RBS brace for a “cataclysmic year”

Thrugelmir

Generali wrote: »

The big difference between 1986 and today is that in 1986 the US Dollar was falling whereas now it's rising in value.

As a result, the fall in the oil price in not-US Dollars is not as great.

Same issue of over supply. North Sea rigs turned off production.

mayonnaise

Yes, I remember 1986. It was very cataclysmic.

mwpt

FTSE 100 below 5700 briefly again.

Anyone got a target price on the FTSE 100 / 250 at which point they'll buy more? I'm at about the correct shares vs cash position now but todays lows are starting to encourage me to take on more risk.

Thrugelmir

mwpt wrote: »

Anyone got a target price on the FTSE 100 / 250 at which point they'll buy more? I'm at about the correct shares vs cash position now but todays lows are starting to encourage me to take on more risk.

Do you juggle with knives as a hobby?

wotsthat

mwpt wrote: »

FTSE 100 below 5700 briefly again.

Anyone got a target price on the FTSE 100 / 250 at which point they'll buy more? I'm at about the correct shares vs cash position now but todays lows are starting to encourage me to take on more risk.

I buy more every month.

mayonnaise

FTSE up close to 10% since last Thursday, and no Graham_Devon thread about it.

mwpt

mayonnaise wrote: »

FTSE up close to 10% since last Thursday, and no Graham_Devon thread about it.

Just for the record, I did not buy for some more at the 5600 level I was looking at. Oh well.

Thrugelmir

mayonnaise wrote: »

FTSE up close to 10% since last Thursday, and no Graham_Devon thread about it.

Reporting season set soon to be in full swing. Plenty of juicy final dividends on offer. Let's see how the index fares come early summer.

wotsthat

mwpt wrote: »

Just for the record, I did not buy for some more at the 5600 level I was looking at. Oh well.

I did but only to mop up some dividends and a tax rebate.

My only bet is share prices will rise over the long term so, apart from the odd punt, I don't time the market. Every month and bonus I buy a piece of the market.

Generali

wotsthat wrote: »

I did but only to mop up some dividends and a tax rebate.

My only bet is share prices will rise over the long term so, apart from the odd punt, I don't time the market. Every month and bonus I buy a piece of the market.

It's the best way to invest IMHO. If you try to time the market you will inevitably get it wrong and most small investors that take an active approach end up buying high and selling low.

I put $800 into my pension every fortnight (I am paid fortnightly) come rain or shine. The lower the stock market is the more future dividends I can buy with my $800.