What shares are you buying now - if any?

[BR14]

I'm buying Andrex and cushelle.

[scooterscot]

The magic money tree!

Great - now we can have a proper crash.





Coronavirus: Emergency cash to help businesses and operations delayed

All non-urgent operations in England will be postponed from 15 April to free up 30,000 beds to help tackle coronavirus, NHS England has said.

The emergency policy will be in place for at least three months.


It comes as a further 14 people in England have died with the virus, as well as one each from Scotland and Wales, taking the UK death toll to 71.


And Chancellor Rishi Sunak has unveiled government-backed loans worth £330bn to prop up the UK economy.


"Never in peacetime have we faced an economic fight like this one," he said at a Downing Street press conference, as he unveiled an "unprecedented package" of measures to ease the financial burdens caused by the virus.


The £330bn in loans - equivalent to 15% of GDP - are designed to help businesses pay for supplies, rent and salaries, the chancellor said.


Other measures to be put in place include extended business rates relief and a three-month mortgage holiday for people in financial difficulty as a result of the virus.


"We must act like any wartime government and do whatever it takes to support our economy," Prime Minister Boris Johnson said.

[caffeine man]

Businesses that people still need e.g telecoms ; BT,

Companies that will still do well, gold miners: Fresnillo, Hochschild


Sent from my iPhone using Contractor UK Forum

[Whorty]

I had my isa across various index funds and panic sold them all yesterday at about 30% down

So don't worry guys now i've done that the market will fire back on all cylinders you'll be fine

Nooooooooo - wrong time to sell. These losses are only on paper, and you only consolidate them when you cash in. Just sit tight, buy more if you can, and wait for the market to rise again as it always does.

[Whorty]

From their own website:

"We are one of leading marketers of physical commodities."

What we do

Tell me you understand that just because Glencoe trade in commodities, when you guy their shares you are not actually buying the commodities yourself?

Buying GLEN doesn't make you a commodities trader; you're just an equity trader.

Buying coffee, steel, bog roll, makes you a commodities trader.

You draw a nice graph fella, but I do worry that you're convincing others on here that you know what you're talking about, and getting them to follow your lead. It's a dangerous game when you're unsure yourself what you're doing.

[scooterscot]

I says get out of equities, get exposure to commodities... can’t you read??

[scooterscot]

Just sit tight, buy more if you can, and wait for the market to rise again as it always does.

Because this time it’s different.

[Cirrus]

I do worry that you're convincing others on here that you know what you're talking about.

[Andy2]

I says get out of equities, get exposure to commodities... can’t you read??

i hope you are joking

[Whorty]

I says get out of equities, get exposure to commodities... can’t you read??

But you're not .... you're saying buy shares (equity) in companies that trade in commodities.

That is not getting out of equities. That is staying in equities, but just in one sector, thus putting all your eggs (are they a commodity?) in one basket.

Getting into commodities would be buying the actual commodity, not the equity of a commodity company.

You can keep squirming, but it's very clear.