What shares should i buy ???

Littlehalpin

Hey

I came into a sum of money a while ago and i was looking into the stock market and i don't know what to buy so if you can give me some advice on what is a good buy in the stock market (Irish only please) Thanks

strmin

If you don't know what to buy, don't buy anything. Seriously.
And why limit to "Irish only please" if you don't know anything anyway. I strongly believe there is better value outside Ireland.

pog it

Index Funds could suit you I think; avoid mutual funds like the plague. The returns can be approx. 7-10%, or another option is to put your money into defensive (perceived as safe) stocks (given we are in a serious recession) and enjoy the dividends with the potential of selling at a profit later. Johnson and Johnson maybe.

More riskier but I am bullish on Tesco. I hate them for personal reasons but I think they will be profitable in the future.

Be Do Have

Internet trading is a great advantage these days, as it allows you to be independent and make far more profit then 7-10% in an investment account.

Every Irish broker is a rip off in Ireland, but Davy has the lowest fees and charges according to the financial regulator.

However, by limiting urself to the Irish stock market your already dead before you start, as there's nothing going on there, just some tumble weeds blowing around waiting for the next celtic tiger to come along. Ireland inc is bankrupt, for now anyway.

The london stock exchange is just as accessible as the Irish stock exchane, but it has exciting movement everyday and stock from companies all over the world.

If i had sum cash lying around, I would buy cheap oil companies that are test drilling at the moment. Wind power and solar stocks, very cheap right now. And maybe a bank or 2. Dont touch AIB or BOI in my opinion.

Have some fun with it, and learn alot too.

its only money!

pog it

The reason why I suggested index funds is because the OP doesn't really know stocks and they are easier to understand. And less risky when you don't know what you are doing..

you should never take a tip from someone and lob your money straight in- obviously.

Raskolnikov

Littlehalpin wrote: »

give me some advice on what is a good buy in the stock market (Irish only please)

Why Irish-only?

A lot of Irish companies are blighted with corporate governance issues, excessive executive pay and woeful performance.

david....

id say if your not up for much of a risk ryanair would be a very good investment at 2.99.;)

ranger4

david.... wrote: »

id say if your not up for much of a risk ryanair would be a very good investment at 2.99.;)

yep, and if you doint mind increased risk but better potential upside with sp aerlingus would be worth a small punt if you are willing to hold.:D

david....

ranger4 wrote: »

yep, and if you doint mind increased risk but better potential upside with sp aerlingus would be worth a small punt if you are willing to hold.:D

but aerlingus will never be as strong as ryanair and with the future strikes coming up in aerlingus this will put the sp not looking too well. and there is also about a 50-50 chance for them to stay alive.
and ryanair have a plan to be the biggest airliner in Europe in 5 years time and i would not doubt them to achieve that

rugbyman

david.... wrote: »

but aerlingus will never be as strong as ryanair and with the future strikes coming up in aerlingus this will put the sp not looking too well. and there is also about a 50-50 chance for them to stay alive.
and ryanair have a plan to be the biggest airliner in Europe in 5 years time and i would not doubt them to achieve that

i plan to buy each of these, but strangely enough i feel aer lingus will make more of a percentage profit. Ryanair is a mighty company . aerlingus is semi doomed, but is nice to fly with, and people will pay a bit more to fly with them.
regards ,rugbyman

norming09

Well can anyone just answer the question?

What is a good share to buy for 2010? Simple!

In the IRish or other markets

Good shares to buy can one name some please

Raskolnikov

norming09 wrote: »

Well can anyone just answer the question?

What is a good share to buy for 2010? Simple!

In the IRish or other markets

Good shares to buy can one name some please

It's a silly question without knowing the risk profile of the investor.

For example, I recently bought a stock that has filed for Chapter 11 bankruptcy. There is a chance that it could remain in bankruptcy with me losing all of my money. If the company comes out of bankruptcy though, I make several times my investment. The fact remains though, I am exposed to permanent capital loss through this stock.

On the other hand, I own another which has more cash on the balance sheet than the company is worth. The business is mediocre, but I am massively protected by the fortress-like balance sheet from any serious capital loss.

pirelli

norming09 wrote: »

Well can anyone just answer the question?

What is a good share to buy for 2010? Simple!

In the IRish or other markets

Good shares to buy can one name some please

the market is very volatile,

How long do you intend holding them.
what percentage are you looking for.

If you give me some time i will give you list of shares but i recommend you go to davys brokers website and goodbodys website and the rte business website and they have listed every irish stock with a recommendation as to whether to buy hold or sell.

I think fyffes for a start is an irish company that is rlatively cheap and that might be worthwhile.Also independent media when it gets close to .10 will be a cheap entry. Ryanair is a good company

pirelli

Start here

http://www.rte.ie/business/2009/morningrep/download/1110davy.pdf

norming09

Thanks Pirelli!!

Well say i have 20k to invest what would you advise.

I mean i started off buying Dragon Oil at 1.50 and sold them at 3.00 and bought Bank of Ireland and been buying and selling them as their volatile so thats how i have accumulated my 20k so i guess ive done ok like.

but im just looking for advise.

Kerry Group id buy but not at €20 maybe if they went down to €14 again their a safe bet. Im still only learning.

Kanchelskis

norming09 wrote: »

Thanks Pirelli!!

Well say i have 20k to invest what would you advise.

I mean i started off buying Dragon Oil at 1.50 and sold them at 3.00 and bought Bank of Ireland and been buying and selling them as their volatile so thats how i have accumulated my 20k so i guess ive done ok like.

but im just looking for advise.

Kerry Group id buy but not at €20 maybe if they went down to €14 again their a safe bet. Im still only learning.

Norming09, if you are going to rely on tips from strangers then you won't hold on to your €20k for very long. Everybody has different criteria for investments and rate them as such. You should research companies you are thinking of investing in to ensure their fundamentals are sound and that they are growing. You can use sites such as Digital Look and ADVFN for this purpose.

If you are not willing to put time into this then I would suggest investing in ETFs which track indices, regions or industries you're interested in. Then again if you want to chuck darts at a board...

ED 209

I don't think shares are a wise investment. Think about gold or silver. Take a look at commodities. Maybe some ETFs. I agree with Kanchelskis look at investing in an index if you want to invest in shares.

I think Irish shares are a bit dodgy right now. Can't see any fundamentals.

DERICKOO

some wise wisdom.


Just my opinion, but there's no time for much consolidation in this market. It's got to get some air under it before conditions change. Best case IMO is nyse 1190-1210 in 4 weeks time.

Mr Buffett is known for buying even when economic conditions are weak, and one of his sayings is: "It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

http://news.bbc.co.uk/2/hi/business/8363675.stm

as a wise friend told me once.

"They say you never grow poor taking profits. No, you don’t. But neither do you grow rich taking a four-point profit in a bull market."

"After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting."