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Ouch! How things can change...

13567

Comments

  • purch
    purch Posts: 9,865 Forumite
    april 2008 when people convert their cash isa's to s&s isa's will pour alot of money into these areas. may help things pick up

    It'll take more than a few people with a few grand in an ISA to have any effect whatsoever on the Global equity markets...........they might be able to move the Icelandic bourse a couple of points if they all piled into that.....but that'll be about all !!!
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • cheerfulcat
    cheerfulcat Posts: 3,412 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    aspiration wrote: »
    What do you exactly mean by 'value based shares' ? Sometimes examples are the best indicators. Can you give some clear pointers please? Already several shares are named in the forum in general.

    I'm not Yant1 and am not sure what s/he ( sorry, Yant1 ) means by value based shares but value investing essentially involves identifying and buying shares in companies which seem under-valued. This may be because a sector is out of favour - for example, all banks have been sold off seemingly indiscriminately, without regard as to whether they are exposed to the current shenanigans. Or it may be that investors have exchanged " boring " stocks ( like utilities ) for more exciting ones ( like the tech stocks ). There is an excellent series of articles on value investing here. And a Value Investing board here.
    Could you name a few petroleum shares and I can do more research on them ?

    Try here.
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    Quite a few unit trusts claim to try to select undervalued companies within their brief and select companies with lowish PE ratings.
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    amcluesent wrote: »
    We've bought the feel-good factor on tick, the average Briton now owes £33,000

    The loss worldwide on sub-prime debt will near $400 BILLION. That's inevitably leading to a US recessions for several years.

    UK House prices are already dropping. And that's the start of the slide, a 25% drop is quite likely to return to long term ratios.

    Most skilled trades in the UK have been outsourced to manufacturing and IT centres in India and China

    Brown has hidden £50 BILLION in debt on PFI schemes, mortgaging tax-payers for 30 years.

    200,000 educated British people are now fleeing the UK every year.

    We are at or passed peak oil production, $100 barrel is here to stay. And China needs more and more of it!

    For Britain, severe, prolonged recession and stagflation from 2008 in inevitable with mass unemployment and social breakdown. :eek:

    Looks like it's time to get back in then.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    StevieJ wrote: »
    Looks like it's time to get back in then.

    Historically, in most cases, the best time to invest is when everyone has given up and thrown in the towel.
  • Its not the time to get back in to finance or property yet, despite the apparent cheapness the market will be overplaying the doom and gloom for years to come. Im still saying wait, dont worry ill tell you when its time.

    The figures reported this year will be mainly historical, and so seem better then the way things are heading. There will be a small rally but depending on how the economy plays out could hit big style 2008 + 2009. Many people are believing the US is heading for a major recession, this will eventually get passed to us.

    So id also say wait on investing in the stockmarket as a whole too unless your particularly seeking the right plays. It not a throw darts at the dart board blindfolded and make money kind of time right now.
  • URGENT JUST IN

    888 and PRTY markets going haywire, somethings afoot ;)
  • purch
    purch Posts: 9,865 Forumite
    Im still saying wait, dont worry ill tell you when its time.
    :rotfl: :j :rotfl:
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • I heard of a guy who bought a Gold Sovereign every month for his pension, then when he retired and needed money he cashed them in one at a time.

    I also read that during the Great Depression, the US government made it illegal for private individuals to hold gold and they used to raid people's safety deposit accounts to make sure they didn't have any. Gold being one fo the few commodities that held their value during the depression.

    Shares and money are just valueless bits of paper (and cotton), a gold coin has an intrinsic value. My advice is to buy gold, so that when the economy crashes, you will be rich, rich I tells ya!

    *DD is in an odd mood today*
    Mortgage Free in 3 Years (Apr 2007 / Currently / Δ Difference)
    [strike]● Interest Only Pt: £36,924.12 / £ - - - - 1.00 / Δ £36,923.12[/strike] - Paid off! Yay!! :)
    ● Home Extension: £48,468.07 / £44,435.42 / Δ £4032.65
    ● Repayment Part: £64,331.11 / £59,877.15 / Δ £4453.96
    Total Mortgage Debt: £149,723.30 / £104,313.57 / Δ £45,409.73
  • robp
    robp Posts: 221 Forumite
    I quite like the idea of investing some money in an Eco Fund of some sort.

    As governments keep pushing carbon footprints etc. any company working in this energy saving sector might do well in a few years.
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