Papa Manual Posted January 2, 2009 Report Share Posted January 2, 2009 Do you actually know anything about investment? Quote Link to comment Share on other sites More sharing options...
JT! Posted January 3, 2009 Author Report Share Posted January 3, 2009 Do you actually know anything about investment?No.I just think this is as low as hsbc are going to go. The recession is predicted to only last another 18 months to 2 years, and hbos shares prices were at 1000-800 back then. They only need to get back up to 110 for me to have made half a grand.But yeah, i don't know much compared to most and i'm not denying it. Quote Link to comment Share on other sites More sharing options...
Haz Posted January 3, 2009 Report Share Posted January 3, 2009 "YOU'RE FUCKING FIRED, BOB! YOU'RE FUCKING FIRED!" Quote Link to comment Share on other sites More sharing options...
Spikenipple Posted January 3, 2009 Report Share Posted January 3, 2009 Well i'll admit it's a risky business, but then again you won't ever find an investment that is risk free!Best of luck JT I bet you'll be watching those prices like a hawk from now on. Quote Link to comment Share on other sites More sharing options...
F-Stop Junkie Posted January 5, 2009 Report Share Posted January 5, 2009 I just think this is as low as hsbc are going to go. The recession is predicted to only last another 18 months to 2 years, and hbos shares prices were at 1000-800 back then. They only need to get back up to 110 for me to have made half a grand.But yeah, i don't know much compared to most and i'm not denying it.Or... The only need to go down 35p for you to have lost £500 (plus fees). But what if they're going up when you have to sell? At what point do you sell? What if the pensions problems get too big and they collapse?Only gamble with money you can afford to lose... Quote Link to comment Share on other sites More sharing options...
Papa Manual Posted January 5, 2009 Report Share Posted January 5, 2009 Or jump on the insider trading bandwagon . Quote Link to comment Share on other sites More sharing options...
Simpson Posted January 5, 2009 Report Share Posted January 5, 2009 Gotta make some money for the wedding haha.Go to the casino and put a grand on 26, it always come in i promise Quote Link to comment Share on other sites More sharing options...
Haz Posted January 5, 2009 Report Share Posted January 5, 2009 Go to the casino and put a grand on 26, it always come in i promiseBRB, gambling life savings on 26. Quote Link to comment Share on other sites More sharing options...
that NBR dude Posted January 5, 2009 Report Share Posted January 5, 2009 This may sound a bit stupid but have you looked into the terms and conditions of selling the shares?? The reason I ask is the majority of companys have a 12month period where you cannot sell them. It stops people just buying £1m worth of shares and selling them back on hours later to make a quick buck.With the shares I have in Gemalto, I can't sell mine for 18months. Quote Link to comment Share on other sites More sharing options...
Towler Posted January 5, 2009 Report Share Posted January 5, 2009 Go for it if you are to take the risk and know that you may lose the money.... I invested in hbos last year when they hit bottom.Oilexco!? they might be worth throwing some money at never know. Quote Link to comment Share on other sites More sharing options...
Sneakers O'Toole Posted January 5, 2009 Report Share Posted January 5, 2009 I must agree with 26 always coming in. It's a real life saver. Quote Link to comment Share on other sites More sharing options...
JT! Posted January 5, 2009 Author Report Share Posted January 5, 2009 Well i lost £100 today. What did you lot do? Quote Link to comment Share on other sites More sharing options...
monkeyseemonkeydo Posted January 5, 2009 Report Share Posted January 5, 2009 Well i lost £100 today. What did you lot do?Giggled at your expense? Literally. Quote Link to comment Share on other sites More sharing options...
BONGO Posted January 5, 2009 Report Share Posted January 5, 2009 Well, i made £1475 Quote Link to comment Share on other sites More sharing options...
Davetrials Posted January 5, 2009 Report Share Posted January 5, 2009 BRB, gambling life savings on 26.LOLi found a pound? i guess i did better than jt? Quote Link to comment Share on other sites More sharing options...
Sneakers O'Toole Posted January 5, 2009 Report Share Posted January 5, 2009 It'd be hard to do much worse. Quote Link to comment Share on other sites More sharing options...
ZHI-sam Posted January 6, 2009 Report Share Posted January 6, 2009 lmfao i may start doing this, will look into it if you lot are making 1450 quid or like jt, loosing 100 (not quite so good lol) Quote Link to comment Share on other sites More sharing options...
ben_travis Posted January 6, 2009 Report Share Posted January 6, 2009 I do not see why you guys are taking the p*ss out of JT!, i actually commend what he has done. yes its a risk, but with shares everywhere plummeting just now, possibly even as low as they could go in some cases then now is the right time to invest surely???Of course there is the chance that JT's shares could drop at the moment, and the shares could be losing money, however its a similar investment as purchasing a property. At the current time, the property I have bought has probably / likely lost value, however I wish to be keeping hold of this flat for a good couple of years - 5 minimum - and hopefully in that time all this recession malarkey will have disappeared and the economy will begin to recover. As such I would hope the value will creep back up and when it comes to selling I will make a profit on what I paid.It is NEVER a bad time to buy an investment, just a bad time to sell so my advice to JT would be just to hold onto his shares through the recession and hope that when he comes out the other end he will sell at a profit.Good luck lad Quote Link to comment Share on other sites More sharing options...
F-Stop Junkie Posted January 6, 2009 Report Share Posted January 6, 2009 There's nothing wrong with people investing their money as long as:They know about the basics of investingThey know the area they're investing inThey can afford to lose all the moneyTo know nothing about investing, and putting it in a long term, low risk known stock is good. To put it into a company on the verge of collapse/takeover/who knows is very risky. Yes, now is a good time to invest, but it's also a turbulent time. Banks especially are going through the wringer and the number of banks I'd invest in at the moment is very, very limited. Anyone who has a significant profile in retailing is also not in the best shape. Who knows what the landscape will be like on the other side. You'll see more big names fall, but back the right one and they could come out stronger. Quote Link to comment Share on other sites More sharing options...
that NBR dude Posted January 6, 2009 Report Share Posted January 6, 2009 At the current time, the property I have bought has probably / likely lost value, however I wish to be keeping hold of this flat for a good couple of years - 5 minimum - and hopefully in that time all this recession malarkey will have disappeared and the economy will begin to recover. As such I would hope the value will creep back up and when it comes to selling I will make a profit on what I paid.Its not quite that simple though, as house prices rise and fall at the same rate. As your property goes back up in value, so do all other properties (to an extent, I'm generalising here) so even though you are technically making a certain profit on what you paid originally, to buy anything else will also cost more. Quote Link to comment Share on other sites More sharing options...
M-i-t-c-h Posted January 7, 2009 Report Share Posted January 7, 2009 and then minus inflation... Quote Link to comment Share on other sites More sharing options...
JT! Posted January 7, 2009 Author Report Share Posted January 7, 2009 Giggled at your expense? Literally.Back up a little today, maybe £50 down now which isn't too bad. Quote Link to comment Share on other sites More sharing options...
onzatrip Posted January 7, 2009 Report Share Posted January 7, 2009 fair play for taking the risk with everything being how it is atm tris x Quote Link to comment Share on other sites More sharing options...
Towler Posted January 7, 2009 Report Share Posted January 7, 2009 Its not quite that simple though, as house prices rise and fall at the same rate. As your property goes back up in value, so do all other properties (to an extent, I'm generalising here) so even though you are technically making a certain profit on what you paid originally, to buy anything else will also cost more.Depends on your options... Im a mortgage Adviser, I know a fair amount of folk up here in Aberdeen that have worked off shore they bought their flats/houses when the market was low. Then when property boomed they sold and rented.... 8 months to a year later they bought when the prices came back down. some of these guys made 75K + because of this. There are other ways to look at it, along with other ways to invest in property.JT... if you were anything like me investing in your first shares... bet you are sat there watching your shares every 2-5 mins!As far as my shares in the bank's go... they are not a short term investment for me. Quote Link to comment Share on other sites More sharing options...
JT! Posted January 7, 2009 Author Report Share Posted January 7, 2009 JT... if you were anything like me investing in your first shares... bet you are sat there watching your shares every 2-5 mins!I'm mashing f5 as we speak.Nah been pretty good actually, i'm normally not out of bed by the time the market closes in london, and half the time i'm in bed when it opens.What i do find myself doing is reading all the hbos news updates, even though i don't understand a word of it and i'm not going to sell until they get over 105, and never sell no matter how low they get. Makes it kinda pointless reading but i still do. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.