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fund advice
Comments
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SJP are not IFAs. They are tied/multi-tie.
Why do you see the markets going down? They are already priced on the basis of recession. Its only news that was not expected or if its worse than predicted that will see markets fall back further. Markets tend to act 6 months or so in advance. They also tend to go up too much in good times and down too much in bad. It may be worth changing your reading material.
Whilst there are no guarantees, you shouldnt taken action on expected news thinking it will get worse when expected news will be priced in already. Its the unknown that causes the volatility.
er lets see. world wide recession with millions unemployed, countries virtually bankrupt (including UK and USA), banks penniless (with bad debt thats still unquantifiable), companies going to the wall every day, the emerging markets hitting the buffers, commodity prices collapsed, house repossessions rocketing rtc.
whats your alternative positive news that will see a major correction?
and what "reading material" is stating this?0 -
Dooooooooooooooonut wrote: »Ignore duston, he hasn't lived through a depression before.
No. I doubt there are many posters here who will remember the 1930s. However, I have been through a few recessions.er lets see. world wide recession with millions unemployed, countries virtually bankrupt (including UK and USA), banks penniless (with bad debt thats still unquantifiable), companies going to the wall every day, the emerging markets hitting the buffers, commodity prices collapsed, house repossessions rocketing rtc.
Yes. All of which is known about and predicted and priced in. Its the unknown you have to fear. Not the known.whats your alternative positive news that will see a major correction?
This doesnt go on forever and some time it will bottom out. You will see a recovery in the markets long before you see green shoots.and what "reading material" is stating this?
Not the Daily Mail.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
i could answer your questions but based on what you have said so far there is no point.
Yep, your ticking all the boxes Westy, quite happy until things dont go your way. You havent answered as you cant without making yourself look stupid.
Dont post on these forums if you cant cope with anybody not backing you 100% . Its amazing you choose to ignore with the professionals while taking comfort from the likes of hedger, who would appear to not even understand the status of his adviser , let alone investing.0 -
Yep, your ticking all the boxes Westy, quite happy until things dont go your way. You havent answered as you cant without making yourself look stupid.
Dont post on these forums if you cant cope with anybody not backing you 100% . Its amazing you choose to ignore with the professionals while taking comfort from the likes of hedger, who would appear to not even understand the status of his adviser , let alone investing.
yo whiteflag I am not professing to be any sort of expert or investment whizzkid :mad: by the way I do know the status of my advisor ya clampet. More importantly I know that I am £40k down (after investment with so called experts) and was simply offering some sympathy to westy and my view we have further to fall (if you can prove otherwise you will become a very rich man). people are genuinely worried about their money0 -
You need to forget about the money that has been lost and start again
Thats the best advice on 'ere.
The biggest mistake (other than the other biggest mistakes
) amateur investors make is to look back rather than look forward. 'In nature, there are neither rewards nor punishments - there are Consequences.'0 -
yo whiteflag I am not professing to be any sort of expert or investment whizzkid :mad: by the way I do know the status of my advisor ya clampet. More importantly I know that I am £40k down (after investment with so called experts) and was simply offering some sympathy to westy and my view we have further to fall (if you can prove otherwise you will become a very rich man). so stop being a jumped up pompous !!!!!!. people are genuinely worried about their money
Can this please get back to a serious discussion without the need for personal abuse as highlighted above in redLiquidity is when you look at your investment portfolio and **** your pants0 -
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Dooooooooooooooonut wrote: »As if an IFA wil be any better at predicting the future!
Some have very sophisticated cashflow forecasting systems which at least help them and their clients see into the future.
Got to be better than guessing the future because as you rightly point out dnut, nobody is very good at that.0 -
Dooooooooooooooonut wrote: »I'm sure they're very 'sophisticated'... very sophist too...
could you produce a lifetime cashflow for me assuming I live to 100?0
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