Lloyds shares, a good investment over 3 years?

[Pet Troll]

I know no one can predict the future, but does anyone think that investing some money in Lloyds shares would be a good idea with a view to sell them in about 3 years?

I know the chance of a dividend is slim within the next 3 years but I can't help but think they can only go up as they have done in the past 6 months.

Any thoughts or advice?

[Pet Troll]

anonymous said:

[redacted]

Is that really likely to happen? I mean it sort of happened once already and they were bailed out by the govournment and are sort of in the process off bouncing back, their losses are much reduced this year from last.
If they were to collapse again, would they be bailed out once more?

[BIRMA]

I have to own up to buying many many thousands of Lloyds bank shares back in 2011 as a punt, so far I'm a little in profit at the moment but I keep a wary eye on them.
Shares are doing well at the moment, I'm up 30% since my original purchase according to my share calculator

[Hoofy]

BIRMA said:

I'm up 30% since my original purchase according to my share calculator

Pretty good for a 2 year investment!

[BIRMA]

Hoofy said:

Pretty good for a 2 year investment!

Thanks,
Mainly RR Holdings, QQ, Vodafone. this figure also includes a big loss on Glencore too. My accountants have sorted tax etc.

[otherman]

Pet Troll said:

I know no one can predict the future, but does anyone think that investing some money in Lloyds shares would be a good idea with a view to sell them in about 3 years?

I know the chance of a dividend is slim within the next 3 years but I can't help but think they can only go up as they have done in the past 6 months.

Any thoughts or advice?

I think buy shares in a single company is more akin to gambling than investing, because no-one can actually know enough to have any real handle on what will happen - the CEO included. So, if you want to gamble, why not? But if you want to invest, I'd look elsewhere.

[tickious]

I was looking at these too, but I'm not sure after sticking a few G into Nothern Rock just as they were @ "rock", with the thought that even if I have to sit on them for a few years, it'll be fine as banks don't go bust...
So yes, always a gamble.

[Sideways Rich]

LBG are keen to start paying a divi, CEO mentioned it about 3 months ago. Personally I have invested as I believe over a 5 yr horizon they will increase.

Didn't help when the government announced they would start selling the shares at a lower value than orginally thought.

As usual DYOR.

[InertialTooth45]

I'm over a 100% up from Lloyds at 23p! Shame I only put in a couple if hundred rather than thousand.

[BIRMA]

InertialTooth45 said:

I'm over a 100% up from Lloyds at 23p! Shame I only put in a couple if hundred rather than thousand.

That's the story with shares though isn't it I started buying shares in June 2011 and only bought £30K's worth of RR Holdings they are now worth well over £50K which includes taxes paid etc.

[ringram]

They wont/cant go bust, but their shares are a leveraged play on the economy.

Therefore how do you think the UK economy is going to go over the next few years, especially with the retards in charge who fail to understand even basic economic facts such as the component of government spending in GDP.

[hornet]

I'd be wary of having all my eggs in one basket to be honest. Is there anything special about Lloyds that would see them dramatically outperforming the sector, or would the conditions favouring a Lloyds recovery also favour other institutions? I can't see them performing well in isolation, as the conditions that caused their problems hit everyone else as well, to a greater or lesser extent. Why not go for a financial fund rather than take a chance on just the one share? Spread the risk a bit. I'm no expert, but can get my head around a few basic ratios (EPS, P/E etc), so what do those look like in relation to other banks?

[BIRMA]

Pet Troll said:

I know no one can predict the future, but does anyone think that investing some money in Lloyds shares would be a good idea with a view to sell them in about 3 years?

I know the chance of a dividend is slim within the next 3 years but I can't help but think they can only go up as they have done in the past 6 months.

Any thoughts or advice?

I suppose the question is how much are you thinking of putting in to buying Lloyds shares. From my point of view they have only just started to move up slightly since I bought them in July 2011, whereas most other shares seem to be gaining fairly significantly over recent months. So I just consider them a punt and if they start to loose value I personally will drop them like a hot stone.