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journolud
Well-Known Member
I don’t have much exposure to UK equities and have seen yet another sharp fall today. I’ve become very passive about it all given how bad things have been but do wonder what is behind today’s dipAbsolutely nothing to do with him. I know it’s the FTSE topic but it’s widely regarded as investment topic worldwide and practically every market has bombed today.
Stick to the politics forum for your issues with the PM and I’ll save my thoughts on where it would be with the Corbyn/Abbott dream team ;)
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manchester blue
Guest
S&P down 4% today. Staggering. Year low.I don’t have much exposure to UK equities and have seen yet another sharp fall today. I’ve become very passive about it all given how bad things have been but do wonder what is behind today’s dip
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worsleyweb
Guest
I have had a great run on shares last 3 years through total luck and a few good gut feels. think it has run out. Bought Boo Hoo shares at scale 3 days ago! Down 20 percent since.
Gareth Barry Conlon
Well-Known Member
- Joined
- 5 Sep 2014
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Buy the dip.I have had a great run on shares last 3 years through total luck and a few good gut feels. think it has run out. Bought Boo Hoo shares at scale 3 days ago! Down 20 percent since.
Tumbling today after Base Rate rise to 1.25%. Could end up 2% before the end of the year, and I wonder how long until it starts knocking about 6% again? The housing market set to decline, and a lot of people fucked in about 4 years time, especially the Help to Buy equity loan mob.
Gareth Barry Conlon
Well-Known Member
- Joined
- 5 Sep 2014
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- 14,725
Girl in work was looking at houses yesterday. She has been talking to the agents and they are confident they can sell her house within a few days. So housing market still crazy.Tumbling today after Base Rate rise to 1.25%. Could end up 2% before the end of the year, and I wonder how long until it starts knocking about 6% again? The housing market set to decline, and a lot of people fucked in about 4 years time, especially the Help to Buy equity loan mob.
Interest rates are heading steadily up so at some point it will have to bite.
Yeah, demand is still unbelievable and prices still rising it seems. If it is 1.75% in 12 weeks then a different story.Girl in work was looking at houses yesterday. She has been talking to the agents and they are confident they can sell her house within a few days. So housing market still crazy.
Interest rates are heading steadily up so at some point it will have to bite.
Gareth Barry Conlon
Well-Known Member
- Joined
- 5 Sep 2014
- Messages
- 14,725
I guess in the overall scheme of things 1% extra interest is not a big deal for mortgage borrowers.Yeah, demand is still unbelievable and prices still rising it seems. If it is 1.75% in 12 weeks then a different story.