Taylor Wimpey Share Discussion Threads

[jugears] 12/11/2020 11:05

Who doesn't want to be added to my filter list? just added donald duck, never could stand his speech impediment!

[wfl1970] 12/11/2020 10:43

DD.
looks like your addressee was the first to take the bait... ;)

[jugears] 12/11/2020 10:17

DD, my post was badly worded, English was never my strong point but people like you just make me want to succeed even more , When I said I had not ever invested any other money to my investment pot I meant Anything other than the profits that have built up on my original investment i.e my £1000 I initially invested has increased by reinvesting the profits from my original shares, having bought the likes of Asda, Burtons, Next, Safeway, pilkington for 50-60p & holding for several years, I sold next for 7.50 & the others around £4.50 as my profits grew I invested larger sums but up until the financial crisis I had only ever invested 20k in any one company, my big break came in the financial crisis buying Tw, Tp, Weir group etc all for knock down prices, It was the profit I made on Weir group that I used to purchase 200k of share in Tw @98p

[folderboy] 12/11/2020 09:45

Always interested to read JUGEARS - just not sure, given his work regime etc, how he finds the time to write so many, often long notes. Guess I need to try harder and work longer.

[gbh2] 12/11/2020 09:39

That's a Mickey Mouse comment ;)

[disneydonald] 12/11/2020 09:24

Jugs, or should I correctly refer to you as an Avatar. Just for those who still believe you are a real person, as in flesh and blood. The last post is blatantly provocative with so many miss truths and inaccuracies from early posts, and is designed to elicit response. We’ll see who takes the bait.

[jugears] 12/11/2020 08:45

GARYCOOK, I started with 1k & apart from 20k I put in TW at 30p I have never added any other money to my investment pot which is now worth circa 1.2 million I have taken about 200k on top of this, So really the markets owe me nothing.Luckily at the start of the financial crisis I piled in to every bombed out share that I could, made a lot of money that I have only recently put back in to the markets, using some to make property investments. I expect my investment pot to at least double or triple over the next few years once we have broken ties with the EU !

[gbh2] 12/11/2020 07:59

imastu, I don't think Jugs condemns what others do, he's just passionate about what he does, rightly so if it works for him.

Looks like we're going to see some trading opportunities today :)

[imastu pidgitaswell] 12/11/2020 07:45

Jugs - I have no criticism of what you do and how you do it, honestly! I was just asking that you don't condemn what I and others do - there is more than one way to skin a cat...

[garycook] 12/11/2020 07:44

gbh2,Baracuda2 correct.Also Filtered.

[gbh2] 12/11/2020 07:40

"do you think we are all stupid"

What do I think,

I think you are Pig Ignorant, what I know is, henceforth you are Filtered !

[jugears] 11/11/2020 22:47

imatsu, the markets has always been volatile!hence the reason I take a long term view, there have been many times where I could have sold to cheaply but held my nerve & thats has given me large rewards, I may take gambles but do not take risks, good well ran companies never loose an investor money long term. I have only lost money in 2 companies in over 40 years & both of those went bust 20 years ago due to over expansion! I am not condemning anyone's approach to investing but I am more than happy with my approach, It has proven to be the right decision time & again & thats why I am confident to invest larger sums,so why would I want to change that? the markets may have been volatile recently but none of my current shares are loosing money & whilst tw & Lloyds may have drifted from there peak I have managed to add substantialy more in both at levels I wouldn't have expected 12 months ago, current market conditions may be very challenging for some investors particular those that rely on that income or those that invest with money they cant afford, but I look on it as one of those once in a life time opportunities to purchase extremely cheap shares & doubt we will ever see another chance like this to invest long term for very substantial returns. I don't expect anyone to like or agree with my approach in particular sikh, but I have been dismissed many times especially when I said may target price was £2.64 many years ago when many said it wouldn't get above £2! & although we haven't quite got there I strongly believe this would have surpassed that this year had it not been for covid & whilst I may have to wait a bit longer I am confident all of my future targets will be met. Good luck to all that trade if it works for you then well done but please don;t condemn my methods they work for me I have proof of that & have no regrets in any of my investment decisions I have ever made except for selling next to cheap but all that has done is made sure I have never made that mistake again, I am happy holding all my investments that I own currently & look forward to the substantial future rewards they will bring.I do not believe that stamp duty holiday & help to buy ending for second homes will have any major effect on the housing market, neither do I expect to see a decline in the buy to let market where rental demand & returns is now higher than it has ever been.

[baracuda2] 11/11/2020 22:40

You two are just unbelievable

[baracuda2] 11/11/2020 22:39

Jugs and gbh, do you think we are all stupid

[cl0ckw0rk0range] 11/11/2020 21:48

£2 beckons

[cl0ckw0rk0range] 11/11/2020 21:48

Won't be long now

[sikhthetech] 11/11/2020 21:42

everyone's circumstance are different and everyone will have different risk/reward ratios. Current environment is good for trading. The problem with Jug's posts is that they don't add up, full of contradictions.

The current markets are good for trading, whilst waiting for the next direction.

HBs have an interesting time during Jan-March. Barratts were on TV regarding cladding scandal. That and leasehold scandal could become news soon.

As well as
Brexit
Help to buy for 2nd homes ending.
Stamp Duty hol ending March
Furlough ending March.

[imastu pidgitaswell] 11/11/2020 21:26

Jugs, LOL if you want, but we all do things differently, and there is more than one way to be successful at this. You do what you do and I'm sure it works. I do what I do and I know it works.

Bear in mind we all have different objectives, and those objectives can change for each person, never mind be different from others' objectives - gbh2 is, sensibly, keen on capital preservation and income in retirement. Right now, I'm keen on capital growth, but in a fairly short space of time will veer more towards ghb2's objectives.

In this case, it makes sense for me to take some - note some - money off the table here, after it is up 50% in a little over a month (I had DLAR increase over 400% intraday within 2 days in early June) and invest it in precious metal miners that have just plunged 20%. There have been many other examples this year, a very volatile and fertile year, which may not be repeated again in our lifetimes. The key word is volatility - see how much some shares, large FTSE 100 shares, have moved within a week, both up and down - and this has been happening since February.

No-one is right or wrong about how they do this - we just do what works for us.

[gbh2] 11/11/2020 20:20

Jugs, At executive level, in the international companies I worked at, there was lots of psychometric testing involved and one of the things we discussed at one session was the distinction between being Educated and being Clever, believe me I came across lots of Degree holders that simply were not Clever :)

Many many years ago, ok when I was young, my mentor at the time told me that one day I would have to decide if I was working to live or living to work. After all these years and the hundreds, maybe thousands of bits of advice I've had from others, that is the one bit of advice I have passed on to my kids and their kids.

Looking back I don't wonder what it was all about, I'm content that I know.
Time now to switch off and have a glass or two.

[gbh2] 11/11/2020 18:59

I don't doubt you Jugs, but you're effectively still building your Pension pot whereas I (we) stopped twenty years ago and are now living off the income, managed by a Trust.

We'll never want for anything and nor will our kids, as long as some toerag government doesn't one day find a way of screwing it out of us.

PS You don't need to sit & watch the markets all day, you can set up buy and sell orders to trigger at specific prices then get on with your day.
In summer we go out but in winter the missus does what she does with arty craft stuff whilst I manage the house and mess about with the tech that I've built into our surroundings.