What % of your portfolio is in UK stocks?

benbay001

Or that the British companies are currently very cheap.

Perspective is everything.

[Deleted User]

As Neil Woodford says.

Thrugelmir

ZingPowZing wrote: »

Hindsight had nothing to do with it. The referendum of 23rd June 2016 caused the biggest one-day fall of any major currency since fixed-rates were abandoned.

And the relevance to US stock markets?

[Deleted User]

Thrugelmir wrote: »

And the relevance to US stock markets?

The performance gap between UK shares and funds, and US stock markets since the 2016 referendum is glaring but we're lagging behind just about every other index too (the Nikkei is 50% ahead over the same period).

UK is very much the odd man out but, as someone mentioned, it all depends on perspective. Every stock needs a buyer and a seller.

Thrugelmir

ZingPowZing wrote: »

The performance gap between UK shares and funds, and US stock markets since the 2016 referendum is glaring but we're lagging behind just about every other index too (the Nikkei is 50% ahead over the same period).

UK is very much the odd man out but, as someone mentioned, it all depends on perspective. Every stock needs a buyer and a seller.

Every market needs some FANGs. Without which the picture is somewhat different.

[Deleted User]

Without finding a Western country stock-market index that has performed quite as badly as the UK, second worst appears to be ISEQ, which has risen 28% since 01/07/2016.
Which fits perfectly if we correlate the relative performance of markets with the Brexit vote, since Ireland will be damaged by it more than other EU countries, but less than than the UK.
"Go raibh maith agat, Leavers"

Thrugelmir wrote: »

Every market needs some FANGs. Without which the picture is somewhat different.

Sure. Shame about the climate. Still, we have ARM don't we? Oh wait..

Prism

Over the short term the stock market tells you very little about that countries economy. It simply tells you about investors predictions about the longer term future of that economy, which doesn't really interest me. The same applies to currency. Brexit is having no effect yet on my investment decisions.

[Deleted User]

Prism wrote: »

Brexit is having no effect yet on my investment decisions.

Certainly having an effect on your investments, though.

MK62

ZingPowZing wrote: »

The performance gap between UK shares and funds, and US stock markets since the 2016 referendum is glaring but we're lagging behind just about every other index too (the Nikkei is 50% ahead over the same period).

UK is very much the odd man out but, as someone mentioned, it all depends on perspective. Every stock needs a buyer and a seller.

You are being very selective.....for instance, in the 3 years before the referendum, the FTSE AllShare was up about 9%, while the S&P500 was 36% up, and the Nikkei about 24% up....also "glaring"......so does this mean being in the EU was bad?

Prism

ZingPowZing wrote: »

Certainly having an effect on your investments, though.

Almost none that I can tell. I have one UK micro cap fund that holds companies which make their money in the UK which may be affected in the future depending entirely on what happens. Its possible that some of them might not of grown to the degree that they could have if there was more certainty but hard to tell.

Everything else I own is pretty much unaffected I would say. I think as individuals we will be worse off, but the large companies based in the UK will continue regardless