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UK Stockmarket 2009 and beyond

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  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    We (us) might as well be fully invested!!! Just got the credit interest for 6 months on freeflow of lots of cash, £17. Its not worth holding cash at that miserable rate. Better to ride the humps and troughs with a good co and get around 6%+

    Its only when you see the actual amount that it hits you
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    Bad start to week,FTSE plummets below 4200
    DOW expected DOWN
    Miners,Pubcos and Financials hardest hit
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    Morning kittie,
    Agree Cash has limited appeal long term,although I have most of mine at 6,8,10% the 12% just finished
    But in these volatile times it offers opportunities of much greater gains
    Cash is still king
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    limited rate on cash held in a sipp tonygee. Outside cash has been spread all over the place to try and max rates

    re cash in the sipp: stock value has to fall at least 6% to make it worthwhile holding cash in there. Very unlikely imo
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    OH glad to hear that kittie,when you said you were 'fully invested 'I thought youde put youre last penny into the stocks:eek:
  • Rollinghome
    Rollinghome Posts: 2,731 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    kittie wrote: »
    re cash in the sipp: stock value has to fall at least 6% to make it worthwhile holding cash in there. Very unlikely imo

    Maybe, but FTSE has already lost 6% over the last 4 weeks.

    The poor rates offered for cash in SIPPs and ISAs is a major problem and may have kept a lot of small investors out of cash during the major falls last year.

    All the more reason to plan forward to maximise returns on cash outside SIPPs and ISAs. Like Tony I'm still getting a minimum of 6% on cash and will probably sit on my hands while I can.
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    tonygee wrote: »
    OH glad to hear that kittie,when you said you were 'fully invested 'I thought youde put youre last penny into the stocks:eek:

    lol Tonygee!!! Its all spread everywhere including dull as ditchwater ns&i index linked certs, which start maturing in autumn and I`ll be rolling over

    I sat down one day and had a good think about eggs and baskets. An awful lot of us forget to add in the family home, pension pot, cash, savings etc It can`t be all or nothing these days. Spreading it about makes you feel less seasick

    Todays summary from citywire
    http://www.citywire.co.uk/personal/-/news/markets-companies-and-funds/content.aspx?ID=348204&re=6090&ea=3040
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    tonygee wrote: »
    Bad start to week,FTSE plummets below 4200
    DOW expected DOWN
    Miners,Pubcos and Financials hardest hit


    Someone threw a pebble in the millpond, 1% down is not really worthy of 'plummet' imo
    Maybe I got too used to 10% up and down each day

    I noticed Hyder goes ex div on wed also and its up 3% and ved also goes ex but is down 5% as is aal which is still subject to bid speculation
  • tonygee_3
    tonygee_3 Posts: 432 Forumite
    Take youre point sabre,but another support broken and asides from US a lot of housebuilders updating this week.If that sector dissapoints we will no doubt continue downward
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    edited 6 July 2009 at 1:37PM
    I got mixed feelings, in one way nobody wants their assets to be worth less but also its an opportunity to get some cheaper priced returns as we enter earnings and dividend season.

    I really dont think we'll reach new lows now so I dont have a doomsday theory and we might come back soon enough from 4000 or whatever is the magic number this month


    I wish selftrade would hurry up and transfer my short etf so I can actually close it out if the market should spike down.
    The more ftse falls gradually like this the more spring loaded the market becomes for a proper market reversal upwards
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