FTSE Again

[MarillionFan]

iirc it was you that was scrabbling around trying to find credit.

Cheap credit. Borrow it low & invest it high. It's like trying to explain business to a bunch of IT geeks.

[Jog On]

I'm still short EURO and silver from last week. This Greek stuff is starting to kick off...

[MarillionFan]

Barclays at £1.90 excellent level.

Standard Life at 2.07, gives a divvy of over 6.5%, which rose 6% last time.

Some nice prices beginning to appear.

Barclays now at £1.85 & Lloyds at 29p, still dropping.

Aquarius Platinum now at 98 down 3.5p. Bit annoying as I bought 2k worth at 101.5p. Now dropped over 70% in the last few months.

[scooby]

Barclays now at £1.85 & Lloyds at 29p, still dropping.

Aquarius Platinum now at 98 down 3.5p. Bit annoying as I bought 2k worth at 101.5p. Now dropped over 70% in the last few months.

The good thing about increases in Divvy is that theory says its a good sign for the future, and that companies only increase div if confident it can be sustained and be consistent. In the same breath, reducing a div payout is not a good sign!

However, I wish i knew more than theory and could put it in to practice... I may need to take a few £k and give it a go, altho the last time I did that, I lost £2.5k on NR after the government raped it.

[lukemg]

Got a few k in ISA waiting to be allocated. Thinking initial sum in low cost US tracker and a Pacific Tracker with monthly additions from now.
It's not exciting but I am becoming increasingly presuaded that a fair chunk should just be in lowest cost possible trackers....