How much longer will this bear market go on for?

Hexane

Alistair31 said:

Type_45 said:

Prism said:

Type_45 said:

If and when such a thing happens in the UK there would be a run on the banks.

And you think there's enough FSCS money to protect everyone?

Absolutely not as if that was to happen then there would likely be lots of issues with insurance companies and other financial institutions. However the treasury is able to loan to the FSCS, nationalize banks, print money etc. So sure, if something happens that is considerably worse than the GFC, even though the banks are in a much more healthy state, then we may all lose our money while the government collapses. I'm sure it will happen some day

What's all this "we" lose all our money?  I won't.

Nothing left to lose?

He's got his 19 kilograms of rice still. Plus, by the time the mythical grand collapse of every single financial institution in the country occurs, he'll have a post count on this forum of millions. Those are two things no-one can ever take away from him.

Type_45

Hexane said:

Alistair31 said:

Type_45 said:

Prism said:

Type_45 said:

If and when such a thing happens in the UK there would be a run on the banks.

And you think there's enough FSCS money to protect everyone?

Absolutely not as if that was to happen then there would likely be lots of issues with insurance companies and other financial institutions. However the treasury is able to loan to the FSCS, nationalize banks, print money etc. So sure, if something happens that is considerably worse than the GFC, even though the banks are in a much more healthy state, then we may all lose our money while the government collapses. I'm sure it will happen some day

What's all this "we" lose all our money?  I won't.

Nothing left to lose?

He's got his 19 kilograms of rice still. Plus, by the time the mythical grand collapse of every single financial institution in the country occurs, he'll have a post count on this forum of millions. Those are two things no-one can ever take away from him.

19kg of rice is rookie numbers.

Hexane

Type_45 said:

Hexane said:

Alistair31 said:

Type_45 said:

Prism said:

Type_45 said:

If and when such a thing happens in the UK there would be a run on the banks.

And you think there's enough FSCS money to protect everyone?

Absolutely not as if that was to happen then there would likely be lots of issues with insurance companies and other financial institutions. However the treasury is able to loan to the FSCS, nationalize banks, print money etc. So sure, if something happens that is considerably worse than the GFC, even though the banks are in a much more healthy state, then we may all lose our money while the government collapses. I'm sure it will happen some day

What's all this "we" lose all our money?  I won't.

Nothing left to lose?

He's got his 19 kilograms of rice still. Plus, by the time the mythical grand collapse of every single financial institution in the country occurs, he'll have a post count on this forum of millions. Those are two things no-one can ever take away from him.

19kg of rice is rookie numbers.

Well, I thought you said a while back that you'd bought 20kg, and I assumed you'd eaten 1kg in the meantime. Has the plan changed? Is there now so much rice in the house that you've had to throw out all the furniture?

Type_45

Hexane said:

Type_45 said:

Hexane said:

Alistair31 said:

Type_45 said:

Prism said:

Type_45 said:

If and when such a thing happens in the UK there would be a run on the banks.

And you think there's enough FSCS money to protect everyone?

Absolutely not as if that was to happen then there would likely be lots of issues with insurance companies and other financial institutions. However the treasury is able to loan to the FSCS, nationalize banks, print money etc. So sure, if something happens that is considerably worse than the GFC, even though the banks are in a much more healthy state, then we may all lose our money while the government collapses. I'm sure it will happen some day

What's all this "we" lose all our money?  I won't.

Nothing left to lose?

He's got his 19 kilograms of rice still. Plus, by the time the mythical grand collapse of every single financial institution in the country occurs, he'll have a post count on this forum of millions. Those are two things no-one can ever take away from him.

19kg of rice is rookie numbers.

Well, I thought you said a while back that you'd bought 20kg, and I assumed you'd eaten 1kg in the meantime. Has the plan changed? Is there now so much rice in the house that you've had to throw out all the furniture?

I currently have about 30kg of rice.

anonmoose

Personally I favour a smaller but well diversified portfolio. Brown basmati, alborio, paella and short grain pudding.  Although I do have a pantry that most people's reaction to is "are you a prepper?". But I am not in the 30kg league.

renegade1

Imagine the OP of this thread just come back from holiday after posting this question and seeing almost 70 pages of discussion... lol

InvesterJones

renegade1 said:

Imagine the OP of this thread just come back from holiday after posting this question and seeing almost 70 pages of discussion... lol

Indeed! But now we're into semantics - did the bear market end in June with the subsequent rally and we're now in a different downturn which may become it's own bear market or is the original one still on-going?

Type_45

The bloodletting continues.  

MK62

Type_45 said:

The bloodletting continues.  

A typical global tracker for a UK investor is down about 5% this calendar year......about even over 12 months.....and about 30% up over 3 years..........hardly bloodletting at this point........have you thought of a career as a newspaper headline writer?....

Type_45

There isn't just a recession coming. I'm not even sure it could be called a depression. This is something far worse. 

Six in 10 British Factories at Risk of Going Under as Bills Soar

https://www.bloomberg.com/news/articles/2022-09-02/six-in-10-british-factories-at-risk-of-going-under-as-bills-soar