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

masonic

2010 wrote: »

What`s wrong with hyperinflation.
Mortgages at 15%, savings at 10%.
You could buy a decent house for £40k which would now cost £250k.

Great days, bring them back.

Inflation rising at rates more usually associated with a Wonga loan, while wages go nowhere - yes, that's just what we need.

racing_blue

kittie wrote: »

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

Kittie thanks for your insights. I wonder, when market timing like this, how many times out of 10 do you need to be correct, to compensate for round trip cost of buying + selling those 18 shares, including stamp duty? 6 or 7?

My trades this year so far:
VANGUARD FTSE ALL WORLD UCITS ETF 27-01-2016 Buy 211 - £8,968.64
BLACKROCK WORLD MINING TRUST PLC 13-01-2016 Buy 1186 - £1,999.33
VANGUARD FTSE 100 UCITS ETF 13-01-2016 Buy 74 - £1,981.08

No plans to sell anything at present.

BananaRepublic

bowlhead99 wrote: »

That's true, but of course the market doesn't know everything, which is why it moves at all.

The market tends to know what it sees. If you have insight into a company, you may reasonably forecast likely good gains ahead, and buy in. You take risk, and you might lose, perhaps because of events beyond your control, such as the government cutting subsidies for solar energy after you buy shares in a solar cell company. Spread your bets over many companies, and with luck you gain. Of course I'm telling you what you know.

Some of us are lazy and allow the find manager to do the research and with luck she does a good job. Or we buy trackers. I must admit I've never wanted to buy individual shares, it's too close to gambling for my taste.

BananaRepublic

Glen_Clark wrote: »

I'm not confident about equities either. I keep them because I am less confident about Sterling cash. If the Government keep borrowing and wasting at this rate, hyperinflation is inevitable. When that happens the last thing I want to be holding is cash.

I'm trying to decide which of these is appropriate for you:

https://www.youtube.com/watch?v=9EH1G4EwljM

Or:

https://www.youtube.com/watch?v=Z9t_KDGqOmE

I think the second one.

[Deleted User]

racing_blue wrote: »

how many times out of 10 do you need to be correct, to compensate for round trip cost of buying + selling those 18 shares, including stamp duty? 6 or 7?

This is a very interesting and important question. Selling is, for me, divorced from buying back costs. Buying back always involves all costs ie I do a breakdown and ensure that I always get more shares for the total cost of each individual share. Consequently I might go back to shares sold months ago, in order to keep my money working for me

I make mostly big trades these days btw, having worked up from 6k trades in the long distant past. I sold the 18 shares, 12 were in good profit, out of the six left, four were small share holdings, one at a 9% loss but loss was just in the hundreds, two were large holdings but not with big losses, the most was just under 2k. The best profits were 7k and 6k. If all my shares were at a loss and indicators and objectivity were cranking my selling buttons, then I would sell all at a stroke, which I have done in the past.

I only ever have a few small companies these days, having to be risk averse. I do like a few to satisfy my `risky`side but only in small dollops, apart from HSW, which did give me good profit but risk/reward were too skewed to hold tbh

Am keeping away from screen watching now, back to mundane house stuff, haha, I have to laugh, I took my husbands pension pot on, having learnt all about pension terminology etc and just before A day and with his blessing, taking it through vesting. My male neighbour said` oh don`t you think you should leave this to a man` ie someone in a suit. I have saved a fortune by doing the financial stuff and besides that have had ultimate asset security and flexibility. Just takes a bit of study and confidence

2010

masonic wrote: »

Inflation rising at rates more usually associated with a Wonga loan, while wages go nowhere - yes, that's just what we need.

I can remember years ago politicians looked towards Japan and admired it`s low (2%) inflation rate and said this is what we needed to achieve.
Well it`s not done Japan much good in the long term and we have hardly boomed, except in G.Brown`s mind.
But that also proved an illusion.

An artificial .5% bank rate for seven years, printing artificial money by the billions and massive debt encouraged by the BoE and politicians has really helped,hasn`t it?

It`s a mess and probably can never be fixed.

[Deleted User]

fascinating watching the ukx realtime graph, seeing where the trading programmes kick in. The sideways range is 6137 to 6114 but the range is getting tighter and so may likely explode one way or the other. I use sharescope, used to have updata, when I could afford it, before that was the free site.

Definitely going to stop watching, except at tea breaks

2010

kittie wrote: »

fascinating watching the ukx realtime graph, seeing where the trading programmes kick in. The sideways range is 6137 to 6114 but the range is getting tighter and so may likely explode one way or the other. I use sharescope, used to have updata, when I could afford it, before that was the free site.

Definitely going to stop watching, except at tea breaks

Kittie, you`re obviously a very keen investor and know what you`re doing.
All that these days would drive me mad, I`m now for the quiet life and mainly out of it.

Great days in the run up to the millenium though, buy in the morning, sell in the afternoon and make profits.
Didn`t seem to matter what you bought

---

they went UP.
Happy days gone forever.:)

Nothing to look forward to near term, except the roll-a-coaster, which I`m not sitting on. :eek:

[Deleted User]

I`ll be out of it too one day 2010 but happy to be building the sipp up for now, already got enough for pensions for our three, younger generation and so much harder for them. Husband died feb 2015 and sippdeal were utterly fantastic, told me about deferring a decision until after april, which I did. Now can remove any amount from the sipp tax free as dh was 67 and anyone I nominate can do the same if I pop my clogs before age 75, not wanting to do that though. This is coming from zero, very poor family as a child. Maybe it is my capricorn birth sign

Started by trading pennies, honest I did, that was better than paper trading as there were actual monies to lose. I saw people become stony broke and lose their homes and redundancy packages by day trading, esp the dow which is up and down in a blink. Went on courses held by good people, David Linton, Jeremy du plessis, Boss from moneyam. Once lost £40k when HEC pulled the plug and I had shares, so then I traded more frequently to make it up

It was a hard learning curve but learn I did and the current method serves me well, however I have to be more conservative now and never gung ho. I think over the years I have developed an eye and can kind of look at charts and get the picture, enough for me anyway. I don`t have a crystal ball, I just go by what I see. I never manage to follow the trend to the end but am happy to get the bit in the middle and it adds up over time

If anything is to be learnt it is never to put at risk what you cannot afford to lose

2010

Kittie, I wish you well in everything you do.