Hello Share Totters. So BP (BP) runs against a US judge who says it has been negligent in that nasty oil leak in the Gulf of Mexico. The shares dropped nearly 6% on the news. Great – as I have a big holding in this British set-up! I don't know, the whole Footsie is rising like a lolly pop stick in a cloudburst – and I am still down today because of one American judge.
Hello Share Pickers: The bears among us outnumber the bulls. Everyone, it seems, expects shares to fall in value. One of the growling grizzlies' most pressing arguments is that American shares are over-valued. Well, so what? Don't buy them. And sell any that you have.
BP (BP.) shares are trading at 481p on a PE ratio just 6.6 and a dividend yield of 4.8%. The quarterly dividend has recently risen by more than 8% to 9.75 cents per share. BP is my largest holding, and the one I have held for one of the longest time. I am not selling.
Hello Shares Peekers: I'm beginning to wonder if that old cliché about 'Going away in May and coming back on Leger day' is true, after all. For the last few months, we've been given a few false dawns in the long awaited bid to blast the old record of 6,900 or thereabouts. Now it seems shares are really retreating.
Hello Share Shakers: I am heavily invested in oil companies. This is partly due to laziness. They are fairly easy to research. I check how much they hold in reserve first.
Hello Share Turners: It's always prudent to inspect some of your biggest holdings every few weeks or so to see if the story has changed.
Hello share fans: I've just watched a very old video of the famous 1971 film: Love Story. By modern standards, it is slow and cheap looking. But the script is excellent, tightly written, profound and witty.
I've already listed a few big New Year resolutions to keep your share pot on the boil. Here are a few more.
BP (BP.) has been an elephant in the room for long enough. So as a Christmas treat I am including it as one of my three shares of the year for 2014. An elephant is clearly a present for someone who has everything. As this is the season of goodwill to all men - well most men – I shall be brief.
Hello Share Movers: The old shares have been a bit dull this week and although the Footsie has been flat a lot of the time, my portfolios have suffered quite a lot.
