The FTSE

  • Thread starter Thread starter worsleyweb
  • Start date Start date
Hutchymcfc said:
Ouch, this time last year markets started to go down mine at 1 point was down to what I invested but I stuck with it and now its more than it was before

I only buy funds though as I feel shares are too risky
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It's a tricky business to be sure. On the one hand the old adage is "never catch a falling knife", but on the other hand when a stock (or fund) has dropped, then it can be a buying opportunity. But how to know?

I have £25k ish languishing in a woefully under-performing Jupiter India fund, on which IIRC I am about £2k down as we speak. But 6 months ago, I was £10k down and obviously they have rallied since. Had I had the balls to throw another £25k in, I'd now be sitting on a very tidy return.

If my aunt had bollocks etc.
 
For anyone who prefers to DYOR and use balance sheet ratios as a basis for investing in equities, I have found, by chance, a free stock screener with the stock market betting company IG Index. The viewer can set their own fundamental requirements and I have found just one company that meets my own requirements, that being Tate and Lyle and I bought a small stake in that company only a few weeks ago. It's gone up since I bought in I'm glad to say but even if it sticks around at the same level I'll be happy just picking up the dividends until it does go seriously backwards.
 
Tricky17 said:
I’m heavily invested in Avacta, averaged down to 1.22 but it’s been a rollercoaster. Now at 2.44 and could go much higher if and when they get the testing kit CE marked. Lots of other good parts to their business other than Covid especially Cancer Therapeutics.
Not suggesting any investment advice as should always DYOR but it’s been a profitable investment but has taken a lot of ups and downs
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Looks like one where an investment before April last year would have been fantastic. Sadly I’d never heard of Avacta until your post.
 
west didsblue said:
Looks like one where an investment before April last year would have been fantastic. Sadly I’d never heard of Avacta until your post.
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I still think it has legs as if they get any part of the £8billion government contract for testing then it should take another leg up. I like pharmaceutical and energy shares but lots don’t multi bag like this has. I’ve also invested in Eurasia Mining which is in a bid situation so may multi bag, problem is I do most of my investment on Aim which can be higher risk as seems less regulation than if listed on the FTSE
 
Tricky 17.
I was in Avacta and made sone money, but missed moat of the big rise.
I put the gains in Synairgen on AIM.
It is well worth a look.
Tjey have 1 trial reading out shortly and 2 ongoing.
It isn't going to stay at this level for much longer.
 
worsleyweb said:
I sold a while back mate. Bought massively at 90 and cashed out around 160. Been so lucky I then ploughed it into rolls Royce and made about 25 percent in 2 months. Luckiest run ever on the shares.
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Only reason I bought RR shares was my biggest customer supplies test pieces to them for R&D, they've never stopped throughout the pandemic. The Customer I deliver parts for has had to outsource a project to a group partner because they are so busy with RR, someone with more knowledge could probably hazard a guess at what price the shares could end up if they returned to pre pandemic levels of business.
 
hammocity said:
Only reason I bought RR shares was my biggest customer supplies test pieces to them for R&D, they've never stopped throughout the pandemic. The Customer I deliver parts for has had to outsource a project to a group partner because they are so busy with RR, someone with more knowledge could probably hazard a guess at what price the shares could end up if they returned to pre pandemic levels of business.
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400
 
So as we approach a new Isa year I asked my IFA about using this years allowance. Basically he came back with a mirror image of my existing portfolio funds but wants 2%/£400 to set it up..
I'm wondering should I just do that myself through Interactive Investor for half the cost??
 
nellyonthewing said:
So as we approach a new Isa year I asked my IFA about using this years allowance. Basically he came back with a mirror image of my existing portfolio funds but wants 2%/£400 to set it up..
I'm wondering should I just do that myself through Interactive Investor for half the cost??
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Buy @SWP's back a pint, he'll sort it!
 
nellyonthewing said:
So as we approach a new Isa year I asked my IFA about using this years allowance. Basically he came back with a mirror image of my existing portfolio funds but wants 2%/£400 to set it up..
I'm wondering should I just do that myself through Interactive Investor for half the cost??
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You could do that or you could put £400 into your portfolio instead
 
Advice required please.

I have a Royal London SIPP which is what I consider my ”safe/low risk” fund.

I’m looking to open up a separate SIPP that I can pay a small amount into each month, for example £250/500, where I can buy into some funds etc or have a dabble on the odd share, basically more of a speculative account.

When I considered this about 18 months ago I set up a SIPP with AJ Bell that has lay dormant, but I‘ve seen on here people mention HL among others.

When I look at any of these companies’ reviews they all seem to have plenty of bad ones so there is no standout on that front.

I‘ve tried to look at the fees tables but it’s just too confusing to a novice like me.

For additional context, I’m a director of a small limited company, me and my business partner make decent profit so it’s far better putting as much as possible into pensions rather than giving it the taxman.
 
nellyonthewing said:
So as we approach a new Isa year I asked my IFA about using this years allowance. Basically he came back with a mirror image of my existing portfolio funds but wants 2%/£400 to set it up..
I'm wondering should I just do that myself through Interactive Investor for half the cost??
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I'm not convinced IFAs are worth their money.

This article is great: Stocks -- Part IX: Why I don't like investment advisors | JLCollinsnh

I'd suggest opening an account with Vanguard and investing in one of their cheap funds (Like the LifeStrategy 100 fund). It will cost you way less than 2%. That £400 could be growing for you, not your adviser.
 
Rammy Blue said:
Advice required please.

I have a Royal London SIPP which is what I consider my ”safe/low risk” fund.

I’m looking to open up a separate SIPP that I can pay a small amount into each month, for example £250/500, where I can buy into some funds etc or have a dabble on the odd share, basically more of a speculative account.

When I considered this about 18 months ago I set up a SIPP with AJ Bell that has lay dormant, but I‘ve seen on here people mention HL among others.

When I look at any of these companies’ reviews they all seem to have plenty of bad ones so there is no standout on that front.

I‘ve tried to look at the fees tables but it’s just too confusing to a novice like me.

For additional context, I’m a director of a small limited company, me and my business partner make decent profit so it’s far better putting as much as possible into pensions rather than giving it the taxman.
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All sorted. Had a chat with @SWP's back who was kind enough to give me some good honest impartial advice, which was very kind of him. Must have been hell for the poor guy, having to drag himself off the golf course to help out a muppet like me! Cheers Sam, it was much appreciated.
 
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