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Post by Crunchy Col on Jan 31, 2020 19:29:48 GMT
I don't expect much sympathy, but my Royal Dutch Shell shares have absolutely fallen through the fucking floor over the last few days.
I daren't even check the graph, I've just seen the most recent value. It's shocking.
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Post by tory on Jan 31, 2020 19:38:46 GMT
Investing in shares is a bumpy ride.
Look at their next annual report and how wide their next forecast is.
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Post by Crunchy Col on Jan 31, 2020 20:25:44 GMT
I can't see any annual report later than 2018 online.
Don't they tend to be cautiously optimistic in those things anyway?
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Post by Half Machine Lipschitz on Jan 31, 2020 21:06:23 GMT
I hear markets are going nuts due to coronavirus, and will probably recover, but I don't know how optimistic I'd be with fossil fuel-based stocks these days.
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Post by Crunchy Col on Jan 31, 2020 21:13:33 GMT
Yeah, I know.
It's especially disappointing because I sold some of the shares that my Mam left me just a couple of weeks ago, but held on to the RDS because they had by far the biggest value. I should have sold them a couple of months ago. I've lost quite a bit.
Ach, them's the breaks.
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Post by Cousin Lou on Jan 31, 2020 23:42:59 GMT
Yeah, I know. It's especially disappointing because I sold some of the shares that my Mam left me just a couple of weeks ago, but held on to the RDS because they had by far the biggest value. I should have sold them a couple of months ago. I've lost quite a bit. Ach, them's the breaks. You have to look at the price they were originally bought for, not their value two weeks ago.
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Post by Deleted on Jan 31, 2020 23:51:28 GMT
Good idea to invest in Gold and Bond funds as a hedge to any shares you invest in. People tend to fly to gold if things are looking dodgy, and bonds are long term steady investments.
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Post by Crunchy Col on Feb 1, 2020 0:04:31 GMT
Yes - thanks.
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Post by Deleted on Feb 1, 2020 0:27:56 GMT
You could give it to me to invest.
I hear the price on AC/DC colored vinyl is skyrocketing.
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Post by Crunchy Col on Feb 11, 2020 11:19:14 GMT
BAE Systems. That's my tip. Oooff
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nolamike
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Old Fart At Play
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Post by nolamike on Feb 11, 2020 14:00:14 GMT
I know, I know. I need to get ON IT otherwise how on earth am I gonna retire at 50 and move to France (with a holiday home in Italy?).
I think I've mentioned on here before that a couple of people who know about these things have told me that investing in classic watches offers good returns. Especially discontinued ones like Rolex Submariners. There are whole websites devoted to the minutiae of this stuff. Well, they are, until they aren’t. E.g., the couple whose estate I’m helping out have quite a few Hummel figurines. At one point, some of them were valued at hundreds of dollars apiece (I’ve got insurance estimates on the ones at this estate). But the collectors were, for the most part, women of a particular income bracket and particular age. As they aged and started dying, the demand for these figurines started plummeting... with the flip side being that the supply of them started skyrocketing. We’ll be lucky to get $30 for any of them at the estate sale - which is even less than the original purchase prices years ago. Similar things have happened with Elvis memorabilia and baseball cards. Now, watches are *probably* a better investment than some of those other things I mentioned... but as things like Apple Watches become more and more advanced, not to mention more popular, I could easily see some new version of the Apple Watch becoming ubiquitous, and driving down interest in classic wristwatches.
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Post by Deleted on Feb 11, 2020 17:06:48 GMT
I think I've mentioned on here before that a couple of people who know about these things have told me that investing in classic watches offers good returns. Especially discontinued ones like Rolex Submariners. There are whole websites devoted to the minutiae of this stuff. Well, they are, until they aren’t. E.g., the couple whose estate I’m helping out have quite a few Hummel figurines. At one point, some of them were valued at hundreds of dollars apiece (I’ve got insurance estimates on the ones at this estate). But the collectors were, for the most part, women of a particular income bracket and particular age. As they aged and started dying, the demand for these figurines started plummeting... with the flip side being that the supply of them started skyrocketing. We’ll be lucky to get $30 for any of them at the estate sale - which is even less than the original purchase prices years ago. Similar things have happened with Elvis memorabilia and baseball cards. Now, watches are *probably* a better investment than some of those other things I mentioned... but as things like Apple Watches become more and more advanced, not to mention more popular, I could easily see some new version of the Apple Watch becoming ubiquitous, and driving down interest in classic wristwatches. I watch Antiques Roadshow once in awhile and sometimes they show old shows and the values they gave then vs. today. The values are almost always much lower today. My dad had a bunch of antiques, including a beautiful roll top desk and grandfather's clock. I went all over town to antique stores and no one would take them. They don't sell in this day and age. I finally found an antiques dealer who'd take them and give my brother and I percentage of the sale. The only things she sold were an old Chinese wall painting and the roll-top desk. And it was barely anything.
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Post by tory on Feb 11, 2020 19:12:55 GMT
BAE Systems. That's my tip. Oooff BAE systems - that well known weapons manufacturer. Bloody lefties!
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Post by Crunchy Col on Feb 11, 2020 19:25:38 GMT
Buy a grand's worth now, T! you'll be 500 quid better off by the end of the year
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Post by tory on Feb 11, 2020 20:25:56 GMT
I didn't take any of your politics posts seriously before and I'm DEFINITELY not going to now!
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