Investment & Investing

That would be trading on insider information.

phones FCA and asks for reward

Hadn't thought of that tbh. Next time I'll sell and put it down to my "good fortune".

On a serious note, would it have been? I actually got told the info in my previous post by my housemate, who doesn't work for gov't who heard it from our mutual friend. The way the union people have were talking on the news coverage yesterday made it pretty clear they expect to be striking so will this really some as a surprise to anyone?

Whatever you end up selling them for is easily going to be more the IPO price and more than you originally expected I would think.

Can anyone recommend a good online broker?

Ive been using http://www.x-o.co.uk/ - because they are the cheapest for one off trading @ £5.95 and the webpage is fair userfriendly for a banking site.

But been getting fedup with down time and there is lack of any indepth functionality like stop / loss and price alerts.

Anyone used Guardian stockbrokers?
Looked at them before but their pushing sales team turned me off
http://www.guardianstockbrokers.com

Hadn't thought of that tbh. Next time I'll sell and put it down to my "good fortune".

On a serious note, would it have been? I actually got told the info in my previous post by my housemate, who doesn't work for gov't who heard it from our mutual friend. The way the union people have were talking on the news coverage yesterday made it pretty clear they expect to be striking so will this really some as a surprise to anyone?

If the information came though a long chain, it could be argued that it is publicly available.

If it is just speculation, then it's not priviliged information.

If it is knowledge of the actual results of a ballot* before this is made public, related through only a few people, then this is insider information.

• As opposed to an exit poll, say.
  

Ah I see, then this wouldn't have counted as trading on insider information as the source wasn't the union. Is that correct?

It probably shows, but this is the first time I've ever had shares in anything so it's all new to me!

Anyone use some kind of online share portfolio? I want to take some cash and invest it in a bunch of shares. I don't have time or inclination to pick individual shares so will probably just spread the cash over some managed funds.

Any recommendations? I'll not be trading so the trade cost is less relevant than having a low yearly cost if ya get me?

Or should I skip that shit and look for some kind of pension fund? Or both?

Not sure what you mean by 'online share portfolio'
Online Broker? Yes I use x-o and guardian
http://www.guardianstockbrokers.com - better functionality still cheap
http://www.x-o.co.uk - cheapest

For low risk boring investment in public companies.
I think trackers give better returns than managed and are cheaper

Unless you know warren buffet personally - Your manager will do no better than chance.

http://www.thisismoney.co.uk/money/investing/article-1583915/A-guide-cheapest-index-tracker-funds.html

Pension investment is really a tax issue so a very different question, which probably means you should think about this a little more before going any further.

I've had good experiences with M&G. A range of managed funds, including trackers (uk and European) and can also be used within ISA wrapper if that's your thing. They have a free phone number and always answer quick by a UK person. Paperwork is also clear and simple. Might be worth a look. Personally I subscribe to the idea that a tracker is just as good (if not better) than a managed fund as the charges are a lot lower.

Online broker. Online share dooviwacky. I'm not sure, I just know a bloke at work uses one and I can't remember its name. Basically it shows you a shitload of options that you can buy and gives a shitload of info on the stuff you own. I've probably got it in an email somewhere but can't find it.

I've had 'talk to pension bloke' in my todo list for 12 months. :(

Shit, I also 'need' to remortgage (I think). I fucking hate managing money.

How does a tracker differ from managed fund? Nevermind, tommy's link has details.

UPD: Fidelity was who I was thinking of.

My 2p would be that it's currently an uncertain time to be looking at equity only funds. Alternative asset classes mixed in (infrastructure, precious metals, aircraft leasing etc) would be handy with QE tapering and interest rate increases potentially starting in earnest soon.

Have you considered monorail?

I'm personally waiting for a few red flags to go up before going balls deep into Gold and Silver, probably with a 30/70 split.

My 2p would be that it's currently an uncertain time to be looking at equity only funds. Alternative asset classes mixed in (infrastructure, precious metals, aircraft leasing etc) would be handy with QE tapering and interest rate increases potentially starting in earnest soon.

Have you considered monorail?

Uncertain?
Compared to the last 4 years we are in a period of overwhelming calm.
The market is about as bullish as it gets.

Whats your idea of a 'redflag'?

Why do you feel QE will be tappered in favour of interest rates...?
Monorail?

4 years of equity moving up. Smart money went in during '09

Markets are hitting all time highs, NYSE margin levels are as high as end of '07. I think valuations are inflated and unsustainable.

America is kicking fiscal and monetary cans down the road, and I fear when this bubble bursts it's going to hurt big time.... As in '08 big.

All the same financial heads are in the Obama administration that were in Bush's, and there has been fuck-all reform since the credit crunch.

Frankly, I wouldn't be surprised if the next crash means a new system (or reversion to the gold standard) is required. Currency is not money; the fiat system has fucked the world imo.

As for Monorail, I've sold them to Brockway, Ogdenville, and North Haverbrook.... and by gum it put them on the map.

Still looking for somewhere to invest my nesteggs
Tempted by the new share offering in Nationwide.
http://www.bbc.co.uk/news/business-25051097

I like investing in banks because the government will always bail them out, so your money is guaranteed by the tax payer.

With house prices in London continuing to increase, I see Nationwide as a good way to invest in property without actually under going the dirty process of one.

The checks and balances on Mutual companies worries me tho and current state of the 'co-op' only reinforces that 100 fold.

However there are some major differences between these two businesses so perhaps unfair to link any judgement with it.
http://www.bbc.co.uk/news/business-24952848

25k in Nationwide for 11%
Anyone else in?

11%

Sounds like a plan.

Initial Offering subscription was as usual kept a closed party for members of banking old boys club.

Can now be picked up on the secondary market with a 10% premium - still looks attractive to me but you do need to go all in / no half measures in this game.

http://www.thisismoney.co.uk/money/investing/article-2521247/Nationwide-investors-enjoy-10-cent-CCDS-boost-day-listing.html

Initial Offering subscription was as usual kept a closed party for members of banking old boys club.

Because they are far more risky than any kind of product you are allowed freely to market to retail clients. It's a piece of regulation designed to stop people investing in products they don't fully understand. Also you avoid the extra costs associated with processing many small transactions rather than a few large ones - if you've got to shift £100m worth of stuff, it's far easier to get rid of it in 10 chunks of £10m than 100,000 chunks of £1,000. This is not Royal Mail's IPO.

^ bullshit...

Capitalism and the banking system especially is identification of the stupider members of society for further exploitation -not their protection.
Clearly you don't understand how IPO's work.. or you have a vested interest in making sure others don't.

Suggest anyone interested in them read below
http://danariely.com/2012/05/16/the-facebook-ipo-a-note-to-mark-zuckerberg-or-with-friends-like-morgan-stanley-who-needs-enemies/

Stupid Individuals are freely encouraged to purchase the offering now only at 10% more with increased risk.

Watching you from now on ncjlee... watching you closely.

Watching you from now on ncjlee... watching you closely.

lolwut.

This thread has taken a sinister turn.

This thread has taken a sinister turn.

but subscription worthy, for interestingness, and now also the added bonus of potential entertainment value, :-)

Sorry I get little emotional when people start defending the outrageous behaviour of banks considering the position we're all in right now.

The Idea that J.P Morgan give special 'mates-rates' to protect the general public from the risks of investing in undervalued equity offering a fixed return is too much for me to take..

Since the clamp down on the banking sector global piss take things have just become harder..

The royal mail offering is a great example.
The restriction of investments to £750 means no small investors were able to benefit.
The banks may well have forseen it anyway and made multiple small applications. But they've already made a killing through the criminally low initial asking price.

This for me is inpart why I think Bitcoin might **might just have a chance
Somthing has to change because the banks aren't going to

Checkout the bitcoin thread
http://www.lfgss.com/thread65421.html

For low risk boring investment in public companies.
I think trackers give better returns than managed and are cheaper

Unless you know warren buffet personally - Your manager will do no better than chance.

http://www.thisismoney.co.uk/money/investing/article-1583915/A-guide-cheapest-index-tracker-funds.html

this.

It's really important to get costs down, compounding the charges over the life of the investment will destroy any performance. I like L&G for cheap trackers, it's fairly cheap to diversify (in equities) by buying a few different trackers.

my 2p.

• although Allan Gray have had a pretty good run.