BoE keep Base Rate at 4.75%

al_yrpal

Kenny4315 wrote:

Yes I agree with your comments, I think that the sheep however are starting to be tempted into the markets now. I think that the start of the new financial year may be good for share isa's as the dawning of property stagnation/losses become apparent.

I am up for that beer too. As for the sheep, heres something from The Times this morning. http://business.timesonline.co.uk/article/0,,9063-1970938,00.html. £10bn isn't too far from £17bn, and its certainly better than £6bn. I know a lot of early BTL'ers who are baling out right now. Brown should soon be scooping up lots of CGT.

There is a lot of promotion of Commercial Property Shares, Funds and Trusts at the moment which I am not exposed to at all. Whats your feeling about that - is it hype or kosher?

monkeydust_2

al_yrpal wrote:

There is a lot of promotion of Commercial Property Shares, Funds and Trusts at the moment which I am not exposed to at all. Whats your feeling about that - is it hype or kosher?

The commercial property sector is benefiting from a recent (6months upturn) so all the asset managers who have a view on this are advertising like crazy hopping to get your money! Cant blame them – in general it’s a growth area and if the economy performs this year then it will do well BUT I personally don’t think it will cope with a down-turn too well at all – just my view.

Kenny4315

I have heard something today about US consumer spending going well over expected levels, probably linked with the house price movements you guys have suggested. Possibly reason for the rise over the last couple of weeks being so dramatic.

I have also heard that due to Mr Brown pulling SIPPS (housing into pensions), there are several billions pounds just basically hanging around. I would imagine as these monies will probably find themselves in the stock market, as there is no other sensible alternative, given the risks / returns involved in other forms of investments (property, etc).

My only concern is the reports I am have read on UK consumer debt, but overall the US effect/global nature of ftse 100 companies should compensate for the UK specific problems.

http://news.independent.co.uk/uk/this_britain/article336255.ece

I have a very simplistic view on investments, I like to keep costs as low as possible (1% or lower) in funds)) my view is most funds that are not high risk/high return are roughly in line with each other and a simple FTSE 100 tracker or the like gives you enough diversification to eliminate risk , take advantage of tax free investments, and like to buy low and move my investments when I think that it is reaching the top, ie I like to take most of the gain but am not to bothered about taking all the possible gain. This is because as the top is reached there is normally something better on offer, and the last bit of growth is also the risky and most time consuming bit. For example, the housing boom, I probably got 90% of the growth, but moved into stocks when the market was very low, thus quick and easy growth, and risk free.

Kenny4315

Beers all round again today fella's !! :beer: :beer:

Kenny4315

Not been on MSE for a while but just thought I'd have a scout about, seems as though the market is as I suggested earlier in the year going like a proverbial train, those indexes just keep going surging on strong, even with factors such as oil and energy issues, hope you BTL's are taking heed.