Thanks Steve !!
My mate Steve kindly offered some thoughts on Gambling as a supplementary activity to messing about with Stocks via an email and he very kindly agreed to the text being used for a Guest Blog because I am sure many Readers will find this useful. I have had to slightly edit it to protect the innocent but it is well worth reading - particularly because it makes some excellent points about the risks and how Steve in effect ‘compartmentalises’ his Gambling and Investing activities.
Thanks Steve !!
This article is about entu (UK) PLC (ENTU) and my experience of purchasing a share without a proven market track record that had only recently come to market through an IPO.
entu (UK) PLC is a company that markets 'energy efficiency' products. It sells heating boilers, double glazing and solar products. It was floated on AIM in October 2014 with a market cap of £65.6m with shares valued at £1.00 each. The company had produced accounts for the previous years prior to floatation showing increasing turnover and increasing profits and made claims that it was going to pay a future dividend of 8%.
Simon Thompson in the Investors Chronicle wrote an article about the company published on 10 November 2014 analysing the figures and suggesting that the share would make a decent income buy. One of the strengths highlighted by Simon Thompson was that the company merely sold the products and did not manufacture any of them and therefore did not require much capital expenditure.
My mate @AIMInvestTweets kindly offered up the following text regarding the ‘Art of Execution’ to give Readers a view of what is in the Book and to help with some ideas to consider. You may not agree with all the ideas laid out here, but it is extremely valuable to think about what is being said and how you tend to do things yourself and what if anything you could tweak in your own Approach to improve matters. No Approach should ever by set in stone and it is a case of slow adjustments and evolution over the years.
Huge thanks to him for sharing this with us and putting the effort in to make a nicely readable and thought-provoking Blog, and of course you can find a copy of the Book in Wheelie’s Bookshop somewhere.
Kindly Phil has written another P2P related Blog for us and again it includes some links to Special Deals where you can get a Discount and Phil and myself get a small slice as well. Please note these can be High Risk Investments and if in doubt you should consult with a qualified Financial Advisor - we make no recommendation with regards to suitability for you and we are not qualified or FCA regulated. If this is new to you then make sure you read Phil’s previous Guest Blog and you will find within that one some Lower Risk P2P Investments like Zopa and Ratesetter.
In my first article for Wheelie’s Website last month I wrote about the 'how's and ‘why's' of P2P (Peer to Peer), and if you're unfamiliar with the area it might be worth you reading my first article, paying particular attention to the risks involved:
**The Guest Blog below has kindly been donated by my mate Stuart who is reasonably new to Trading/Investing and he is exploring some 'experiences' he had on a Buy of Bovis BVS. Since writing this text BVS has put out a Warning and Stuart has now dumped all of his Holding and moved on.
On behalf of Readers and myself a huge 'THANK YOU' to Stu for creating this insightful scribble, cheers, WD.**
This is the first in a series of blogs about lessons learnt by a newbie stock picker.
I am comparatively new to 'stock picking' having opened my first self select ISA in August 2014. As I have discovered mistakes in investing can be expensive and although the errors detailed in this series may seem obvious to more experienced investors, I hope by highlighting them they may prove of use to some readers.
As Wheelie so often writes, investment performance should be measured by the return of the overall portfolio and not just individual 'stars' or 'dogs'.
Thought I'd do a recap of simplicity in trading and how it can be all lost in complex analysis and then still be incorrect, so this is a short blog on the no nonsense approach to the stock market.
My approach won't be for many but I feel it will keep you alive and finish each year with a decent gain.
Readers who are actually awake might have spotted that I recently stacked the shelves in Wheelie’s Bookshop with countless copies of Kerry Balenthiran’s book - ‘The 17.6 Year Stock Market Cycle - Connecting the Panics of 1929, 1987, 2000 and 2007’.
As I cryptically commented in the text I put with the Book, here is a Guest Blog that Kerry has kindly put together for us which gives a lot more detail and explanation about the subject matter of his Book and it certainly gives something to think about. The last part is particularly worth concentrating on because Kerry shows how his Cycle ties in with many recent events and more crucially he gives a Road Map to a likely future.
Kerry is on Twitter as @17_6YrStockCyc and I am sure he will be happy to discuss any connected matters and you can leave a Comment below if need be.
Guest Blog - Peer To Peer Lending - worthy of consideration in an environment of low interest rates and rich stockmarket valuations?
My mate Phil Sloan has very kindly contributed the Guest Blog underneath to explain in simple terms to us all the Ins and Outs of Peer-to-Peer stuff. As he says in the text, he was looking for alternative forms of Income with Bonds and suchlike being such poor yielders and this drove him to do a huge amount of digging into P2P and we can now benefit from his endeavours.
If you have been following me on Twitter and partaking of the Website for some time you will know that I am pretty cautious on the whole P2P ‘thing’ with my main reservation being that most of the Providers sprung up after the 2008 Credit Crunch and we are yet to see how they will behave in a Recession and/or tougher times (having said that, I have just learnt from Phil‘s text that Zopa actually kicked off in 2005). For this reason, I would take the view that it is best to stick to the more well-known, established, names and in-depth research and investigation is essential. Of course it makes good sense also to limit exposure to this area and probably any more than 15-20% or so of a Portfolio might be taking on quite a bit of Risk - at least until you’re used to how it all works and after having more experience of how these things work over the business cycle. Phil has a good section on the Risk side of things and spreading things across Platforms etc.
The Guest Blog below comes from a good mate of mine who attended an Investors Chronicle event recently in London. Very kindly he offered it up for a wider Audience and now he is extremely famous, but in an Anonymous kind of manner !!
Anyway, a huge (and Bold) THANK YOU on behalf of all WD readers to ‘you know who you are’.
It’s very much appreciated, WD.
The markets globally have started to feel instability.
Markets over recent weeks have been stable as there has been no action by central banks in Europe and US. Article 50 for the negotiations to start on Britain leaving the EU has been parked to March 2017.
UK Stocks in the majority reporting strong earnings and FTSE pushing up from 6300 to 6900+ area.
The markets this summer are contrary to previous summers where they needed constant intervention by central banks. Now they are a happier place if left alone. Amazing how things can move full circle.
Welcome to my Blog Page - I hope you find the Entries here thought provoking and valuable. There is a sizeable Archive starting to build - use the Filters below to take the full benefit. If you have just Landed on this Page, feel free to have a poke around at the rest of my Website (s)....wd
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