The Great Financial Meltdown of 2015

Thrugelmir

luvpump wrote: »

i thought the ftse was down about 30% from its high last year ??

22.6%...

Blacklight

I'll believe it when the lefties at the BBC run out of news and decide to incite mass panic again.

Thrugelmir

Blacklight wrote: »

I'll believe it when the lefties at the BBC run out of news and decide to incite mass panic again.

People move in herds. When confidence goes they'll be a stampede for the exit.

wotsthat

dunstonh wrote: »

Right about what?

Keeping the faith after Phantom Menace, Attack of the Clones, Revenge of the Sith and keeping hold of his 1977 Luke Skywalker figures.

I thought Jar Jar Binks had destroyed the franchise forever.

Mortgagefreeman

dunstonh wrote: »

Right about what?

A 20% market crash is not the same as a financial meltdown unless you are daily mail reader.

That's the trouble with you IFA's. Even if the FTSE dropped another 50% You'd be saying it's not a meltdown it's a buying opportunity :rotfl:

Jason74

IsaacHunt wrote: »

That's the trouble with you IFA's. Even if the FTSE dropped another 50% You'd be saying it's not a meltdown it's a buying opportunity :rotfl:

To be fair , if the FTSE dropped another 50%, I'd be piling pretty much every spare penny I had into it. The upside potential would be huge, and frankly I think if circumstances were such that it kept falling significantly having dropped another 50% from current values , I suspect that losing money on an investment would be the least of my (or anybody else's for that matter!) worries.

Generali

Blacklight wrote: »

I'll believe it when the lefties at the BBC run out of news and decide to incite mass panic again.

You know it's really bad when FT Alphaville get unrally monkey out of its box:

chucknorris

IsaacHunt wrote: »

That's the trouble with you IFA's. Even if the FTSE dropped another 50% You'd be saying it's not a meltdown it's a buying opportunity :rotfl:

I would much rather buy when it is 50% down, rather than when it is 50% up, wouldn't you?

westv

Bob Beckman would haved loved all this.

Thrugelmir

chucknorris wrote: »

I would much rather buy when it is 50% down, rather than when it is 50% up, wouldn't you?

If dividends are totally cancelled or reduced by over 50% is the situation better then?

Markets are priced forward looking. Not on results today. As companies are required to brief the stock market if forecasts are going to be wildly missed.