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Yorkshire,apols typo there .....
York's ,i think you are probably right there ggp has faired quite well imho
Wrong guys, almost never trade and in early .
Indeed, the board’s original and most consistent ramper.
Crikey that sounds like one of them narcissistic folks .
Unfortunately owlo I think it’s something that has been missing of late.
Not many posters challenge the wild speculative ramps of late.
"in a previous life it got him thrown out."
... and "fortunately" ...for genuine investors here... history has a wonderful habit of repeating itself, Owlo.
YL ;-)
Arnie, frontlawnly or backlawnly? There is always a Google if unsure. GLA
"Those who expect the virus to kick off a global recession might be disappointed, as the impact is likely to be temporary," said Margaret Yang, an analyst with CMC Markets. "Central banks around the globe are ready to inject liquidity and cut down interest rates to cushion the headwind."
I agree with the statement above.
In the meantime... where DO investors go in a crisis?
Doh! Exactly...
YL ;-)
ArnieBB your messages are consistently aggressive. I've just looked back at them and I'm not wrong. This board over the months that I've been watching it has been pretty free of that. I am happy to hear your opinion about GGP.
Schlemiel: "I believe the market was looking for a reason anyway to sell off."
Totally agree with that point... The Market are just like the tabloid press: they love nothing better than to blow a good story completely out of all proportion - in order to make a fast buck!
Frenzy sell-off followed by a frenzy buy-back. Blink and you'll probably miss it... just like last time... and the time before... and the time before that. The saving grace with mining stocks is that most are at all-time lows already... there's nowhere left to go... LOL
YL ;-)
Wall Street gone a tiny bit blue, Brent & US crude gone slight blue. Maybe a slight reprieve tomorrow?
ups and downs are part of the game
goes down and seems to be all doom and gloom from certain people
Yes, even without the epidemic and current market downturn resulting from it, GGP still has a fair few stages to clear before reaching full potential, it might take longer but as Schlemiel pointed out - all of the positive factors that convinced us to put our hard earned wonga down on GGP still remain in place :-) But again, I have no issue with anyone wishing to derisk presently.
100% JR
it will get there when it gets there and thats what matters as i believe in this
Totally , cash savings rates are abysmal and in the UK at least the Buy to Let market is very tough making it hard to profit if you don't own the properties outright without being mortgages so regardless of negative factors that are in place or might arise - investing in equities with a div yield will remain an attractive prospect and provide some robustness.
Arnie - what your stats don't give is how many people have been tested in Italy? How many people would have died anyway if they had contracted flu? The reality is no one has a handle of this. Why are the markets crashing - because of people trying to second guess investor reaction and algorithms. And it becomes a self fulfilling prophecy. I am not underestimating the concern but the effect and impact does seem to be amplified beyond reason at the moment. How many people are cancelling their holiday at the moment to Italy - I suspect not that many unless they were heading into one of the impacted towns - and that is because when it comes down to it and they have spent money on a holiday they will take a more level headed view and assess the risk and probably think what the hell - what are the odds. The financial markets work on a different level because it exists to make profit at others expense.
It's a complicated argument and at the end of the day you can only feel for the families of the deceased as with flu or any other illness that takes loved ones.
Don't worry about tomorrow's sp, if you are a genuine LTH as I am then the only sp that you need to think about is what the sp is in 6 months then 12 months then 18 months time etc... (hopefully it will be somewhere in the 25-50p range in that time)
The market are in free fall, expected a blood bath tomorrow.
These will be down again
Wall Street turned blue. Was - 908
All good points. Hopefully the sp will hold in the range that it’s been this week.
D666
Absolutely. It's all about financial security for those we cherish and to give it a bit to charity...
As an aside. With interest rates so low I can't see where international investors can invest their cash other than equities with a dividend yield. The general economic health of the US economy is good and the private sector is dynamic. I can see the DJIA falling back to 25k and then rallying hard but then that's just a guess
I should have said 'perceived economic impact' as at present it seems the impact is an opinion rather than an actual
Yes absolutely Sclemiel, the last recession and factors such as brexit affected many of my shares that I didn't sell off but I kept certain shares knowing the companies were solid and time would provide the return of the price .
I'm not going to sell my GGP off as I am confident the gold in the ground isn't going anywhere and given time the virus will recede and the market will calm again.
I totally understand those who may be getting spooked and can't afford to risk their money though.
Differing circumstances and investment strategies for all of us, just no need for those with differing opinions to be upsetting each other- on both sides of the fence - after all we're all trying to improve our lives and those we care for :-)
Context
COVID-19: Approximately 79,553 cases worldwide; 35 cases in the U.S. as of Feb. 24, 2020.
Flu: Estimated 1 billion cases worldwide; 9.3 million to 45 million cases in the U.S. per year.
I don't want to under play the concern here given people have and are dying - but the real pandemic at the moment is fear from what I can see.