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The Stock Market Takes Another Dive - Steer Clear ?

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Comments

  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    MonkeyMad wrote: »
    Yields are relatively low at the moment

    Yields are actually pretty good right now.

    http://www.bloomberg.com/news/2012-04-22/u-k-dividends-jump-to-record-on-vodafone-cairn-payouts.html

    My self-selected high yield shares are paying out 5.68% on purchase price and 5.19% on current price, and the FTSE 100 as a whole is on about 3.6%
    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.
  • 1echidna
    1echidna Posts: 23,086 Forumite
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  • MonkeyMad
    MonkeyMad Posts: 421 Forumite
    edited 28 April 2012 at 9:40AM
    gadgetmind wrote: »
    Yields are actually pretty good right now.

    http://www.bloomberg.com/news/2012-04-22/u-k-dividends-jump-to-record-on-vodafone-cairn-payouts.html

    My self-selected high yield shares are paying out 5.68% on purchase price and 5.19% on current price, and the FTSE 100 as a whole is on about 3.6%

    I was comparing to the 6-7% I have got in the past! My portfolio is delivering about the same as yours and it's still better than cash - keep ramping it *in the money that is*.

    *correction*
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    MonkeyMad wrote: »
    I was comparing to the 6-7% I have got in the past!

    Yields or total return?
    keep ramping it.

    The very last thing I want to do is ramp the stock market. I *like* low prices 'cos I'm greedy.
    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.
  • Hooloovoo
    Hooloovoo Posts: 1,281 Forumite
    gadgetmind wrote: »
    The very last thing I want to do is ramp the stock market. I *like* low prices 'cos I'm greedy.

    This is something I've only just realised over the last few days. The stock market going up is a bad thing. The only people who want the price of something to go up are those looking to sell. I'm not looking to sell.

    I want it to crash! And stay low for years! Then go up tenfold the day before I retire ... :D
  • srcandas
    srcandas Posts: 1,241 Forumite
    Ninth Anniversary 1,000 Posts Combo Breaker
    Cant go along with that. I have a target of price im looking for and in what timescale. If I reach the price early and have no good reason to have moved the target then I get my money early. It can now go into another investment opportunity.

    I remember several famous horse races where the horse who was there to set a pace slipped the field and went on to win. OK remember more who didnt :rotfl:
    I believe past performance is a good guide to future performance :beer:
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Hooloovoo wrote: »
    I want it to crash! And stay low for years! Then go up tenfold the day before I retire ... :D

    Only if you plan to buy an annuity. If you intend to remain invested, low prices mean that any dividends you don't need to draw upon buy more shares.

    Low shares prices and high yields are the gift that keeps on giving.
    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.
  • sabretoothtigger
    sabretoothtigger Posts: 10,036 Forumite
    Part of the Furniture 10,000 Posts Photogenic Combo Breaker
    Yea but that begs the question why heck arent they going to buy a high yield stock that regularly does so.
    Unjustified fear or misplaced must be present for it to be good value so we are talking about contrarian investing.

    The whole world is in bonds, are they all wrong. The only conclusion is a massive adjustment occurs sometime
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    sabretoothtigger wrote: »
    Yea but that begs the question why heck arent they going to buy a high yield stock that regularly does so.

    Dunno why they didn't before, but sadly, this style of investing is getting trendy nowadays. Worrying!
    The whole world is in bonds, are they all wrong. The only conclusion is a massive adjustment occurs sometime

    As I'm short on most "safe" government bonds, bring it on!
    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.
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