This week has been a better week for me on the stock market. Solo Oil and it’s partners in the Horse Hill prospect all put out an RNS yesterday that sent their share prices up. That was good news for private investors. (more…)
It seems that traders on the stock market rely on the guidance of brokers and the pundits in newspapers, rather than doing their own due diligence before trading. We all rely on others to analyse complex annual reports, we can’t read them all; but many pundits seem to amplify minor problems. (more…)
Last August Mark Carney governor of the Bank of England issued his ‘forward guidance’ on interest rates. He told the market that he intended to keep the Bank rate at its current historically low 0.5%, at least until the unemployment rate fell to 7% or below. Can we rely on that? (more…)
Different people view investments differently, some think long term and some think short term. Greed drives some people to invest and the need for financial security drives others. As a small investor I keep an open mind, but favour companies that are basically good companies, but going through a difficult time. (more…)
It’s been quite a good week for my investments. Solo Oil has continued to make double digit gains with good news coming from Tanzania. (more…)
If you are not familiar with multi-bagger investments, it simply means the value of your investment goes up by multiples of what you originally paid for it. This is a far cry from the 1.5% per year that banks offer on some accounts (including the bonus!). (more…)
There are lots of different types of investment. Property seems to appear safe in the UK as a variety of factors limit supply and stimulate demand. Many people are making their fortunes by leveraging their property portfolios and buying more and more property to let in a market where rents are inflated. (more…)
It’s Good Friday and so the stock market is closed for 4 days. It’s sunny where I am so it could be a nice weekend. Will traders and investors forget the market through the long weekend? I doubt it. (more…)
Last week I wrote about the ‘rights issues’ I’ve been involved in on the stock market. A large amounts of shares were issued in Premier Foods and so the supply has increased. The price is dropping and I suspect it’s mostly small investors selling. (more…)
When I was young I didn’t have the opportunities to do the things I wanted to do. I have more opportunities now and so I’m trying to make the most of them. I write, do photography, enjoy nature and local history and I invest. (more…)
Interest rates are still very low in the UK. The bank rate is still 0.5% and so banks are offering meagre returns on their accounts. They try to make them acceptable with bonuses, but most people find the rates unacceptable and are looking for a better return on their money. Peer to peer lending has become safer and more popular. Leading the peer to peer lending movement is Zopa. (more…)
A lot of shares seem cheap now as we appear to be coming out of a recession. Taylor Wimpey shares have been rising steadily since 2008, but are still a fraction of what they were in 2007. They could return to the highs of over £4.00 a share as the economy recovers. I think there is a housing shortage and they are in a good position to do the building, if the government gets it’s act together.
I bought shares on the stock market a few years ago because I thought there would be a take over bid on a company. There was and I thought I was going to make money, until a large investor blocked the bid. That investor lost a fortune and I didn’t do too well. You pay to learn and now I have got my money back and then some.
Buying in a bear market
When there are more sellers than buyers in the market, traders call it a bear market and when the buyers outnumber the sellers, they call it a bull market. This appears to be a bear market; but the government is buying back it’s bonds by ‘printing’ money. What will the financial institutions do with the new money they get from selling bonds? I think they are buying shares in the markets again but being very selective. I have bought shares in another company that is making a loss; the Royal Bank of Scotland Group.