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Market Dip - 27 Feb

13

Comments

  • ManAtHome
    ManAtHome Posts: 8,512 Forumite
    Part of the Furniture Combo Breaker
    Headless chicken time again... didn't we have something similar last year?

    Major panic seems to be that the stupid Chinese are trying to stop illegal share-dealing, people borrowing heavily to invest etc - that sort of thing will never do old chap!

    Would have to go down quite a bit more to make the duty and CGT hit worthwhile.
  • dunstonh
    dunstonh Posts: 121,059 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    I'm quite happy. I transferred two old pensions to Selestia and the larger one came out of market before the crash and hasnt been re-invested yet so I missed most of the decline. That was a total fluke but I have lucky fingers this week.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    si1503 wrote:
    Those people who recently bought will have got stung the most.
    Tell me about it. I've only had my mini equity ISA since early December, and 12 weeks good growth has been wiped out in 2 days (and I haven't seen todays prices yet!).

    Bumpy ride this equity game! :)
  • roswell
    roswell Posts: 2,447 Forumite
    And its another red morning in asian pacific.
    If it doesnt pay rent sell it.
    Mortgage - £2,000
    Updated - November 2012
  • roswell
    roswell Posts: 2,447 Forumite
    Panic over theres a bit of green there now hopefully a better day today.

    who`s buying ?

    Personnaly I think ill sit this round out and start doing some more research.
    If it doesnt pay rent sell it.
    Mortgage - £2,000
    Updated - November 2012
  • loobs40
    loobs40 Posts: 1,233 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I have opened up a mini isa with HL and will be buying over the weekend.
  • cheerfulcat
    cheerfulcat Posts: 3,418 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    loobs40 wrote:
    will be buying over the weekend.

    Where? The markets are closed over the weekend.
  • loobs40
    loobs40 Posts: 1,233 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I put the buy orders in online so they will be processed on Monday.
  • Stompa
    Stompa Posts: 8,391 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I was a bit surprised to find that of the 17 funds I'm invested in, 9 were up yesterday!
    Stompa
  • RayWolfe
    RayWolfe Posts: 3,045 Forumite
    1,000 Posts Combo Breaker
    Market timing. Most funds revalue at lunch time not market close!
This discussion has been closed.
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