Corporate debt is though
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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Corporate debt is though
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Getting to the point where paying into a pension was worse than taking it as income.
I'll wait to pass judgement on that. The amount of debt has been a concern for a long time now, and a lot of problems only surface when something bad happens, which is obviously the situation we're in now. Don't forget that everyone was happily making money from CDOs back in 2008, right up until the point at which it fell apart. Only a small number of people bothered to find out what was actually backing the securities, and no one wanted to listen to that until it was too late.
That said, I'll be happy to see the economy whether this storm.
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Anything worth investing in at the moment or soon with what's going on?
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I'm just continuing to onvest in the companies I want to, drip feeding them to $ or £ cost average. 'This too will pass' and I think the decision is not so much whether to invest or not, but what to invest in - some great companies out there, with it being like a sale at the moment if an investor is in it for the long game.
Can't help but feel we (and more so the media) are talking ourselves into a recession (if indeed we get one).
Can't help but feel we (and more so the media) are talking ourselves into a recession (if indeed we get one).
Are you sure you're accounting for both the tax relief and company match? Can imagine if you're either in 20% tax bracket or have some non-token company match it's still ok even in these drastic circumstances.
I bought bp at 332p the other day wish I put an order in at say 325 but I probably would be saying the above again
I’m sure in a few months it will all work out I’m only after 20% of what I put in
lesson learned is be patient and don’t buy because it’s cheaper I was a fool
I’m sure in a few months it will all work out I’m only after 20% of what I put in
lesson learned is be patient and don’t buy because it’s cheaper I was a fool
What next time, buy because it's more expensive? Timing the market in a nutshell
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scenario is: paying into pension to avoid paying 40% income tax
I was wrong it was 10.9%
this is the best time to pay regularly into a pension - your getting more for your money in the long term. Unless your 5 years from retirement this is a great time to pay regular premiums into your pension.
What next time, buy because it's more expensive? Timing the market in a nutshell
I just feel dumb because I bought it as it was cheap and did not read any news stuff mainly around Saudi, I know you cannot play the market
I know the divi is good so I will be fine
You could wait for the bounce, say 300p and just sell for a slight loss. You still come out on top if you were to wait 6 months and rebuy at 200p
The flashpoints are overvaluations and too much money sloshing about, IPO's over the last couple of years are a prime example of that. Uber, doesn't make any profit, yet valued at £45 a share at opening. Tesla another one, goes to $1000 off the back of nothing pretty much.
It's non sensical. Interest rates being so low for so long creates a culture where debt is so cheap that people get lazy and don't do the due process. The whole point of debt is so it can be paid back at some point. Debt is borrowing from your future self. It's so far from that though, debt which will not be paid back in the future, only used for short term gain.
It seems evident to me that the likely solution will be disastrous though?
Surely it can't be propped up forever.
Absolutely. This is why i've said to you about the conservatives after 08. Leveraging yourself further when already in the hole. It doesn't solve the problems. We need the rubbish debt to written off correctly. The people that took on that rubbish debt to learn a lesson and be more sensible in the future, rather than not being concerned about wether the debt can be paid back
It would be painful but in 20 years time, the whole economic scene would be far clearer and stronger for it.
I would set a sell limit order up. Get rid of the shares at 300p.
Wait 6/12 months for this to blow over and repurchase.
Although i'd be careful of the traditional dirty stocks, we're moving into a new world of investing.
Check ESG and what that entails..
It was the main talking point at Davos.