The link above is a link I put on a lot of my posts so you can easily get to my scores on the doors, so you can see the latest totals as I work towards achieving my goal. Now the share investment is the 2nd biggest part of the target, with a projection of £15,000 only surpassed by my own 1p challenge saving. It does however have the possibility of doing the whole £50,000 goal by itself.
As share schemes go, it as safe as you can get, I invest £100 per month for 60 months giving me a pot of £6,000 if the shares at that point are less than the value I have an option to buy them at I ask for £6,000 back. So don't lose any money other than say the value of £6,000 over 5 years. But at least you get your money back.
My option to buy was 20% less than the value they were when I started the scheme, so I get them for £1.70 they were valued at around £2.09 so if nothing changed I make 3,529 (shares I will get if I choose to buy) times 39p = £1,376 profit.
for every penny the shares go up by I get £35.29 profit.
So looking at historical data the highest the shares have been over the past 5 years is £5 in their life time they were over £10 in 1999
If the price after 5 years was £4.26 I then make my projected goal of £15,000 which is not a big ask, as it is below the the figure high of the past 5 years and well below its highest ever.
Obviously this basket only has a few of my eggs, and I am well aware you could have a profits warning the month before I sell my shares so all the previous 4 years and 11 months mean nothing, but similarly they could be talk of buy outs and the shares may sky rocket. It is certainly something I am watching, with the safety of knowing I will get my money back, but the dreams of it could well make thousands.
It's always good to have a dream.
I found this cartoon, lets hope it's nothing more than the chuckle it is meant to be.
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