Another crash ???????

cashsurf

I'm working with a guy who claims that a money saving magazine he is signed up with has predicted that the FTSE will crash in june and anybody with investment funds should be pulling out now,has anybody heard anything?

tradetime

LOL people have been calling the next crash since last April and will likely still be calling for it next April.

Batchy

someone will be right somewhere along the line, who knows maybe there will be, ill be piling my money in after a 25% fall, waiting for the 60% gains again! lol

dunstonh

One thing is fact when it comes to investing. You cannot predict the unpredictable.

Every comment suggesting a crash or a boom is an opinion that may or may not be correct. There are far too many unknown variables to be sure. Some opinions will be extreme. Others not. One thing you do know though is that you dont know.

turbobob

I'll check the tea leaves and the crystal ball and come back to you Is it Moneyweek? I don't regularly read any investment mags, but I think them and their buddies at Fleet Street Letter have been warning "get out of this suckers rally now" for most of the last year. The date of the supposed crash keeps moving back..

sabretoothtigger

Did they mention which index because theres like a thousand different FTSE indexes on various investments

http://www.ftse.com/Indices/index.jsp


Crash means or requires even unexpected events pretty much.
What arent you expecting to crash, where is your money safest right now, that's what is going to crash


Also look up liquidity triangle, debt deleveraging has been dripping down this for a couple years

Philycheesesteak

I got this yesterday from an email...

(It's from a fleet street investment group) So take a large pinch of salt with it...

I guess the only sound advice is to spread your eggs in different baskets.

QUOTED TEXT:

Get out of this death trap market NOW before you are ruined by...

THE “GREAT FINANCIAL DECEPTION” OF 2010!

Within the next 141 days I believe four catastrophic events will expose this ‘rebound’ for the deception it really is... lay waste to the faltering UK economy... and make a continued recovery almost IMPOSSIBLE in 2010 or 2011...

If you think we’ve survived the worst... you could be in for the SHOCK of your life. Take a look:

1 The Coming British ‘Triple A’ disaster – WORSE Than Subprime! Forget the US housing panic that threw the world into recession. THIS threat is many times worse and millions of Britons are none-the-wiser. Yet if you’re 50+ or planning to retire between now and 2015 your wealth could be in grave danger. But there’s one potential way you could protect yourself, and turn the fallout to your advantage. We’ll show you how in this letter...

2 GET OUT! FTSE To Crash 50% By June 4th 2010! Learn how the Government’s secret ‘Maginot Line’ policy will smash the FTSE 100 back below 3,000 come summer… and two surprising plays you can use to help protect your portfolio immediately. In fact, these simple investments could even GROW while everything else falls through the floor...

3 EXPOSED: The Dark New ‘Financial Rule’ Which Could Blow The UK Economy to Pieces! No one else dares tell this story. Politicians ignore it... the media shuns it. It appears on no balance sheet... no bank statement... and no Government report... Yet it’s going to have the biggest effect on the economy this year. But there’s one clever ‘crash play’ fund with a possibility to profit as the chaos unfolds (it could even give you an extra INCOME too!)…

4 The Property ‘Honey Trap’ Practically NO-ONE’S Telling You About! Estate Agents, lenders and politicians brag that house prices are in recovery right now. But there’s one area in Britain that’s possibly going to suffer more than anywhere else. If you live in this house price ‘black spot’, have money in property here, or are simply thinking about buying in this area this year – you must read this NOW...

Look. If you’re happy to sit back, put your feet up and risk seeing your wealth and retirement funds get eaten away... that’s absolutely fine.

But if you ARE concerned about the way things are going... you DON’T believe the UK’s economic situation is quite what it seems... and you DO want to do something to protect yourself from unseen events this year...

Everywhere you look things seem to be going up...

Virtually all asset classes have seen massive rallies since March last year. The FTSE’s gained nearly 50%... commodities are up... bonds are too... so is gold, oil and property.

So things are going fine, right?

Unfortunately that’s what you’ve been led to believe...

Investors and pension funds are now putting money back into the financial system...

But it’s a system that’s more fragile than any banker, politician or mainstream economist is willing to let on.

I’m writing today to warn you that this ‘recovery’ is potentially nothing more than a deadly sham...

...a sham that’s tricked innocent savers and investors back into a market that’s more vulnerable than you ever imagined.

And they are in for the FRIGHT of their lives.

The evening news won’t tell you about the true state of affairs. Neither will the government. They’ll tell you ‘everything is under control’... use words like ‘fiscal stimulus’... and ‘recovery’…

In fact, we’re officially ‘out of recession’. And we’re ‘through the worst’.

Don’t believe a word of it.

----End of quote.

I'll not post their link as it's clearly an advert.
________________________________________________________________
'The world is nigh' man will get it right one day.

tradetime

Hehe, I have about one of those a week in my spam filter since the dot com crash, its' called "Broken Clock Forecasting" after the fact that even a broken clock is right twice a day.

jamesd

The markets will do something in June, including going up and down. Nobody can have heard anything because it's not a rigged game with preplanned results.

June is a time sufficiently after an election for any negative thoughts to have had some time to work through the system and for bond buyers to be unhappy and cause drops. Or not, if they like the election results and go for a bull run instead. It's also a time when markets quite often do drop, just because of people going on holiday.

If you're worried about it you have plenty of options available. Non-UK holdings being a major one that will benefit if the Pound falls as a result of post-election worries and won't be affected much if the UK markets fall a bit.

Do try to remember that the old market saying is that market prices climb a wall of worry: there's always something to worry about even while markets may spend years climbing to new highs. Those who were scared away last year merely managed to miss one of the greatest bull markets in UK history.

Mix your investments into different areas and know that you've a decent chance of smiling whatever happens in this small corner of the world because the rest of the world will carry on regardless of what elections here cause.

Now, if the prediction was world markets dropping, not just the FTSE, then we might have a different discussion. But for now a good measure of non-UK investments is a way to get rid of much of the potential UK volatility.

StevieJ

jamesd wrote: »

Now, if the prediction was world markets dropping, not just the FTSE, then we might have a different discussion. But for now a good measure of non-UK investments is a way to get rid of much of the potential UK volatility.

Not to mention that the Ftse 100 is fairly outward looking with around 70% ex UK exposure.

lvader

There are a ton of predictions out there and you can bet one or two of them will turn out to be correct, more from luck than judgement though. As for the UK, while we do have some unique issues to resolve I don't think we are much worse off than the other major economies.