The FTSE

Discussion in 'Off Topic' started by worsleyweb, 6 Mar 2020.

  1. aguero93:20

    aguero93:20

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    Nope. I like him though.
     
  2. dickie davies

    dickie davies

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    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
     
  3. Millwallawayveteran1988

    Millwallawayveteran1988

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    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.
     

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  4. manchester blue

    manchester blue

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    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.
     
  5. Wafty Cranker

    Wafty Cranker

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

    west didsblue

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    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.
     
  8. Gaudion M

    Gaudion M

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  9. flook

    flook

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    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
     
  10. somethingelse

    somethingelse

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

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