The EU: IN or OUT?

jimjames

JohnRo wrote: »

The banquet of unintended costs and consequences now begins.

On the plus side, my bets paid off! Silver lining and all that.

jimjames

Nocto wrote: »

P.S. I might not check my share portfolio for a few weeks!:eek:

If it's a well balanced portfolio then your US assets will have increased over 10%

Scarpacci

Anyone disappointed by the lack of companies on sale? The defensives are definitely living up to their name. Unilever, Glaxo, Reckitt, Diageo all holding up well. Since I'm not interested in house builders, banks or insurance companies, there's not much catching my eye on this dramatic day. Next is down 8% but actually isn't as much changed over the past month or two.

My ISA which has mainly U.S. stocks is actually up in value right now because of the currency moves. Some of that might disappear when Wall Street opens, but that bit of diversification seems to have steadied the portfolio.

aspiration_2

masonic wrote: »

So should we allow London to become the EU's newest city state, independent of the remainder of the UK? I think many Londoners are not committed to the rest of the UK.

London has a serious vested interest. This is where house prices have rocketed due to renting out dormitory type accommodation to unskilled immigrants as well as illegals. Hopefully house prices will be reasonable in the future.

savings_my_hobby

Kohoutek wrote: »

Okay, English (excluding London) and Welsh.

The SNP and Sinn Fein are already calling for referendum on Scotland and Northern Ireland.

Hope you wanted the breakup of the UK when you voted Leave.

The SNP and Sinn Fein always will, that's what they are for.

Former_MSE_Andrea

Hi all, if you want to see Martin's view on us leaving the EU read our news story:

Martin's reaction to Brexit: what will it mean for the economy, mortgages, savings and more?

maxie014

borders wrote: »

You could always move!!!

I shouldnt have to,it should be the same for everyone in the uk!

maxie014

Things cant be that bad,ive only lost 2.91% on my virtual trader account,had bigger falls last week lol.

Keep_pedalling

aspiration wrote: »

London has a serious vested interest. This is where house prices have rocketed due to renting out dormitory type accommodation to unskilled immigrants as well as illegals. Hopefully house prices will be reasonable in the future.

I doubt it. I live in another potential EU city state (Cambridge) where house prices are stupidly high, and I don't see that changing, migration certainly has that effect but its migration from other parts of the UK as well from overseas that is driving that, and it's the highly skilled and well paid jobs that are driving the prices plus a lack of new housing.

We might see a small decline in imigration but that will be coupled a slow down in house building and a weak pound may see more foreign investors buying up property, so for us and similar places I see no let up, this might not be the case for areas with stagnant house prices where I see more stagnation and posible decline.

veryintrigued

jimjames wrote: »

On the plus side, my bets paid off! Silver lining and all that.

Ditto - I even added to mine at 02:30hrs.