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I'm inclined to keep my remaining cash until the virus has peaked, hopefully around June. It's difficult to resist with so many apparent bargains about, but I think prices will remain flat or fall further until there is positive news.
I jumped in and bought a few She'll shares recently.......already 20% down but a solid company with a 15% dividend ......they haven't cut the dividend since WW2 apparently.
GLA
Unfortunately, this coronavirus situation will probably get much worse before it gets better. It could last months until a vaccine is available.
I don't see the markets, or Marstons share price, recovering any time soon, why should it.
I'm inclined to stay in cash until there is clear daylight at the end of the tunnel.
PS I'm not in Marstons at the moment, but all of my shares and funds have taken massive hits.
Or the economy could be in the doldrums for a few months. All sectors will be hit if workers are sitting at home . Nightmare.
I won't be buying any shares any time soon:
- don't try to catch a falling knife.
- the trend is your friend
How many major civils project are shovel ready to go? Probably not that many, particularly when HA policy on Smart motorways seems to be dead and buried.
There's a massive lead in time for major infrastructure in the UK.