The FTSE

[marco]

you all know Gold is the way forward

 

[SVP]

Closing the day 6462!!

Anyone with shares in cruse ships or planes could have taken a hammering.

Dare not look at my RBS shares.

But fir anyone with balls surely the FTSE will hit 8000 within 3 years once this has all passed so I make that a 20 percent growth factor over that period.

Great time to lump in.

why lump into a shit bank when we are going into a recession? Will need bailing out again but current equity probably worthless.

 

[Tuearts right boot]

you all know Gold is the way forward

..and/or property

 

[aguero93:20]

..and/or property

Property will crash once enough people have been killed by the virus. Supply v demand.

 

[Millwallawayveteran1988]

Seen well over 10% wiped off my pension fund in the past 10 days or so and I think it could drop a lot more yet.

mine too.

 

[KS55]

Took a hammering in the crash, recovered by sitting tight, now a virus fucks me again! No time to recover now as I am on my way out! Hard luck, kids. Sit tight if you can, everything comes to he who waits.

 

[Ifwecouldjust.......]

Seen well over 10% wiped off my pension fund in the past 10 days or so and I think it could drop a lot more yet.

I moved mine out of investments and into a cash fund (guaranteed not to drop below its current level / no fees ) the moment we dropped out of the Eu .

Other than the one which is a guaranteed annuity rate.

 

[Tuearts right boot]

Property will crash once enough people have been killed by the virus. Supply v demand.

Yeah but but but...those who have been taken to the cleaners on the stock market may want to hedge their bets in property...supply and demand and bingo...we have a housing boom.

 

[dickie davies]

I'm looking at retirement in around five years, so this slump and Brexit nerves shouldn't affect me
In five years we'll be back on the up and up

Positivity for the longer term is what we should be talking about

 

[halfmist]

Property will crash once enough people have been killed by the virus. Supply v demand.

Are you the guy who used to stand on the Kippax Car Park wearing a placard which said. THE END IS NIGH

 

[aguero93:20]

Are you the guy who used to stand on the Kippax Car Park wearing a placard which said. THE END IS NIGH

Nope. I like him though.

 

[dickie davies]

As a matter of interest, if the stock market is very buoyant 12 months before my ideal target retirement date, can I transfer the stocks and shares investment money into a potentially safer fund like gold?
We all know what an unforeseen event such as a large terrorist attack or a super flu bug does in the short term

 

[Millwallawayveteran1988]

As a matter of interest, if the stock market is very buoyant 12 months before my ideal target retirement date, can I transfer the stocks and shares investment money into a potentially safer fund like gold?
We all know what an unforeseen event such as a large terrorist attack or a super flu bug does in the short term

Whoever you are with will have a range of funds in which you can invest. Unless you are invested on a platform, Gold is unlikely to be one of them.

 

[manchester blue]

Closing the day 6462!!

Anyone with shares in cruse ships or planes could have taken a hammering.

Dare not look at my RBS shares.

But fir anyone with balls surely the FTSE will hit 8000 within 3 years once this has all passed so I make that a 20 percent growth factor over that period.

Great time to lump in.

RBS have plummeted over the last month. I forget I had them as I’d not had a dividend for years and it was only the cheque coming that reminded me. So I paid £70 to get a copy of the certificate and that’s when they started falling.

I’ve lost thousands on Centrica. I daren’t tell my mrs how much but hoping that Conn goes sooner rather than later and they seriously restructure. Thankfully Corbyn didn’t get in to ruin them even more.

Yesterday I transferred my pension out. Significant amounts. Bit nervous about it but as you it’s a good time to invest and I don’t plan on touching it for years unless the pound improves on the Euro and I might buy abroad.

 

[Wafty Cranker]

As a matter of interest, if the stock market is very buoyant 12 months before my ideal target retirement date, can I transfer the stocks and shares investment money into a potentially safer fund like gold?
We all know what an unforeseen event such as a large terrorist attack or a super flu bug does in the short term

I assume you're talking about your pension. If so you'll be able to. I have a few pensions as I moved jobs a bit earlier in my career, one of them automatically reduces the exposure to risk the closer you get to your retirement age.

Also, gold is seen as a safe haven at times like now, hence it's price rise, but it's also volatile. Look at the 52 week trading range on gold vs the FTSE 100. Percentage wise gold has moved considerably more. I personally wouldn't move from stocks & shares to gold if I was trying to avoid price fluctuations.

 

[Two Gun Bob]

Broke the 6,000 quicker than expected with a morning low of 5,891.

 

[west didsblue]

Down another 6% today. Could be time to lump in. There should be quite a few bargains at the moment, although I think I might hold off a few days. As soon as there's some certainty on Coronavirus (even if it's very bad) things should start to recover. The market hates uncertainty.

 

[Gareth Barry Conlon]

Lumping in at some point will no doubt be a good call - the question is when. The markets were possibly significantly overvalued before this all kicked off. And central Banks and governments are poorly positioned to deal with it.

https://forums.bluemoon-mcfc.co.uk/threads/the-next-recession.342890/

 

[flook]

10% off S&S ISA so far, lumping in time is april when the new fiscal year starts, assuming we're still alive and functioning as a society of course

 

[somethingelse]

Might have to suspend the markets if this gets much worse, shut them down for a few weeks