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Debate House Prices
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Didn't last long.....
Comments
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It's a good time to buy stuff that gives a good dividend stream and should continue to do so. Beer companies, utilities, confectionary perhaps, fags maybe(??), big pharma(?).
Very much my thought, too. Beer, food are classic defensive stocks. Tesco has not dropped as much as the market, though, so that's all pobably reflected in market prices. How about GRG.L ?
Nothing building-related, though, at least not yet.No reliance should be placed on the above! Absolutely none, do you hear?0 -
Yeah Greggs could be a winner. Actually they're surprisingly good or at least less terrible than I fear when I've been in.
Stuff that has been highly regulated could be good too if Government is forced to scale back or if people start losing interest in enviromental issues because they're having problems keeping their home.
TEVA is an interesting outfit too* - an Israeli generic pharma company.
I have no connection financial or otherwise with TEVA.0 -
Dithering_Dad wrote: »If your gold was bought to hedge against financial calamity and not to make a profit then why do you not still have it? Or do you feel that the calamity is receeding and we're heading into better times?
Just confused because you're one of the most bearish people on this forum and so I assume you think there are worst times ahead (I believe you have said as much). If this is the case, and knowing that events seems to be changing on a very rapid basis, then it doesn't seem to make sense to dump your Gold just as things are really starting to get bad?
I understand that you can buy back in at a lower price, but if things are as bad with the economy as you constantly state, then the £ could be devalued before you get the chance to rush back to gold. Also, as the gold market is global, you might be asleep in your bed while the economy collapses and the gold price soars?
Of cause it was for a hedge and not for profit.;)
When he buys a house in the future he won't want to make a profit on that either.;)
Looks like that bear come out of the woods sharpish on that one.:D0 -
If the price is falling he can always repurchase when he feels it necessary, everything in between is a gain and correct judgement
Markets never go in 1 direction continually, if you've any confidence when it will switch then holding permanently isnt necessary0 -
sabretoothtigger wrote: »If the price is falling he can always repurchase when he feels it necessary, everything in between is a gain and correct judgement
Markets never go in 1 direction continually, if you've any confidence when it will switch then holding permanently isnt necessary
Risky policy for a hedge though? If you are holding it for the reasons previously stated by !!!!!!.0 -
I guess it depends how sharply it moves, its only risky while its in danger of reversing past the original point which you released it. Surely its more acceptable to let the hedge fall by when the market moves how you expect0
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I think because the hedge is against all markets colapsing so he/she would not be able to buy back.sabretoothtigger wrote: »I guess it depends how sharply it moves, its only risky while its in danger of reversing past the original point which you released it. Surely its more acceptable to let the hedge fall by when the market moves how you expect
That is why some of us found it was a bit odd to sell.
But perhaps he/she as now changed thier mind with the banking bailouts.
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FTSE currently down 4.5% on the day according to the BBC site. That followed the DOW closing slightly lower yesterday.
http://newsvote.bbc.co.uk/1/shared/fds/hi/business/market_data/overview/default.stm
Hmm, will they recover when the DOW opens or are we back to big drops only two days after a huge rescue package?
even though the market has probably risen more than it has fallen over the last few days it would have been a perfect oportunity for the original poster to post what actually has happened on the FTSE, rather than just highlight bad news on one particular day
i've used the exact same link that they have used... says it all really!!
http://newsvote.bbc.co.uk/2/shared/fds/hi/business/market_data/overview/default.stm
they then deny that they just post doom and gloom - here is the evidence0
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