We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 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!

Stock Markets Bombing!

1679111221

Comments

  • ad44downey
    ad44downey Posts: 2,246 Forumite
    Generali wrote: »
    Oops - thanked by mistake (I do that a lot).

    There are some good bargains appearing. Lloyds TSB yielding 5% - I shouldn't think they pay that on their savings accounts!
    Even better now, the full year dividend after basic rate tax is 34.2 pence, todays share price is 538.50 pence making the yield 6.35%. It's a great deal, I might some more at this great price. :j
    Krusty & Phil Madoff, 1990 - 2007:
    "Buy now because house prices only ever go UP, UP, UP."
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    tonydee wrote: »
    Yes just a blip. Some good bottom fishing at around 6050. Gains for the rest of the week imo.

    Looks like the FTSE could go below 6,000 tomorrow?!
  • Well I am hoping for a big fall over the next month. As I am using my maximum allowance buying wincanton shares through a share investment plan at work so the lower the price the better.

    They can go back up when I want to sell them. and not before!:D
    "A goldfish left Lincoln logs in me sock drawer!"

    "That's the story of JESUS."
  • dunnomate
    dunnomate Posts: 67 Forumite
    I think the BoE has over-cooked the interest rate hike !
    No Links in Signatures by Site Rules - MSE Forum Team 2
  • nollag2006
    nollag2006 Posts: 2,638 Forumite
    Yup - I don't think we're likely to see any further rate hikes now for a while. Should allow the last few rises to sink in, and underpin property prices.
  • pickles110564
    pickles110564 Posts: 2,374 Forumite
    time to get out of the market, i am going to plough it all into property a much safer long term investment as it only goes up.
  • sm9ai
    sm9ai Posts: 485 Forumite
    time to get out of the market, i am going to plough it all into property a much safer long term investment as it only goes up.


    lol :D The funny thing is I bet some people will!
  • tr3mor
    tr3mor Posts: 2,325 Forumite
    tonydee wrote: »
    Yes just a blip. Some good bottom fishing at around 6050. Gains for the rest of the week imo.

    Never take a tip from this man! :rotfl:
  • sm9ai
    sm9ai Posts: 485 Forumite
    Well thats the ftse below 6000.

    And who is leading the charge... Northern Rock. Can't say I'm really surprised. Looks like the UK Subprime is going to tumble too. Also noticed Northern Rock are down 50% in 6 months. :eek:
  • sm9ai
    sm9ai Posts: 485 Forumite
    Orion wrote: »
    Would now be a good time to put a few hundred quid in one of those ISA's that are tied to the FTSE100?

    I'm thinking the same. Its just that awful feeling of how low will it go. I could see it going anywhere at the moment from below 5500 back to 6500 ish.

    Probably leave it another week for me.
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
  • 352.1K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K 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.