The latest Investing Matters Podcast episode with multi-award-winning fund manager and international bestselling author Lee Freeman-Shor has just been released. Listen here.
First of all, not singing the song you want me to sing does not make me a decamped. It means I have a view on reality you don't like . It's not at all hard to find something to be unhappy about, the 10% fall.in value this year to date is easy for all to see. Which means even with the much vaunted dividend, we have lost money as inflation rages . Thanks to this performance, you have less money, and what money will buy you less. It was only a couple of months ago, this site was full of morons, telling everyone this was bound to reach £3+ this year. Now its full of people telling us loosing 10% in a year is a good long term strategy!!! Why not a few honest people who just say. It would have been better doing something else with your money this year. We all make mistakes. It's just more honest to admit it, than to talk crap trying to justify that mistake.
Yes and if you can invest at the beginning of the recovery with a amount of money that you have made grow before you invest at the right time, that is a good strategy, watching that same money shrink here is a bad strategy. You are either doing the right thing now, or the wrong thing now. That is the best long term policy. Leaving your money here to shrink as been a bad decision. Growing it elsewhere is a good decision. Timing it to get back here at the right time to buy in here with a larger pot of money would be a brilliant strategy. I know it's highly unlikely that many of us is clever or lucky enough to actually manage that. However please stop deluding yourselves, that watching your investments shrink, when they could earn elsewhere is a good long-term investment strategy.
You haven't taken a dividend this year. If you were here January the first this year. You haven't taken a dividend, you have taken a loss this year. Therefore it was a bad long term decision. If you bought £1000 worth on January 2nd 2023. It would have been a better long term decision to leave £950 in the bank and give £50 to a beggar in the street. There is no such thing as long term. You are either doing the right thing now or not. Those that didn't (like myself) cash in on January 2nd this year, have made a bad call .
Elsewhere. Not else.
There is no such thing as a long term investors share? Either your money is in the right place now or it isn't. If you have lost money this year as we all have. Your money would have been better else. You would then have more money to buy these when the time is right. Making a small amount of profit in the bank, is a better long-term strategy than loosing money here.
You must have very different experiences to me as far as AI customer services go. I'm yet to resolve anything through AI ,always end up having to speak to a person. If anything it puts me off the company involved. As I type I've pretty much decided to change my bank, partly because of how unhelpful AI was
Why?? Well maybe a company in heaps of debt,run by a management team with a history of errors doesn't help does it?
If they used the profit they made to transform themselves, why do they have debts?
So they owned a gold mine but didn't make money? Promising???
As it ever occurred to anyone here, that if this company were ever going to be any good at paying off debt and turning it into a profit. They might have done it by now?
No it won't.
the market knowing **** is irrelevant. if this is where we are valued, its where we are valued, rightly or wrongly. so please stop the silly misleading speculation. , nothing is going to happen for a good while to change the market value here. its about results and trust, and we don't enough of either yet.
Rule number one on these sites ìs ignore everything, everyone says,because they all say what they want to happen, which as little to do with reality. Had the same crap on the legal and general site. Every moron and there mother predicting it would reach £3 this year, currently £2.34,and that's roughly where it will stay for the foreseeable. Same here, last day to get in below 16p haha. This is where it is,give or take a tad,for the foreseeable as well. Markets know about the potential, this is how much they value it,and how much they will continue to value it until it reaches that potential without the usual balls up. So sit back relax and except this is where you belong for at least the rest of the year.
Good choice of name.
People are basically morons. Your not driving the same internal combustion engine you were 90yrs ago. They progressed, are you really stupid enough to think modern technology won't progress??? Are you really that stupid. Do you really think answers to problems won't be found, are you really that stupid??? The only problem with the new technology is it was delayed by the vested interests. We should have been where we are now 20yrs ago,but big oil and the press did everything they could to hold it back, same as they are now. The future could well be hydrogen powered car's, especially if we can stop big oil buying up the rights.
People with tattoos, vaping in the queue for a food bank, who wouldn't have dreamt of putting the tattoo money aside so they could feed themselves
Change your bank.
If its supply side inflation, and I'm pretty sure a large part of it is. Then people are getting what they voted for. Since Brexit we only have to visit the local supermarket to see the increased shortage of goods, my local asda specialises in empty shelves. I know other issues play a part, and we aren't the only ones suffering inflation, but another Brexit bonus is we will suffer more and for longer with supply inflation.
Just opened a new bond 5.67% this time next year it will be interesting to see which as performed better, bond or LG , happy to have both options, but I suspect bond will be best.
I only mentioned it,because someone said the market wouldn't react to his appointment.