I'm forever blowing bubbles

JonnyBravo

julieq wrote: »

As a matter of interest, if there ever as a bull trap anywhere it's in stocks and shares at the moment. You have essentially an overexuberant bounce back based on nothing much more than the feeling the recession is over and we're back to normal, and as the indices go up apparently relentlessly people are piling in to get on the bandwagon.

Now call me a bear if you like, but that is a recipe for disaster.

Based on what I can see on the ground, there is a recovery but it's modest at best. There isn't much chance of significant earnings growth any time soon, and anything there is has been priced in many times over. The big problem with equities is that they can collapse very quickly in value if confidence slips. A great many companies make money from discretionary spend, therefore earnings are hugely dependent on all of the "fundamentals" the permabears spend their time worrying about. Margins have contracted because of the necessity to buy business, and they won't come back any time soon.

So on that basis, I'm out. Very pleased for anyone making money, but watch your back.

Thanks for the valuable advice julie. I'm going to sell everything.

ManAtHome

Cleaver wrote: »

I don't think in a million years that my holding will ever be worth anywhere near a million pounds.

I can absolutely guarantee that it will!


*insurance premium £50k payable now, compensation of £14.2 billion payable in AD 1002009 should target not be met.

zedyy

Cleaver wrote: »

I didn't pick stocks, I picked funds.

OK cool, which funds were they and what makes you think that funds are immune from the bubble?

steadysaver

Cleaver wrote: »

No. We'll leave it in for a long term period of 10 to 15 years at the very minimum. We have other investments that are more secure and won't go down. This is the riskier part of our portfolio so happy for this money to be in something volitile with the possibility of making high returns. Pretty standard plan with money basically.

Just in case my dripping sarcasm wasn't clear, my posts are in no way to boast or anything like that. I am making the comment that growth at this rate is completely stupid and in no way sustainable.

But we all now the value of stocks and shares treble every 7 years, surely. Let the good times roll :beer:

Cleaver

zedyy wrote: »

OK cool, which funds were they and what makes you think that funds are immune from the bubble?

ZEDY. LISTEN CAREFULLY. I DON'T NORMALLY USE CAPITALS, BUT I THINK THEY ARE NOW NEEDED.

THE ORIGINAL POST WAS SATIRE. SARCASM. A WAY OF SAYING THAT I DON'T THINK THAT THE FUNDS ARE IMMUNE FROM THE BUBBLE, I THINK THEY WILL FALL IN ANOTHER MINI CRASH THAT'S COMING SOON.

Hope that's clear now. Read it again and see if you can feel the sarcasm oozing through your screen.

JonnyBravo

Cleaver wrote: »

ZEDY. LISTEN CAREFULLY. I DON'T NORMALLY USE CAPITALS, BUT I THINK THEY ARE NOW NEEDED.

THE ORIGINAL POST WAS SATIRE. SARCASM. A WAY OF SAYING THAT I DON'T THINK THAT THE FUNDS ARE IMMUNE FROM THE BUBBLE, I THINK THEY WILL FALL IN ANOTHER MINI CRASH THAT'S COMING SOON.

Hope that's clear now. Read it again and see if you can feel the sarcasm oozing through your screen.

Yes but why are your funds immune???

Answer the question man. He's got you ain't he? Eh? He got you good! Boom! Eh?

:rolleyes: