OK, OK. Before anyone says it, the share trading activities of the Amateur Investor have been pretty non-existent in recent months.
Since liquidizing most of my holdings when deciding not to renew the unlimited trading option on my Share Centre account, all trading activity has consisted of buying funds within a Fidelity ISA.
But the need for a little ready cash to pay off a credit card which has the expiry of a 0% interest offer looming on the horizon meant that I dipped an early toe into the 2013 markets.
Last trade of the week was a small purchase of Barclays (BARC) shares. Re-investing a dividend payment which appeared in my dealing account this morning.
Bought the extra shares at 153p, and they ended the day at 144p – Typical of my purchases recently!
Still got my eye on more Aviva (AV.) shares, but the news that the Government has confirmed a ban on insurers receiving referral fees from lawyers in personal injury cases has hit Insurers today. Admiral dropped 57p to 1,307p while Aviva ended down 18.1p at 302.7p (within spitting distance of the 300p level I said I would be interested in buying in at earlier this week).
Today, the Amateur Investor purchased shares in three companies and they didn’t require me to pay money into my dealing account. How would you like some “free” shares?
It sounds too good to be true, right? Wrong!
But how is it possible for you to get some “free” shares too?
Well we all sighed with relief last night when we heard that the Dow Jones closed up nearly 4% or 429.92 points.
Is this the end of the rout we wondered…
This morning I read an article in Shares magazine about “future stars”. It mentioned “10 small caps set to hit the big time”.
Wanting a bit of the “big time” action, I purchased a small number of each company mentioned:
BYOT:AIM, CFC:AIM, CRA:AIM, DOTD:AIM, KEFI:AIM, FRX:AIM, ODX:AIM, SDI:AIM, IDG:AIM, ZTR:AIM
Also purchased further BARC, LWB, DXNS and LGEN – 18 trades in total today.
The FTSE100 finished down 3.4% today. Did I choose the right time to take on my new role as the Amateur Investor?
So, just to test that this Premium Trading thing was working properly I decided to make a small trade….