What to buy now.
Author
Discussion

trackep

Original Poster:

5 posts

142 months

Thursday 12th March 2020
quotequote all
Hi, I have a spare £1000 sitting in a savings account doing basically nothing. Any shares i could buy in the current state of things and see a return in a year or two hopefully. Thank you

Garibaldi_red

100 posts

78 months

Thursday 12th March 2020
quotequote all
Yes

trackep

Original Poster:

5 posts

142 months

Thursday 12th March 2020
quotequote all
Garibaldi_red said:
Yes
Sorry i maybe should have asked what shares could i buy.

Garibaldi_red

100 posts

78 months

Thursday 12th March 2020
quotequote all
trackep said:
Sorry i maybe should have asked what shares could i buy.
Buying shares you should have a 3-5 year time horizon.
You should invest in a high number of different shares (e.g. via an index) rather than a very concentrated portfolio.

Gandahar

9,600 posts

157 months

Thursday 12th March 2020
quotequote all
change now to

Just after the bottom has happened.


And I'll give my tuppence worth.


VR99

1,395 posts

92 months

Thursday 12th March 2020
quotequote all
trackep said:
Hi, I have a spare £1000 sitting in a savings account doing basically nothing. Any shares i could buy in the current state of things and see a return in a year or two hopefully. Thank you
If you lost 20-40% of that £1000 after a year or two are you comfortable with that level of potential loss? You could make 20-40% too but there are no guarantees.

Joe5y

1,638 posts

212 months

Thursday 12th March 2020
quotequote all
The worst "I've got £1,000" post ever.

anonymous-user

83 months

Thursday 12th March 2020
quotequote all
Joe5y said:
The worst "I've got £1,000" post ever.
I thought £1000 wasn't even a "good night out" for the average PH powerfully built director?

Joe5y

1,638 posts

212 months

Thursday 12th March 2020
quotequote all
Joey Deacon said:
Joe5y said:
The worst "I've got £1,000" post ever.
I thought £1000 wasn't even a "good night out" for the average PH powerfully built director?
I didn't know you were allowed to be a PH member without being able to save £2,500 a month?

Evoluzione

10,345 posts

272 months

Thursday 12th March 2020
quotequote all
Buy some grammar lessons and learn about question marks and how to form sentences correctly.

petemurphy

10,915 posts

212 months

Thursday 12th March 2020
quotequote all
its a valid question - what bargains are out there

Simpo Two

92,718 posts

294 months

Thursday 12th March 2020
quotequote all
Evoluzione said:
Buy some grammar lessons and learn about question marks and how to form sentences correctly.
A bit harsh. Mind you the font of all knowledge the BBC can't spell 'immunologist', according to the captions on today's lunchtime news. That's arts graduates for you.

Oil. Or anything that's taken a beating and pays a good dividend. But as said don't be upset if they fall after you've bought them. They will recover and you will get a dividend.

petemurphy

10,915 posts

212 months

Thursday 12th March 2020
quotequote all
Simpo Two said:
A bit harsh. Mind you the font of all knowledge the BBC can't spell 'immunologist', according to the captions on today's lunchtime news. That's arts graduates for you.

Oil. Or anything that's taken a beating and pays a good dividend. But as said don't be upset if they fall after you've bought them. They will recover and you will get a dividend.
oil in what form - ie bp shares or something? ( assuming we're not all on the oil desk )

Gandahar

9,600 posts

157 months

Thursday 12th March 2020
quotequote all
Joey Deacon said:
Joe5y said:
The worst "I've got £1,000" post ever.
I thought £1000 wasn't even a "good night out" for the average PH powerfully built director?
That was the good old days, ie late Feb....

Fishlegs

3,367 posts

168 months

Thursday 12th March 2020
quotequote all
As a PHer, I'm still annoyed bank notes are plastic now. They don't burn nicely so I can't light my cigars with them.

As for OP, stick it all on red. No, black. No.... red.

Gandahar

9,600 posts

157 months

Thursday 12th March 2020
quotequote all
Fishlegs said:
As a PHer, I'm still annoyed bank notes are plastic now. They don't burn nicely so I can't light my cigars with them.

As for OP, stick it all on red. No, black. No.... red.
You are no Greta

Go green ... wink

BoRED S2upid

21,047 posts

269 months

Thursday 12th March 2020
quotequote all
petemurphy said:
its a valid question - what bargains are out there
Oil. Or was that last week?


£1000 to be fair isn’t a great deal to dabble in shares. Have a decent night out instead.

Gary29

5,214 posts

128 months

Thursday 12th March 2020
quotequote all
Strangely enough I've acquired £1100 today as well, but I think I'm going to keep it in my pocket for the next couple of weeks and see what happens.

Simpo Two

92,718 posts

294 months

Thursday 12th March 2020
quotequote all
petemurphy said:
oil in what form - ie bp shares or something? ( assuming we're not all on the oil desk )
Well indeed, shares in oil companies. I'll leave the OP to do his research as to which one/s to choose. I would buy more but my main supply of chess pieces is rather tied up at present.

£1,000 isn't much to invest, but on the plus side, if the shares halve in value you've only lost £500... and don't forget the dividends.

Nickbrapp

5,277 posts

159 months

Thursday 12th March 2020
quotequote all
Loads of lottery tickets