Grexit and the markets?

ChopperST

padington wrote: »

Markets are way oversold generally if you ask me. Wouldn't touch any of it with a barge pole right now. If Greece walks away from its debts the damage will be substantial because of the sentiment that will follow.

When would you? Tomorrow, next week, next year, never?

How are the markets oversold? What alternative investment vehicle would you suggest?

Just playing devils advocate here but historically S&S have always beaten cash over the long term, why if you are investing in equities would you be concerned in something that will long forgotten when you come to draw down?

padington

ChopperST wrote: »

When would you? Tomorrow, next week, next year, never?

How are the markets oversold? What alternative investment vehicle would you suggest?

Just playing devils advocate here but historically S&S have always beaten cash over the long term, why if you are investing in equities would you be concerned in something that will long forgotten when you come to draw down?

I was very specific concerning timing. In regards where to invest, I suggest property in growing urban areas in trusted countries with a safe political regime that aren't too linked to commodity prices, Europe or China and you wont go too wrong.

masonic

padington wrote: »

Markets are way oversold generally if you ask me. Wouldn't touch any of it with a barge pole right now. If Greece walks away from its debts the damage will be substantial because of the sentiment that will follow.

Oversold - usually means cheap or undervalued and a buying opportunity. I don't think the markets are oversold at all.

padington

masonic wrote: »

Oversold - usually means cheap or undervalued and a buying opportunity. I don't think the markets are oversold at all.

Sorry, stand corrected, I agree, I meant overbought.