is now a good time to buy shares?

[The Iceman]

think i'll have to change the title of this thread to will it ever be a good time to buy shares again

a lot of people are still trading - day to day stuff - maybe leave it over night on a week day take the chance -definitely dont leave it over a weekend because we don't know what can happen
made a few $ on wachovia in recent weeks and then lost some $ but thats the name of the game

[muppet]

Looking at Washinton Mutual and Bank Of America to lead the way......Down
Intermediate term, Freddie Mac was a nice hit during the week

I hope you got out in time.

[PadraicHenryPearse]

what rate of tax do i pay on profit made from selling shares in ireland? Am i exempt the first 1200 euro and pay 23% on the rest?

[orangeman]

European and Asian markets have rallied in response to efforts by world leaders to end the recent financial turmoil.

London's FTSE 100, France's Cac 40 and Germany's Dax index all jumped more than 6%, tracking earlier gains on Asian markets.

Major central banks said they would offer financial institutions an unlimited amount of short-term dollar loans to help stem the crisis.

EU leaders said on Sunday no big bank would be be allowed to fail.

UK shares got a boost after the government said it would inject up to £37bn of taxpayer cash into Royal Bank of Scotland (RBS), Lloyds TSB and HBOS.

The FTSE 100 index was up 268.56 points, or 6.83%, at 4,200.62 points.




BIG BOUNCE EXPECTED TODAY.

[muppet]

European and Asian markets have rallied in response to efforts by world leaders to end the recent financial turmoil.

London's FTSE 100, France's Cac 40 and Germany's Dax index all jumped more than 6%, tracking earlier gains on Asian markets.

Major central banks said they would offer financial institutions an unlimited amount of short-term dollar loans to help stem the crisis.

EU leaders said on Sunday no big bank would be be allowed to fail.

UK shares got a boost after the government said it would inject up to £37bn of taxpayer cash into Royal Bank of Scotland (RBS), Lloyds TSB and HBOS.

The FTSE 100 index was up 268.56 points, or 6.83%, at 4,200.62 points.




BIG BOUNCE EXPECTED TODAY.

I'd rather see smaller sustained growth over a few months than a big bounce in one day.

A sharp rise after good news will lead to another big drop at the first sign of bad news.

[orangeman]

European and Asian markets have rallied in response to efforts by world leaders to end the recent financial turmoil.

London's FTSE 100, France's Cac 40 and Germany's Dax index all jumped more than 6%, tracking earlier gains on Asian markets.

Major central banks said they would offer financial institutions an unlimited amount of short-term dollar loans to help stem the crisis.

EU leaders said on Sunday no big bank would be be allowed to fail.

UK shares got a boost after the government said it would inject up to £37bn of taxpayer cash into Royal Bank of Scotland (RBS), Lloyds TSB and HBOS.

The FTSE 100 index was up 268.56 points, or 6.83%, at 4,200.62 points.




BIG BOUNCE EXPECTED TODAY.

I'd rather see smaller sustained growth over a few months than a big bounce in one day.

A sharp rise after good news will lead to another big drop at the first sign of bad news.

TRUE

[PadraicHenryPearse]

three-four sharp rises - i'll sell - the big fall - i'll buy and then you can have your  " smaller sustained growth over a few months" 

[muppet]

three-four sharp rises - i'll sell - the big fall - i'll buy and then you can have your  " smaller sustained growth over a few months" 

That greedy thinking has us in this mess.

[PadraicHenryPearse]

Agree but i didn't make anything out of the mess.  My shares dropped 70% in value since xmas 2007.Which i still have so i am trying to recover money i've lost.

[muppet]

Agree but i didn't make anything out of the mess.  My shares dropped 70% in value since xmas 2007.Which i still have so i am trying to recover money i've lost.

Sorry I didn't mean you personally.

The bankers and in particular the hedge funds are guilty of this. I expected some one to come on saying that 'it is the essence of the markets' (the neo-cons are in bed) which it is, but the essence of the markets shouldn't be allowed to force the taxpayer to bail it out to the tune of €250,000 per head.

[PadraicHenryPearse]

didn't take it personally - just thought i make a comment on anything i can (like alot of posters) and get my post numbers up....... I need this recovery bad as i am travelling around Oz and running out of cash so instead of going to the casino i've decided a short term investment in shares might be the answer. If i make a grand its an extra month i get enjoying Oz

[Hound]

what rate of tax do i pay on profit made from selling shares in ireland? Am i exempt the first 1200 euro and pay 23% on the rest?

CGT rate in Ireland is 20%. The first €1,270 is exempt per annum.

You can also offset any losses to cover gains. Therefore if you have a realised gain and an unrealised loss, it might be worth selling the relevant shares to crystallise your loss, and so reduce/eliminate your tax (you can then buy back more of the shares if you want).

If you had unused capital losses in prior years, they can be carried forward to offset current year gains (note current year losses cannot be used to offset prior year gains).

Anyone sitting on a capital gain (not too many I guess!) might want to consider selling before tomorrow, as one of the Budget rumours is an increase in the CGT and CAT rates from 20% to 25%.

There is also a 23% rate, and that applies to gains made on "offshore funds". Thats a bit more complicated......

[orangeman]

Is this a good time to put up taxes ?? Is it ever a good time ? But in the middle of a recession, is it necessary ?

[the Deel Rover]

looks like banking shares are still dropping aib shares under €3 angl just under €2 , Sean Quinn must be sick as a parrott when he looks at the anglo shares

[orangeman]

We seem to have found the bottom - has anyone taken the plunge ?