Originally posted by Diestl
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Reply to: RBS shares, much cheapness
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Previously on "RBS shares, much cheapness"
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As against investing for the long term in a company that will grow a solid business, reinvest in itself, and pay a consistent dividend? Nah, that's not what the stock market is for, it's for speculation, gambling, and get-rich-quick.
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What you have to ask yourself is whether any time soon banks will be able to ride a few huge bubbles at the same time to pay themselves ridiculous bonuses and giving you false feeling of "value" in £5 shares?Originally posted by Diestl View PostAt 40p
a share is it worth a punt? A share was worth 5 quid a year ago!
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RBS shares, much cheapness
At 40p
a share is it worth a punt? A share was worth 5 quid a year ago! Or will they remain low until they pay back the Gov. for preference shares?
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