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Debate House Prices


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House prices may halve warns Vince Cable

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Comments

  • Kenny4315
    Kenny4315 Posts: 1,133 Forumite
    StevieJ wrote: »
    If you know what you are doing I agree but for Joe Public (or the plumber), the safe bet is LTBH overwise they end up buying high and selling low, thus financing your stock market investments.

    If they don't understand something why bother getting involved investing in it ??? Just put it somewhere safe. For example, my FA's where talking to me about repo's I said are they from this area, when they said they were not I said ... I'm not interested ... I want to invest in areas I understand well.

    Don't get a footballer to come and do your plumbing .... get a plumber.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Kenny4315 wrote: »
    If they don't understand something why bother getting involved investing in it ??? Just put it somewhere safe. For example, my FA's where talking to me about repo's I said are they from this area, when they said they were not I said ... I'm not interested ... I want to invest in areas I understand well.

    Don't get a footballer to come and do your plumbing .... get a plumber.

    Because a reasonably diversified portfolio will out perform cash over the long term, without dipping in and out.
    '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 Thatcher
  • Kenny4315
    Kenny4315 Posts: 1,133 Forumite
    StevieJ wrote: »
    Because a reasonably diversified portfolio will out perform cash over the long term, without dipping in and out.

    A FTSE 100 tracker is a reasonably diversified portfolio.

    http://investing.thisismoney.co.uk/companyresearch/50058/FTSE_100/company_charts.html

    As this graph since 1996 shows it is unwise to have a fixed time plan.

    Go to main setting and put ALL (instead of 6 months) and draw. Can't seem to get the link to work properly.

    28.7 % increase since 1996 to date
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    chart_image.cgi?finance_chart=1&&action=charts&chart%5Faction=chart%5Fdraw&chart%5Fmoving%5Faverage%5F1%5Ftype=none&chart%5Fmoving%5Faverage%5F2%5Ftype=none&chart%5Fmoving%5Faverage%5F3%5Ftype=none&chart%5Fprimary%5Fticker=UKX&chart%5Ftime%5Fperiod=ALL&co%5Fdimension%5Eheight=380&co%5Fdimension%5Ewidth=600&csi=50058&finance%5Fchart=1&fixed%5Fticker=1&id=50058&primary%5Fchart%5Ftype=stack%5Fline&security%5Fclassification%5Fid=100002&show%5Fmin%5Fmax%5Fpoints=1&co_dimension^width=600&hide_volume=&plot_colour=&canvas_colour=&&co_dimension^height=380
  • Kenny4315
    Kenny4315 Posts: 1,133 Forumite
    Conrad wrote: »
    WHAT IS YOUR TIMELINE FOR INVESTING GUYS:

    I'd like to double my current net assets position in the next 5 years.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Kenny4315 wrote: »
    A FTSE 100 tracker is a reasonably diversified portfolio.

    http://investing.thisismoney.co.uk/companyresearch/50058/FTSE_100/company_charts.html

    As this graph since 1996 shows it is unwise to have a fixed time plan.

    Go to main setting and put ALL (instead of 6 months) and draw. Can't seem to get the link to work properly.

    28.7 % increase since 1996 to date

    No it is not, a reasonably diverse portfolio would include. US, Europe, Emerging markets, Asia, plus Bonds and Property,Commodities and Cash. This would be periodically adjusted (re-balanced) to capture gains i.e. % adjusted to original split.
    '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 Thatcher
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Generali wrote: »
    chart_image.cgi?finance_chart=1&&action=charts&chart%5Faction=chart%5Fdraw&chart%5Fmoving%5Faverage%5F1%5Ftype=none&chart%5Fmoving%5Faverage%5F2%5Ftype=none&chart%5Fmoving%5Faverage%5F3%5Ftype=none&chart%5Fprimary%5Fticker=UKX&chart%5Ftime%5Fperiod=ALL&co%5Fdimension%5Eheight=380&co%5Fdimension%5Ewidth=600&csi=50058&finance%5Fchart=1&fixed%5Fticker=1&id=50058&primary%5Fchart%5Ftype=stack%5Fline&security%5Fclassification%5Fid=100002&show%5Fmin%5Fmax%5Fpoints=1&co_dimension^width=600&hide_volume=&plot_colour=&canvas_colour=&&co_dimension^height=380

    What about the dividends?
    '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 Thatcher
  • dopester
    dopester Posts: 4,890 Forumite
    You're off your rockers with all this BTL stuff.

    Property prices are just starting to undergo an epic crash, and now we have the Conservatives firing a shot against Labour and all this extra borrowing, which might trigger a big gilt sell-off, leave us stranded from the credit markets as a country, and decimate the pound --- so people who can make a difference are beginning to wake up to what is at risk with a load more borrowing / printing.
  • Kenny4315
    Kenny4315 Posts: 1,133 Forumite
    StevieJ wrote: »
    No it is not, a reasonably diverse portfolio would include. US, Europe, Emerging markets, Asia, plus Bonds and Property,Commodities and Cash. This would be periodically adjusted (re-balanced) to capture gains i.e. % adjusted to original split.

    I thought you wanted to keep it simple, I use indexes trackers as a simple and effective way to invest in market where I have reasonable control. I also have cash, property, etc. I want the control element not some useless fund manager who is paid to follow the lead.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Kenny4315 wrote: »
    I thought you wanted to keep it simple, I use indexes trackers as a simple and effective way to invest in market where I have reasonable control. I also have cash, property, etc. I want the control element not some useless fund manager who is paid to follow the lead.

    Most of the equity funds can be covered by trackers (I agree with you on the use of trackers), the others are worth paying a fund manager for (to facilitate diversity).
    '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 Thatcher
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