I've used the tips from Simon Thompson of Investors Chronicle - here he has a 'bargain portfilio' - http://tinyurl.com/y89hzhdd
I've followed this, buying about £100 of each, I've not actually bought all of these, in later columns Simon sets new criteria, so I've dropped a few recomendations, and added others.
This is what I've done:
Share ISIN QTY PRICE(p) TOTAL(£)
====================== ==== === ======= =========
BowLeven Plc BLVN 335 30.00 100.50
Avingtrans Plc AVG 50 238.00 119.00
TISO BLACKSTAR TBGR 170 61.00 103.70
Cenkos Securities Plc CNKS 100 100.00 100.00
Bioquell Plc BQE 60 166.00 99.60
Electrocomponents ECM 9 555.00 49.95 (Note 1)
easyHotel EZH 100 99.00 99.00
Note 1: Not in the list but I'm topping up an earlier purchase to £100
So this experiment is about investing about £1,000 in tem stocks and a few others to see how it works. If sucessful I'll go large and start investing £1,000 in each sstock, or maybe more, or maybe some form of weighting.
It's only a bit of fun but may be quite profitable, the only trouble is that everything is going up, even a monkey with apin could make money now - notice how monkey and money are very similar, one has a K!
The reason I'm using DEGIRO is because it's so cheap to trade, about £2 a trade - using TD Direct Investing it would cost £about £14 for each trade, not cost effective for just a few shares
Some alternatives for cost effective trading could be iWeb or x-o, about £6 a trade.
So the choice is yours - if you decide to go down the DEGIRO route let me know and I'll send you a link that will give a bit more discount.
Happy trading everyone.
Very useful you are getting good at this .wonder where the K was used?
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