📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Is the stock market over heating?

1192022242562

Comments

  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Balls of steel needed for this game.

    And feet of clay, a heart of gold, and a knob of butter.
    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.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    And if you had decided to sell tomorrow you would have been about 2% better off than today too! Bad day to sell. All panicky sellers today. :mad:

    Balls of steel needed for this game.


    The Nikkei 225 fell 7.32% overnight so I would need it to rise 9.32% from 1am tomorrow until 7am. It might do that it might not but I quit while I am ahead I think.

    Until I have read tim hales book.

    Hope you are ok today grizzly1911 too
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    I am guessing today is a "correction"?
    Every day is a correction. The market moves to where the prevailing sentiment says it should be.

    In context, 6660 to 6680 is where the market was last Friday morning. Now 4-and-a-half to 5 business days later, it is in the same place. That is no major correction. If at the end of the year you looked at the historic charts drawn from weekly or monthly data points, you wouldn't see it.
    Bernanke shoulda just keep his big gob shut.

    Yes of course, because politicians and representatives of large banking institutions are always thanked by the public when they are not transparent with the facts of what is going on, and allow the the market to continue unchecked.

    You probably have a bit more to learn about macroeconomics and investments generally before you pile your £20k into something more complex than a savings account. Stick around and read for a while.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    bowlhead99 wrote: »
    Every day is a correction. The market moves to where the prevailing sentiment says it should be.

    In context, 6660 to 6680 is where the market was last Friday morning. Now 4-and-a-half to 5 business days later, it is in the same place. That is no major correction. If at the end of the year you looked at the historic charts drawn from weekly or monthly data points, you wouldn't see it.



    Yes of course, because politicians and representatives of large banking institutions are always thanked by the public when they are not transparent with the facts of what is going on, and allow the the market to continue unchecked.

    You probably have a bit more to learn about macroeconomics and investments generally before you pile your £20k into something more complex than a savings account. Stick around and read for a while.

    I was talking tongue in cheek about bernanke.
  • Any
    Any Posts: 7,959 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    gadgetmind wrote: »
    It's nice to think that but their records show otherwise.

    I know what you are saying, but there are good ones and there are bad ones. No one has crystal ball to know what is going to happen!
    At least they have some experience.. I surely couldn't do better then Neil Woodford for example!! Don't have the nerves:D

    Days like today and what is to come is the perfect example of why drip feed... over time your contributions are averaged so you don't buy just when at high..
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    So is everyone here selling up?

    Fine thanks:)

    No, everything will be fine don't worry.

    Has your book turned up yet?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    Fine thanks:)

    No, everything will be fine don't worry.

    Has your book turned up yet?

    No not yet its been dispatched though. I'd just like to say thanks to you redbuzzard bowlhead gadgetmind for your kind suggestions and help

    I guess I have been lucky in my speculations on the workd markets especially for a noob. But I have some serious reading now. Not sure what risk score my last two months antics would be! But seriously thanks so much
  • vectistim
    vectistim Posts: 635 Forumite
    Part of the Furniture
    Nothing happening for me today. Were I not looking at these threads I wouldn't have even noticed today's downward movement until it came up on the news later.
    I do need to do some rebalancing - specifically that will mean a partial sell off of a demutualization share as it's now somewhere round about 15% of my stocks and shares investments, and some of the money coming out of doing that I think I will chuck at Africa and Central/South America.
    IANAL etc.
  • redbuzzard
    redbuzzard Posts: 718 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I love Ewe Redbuzzard

    Steady on.

    I've sold nowt today. Just the AAS.L (Aberdeen Asian Smaller Cos IT) top up I mentioned.

    It's quite funny watching the trades in that. The price hasn't moved much all day at -5% or so, but first there were pages of sells, then pages of buys, then sells again, now it's back into buys.

    The FTAS is now back up to -1.8%, and the DOW has put 100pts back on in the last hour or so to -0.1%.

    Who said it wouldn't register on the year's chart? Give that man/woman a coconut, if that's not too premature...

    I'm off to watch some paint drying.
    "Things are never so bad they can't be made worse" - Humphrey Bogart
  • Jegersmart
    Jegersmart Posts: 1,158 Forumite
    gadgetmind wrote: »
    The S&P 500 has always tended to yield less than the FTSE 100 and it actually got as low as 1.11% in 2000 when the markets were over-heating.

    http://www.multpl.com/s-p-500-dividend-yield/

    sure, but treasuries yielding just over 2%.......:O

    That's my point.

    J
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.