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The Stock Market Takes Another Dive - Steer Clear ?
Comments
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gadgetmind wrote: »I'm rarely rude.
Of course, I am fairly often brutally blunt, utterly uncaring, totally tactless, incredibly inept with the old social skills, and somewhat lacking in anything that could even remotely be regarded as empathy, but that's entirely different.
Oh well whatever, it is certainly better buying into the stock market today than it was last Friday but who knows where it goes from here.0 -
Oh well whatever, it is certainly better buying into the stock market today than it was last Friday but who knows where it goes from here.
Well quite, which is why we all need to carefully consider both micro and macro economic factors when deciding whether/when/where to invest.
Rather than woffling on about the scary monster factors, I have said what my resulting tactics have been this week, which are part of a long term strategy.
Testable hypotheses.
Make some.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Oh well whatever, it is certainly better buying into the stock market today than it was last Friday but who knows where it goes from here.
I'm really hoping for some very big drops this week. My ISA is in the middle of being transferred between providers. The original holdings have been sold and the funds are now winging their way through cyberspace (or more likely the postal system) to the new provider so the last thing I need is markets to rise while I'm in cash.
If they drop enough the transfer will have been a very handy albeit risky exercise. Sell 1000 units at £1 each and then buy them back again at 80p with the same £1000 but now you have 1250 units so fingers crossed for some big falls.Remember the saying: if it looks too good to be true it almost certainly is.0 -
gadgetmind wrote: »Well quite, which is why we all need to carefully consider both micro and macro economic factors when deciding whether/when/where to invest.
Rather than woffling on about the scary monster factors, I have said what my resulting tactics have been this week, which are part of a long term strategy.
Testable hypotheses.
Make some.
Too complex for me, I'm a simple engineer by profession, not one of those 'masters of the universe'. Mind you I expect a few of them have lost their shirts over the weekend
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Too complex for me, I'm a simple engineer by profession
Me too: I make sand do fancy tricks.
As engineers, we're great reductionists, but many of us also have a reasonable grasp of all things holistic. We also tend to have somewhat muted emotions, and I reckon we therefore make rather splendid private investors.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
My guess would be castings0
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I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
Silicon chips? fibre optics more likely perhaps0
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Silicon chips? fibre optics more likely perhaps
Both, but mainly the first, and a big fat wack of software on top of the first, and some writing (prose and poetry!), and some investing, and some real metal-bending engineering, and lots of soldering, and a fair bit of cooking and baking.
Specialisation is for insects. (With all due credit to RH)I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
My task for the day - splitting wood - failed dismally - wood too green and need heavier sledge hammer
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