Cagney et Bigtosh21 Jan 2019 21:20
Hello Cagney, good to hear from you and know you are still around. Hey, don't fret over GBG - I had the opportunity years ago to buy into ASOS at 9p a share, but with the spread being 7p - 9p I thought the spread was too high so didn't bother. I would only have bought about £500 of shares in those days; but imagine what they would be worth now!,.............er...........no, on second thoughts don't!.......please!. Of course I would never have held them all this time. Anyway, we can have too much money, so I am told..........by somebody..........who possibly has never been in the situation where they have never had enough.
Although there has been some recovery in the markets since the very end of last year, it only takes one more crisis manufactured or otherwise by Donald Duck or other characters from his own little world of Walt Disney for the markets to take another down turn. It is only due to the more dovish tones from the Fed over interest rate direction (possible) and the positive mood (at present) over U.S/China trade deals that have helped the DOW in particular and that may all change. DT has worryingly NOT been the centre of the World news for what, maybe a few days or a week?, so it is about time he got things straight again and made us all realise/remember that what REALLY matters in this world of ours is not poverty, climate change, equal rights etc. etc, but DONALD TRUMP! Mr Teflon man himself. In my experience though, Teflon never lasts for ever, so somewhere down the line he will come a cropper. With a bit of luck the next term he will serve will be for another 4 years but somewhere else, and the wall I am talking about has bars too. Not so much for keeping folk out but keeping him in. Think a lot of folk would be prepared to pay for that wall. Whoops, can I say that, or will this post get reported and deleted?.
Sitting out of the market after many years of all the stress and nerves, I feel greatly more relaxed. I am keeping an eye on things from the sidelines but now I have got my (small) private pension sorted with hopefully the first payment due or having been paid out I no longer feel the need to be looking to improve things by investing in the market. That may well change of course. The house move is now my priority and I just don't want to chance losing what would be a very useful deposit when there is no need to chance it.
Red Rum has good and not so good days. She decided to face plant a window the other day; shook her up of course. I am in regular contact and on call for a blast down South; expect to be visiting in the near future. Still, at 92 she is doing pretty well.
Regards and good luck to all
CM
Hope house continues to progress BT, and watch out for those (no so much now) puppies!.