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Savings and Investments thread

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Comments

  • LargeAddick
    LargeAddick Posts: 32,543
    £225 for me, nought for the missus (both 35k holding)
  • IdleHans
    IdleHans Posts: 10,956
    edited September 2024
    bobmunro said:
    CafcWest said:
    And the Metro bank shares that I bought for 37p each when they dropped have slowly started to climb up - currently 57p (I decided to hold on and not cash in when they went back up a bit).

    Maybe set yourself a 'stop profit' level. e.g. sell at 70p, sell at 50p i.e. sell if it goes above 70p, sell if it goes below 50p (only an example and I don't know how much stock you are holding of course).

    A former CEO of a company I worked for many years ago gave me sage advice that I have always tried to stick by - 'Always set a stop profit/loss sell point'.
    Sensible advice. I'd also consider setting a trailing stop loss to make sure at least some profits are locked in once made.
    So for example, if you buy at 50p with a trailing stop loss of 10% and the shares rise to 70p, your stop loss price becomes 70p less 10%, ie 63p.
    I'm also a fan of taking profits as a share rises so that you lock these in and your exposure to price drops is limited. There may even be rare occasions where the shares you retain are effectively free.

    (nothing for me on PBs this month)
  • Rob7Lee said:
    Nothing for father in law!! His winning streak is finally broken.
    And what a streak it was! 

    £175 for me on 43k. Not enough to get the 2024 return anywhere near 4%, and time is running out.  , 
  • £125 for me on max holding
  • CafcWest
    CafcWest Posts: 6,163
    TelMc32 said:
    bobmunro said:
    CafcWest said:
    And the Metro bank shares that I bought for 37p each when they dropped have slowly started to climb up - currently 57p (I decided to hold on and not cash in when they went back up a bit).

    Maybe set yourself a 'stop profit' level. e.g. sell at 70p, sell at 50p i.e. sell if it goes above 70p, sell if it goes below 50p (only an example and I don't know how much stock you are holding of course).

    A former CEO of a company I worked for many years ago gave me sage advice that I have always tried to stick by - 'Always set a stop profit/loss sell point'.
    And if @CafcWest is reading, Metro shares have jumped nearly 7% this morning to over 69p…
    Thank you @TelMc32 I would certainly consider cashing in...if I knew where better to invest the proceeds!!
  • cazo
    cazo Posts: 1,483
    First time for ages zero for me. £250 wife🙁
  • bobmunro
    bobmunro Posts: 20,839
    edited September 2024
    IdleHans said:
    bobmunro said:
    CafcWest said:
    And the Metro bank shares that I bought for 37p each when they dropped have slowly started to climb up - currently 57p (I decided to hold on and not cash in when they went back up a bit).

    Maybe set yourself a 'stop profit' level. e.g. sell at 70p, sell at 50p i.e. sell if it goes above 70p, sell if it goes below 50p (only an example and I don't know how much stock you are holding of course).

    A former CEO of a company I worked for many years ago gave me sage advice that I have always tried to stick by - 'Always set a stop profit/loss sell point'.
    Sensible advice. I'd also consider setting a trailing stop loss to make sure at least some profits are locked in once made.
    So for example, if you buy at 50p with a trailing stop loss of 10% and the shares rise to 70p, your stop loss price becomes 70p less 10%, ie 63p.
    I'm also a fan of taking profits as a share rises so that you lock these in and your exposure to price drops is limited. There may even be rare occasions where the shares you retain are effectively free.

    (nothing for me on PBs this month)

    Absolutely - a couple of years ago I bought a chunk of BAT shares and thankfully they rose nicely enabling me to set revised stop profit/loss points.

    Unfortunately not all of my share dealings have gone the right way, but have always managed to minimise any losses to an acceptable level with stop loss.
  • Zero on max. Bugger. Been doing ok this year so shouldn’t complain…
  • Rylo
    Rylo Posts: 860
    Zero for the last three months, and £275 in total this year. Not great, but holding out for the big one just before Christmas… 🤞🏻
  • There are already too many things to remind me that life is flashing past.  Seeing a sudden flurry of activity on the S&I thread is now one of those!
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  • hmmoore
    hmmoore Posts: 125
    £100, max holding.
  • £175 me and £150 wife both max.
    3.2% return so far this year
  • Buglehorn
    Buglehorn Posts: 1,002
    Nothing again on 9k
  • bobmunro
    bobmunro Posts: 20,839
    There are already too many things to remind me that life is flashing past.  Seeing a sudden flurry of activity on the S&I thread is now one of those!

    I know the feeling.
  • Rob7Lee
    Rob7Lee Posts: 9,589
    edited October 2024
    Happy premium bond day!

    £125 for me (on around £27k), £150 for Mrs R7L on max holding, £100 for daugther on around £25k.

    EDIT: £150 for Father in law on Max holding.
  • £150 for me on £38.5k.
  • blackpool72
    blackpool72 Posts: 23,659
    Nothing for me on 22k holding. 
    4 consecutive months on zilch. 
    Time to put my money into something else me Thinks 
  • bobmunro
    bobmunro Posts: 20,839
    £100 for me, £50 for Mrs M - both max holdings.
  • After last month’s zero I’m pleased with £100 x2 and £25. On max
  • meldrew66
    meldrew66 Posts: 2,561
    edited October 2024
    Total of £475 for me and Margaret consisting of 8 prizes, including 2 x £100 on max holding. It does feel like you generally have a good month then bad month so I’m expecting bugger all next month. Glad to see Lifers getting a better return compared to last month that was generally poor for most. How can it be so consistently variable for a ‘random’ group of bond holders that happen to be Charlton fans? It’s odd, isn’t it?!
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  • Pedro45
    Pedro45 Posts: 5,820
    Nought for me on month-one of full holding....
  • Jon_CAFC_
    Jon_CAFC_ Posts: 563
    £50 on max 🤦🏼‍♂️
  • cazo
    cazo Posts: 1,483
    £375 me and the wife. £75 me £300 wife both on max.
  • cafcpolo
    cafcpolo Posts: 3,811
    300 off max & now up to £3075 for the year.
  • hmmoore
    hmmoore Posts: 125
    Just £25 for me, max holding.
  • Solidgone
    Solidgone Posts: 10,203
    £200 max
  • cafctom
    cafctom Posts: 11,355
    £200 on max holding
  • CafcWest
    CafcWest Posts: 6,163
    £50 on max…not impressed!!
  • Rob7Lee
    Rob7Lee Posts: 9,589
    I'm currently at 3% return for 2024, the Mrs at 3.1%, daughter at 22.7%
  • IdleHans
    IdleHans Posts: 10,956
    Nothing again. 
    Though I've got £50 worth from years ago and I know the pb number slip is in a file somewhere. It's been so long since I clapped eyes on it that I may have won several huge prizes in the meantime. 
    Or not.