Election impact on investments

MarkCarnage

don't share your confidence. There will be many months of negotiation on the huge amount of detail that is not included in the withdrawal agreement and many months of negotiating new trade deals with the rest of the world.

For months substitute years.....in both cases. The only way that the former will be expressed in months is if Boris bends over and takes it.....not a pretty thought I grant you.....the latter will not happen until there is clarity on the former. I think the 'Get Brexit Done' believers may live to regret their foolishness.

foofi22

MarkCarnage wrote: »

I think the 'Get Brexit Done' believers may live to regret their foolishness.

It will inevitably, somehow, be the fault of "remoaners"

MallyGirl

One-off good result in the Mally household. I have been trying to get DH to sell his sharesave holding since they matured in October. He has nodded along at the 'too many eggs in one basket' and 'don't hold investments in your employer' whilst doing nothing. Today the shares jumped to the highest they have been in the last couple of years so I stood over him while he sold at 50% more than option price.

michaels

Mistermeaner wrote: »

If you hold a globally weighted diverse portfolio (or indeed single global fund) I believe you would see it’s value dip on the basis of a stronger pound

This is good if still accumulating as you can now buy more foreign equity than you could before

On the other hand a stronger pound all other things being equal should mean lower prices for imports (eventually) so when buying imports the reduction in GBP value of overseas holding should be cancelled out by the fall in goods prices.

I did think about moving assets to try to hedge the election result but decided that the whole global diversification bit was already a hedge against a Lab/snp govt so moving to more of a GBP based position would cover one risk but leave me more exposed to another.

bostonerimus

I believe that the most significant part of the result is the surge by the SNP to 43 MPs. I've heard from liberal friends in the North East of England that they are thinking of moving to Edinburgh and hope/anticipate eventual Scottish independence. Of course if that ever happens the issues with cross border pensions and investments will have to be addressed.

shinytop

bostonerimus wrote: »

I believe that the most significant part of the result is the surge by the SNP to 43 MPs. I've heard from liberal friends in the North East of England that they are thinking of moving to Edinburgh and hope/anticipate eventual Scottish independence. Of course if that ever happens the issues with cross border pensions and investments will have to be addressed.

I doubt they'll be able to afford a house in Edinburgh.

[Deleted User]

bostonerimus wrote: »

I believe that the most significant part of the result is the surge by the SNP to 43 MPs. I've heard from liberal friends in the North East of England that they are thinking of moving to Edinburgh and hope/anticipate eventual Scottish independence. Of course if that ever happens the issues with cross border pensions and investments will have to be addressed.

I have trouble predicting the future but the most significant part of the result has to be the worst Labour performance since 1935. Worse than Michael Foot who had famously written the longest suicide note in history. And the fact people who had never imagined voting Tory did so and gave them the biggest majority in over 30 years. That’s not the end of the Corbyn’s movement but there is more to come.

As for the future... The market is often wrong but you bet against it at your peril. The market is very happy.

bostonerimus

shinytop wrote: »

I doubt they'll be able to afford a house in Edinburgh.

True, it's expensive, but there is always the Borders, although they are still a bit Tory.

bostonerimus

....ps. I just had a WhatsApp from a friend in London...it was "I'm moving to Dublin". People say these things but rarely act on them.

bostonerimus

Deleted_User wrote: »

I have trouble predicting the future but the most significant part of the result has to be the worst Labour performance since 1935. Worse than Michael Foot who had famously written the longest suicide note in history. And the fact people who had never imagined voting Tory did so and gave them the biggest majority in over 30 years. That’s not the end of the Corbyn’s movement but there is more to come.

As for the future... The market is often wrong but you bet against it at your peril. The market is very happy.

Corbyn was a disaster. I never like him, but the worst of it is that he's proved Tony Blair right. He needs to go quickly. I like Keir Starmer, but he will have to over come Momentum....anyone from the center will have to do that.