Comments on: Why I’ve bought Lloyds Banking Group http://monevator.com/2009/07/02/why-ive-bought-lloyds-banking-group/ Make more money, invest profitably, retire early Fri, 10 Feb 2012 22:06:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: The Investor http://monevator.com/2009/07/02/why-ive-bought-lloyds-banking-group/comment-page-1/#comment-112361 The Investor Wed, 02 Nov 2011 10:20:35 +0000 http://monevator.com/?p=2239#comment-112361 @Claude -- Unfortunately yes, I do still have a small holding (certainly smaller than it was!) I am hanging on for the long-term with them, as I think the risks of further implosion are outweighed by the likely business model and strength of Lloyds in the medium to long term. @Claude — Unfortunately yes, I do still have a small holding (certainly smaller than it was!) I am hanging on for the long-term with them, as I think the risks of further implosion are outweighed by the likely business model and strength of Lloyds in the medium to long term.

]]> By: Claude http://monevator.com/2009/07/02/why-ive-bought-lloyds-banking-group/comment-page-1/#comment-112203 Claude Tue, 01 Nov 2011 12:32:55 +0000 http://monevator.com/?p=2239#comment-112203 Hi there, just found your article! Do you still have Lloyds shares? Hi there, just found your article! Do you still have Lloyds shares?

]]> By: The Investor http://monevator.com/2009/07/02/why-ive-bought-lloyds-banking-group/comment-page-1/#comment-17750 The Investor Mon, 07 Dec 2009 17:44:22 +0000 http://monevator.com/?p=2239#comment-17750 Hi John - I don't like to give individual advice as I'm not a qualified financial adviser, and also I've sold my Lloyds shares (as <a href="/2009/10/21/breaking-up-the-banks-is-hard-to-do/" rel="nofollow">mentioned</a> here). Personally, I might look again at Lloyds when the Rights Issue has cleared up - I got spooked out by the withdrawal from the Asset Protection Scheme, and the (then) uncertainty about what Lloyds would be made to dispose of by the EU. The latter looked hard but fair and still left a potential powerhouse. The former (leaving the APS) changed the investment case, so I'll try to look again at Lloyds when/if the Rights Issue is successful. In my personal opinion Lloyds is basically a bet on there not being another banking crisis AND a bet on UK GDP. I'm more optimistic than many on the latter on a five year view. Hi John – I don’t like to give individual advice as I’m not a qualified financial adviser, and also I’ve sold my Lloyds shares (as mentioned here).

Personally, I might look again at Lloyds when the Rights Issue has cleared up – I got spooked out by the withdrawal from the Asset Protection Scheme, and the (then) uncertainty about what Lloyds would be made to dispose of by the EU. The latter looked hard but fair and still left a potential powerhouse. The former (leaving the APS) changed the investment case, so I’ll try to look again at Lloyds when/if the Rights Issue is successful.

In my personal opinion Lloyds is basically a bet on there not being another banking crisis AND a bet on UK GDP. I’m more optimistic than many on the latter on a five year view.

]]> By: john http://monevator.com/2009/07/02/why-ive-bought-lloyds-banking-group/comment-page-1/#comment-17720 john Mon, 07 Dec 2009 13:40:22 +0000 http://monevator.com/?p=2239#comment-17720 I have only 714 ISA shares but can have another 956 at 37p for £353.72p is this a good investment for long terms Tanks john I have only 714 ISA shares but can have another 956 at 37p for £353.72p is this a good investment for long terms
Tanks john

]]> By: The Investor http://monevator.com/2009/07/02/why-ive-bought-lloyds-banking-group/comment-page-1/#comment-14129 The Investor Mon, 02 Nov 2009 19:30:17 +0000 http://monevator.com/?p=2239#comment-14129 Hi Simon, I'm unable and unqualified to give individual advice. As I mentioned in the following post of October 21st though, I have sold all my Lloyds shares: http://monevator.com/2009/10/21/breaking-up-the-banks-is-hard-to-do/ Good luck! Hi Simon,

I’m unable and unqualified to give individual advice.

As I mentioned in the following post of October 21st though, I have sold all my Lloyds shares:

http://monevator.com/2009/10/21/breaking-up-the-banks-is-hard-to-do/

Good luck!

]]> By: Simon http://monevator.com/2009/07/02/why-ive-bought-lloyds-banking-group/comment-page-1/#comment-14111 Simon Mon, 02 Nov 2009 15:56:52 +0000 http://monevator.com/?p=2239#comment-14111 I bought at roughly the same time and now feel a little uncertain - though it is of course too late unless I want to sell at a loss. But given subsequent and more recent events what do you think now? I bought at roughly the same time and now feel a little uncertain – though it is of course too late unless I want to sell at a loss. But given subsequent and more recent events what do you think now?

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