Agreed that general dissent for the elite, political establishment and corporate Globalisation is the root cause. But this is widespread throughout the west. Germany and the states have numerous food banks to name a few. Massive government and household debts have been unfairly dealt with as the poor become poorer while the rich evade the consequences. A fairer society is demanded but how that transpires without anarchy is unknown. Leaving the EU is not the complete answer as many seem have been led to believe but it may help. Cheers
mick-b, It's political parties doing what they want,not doing what their voters asked them to do,party whips is a typical example,MPs don't get a choice when the whip is out. 0.7% to foreign aid when the poor get the bedroom tax and other cut's. ,standards falling in public services.There is a standard of decency that needs to be kept, dont need mike ashleys abuse of the work force philip greens pension party, zero and 16 hr contracts fiddling employment figures.biggest disgrace and typical is gordon brown calling that lady from Rochale a hypocrite for saying she wanted jobs for brits. I am happy to lose money if it help to prevent things getting worse.FOOD BANKS IN BRITIAN,What a disgrace!!!! The list is endless , but i have no wish to depress the readers.GL. DTDD
Thanks for your reply Keltickilla, Could be the age gap differentiation that dictates the preferred risk profile. As selecting just one sector is a high risk high reward strategy. Banks of course will always be bailed out...but at what cost to the shareholder's capital. I hold a broad portfolio of long term FTSE equities and corporate bonds, With only Lloyds as the problem child....so hope your profound belief materialises. Agree your take on general retailer chains but on-line clothes retailer BooHoo is a growing star. Cheers
Thanks Troaj... I actually had just over 100 grand on it... but came out well ahead as you said. But not one I'd recommend to widows and orphans to be frank. I'm out of it completely now, no plans to get back in. There are much better (and safer) options available.
Here's my logic. .. Voted out thinking of my children and the long-term.. Only ever invest for the long so knew deep down it was best decision for financials which is a sector my L/T plan is invested in. This country will never let go of financials full stop. Which said to me on the Long this sector is one of the safest.... I didn't see anyone rushing to save the retails when they were in bother.. Bye bye woolworths, bhs etc your on your own... IMHO.
Money is just that money. What really matters is the freedom to make your own decisions, personally and as a country and not be dictated to by a body that is totally out of touch with the British way of life. I have a large share holding in Lloyds and was hit quite badly, but I know that the market will recover. What won't recover will be my self esteem and the freedom that I require for my country if the vote had gone to the remainers. I can make more money, my stocks are recovering every thing will be as it was and better. Have confidence, be bold, take chances and you will win. Do nothing and take the easy road and you will lose.
I do not take the chicken licken approach to life. And Newchurch, for gods sake stop the bumping of your gums. It is so depressing!!!
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