RE: Share price.4 Nov 2017 16:28
TLWilliams,
Agreed... I have changed my investment strategy very recently as a result of the current market.
I have always picked from a range both on AIM and in the FTSE 250 / 100. My plan has always been to use AIM as a short-term punt and to leave the 250 / 100 shares to accrue long term value / dividends. Problem - of late - has been that my "so called" safe investments have turned sour and my AIM shares have been carrying them for most of the year so far.
Under "normal" circumstances I would not worry, as they would probably come good again.... BUT I also worry about a market correction! At least with my shorter term AIM investments I can cut and run, whereas my longer term plays are already heavily underwater as it is. A 20% correction would leave my share investment plans in tatters for years to come.
Until Brexit is sorted and we know what's happening in Europe with some certainty, I am avoiding the 250 / 100 UK listed companies like the plague (which coincidentally is probably what every other II is doing right now and the reason we are experiencing such strange times IMHO)
GLA :-)