy this afternoon. Decided to hold all my shares and sit back and watch. Getting hard to see new investment opportunities and the one I have seem ok... Three of my dogs barked too!!
I finally decided to add today. I do not think Morrisons can afford to set this adrift. Also their shops have click and collect written all over them. All in all I may be wrong but I agree 45p should be more than possible and even more for the patient ones..