Next recession, trade wars, up to 50% portfolio losses

Prism

Filo25 wrote: »

To be fair it is probably a lot Tech heavier than most other small company funds!

Out of interest which regional funds do you use for small cap, I'm always on the lookout for new ideas

Its more mid to small cap for me. I have Threadneedle European Smaller Companies, Legg Mason IF Japan and Old Mutual UK Mid Cap. My wife has Liontrust UK Smaller Companies.

I also include Fundsmith Feet as a mainly mid size cap EM fund as they list the average company size as 2.7bn although Morningstar rates it as large.

Prism

TBC15 wrote: »

Any idea why it went a bit south for them in Jan 16?

Unsure really. I moved my pension and bought a bunch of funds in feb 2016 which was when I got it. I probably wouldnt have noticed as I tend to not look at recent performance.

Filo25

Prism wrote: »

Its more mid to small cap for me. I have Threadneedle European Smaller Companies, Legg Mason IF Japan and Old Mutual UK Mid Cap. My wife has Liontrust UK Smaller Companies.

I also include Fundsmith Feet as a mainly mid size cap EM fund as they list the average company size as 2.7bn although Morningstar rates it as large.

Hold 2 of those as well (OM Mid Cap and Legg Mason)

ANGLICANPAT

This has been doing the rounds on FB, and worries me some - I was already aware about the problems with RBS but hadnt realized the extent of the problem till I saw this. Looks quite bad , and I wondered if it would affect investments much - but perhaps storm in a T cup?Surprised Teresa May hasnt answered the letter sent to her.

https://www.rt.com/shows/renegade-inc/422961-scotland-bank-economic-taxpayer/

JohnRo

It's not like the banks have ever behaved criminally or caused problems before after all..

It's clearly referring to the systemic, institutional concealment of the facts that keep things suppressed until the lid blows off.

It's also clear people have been driven to suicide by these crooks. I very much doubt Neil Mitchell has the slightest interest in Putin's propaganda machine.

Superscrooge

ANGLICANPAT wrote: »

This has been doing the rounds on FB, and worries me some - I was already aware about the problems with RBS but hadnt realized the extent of the problem till I saw this. Looks quite bad , and I wondered if it would affect investments much - but perhaps storm in a T cup?Surprised Teresa May hasnt answered the letter sent to her.

https://www.rt.com/shows/renegade-inc/422961-scotland-bank-economic-taxpayer/

You do realise that RT is publically financed from the budget of the Russian Federation?
https://www.rt.com/about-us/

Hardly the most reliable source!

JohnRo

It's an unfolding scandal and one the FT and Telegraph amongst others have been reporting on since early this year. I'm reasonably confident they aren't on Putin's payroll?

ANGLICANPAT

JohnRo wrote: »

It's an unfolding scandal and one the FT and Telegraph amongst others have been reporting on since early this year. I'm reasonably confident they aren't on Putin's payroll?

The sudden escalation of the situation hasnt really been picked up by the UK media yet. People are only remembering Neil Mitchells case got thrown out of court last year. Now his extensive research and tenacity has finally provided the vital evidence he needed hence the full interview on RT a few days ago.. I dont believe that what he's saying is influenced by the Russians , although if we are in the poo, Im sure RT is delighted to be broadcasting it .If Neil Mitchells information is correct, no-one can deny it does sound worrying .

Lets say it IS all true and as big as the article makes it sound, how much would it impact on the economy and our investments etc?

JohnRo

There's no doubt RT are making hay with it, they wouldn't be doing their job properly if they weren't but that doesn't negate the story or mean it's not a serious matter. Anyone who can't entertain a channel like RT because it's propaganda is clearly oblivious to the irony.

It provides a much needed counter to some of the good wholesome western propaganda and lopsided views at ten folks are expected to swallow whole, as well as some events that are ignored completely. I don't watch it very often but not allergic to it either in moderation.

It sounds like the same problems are repeating, omnipotent bankers, competent regulators being bought off and brought in house etc. the whole cesspit hasn't changed much if at all since the last time they brought the financial world to it's knees, held the economy to ransom and then walked off with a pile of loot.

As for impact, who knows, it'll likely take a US investigation to get to the bottom of it, this country is institutionally corrupt to the point it's difficult to know which way is up, they'll probably just end up paying a huge [strike]fine[/strike] bribe and carry on like all the other banks do that are too big to fail.

I don't think it'll cause a problem to the global economy in itself since the GRG is no longer around but they're still at it under a different guise so who knows. It'll probably end up being played out as a PPI v2 scandal or something but it's going to really sting the 'UK taxpayer' one way or another if the apparent scale of it is anything like accurate.

What's really needed is the same thing that was needed in 2008, fat chance of that.

RobStaffs

I still think the FTSE will be closer to 8000 by the end of the year.