UK Stockmarket 2009 and beyond

StevieJ

cloud_dog wrote: »

My focus is very much resource biased but....

Whilst I think (from my perspective) stocks (and commodities) may take a short breather nowish, I think they will then continue rising until..... they drop. Its at this point that I will be looking to take some money off the table.

But, as always, its a wait and see.

At least if you want to cash some in now it will get rid of some of those capital gains.

cloud_dog

StevieJ wrote: »

At least if you want to cash some in now it will get rid of some of those capital gains.

Nope, they're mostly in my / my OH ISA.

For me this is one of the big pluses of an ISA, I save a load of time each year by not having to work out if I owe the tax man any extra income or CGT.

sabretoothtigger

Ivader there really isnt any safe place. If you sell 60% of your equities then I presume you have invested in sterling currency and this has risk whether we like it or not.

Keep looking for something you like with good long term prospects. Its better to own then be owed

Check your wallet for a banknote, read what it says on it then decide where you'd like to be

lvader

sabretoothtigger wrote: »

Ivader there really isnt any safe place. If you sell 60% of your equities then I presume you have invested in sterling currency and this has risk whether we like it or not.

Keep looking for something you like with good long term prospects. Its better to own then be owed

Check your wallet for a banknote, read what it says on it then decide where you'd like to be

It should be safe enough for now, It's in a fixed interest fund that has never seen a loss YoY. The main thing is to get passed the general election. At some point this year we will see a 10% or more correction and I'll buy again.

StevieJ

cloud_dog wrote: »

Nope, they're mostly in my / my OH ISA.

For me this is one of the big pluses of an ISA, I save a load of time each year by not having to work out if I owe the tax man any extra income or CGT.

But if the market takes a fall from its heady heights you could actually gain as well, then again?

tonygee_3

Miners taking a beating,that HOC dropped 7% off recent high,good trading share but careful holding these they could fall back quickly.Multibagging days over(unless they collapse)better to trade the ups/downs could make 20% a week

Never thought of diversifying,cloud, all eggs in 1 basket?

StevieJ

S&P closes above 1150.

cloud_dog

StevieJ wrote: »

But if the market takes a fall from its heady heights you could actually gain as well, then again?

It is possible (probable) that the markets will (are) taking a breather heading slightly lower.

Having said that I expect this to be short term and am unlikely to reduce my exposure due to this 'breather'. I am likely to take the opposite view and complete my investments to be fully invested.

Time will tell

cloud_dog

tonygee wrote: »

Never thought of diversifying,cloud, all eggs in 1 basket?

Go with what you know, thats what I say

I like resource based stocks, they are easy to understand where they are in their life cycle, what their value could (should) be, how they compare to their peers, what the price action is of their chosen resource, etc, etc.

I used to hold diverse investments but over the years have settled on this. It works for me but is high risk.

cloud_dog

TT / STT - Any views on the next moves for the US$. Is it nearing a top and a possible break down to $78ish????

TIA