You are right. There is so much hype on SYME on one forum. I think all the moderators like it. It might well be researched a bit, but I think it’s one of those companies that will be off the radar as some semblance of normality returns.I tend to visit the lse share chat BB’s. Lots of information and hints on here BUT you have to cut through a lot of the bullshit from some morons on there. Always DYOR.
Also, the proactive investor website is really useful together with Zac Mir share Talk.
You are right. There is so much hype on SYME on one forum. I think all the moderators like it. It might well be researched a bit, but I think it’s one of those companies that will be off the radar as some semblance of normality returns.
One I had a while back, KWG did well and I sold out too early. As they all say DYOR, however, I think it is a good one
I’ve got four investment trusts in F and C. BMO Commercial Property, BMO High Income, F and C IT, TR Property....all doing very nicely. I put in £350pm and have done for a couple of years. All pay dividends.I am monitoring SYME... this monetised inventory stuff sounds interesting (even if it did go above my head)
Just looked at the chart and RSI is just under 37 and looks to be in a Bollinger Band squeeze.
So you are invested here Peterdev?
CTY the one to go for. High yield dividends and capital growth thrown in tooWhile banks aren`t offering diddly for holding money folk might as well have a spin on the markets.
I`m no mega-investor but the returns on my GIA and ISA with them Freetrade folk have been most pleasing.
Some brilliant returns on some, some losses on others but currently up on my investment plus the occasional dividend.
Agree with City of London - just a few days back in and I'm up over 11% Very pleased that I went back.CTY the one to go for. High yield dividends and capital growth thrown in too
I’ve got four investment trusts in F and C. BMO Commercial Property, BMO High Income, F and C IT, TR Property....all doing very nicely. I put in £350pm and have done for a couple of years. All pay dividends.
Also got five shares. BP lost £1300 so far. CTY got £9000 and they pay nice dividends on a quarterly basis. Lloyds Bank at last into profit, and Taylor Wimpey doing pretty well. I’ve been in and out of those a bit. BYO invests in hand gel products.
I‘ve invested a lot in the past and had successes and failures. Only really got back into it three years ago.
Good book to read, How to Own the World by Andrew Craig. Whenever I’ve finished it anyone can have for a couple of beers. Cost me £16.99
Taylor Wimpey is one you can buy near the bottom and wait for it to rise. Look at Redrow too
TW is a great divided payer.I bought into TW at 141 and watched them go to under 100. Now they’re 150 and I am just waiting for the right time. They look like they’re heading higher. I reckon 200 is possible.
Having been in banking and hopefully having a good idea of where the market is heading, I do think there are going to be bad times for 18 months to 2 years or so. It will only start to recover when employment prospects pick up. A problem may be that rents won’t be paid to landlords resulting in more houses being put on the market.An over supply may reduce prices.
An increase in housebuilding may well have an impact too.
That said I think there will be a recovery in shares and trusts next year
So based on 56 shares, whats my dividend payment looking like in a year?TW was a great payer but hasn’t paid this year like so many. It’s due to start again this coming year...then I’d expect nice payments .
CTY i have 2500 shares costing £8175. Over a year they pay £118.75 every three months. Historically that will rise as it has done for over 50 years. A nice little earner for a pension.
On HL platform it lists where they invest. It won’t set the world alight but will provide steady growth