The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Y I'm sure many of us will just sell if we need the money over the next couple months, else we'll just wait for it to clear itself out, can't be bothered with any furthers with it. GLA. We'll need it this winter.
Alas, Getting, I understand that this latest view of Loony Liz's bottom is scary, but I always find the following thought experiment reassuring.
Say you're long on X, and for no salient reason, it tanks 20% on day. Do you say..
(i) Oh fie! That's umpteen k of dead money stuck there for who knows how many years!
(ii) Wow! wadda bargin! Gotta scrape together as many pennies as I can find to double down!
? The answer helps tell you whether or not you should be long on X to begin with.
GLA.
Y and looking at ABDN.L, can't help thinking JUP.L specifically has been an overly severe thrashing for an - admittedly huge - outflow that is hitting the whole AM area. BTW thank god I called the ABDN.L top dead on + got back a third of my JUP.L black eye.
Hmm thanks for that. Next q is: does this directly impact JUP.L or does it just impact one of their "theme" funds? Of course if it were an epic train-wreck it would hit JUP.L one way or another - something like ASHM.L's contamination from Evergrande. Anyway there seems to be a prevalent opinion out there that the "inflation/interest rates will rocket further" saga is overdone. Maybe this is the 1st time ever I agree with the Torygraff.
Well, one reason to go long on the UK insurance sector is that, following the thrashing they took a couple months back, all of them, in lock-step, have bumped their prems about 25% so nex qtr or so they might surprise on earnings. So a poor beleaguered Brit might get back a few pennies from his car insurance hike.