What buying options will a NO vote bring?

C-dog

In 14 so hours we'll know exactly how the markets react to a no vote (based on http://www.theguardian.com/business/live/2015/jul/05/greeces-eurozone-future-in-the-balance-as-referendum-gets-under-way--eu-euro-bailout-live#block-559954bae4b032a39a3ba8be) but what is your speculation on how your shares will fare? What opportunities will there be to buy?

I saw in the Telegraph a journey touting GREK....yes or no, I can't see that being a good buy right now.

colsten

There is a lot more to come. A 'no' vote will just makes things worse than they would have been anyway. Don't expect any swift resolution, and don't expect there will be a lot to cash in on when everything's done. Which could be years away. I heard someone summarise it nicely today: "Greece could be the new Lehman Brothers".

Freecall

I see that the BBC is reporting an early 'no' vote

http://www.bbc.co.uk/news/world-europe-33403665

Although the markets have factored in a margin for the general Greek mess, I doubt that it is fully accounted for so expect falls across all equity markets tomorrow.

So, the answer to your question has to be 'plenty'.

Not good for the real-world economy though.

If only we knew in advance just how far things will fall.

wary

It's officially a NO vote, so I guess we will soon find out the repercussions!

masonic

I know I'm not clever enough to predict what will or won't be affected, or by how much. I'll stick to the usual boring strategy and rebalance as required.

kidmugsy

Sell, sell, sell, sell. Preferably two days ago.

Then, after a pause, buy, buy, buy, buy.

It's really easy this investment lark.

Kendall80

Sunday indices currently have the germany index down over 3%


Also forex - GBP:euro is going strong as the euro weakens.

Nocto

What buying options will a NO vote bring?

Feta cheese might go down in price!

A_Flock_Of_Sheep

Another southward journey for your shares.

Reaper

I had hoped for a bigger fall and was ready to start buying (as I thinks its effect elsewhere is overblown), but it seems the market had largely factored in this result.

It might fall further if the EU refuse to re-open negotiations, but only 1-2% is my guess.

le_loup

I too was ready with some cash - but no great opportunities this morning.