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Current market carnage - anyone selling or buying?

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Comments

  • Looking at the graph the auld Footsie is near the point it was in January 2011

    Carnage....
  • masonic
    masonic Posts: 27,585 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    bowlhead99 wrote: »
    Well, if you believe the conspiracy theories the surge in membership is just tory supporters paying their three quid to vote Corbyn in because of their expectation that he will split the party and be unelectable in a General...
    My reading of the conspiracy theories were that they weren't borne out with any evidence when investigated and that the end result was so decisive that it wouldn't have made a difference anyway.

    I fear we are facing a general election where all party leaders are unelectable, but we're probably going to end up with one of them as PM.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    Thrugelmir wrote: »
    Yet to be put to the test of public opinion.

    PS one election and that required a surge in new membership. ;)

    Like the Establishment press you are presumably getting your views from, you are (conveniently?) forgetting the following by election which resulted in a swing to Labour which, if replicated at the General Election, would give Jeremy Corbyn a resounding overall majority.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    edited 19 January 2016 at 8:23AM
    You might want to do a bit more reading about history im afraid. Hitler did consider us as an ally, but there was an ultimatum: either join with the Axis powers (of which Russia was one) or stand against them. We chose the right option.
    .

    Well we don't really know what was on the table, because Rudolph Hess was whisked away, and kept in isolation for the rest of his life - a separate prison just for him!, so he never got the chance to tell us.
    But we do know Hitlers Panzers were stopped by the English Channel - even when Hitler was at his strongest, and Britain stood alone at its weakest after Hitler's Panzers had routed the combined British and French Armies in 6 weeks.. Hitler said 'We are like a Lion on Land and a mouse on Water' Since Hitler wouldn't risk trying to cross the channel when everything was going his way, he certainly wouldn't have done so when facing the Red Army on another front.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • bowlhead99 wrote: »
    Is the auld Footsie the UK 100? According to Trustnet benchmarks, FTSE 100's total return over five years to last Friday is about 18.3%.

    Or the UK All-Share, total return over five years to last Friday is about 24.6%

    Or the All World, total return over five years is about 38.8%

    So basically if you invested in one of those three indexes five years ago this week, you'd have grown your wealth by somewhere in the range of a fifth to two fifths, which isn't bad, especially considering the generally fragile economic conditions and the stellar returns of the two years directly before that when emerging from the 2008-9 dip.

    You could say it is 'near the point' but if 'near' means almost a 20% return including capital and divs reinvested, that's fine really in an environment when bank base rate has been at 0.5% throughout the entire period.

    But what of those who did not reinvest the dividend?
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    bowlhead99 wrote: »
    Well, if you believe the conspiracy theories the surge in membership is just tory supporters paying their three quid to vote Corbyn in because of their expectation that he will split the party and be unelectable in a General...

    You would also have to believe the £3 members also moved home in time to swing the following by election ?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    But what of those who did not reinvest the dividend?
    Did the sheep eat all the letters with the cheques inside?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    But what of those who did not reinvest the dividend?

    Given the "shape" of the FTSE 100 since then, they might even have done a little better. Dunno, we'd need to find a suitable non-accumulating tracker and check the dividend history - shouldn't be too hard.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • Glen_Clark wrote: »
    Well we don't really know what was on the table, because Rudolph Hess was whisked away, and kept in isolation for the rest of his life - a separate prison just for him!, so he never got the chance to tell us.
    But we do know Hitlers Panzers were stopped by the English Channel - even when Hitler was at his strongest, and Britain stood alone at its weakest after Hitler's Panzers had routed the combined British and French Armies in 6 weeks.. Hitler said 'We are like a Lion on Land and a mouse on Water' Since Hitler wouldn't risk trying to cross the channel when everything was going his way, he certainly wouldn't have done so when facing the Red Army on another front.

    Well, we know that in retrospect, it wasn't known at the time. What we do know was that the RAF's strength (or rather perceived strength - in reality we had very few aircraft left!) was what deterred a sea attack. Plus Hitler was quite whimsical and capricious, and always had a Napoleon complex about Russia, and despised Russians and Bolshevism more than the bolshy and, at that point, isolated Brits.

    You're getting confused a little over dates. Operation Sealion was called off in 1940 after the Battle of Britain, the marginalised Hess (on what was considered a mission without the blessing of Hitler) was in 1941. At that point Germany wasn't directly involved in a conflict with Russia, but we of course were.

    Not sure what all this has to do with Shares, mind you :-)
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    edited 19 January 2016 at 10:36AM
    Well, we know that in retrospect, it wasn't known at the time. What we do know was that the RAF's strength (or rather perceived strength - in reality we had very few aircraft left!) was what deterred a sea attack.
    You are forgetting the Navy, but then Churchill tended to do that too - particularly the Merchant Navy who had the worst job of the war on the Arctic Convoys, but were denied medals and ignored in Churchill's VE Day Speech, (just like Bomber Command) because by then their carrying out his orders in supporting Stalin (who by then he wanted us to fight) had become an embarrassment to him.
    Someone asked how war affects markets. Well I think that depends on your politicians. If they stay out of it like Switzerland it can be positive. Wheras if your politicians want to get involved in every war going like Britain seems to have done, then its likely to be negative.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
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