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Autumn Stock Market Crashes / Second wave

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  • hoc
    hoc Posts: 586 Forumite
    Ninth Anniversary 500 Posts Name Dropper Photogenic
    Shock, horror, FTSE below 6000 and end of Trading Today :o:#:o:#

    ;)


    Anyone who is over exposed to the FTSE100 knows something everyone doesn't or is a bit clueless about diversification.

    Go global - get rich at leisure.
    More than happy with my FTSE100 shares.  The yield alone makes them worth buying. Better than being overly dependent on the performance of a just handful of very expensive overseas shares. 




    Which FTSE100 shares specifically are in your portfolio?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    hoc said:
    Shock, horror, FTSE below 6000 and end of Trading Today :o:#:o:#

    ;)


    Anyone who is over exposed to the FTSE100 knows something everyone doesn't or is a bit clueless about diversification.

    Go global - get rich at leisure.
    More than happy with my FTSE100 shares.  The yield alone makes them worth buying. Better than being overly dependent on the performance of a just handful of very expensive overseas shares. 




    Which FTSE100 shares specifically are in your portfolio?
    Direct Holdings - Legal & General, Coca Cola, Phoenix, GSK, Pennon, Unilever, LSE, SMT, Pru and Relx. 
  • sebtomato
    sebtomato Posts: 1,119 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    edited 22 September 2020 at 9:07AM
    sebtomato said:
    As a second Covid-19 wave in the Autumn/Winter looks very likely, I guess we can brace ourselves for another stock market crash.
    But wasn't the stock market crash caused by the lockdown? Some countries have hardly stopped working at all, the UK cannot afford another lockdown.
    I don't believe another COVID wave will happen, not in the same numbers. But what effect will 50,000 vulnerable people dying of COVID have? Could it save the NHS money in the long run?
    Are you still not convinced another COVID wave will happen? Sounds like my "crystal ball" was more to do with logic/common sense...
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