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Shares are looking upat last

2

Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    It's obviously good for a lot of people.

    Thing is, can it last? The guy on the BBC didn't seem to think so, but we'll see!

    I'm bearish at the moment and expect the market to be volatile in the coming months. Though still buying investment trusts with good yields and at a discount to net asset value . Averaging cost price helps to deliver a positive return.
  • jatos
    jatos Posts: 53 Forumite
    Looks like I received a bit of stick for my post earlier on un the thread :S

    As for HSBC, I know they are stable... seriously, if they go under then I think I would worry (and thats not solely because my money, and my employers money is with them).
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    jatos wrote: »
    Looks like I received a bit of stick for my post earlier on un the thread :S

    As for HSBC, I know they are stable... seriously, if they go under then I think I would worry (and thats not solely because my money, and my employers money is with them).

    Not stick. Too often you hear generalisations, that are created by poor quality news. Like all banks are in bad health due to the credit crunch.

    Look at Goldman Sachs didn't get involved in poor practice and now report excellent results. Complete opposite to the basket cases such as RBS and HBOS.

    Lloyds itself would have been ok if hadn't of been rushed into a marriage. HSBC is ok. Barclays wobbled but picked part of Lehmans for a matter of pennies and has found a pot of gold.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    It's obviously good for a lot of people.

    Thing is, can it last? The guy on the BBC didn't seem to think so
    , but we'll see!

    That's it then icon9.gif
    '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
  • nearlynew
    nearlynew Posts: 3,800 Forumite
    Thrugelmir wrote: »
    Look at Goldman Sachs didn't get involved in poor practice and now report excellent results. Complete opposite to the basket cases such as RBS and HBOS.
    .


    Are you sure?

    http://www.russellmeansfreedom.com/2009/the-great-american-bubble-machine-the-fraud-of-goldman-sachs/
    "The problem with quotes on the internet is that you never know whether they are genuine or not" -
    Albert Einstein
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    nearlynew wrote: »

    Goldmans took a look at "securisation" of mortgage products (Lehmans, NR, HBOS etc) and didn't jump on board. Remember by the end the quality of the debt book was getting getting poorer and poorer. As the lenders had to underwrite any business they could get their hands on to keep the conveyor going.

    Thats why there well positioned now. I'm not saying they're not ruthless.

    If you invest ethically it is a matter of choice if you hold the stock or not.
  • treliac
    treliac Posts: 4,524 Forumite
    start getting Hog Fever...Please!!!!!

    Think we've all had it, with no need for anything more than Ibuprofen.

    Apart from the few very unfortunate sufferers, most of us are going through it with little more than a sore throat and headache.
  • islandannie
    islandannie Posts: 963 Forumite
    Part of the Furniture Combo Breaker
    would be better if the punt had been in sterling and not zimbawean dollars though, eh annie?

    Worthy of reply,just to say thank you for making me smile.
    Nationalism is an infantile disease. It is the measles of mankind. - Albert Einstein.

    “The nationalist not only does not disapprove of atrocities committed by his own side, but he has a remarkable capacity for not even hearing about them.”-

    Orwell.
  • Mr_Mumble
    Mr_Mumble Posts: 1,758 Forumite
    I don`t have shares in either Microsoft or Amazon.
    Microsoft are a large component of all three major US indices. MSFT's results and fall in share price of > 8% on Friday should have dragged the markets. I'm putting it all down to irrational exuberance in the middle of a "W" shaped recovery (though don't rule out a WWW) :p
    However I took a 100k punt on Roche for Tamiflu .

    I wont bore you with the figures,but start getting Hog Fever...Please!!!!!
    Sounds more like a momentum based gamble than an investment. :confused:
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
  • DiggerUK
    DiggerUK Posts: 4,992 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    It appears that the "recovery" is coming in the shape of a WC.

    By analysing most of the recent increases in dividend payments, it becomes clear that it is only massive cost cutting exercises that have upped the dividends.

    Higher profits from increased company revenues are not what is happening.
    The possibility that firms can keep dividends rising by cost cutting has it's limits.

    That is all this rally is based on at the moment, what happens when there is no more fat to trim from a company?

    This cat was anorexic before it was bounced.
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