Phoenix Share Discussion Threads

[davethehorse] 30/4/2024 12:07

Hi down ticker....cheer up mate....might never appen

[davethehorse] 30/4/2024 10:24

Shorters getting burnt alive now lol

[netcurtains] 30/4/2024 07:00

MRF sold some old tat in Poland oh dear.... hopefully Phoenix bounce back will help

[growthpotential] 29/4/2024 19:56

But what's actually happening on the ground at Phoenix

[my retirement fund] 29/4/2024 19:28

See if you can find a friend (if you've got any) with an IQ over 70. Perhaps a non brexiter friend as they tend to have higher IQ's, who can explain it all to you netcurtains.

[netcurtains] 29/4/2024 17:23

oh dear, they only seem to be worth about £8k

[montyhedge] 29/4/2024 17:00

This time next year Rodders we will be millionaires, lol. I hope he can sell it, second hand Rolex's have dropped big time, in the last nine months.

[davethehorse] 29/4/2024 16:00

£5 + tomorrow here....looking good for a BIG rebound after the excessive post ex div slump....

[rongetsrich] 29/4/2024 14:16

I expect a down thumb every post, but someone on here is grumpy today, even the good guys are receiving this individual's scathing retribution, lol!

[montyhedge] 29/4/2024 13:06

Theodore Johnson the UPS driver never earned more than $14,000 a year, ended up with $70 million through compounding, Google him fascinating story, shame it wasn't in a isa, lol.

[rongetsrich] 29/4/2024 12:25

Very impressive Monty, an inspiration and an example that it can be done.Could I please ask what other holdings you have? Fully understand it's none of my business, but I'm always willing to take pointers and tips, to investigate for myself!

[growthpotential] 29/4/2024 11:26

What's the Barclays downgrade(?)

[laurence llewelyn binliner] 29/4/2024 10:01

Good for you chap, that is the way to do it, I refer to JL and his strategies often to remind me about the long term compound growth impact on a PF, it is not about hitting big winners, but it is about compounding safe/steady 5/6% income, having patience and avoiding losers which can and will set you back years if it happens and just 1 goes to zero..

Ridden through the black swans of 2007/8, 2010, Covid 2020, did well in 2021, got absolutely nowhere in 22/23 but was able to reinvest 100% of dividends into discounted stocks and 2024 is looking a whole lot better with some 10% returns on offer.. :o)

[montyhedge] 29/4/2024 09:44

Yes started from Pep days maximum you could put in, which was peanuts.Just pick the leader in the sector you like.No funds etc, I just pick my own shares. So any loss my own mistake.Compounding is the eight wonder of the world.How those 22 investors got to over 10 million, incredible must of had Apple, Microsoft etc from the start.

[laurence llewelyn binliner] 29/4/2024 09:25

#Monty, very well done .. :o)

Can I ask when you started out building that..? from ISA year 1999 or did you do the earlier PEP/TESSA years before..?

Lord John Lee of Trafford was/is the 1st guy, (1987-2003) and sat on the top step today IIRC, and was a very early stage investor, all from the mid caps, never touched a managed fund or trust to achieve the growth he has, picked his own stock right the way through..

[bluemango] 29/4/2024 08:29

Having a million doesn't stop you being curious about others' and exchanging views on investments.

Nor does it stop you wanting to keep up the income it generates. Especially if you have an innate pleasure in playing with numbers.

[montyhedge] 29/4/2024 08:11

Million is nice I'm lucky one of the 650 who have over a million in an ISA.But I also trade that's why I pay 1200 pounds a year for ADVFN premium.You need 5 million pounds to be an equivalent millionaire like the old days.According to HMRC there are 22 investors with over 11 million in an Isa.Now that's nice.

[netcurtains] 29/4/2024 06:31

"Not many millionaires find time to post here daily :}"

Why do you say that? A million is not much nowadays...
and ADVFN has loads of elderly posters living off
income from portfolios...

[mcunliffe1] 28/4/2024 18:07

Referring to montyhedge’s post about owning thousands in his ISA Raggab

[raggab] 26/4/2024 14:27

Random post? Not sure I get your point

[gbh2] 26/4/2024 11:59

Not many millionaires find time to post here daily :}