Friday 9 May 2008

Statement of Investments/ Poll Results

Despite my efforts, I have a small amount of investments as MRs CU gets her hands on cash long before I am able to remove it to safer places.

Clearly I do not give financial advice nor want too. However I thought the readers would be interested in my current portfolio which I change very few months on average - I have replaced the poll this week to make space.

The Poll on interest rates was not all that exciting, with the overall prediction that rates would end the year about 1/2% lower than they are now. Quite likely to happen, although this will let the inflation genie out of the bottle!

Hope the weather holds and we all get a nice weekend.

8 comments:

  1. My only investments are in my pension, the rest is in a savings account because I need a new bathroom!

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  2. Anonymous4:53 pm

    Reading down your portfolio I was very impressed until I got to the last one. RBS??? I presume the logic is that all the bad news might be priced in, and the only way is up.
    Good luck, you are braver, wiser or dumber than I am. Only time will tell, and I hope it's one of the first two options.

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  3. But what does your pension invest in BE - always good to know!

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  4. JE - hence the oops. It was a punt when I thought the market had bottomed out - kinda stuck with it now for the rights issue. hopefully it will pay-off in a year or two as the business is only rated at 5x profits currently......

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  5. ND/CU what do you make of this?

    The giant French-based utility EDF has made a takeover offer for the UK's nuclear power firm British Energy.

    http://news.bbc.co.uk/1/hi/business/7391582.stm

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  6. Anonymous6:45 pm

    cityunslicker,
    You may be a little embarrassed today, but until your sell, you've lost nothing. And while we're on the subject of who might be the most dumb, last year I managed to lose a bundle on Vedanta Resources, the play on both commodities and India. Just about any fool could have made a fortune in this one, but I bought at the worst time, and sold at £12, just as it started its run back up to the mid twenties.
    Ah well, you can't win them all.

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  7. However I thought the readers would be interested in my current portfolio which I change very few months on average ...

    We would. Where is it?

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