Lloyds Banking Group, produced by the merger of Lloyds TSB and the Halifax banking group HBOS, is the biggest ever UK bank. The combined group, with around 145,000 staff and 3,000 branches, will control around a third of UK's mortgages and a quarter of all savings. The government owns 43.4% of Lloyds Banking Group, 36% are owned by Lloyds TSB shareholders and 20% by HBOS shareholders.
The DOW was overvalued going into the correction in August 2015 and look where it is now. The market is flooded with money due to QE and low interest rates, so what do you do. Do you jump out now and jump back in, If and when a correction happens and miss out on the ex dividend date in April? I'm staying put and then deciding after April, with a 2 grand plus dividend in the pipeline, I think it's well worth the gamble and if I do get caught, I can just reinvest. I'm up around £12,500 paper… Read More
Wids, you have a deeper understanding than I over the markets.
So I am correct in assuming that pension fund managers need to trade vastly to keep paying out huge amounts as they do to pensioners, way above the &age they could ever make by merely buying dividend paying stock and just holding it forever?
If so, in a long rising market, it must be hard to make large sums of cash on trading.
So I assume falls are necessary to create vast amounts of wealth for those timing it right… Read More
Newchurch - look at yesterdays Dow performance, same with the S&P. The pattern is fairly obvious. Irrational exuberance at its finest. The FTSE is just a poodle and irrelevant IMO. The Dow is overvalued on a number of important indicators. A bubble floating around in a rose garden. A market correction is way overdue for a 20 percent market correction, we're now over 2000 days, with the historical average around 635 days. Regards A50, doesn't interest me much, for me the elephant in the… Read More
is true, it is also true, where else will the money needing a return invest in?
"A lot of the inflows are just blindly into passive vehicles, which pushes the major averages higher. But there is weakness in the Trump-leadership stocks," Glazer said. "Financials are notably weak, Goldman is notably weak. That's due to both profit-taking and high valuations."
Imo, as interest rates rise, surely bonds will become the medium, as albeit lower by far return than equities, a… Read More
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