Reply to: Royal Mail float

[lilelvis2000]

Dividend has been declared of 13.3p a share so a yield of 4.03% if you bought at the original price, or 2.66% if you buy today

Yay! Still got mine. I didn't even sell when they were nearly at £6.

[SimonMac]

Dividend has been declared of 13.3p a share so a yield of 4.03% if you bought at the original price, or 2.66% if you buy today

[blinko]

currently touching 590p on the ask

[lukemg]

There was plenty of chances to get more shares, I managed to get my extra shares at an average of 490 so still up 20% on that lot

Agreed and I can find hundreds of 'hindsight' trades that will make me rich. I expected the initial bump to be the bulk of the rise, which I was not alone in thinking. I have significant concerns about RM as a business to invest in from a standing start so while I knew they were selling it cheap, it is not a business I would choose to invest in without the cheap price 'bribe'.

[Bunk]

Sickening.

We'll raise to toast to you at the party as we celebrate our dirty spekulation

[SimonMac]

I'm still in and obviously happy but 500 notes isn't a life changer for anyone on here. Missus has been saying wow, that's brilliant till I pointed out we would need one of these deals every single day to pack in working !
Also can't help but think about the 10k of shares I actually applied for...

There was plenty of chances to get more shares, I managed to get my extra shares at an average of 490 so still up 20% on that lot

[lukemg]

I'm still in and obviously happy but 500 notes isn't a life changer for anyone on here. Missus has been saying wow, that's brilliant till I pointed out we would need one of these deals every single day to pack in working !
Also can't help but think about the 10k of shares I actually applied for...

[SimonMac]

Damned decent of you. for that man!

Alas all in a SIPP so you will have to wait 22 years for a drink

[AtW]

Sickening.

[mudskipper]

Champagne's on me at the Christmas party

Damned decent of you. for that man!

[SimonMac]

Now what is the appropriate smiley for those ego bought more shares when everyone else was selling them

[mudskipper]

<la la la I'm not listening>

[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.

[Platypus]

545 this morning. Currently around 530p.

I wonder if they'll touch 600 ?

[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.