FTSE down over 4%

wotsthat

shortchanged wrote: »

Which may well be worth 5% less by tomorrow.

I'm going to keep buying on a monthly basis. This will allow me, at some point in the distant future, to proclaim that I got in at the bottom of the market.

Of course I'll be skint but I'm hoping that my financial Guru status will allow me to sell several self-help books or at least get on celebrity big brother.

Mallotum_X

Really2 wrote: »

Ah, but prices falling is good news, read it on here so must be true.;)

Depends on whether you are buying or selling...

For many of us a falling FTSE is a good thing. My pension contributions will buy more shares.

Longer term rising will be a good thing for me.

All depends on whether you are buying or selling....

wotsthat

geneer wrote: »

Don't you mean "flats"

Bloody hell! Have they let Geneer back on?

It's going to affect the whole bull/ bear/ meme space time continuum. If I wasn't so self-aware I give myself an exquisite head shot.

FTBFun

I've literally just seen an in-house IFA about changing the split on my pension (25% on commercial property since 2006 - oops) and am keeping 35% of my contributions to UK equity. Does anyone have any idea if I should change my mind a tad and give more international exposure (I'm moving 15% from property into global equities as it stands)?

Mallotum_X

FTBFun wrote: »

I've literally just seen an in-house IFA about changing the split on my pension (25% on commercial property since 2006 - oops) and am keeping 35% of my contributions to UK equity. Does anyone have any idea if I should change my mind a tad and give more international exposure (I'm moving 15% from property into global equities as it stands)?

Depends on your attitude to risk, I have some of one of my pension funds sat in Japan on the basis that they gotta improve one day... right?

Graham_Devon

Well thats the pound down below year lows.

No doubt they'll have to put petrol / diesel up again now they have the excuse.

shortchanged_2

Graham_Devon wrote: »

Well thats the pound down below year lows.

No doubt they'll have to put petrol / diesel up again now they have the excuse.

Even though the price per barrel has dropped significantly over the past couple of weeks.

Graham_Devon

shortchanged wrote: »

Even though the price per barrel has dropped significantly over the past couple of weeks.

Fuel certainly hasn't though, infact it went up a penny overnight at the garage I pass every day. £140.9 a litre again for diesel now.

Only dropped around 2p even though a barrel of oil dropped around $20.

Of course when it went up that $20, prices increased by around 8p.

The_White_Horse

down over 5.1% now. will be interesting to see how the dow opens. i believe that happens at 2.30pm our time. hmmm. interesting times.

still, the benefit brigade have no fear. their income will remain on track.

The_White_Horse

ftse powering to recovery. only down by 4.83% now.