• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

stock market crash

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #id
    Originally posted by AtW View Post
    Deal might make Sterling too strong
    It will. That's why I pulled out of US stocks a few weeks ago and wouldn't take on too much exposure to the FTSE 100 - it moves pretty mechanically with Sterling given the international makeup, unless there are other strong factors on a given day. I wouldn't expect a major boom in the FTSE 100 with a deal (would be an awkward trade-off between relief and Sterling), but certainly domestically focused stocks (assuming you believe there will be a deal).

    Comment


      #id
      Bring on no deal, which is the best deal!!!

      Comment


        #id
        Originally posted by AtW View Post
        Bring on no deal, which is the best deal!!!
        Would be good for USD billings

        Comment


          #id
          Originally posted by jamesbrown View Post
          Would be good for USD billings
          And EUR...

          Comment


            #id
            Originally posted by AtW View Post
            And EUR...
            Amen.

            Comment


              #id
              Originally posted by jamesbrown View Post
              It will. That's why I pulled out of US stocks a few weeks ago and wouldn't take on too much exposure to the FTSE 100 - it moves pretty mechanically with Sterling given the international makeup, unless there are other strong factors on a given day. I wouldn't expect a major boom in the FTSE 100 with a deal (would be an awkward trade-off between relief and Sterling), but certainly domestically focused stocks (assuming you believe there will be a deal).
              My ISA is shared across UK, EU, US and Asia funds and I'm hoping they all recover to pre 2020 levels within the next 2 years (and I bought in when FTSE was c.5400 level). To be held for 15+ years at least (until retirement when I'll start drawing down).

              It's what us day traders do

              Now up over £30k this year
              I am what I drink, and I'm a bitter man

              Comment


                #id
                Originally posted by Whorty View Post
                My ISA is shared across UK, EU, US and Asia funds and I'm hoping they all recover to pre 2020 levels within the next 2 years (and I bought in when FTSE was c.5400 level). To be held for 15+ years at least (until retirement when I'll start drawing down).

                It's what us day traders do

                Now up over £30k this year


                Can't really lose as a long-term investment. Which reminds me, I need to punt 160k into my SIPP before they remove the pension carry forward in April (I speculate)...

                Comment


                  #id
                  Originally posted by Whorty View Post
                  My ISA is shared across UK, EU, US and Asia funds and I'm hoping they all recover to pre 2020 levels within the next 2 years (and I bought in when FTSE was c.5400 level). To be held for 15+ years at least (until retirement when I'll start drawing down).

                  It's what us day traders do

                  Now up over £30k this year
                  Impressive if your portfolio is 100k, not so much if it is 1M.

                  Comment


                    #id
                    Originally posted by clearedforlanding View Post
                    Impressive if your portfolio is 100k, not so much if it is 1M.
                    It would have been if he had invested into AMD...

                    Comment


                      #id
                      Originally posted by clearedforlanding View Post
                      Impressive if your portfolio is 100k, not so much if it is 1M.
                      If my portfolio was £1m, do you think I'd be on here wibbling a crock of shyte all day?

                      Returns are about 20% in total. Which for a simple, hands off long term savings pot is nice Going forward, anything near 5% per year would be nice as it beats inflation.
                      I am what I drink, and I'm a bitter man

                      Comment

                      Working...
                      X