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  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    'Yes Prime Minister' sketch for those that aren't familiar.....

    https://youtu.be/DGscoaUWW2M

    LOL! Yes, a classic indeed and it reminded me well of a lecturer that used those same descriptions, including the Sun readers, to a mixed class, when I was at university in the late 70's. No way would he have got away with that today! :D
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
  • Wow, anyone would think this was a full blown crash already...
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    DairyQueen wrote: »
    It looks to me like the big guys are taking profits and will re-invest those in a shortish timescale.

    To sell there needs to be a buyer. Prices do move without any actual trades.
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Wow, anyone would think this was a full blown crash already...

    We haven't moved onto Thatcher and Monty Python yet. If that happens you know some serious wealth has been destroyed.

    Alex
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    MarcoM wrote: »
    I always thought socialists don't do sarcasm

    I'm not a socialist.
    I just believe in representing them truthfully.
    Oh and I don't think the Guardian Editor is against share dealing either because they have a section on it with share tips.
    (Don't know how they compare with other newspaper share tips as I don't read them)
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • TBC15
    TBC15 Posts: 1,495 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Do the tracker funds exacerbate these occasional corrections, I,e selling off because the sheep in front sold off?
  • Alexland
    Alexland Posts: 10,183 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 6 February 2018 at 2:30PM
    Just moved a small Nutmeg account up a risk notch from 3 to 4 out of 5 but they only trade ETFs twice a week so no immediate effect. Still plenty of fuel in the tank incase this gets nasty.

    Caveat - these are all long term investments and I am still well within my target risk range. Happy to run with increased equities exposure until the recovery is complete whenever that may be.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    dunstonh wrote: »
    The remit of the Guardian is to paint a pretty bleak picture [of everything that is not left wing]. That is what it's readership want. They want to know the world is awful and the UK is wrong at everything and that we should all be atoning for our ancestors and we are all doomed unless Labour is in power.

    Each paper has a target market. The famous Yes Prime Minister sketch still works today. Although some of the papers have gone more extremist.

    Yes, but UK politics has been drifting to the right over the last 40 years. What we call 'Socialist' policies like having the railways in public ownership are mainstream across the channel (where the railways are cheaper and better)
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • talexuser
    talexuser Posts: 3,531 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Glen_Clark wrote: »
    'Socialist' policies

    Let alone having to bail out the banks to allow free market economics to continue!
  • Filo25
    Filo25 Posts: 2,140 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Glen_Clark wrote: »
    Yes, but UK politics has been drifting to the right over the last 40 years. What we call 'Socialist' policies like having the railways in public ownership are mainstream across the channel (where the railways are cheaper and better)

    I would say the main reason railways are better and cheaper on the continent is that they are generally more heavily subsidised.
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