Unless you are old you should welcome a market crash and the chance to hoover up cheap shares as they don't come around all that often. Nobody really knows what will happen of course but history shows markets can fall a lot more than they have so far.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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Unless you are old you should welcome a market crash and the chance to hoover up cheap shares as they don't come around all that often. Nobody really knows what will happen of course but history shows markets can fall a lot more than they have so far.
US/UK governments need to take more money out the economy to stem inflation, the result is obviously a slowdown. As markets are forward thinking you need to figure out what the economy is doing in 6 months. Mid 2023 will see a relaxing of inflation and interest rate rises, economic growth will kick in a few months later.
Everything you read in the UK media is backward thinking and just noise, try and read Goldman Sachs economic forecasts as they are the best in the business.
tl;dr buy second quarter 2023
Everything you read in the UK media is backward thinking and just noise, try and read Goldman Sachs economic forecasts as they are the best in the business.
tl;dr buy second quarter 2023
Adobe just plummeted 13.80% and is now back to pre pandemic levels
google says they have an upcoming earnings call but they already released the earnings report
www.marketwatch.com
Soo tempted to buy but something tells me the stock markets going to get nasty real soon
google says they have an upcoming earnings call but they already released the earnings report
Adobe Reports Record Revenue in Q3 Fiscal 2022
Adobe reported financial results for its third quarter fiscal year 2022 ended Sept. 2, 2022.
news.adobe.com
Adobe stock drops after WSJ report of talks to buy Figma for $20 billion in cash and stock
Shares of Adobe Inc. undefined sank 3.8% in premarket trading Thursday, after The Wall Street Journal reported that the digital media and publishing company...
www.marketwatch.com
Soo tempted to buy but something tells me the stock markets going to get nasty real soon
Paid a good chunk of the mortgage off.
Felt stupid having so much cash waiting and waiting gathering zero interest... for something that's not going to happen for a "good" time....
It's all relative to each of us individually but to me seems sensible given how my new fixed rate will be come renewal next year.
Felt stupid having so much cash waiting and waiting gathering zero interest... for something that's not going to happen for a "good" time....
It's all relative to each of us individually but to me seems sensible given how my new fixed rate will be come renewal next year.
There is something to be said about certainties vs hypotheticals for sure. I am always torn between investing money and paying off the mortgage as it would be really nice to be mortgage free before I'm 40. Even though I know the smart move is to invest, that stability and QoL that having no mortgage can offer is very tempting.
Reaction from yesterday's FOMC meeting, which caused the S&P 500 and Nasdaq to drop 2%
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I personally think we are close to the bottom for this bear run (depending on what happens in China) but we will see further pumps and dumps till next year sometime.
Not financial advice
Soldato
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I think so too, but kinda curious if S&P500 can break 3500
well I have a quite heavy UK bias ,the speed that sterling crashed was scary ,my vwrl took the sting out a little with a decent rise on the dollar strength ,but injecting cash into the economy while trying to cool with interest rate rises ? Someone on the news said it's like digging a hole and using the soil to fill it back up again
Edit still needs an edit
Edit still needs an edit
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Thing is, the pound going lower circa 20% has propped up UK investors portfolios while the US has seen big falls. When the stock market reverses and the pound with it UK investors will not see the gains they think they will unless they move to GBP hedged investments. Timing will be everything.
Everyone wants tax cuts, until you realise that those cuts benefit the rich more than the poor, then there's outrage...
Soldato
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Forex isnt clear as they arent earning in sterling often. The companies themselves often report earnings in Dollars and also even dividends before it gets through the exchange rate to here. a lot of business in London is global, we are quite lucky
I have a short Yen on one fund, sadly I think they are long GBP for the cross
Glad I sold XLE but also I think not too early to nibble oil, FTSE probably anything with decent cashflow is ok despite storm clouds and markets running for cover. Do you really want to hold cash to any great extent lol
I have a short Yen on one fund, sadly I think they are long GBP for the cross
So Friday we lost 5.54% adding both losses together and SP500 is showing -1.72%. Its hard to compare the two, EWU is FT100 etf dollar quote but its also triple the yield and thats part of returns so to compare would need the chart for total returns inclusive etc.
Glad I sold XLE but also I think not too early to nibble oil, FTSE probably anything with decent cashflow is ok despite storm clouds and markets running for cover. Do you really want to hold cash to any great extent lol
Bond value being far larger then shares, a reduction in total value is probably quite significant. Feeds price elsewhere, I did always think this would happen ~ the unwind to QE
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Currently mostly in US tech which has been nicely cushioned by the sterling collapse. Don't really want to sell until things start to recover next year, but on the other hand, at some point it's going to make sense to move back into more UK assets to actually make anything of the FX moves.
I think the wisest thing is probably just pile as much as possible into a spread of funds in my SIPP and not think about it too much!
I think the wisest thing is probably just pile as much as possible into a spread of funds in my SIPP and not think about it too much!