Now Is Not The Time To Sell Your Stockmarket Investments

StevieJ

angelus wrote: »

I sold at 5700 and am glad i did. We have never had a credit crisis like this before so even 3200 may not be near the bottom. If things get worse with the banks it may take a heck of a lot longer for people to trust the banking system again than 5 years.

Oh no we have suddenly aquired the stock market equivilent of sell to rent, please Fxxx xxx

[Deleted User]

ad44downey wrote: »

Nice one Yant!, keep telling the funnies :rotfl::rotfl:

If Lloyds pulls out of the deal you'll get zero for hbos shares or
If the government nationalises the banks you'll get zero for hbos shares

Admittantly itll take a long time and things have changed in the dilutions/rights issues needed.

HBOS is too big to go bankrupt or nationalise as it would effectively cause a loss of confidence in sterling that would bankrupt the nation.

The cash you call king will be worthless so you will lose everything too.

master_ian

Comments on the low price share of our 2nd largest bank, RBS - 71.70/share...a decent pick for the long term investor now?

pjala

If you had sold hbos at £5, then bought back now, you would 5x as many - so anyone who says don't sell at £5 was giving rubbish advice...
If you aren't sleeping at night, if you can't stand the stress of the stockmarket, it really isn't worth the hassle - cash is liquid and useable - shares are not.

StevieJ

Yant1 wrote: »

Admittantly itll take a long time and things have changed in the dilutions/rights issues needed.

HBOS is too big to go bankrupt or nationalise as it would effectively cause a loss of confidence in sterling that would bankrupt the nation.

The cash you call king will be worthless so you will lose everything too.[/quote

Oh no, I thanked him. Why don't you just buy the bank that dodged the CDO crisis.
Standard Chartered.

[Deleted User]

Anyway there is more to the market then financials there are debt-free companys out there that make good profits if you look hard enough and there stock prices are taking big hits as the fearful sell up there investment funds.

master_ian

Which companies are those Yant?:D

[Deleted User]

master_ian

Well I cant see Tescos or 888 going bust. (this is opinion not advice to buy)

They are there you just need to look for them. I normally look at balance sheets and calculate key debt ratios such as the Z figure. Banks do this to and use this to work out which companies they are going to margin call, put into administration and strip for value.

pumpndump

Yant1 wrote: »

I have been hearing chaos as people rush to sell there investments at one of the lowest points in the stockmarket for a long time. Smacks of capitulation, we could be in for more next week with many pros looking for 3200-3500 on the FTSE100.

Dont do it, things are likely to get better in the next 20 days the next 6 months and might even fully recover in 2-5 years time.

Look at the long term charts these sort of valuations happen occasionally and as long as your not a forced seller can be looked at as a opportunity to top up or to simply sit tight and enjoy the ride.

Be happy, be prosperous :beer:

Now watch the doomsters join this thread and say that everything is now without value. :rotfl:

I am not long back from Canary Wharf via the pub. I do not drink, but I've had a skinful anyway. Between this last week and insanity the gods have placed alcohol and that chick from the Bangles, the one with the haunting contralto. I'm just chilling out. I don't want to know about equities. Do what the hell you like. Just don't all rush to buy/sell all at once.

sandy_beech_2

tell me if im being silly.
i know nothing about stocks and shares but i have been taking a closer look after this weeks crashes in the market. what my question is would i be stupid to invest £500 in RBS shares.i asked someone and they said they will prob get nationalised but i disagree i cant see one of the biggest banks go tits up.
thanks in advance for your comments