You all know me....you all know I believe I can do just about anything, with a few exceptions based mainly on the fact I'm a man...and I can't dance.
For a long time - some 17 years - I've thought I could make money on the stockmarket. Ever since I could understand the concept...it seemed so simple. No - really, it did. Wait till people over react to some news, take advantage of the fact.
So, the other month, I took advantage of this fact...
When the Bradford&Bingley share price noise dived to 32p per share, I bought some. I bought 250 of the things at their lowest price for...well....since they were sold in the first place.
Now they've risen in value to about 55p per share. Now I have a dilemma.
I could sell them and make my profit...or I could hang on to them for the dividend. Unlikely to yield much for the next 1-3 years, but after that likely to be (on an annual basis) something like 20% of the value of the origional investment.
But that's in the future...
Where as if I sold them now, I'd have to pay the fee of £15.
Thoughts people?
Beyond, "You smug git"?
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2 comments:
My vote is to keep 'em - they will go up again, at which point you can sell them for even more :o)
sell em ... and stop complaining about expensive airfare.
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