Selling everything when the market reaches a new all time high

chucknorris

EdGasket wrote: »

So you think it's OK to make fun of manslaughter and can't take a joke yourself? I never called you anything in that post anyway; must be the time of the month or something!

Sorry I didn't realise that you were thick, the comment about manslaughter was obviously not aimed at any particular individual, and is part of a whole internet joke ethos about (the real) Chuck Norris, they are not my words! They one of 100's of joke phrases about the real Chuck Norris.

Thrugelmir

Superscrooge wrote: »

Did anyone take their advice?

So on the basis that stock markets have actually risen rather than fallen. There's nothing to be concerned about as investors. :think:

bowlhead99

chucknorris wrote: »

They one of 100's of joke phrases about the real Chuck Norris.

Wait, "the *real* Chuck Norris"?!

Are you saying you're not the Chuck Norris off the films? I thought we were brushing with real celebrity in here.

Am disappoint.

economic

BrockStoker wrote: »

Biotech is correcting (again). I might top up with a buy tomorrow, although I'm still in two minds. Tomorrow might already be too late to get the best price, but should still be OK hopefully.

did you buy?

worldtraveller

Superscrooge wrote: »

Does anyone remember this headline from 12 months ago?

http://www.telegraph.co.uk/business/2016/02/11/rbs-cries-sell-everything-as-deflationary-crisis-nears/

Did anyone take their advice?

No. What total, usual, ivory-towered, city economist clowns! No change there then!

At that time, and just before, I was filling my boots with commodity stocks, mainly through commodity funds such as First State Global Resources & BlackRock Natural Resources , which have subsequently given me an average return of around 90% in the year since the date of that article.

http://forums.moneysavingexpert.com/showpost.php?p=70212885&postcount=33

chucknorris

bowlhead99 wrote: »

Wait, "the *real* Chuck Norris"?!

Are you saying you're not the Chuck Norris off the films? I thought we were brushing with real celebrity in here.

Am disappoint.

I chose Chuck Norris as my ID because on a chess forum that I partake in, it listed loads of one-liner jokes about him, which I thought were quite funny, a few of them were aimed at his poor acting ability. But in realty, acting is only his secondary profession, he was the world karate champion many times (6 springs to mind, but I can't be bothered to google it), a level of proficiency that I couldn't ever dream of achieving.

BrockStoker

economic wrote: »

did you buy?

I didn't. Firstly by then it was too late, and secondly it was only a small correction, so not really worth the trouble. The healthcare fund is still down a significant amount however, but I'm more interested in topping up the biotech specialists.

It seems that the more Trump rants about big pharma, the less notice they take. I personally think his bark is worse than his bite, so biotech/healthcare remains a great opportunity over the long term, especially if you can buy in a dip.

This chart I setup might be of some use to you:
https://www.trustnet.com/Tools/Charting.aspx?typeCode=T_FAKR0,XT:BIO,O_FFRBIO,O_FJTYI,T_FITFWP


Edit: for some reason the link above has become truncated and is therefore not showing the Polar Capital biotech fund, for me at least. Copy and paste the following code at the end of the url (no gaps) to add the Polar Capital biotech fund to the chart: ,T_FITFWP

bowlhead99

FWIW I like healthcare for the longer term and bought the new BB healthcare investment trust on launch in my pension a couple of months back (up 5% straight away and over 7% by now so I have already taken a bit out of it this week as I bought more than I really need).

It's broader health rather than Bio but is a change from the largely "big pharma" stuff you get in the index trackers.

Within my property stuff in the pension I also have Primary Healthcare Properties and Target Healthcare Reit ; both sector specific and hopefully less tied to "wider economy" stuff like warehouses and shopping centres and big office blocks, as we navigate Brexit. We shall see!

EdGasket

bowlhead99 Have you considered Assura (AGR) who lease out health centres and I've always thought more sound than PHP, and U&I (UAI) which is way below asset value (though has a few shopping centres I expect)? I've been in and out of Target but they are trading above NAV and have yet to report a year of paying the Living wage or whatever it's called now plus there is more pressure on to improve standards in care homes which comes at a cost.

Ray_Singh-Blue

EdGasket wrote: »

Have you considered Assura (AGR) who lease out health centres, you scoundrel of low repute, you pustulant abomination, you thrice-cursed mongrel?

..........:)