Economy crash =/= stock market crash?

Type_45

It's not "up and down" though. The trend is down. 

Zola.

Thats good for us younger folk in the wealth building phase. 

Swipe

Zola. said:

Thats good for us younger folk in the wealth building phase. 

But not good for us retirees.

Zola.

Did your portfolio get rebalanced in good time to suit your retiree status?

Type_45

A 500g tub of Lurpak in my local Tesco is now £5.05.

Food inflation will get a whole lot worse. 

Swipe

Zola. said:

Did your portfolio get rebalanced in good time to suit your retiree status?

I'm 40% cash so well placed for any big downturn.

grumiofoundation

Type_45 said:

A 500g tub of Lurpak in my local Tesco is now £5.05.

Food inflation will get a whole lot worse. 

£4.49 - thats an 11% drop for you for you, I know how you love a price drop. 

https://www.tesco.com/groceries/en-GB/products/253886894

Although you can get an extra 250g for only 81p

https://www.tesco.com/groceries/en-GB/products/312574321


Must be said many cheaper varieties of spread are available. 

Type_45

grumiofoundation said:

Type_45 said:

A 500g tub of Lurpak in my local Tesco is now £5.05.

Food inflation will get a whole lot worse. 

£4.49 - thats an 11% drop for you for you, I know how you love a price drop. 

https://www.tesco.com/groceries/en-GB/products/253886894

Although you can get an extra 250g for only 81p

https://www.tesco.com/groceries/en-GB/products/312574321


Must be said many cheaper varieties of spread are available. 

I took a photo of it:

Type_45

Swipe said:

Zola. said:

Did your portfolio get rebalanced in good time to suit your retiree status?

I'm 40% cash so well placed for any big downturn.

Someone with sense.

anonmoose

OMG is that really a Tesco's?  Look how filthy the shelf is!!  But Type45 is right on the food inflation.  A big box of crunchy nut was £4.50 in tescos!  They are having a laugh aren't they?  Although I doubt the current price of branded goods will bring down the whole system to 80% crash levels.