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UK Stockmarket 2009 and beyond

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Comments

  • 70% gains on Lloyds

    Lloyds is very long term, I wouldnt want to sell all but I also expect set backs.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Hey SBT watcha doing in Saskatchewan, blasting out those oil sands?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Lloyds is very long term, I wouldnt want to sell all but I also expect set backs.

    Held Lloyds for almost two years now and in profit. I keep thinking I should sell some, but I've given up trying to time the market and I'm looking at it long term. A few times I've been tempted to sell to buy back in the last few months it has bounced back even stronger. So I'm just going to sit it out.

    The plan is for it to go towards a deposit on a flat in 5 - 10 years so I can afford to wait and take some dips on the chin!
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • lvader
    lvader Posts: 2,579 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 2 January 2013 at 6:41PM
    StevieJ wrote: »
    I think it is time to take a little risk off the table and create space for re-investment if the market were to fall off a little, later on.

    I normally would say the same at this stage, but it's only the fist trading day in January and the rush out of gilts and bonds has hardly started. But yes it's always good to have some cash available to buy the corrections.
  • grey_gym_sock
    grey_gym_sock Posts: 4,508 Forumite
    gadgetmind wrote: »
    I'd rather just diversify and chill TBH!

    i think i should stop looking at the markets for a month or 2 now ... :)
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    i think i should stop looking at the markets for a month or 2 now ... :)

    I'm going to try and do the same.

    Other than drip feeds, I won't have fresh cash until we get our new CGT allowances in April to let us flog some more of our IMG shares, so I don't really need any new ideas.

    I am however watching my bond ETFs rather carefully ...
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    The only reason I can see for todays rise is there must be a lot of QE money sitting on the sidelines waiting to invest and trying to time the markets. Any news can trigger a wave of buying. Markets could fall again when they realise these countries are still heading towards bankruptcy.
    Nothing has been solved. Like Britain, Spain, Greece, Portugal etc US National Debt is increasing at an unsustainable rate, so things cannot just carry on as before.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Masomnia wrote: »
    Held Lloyds for almost two years now and in profit. I keep thinking I should sell some, but I've given up trying to time the market and I'm looking at it long term. A few times I've been tempted to sell to buy back in the last few months it has bounced back even stronger. So I'm just going to sit it out.

    May start paying a dividend in 2014.
  • rockitup
    rockitup Posts: 677 Forumite
    Glen_Clark wrote: »
    The only reason I can see for todays rise is there must be a lot of QE money sitting on the sidelines waiting to invest and trying to time the markets. Any news can trigger a wave of buying. Markets could fall again when they realise these countries are still heading towards bankruptcy.
    Nothing has been solved. Like Britain, Spain, Greece, Portugal etc US National Debt is increasing at an unsustainable rate, so things cannot just carry on as before.

    I would have thought that he reasons for today's rise included the fiscal cliff vote, first trading day of month (for US 401K Pension contributions) and the monthly $80 bn for the QE you mentioned.

    Like you said though, I too wonder how long the markets can stay at these levels... Next big hit will be U.S. again - reaching the debt ceiling of $16.34 Trn. Suppose this will be raise again and again and reach 18 or 19 Trn by the time B.O. leaves the white house.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    rockitup wrote: »
    I would have thought that he reasons for today's rise included the fiscal cliff vote, first trading day of month (for US 401K Pension contributions) and the monthly $80 bn for the QE you mentioned.

    Like you said though, I too wonder how long the markets can stay at these levels... Next big hit will be U.S. again - reaching the debt ceiling of $16.34 Trn. Suppose this will be raise again and again and reach 18 or 19 Trn by the time B.O. leaves the white house.

    Fiscal Cliff Vote - some see it as good news but as long as the National Debts keep increasing its simply storing up a worse problem for the future. But maybe buyers aren't looking that far ahead?
    Don't the other 2 factors happen every month without much effect?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
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