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When we met initially, we decided upon taking a long term view (5 years +). Our club, like lots of others, contains a complete cross-section, as you would expect from a Barbers shop. Some of us wanted an all out gamble, whilst others wanted "steady eddie". Therefore we agreed on a roughly 75/25% split, with the 75% as the "eddie". Unilever and M&S were the first two, and since then we have added a small number of ICI, plus four other "could be the big one" shares (fat chance with our pedigree!). Our decisions really have been stabs in the dark. The decisions haven't been helped by: a) the huge welter of information out there. Surely it was easier before the Internet, and all you had to go on were the columns in The Times and The Telegraph. There was much less to digest, with a lot less "can't fail/dead cert/buy/sell/hold" options and opinions. b) the growth of hi-tech orientated Companies. Mny people have said that the money is flooding into them at the expense of the older Companies. Other people have said that this is "new money". What to do and who to believe? c) how do we find relevant, up-to-date, information, from maybe one or two suppliers with whom we can put our trust? We have almost got to the stage of deciding on a share and then picking one of the ones we rejected, because we seem to have the kiss of death! !!HELP!!
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