Liquidate entire portfolio until virus is over?

masonic

Thrugelmir said:

masonic said:

Thrugelmir said:

ProDave said:

I am sensing resistance for the FTSE100 to go below 5000. Each time it does, briefly, by just a little, it comes back up.

IF this trend continues for a few weeks I might just start buying, just a little.

Trackers by their very nature will be reinvesting dividends received back into the market. This will provide support when trading volumes are low. 

Surely like most funds, trackers have Acc and Inc unit classes. It's not whether a fund is active or passive that dictates reinvestment of dividends, it's whether it is distributing or accumulating.

Trackers (accum) buy the entire market i.e. every stock regardless. Prices will naturally edge upwards when there's large buy orders coming through. Market makers will be aware of who is in the market buying. 

Ok, I see your point now

Carteman

Hi all. Don’t know if this post is in the right area but I’ll shoot anyway, got savings spread over several different institutions my question being with such uncertainty with this pandemic how guaranteed is our money in the banks even with the fscs. If things go really bad is there any guarantees that we would get our money back. I am talking worst case scenario but we don’t know what we’re facing here. 

Thrugelmir

Carteman said:

Hi all. Don’t know if this post is in the right area but I’ll shoot anyway, got savings spread over several different institutions my question being with such uncertainty with this pandemic how guaranteed is our money in the banks even with the fscs. If things go really bad is there any guarantees that we would get our money back. I am talking worst case scenario but we don’t know what we’re facing here. 

This recent thread should answer your question. 
https://forums.moneysavingexpert.com/discussion/6115857/worth-of-fscs-when-govt-coffers-emptied/p1

worldtraveller

GBP V USD hit a daily low of USD1.1757 earlier, but has recovered at little now. Still, it's the lowest it's been since 1985!

quirkydeptless

worldtraveller said:

GBP V USD hit a daily low of USD1.1757 earlier, but has recovered at little now. Still, it's the lowest it's been since 1985!

This could be a buying opportunity for £

... looks at currency in wallet ... doh!

Thrugelmir

quirkydeptless said:

worldtraveller said:

GBP V USD hit a daily low of USD1.1757 earlier, but has recovered at little now. Still, it's the lowest it's been since 1985!

This could be a buying opportunity for £

... looks at currency in wallet ... doh!

Makes the oil majors more attractive despite their very obvious short term problems. 

snooloui

Whoops. US markets are temporarily closed again and the Dow is currently below the level it was at when Trump became President.

Ciprico

The Trump Thump has become the the Trump Dump....
But let's not give up on the genius - I'm sure he still has more to offer...
Has he officially blamed Europe yet for the pandemic, and our bizarre diet of eating bats, civet cats and penguins !

Thrugelmir

123mat123 said:

The Trump Thump has become the the Trump Dump....
But let's not give up on the genius - I'm sure he still has more to offer...
Has he officially blamed Europe yet for the pandemic, and our bizarre diet of eating bats, civet cats and penguins !

Be prepared for another term. 

worldtraveller

worldtraveller said:

GBP V USD hit a daily low of USD1.1757 earlier, but has recovered at little now. Still, it's the lowest it's been since 1985!

Now a low of USD1.1448 today, but has recovered slightly to current USD1.1590, but still, basically, tanked!