stockmarkets -are we nearing the bottom or is there further to go ??

[Deleted User]

I am out, all sold this morning by 9 15 am. 18 stocks and 100% in cash now

Glen_Clark

bowlhead99 wrote: »

Yes.

There is always good, bad, and indifferent news on the horizon. That is generally why investors earn money from investments over time. Dividends and value growth are the rewards, the compensation, for accepting the risk that the next news about your investment might be good, bad, or indifferent.

But there is usually always good news on the horizon just like there is bad ; what changes from time to time are the relative strength of the different types of news and the distance to the next horizon on which the news is coming.

What is the good news on the horizon for property? Are you expecting lower mortgage rates, perhaps a reversal of the stamp duty changes, a reversal of the recent rules on interest cost deductibility?

Or perhaps you forsee an increase in international demand for UK property due to massive strong growth in Chinese wealth, or greater immigration into UK following an exit from the EU?

Supply and Demand

Supply remains severely restricted by the world's most onerous planning system, most of the land area out of bounds due to Green Belt, National Park, Wild Bird Habitat. Site of Special Scientific Interest, National Trust, or some other excuse - and what little is available for building has to be approved by local nimbys, with the homeless getting no vote.

Demand - this is where you need inside knowlege (maybe hire a 'self employed' MP ) How much more taxpayers cash can Osborne borrow to throw at his housing market interventions, and the housing benefit needed to bring wages up to the level of rents?

nb73

Kittie thanks for the update. Gut feeling, or was it always the plan to sell at this point?

Glen_Clark

kittie wrote: »

I am out, all sold this morning by 9 15 am. 18 stocks and 100% in cash now

:cool: Makes a pleasant change for posters to tell us what they have done when they do it. We usually get something on the lines of 'I bought when prices were low' or 'I sold when prices were high'

jimjames

Belfastbelle wrote: »

I'm so tempted to sell and invest in property.

Is it because property never drops in value? Or is 1989-1997 out of your memory?

2010

kittie wrote: »

I am out, all sold this morning by 9 15 am. 18 stocks and 100% in cash now

Good for you kittie.

I don`t know about sell the lot because it depends on your age and circumstances, mines mainly in cash now as well.

Things look really crap now and in the near future.

The EU referendum
The migrant crisis
China slowdown
Oil price slump
DEBT everwhere, not just indeviduals but countries
Donald Trump or Hillary Clinton
The Euro
Iran,Iraq,ISIS,Russia,Syria,N Korea
Idiot politicions,corrupt politicions, corrupt EU officials.

I don`t know about "sell in May and go away".
Sell now and sleep easier.

[Deleted User]

I tend to position trade 2010, everything is in the sipp and is in drawdown, was inherited from my husband a year ago and I have managed it since 2006 for him, always position trading, prior to that was ukx and dow trading. I agree that things look crap globally and so much uncertainty in the uk and europe right now. I tend to be pretty decisive with stocks, I don`t dither and everything was pointing to sell for me right now

I just saw another article, uk is on track for a spectacular attack according to media and also there are bubbles galore, just ripe and ready to burst

By position trade I mean buy low and sell high, I always get more shares for the money and have built the portfolio up over time, by this position trading. I even sold a cash cow last month, standard chartered perpetual, they were dropping over 11% into my account every year but they have a call in 2016 and are the bottom of the heap if anything happens to the bank

btw I agree with everything 2010 says

nb73

2010 wrote: »

Things look really crap now and in the near future.

The EU referendum
The migrant crisis
China slowdown
Oil price slump
DEBT everwhere, not just indeviduals but countries
Donald Trump or Hillary Clinton
The Euro
Iran,Iraq,ISIS,Russia,Syria,N Korea
Idiot politicions,corrupt politicions, corrupt EU officials.

I don`t know about "sell in May and go away".
Sell now and sleep easier.

None of these things are new. The oil slump & Chinese slowdown have already happened so you could argue the future looks brighter than it did a year ago.

Malthusian

Everybody already knows about those things. Why do you believe that your insight into those issues is better than the aggregate of worldwide financial institutions; why do you think they haven't already been priced in?

N1AK

Malthusian wrote: »

Everybody already knows about those things. Why do you believe that your insight into those issues is better than the aggregate of worldwide financial institutions; why do you think they haven't already been priced in?

Exactly the same question I've never seen a compelling answer to :T the market is already accounting for everyone who has sold out due to concerns like these (inc kittie). Things don't just have to get worse, they have to get worse than the aggregate opinion of the market expects.

The FTSE 100 is already back around where it was just before Christmas, which is reason enough to reconsider the opinions of some on here who saw selling back in January as the only way to avoid "the crash".