Back on the lloyds share band wagon regret getting rid of them!
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Lloyds are on my permanent hold list. I just feel like you canāt really lose we will always need banks (recession proof).
Saying that Iām sure there are much more profitable shares you can invest in.
Phoenix (aka Standard Life) is a good one. Nice easy 10% yield
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Have I missed something? My holding has risen 4p a share, possibility of touching 60+ a share by end of the weekā¦
Not a clue. The business hasnāt changed Iām guessing improved market sentiment?
Shares across the board seem to be up this week. Not that Iām complaining.
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I suspect its all to do with the new labour government and their policies as it seems to be lifting lots of shares at the moment
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Agreed. Labour are positive on growth which means more positive on bank lending especially in housing. Also, the last gov. were openly anti British business (see Borisās āFā¦ businessā) and everything that wasnt US private equity.
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Thank you allā¦
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5p drop in a week ouch! My shares have taken a pounding this week. Where is the bottom I wonder?
Last time this happened we ended up at the low to mid 40p mark but surely with the lower number of shares in issue and increased dividend this wonāt happen? If it does Iām going to buy as many as I can get my hands on :). Still with the movement it benefits the buyback volumes.
Long term hold for me 
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Massive drop on my portfolio as a collective. Biggest drop since I started investing in 2021 
buying time finally for me the prices seem roughly right for me. If it falls further so be it but from the graphs over time around now is good for me anyway.
This is ETFs Iām talking about mostly and a good few single stocks have came down as well that are ready for a buy.
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What a difference 12 days makes hey Kiava.
Nearly dividend time as well bonus.
Unfortunately it didnāt drop enough for me to buy in, it may be that we never see sub 50p again. Maybe Iāll increase my buy price for next time.
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Iām 36% up on this stock so happy enough do want more but are we thinking with rates going lower in the future the profits of banks decrease.
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Speaking about banks are they cynical in a way in terms of interest rates control profits as minerals control mining profits.
Mining though seems to be steady with the sine wave type graphs as supply and demand take effect, but banks we usally need something big economicly etc for the rates to rise.
So will many be dumping bank stocks with rate cuts happning until the next high interest rate era?
Or do many buy and hold. I do know loydds had a long period of zero growth etc and I havenāt looked at other banks to be honest. I guess all banks can make money in different ways as well as selling mortgages, loans, travel insurance, contents, buildings etc etc
For me I like loydds they seem to be doing decent and the share price is nice for any change you have.
Banks make money on net interest margin (the difference between the rate they lend at e.g. loans, and the rate is costs them to raise funds e.g. savings).
Simplistically, the higher the base rate the easier it is to widen their NIM. And therefore more profit.
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Some five-six years ago, I did own some Lloyds.
But I saw the error of my ways in terms of targeting dividends over total return.
Now, I avoid investing in banks for many of the reasons outlined in this article by Terry Smith:
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Thank you both for your repliys. Iām not sure what to do since Iām almost 40% up should I hold should I sell ahhh
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Iām happy where it is tbh my AVG is maybe 0.43p so if itās under That fair game for more buying! But at 30% up couldnāt justify buying more even tho want to 
Hold think of the dividends hopefully seems strong enough? 
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I sold and I will still get the divs on sep I will see whatās what later on right now Iām on a portfolio reshuffle
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Would like to see 55p or lower before i top up.
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