stock market crash

[scooterscot]

You need a strategy that means you SURVIVE in all cases. That is my exact strategy

But it's cost me a fortune in stamp duty and trading fees by changing how much goes in each pot by the day.

Depends on the size of the portfolio you're working with.

[BlasterBates]

A year is a long time for semi shutdown, I don't the UK can print money to prop things up for more than a few months. South Korea appear to have it sussed on telly last night but it was a BBC report

Indeed but the other problem is that if this isn't resolved that inflation takes off, and then all the cash on the sidelines will start to look like a bad idea.

No easy answer.

[rootsnall]

Depends on the size of the portfolio you're working with.

It's the stamp duty that is the killer and it's a percentage so bigger portfolio bigger cost

[rootsnall]

Indeed but the other problem is that if this isn't resolved that inflation takes off, and then all the cash on the sidelines will start to look like a bad idea.

No easy answer.

Sterling inflation if we print too much is a worry. I don't think you'll get dollar inflation for the foreseeable future.

[BlasterBates]

It's the stamp duty that is the killer and it's a percentage so bigger portfolio bigger cost

You need to avoid UK stocks and trade directly on the US or European exchanges.

[BlasterBates]

Sterling inflation if we print too much is a worry. I don't think you'll get dollar inflation for the foreseeable future.

Eonomists are warning about Inflation in the US as well. The US is also spending trillions.

Sterling has become more like an emerging market currency in recent years so somewhat more risky than the other reserve currencies.

[BlasterBates]

The FTSE seems to have problems getting through the 5800 support line.

We need some bad news.

[DimPrawn]

The FTSE seems to have problems getting through the 5800 support line.

We need some bad news.

Only good news here in the UK I'm afraid, sorry.

Britain's GBP69bn credit card debt pile falls year-on-year for the first time ever | Daily Mail Online
House prices 'unexpectedly' rose in April - and are above GBP220,000 | Daily Mail Online
Property valuations could restart soon as RICS prepares advice | Daily Mail Online
Seven in 10 tenants opt to stay put leading to biggest drop in rents on record | Daily Mail Online

[rootsnall]

Eonomists are warning about Inflation in the US as well. The US is also spending trillions.

Sterling has become more like an emerging market currency in recent years so somewhat more risky than the other reserve currencies.

You need scarce 'stuff' for inflation and with China open and loads of oil we will be awash with much cheapness. Sterling is up against the Euro, depends how much we bend the rules as to the health of sterling, we can't take the p*** as much as the yanks.

[Whorty]

You previously said you bought at 36p. Are you rewriting history again?

He also originally said he'd invested £10k then later said it was more.