FTSE taking a bashing today

Thrugelmir

chucky wrote: »

http://www.moneyweek.com/investment-advice/markets-will-fall-further-but-some-stocks-look-cheap-14647.aspx

So I wouldn't be buying into any index trackers right now. But that said, a falling market drags down all stocks – not just the ones that deserve it. That's left some of the more defensive stocks that we're generally keen on looking very attractive right now.

So this could be a good chance to top up on some decent, high-yielding blue chip stocks if you haven't already. Among the oil majors, BP (LSE:BP) is yielding more than 7.5% just now, while Royal Dutch Shell (LSE:RDSA) is on more than 6%. And big pharma looks attractive too. GlaxoSmithKline (LSE:GSK) is yielding around 5.4%, while AstraZeneca (LSE:AZN) is yielding around 5.7%.

as an example there is money to made from the FTSE - just stay away from trackers!
not sure about his comments about GlaxoSmithKline and AstraZeneca with Obama around...

ps. the author is an anti-bank doom person...

Trouble with stocks such as Royal Dutch Shell is that they may have to cut the dividend to fund the pension scheme deficit. So although the yield is attractive now, there might be bad news around the corner.

StevieJ

Thrugelmir wrote: »

Trouble with stocks such as Royal Dutch Shell is that they may have to cut the dividend to fund the pension scheme deficit. So although the yield is attractive now, there might be bad news around the corner.

That would be the Dutch fund, the UK fund very wisely reduced equity exposure from 75% to 50% around June 2007.

StevieJ

Glad I didn't jump into the Gold bubble last week :eek:

chucky

StevieJ wrote: »

Glad I didn't jump into the Gold bubble last week :eek:

yes - they'll be quite a few upset people on HPC.co.uk, shame...

Wookster

ad44downey wrote: »

Some city sage predicted a few months ago that the FT-SE 100 would sink to the 2,000 level. Many scoffed at his view. Could he be right?

My bet is 2300-2500

sabretoothtigger

chucky wrote: »

yes - they'll be quite a few upset people on HPC.co.uk, shame...

Gold is more liquid then housing so less predictable I would expect. Hopefully they are treating gold as a long term risk in the same way

If I had been in the right selling for a nice price I would not then double my bet up tbh

chucky

sabretoothtigger wrote: »

Gold is more liquid then housing so less predictable I would expect. Hopefully they are treating gold as a long term risk in the same way

If I had been in the right selling for a nice price I would not then double my bet up tbh

i was teasing - i don't know about the fundamentals linked to investing in gold.
over the last 12 months it's definetly had some good price movements.

i don't know enough about it to say it's a good thing to invest as it has many different drivers.

StevieJ

chucky wrote: »

i was teasing - i don't know about the fundamentals linked to investing in gold.
over the last 12 months it's definetly had some good price movements.

i don't know enough about it to say it's a good thing to invest as it has many different drivers.

I must admit with all that has happened, I would have expected Gold to have passed the USD 2000 by now, being the perceived safe haven asset, I suppose UK holders have gained from USD pricing as well.

chucky

StevieJ wrote: »

I must admit with all that has happened, I would have expected Gold to have passed the USD 2000 by now, being the perceived safe haven asset, I suppose UK holders have gained from USD pricing as well.

from what i've read and understood - the US Government manipulates this price for it not to increase.

it was actually on HPC.co.uk (from a number of posters) that i read it on

sabretoothtigger

The money they are printing has to filter down through the system for extreme price movements in gold I think.

At the moment its all held up, as soon as the banks start lending and things appear to maybe be getting better that is maybe when the dam will break because the money was falsely produced I suppose.

Wont pretend I understand it really but its not simple or straightforward.
In order for the worst to actually occur it would probably be pre-empted by a false dawn before a total eclipse.

Like if you remember Sept 14th I think it was, a big stock surge and then a terrible fall. Fake movements like that are what I would expect before gold at 2000 or 5000 like schiff and friends say

Overall Im expecting some good news tbh








http://research.stlouisfed.org/


http://seekingalpha.com/article/108981-inflation-not-deflation-is-our-ultimate-problem


http://en.wikipedia.org/wiki/M4_money_supply#United_Kingdom

http://savecapitalism.wordpress.com/2009/02/01/the-amateur-economist-at-work-m1-money-supply/

chucky wrote: »

the US Government manipulates this price for it not to increase.

Funny I assumed the oppisite