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

masonic

BananaRepublic wrote: »

Your last two posts are the equivalent of childish name calling. If you have something substantive to say, then I might comment.

Well you did comment, so what conclusion should I draw from that?

Given your propensity to see personal insult where there is none, I expect that interpretation from you. Unlike you, I won't take your post as a personal insult and I don't take it to mean that I am personally childish and unsubstantive.

DiggerUK

So.....stock markets, are we near the bottom, or are we growing up..._

Pincher

The problem is, what do you do with your money while you are waiting for the crash?


This local person is getting 1.7% with Nationwide. Three months notice, for deposits greater than £1million. He finds it TOO LOW, so is on a spending spree, buying up properties before the 31st March stamp duty deadline, on second properties.


I went to my HSBC Premier Relations Manager.
NOTHING! Not that I have a £1million, but no deals for sizable deposit anyway. Any one on Private Banking? Any deals there?

Finance_Apprentice

Hi everyone,
I am a great believer in the phrase 'It's time in the marker rather than timing the market' Try to stay invested for as long as possible. If you are sensibly diversified and have a portfolio which represents your own risk profile (growth vs. income) history tells us you will outperform cash and market timers over the long run. Stay patient and reinvest those dividends.

bowlhead99

Pincher wrote: »

The problem is, what do you do with your money while you are waiting for the crash?

The traditional thing to do if you are waiting for a crash is move your money to things that you expect will crash less, or to cash - taking the risk that your wealth will be left far behind that of the other people who did not share your view, if the crash does not materialise soon.

This local person is getting 1.7% with Nationwide. Three months notice, for deposits greater than £1million. He finds it TOO LOW, so is on a spending spree, buying up properties before the 31st March stamp duty deadline, on second properties.

That seems a little ridiculous, to buy a portfolio of properties as an alternative to a three-month bank account. Though the yield may be higher, they have rather different attributes. And buying in a market which is >3% higher because it's thick with demand from private landlords looking to 'beat' a stamp duty deadline, may well turn out to be a false economy.

I went to my HSBC Premier Relations Manager.
NOTHING! Not that I have a £1million, but no deals for sizable deposit anyway. Any one on Private Banking? Any deals there?

The published rates for normal savings accounts with Private have generally been the same as for Premier. You need £3m to play.

I very much doubt they have anything that betters 1.7% for a million on a 3-month notice deposit, because that would just be them giving you a free £10,000 in excess of 3-month libor (which is not much over 0.6%)

sabretoothtigger

BananaRepublic wrote: »

k caution is required for Japan and China

Japan has its biggest problems in its national debt outweighing a declining population. Nothing is likely to change the direction of those two things, the biggest effect will be on currency.

If you borrow Yen to hold Japanese stocks then you should see a profit as we all know so much of their business is global not so reliant on just its own economy.

China is tied to the dollar at present which has risen. Their case is not as extreme, I see them as possibly having a stronger currency long term in comparison to investments. This could be the harder market to realise a profit in

veryintrigued

Be interesting to see how the markets open after the Germany local elections.

Mind you some bright spark will tell us that 'its already built into the market'.....again.

Mission193

Guys seriously

Stop waiting for a crash and look for oppertunity. I invested in oil futures 3 weeks ago and made 45percent in 3 weeks.

I would advice oil to anyone look at pre historic charts same as housing bubble. Supply and demand.

Invest in oil

masonic

Mission193 wrote: »

I would advice oil to anyone look at pre historic charts same as housing bubble. Supply and demand.

Prehistoric charts are unlikely to be too revealing. Oil didn't really take off as a commodity until the industrial revolution.

Mission193

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