Investment Share Discussion Threads

[cockneyrebel] 29/10/2010 22:06

Go by the crowd imo.

When everyone's having a party, when the BBC start saying how well the FTSE is doing and when the hairdresser gives you a share tip it's time to get out.

To the same token, if you're in a stock and the ADVFN thread has 200 posts a day it might be time to sell. Much better to buy stocks with dead threads imo.

CR

[zorija] 29/10/2010 21:12

I agree ken - when I get the calculator out and admire the result then that's the time to sell.

Some reading material thanks to JTC...


here are some books I'd recommend:

CATEGORIES:

Investment Strategy:
Security Analysis - Benjamin Graham (HEAVY READING This is the old testament from the 'Dean of Wallstreet')

The Intelligent Investor - Benjamin Graham (HEAVY READING The New Testament)

Value Investing Made Easy - Janet Lowe (Easy read to see if you agree with the strategy)

The Rediscovered Benjamin Graham - Janet Lowe (Easy read with some late interviews that were interesting. I like this book.)

The Warren Buffett Way - Robert G. Hagstrom (Easy read and interesting examples of some of WB's great investments)

Buffettology - Mary Buffett and David Clark (An interesting slant on things. Easy Read)

The Essays of Warren Buffett - Warren E. Buffett (From the annual reports of his company Berkshire Hatherway. Fascinating).

Common Stocks and Uncommon Profits - Phillip A. Fisher (Regarded as an investment classic. Fisher was one of the greatest growth stock investors. Buffett says he's 85 % Graham and 15 % Fisher, which is a real compliment).

One Up On Wall Street - Peter Lynch (Peter has a gift for making it all sound simple. I think this book extols the benefits of understanding brands).


Management:
The Real Warren Buffett - James O'Loughlin (Buffett is so much more than an investor. What he has created in the management structure and culture of Berkshire Hathaway is truly unique).


Fraud:
The Smartest Guys In The Room - Bethany McLean and Peter Elkind (How it can all go wrong. The ENRON scandle. (A riveting read. You couldn't make this up).


Accounts: Interpreting Company Reports and Accounts - Geoffrey Holmes and Alan Sugden


History:
The Great Crash 1929 - John Kenneth Galbraith (Easy read. I think it's important to understand bubbles, crashes and investment history statistics. It may stop you being panicked out of a sound investment one day or help you avoid investing during the later stages of a bubble cycle).

The BZW Equity-Gilt Study (Facts and figures going back to 1918 on Equities, Gilts and the Cost of Living Index. Great for looking at corelations).

The Death of Inflation - Roger Bootle (Bootle saw the change coming 10 years ago, while inflation was still raging. He's a genius economist imo).

A Very English Deceit - Malcolm Balen (The South Sea Bubble and an excellent account of how London's financial power house started in the early 1700's. Insurance companies and share traders in coffee shops, no less).

[ken123rose] 29/10/2010 08:24

When it's going really really well, sell.

When it's going really really badly, buy.

I guess just another interpretation of the graphic above.

[cockneyrebel] 29/10/2010 07:50

Having done this for a living for 10 years I'd say:

Treat everyone as a liar on bulletin boards until you have known them and their posts for a long time and they have proved themself to ber pretty reliable.

Even when you think you know someone well, always remember they are still possible to be wrong as even the best of us get stuff wrong.

Confirm anything you read elsewhere before investing and even if you do get confirmation still keep checking.


Limit your risk as much as possible. Spread your investments about. Ask your self why you are investing in some foreign AIN stock with the expectation of 10-20% if you can get the same return in a non-AIM say FTSE Small Cap.

I don't invest in AIM stocks that are Chinese, Far East, Indian, Irish, Israeli or basically foreign based. Experience tells me that the risk here is higher and the dream returs rarely ger delivered - compared to the risk.

If I invest in AIM I like to see a divi being paid - divi paying AIM co's are far less risky for some reason. I'll buy AIM stocks with no divi occasionally, if they are a recovery play but the number of them in my portfolio rarely exceed 10% at any given time.

If you get into a stock that disappoints several times while promising more then sell and take a loss. Don't be of the mindset that a loss isn't a loss till you sell imo. Sell and find something going up to recoup your losses on.

Look on director buys as a good positive but remember they can be wrong too. One director sell is nothing to be worried about if other directors hold and don't sell but several director sells are an alert to beware.

Charts - don't buy a falling chart in the main. wait till it turns up at least a bit befotre buying or adding imo.

Invest in stuff you understand. I rarely do oils and miners because I don't understand them - when they fall I don't know why so I lack confidence and sell. Oils and miners arer fine - if you understand them imo.

Stick to your rules. You won't, and I occasionally don't either - then I take a hit and remember why I had these rules!

[zorija] 28/10/2010 21:31

A fair reflection in investing???
ZZZ

[zorija] 28/10/2010 21:19

Can some kind person post that chart that details the emotion of investing from the elation through to despair. Thanks...
ZZZ

P.S. Found a link, but my technical capabilities of posting an image are poor...

[saturdaygirl] 28/10/2010 20:54

If you use a bb to invest you need to access the size of the ramp ..

[double6] 28/10/2010 20:41

Unless it's a good ramp!

[unsteadyeddie] 28/10/2010 20:06

First lesson - Never listen to advise given on a free b/b.

[zorija] 28/10/2010 19:25

Thought it would be a good idea to create a new thread for new investors looking in to gain some insight and experience from die hard investors.

My initial thoughts are not to include all the pumpers and dumpers aliases but real life topics and discussion points.

Clearly newbies need to be aware of rampers but they must have questions and not necessarily stock related.

I have over thirty years investing experience behind me and I never cease to amaze myself how I did that again...

[coolen] 25/7/2010 17:15

Reason for the jump is that they piled into bank prefs during the latest stockmarket crash. Once UK banks are permitted by the EU to resume dividend payments (likely in 18 months), they expect to be sitting on fat gains. Not yet though.

[mangal] 04/6/2010 09:42

Up 50%+ over the last couple of weeks.

[mangal] 26/4/2010 19:59

Amongst the top-% risers of the day; Up almost 13%. wonder why?

[mangal] 20/1/2010 11:13

Started this as the other thread doesn't have charts in the header.

[mangal] 18/1/2010 17:12

At last, a big jump in share price to better reflect the NAV. More to come, according to the news release today.


Prince William, can we plz have charts/news in the header? tia.

[mangal] 24/11/2009 17:04

V positive intrims. Big rise in NAV- now 186p. Even after today rise in sp, the shares are trading at a huge discount of almost 33%, mid-price to NAV.

[johndee] 03/7/2002 00:15

6000% is 60 pence a penny. 60 times 100% = 6000%. Same as saying 60 times 1.

It was an error by the way on the leaders board. No movement first thing.

[port69] 03/7/2002 00:10

you guys are on drugs......please share!!

[bigface] 02/7/2002 22:29

If you look at the graph it looks like someone mad a mistake and entered INV at near 0 then corrected it backup 6000% to todays closing price. - still acused a few people to have a look anyway - including me. What does it do and why, according to the 3 year chart does it not move with the market??

[bigface] 02/7/2002 22:27

Monday he arrives late, Tuesday he don't turn up, he comes in Wednesday, but he don't work Wednesdays!

[lob25] 02/7/2002 20:41

Analcine

....We beleive that u beleive it..............

[warrcc] 02/7/2002 15:36

If 10,000 * £2.78 is enough to marry Kylie, I'm after a remortgage!

[gurp] 02/7/2002 14:57

why - are you a vicar?