The FTSE 100 plunged 239.37 points today, to 5092.23 and the FTSE250 finished at 9,844.25, down 525.17 points as uncertainty returned to European and US markets.
Meanwhile the spot price of gold hit $1,816.09 an ounce, another record.
The Amateur Investor once again took advantage of plunging share prices to reduce the average buying price of half a dozen holdings. The trades made today were (the buying price is total price per share including stamp duty):
Continue reading “Here we go again. Markets plunge.”
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.
Now that I have confirmed than the Premium Trading option has been successfully added to my dealing account with The Share Centre buy making a test purchase of Barclays (BARC), I’m keen to follow up with many more purchases today. Continue reading “And the share purchases come thick and fast”