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Trump - Trade Wars/Crash

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Comments

  • dividendhero
    dividendhero Posts: 2,417 Forumite
    iglad wrote: »
    I reckon he's got people in the background working for him buying and selling as he knows a tweet can move a market.

    Me thinks you're 100% correct. Trump sees the presidency mainly in terms of its money making opportunities. Only question is whether he takes his orders from the money men or whether he passes the info onto them
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 5 August 2019 at 9:53PM
    IBM is still a Dow Jones listed company with over 300,000 staff and has over a century of history behind it ;)

    Bought the shares recently?

    For the record between 1985 and 1992. IBM shed some 140,000 jobs with the decline in it's mainframe business. In 1993 another 50,000 were laid off. Technology companies rise and wane.

    iPhone was only released in 2007. What's in the pipeline once handset upgrades fall away. Or competitors release something cutting edge that surpasses it.
  • iglad
    iglad Posts: 222 Forumite
    Part of the Furniture 100 Posts Photogenic
    Prism wrote: »
    So why sell today then? I thought you only bought in a few months ago?

    I prefer to take a reduced profit rather than see my investment turn into loss, as it means I can live to re-invest another day at a lower price.

    Yes the two funds I sold I only had for a few months but was never really that happy with them, so the market made the decision for me.
  • Alistair31
    Alistair31 Posts: 985 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    iglad wrote: »
    I prefer to take a reduced profit rather than see my investment turn into loss, as it means I can live to re-invest another day at a lower price.

    Yes the two funds I sold I only had for a few months but was never really that happy with them, so the market made the decision for me.

    At what point/price will you get back in then ?
  • doe808
    doe808 Posts: 452 Forumite
    Part of the Furniture 100 Posts Photogenic Name Dropper
    Thrugelmir wrote: »
    iPhone was only released in 2007. What's in the pipeline once handset upgrades fall away. Or competitors release something cutting edge that surpasses it.

    Credit cards and payment mechanics, seemingly, if you believe Apple.
    Total - £340.00

    wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book
  • iglad
    iglad Posts: 222 Forumite
    Part of the Furniture 100 Posts Photogenic
    edited 6 August 2019 at 2:46AM
    Alistair31 wrote: »
    At what point/price will you get back in then ?

    I am unable to say as I won't buying the same funds again but I have a couple more funds I might cash in and take the profits because I reckon the market will keep falling so I will probably cash out both of them.

    Asia markets tonight fell again those daily 2% falls start to add up. Also the US Dow Futures fall indicates a 630 point fall for the Dow Jones on Tuesday, so there's more bloodletting to come.

    Take your gains on your more volatile funds while you still have the chance.
  • lpgm
    lpgm Posts: 359 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    iglad wrote: »
    volatile

    By the end of the week, we might've seen the market crash, or reach dizzying new heights.
  • A_T
    A_T Posts: 975 Forumite
    Part of the Furniture 500 Posts Name Dropper
    For his own sake let's hope Trump is harvesting his twitter volatility to help pay off some of his enormous debts.
  • Prism
    Prism Posts: 3,861 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    iglad wrote: »
    I am unable to say as I won't buying the same funds again but I have a couple more funds I might cash in and take the profits because I reckon the market will keep falling so I will probably cash out both of them.

    I do think you have been buying the wrong funds if you are so quick to sell out on a small drop. Almost every equity fund is down a few % from last week. You said you sold out last year (I assume as things dropped), then bought back in march, and now starting to sell again. Doesn't sound like a plan for success to me. My advice is to find the funds you like and try and stick with them for a while longer than 4 months.
  • quirkydeptless
    quirkydeptless Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    'Tis tricky trading to Trump tweet tirades :think:
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
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