Another volatile day on the World’s stock markets

Well, the volatility on the FTSE (and around the world) continues. If my calculations are correct there was a 7% swing from the lowest to the highest FTSE100 level today!

The riots in London (and spreading to other major cities in England) is competing for space on the 24 hour news channels with the “rioting” taking place on stock markets.

I purchased more RSA and PNN for my HYP today. RSA goes ex-div tomorrow so I hope I’m in time to pick up the dividends for the extra shares bought today. I’m not entirely sure how far ahead of the ex-div date you need to purchase. Does buying within a Nominee account make any difference. See, I really am an Amateur Investor!

Another day, another 22 share trades

Some pound cost averaging of AstraZeneca (AZN) kicked off today’s share purchases, followed by purchased of Cookson (CKSN), Devro (DVO) and Umeco (UMC) on the back of share tips in The Independent this morning.

Lots more pound cost averaging (i.e. trying to make the average price I’ve bought various share at cheaper as the price has been dropping) of PUB, OCDO, BPTY, XMCX, HSX, HSBA, BPI, HWDN, LOG and SGP.

I hope the term “pound cost averaging” doesn’t haunt me.