The FTSE

  • Thread starter Thread starter worsleyweb
  • Start date Start date
Gold is now over $3000 an ounce and with Trump doing his best to trash the world economy I don’t think it will be going down any time soon.
I’m invested in a company (GGP) that’s evolved from explorer to producer, and I’m up over 80% in the last year or so. I’ve no intention of selling any time soon as I believe it’s got a long way to go up still. Worth a look but like any investment you need to DYOR.
Ive got some shares in GGP bought at just under 12p so still in the red,but the recent news looks very promising .
 
ISA down 9.6% in 7 weeks, somebody shoot the fucker for gods sake
My pension is the same, gutted after covid and Ukraine also battered my pensions. Was going well until Trump started opening his mouth. It'll have a big impact in the USA too
 
Gold is now over $3000 an ounce and with Trump doing his best to trash the world economy I don’t think it will be going down any time soon.
I’m invested in a company (GGP) that’s evolved from explorer to producer, and I’m up over 80% in the last year or so. I’ve no intention of selling any time soon as I believe it’s got a long way to go up still. Worth a look but like any investment you need to DYOR.
I was reading an LSE board late 2019 and the talk around GGP was massive, I made a small investment via trading 212 and the share price went from about 1.6 to 33 over the course of a few months, couldn’t believe it, I sold with a very nice profit. Like you say though it’s always best to DYOR.
 
A good time to invest. Buy at the bottom. Not helpful to us who still have investments; just have to ‘ride out’ the storm. Things will pick up - they always do. Just a matter of time. Things had just starting looking up again after the Ukraine ‘dip’.
 
A good time to invest. Buy at the bottom. Not helpful to us who still have investments; just have to ‘ride out’ the storm. Things will pick up - they always do. Just a matter of time. Things had just starting looking up again after the Ukraine ‘dip’.
The problem with this "dip" is no fucker has a clue where the bottom is
 
A good time to invest. Buy at the bottom. Not helpful to us who still have investments; just have to ‘ride out’ the storm. Things will pick up - they always do. Just a matter of time. Things had just starting looking up again after the Ukraine ‘dip’.
And for those like myself who were looking to move funds into more stable policies as retirement is 12/18 months away, we've just been hit massively
 
For a bit of perspective...


Interesting stuff. I also pay alot of attention to the Meaningful Money site. I've just had a chat with my IFA and the consensus is to do little. But I'm lucky that I have 2 years' worth sitting in a cash fund earning +5% so no need to drawdown on "distressed" funds.
 
I feel like this should be in the political section in light of recent events.

The sell-off in the UK's largest stock index has intensified this morning, with the FTSE 100 down more than 3.5%.

Banks, including NatWest and HSBC, are the hardest hit, falling 7% and 6% respectively.

Traders are dumping stocks as fears about the economic impact of Donald Trump's tariffs spread through global markets.
 
Interesting stuff. I also pay alot of attention to the Meaningful Money site. I've just had a chat with my IFA and the consensus is to do little. But I'm lucky that I have 2 years' worth sitting in a cash fund earning +5% so no need to drawdown on "distressed" funds.
You’re not lucky, you have quite sensibly planned correctly to mitigate events like this.
 
You’re not lucky, you have quite sensibly planned correctly to mitigate events like this.
Thanks. But it was done because I got cold feet over Israel/Iran and the threat to global trade because of a threat to the Straits of Hormuz.

QQ: 2 trillion "lost" yesterday-where has the money actually gone??
 

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