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Stock Market crash-not if but when?

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  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
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    Glen_Clark wrote: »
    Well that reminds me of the story of the drunk at the bar. You say if he has another drink he will fall down. But he has another drink and he doesn't fall down. Then he has another and another, people start to ridicule you and believe he can go on drinking forever. But eventually...inevitably.. the man falls down..

    So, sooner or later we are due a crash, no argument there. Crashes and corrections happen in investing as sure as night follows day.

    So if there's another thread, saying "will there be a crash?", or "there will be a crash!", the answer is always : "yes, but you might be able to get some decent gains first".

    Effectively they could all be rolled into one merged doom-laden megathread, which would read a bit like a Moneyweek or Daily Mail series of articles in its schizophrenic train of thought.

    "There will definitely be a crash, unless there isn't, but it will happen in the end, if not sooner, or later, and you should definitely get out now, unless you should change asset class and keep investing, or keep going with your existing investment for now, and it's all the fault of the politicians - of this party or that party changing from post to post - and also, fatcats are bad and tax is too high, or too low, and we'd all be better off in a different economy except the Greek one or the American one or any others we can think of right now"

    Such threads are probably best left in "debate the economy", but I can see why they spill over as people fear for their investments in times of uncertainty. Perhaps without realising that it is precisely because of embracing uncertainty that they are able to have the chance to earn anything equal or greater than inflation.
  • Chickereeeee
    Chickereeeee Posts: 1,290 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    The more people believe there is going to be a crash soon, the less likely it is that there will be one.

    C
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    mike88 wrote: »
    GDP
    But thats another fiddle isn't it?
    On top of all the increased rents counting as GDP, they have plucked a figure out of the air for illegal drugs and prostitution and added it on to GDP. This is about as clever as over declaring your income on your tax return. As a result, on paper Britain has overtaken France because they include nothing for illegal drugs and prostitution. So the EU wants another £1.7bn contribution from Britain, and a rebate for France. Nice One George :mad:
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Eco_Miser
    Eco_Miser Posts: 4,899 Forumite
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    Biggles wrote: »
    Couldn't all the 'stock market crash soon' threads be rolled into one? They're all saying the same thing (and have done for more than a decade).
    And eight years ago they were right!
    Eco Miser
    Saving money for well over half a century
  • masonic
    masonic Posts: 27,621 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Eco_Miser wrote: »
    And eight years ago they were right!
    They would have been right about 8 years before that as well... I see a pattern emerging :eek:
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Eco_Miser wrote: »
    And eight years ago they were right!
    Ah well, now we are in the realms of what constitutes a 'crash' and what is a temporary 'correction'!

    There will always be a 'correction' and there will, eventually, always be a 'crash', hence the futility of threads of this type. But it all comes good in the end. If you can wait.....
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    There are crashes and there are corrections, corrections are healthy and necessary. I sold all my stocks in both sipp and isa yesterday and now intend to sit on my hands in peace and tranquillity throughout the forthcoming turbulence. They will be great days for those who day trade, those days are gone for me, now I just concentrate on increasing the pots so I can provide a decent pension for myself and after me, for my children. I position trade ie I buy `safe` dividend stocks as I have to be risk averse now and I will hold for anything from a few days to a few months

    I don`t know why I responded to this thread, maybe a bit of screen watching withdrawal syndrome :cool:
  • veryintrigued
    veryintrigued Posts: 3,843 Forumite
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    The more people believe there is going to be a crash soon, the less likely it is that there will be one.

    C

    Your logic being?
  • masonic
    masonic Posts: 27,621 Forumite
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    kittie wrote: »
    There are crashes and there are corrections, corrections are healthy and necessary. I sold all my stocks in both sipp and isa yesterday and now intend to sit on my hands in peace and tranquillity throughout the forthcoming turbulence. They will be great days for those who day trade, those days are gone for me, now I just concentrate on increasing the pots so I can provide a decent pension for myself and after me, for my children. I position trade ie I buy `safe` dividend stocks as I have to be risk averse now and I will hold for anything from a few days to a few months

    I don`t know why I responded to this thread, maybe a bit of screen watching withdrawal syndrome :cool:
    If I did that, I'd just be exchanging my worries that markets will fall while I'm invested with worries that the markets will rise while I'm sitting in cash. Given that even experts are awful at predicting what markets will do in the short term and markets rise more often than they fall, it doesn't seem rational to think I can predict when I'd be better taking my money off the table,
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    bowlhead99 wrote: »
    Such threads are probably best left in "debate the economy", but I can see why they spill over as people fear for their investments in times of uncertainty.

    Perhaps because investing has become increasingly distorted by external factors since 2008. Not market fundamentals.
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