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Bank of Ireland Shares

  • 18-10-2016 11:32PM
    #1
    pat111
    Registered Users, Registered Users 2 Posts: 4 ✭


    Hi 

    I'm new to  investing. I see bank of Ireland share price is at 17cent today. 
    Can people with knowledge and experience of investing give me there opinion on buying some of these shares as a long term investment?


Comments

  • #2
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 86,596 ✭✭✭✭Atlantic Dawn
    GDY151


    Stay clear of any Irish bank shares if your new to investing, they were 35cent a year ago and lots of people were pumping money in to them then thinking they were a bargain. Better long term investment would be Netflix, Tesla or an oil company.


  • #3
    pat111
    Registered Users, Registered Users 2 Posts: 4 ✭pat111


    Thanks for the reply.

    Yes i am new to investing. 
    Ireland is still in recover at the minute. These shares would be used to fund my retirement. surely in 25 years down the line these shares will increase would you not agree?


  • #4
    mickdw
    Registered Users, Registered Users 2 Posts: 23,985 ✭✭✭✭mickdw


    pat111 wrote: »
    Thanks for the reply.

    Yes i am new to investing. 
    Ireland is still in recover at the minute. These shares would be used to fund my retirement. surely in 25 years down the line these shares will increase would you not agree?
    Back in 2007 when shares were 18 euro, people thought they were a great investment. 


  • #5
    Atlantic Dawn
    Registered Users, Registered Users 2 Posts: 86,596 ✭✭✭✭Atlantic Dawn
    GDY151


    pat111 wrote: »
    Thanks for the reply.

    Yes i am new to investing. 
    Ireland is still in recover at the minute. These shares would be used to fund my retirement. surely in 25 years down the line these shares will increase would you not agree?
    But what is your surely based on? The property market in Ireland could fold again, BOI has UK exposure that is uncertain with Brexit. I would rather stick €10k on a horse that was tipped by a known jockey than stick it on Irish bank shares.


  • #6
    worded
    Registered Users, Registered Users 2 Posts: 4,892 ✭✭✭worded


    Mate of mine jumped in at 9 cent

    It's all a gamble, how big a gamble, who knows ....


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  • #7
    Bank of Ireland: Nicola
    Closed Accounts Posts: 735 ✭✭✭Bank of Ireland: Nicola


    pat111 wrote: »
    Hi 

    I'm new to  investing. I see bank of Ireland share price is at 17cent today. 
    Can people with knowledge and experience of investing give me there opinion on buying some of these shares as a long term investment?
    Hi pat111, thanks for getting in touch and welcome to Boards.ie

    We can’t advise you on buying Bank of Ireland shares, it’d be best to discuss this with a qualified investment adviser or stockbroker.

    Please let me know if you need help with anything else, thanks.
    Nicola


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