Buying shares-what would be good to buy?

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I've €10k that I want to use to buy shares...with the hope that I can sell the shares this year and get as much return as possible. I've been looking at various companies but it's all a bit bamboozling! Has anyone any ideas on what would be a good solid company to buy shares in? Many thanks.

Farmer Pudsey

Mohamed Straight Slang wrote: »

I've €10k that I want to use to buy shares...with the hope that I can sell the shares this year and get as much return as possible. I've been looking at various companies but it's all a bit bamboozling! Has anyone any ideas on what would be a good solid company to buy shares in? Many thanks.

Best advice I can give you is either use the Monkey method or forget about it.

The monkey method is to get a pin and stick it into the shares section of a paper four or five times. then invest your money in equal lots across the lot. Investing is not for the faint hearted. You also need to reserch a trading platform and see which suits you best.

Thronegames

Farmer Pudsey wrote: »

Best advice I can give you is either use the Monkey method or forget about it.

The monkey method is to get a pin and stick it into the shares section of a paper four or five times. then invest your money in equal lots across the lot. Investing is not for the faint hearted. You also need to reserch a trading platform and see which suits you best.

Galwaygirl, even with the monkey method you would need to be willing to lose a lot of your money. Other option is to invest in a Managed Fund with a capital guarantee over a few years. But you will pay annual charges of up to 2% per annum. Can't see any poster on this board recommending a particular share as there is always risk ; no such thing as a "sure thing".

Sonnenblumen

Thronegames wrote: »

Galwaygirl, even with the monkey method you would need to be willing to lose a lot of your money. Other option is to invest in a Managed Fund with a capital guarantee over a few years. But you will pay annual charges of up to 2% per annum. Can't see any poster on this board recommending a particular share as there is always risk ; no such thing as a "sure thing".

Whatever about the risk with an individual share, there is plenty of choice across many markets which would offer more certainty and better return than many managed funds. IMO , funds are probably becoming more visible for what many of them are, revenue generating vehicles (fees, admin charges etc ) for underwriters, brokers, agents and the poor investor always bringing up the rear last.

I would have no hesitation in recommending at least 6 shares at the drop of a hat, which would provide an almost certain good yield over any term in comparison to a fund.

Thronegames

Sonnenblumen wrote: »

Whatever about the risk with an individual share, there is plenty of choice across many markets which would offer more certainty and better return than many managed funds. IMO , funds are probably becoming more visible for what many of them are, revenue generating vehicles (fees, admin charges etc ) for underwriters, brokers, agents and the poor investor always bringing up the rear last.

I would have no hesitation in recommending at least 6 shares at the drop of a hat, which would provide an almost certain good yield over any term in comparison to a fund.[/QUOTE

What 6 shares?

spinach_eater

Thronegames wrote: »

Sonnenblumen wrote: »

Whatever about the risk with an individual share, there is plenty of choice across many markets which would offer more certainty and better return than many managed funds. IMO , funds are probably becoming more visible for what many of them are, revenue generating vehicles (fees, admin charges etc ) for underwriters, brokers, agents and the poor investor always bringing up the rear last.

I would have no hesitation in recommending at least 6 shares at the drop of a hat, which would provide an almost certain good yield over any term in comparison to a fund.[/QUOTE

What 6 shares?

I can think of six which will most likely beat any fund over the next five years

glanbia
Kerry
facebook
jpm
gsk
Ryanair


though im not standing over any of these calls

Sonnenblumen

Glanbia
GlaxoSmithKline
Greencore
National Grid
Irish Continental Group
Diageo

Need a few more?
Royal Mail Group
Aryzta
DCC
BP

as always DYOR

Voltex

spinach_eater wrote: »

Thronegames wrote: »

I can think of six which will most likely beat any fund over the next five years

glanbia
Kerry
facebook
jpm
gsk
Ryanair


though im not standing over any of these calls

What would be your rationale be on these trades?
Kerry is a dead cert ok (made 50K on Bullbearings fantasy trading).

Thronegames

Sonnenblumen wrote: »

Glanbia
GlaxoSmithKline
Greencore
National Grid
Irish Continental Group
Diageo

Need a few more?
Royal Mail Group
Aryzta
DCC
BP

as always DYOR

What about B OF IRELAND...? What's your take...? Thanks though for opinion above. I hold Glanbia, despite Wexboy's analysis.

dixiefly

Thronegames wrote: »

What about B OF IRELAND...? What's your take...? Thanks though for opinion above. I hold Glanbia, despite Wexboy's analysis.

Would AIB be a good bet considering that BOI is on the rise? Or are they totally different animals?

Sir Chops

Mohamed Straight Slang wrote: »

I've €10k that I want to use to buy shares...with the hope that I can sell the shares this year and get as much return as possible. I've been looking at various companies but it's all a bit bamboozling! Has anyone any ideas on what would be a good solid company to buy shares in? Many thanks.

State Street stt:us is a solid US company with a big presence Ireland. I know a few lads there. Shares are solid with reasonable div. don't expect spectacular returns

Farmer Pudsey

dixiefly wrote: »

Would AIB be a good bet considering that BOI is on the rise? Or are they totally different animals?

absoultly no state owns either 99.5 or 99.8 of the stock. Its paper value at 15c/share is 80 billion. At 31 BOI is worth 10 Billion. If they are both nearly the same value(questionable most analysts would think BOI worth more) then at best 2.5c/share.

Most lads here are picking blue chip share, Irish food share are valued at over 20 times earnings. I think like wexboy they are either over valued or are a price maximun.(I am no expert). I think BOI will be a bumpy ride for the next 2-5 years as will PTSB

It is questionable if stock prices will continue to preform strongly or are we due a correction.

dixiefly

Farmer Pudsey wrote: »

absoultly no state owns either 99.5 or 99.8 of the stock. Its paper value at 15c/share is 80 billion. At 31 BOI is worth 10 Billion. If they are both nearly the same value(questionable most analysts would think BOI worth more) then at best 2.5c/share.

Most lads here are picking blue chip share, Irish food share are valued at over 20 times earnings. I think like wexboy they are either over valued or are a price maximun.(I am no expert). I think BOI will be a bumpy ride for the next 2-5 years as will PTSB

It is questionable if stock prices will continue to preform strongly or are we due a correction.

So would the OP and be better off paying the €10k off her(?) mortgage?

That has generally been my policy for spare cash in recent years. Mortgage is now down low and it is a little boring. I was also thinking of shares punt of about €5k. Maybe my conservative nature will put the spare cash into mortgage again.

Sonnenblumen

Thronegames wrote: »

What about B OF IRELAND...? What's your take...? Thanks though for opinion above. I hold Glanbia, despite Wexboy's analysis.

Of course Glanbia is a good buy and I have yet to see any credible argument to the contrary.

BoI would be on my list for Penny Shares along with Tomco Energy and Hurricane Energy. I would expect that most if not everyone who buys shares would be taking a punt/position on BoI.

I expect it to come good and probably very good eventually, but it will take plenty of nerve, patience and time.

Andrea B.

For a complete novice thinking about it, check out and review results of;
http://www.stockchallenge.co.uk/
You will see how "monkey with a pin" fared out and also note the max and min returns and losses among all participants.

I think most posters here would recommend setting up a fantasy share portfolio on the likes of google-finance, however, the actions of most regarding real money vs fantasy would be unlikely to replicate.

bke

What you're describing is trading not investing, what I mean is that if you invest money for five years then you may average out at 10% per year (investing), but if it's for only one year then you could end up losing (trading). You have to smooth out returns over a long period of time.

If you don't know what you're doing then I'd recommend you start by paper trading and see how you go. I wouldn't be a fan of monkey methods as you can't apply what you learn. You will learn as you go but I agree totally with investing using baskets as opposed to trying to pick winners.

If you are going to punt then I'd avoid stocks and go with an index trackers to give lower your overall risk e.g. buy a few ETFs e.g. S&P 500, FTSE 100, ISEQ 20, etc.

sprained_wang

bke wrote: »

What you're describing is trading not investing, what I mean is that if you invest money for five years then you may average out at 10% per year (investing), but if it's for only one year then you could end up losing (trading). You have to smooth out returns over a long period of time.

If you don't know what you're doing then I'd recommend you start by paper trading and see how you go. I wouldn't be a fan of monkey methods as you can't apply what you learn. You will learn as you go but I agree totally with investing using baskets as opposed to trying to pick winners.

If you are going to punt then I'd avoid stocks and go with an index trackers to give lower your overall risk e.g. buy a few ETFs e.g. S&P 500, FTSE 100, ISEQ 20, etc.

warren buffett has often said that the average person is better off simply buying index funds

your dividend per anum is still as good or better than a savings account yet over a long period , your capital is certain to grow , im talking twenty years however , bar the period of 1929 - 1949 , every single twenty year period since has returned significant gains in the market