The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
If a big investment fund is willing to bet over 25% of the fund on one share, it's a pretty good indicator for value.
Is the energy market going to suddenly crash the price of oil? No. At under 5p a share this is a bargain. Won't be surprised if this share hits 8p before January, with the rate oil prices are increasing.
Oil prices will continue to rise due to inflation and supply shortages. Yes hurricane have had their fair share of financial difficulties, but I see a much brighter future than the share price reflects.
The UK, more than ever, know the importance of having your own commodities and not being reliant on foreign relations. Just can't see Hurricane failing. Time will tell. If I had more money then I'd invest a big portion in Hurricane.
I'm a posty, I have been for 5 years now. For the last 2 (and a bit) I have been buying into the share scheme with work, allowing us to buy up to £100 a month of shares. I've done the full £100 since the start and I'm more than happy with how well it has performed. But as I'm not cashing them in, not for another 30 years at least, the first couple of years performance don't matter all that much.
I'm using the scheme as a long term, tax free, side pension pot. I'm very aware, when I look around the office, that being a posty now isn't for anyone over the age of 60. Unless you like the idea of hip and knee replacements to keep you going. So I need to make sure I'm set to go as early as possible.
I am here simply to recommend to anyone looking or wondering about royal mail, that in my opinion it is a very safe bet long term. Put quite simply, if they gave me the option to increase my monthly payment in shares, I would.
I've just finished explaining this exact same thing. Mega crash could happen. Bitcoin could go down to, but if the past is anything to go by then people will feel safer knowing their money isn't going down like their shares are. Could be a huge boost for argo.
These shorters are going to have to sell a lot of stock to repay their losses on gamestop.
Anything sub 70p is a great price
Yes, bitcoin could drop further overnight. But the recent trends show it will increase overnight.
Imagine waking up in the morning and bitcoin has gone back up a few grand. Argo opens 20% higher. Dont wait for it to drop a few percent more, lock it in now at what you know is a cheap price long term.
I read an article recently and it has been bothering me. The title read something along the lines of 'bitcoin is in a bubble and about to burst'.
The writer said that bitcoin was based on the bigger idiot theory, the price will go up as long as there is someone more stupid than you to pay more than the price you paid. Well as much as this is true, with all investments, it got me thinking who is the stupid person currently buying bitcoin?
If the supposed bigger idiots are major financial institutions whose job it is to make money, then that leads me to think that maybe this isn't a bubble.
If USA and UK announce no more quantatitive easing then yeah, sell all your bitcoin. But is that happening any time this year? I highly doubt it.
If the bigger idiot is a financial institution, it's pretty safe to buy.
If bitcoin rebounds over the weekend it's an easy 20%. I'm holding long term, really see great things for Argo. Too much quantatitive easing devaluing currencies going on, will only benefit the crypto world.
Just added an extra few hundred to the retirement portfolio.
I was disappointed with today too. I would have sold if there was a big big spike (£1.50+)
I bought in at 12p when I saw the gap between the increase in btc price compared to the share price at the time. I watched it go up to 16p and then fluctuate between 13p and 16p, so I very happily sold for an easy 25% profit for a couple of days work.
Then the explosion of Bitcoin happened so I bought back in, a few times, and my average now stands at 46p.
I'll admit I knew relatively little about the crypto world when I bought in for the first time. But I've since tried out coinbase and can see (in my opinion) that there is definitely a big future for cryptocurrencies.
I will more than likely be holding until March for the results of the new machines and what impact they have before deciding to sell. At under 50p a share I do feel relatively safe that I won't make a loss, but you never know!