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  • grandst
    grandst Posts: 38 Forumite
    The global economy is strong, this is just a bit of froth being blown off.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    MarcoM wrote: »
    I understand guardian editors (read socialists ;)) don't do share dealing out of principle but you must admit the guardian paints a pretty bleak picture if you read the headline.

    You understand wrong, and the headline reads
    FTSE 100 falls 250 points after tumbles in Asia and US
    which you changed to;
    the stock market has been annihilated; the economy, shares, currencies and property don't exist anymore and we are now dealing in pears and apples.
    Are you looking for a job on the Daily Mail :rotfl:
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Alexland
    Alexland Posts: 9,653
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    We could really do with Boris making a stupid comment about the Brexit process to devalue sterling. Where is he, he needs to do his job!
  • MarcoM
    MarcoM Posts: 782
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    Glen_Clark wrote: »
    You understand wrong, and the headline reads
    FTSE 100 falls 250 points after tumbles in Asia and US
    which you changed to;
    the stock market has been annihilated; the economy, shares, currencies and property don't exist anymore and we are now dealing in pears and apples.
    Are you looking for a job on the Daily Mail :rotfl:


    I always thought socialists don't do sarcasm
  • dunstonh
    dunstonh Posts: 116,040
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    MarcoM wrote: »
    I understand guardian editors (read socialists ;)) don't do share dealing out of principle but you must admit the guardian paints a pretty bleak picture if you read the headline.

    The remit of the Guardian is to paint a pretty bleak picture [of everything that is not left wing]. That is what it's readership want. They want to know the world is awful and the UK is wrong at everything and that we should all be atoning for our ancestors and we are all doomed unless Labour is in power.

    Each paper has a target market. The famous Yes Prime Minister sketch still works today. Although some of the papers have gone more extremist.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • the economy, shares, currencies and property don't exist anymore and we are now dealing in pears and apples.
    I'm off to the green grocers then...but must remember that these assets are short dated!!

    As a poster of a few weeks ago about should I take a bit of profit whilst things were riding high (imho) as things stand this morning on some of the more volatile investments (that tend to do rather well overall) I could have saved a 10% reduction in profit. Not insubstantial.
    However I still rate the suggestions posted that it is probably better to rebalance than rush off to sell loads based on short term fluctuations. I am in it for the long term. Ok, I might have a few £k that I could now reinvest but equally it could have cost me.

    I think that sentiment goes for purchasing too. Do not jump just because there had been a change.

    I think I might feel differently if those same investments (the leaders in gain) drop another 10% as then the dividend yield (ASSUMING it is maintained!!!) would then be worth it or the prices could be beneficial compared to the long term gain trend such as in BG Shin Nippon........

    But then again who knows!!
  • MarcoM
    MarcoM Posts: 782
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    dunstonh wrote: »
    The remit of the Guardian is to paint a pretty bleak picture [of everything that is not left wing]. That is what it's readership want. They want to know the world is awful and the UK is wrong at everything and that we should all be atoning for our ancestors and we are all doomed unless Labour is in power.

    Each paper has a target market. The famous Yes Prime Minister sketch still works today. Although some of the papers have gone more extremist.


    I agree with you. It also looks like some of their editors are posting on here today....
  • ....and whatever one believes about the Guardian, I benefited from one of their share tips several years ago.....hardly a very left wing example, but yes there is a socialist tendancy in general!
  • MarcoM
    MarcoM Posts: 782
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    I'm off to the green grocers then...but must remember that these assets are short dated!!

    As a poster of a few weeks ago about should I take a bit of profit whilst things were riding high (imho) as things stand this morning on some of the more volatile investments (that tend to do rather well overall) I could have saved a 10% reduction in profit. Not insubstantial.
    However I still rate the suggestions posted that it is probably better to rebalance than rush off to sell loads based on short term fluctuations. I am in it for the long term. Ok, I might have a few £k that I could now reinvest but equally it could have cost me.

    I think that sentiment goes for purchasing too. Do not jump just because there had been a change.

    I think I might feel differently if those same investments (the leaders in gain) drop another 10% as then the dividend yield (ASSUMING it is maintained!!!) would then be worth it or the prices could be beneficial compared to the long term gain trend such as in BG Shin Nippon........

    But then again who knows!!



    I have sold half of my allocation over weekend / yesterday but only because we want to buy a house and can't really do with not having an idea of the budget available.


    The rest I will wait to sell hoping that things pick up a bit over the next few weeks. Want to make back that 4k I lost...greedy again I know.
  • Filo25
    Filo25 Posts: 2,131
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    For all the Guardian bashing I would say the Mail's headline is far worse "Bloodbath on global markets after record losses on Wall Street as stocks plunge across Asia and FTSE falls to lowest level since 2016"

    Rather than being a socialist conspiracy, maybe sometimes papers love to hype up a bit of volatility.
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