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  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Except the markets are falling for 4 days in a row now. Seeing as they're the highest in history...

    Unless you factor inflation, in which case they're not, and not even close to the historic peaks of the UK100 in 1999 and 2007 as one example.

    Don't forget the real global economy is still reeling from the banking fraudsters and their great sub prime robbery and will be for some time, despite all the politically driven central politburo financial market manipulation and price fixing.

    We're far from boom times despite the best efforts of highly selective mainstream media reporting and asset bubbles everywhere are an indication of currency wars more than simple over inflated prices imho but we'll have to see what unfolds, there may be a crash but I suspect a rise is more likely in the years ahead.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • puk999
    puk999 Posts: 552 Forumite
    Ninth Anniversary 500 Posts
    Except the markets are falling for 4 days in a row now.

    Are they? I'm in it for the long term so I genuinely didn't know that and am not worried about it. Dips aren't a bad thing. They can allow more units to be purchased for the same price.
    Seeing as they're the highest in history it's probably likely they'll fall somewhat so even if I did invest it wouldn't be now... maybe 6 months or 1 year down the line once the markets have balanced out a bit.

    Markets being the highest in history shouldn't come as a surprise. Over the long term we expect the trend to be upwards. If there was no volatility and a purely linear progression, then every day would be a new market high.

    I've sympathise, as I've been tempted recently to pull some money out of funds and buy back in when a big drop happens. I then realise I just don't have the skill/luck/whatever to time it properly.
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