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I'd quite like it to drop below 5000. I have over £50k sitting in a cash ISA that I'd like to put into FTSE fund but hoping it goes a bit lower before I purchase. Anything I put in to FTSE ISA will sit there for 10-20 years so whatever I 'lose' this year or next will come back (and drop, and go up again multiple times) over the long term.
Sure someone said something similar in 1987 Japan
How's your 24% doing?
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
To be honest, I split between FTSE and EU shares excluding FTSE - I'm with Vanguard too - The FTSE one is the actively managed one rather than simple tracker.
I struggle to justify putting my money into the US and support Trump, however tiny.
Euro is going to surge in value over the coming years against the dollar and the pound. Can you put prejudice aside, that's the real question...
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
So what's the general consesus on what's going on and the short to medium future?
Please, scooty, don't bother replying.
Just had a cuppa, the tea leaves suggest November will be the low point with a Santa rally to finish the year, before a crash leading in to April where a proper recovery will occur. *
*PG tips was used instead of Earl Grey for this fortune telling.
Last edited by BlueSharp; 4 September 2020, 15:13.
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