Don't know about transfer money out, but selling the fund and holding the money inside Vanguard took 2 days for me.About a week to change to cash. Mine seems to go up daily (the only thing that is currently)
Don't know about transfer money out, but selling the fund and holding the money inside Vanguard took 2 days for me.About a week to change to cash. Mine seems to go up daily (the only thing that is currently)
I sold most of mine 27th Jan the day after the deepseek thing, so took a hit that day. Had already been considering stepping out of the tracker fund because there were a lot of voices saying S&P was very peaky, and also because of Trump uncertainties. Am in short term money market, so I'm up about 0.7% since then, as opposed to the tracker being down 8%.
Given what I've seen, I've decided that likelier than not, he is going to continue to wreck havoc and until I see solid evidence to the contrary, I'll continue to hold in money market.
The markets don't like uncertainty, and he is full of it.
I fully expect Trump to have a negative impact for some time. But as soon as some of Trump's self-imposed economic sanctions are removed the stock prices will bounce back up.
All sold for now, £68 loss in the end. I won £200 on bonds this month, that'll cover that lossNaturally me selling will now mean good news for all of you that stay invested as the stock price shall now likely rise
What do you all think about Rolls Royce for the shorter term? I'm not looking to become a millionaire, it'd just be nice to put the cash to work in something that is safe-ish, might gain 3% - 5% in a year and is not in the US market. Could what Trump is playing at cause problems for Rolls Royce too? Only thing I can see is they've just had a big uptick and I've seen that happen with some other shares I have and after the uptick there always seems to be a settling period just after.
Naa.. he's like a kid with with a bee in his bonnet, he will get bored soon...I fully expect Trump to have a negative impact for some time. But as soon as some of Trump's self-imposed economic sanctions are removed the stock prices will bounce back up.
more likely further temper tantrumsNaa.. he's like a kid with with a bee in his bonnet, he will get bored soon...
That is the million dollar question. His entire campaign is based on his favourite word 'tariff' and accepted that there will be some short-term pain. I can't see him just walking back on something he seems so committed to.
We just had a small holiday at Bluestone in Pembrokeshire. Wife's next scan is this weekend coming. If it is still showing no evidence of disease (I have everything crossed) it is likely we'll try cram in another holiday prior to the next scan, which will be 3 months time. It sucks, feels like we live life scan to scan. We'd like to go abroad but travel insurance becomes a bit of a nightmare, however if this next scan is clear we're going to make it happen somehow!The volatility you experienced is completely trivial.
Spend it all on holiday with your wife and forget about the stock market.
He also thinks the stock market is the single most important metric of the performance of POTUS so he definitely won't like it crashing. The only thing is, is whether he realizes that his tarrifs are the cause (almost certainly not because he doesn't understand how tariffs work), or he will follow the advice of someone else. Musk is a horrendous person and a fool himself, but he knows full well the stock crash is due to tariffs so Musk might convince Trump, or other Republicans. His tariffs will also raise inflation which will be noticable to the average American. He was voted in on a policy of lowering living costs , so again someone might convince the orange cheato that his tariffs are doing the exact opposite.That is the million dollar question. His entire campaign is based on his favourite word 'tariff' and accepted that there will be some short-term pain. I can't see him just walking back on something he seems so committed to.
All it takes is one tweet from the Orange Idiot and it'll all be wiped out.Looks like Nvidia is going up again. Already 7% today.
SHSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSHHH for god sakeLooks like Nvidia is going up again. Already 7% today.
This. He could take umbrage later on today at the EU's reciprocal tariffs, resulting in a further dip in the stock market.All it takes is one tweet from the Orange Idiot and it'll all be wiped out.
He can change his mind, but he'll need some sort of scapegoat or justification. Likely as not he'll come up with something like
" My beautiful use of tariffs has forced all the countries taking unfair advantage of the US to re-negotiate trade agreements and america is now no longer the worlds commerical whipping boy, nobody ever saw tariffs used like that before. I've had professors of economics come up to be and said 'Sir, nobody in history has used tariffs like you'"
Right before he announces that the tariffs and the threat of them have served their purpose.