Investing after Brexit

VeryMan

hello!
what investing do you suggest after Brexit?

do you think that London property investment will be wise? I think as London will become less attractive and easy to come and work at, there will be less demand and prices will fall

Do you think UK banks will offer better interest rates to keep money?

anything else?

kingrulzuk

VeryMan wrote: »

hello!
what investing do you suggest after Brexit?

do you think that London property investment will be wise? I think as London will become less attractive and easy to come and work at, there will be less demand and prices will fall

Do you think UK banks will offer better interest rates to keep money?

anything else?

I'm still wondering what did you do with your £150,000 that you said you wanted to invest?

jimjames

VeryMan wrote: »

Do you think UK banks will offer better interest rates to keep money?

anything else?

Interest rates may go down not up.
If you're investing long term then drops in worldwide markets would be good

Dird

Short the UK

El_Selb

Reading with interest... got my £100 to make back!

atush

I'd be buying shares I liked last week at cheaper prices?

bigadaj

It'll be interesting to see the actual outcome in the markets.

For most of the ,sat ten years we've had qe and funny money affecting the whole economic scenario, good economic data being released and leading to a drop in markets in the basis that it makes a rise in interest rates more likely.

Should think the Japanese are furious given the rise in teh yen, which they we complaining about last week.

We've had all major currencies in a Desperate race to the bottom, so the effects of a weakening pound will be interesting to see, particularly on the response from the fed and the Ecb as much as the boe.

dunstonh

I think as London will become less attractive and easy to come and work at, there will be less demand and prices will fall

The value of London property just fell on the global property market. That makes it more desirable to overseas buyers.

Do you think UK banks will offer better interest rates to keep money?

That is savings, not investing.

Scarpacci

The performance of some defensive stocks today is interesting. Stocks like Unilever, GSK, Reckitt (does it ever fall?), Diageo. They were down only a little to begin with - certainly living up to their defensive name, and now they're actually up. Obviously there's issues over a flight to safety and the fact these companies actually benefit from a weak pound, playing a part. In many ways they should be up, but some times it's hard in the market for that sort of read through to factor in to the prices on a day like this.

In any resulting market turmoil, like today, I would have hoped to pick some of those companies up at great prices. Now I might just have to settle for fair prices. Right now, and obviously we're early in this drama, I don't think I'll be investing any differently than I otherwise would have. I'm mainly attracted to defensive companies I have some chance of understanding, so the big fallers aren't necessarily piquing my interest.

One thing that was mentioned elsewhere but I don't know if's been covered yet - the weakness of the pound could unleash a buying frenzy by foreign investors for UK companies, at least once the dust settles. I don't buy anything expecting a take over but it's something to pay attention to. In many ways, if you've found a good company, a takeover is probably the last thing you want, but hey ho.

TheTracker

Dird wrote: »

Short the UK

Or, perhaps wake up and reduce Home Bias. Given the drop in sterling, global markets were up today. VWRL up 3.5%. Talk of finding defensive stocks is frankly laughable.

Dird

TheTracker wrote: »

Or, perhaps wake up and reduce Home Bias. Given the drop in sterling, global markets were up today. VWRL up 3.5%. Talk of finding defensive stocks is frankly laughable.

I wasn't joking at all