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Post by admin on Dec 26, 2018 11:31:22 GMT
Well anyone with stocks and shares will have stopped checking in December as the arse fell out of the markets. Unfortunately if you look now then it got worse "US stocks had their worst Christmas Eve on record. The Dow Jones index of 30 leading companies fell more than 650 points on Monday, and is on track for its worst December since 1931, during the Great Depression."Good job that it's only numbers and not real cash. It may get worse before it gets better but will recover, although gonna take a while to recover December's losses. I'm not sure at what age it actually registers in your brain that when you hear "markets at record high" then it's time to stop listening to anyone and sell? I have a few BP shares and £6 was a sell price for me (research unanimously said buy and that they would keep going up) so I bottled it. They sat at £4.91 the last time I looked. Buggered if I know where they will drop to when UK markets open bang-head-on-wall What does this mean for 2019? A lot will depend on what happens in Washington (America sneezes and the world/UK catches a cold): government shutdown, simmering trade tensions and the president's tweets. One thing has been made very clear: if the White House wants to calm nervous investors, it's going to need to get much better at its messaging.Add into that the uncertainty of Brexit and the cock up UK plc is making of the exit process then small stock market (low cost Tracker) drip feed might be the way to go although cash is king if you have it. A nice savings account isn't very interesting but you're never chasing losses  |
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Post by Hodgy on Dec 26, 2018 21:20:07 GMT
Well anyone with stocks and shares will have stopped checking in December as the arse fell out of the markets. Unfortunately if you look now then it got worse "US stocks had their worst Christmas Eve on record. The Dow Jones index of 30 leading companies fell more than 650 points on Monday, and is on track for its worst December since 1931, during the Great Depression."Good job that it's only numbers and not real cash. It may get worse before it gets better but will recover, although gonna take a while to recover December's losses. I'm not sure at what age it actually registers in your brain that when you hear "markets at record high" then it's time to stop listening to anyone and sell? I have a few BP shares and £6 was a sell price for me (research unanimously said buy and that they would keep going up) so I bottled it. They sat at £4.91 the last time I looked. Buggered if I know where they will drop to when UK markets open bang-head-on-wall What does this mean for 2019? A lot will depend on what happens in Washington (America sneezes and the world/UK catches a cold): government shutdown, simmering trade tensions and the president's tweets. One thing has been made very clear: if the White House wants to calm nervous investors, it's going to need to get much better at its messaging.Add into that the uncertainty of Brexit and the cock up UK plc is making of the exit process then small stock market (low cost Tracker) drip feed might be the way to go although cash is king if you have it. A nice savings account isn't very interesting but you're never chasing losses All too unpredictable to risk / gamble playing the market, given the uncertainty. Saving(s) accounts pay nothing but you benefit more from the lower mortgage rate. What’s your thoughts on premium bonds? Many (including my bank) advise its the best option as things stand. |
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Post by admin on Dec 26, 2018 23:35:47 GMT
Well anyone with stocks and shares will have stopped checking in December as the arse fell out of the markets. Unfortunately if you look now then it got worse "US stocks had their worst Christmas Eve on record. The Dow Jones index of 30 leading companies fell more than 650 points on Monday, and is on track for its worst December since 1931, during the Great Depression."Good job that it's only numbers and not real cash. It may get worse before it gets better but will recover, although gonna take a while to recover December's losses. I'm not sure at what age it actually registers in your brain that when you hear "markets at record high" then it's time to stop listening to anyone and sell? I have a few BP shares and £6 was a sell price for me (research unanimously said buy and that they would keep going up) so I bottled it. They sat at £4.91 the last time I looked. Buggered if I know where they will drop to when UK markets open bang-head-on-wall What does this mean for 2019? A lot will depend on what happens in Washington (America sneezes and the world/UK catches a cold): government shutdown, simmering trade tensions and the president's tweets. One thing has been made very clear: if the White House wants to calm nervous investors, it's going to need to get much better at its messaging.Add into that the uncertainty of Brexit and the cock up UK plc is making of the exit process then small stock market (low cost Tracker) drip feed might be the way to go although cash is king if you have it. A nice savings account isn't very interesting but you're never chasing losses All too unpredictable to risk / gamble playing the market, given the uncertainty. Saving(s) accounts pay nothing but you benefit more from the lower mortgage rate. What’s your thoughts on premium bonds? Many (including my bank) advise its the best option as things stand. Drip feeding/regular investing in stocks/shares is painless and worthwhile over the long term (5-10 years), especially for youngsters investing in a SIPP (pension) as the markets invariably produce the best returns, especially since the days of 4,5,6% or higher (remember a TESSA paying 15% interest  ) interest rate cash ISAs are long gone. Personally I've never got Premium Bonds and still don't. It's just like investing in the Lottery although you can get your stake back after it's been eroded by inflation. |
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Post by Hodgy on Dec 27, 2018 0:25:35 GMT
All too unpredictable to risk / gamble playing the market, given the uncertainty. Saving(s) accounts pay nothing but you benefit more from the lower mortgage rate. What’s your thoughts on premium bonds? Many (including my bank) advise its the best option as things stand. Drip feeding/regular investing in stocks/shares is painless and worthwhile over the long term (5-10 years), especially for youngsters investing in a SIPP (pension) as the markets invariably produce the best returns, especially since the days of 4,5,6% or higher (remember a TESSA paying 15% interest ) interest rate cash ISAs are long gone. Personally I've never got Premium Bonds and still don't. It's just like investing in the Lottery although you can get your stake back after it's been eroded by inflation. Yes I remember the days, when I had no money to invest. It was all taken to pay the vast mortgage interest rates. We now have few saving opportunities, but if you’re still paying a mortgage it’s been well worth it. I’ve heard several positive +% feedback regarding Premium Bonds investment. At minimum you get your stake back. More investigation needed. |
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Post by admin on Dec 27, 2018 9:48:55 GMT
I’ve heard several positive +% feedback regarding Premium Bonds investment. At minimum you get your stake back. More investigation needed. Martin Lewis & MSE always a good starting point: Premium Bonds - Are they worth it? - link broken 404 |
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Post by Hodgy on Dec 27, 2018 11:05:54 GMT
I’ve heard several positive +% feedback regarding Premium Bonds investment. At minimum you get your stake back. More investigation needed. Martin Lewis & MSE always a good starting point: Premium Bonds - Are they worth it? - link broken 404 I often turn to Martin Lewis when seeking advice. Difficult to compare using averages. With an ISA you get what the % is set. With an average PB paying 1.4%, some will get more, others less. Either way at least your stake is safe, unlike the lottery. |
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Post by admin on Dec 27, 2018 14:44:57 GMT
Martin Lewis & MSE always a good starting point: Premium Bonds - Are they worth it? - link broken 404 I often turn to Martin Lewis when seeking advice. Difficult to compare using averages. With an ISA you get what the % is set. With an average PB paying 1.4%, some will get more, others less. Either way at least your stake is safe, unlike the lottery. I'd take a fixed rate cash ISA. Money safe and making money, albeit not going to make you rich, at 1.66% - 2.27%, depending on your timeframe and amount invested. I do a Lottery syndicate, have done for years, and rarely win so in terms of needing to be lucky, Premium Bonds hold little appeal, but each to their own. |
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Post by Hodgy on Dec 27, 2018 19:59:14 GMT
I often turn to Martin Lewis when seeking advice. Difficult to compare using averages. With an ISA you get what the % is set. With an average PB paying 1.4%, some will get more, others less. Either way at least your stake is safe, unlike the lottery. I'd take a fixed rate cash ISA. Money safe and making money, albeit not going to make you rich, at 1.66% - 2.27%, depending on your timeframe and amount invested. I do a Lottery syndicate, have done for years, and rarely win so in terms of needing to be lucky, Premium Bonds hold little appeal, but each to their own. Agree, with an ISA you know what the payback will be, albeit not great considering the investment. Only mentioned Premium Bonds as several people, including my bank manager, advised it would be their preferred option. Appreciate your opinion. Thanks. |
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Post by admin on Dec 29, 2018 9:26:50 GMT
I'd take a fixed rate cash ISA. Money safe and making money, albeit not going to make you rich, at 1.66% - 2.27%, depending on your timeframe and amount invested. I do a Lottery syndicate, have done for years, and rarely win so in terms of needing to be lucky, Premium Bonds hold little appeal, but each to their own. Agree, with an ISA you know what the payback will be, albeit not great considering the investment. Only mentioned Premium Bonds as several people, including my bank manager, advised it would be their preferred option. Appreciate your opinion. Thanks. Forgot to factor in though that for decent interest at a fixed rate you need a decent wedge up front. If you're looking at regular saving and access then ISAs are less attractive, especially while the £1000 personal savings allowance exists and you don't hit that limit. |
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Post by admin on Jan 12, 2019 20:24:35 GMT
Next week could be a good week to drip feed some in to the markets Tom Newton Dunn @tnewtondunnEmergency planning underway for PM to make an immediate Commons statement after the defeat, either late on Tuesday (15/1/19) or Wednesday, to calm financial markets. May then expected to fly to Brussels for crisis talks with Tusk/Juncker. |
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Post by admin on Mar 2, 2020 12:20:28 GMT
Well the bottom really has dropped out of the market - think that they call it time to Hold and sit tight with a tear in your eye? If you're brave though and think that you can second guess Coronavirus and the markets then good luck to you?
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Post by admin on Mar 19, 2020 21:27:29 GMT
Well the bottom really has dropped out of the market - think that they call it time to Hold and sit tight with a tear in your eye? If you're brave though and think that you can second guess Coronavirus and the markets then good luck to you? Well it's beyond funny now as anyone in the stock market is looking at huge losses that may never be recovered in a lifetime (yes they say markets always bounce back but this is different). Added to that, if you've got any cash and thought that interest rates were rubbish back then (2%+ seems like a lottery win today), it certainly was a case of be careful what you wish for  |
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Post by admin on Dec 9, 2020 21:38:36 GMT
Well the bottom really has dropped out of the market - think that they call it time to Hold and sit tight with a tear in your eye? If you're brave though and think that you can second guess Coronavirus and the markets then good luck to you? Well it's beyond funny now as anyone in the stock market is looking at huge losses that may never be recovered in a lifetime (yes they say markets always bounce back but this is different). Added to that, if you've got any cash and thought that interest rates were rubbish back then (2%+ seems like a lottery win today), it certainly was a case of be careful what you wish for Funny old world. If you'd dumped in the stock market in April you'd be sitting pretty now and counting your profit. If you panicked and run for cash you're probably sitting on the same amount, effectively losing value with nowhere to go with it! Dow Jones sitting at 30068.81  |
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Post by admin on Nov 2, 2021 16:45:08 GMT
Well the bottom really has dropped out of the market - think that they call it time to Hold and sit tight with a tear in your eye? If you're brave though and think that you can second guess Coronavirus and the markets then good luck to you? Well it's beyond funny now as anyone in the stock market is looking at huge losses that may never be recovered in a lifetime (yes they say markets always bounce back but this is different). Added to that, if you've got any cash and thought that interest rates were rubbish back then (2%+ seems like a lottery win today), it certainly was a case of be careful what you wish for Funny old world innit? At the time of that post the Dow Jones crashed to 19000 but 20 months later has just gone through 36000 (bounce back they did) b0252 lucky for some. |
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Post by admin on Nov 4, 2021 20:58:29 GMT
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Post by admin on Nov 8, 2021 20:35:19 GMT
CNBC's Closing Bell@CNBCClosingBell 8/11/21Final hour of the trading day!  kerching!! b0252
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Post by admin on Oct 13, 2022 11:14:07 GMT
Depends where you think the bottom is? It's absolute carnage out there with the FTSE at 6800 & the DOW at 29000 so if you're brave and diversified and in for the long term then possibly? Cash may not be exciting & effectively losing value with high inflation but it only goes up to the eye. The same can't be said of stocks & shares. I've just looked at a load of smiling people on the interactive investor news feed telling you where to put your money? Under the bed perhaps at the moment  |
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Post by admin on Nov 10, 2022 21:03:10 GMT
Depends where you think the bottom is? It's absolute carnage out there with the FTSE at 6800 & the DOW at 29000 so if you're brave and diversified and in for the long term then possibly? 10/11/22 DOW up 1100 points on day to 33,700 FTSE 7375.34 |
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) interest rate cash ISAs are long gone.
