Legal & General Share Discussion Threads

[123trev] 18/6/2022 23:19

Ps I would call posting you retired at 54 from stock profits also crowing wouldn’t you!

[123trev] 18/6/2022 23:09

Marktime1231, not being personal just making the point if you look and read the posts how is it that spud can say he retired early from his investment strategy but I can’t ! I view my approach a better one that’s all and frankly “spud” seems to agree because he is definitely waiting to get in a lot lower as he has previously stated and he is definitely watching the computer screen lol.strike three I suppose.

[cassini] 18/6/2022 20:33

Apparently retail investors are still 'buying the dips'.

I'd have thought a bear market is not over until the retail punter capitulates,

Of course the FTSE100 is not in a bear market - yet - nor is the DJ-30 (although it's close) but the SP500 is, as is the NASDAQ, plus the AIM AXX index etc.

The FTSE is cheap compared to the US indices but that won't save it - where the Yanks go, we follow (sadly).

Of course LGEN will no doubt ride out a bear market and continue paying the divi - if it didn't cut the divi for Batflu then it feels fairly bulletproof.

So I can see both sides of the 'hold or fold' argument. Personally I 'folded' and await a lower price - it only has to drop a few % from my sell price before the next divi and I'll be materially better off if I then buy back in and in a bear market, a few % off (or more) should be easy to come by.

Time will tell if this strategy works or I miss the LGEN bus...

[marktime1231] 18/6/2022 19:31

Trev there is no need to get personal and irritate people on purpose

Strike two

[cwa1] 18/6/2022 17:49

Afternoon All

Just back from my jolly hols with limited internet access to see WAY too many posts to bother reading-but do note latterly a bit of "unfriendly" and unhelpful comment.

Let's keep it ON topic and civil please. NO name calling. NO he said, she said comments either, just drop it. This is addressed to EVERYONE and no-one in particular.

I plan to draw a line under everything above but please, please can we have civil, rational comments on LGEN only from now on?

Much obliged and thanks to one and all!

[123trev] 18/6/2022 15:39

Peace spud I respect you as a poster and wouldn’t want to fall out over this as I tend as you know to be something of a sarcastic barstool by nature lol.

[123trev] 18/6/2022 15:26

Stagflation is here the Dow is finally calling time on its excessive rise due to higher rates and the FED unwinding we will catch that cold the fall is going to be as fast as the rise it seems and the pain could last years so don’t bank on those dividends it’s a risk off moment for sure and that’s a fact any rise is a dead dead cat bounce.

[123trev] 18/6/2022 15:09

I retired at 42 so I would beg to differ so I’m calling this lower and intend to make money your taking the dividend making money provided you bought at the right price and time and ignoring the market sentiment and economic climate not to mention a complete change in attitude to interest rates mmmmm think I’m going to stick to my strategy spud.

[123trev] 18/6/2022 14:59

You don’t have to be a hostage to a computer lol you can place a buy order on a price your happy with this happened in the 20th century.

[matadvfn] 18/6/2022 14:45

Ty. I am probably not as regimented. More often than not I buy\hold but can definitely see your angle the trading aspect. Suspect my on style is more similar to spud. Again, not trying to be judgemental in how anyone chooses to play the game but interested in different styles\outlooks though ultimately suspect we are each choosing to do what we are comfortable with and that is likely different for each of us.

[spud] 18/6/2022 14:25

For me the dividend is the easy option. I could make more by actively trading but I’d rather not be a hostage to the computer and prefer to live a life outside of the house.

I retired at 54 from stock profits so can’t be doing too much wrong!

spud

[123trev] 18/6/2022 14:23

I always sell everything if that helps but sometimes that’s a good move and others not but I’m trading to a strict regime where profit has to be taken at a certain level.

[123trev] 18/6/2022 14:19

For me the charts the volume the economic outlook points to this going much lower and may I say this is a fact by the obvious look of things.

[matadvfn] 18/6/2022 14:18

Hi, when you buy\sell, do you ever hold on to a few "free shares" if the volume allows or do you always sell the full purchaseto maximise cash? A few years back was was more actively trading Lloyds, not huge sums, but I would only sell enough to get my original stake to purchase back so built up a small holding of zero cost shares. I'm not trying to be judgemental whichever way you are doing it!, I'm just curious,,\nosey.

[123trev] 18/6/2022 14:13

I did just that on Monday posted bought at £2.36 sold at £2.48.70 on Wednesday.

[tuftymatt] 18/6/2022 14:06

Well done Trev and I for one would welcome you posting your entry and exit points in future. This game is about making money after all and while I buy and hold now it doesn't stop me getting annoyed when a paper profit erodes as has been the case recently for me with BP.

[123trev] 18/6/2022 13:54

I imagine this post will annoy a lot of folks but I reckon I’ve made at least 150% here just in a year by trading down a lot of you seem happy to just take the generous dividends and that I suppose is what certain established trends expect but your so wrong and the proof is staring you in the face for me another trade is close this is only heading one way and the fundamentals tell that story.

[adejuk] 17/6/2022 15:50

i'm happy, now, to ride this out and get the divis
having sold most before the decline i am now back in fully and will relax.

[adejuk] 17/6/2022 15:48

yes trev
and most ftse co's are foreign !
but i imagine that means they earn in $ and the £ is weak re the $

[123trev] 17/6/2022 12:57

adejuk I would point out that those companies seem to have very high intangible assets now.It will matter at some point even taking into account the pe.

[123trev] 17/6/2022 12:52

Given the current climate for uncertainty would you hold at present! Looking at the futures considering the fall not giving me confidence and they move in what direction sorry in the opposite direction depending on the money gambling crowd,lol.

[tuftymatt] 17/6/2022 12:30

Yes adejuk, I only hold UK companies but do have a bit of a thing for the S&P. Was tempted at 3,800 but at current levels of a PE at 16 I think and sub 3,700 I took a few more today for the long term.