VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
|
You'd make more buying and selling haribo.
Corsa 2.0 16v Vegas - Sold
|
luke85
Member
Registered: 26th Nov 07
Location: Chesterfield
User status: Offline
|
Could have made some money by shorting them now the bans lifted, im just not brave enough with my money at the minute 
|
luke85
Member
Registered: 26th Nov 07
Location: Chesterfield
User status: Offline
|
Ah an james if your in the know, do you have any advice on how to protect 5k savings? And whats coming next, inflation or delfation?
Was thinking of buying some gold as an investment for the next few years, whats your opinion on this?
Everyone seems to have a different opinion on what to do
|
sand-eel
Member
Registered: 15th Mar 07
Location: carluke/braidwood--IRNBRULAND
User status: Offline
|
RBS has gone down £40 odd in the last month 
|
Paul_J
Member
Registered: 6th Jun 02
Location: London
User status: Offline
|
http://www.pistonheads.com/gassing/topic.asp?h=0&f=92&t=625739&i=0
0uch... read that! 'I've just bought 10,000 pounds of shares at 45 pence in RBS!' back in dec...
I bet he's gutted now.
[Edited on 21-01-2009 by Paul_J]
|
luke85
Member
Registered: 26th Nov 07
Location: Chesterfield
User status: Offline
|
quote:
Originally posted by sand-eel
RBS has gone down £40 odd in the last month
Short selling means you make money when the share price falls 
|
VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
|
I bought £500 of BBG/HBOS shares a while back 
Looks like Barclays day on open today. 25% down... 55p eek!!
Corsa 2.0 16v Vegas - Sold
|
BYRON
Member
Registered: 1st Jun 04
User status: Offline
|
My boss has lost thousands and thousands on his RBS shares. Used to work for them and had been accumulating them for 21yrs befor he left.
Has had to postpone his early retirement.
|
willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
|
fuck thats bad, though you should know better than to hang onto shares forever.
|
VegasPhil
Premium Member
Registered: 16th Jan 05
Location: Fareham, Hants Drives: Octavia VRS
User status: Offline
|
Not even imaginable tho is it when it was £12 a share 18 months ago.
Corsa 2.0 16v Vegas - Sold
|
Neo
Member
Registered: 20th Feb 07
Location: Essex
User status: Offline
|
quote:
Originally posted by BYRON
My boss has lost thousands and thousands on his RBS shares. Used to work for them and had been accumulating them for 21yrs befor he left.
Has had to postpone his early retirement.
Same as my old man, he's been there over 30 years
quote:
Originally posted by VegasPhil
Not even imaginable tho is it when it was £12 a share 18 months ago.
Exactly, right pish take ! However thats what the market can do !
|
James
Member
Registered: 1st Jun 02
Location: Surrey
User status: Offline
|
quote:
Originally posted by luke85
Ah an james if your in the know, do you have any advice on how to protect 5k savings? And whats coming next, inflation or delfation?
Was thinking of buying some gold as an investment for the next few years, whats your opinion on this?
Everyone seems to have a different opinion on what to do
I wouldn't say i'm "in the know" but I work in investment banking so I know more than your average Joe.
For the sake of £5k i'm not really sure if it's worth any real investments because in investment terms it's not a huge amount when you take into account trasaction fees etc.
Gold and commodities in general are probably the safest asset at the moment although nothing is guaranteed.
If you want to take minimal risk then I would consider a fixed interest bond. The money has to be invested for a set period e.g 1/2/3 years but you will get a guaranteed return higher than your average ISAs/savings accounts.
Just want to add this: Please don't take any of my advice as gospel........I'm not trained to give this advice, it is simply my opinion 
[Edited on 21-01-2009 by James]
|
willay
Moderator
Organiser: South East, National Events
Premium Member
Registered: 10th Nov 02
Location: Roydon, Essex
User status: Offline
|
quote:
Originally posted by VegasPhil
Not even imaginable tho is it when it was £12 a share 18 months ago.
thats what happens when banks arent in control of their own books and dont let their share holders know how much deep shit they are in. Could say it was overpriced back then!
|
