UK Stockmarket 2009 and beyond

sabretoothtigger

I was thinking GSK was long term undervalued, relatively. But there must be a reason for that, theres a medical review in america maybe and they have patents expiring

Better off with commodities, plain and simple


I got lucky on barclays, I accidentally put in two sell orders yesterday. I finally make a mistake in my favour
They've not fallen that much though - 2 weeks gains, might come back or be stable from here

[Deleted User]

tonygee wrote: »

Today FTSE falls as ARABS pull out of BARCLAYS

profit taking today after recent rises

[Deleted User]

I bought a good holding in GSK. Its one of those stocks that are good to hold in uncertain times. Rolling yield is 5.81 (the yield at the paid price now)

sabretoothtigger

I dont have the data for a dollar index but to exclude the whole gold thing from this 'real worth' argument or inflation, etc I compared the DOW in USD to DOW in GBP

GBP is real money to us so its a simple enough argument and should roughly equate to how much profit there is in investing in america for the average british punter

£6417.7 Sept 10th Dow ($11269)


£5102.9 Nov 20th Dow ($7552)


£6274.1 Jan 5th Dow ($9034)


£4744.2 Mar 9th Dow ($6547)


£5505.7 May 1st Dow ($8212)


£5311.7 June 1st Dow ($8729)

I might have done my sums wrong but it seems to show a 4% 'real' loss in the Dow over the last month and also on average british people should be better off investing on the ftse


http://uk.finance.yahoo.com/echarts?s=%5EDJI#chart5:symbol=^dji;range=1y;compare=gbpusd=x+^ftse;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=off;source=undefined




Americans will have lost 22.5% on the Dow since last September
British investors on the Dow will have lost 17.2% since last September (Dollar appreciated overall since sept but began losses recently)



A ratio chart would show it simpler (ie. usdgbp=x:^DJI)

tonygee_3

Why I stick with FTSE,companies I know,most are global anyhow
Investing abroad can be rewarding but youre exposed to currency movements and politics
GSK safehaven in ISA should gain few% plus divi,better than cash in bank.

tonygee_3

Barclays and HSBC historically poor savings rates, today their monthly saver 6% & 8% are market leaders!Perhaps they are a bit more desparate for cash than they let on?

sabretoothtigger

I dont think so especially because monthly savers have been giving good rates for years. The real catch is the effective interest is half the advertised rate, so in the above case its really 3% and 4%


Its how I invested in Bradford and Bingley to get my free shares, all the other accounts were shut to new people and this account gave something decent even in the late nineties



The HSBC 8% rate needs you to transfer a current account to them I think

Stavros_3

duck wrote: »

Well who would of anticipated for the markets to change and go up like there have been doing and dramatically.
Like i said even the housing markets are doing better
I believe the markets will still do better today and so on.

Down 29 points yesterday, down 66 at time of posting this. Anymore pearls of wisdom today Duck?

FATHEROFTWO_2

We may have seen the market peak in shares perhaps not corporate bonds but there again if Pm Brown resigns over the next week then it could give the market a boost for a while.

If not we may see the market gradually decline over the summer

tonygee_3

To be fair to the duck u cant judge the markets on a few days They may skyrocket next week!! My feeling is more sideways,yoyo for a few weeks
but at some point a 10%+ drop maybe AUGUST.Prob best to BUY something on PANIC cos no one has a crystal ball