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So What's Happened???
Comments
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grizzly1911 wrote: »Bizarre really.
Makes you wonder why Joe Public, as minnows, try and swim with the Barracudas and Sharks.
Plenty of shallow water where the minnows can trade safely without large predators taking large bites of the available stock.0 -
Thrugelmir wrote: »The index consists of a varying basket of shares. As changes every quarter.
Focus on the underlying companies as that's what investing is about. Not a notional index which is at best only fit for benchmarking.
It took me a while to realise that my funds might not move in the same way as the FTSE100 if they held very few FTSE100 shares. Even on a day of a 1% FTSE100 drop you'll still get a dozen FTSE100 shares that jump up a reasonable amount.
Since I started I've been playing around with small money, and have made/lost £10/£20/£50 on various things, so have learned lessons that I've probably read a hundred times but now am actually prepared to put into practice. Most of them involve doing nothing for a lot of the time.
It all reminds me of the lyrics to a Queen song:
"Take this letter that I give you.
Take it sonny, hold it high.
You won't understand a word that's in it,
But you'll write it all again before you die..."0 -
It balances well the boring 40 year 'tracker everything low cost is all that matters' ites.
Hey, I resemble that remark!
Err, "resent".
Whatever.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 -
A_Flock_Of_Sheep wrote: »Then you seem to hit a period of mass turmoil. The dot com bubble and bank crisis. What was happening in 1983/84 to create such a smoother ride?
The fact that you're looking on a linear scale and without adjusting for inflation. I bet even Black Monday and friends look minor when presented like that.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 -
gadgetmind wrote: »Hey, I resemble that remark!
Err, "resent".
Whatever.
No resemblance intended and gadget your posts are far from boring
I should say I have nothing against such investors but by definition they make for boring threads here. Much prefer the people hunting down sherbet mines in Izacstan with shares at 4 cents
I believe past performance is a good guide to future performance :beer:0 -
I should say I have nothing against such investors but by definition they make for boring threads here. Much prefer the people hunting down sherbet mines in Izacstan with shares at 4 cents
Eurasian Natural Resources Corporation PLC is a classic example of the dross that has been allowed to be listed through the LSE onto the FTSE.0 -
No resemblance intended and gadget your posts are far from boring
I should say I have nothing against such investors but by definition they make for boring threads here. Much prefer the people hunting down sherbet mines in Izacstan with shares at 4 cents
I personally despair of such threads lol0 -
The Dow has lost over 200 points today after London closed.
So that's probably another 2% off the FTSE on Monday.
Why we have to follow the muppets in that country I do not know - but we always seem to.0 -
A_Flock_Of_Sheep wrote: »the Chairman of NG. Buying £150,000 worth of shares after a sharp drop in NG. prices? Why would he do that? Hmmm!
Cause he can buy them on the cheap?0 -
MoneySaverLog wrote: »Cause he can buy them on the cheap?
in this case, no:
"Yesterday afternoon (Wednesday 29 May 2013) the Chairman, Sir Peter Gershon, purchased a further 18,800 shares at 798p per share, increasing his total interest to 60,286 National Grid plc ordinary shares."
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=115983180
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