Royal Mail float

[jamesbrown]

Despite the controversy over pricing, they were always going to underprice to some degree, in order to generate interest -that much was a given. The level of interest has probably emboldened them with future (re)privatisations.

The RM shares seem very stretched to me at this price, but I said that at 450p

[RedSauce]

Down to 492 now

[lukemg]

Loving the enthusiasm on here, I have let mine ride but will prob sell if they bounce back over 500. If not, then there are divis coming sooner or later at 6% of my initial price so it's all good apart from the woefully small allocation...

Wondering what to do with the 10k left in the ISA ?
start here -
Index fund tactics that can save you a bundle
There is a nice starter portfolio of funds listed and even a couple of single fund options that provide a nice foundation for a first-timer.
Oh - and dont start thinking you know all about this share stuff, you dont so stick to low cost trackers.
Fool.co.uk: Stock Investing Advice | Stock Research is good too.
GLA

[FiveTimes]

537 today

[Bunk]

545 this morning. Currently around 530p.

[darmstadt]

Anyone got caught out?

Royal Mail shares applicants have Isa allowance 'stolen' | Mail Online

Just for the record, I have absolutely no idea what an ISA is apart from this: Industry Standard Architecture - Wikipedia, the free encyclopedia

[lukemg]

This is a non-story especially for contractors because a S&S ISA should be the first thing you max out every tax year, definitely before you touch a pension. So, if you have chucked a load in, get it diverted into trackers ASAP.
You might think you want to work forever or will always be able to, I like to have options and thats what money gives you.
It lets you turn down work you don't want to do and insulates you from the insecure working method you have chosen.
AND, if it turns out you don't need the reserve, it helps maintain your life when work ends, bit of a win win I reckon.

[Platypus]

545 this morning. Currently around 530p.

I wonder if they'll touch 600 ?

[Bunk]

I wonder if they'll touch 600 ?

574 at the moment and they hit a high of 578 earlier this week so it's possible.

[mudskipper]

<la la la I'm not listening>