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Let's all pray for tech stocks!

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Let's all pray for tech stocks!
I think everyone should start praying for my portfolio :(

Serves me right for putting all my eggs in one basket Pirate Pirate Unsure Unsure


Code:
Folder Total Investment Total Return Profit / Loss % Currency


MyPortfolio 3,505.97 2,546.26 -959.72 -27.4 GBP




I'm going to be bankrupt soon ......waaaaaa.....that money has been tied up for about a year now :(

Last edited by:

RedRum: Mar 11, 2002, 7:22 AM
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Re: [RedRum] Let's all pray for tech stocks! In reply to
Hm, is that an ISA? What funds are you with?

- wil
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Re: [RedRum] Let's all pray for tech stocks! In reply to
Diversification is always the best strategy, IMO.
========================================
Buh Bye!

Cheers,
Me
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Re: [Wil] Let's all pray for tech stocks! In reply to
No, they are tech stocks. I've got about 500 logica shares. They've gone from 28 to 4

They've been highly tipped though so I bought some more yesterday....hmmmm

I'm going to open a cash isa before apr 1st though.

Last edited by:

RedRum: Mar 11, 2002, 8:02 AM
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Re: [RedRum] Let's all pray for tech stocks! In reply to
Hm, a stocks and shares man, huh? :-)

Go for ticker-symbol TYC - Tyco International.

http://finance.yahoo.com/q?s=TYC&d=t

They've just recently crashed to $30 due to the Enron scare, as they have similar sort of dealings, but they've just had a massive audit and the big OK.

They're tipped to climb all the way back to $60 within 4 months. That's a 100% profit, which is not bad. See what the current broker reccomendations are:

http://biz.yahoo.com/z/a/t/tyc.html

You can't go wrong. I've just loaded money into them alst week, and they've climed up $5 to $35 already. Yipe! :-)

- wil
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Re: [Wil] Let's all pray for tech stocks! In reply to
For every penny logica go up I make 4 :)
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Re: [RedRum] Let's all pray for tech stocks! In reply to
Thats the bad part of putting money in stocks. Even if you know how to play it, you can still run into problems. I've put 700 in a high interest account with Nat West, put 700 in last yeah, and it has to stay there for 4 years. So far the last update was up to 800 (only been a year), should go upto 1100-1200 ish Cool

Andy (mod)
andy@ultranerds.co.uk
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Re: [AndyNewby] Let's all pray for tech stocks! In reply to
NatWest? Their interest rates are terrible - try Egg http://www.egg.com

- wil
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Re: [Wil] Let's all pray for tech stocks! In reply to
I have an egg credit card. Found a 30 charge on it the other day I hadn't authorized...ugh...got it refunded though.

Last edited by:

RedRum: Mar 12, 2002, 5:02 AM
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Re: [AndyNewby] Let's all pray for tech stocks! In reply to
I don't know about in the UK, but you can't find banks here that will give you that kind of rate here. You're talking about ~14% per annum interest rate! Looking at a bank around here, loan rates start at 5.75%, I doubt any bank could afford to give anyone a 14% rate on an account! Taking a look on egg.com, I see their ISA internet accounts get 4.00% which is pretty good (I only get 2.5% on my ISA account here Unsure).

Adrian
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Re: [brewt] Let's all pray for tech stocks! In reply to
ughhh ... I could go for any rate about 1% ....
Japan is like .05% if that!!!!

although house and car loans are also low .... like at about 2.5+%
Of course, credit cards are nearly 20% though.

openoffice + gimp + sketch ... Smile
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Re: [brewt] Let's all pray for tech stocks! In reply to
>>
You're talking about ~14% per annum interest rate!
<<

Im not sure that is right. A cash ISA is supposed to give a really good interest rate and if I put 3000 ($5000) in there then I'd have 3100 after a year. I'd like to know which account Andy has as I've never seen one offering 14% interest :)

Last edited by:

RedRum: Mar 13, 2002, 2:36 AM
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Re: [RedRum] Let's all pray for tech stocks! In reply to
Yep! That is unheard of - definitily no such thing.

Paul, a stocks and shares ISA theoeticaly gives you a better return than a cash ISA but withit comes a greater risk.

- wil
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Re: [RedRum] Let's all pray for tech stocks! In reply to
I'm not sure exactly what rate I've got, or what one I am with (except its NatWest), but I'm definatly getting that amount back (I have a book to prove it Tongue).

Andy (mod)
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Re: [AndyNewby] Let's all pray for tech stocks! In reply to
Natwest? The most they offer is 1.x % interest on their 'high-interest' accounts?

- wil
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Re: [Wil] Let's all pray for tech stocks! In reply to
Well, maybe they had good interest rates when I signed up. I don't know how, but they predicted me a very high return rate, thats why I went with it ;)

Andy (mod)
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Re: [Wil] Let's all pray for tech stocks! In reply to
http://www.natwest.com/...AVINGS/MAIN/PERSBOND

Nothing close to 14% there.

Do you "know" the bank manager ;-)

- wil
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Re: [Wil] Let's all pray for tech stocks! In reply to
Can you find out what the scheme is called. I'd (obviously) be very interested.

Cheers

- wil
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Re: [Wil] Let's all pray for tech stocks! In reply to
Lol..I'm not sure. I think it will be something to do with the fact of how much we have in there. I put in 700, my brother and sister both put in 700 and my parents both put in 10,000 Wink I expect cos it is a lot of money, that is why we get such a good return. Its a recurring interest rate too, so we get interest on the interest Smile

Also, my parents do know the bank manager..but I don't think that has anything to do with it Tongue

Andy (mod)
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Re: [AndyNewby] Let's all pray for tech stocks! In reply to
>>Well, maybe they had good interest rates when I signed up.<<

Hehe, do you know how much interest rates move? .....they don't jump to 14% and back :)

They move about 0.5% every 6 months (if that).

Last edited by:

RedRum: Mar 13, 2002, 3:29 AM
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Re: [RedRum] Let's all pray for tech stocks! In reply to
I'm regretting telling you lot now....lol

Andy (mod)
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Re: [RedRum] Let's all pray for tech stocks! In reply to
In Reply To:
Hehe, do you know how much interest rates move? .....they don't jump to 14% and back :)

They did on Black Monday! Or was that inflation that jumped to over 16% in one day? Good 'ol Thatcher, huh? :-)

- wil
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Re: [Wil] Let's all pray for tech stocks! In reply to
Ugh why don't I learn my lesson.

The shares I bought on Monday have gone down about 15p and lost me 70 .....grrrrrrr

If you don't see me around it is because I've died from hunger Unsure

Last edited by:

RedRum: Mar 13, 2002, 9:58 AM
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Re: [Paul] Let's all pray for tech stocks! In reply to
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If you don't see me around it is because I've died from hunger
I'm sure your parents would look after you Tongue

Andy (mod)
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Re: [AndyNewby] Let's all pray for tech stocks! In reply to
You obviously don't know them.
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