The FTSE

  • Thread starter Thread starter worsleyweb
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117 M34 said:
Mine is in a nutmeg stocks and shares isa.
I've got about 80% of the money in a 7/10 risk pot and 20% in a 6/10 pot.
They are made up of about 70/60% equities and 20/30% bonds and then 'other' makes up the rest.

They have lost about 9% since the start of the year.
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They invest in EFTs in everything across the world but I can't see a breakdown of any kind as to which markets.


Maybe you get better info if you start to open one. Probably not dissimilar to most medium to high risk S&S ISAs in theory but some will perform better than others, as I opened a new one in March very similar 23% Bonds, 75% Shares and 2% Cash, and it recovered in the last month. They make it hard to find exactly what is in them.
 
Manchester33 said:
Wow! What a scumbag!
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Hi mate, i didn’t sell at the top because most of the coins i had were locked for 21 days. Didn’t have to do that but was earning about a grand a week from having the coins staked so nearly all my mates had done the same. Once it was fucked there wasn’t really chance to get out in time. Got all my money back from it and made a bit of profit but nothing like i should have done.

Basically it was attacked, the founder has since admitted he got too overconfident ( as a lot of us did) and tried to make it too big too soon. We were happy to hold because if the stable coin had held its peg it would have been a coin that lots would have( and had started to) invested in during the bear market. It had held during all the previous dips.

After it’s collapse there were tons of rumours about what had happened. There was a weakness that was exposed at the perfect time to fuck it. The founder has always maintained his innocence but yes has had to go into hiding and has recently done a fair few interviews.

Basically it’s looking more and more like that Sam Bankman and FTX were behind it. The coin relaunched in about July i think and i sold what i could of then which was a bit of an unexpected bonus as i thought i wouldn’t get a penny more from it.

I’ve now got slightly less of the new coin(which was given to people who were staked at the time of the crash) than i held originally. That said coin is worth about $1.30 and this time last year the original coin was worth over $100. Been some year and not how i foresaw things playing out. Needless to say i’ve spent a bit less on my Christmas shopping this year! :)
 
In view of the events of the last 12 months I am surprised to see that on a straight comparison basis, including dividends received and retained within my portfolio, I am actually up by a touch over £500 in that period. I did it by getting rid of anything I didn't understand and instead just concentrated on a ftse ETF, buying in at the dips as observed in charts and confirmed by a couple of technical indicators.

I would be the last person to say that charts are reliable and can successfully indicate what will happen in the future but in a market environment where public psychology in mass numbers come into play, charts used correctly can indicate where both falls or rises have been overdone by mass buying or selling.
 
Things appear to be looking up, my S&S ISA is only 2.2% down on its december 21 value now :/
 
ganganvince said:
Strange how my pension pot isn't at an all time bloody high
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The FTSE-100 is doing particularly well at the moment. Most other indexes across the world are still quite a way off their peaks. It would be nice if the FTSE-100 was a reflection of the strength of the UK economy but unfortunately the biggest companies have most of their operations outside the UK and include two of the energy giants (Shell and BP) and one big pharmaceutical (AZ) that are doing particularly well. The FTMC which better represents the UK economy is around 15% off its peak. It's likely that your pension pot will be spread amongst many sectors, asset classes and geographies, most of which are not doing anywhere near as well as the FTSE-100.
 
ganganvince said:
Strange how my pension pot isn't at an all time bloody high
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You can't really extrapolate the performance of the 100 biggest companies in the UK and apply it to the entire stock market. If your pension was solely invested in the FTSE 100 that would be pretty mad.

The likelihood is that your pension is invested in tens of thousands of companies all over the world. That's a much more sensible thing to do, despite the recent comparison with the FTSE 100.
 
west didsblue said:
The FTSE-100 is doing particularly well at the moment. Most other indexes across the world are still quite a way off their peaks. It would be nice if the FTSE-100 was a reflection of the strength of the UK economy but unfortunately the biggest companies have most of their operations outside the UK and include two of the energy giants (Shell and BP) and one big pharmaceutical (AZ) that are doing particularly well. The FTMC which better represents the UK economy is around 15% off its peak. It's likely that your pension pot will be spread amongst many sectors, asset classes and geographies, most of which are not doing anywhere near as well as the FTSE-100.
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That’s a very useful post. I had wondered why my funds weren’t reflecting the FTSE rise. I don’t pay enough attention really, I hadn’t realised other indexes were lagging behind
 
journolud said:
That’s a very useful post. I had wondered why my funds weren’t reflecting the FTSE rise. I don’t pay enough attention really, I hadn’t realised other indexes were lagging behind
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Another thing to remember is that in any collective investment plan there are management fees to pay. Investments just don't happen. Someone has to research these Investments and is under pressure to perform. This research doesn't come cheap unfortunately.
 
journolud said:
That’s a very useful post. I had wondered why my funds weren’t reflecting the FTSE rise. I don’t pay enough attention really, I hadn’t realised other indexes were lagging behind
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If you didn’t know that, then I would suggest you need some advice to explain how it all works and to do a proper analysis of where you’re invested.
 
www.wsj.com

Four Biggest U.S. Banks Lose $52 Billion in Market Value

The four biggest U.S. banks lost $52 billion of market value Thursday, part of a broad rout across financial stocks. Bank investors were spooked by SVB Financial Group's [decision to sell a large chunk of its securities portfolio](https://www.wsj.com/articles/bond-losses-push-silicon-valley-bank-pa
www.wsj.com www.wsj.com


Does this mean we're all fucked?
 
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