Investment Options

Olivertwist1

I recently came into a large lump sum and I am thinking about investing it.

I currently own shares in BOI and INM. I am looking at a few options and some advice would be greatly appreciated. The companies I am looking at are:

1. Aer Lingus
2. C&C
3. Tullow Oil

Any advice given is greatly appreciated.

Many thanks,

Oliver

Idu

You're gonna need more detail.

What is your risk tolerance?
Why have you chosen those practicular companies?
Are your shares in INM and BOI part of this lump sum or seperate investments?

Mort5000

Hi Oliver,

Are you looking to invest long term or short term.
Stating the lump sum amount might also be useful as certain investments have minimum opening balances/entry points.

Mort

Olivertwist1

Thanks lads, sorry for not being specific.

I have between 5k to 14k available. I am looking for medium term in the area of 1 - 3 years.

The lump sum is not part of my other investments its completely seperate.

Many thanks

Oliver

Raskolnikov

What are the P/E, P/Book, debts of these companies?

If you don't know the answer, you shouldn't be investing in stocks.

pog it

How risk adverse are you??

The markets have seen the inevitable good correction that had to come in the last couple of weeks thankfully but they are still on the too high side overall imo. I would hold off on investments in stocks and get reading and researching as much as you can about the markets and what is going on.

There is a lot of manipulation of prices going on- even in gold.

... Also have you opened a trading account? This can take a week to two weeks to get fully set up.

Priapus

Raskolnikov wrote: »

What are the P/E, P/Book, debts of these companies?

If you don't know the answer, you shouldn't be investing in stocks.

Agreed. Also if you have to ask on a public forum....

I would recommend some post office savings deals. Honestly, when it comes to investing a fool and his money are easily parted. Take your time to learn a little over the next year or two or three.

(sorry dont mean to sound like a doucebag)

silverharp

OP , try look outside Irish stocks. Having too much exposure to a small market is a bad idea given the particular risks to the economy here.
if you are serious about maintaining a portfolio, at a minimum you should own more then 10 stocks just to reduce company risk

dollybird09

Olivertwist1 wrote: »

Thanks lads, sorry for not being specific.

I have between 5k to 14k available. I am looking for medium term in the area of 1 - 3 years.

The lump sum is not part of my other investments its completely seperate.

Many thanks

Oliver

Have you considered products such as bonds? Some good returns to be made if you're looking for relative security.

pog it

Bonds? 'Relative security'?? It's relative alright.
Have you no knowledge of a very high chance of governments DEFAULTING?

Please be specific if you are going down the road of recommending bonds to the OP who is trying to learn what the best investment is for them!

**Please note OP asked for 1-3 years investment timeline. I wouldn't want to be banking on bonds in that kind of timeframe.

mrgardener

Stocks and shares are out.
Bonds, as the last poster said are too risky at present.
I'd agree with an earlier poster, put the money into a post office saving deal - they're not as bad as you might think. Do your homework, and then begin to look at stocks/shares etc.

soddy1979

pog it wrote: »

Bonds? 'Relative security'?? It's relative alright.
Have you no knowledge of a very high chance of governments DEFAULTING?

Please be specific if you are going down the road of recommending bonds to the OP who is trying to learn what the best investment is for them!

**Please note OP asked for 1-3 years investment timeline. I wouldn't want to be banking on bonds in that kind of timeframe.

Well she did say relative.... and I suppose that is correct in the fact that bondholders get repaid before equity holders get a cent. You could achieve diversification through a bond fund or ETF. In the case of government debt PIGS aren't the only sovereign issuers if that is where your thoughts lie.

Silverharp2 & Raskolinikov hit the nail on the head. If you haven't done your research, go home and do it. You obviously have not if you are only thinking about buying Irish stocks.

Mort5000

Lots of love for the OP here.

Where are beginners supposed to ask their questions if they're just going to get barked at here?

pog it

soddy1979 wrote: »

Well she did say relative.... and I suppose that is correct in the fact that bondholders get repaid before equity holders get a cent. You could achieve diversification through a bond fund or ETF. In the case of government debt PIGS aren't the only sovereign issuers if that is where your thoughts lie.

Silverharp2 & Raskolinikov hit the nail on the head. If you haven't done your research, go home and do it. You obviously have not if you are only thinking about buying Irish stocks.

No.. my thoughts lie beyond the PIIGS.. there is a lot more to consider It was important for someone to point out to the OP that bonds do not always offer good returns in light of somebody coming on here about 'products' such as bonds. I have said the same re. mutual funds on other occasions.

I also suggested that the OP read up on stocks before he makes any move, and also suggested that if he is to buy into stocks it will be worthwhile to wait it out and get in when stocks are cheaper across the board.

Someone else had already said think outside Ireland and Irish stocks, so I thought why repeat the same advice and offer something different.

Up to the OP now to parse and research more