is now a good time to buy shares?

[gerrykeegan]

Holy feck!!! You Free Staters better start praying non of the banks go under. With a E7 billion hole already in this years finances, this could brakrupt the place for a decade.

I think Donagh's comment looks now to be the understatement of the decade!

[orangeman]

BP shares are taking some battering.

Now down to £3.33.

Good time to buy or not ??

[The Iceman]

I pulled all my stocks and pushed them into a lifecycle index fund with vanguard.

[seafoid]

Dont know much about shares lads. Looking for some advice. Would banking shares be a good investment at the min? Was looking at LLoyds banking shares. Surely things will get better in the coming years in the banking industry? We have already seen signs of recovery with Goldman and JPMorgan announcing huge profits.

Whats the best way to go about buying shares?

Looking at banking shares just because they are local is like looking at your local club team in terms of winning the all-Ireland. Most of the growth over the next few years is not going to happen in europe. If you want to get into banks have a look at Asia or South America. that's where the growth and the profit is likely to be. 

Lloyds and RBS may rise significantly (especially if the analysts are right- they are always sunny and optimistic, god love them) but there is a lot of downside risk. At the beginning of the year all the hotshots were saying Irish Life and permanent should double to €6 and instead the shares halved. 

[orangeman]

BP shares are taking some battering.

Now down to £3.33.

Good time to buy or not ??

£3.08 and falling - BP looking very vulnerable now at these levels.

[muppet]

BP shares are taking some battering.

Now down to £3.33.

Good time to buy or not ??

£3.08 and falling - BP looking very vulnerable now at these levels.

Wait for the take-over rumours.........

[orangeman]

BP shares are taking some battering.

Now down to £3.33.

Good time to buy or not ??

£3.08 and falling - BP looking very vulnerable now at these levels.

Wait for the take-over rumours.........

Surely by buying at £3.00 or so, any potential takeover would boost themm given their prime position on the world oil market ?.

[seafoid]

There is a smallish risk of BP becoming bankrupt. Otherwise the shares are undervalued due to an overreaction by the markets. A bit like Irish life and Permanent maybe.   

[joemamas]

BP shares are taking some battering.

Now down to £3.33.

Good time to buy or not ??

£3.08 and falling - BP looking very vulnerable now at these levels.

Wait for the take-over rumours.........

Surely by buying at £3.00 or so, any potential takeover would boost themm given their prime position on the world oil market ?.

Be careful, How can you buy a stock where you cannot even quantify thier liability. Yes BP has valuable global assets, but untimately may have to sell them to pay for current gulf mess.

[the Deel Rover]

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

have we found it yet ?

[Bogball XV]

big jump  irish bank shares this morning aib up 63 cent and boi up 35 cent

Desmond sold his too early. Human after all.

maybe not OM, maybe not

There's some great posts in this thread, some craic.

[FL/MAYO]

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

have we found it yet ?

For once in my life I was lucky in regard to investments, during the crash of 2008 I had my 401k money in a fixed account as I was trying to buy extra pension benefits (this never materialized), I put the 401k money back in slowly to my accounts over the next 6 months with over a 50% return on my money since then. Pure luck, in right place at the right time!The markets have had a nice steady return in the last 18 months just spread out your exposure.

[illdecide]

Blow it out your ass Mayo

only messin, well done.

[the Deel Rover]

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

have we found it yet ?

For once in my life I was lucky in regard to investments, during the crash of 2008 I had my 401k money in a fixed account as I was trying to buy extra pension benefits (this never materialized), I put the 401k money back in slowly to my accounts over the next 6 months with over a 50% return on my money since then. Pure luck, in right place at the right time!The markets have had a nice steady return in the last 18 months just spread out your exposure.

sure no wonder you are looking for house bargains FL 

[FL/MAYO]

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

have we found it yet ?

For once in my life I was lucky in regard to investments, during the crash of 2008 I had my 401k money in a fixed account as I was trying to buy extra pension benefits (this never materialized), I put the 401k money back in slowly to my accounts over the next 6 months with over a 50% return on my money since then. Pure luck, in right place at the right time!The markets have had a nice steady return in the last 18 months just spread out your exposure.

sure no wonder you are looking for house bargains FL 

Deel, I cant touch it until I retire unfortunately so not any good to me now. Have you finished that house yet....I love bargains