Not sure that the Bank of Englands (BOE) Mark Carney nor his flavour of forward guidance  has really helped us gauge when interest rates will start their path to normalisation. After setting clear criteria of what will preempt a rise, the BOE has had to hastily back track away, month after month, given that the criteria were met earlier than expected. And a rise wasn’t even close to being on the horizon. The forward guidance has been a bit pointless to say the least.

Instead guidance has been replaced with cautious forecasts for growth and the return to speculative guesswork (opinion) from media economists of when the first rate rises will come.

With savers interest rates falling away further in recent months, and accounts pulled. I would imagine that short of allowing inflation to erode away savings,  investors will definitely now need to contemplate other alternatives for the medium term, including stocks. The only certainty for the next few years is that savings accounts arent going to be an attractive proposition for the average saver for quite a number of years.

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Monitise close call…

Posted: November 5, 2014 in General, Monitise

My Monitise (MON:LN) shares have flagged alerts a few times lately, they’ve been on a downward slide and i’ve seriously toyed with actually following through and selling off.

Now as mentioned before selling off on share price performance alone, is something I’ve struggled with as an investor. It’s a hard habit to break. So yet again I have played chicken instead and moved my stop-loss out to a massive 20%. Another horrifc mistake probably.

However there’s a few reasons why im disinclined to get out to soon here, the biggest is that I have read about rumours regarding a takeover move, and that any such move won’t be cheap. And secondly the growth prospects are as sound as they were when I first made the decision to invest.  Arguably therefore riding the peaks and troughs is a sound decision, for now, presumably. Time will tell.

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Watching the watchlist….

Posted: October 27, 2014 in Watchlist

I’m probably not alone in being guilty of growing a watchlist far beyond a manageable size, ignoring monitoring alerts, and forgetting its real purpose. In fact I’m guessing many novice investors such as myself, probably treat portfolios in a similar manner.

I was perusing through mine today, and realised that I hadn’t actually maintained it in quite a while. There were companies that had already matured past my intended entry point, or had declined enough to be now unattractive.  Yet I had recently added more. It was a sprawling list with a few notes and little value.

All the monitoring tools and alerts in the world won’t help, if as an investor I am not disciplined enough to action the data.

In a similar fashion to my portfolio of owned shares.  I had started my watchlist with an intention of ruthlessly monitoring the companies over a period of time. Culling all those that no longer met my criteria, or purchasing those that became attractive investments. 

I want my watchlist to be a real useful tool, so over the next few days I will revisit the list according to my investment criteria. And will reset my alerts,  and monitors, and actually use my watchlist as intended.

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