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10,000 BOI Shares and 4,000 AIB Shares - Bought for 5K

  • 13-06-2011 4:12pm
    #1
    foresthill
    Registered Users, Registered Users 2 Posts: 24 ✭


    Hi All,

    I bough €5,000 euro woth of BOI shares and AIB shares early least year at a low share price. This got me 10,000 BOI shares and about 4,000 AIB shares. I was hoping to leave them there until the Share price increases and i would make some Money.... I can afford to leave them there for now.....Whats the chance of me making some Dosh in the years ahead i wonder??


Comments

  • #2
    Comordha
    Closed Accounts Posts: 562 ✭✭✭Comordha


    Can you afford to leave the money there for 20 years? You should start considering selling, I am not saying to sell but it wouldn't be a bad idea to think about it. You are nursing big losses already.


  • #3
    Raskolnikov
    Registered Users, Registered Users 2 Posts: 10,148 ✭✭✭✭Raskolnikov


    foresthill wrote: »
    Hi All,

    I bough €5,000 euro woth of BOI shares and AIB shares early least year at a low share price. This got me 10,000 BOI shares and about 4,000 AIB shares. I was hoping to leave them there until the Share price increases and i would make some Money.... I can afford to leave them there for now.....Whats the chance of me making some Dosh in the years ahead i wonder??

    You might get your money back in 30-40 years.


  • #4
    Monty Burnz
    Closed Accounts Posts: 12,455 ✭✭✭✭Monty Burnz


    foresthill wrote: »
    Hi All,

    I bough €5,000 euro woth of BOI shares and AIB shares early least year at a low share price. This got me 10,000 BOI shares and about 4,000 AIB shares. I was hoping to leave them there until the Share price increases and i would make some Money.... I can afford to leave them there for now.....Whats the chance of me making some Dosh in the years ahead i wonder??
    That's gambling, not investing, in my opinion. There's no visibility there at all. Your shares could be totally worthless within a year.


  • #5
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,611 Mod ✭✭✭✭Jim2007


    foresthill wrote: »
    Whats the chance of me making some Dosh in the years ahead i wonder??

    One would have expected that you'd have done those calculations before you purchased - even a simple earnings model would give you some indications.

    Seriously, I don't see any difference between what you done and betting on the horses or the hounds - just a gamble, if you can afford to loose it fine, but if not...

    Jim.


  • #6
    coylemj
    Registered Users, Registered Users 2 Posts: 25,624 ✭✭✭✭coylemj


    foresthill wrote: »
    Hi All,

    I bough €5,000 euro woth of BOI shares and AIB shares early least year at a low share price.

    You bought them a year too early.


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