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FTSE at 3700 and no winners.
Comments
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neverdespairgirl wrote: »How does the wedding dress fit?
lol, it fits a lot better now that I know your hubby is also wearing one. I do wish I had gotten out of the merket at 6000+ but like STTigger, I was too optimistic/greedy.
Surprisingly, had I stayed in the market until last night (as I really wish I had!!), I would have taken my pension pot right back to where it was when the market peaked at over 6000. Still, I'm happy with my small gains and will be back in the market as soon as the ftse is back under 4000.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Dithering_Dad wrote: »will be back in the market as soon as the ftse is back under 4000.
Somehow, I don't think you'll have long to wait!0 -
Somehow, I don't think you'll have long to wait!
This sort of thing is really going to hurt markets.Toyota Motor reported a 69 per cent plunge in quarterly net profit yesterday and warned it would barely make money in the second half of its fiscal year, owing to crumbling US vehicle sales and a debilitating surge in the yen.
The downturn at Japan’s biggest automaker was much sharper than analysts had expected and underlined the scale of the problems faced by the industry worldwide, as the credit crisis mutates into a potentially long-lasting economic slump.
If Toyota can't even make money at the moment then the business world is in a lot of trouble.0 -
Indeed. It is just disaster report after disaster report. There will be lots more to pick up on in the coming months. The markets are in free-fall. I'm only surprised they rallied as much as they did recently.
Even gold looks to be slumping back down after an expected bounce on the rate cuts.0 -
Shall we have another round of 'guess the bottom?'
I'm still sticking with 3500.Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
[strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!!
● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.730 -
Indeed. It is just disaster report after disaster report. There will be lots more to pick up on in the coming months. The markets are in free-fall. I'm only surprised they rallied as much as they did recently.
Even gold looks to be slumping back down after an expected bounce on the rate cuts.
FTSE down 5.44% on the day, so far
I think the "uh oh, just how bad are things anwyay?" factor is outweighing the "woo hoo, cheap cash to pump up investors" effect.--
Every pound less borrowed (to buy a house) is more than two pounds less to repay and more than three pounds less to earn, over the course of a typical mortgage.0 -
Toyota would be effected by currency fluctuations more then most I'd expect. Is 3500 a new low, Im not sure it'll go any lower then previously.
Sometimes the market is slow to react to good news and it filters in after, the rate drop was bigger then I expected anyhow0 -
Dithering_Dad wrote: »Shall we have another round of 'guess the bottom?'
I'm still sticking with 3500.
I will stick, we have already seen the bottom.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
sabretoothtigger wrote: »Toyota would be effected by currency fluctuations more then most I'd expect. Is 3500 a new low, Im not sure it'll go any lower then previously.
Sometimes the market is slow to react to good news and it filters in after, the rate drop was bigger then I expected anyhow
Those SL shares are very durable, I love them.'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
Cash is king and sl has 3 billion, which is nice
They cant outperform forever though are a great defensive share it seems.0
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