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Joe Gatting's Dad

New member
Feb 10, 2007
1,880
Way out west
Pointless selling now with the FTSE100 at the same level as January 2013. Either sit tight or buy some bargains if you have any spare cash. UK companies are doing OK and will still pay dividends on their performance. Prices will rise again.

In August the main players are away and this is a knee-jerk reaction. The old saying is pack up at the end of May and come back on St. Leger day - about 15 September. I am doing nothing.
 






Vegas Seagull

New member
Jul 10, 2009
7,782
I can't sell any more without incurring CGT libility so as long as they go back up by April, I'm not bothered

If you've used last years allocation & your partners well done that'll be £30,000 PROFIT above your initial outlay then why do you need to sell blind in April without judging the fair value I wonder?
 








Captain Sensible

Well-known member
Jul 8, 2003
6,436
Not the real one
I'm not a financial investor but I have dabbled a bit in currency in the past. Funny how the Euro is up on almost everything except the Swissy. Investors around the world see the Euro as a safe haven? Unusual to say the least. Especially as the U.S. Interest rates are expected to rise, I'd have expected the Dollar to strengthen during market sell offs. However is it the type of sell off that's causing it. Tech firms seem to be taking the hit as its China that is slowing, commodities seem to be holding. So why the Euro rise? I haven't been following the markets over the summer.
 


jakarta

Well-known member
May 25, 2007
15,640
Sullington
I'm not a financial investor but I have dabbled a bit in currency in the past. Funny how the Euro is up on almost everything except the Swissy. Investors around the world see the Euro as a safe haven? Unusual to say the least...... So why the Euro rise? I haven't been following the markets over the summer.

It is because the Giant Brains behind the Euro Project have sorted out the Greeks good and proper and it will all be plain sailing from now on... :thumbsup:.
 






happypig

Staring at the rude boys
May 23, 2009
7,978
Eastbourne
If you've used last years allocation & your partners well done that'll be £30,000 PROFIT above your initial outlay then why do you need to sell blind in April without judging the fair value I wonder?

I want a camper van.
 




Herr Tubthumper

Well-known member
NSC Patron
Jul 11, 2003
59,911
The Fatherland
I'm not a financial investor but I have dabbled a bit in currency in the past. Funny how the Euro is up on almost everything except the Swissy. Investors around the world see the Euro as a safe haven? Unusual to say the least. Especially as the U.S. Interest rates are expected to rise, I'd have expected the Dollar to strengthen during market sell offs. However is it the type of sell off that's causing it. Tech firms seem to be taking the hit as its China that is slowing, commodities seem to be holding. So why the Euro rise? I haven't been following the markets over the summer.

Safe bet the Euro. Too much instability in the UK with Cameron's Brexit nonsense.
 




Captain Sensible

Well-known member
Jul 8, 2003
6,436
Not the real one
I'm not a financial investor but I have dabbled a bit in currency in the past. Funny how the Euro is up on almost everything except the Swissy. Investors around the world see the Euro as a safe haven? Unusual to say the least. Especially as the U.S. Interest rates are expected to rise, I'd have expected the Dollar to strengthen during market sell offs. However is it the type of sell off that's causing it. Tech firms seem to be taking the hit as its China that is slowing, commodities seem to be holding. So why the Euro rise? I haven't been following the markets over the summer.

Just goes to show what a bit of research does. The FED is now not expected to raise rates due to the weak Chinese data and Chinas refusal to use QE. Also expected are commodities sell offs and the Greek situation have meant that in the short term Euro is a safe haven. Although The Swiss Franc seems to be the safest haven.
 


Captain Sensible

Well-known member
Jul 8, 2003
6,436
Not the real one
Safe bet the Euro. Too much instability in the UK with Cameron's Brexit nonsense.

Sterling is fairing well against other currencies although what you say in a broad sense could be true. The UK is more vulnerable to world markets than the Euro in this situation. It swings in roundabouts though. The next Euro weakening is probably only a week away. Having said that Sterling is probably overvalued against the Euro, or should I say 'was'.
 




Biscuit Barrel

Well-known member
Jan 28, 2014
2,463
Southwick
Warren Buffett said "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful". Or you could just listen to the O/P
 






jimhigham

Je Suis Rhino
Apr 25, 2009
7,806
Woking
Team, are we selling or buying, or moving into the Rand?

Don't go near the Rand. It's put on almost an entire Rand to the Pound in a little over a week.

I'm not a currency speculator. I just went on holiday there and realised I could have had 10% more sauvignon blanc if I'd waited a month.
 


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