A Conversation for How Do You Make a Little Money Go a Long Way?

Buy Sheep Sell Deer

Post 1

Trout Montague

Equity, or indeed anything. World Equity Markets are in something of a slump right now, so perhaps the advice would be to buy shares, especially blue-chips. Importantly invest slowly and steadily (perhaps 50 quid a month), and don't keep checking the prices and panicking because they've dropped. Within 6 moinths you'll be accustomed to missing 50 quid a month. Keep an eye on the prices as they steadily rise over the next five years. Set a target selling price and don't get greedy. When they reach that price, you sell, regardless.


Buy Sheep Sell Deer

Post 2

Trout Montague

... and don't invest in a product you wouldn't use yourself. For instance if you never shop in Marks and Sparks, why buy their shares? But if you can't wear any other clothing, then of course shopping there is as good as putting the dividend back in your pocket. You can even call it a discount.


Buy Sheep Sell Deer

Post 3

Wrinkled Rocker

Buy Beer Company stock instead of their beer! smiley - cheers


Buy Sheep Sell Deer

Post 4

Trout Montague

It seems that "Buy Sheep Sell Deer" should be attributed to financier and presidential advisor Bernard Baruch.


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