Member Info for Just_My_Opinions

RDR... it's been passed. This is the end to the Free flow of information, they know Mainstream Media is losing it's power, they can no longer control voters, they know the internet is taking over. So they're ending the internet as we know it. I'm telling you mate, Europe is going to turn very, very nasty and I think it's coming a lot quicker than I had previously thought.

https://youtu.be/MD4ay9-14Hs

If he buys that without paying off more debt and a downturn happens that won't be good.

I bet Pete puts his foot to the floor when he see's an OAP trying to make it to the bus stop on time as the bus approaches... Rich old B*rstewards hahaha

If the market was behaving logically, I'd say down due to the commodities. But it's not behaving logically, so haven't a clue.

"Pete retirement is a burden mate ...can't decide wether to go for a pub lunch and have lazy day or take the missus to York on the train oh decisions decisions it's a hard life ;-)" Easy decision, the pub would be cheaper.

"I know your in cash jmo.. (your always in cash:).. :)" This year you're almost right, most of the time I've been in 100% cash, I am now too. Made some winners, made some losers... I'm down about 3%. The FTSE is lower than it was at the start of the year. I'm staying out till the market takes a big hit.

I think it's entirely possible that Trump will soften his rhetoric. But I think he will only do that if his opponents The EU, Canada and China do the same. His goal is simply to get them to the table so he can negotiate them down, he's trying to create a position of strength for himself in the negotiations, to get to a point where the other countries have no choice but to cave in negotiate. The part I'm not confident on is The EU and Canada backing down, and if they don't maybe China won't either.

"Uk smaller companies could be hit with bxit. Plus your buying when the indexes are high." its jmo."" You obviously haven't read my other posts. I'm in 100% cash, and have zero intention of buying right now. "it's qz"

The UK smaller companies ones, they tend to out perform the market significantly. Even the lower performing ones do reasonably well. But they're a long term hold... not something you can realistically dip in and out off. The biggest drop I've seen on one was in 2007/2008 more than 70%... 5 years later break even... 5 years after that well over 400% And if you reinvested dividends, and bought all the way to the bottom... the return would be very big. Buying at the bottom was a 10 bagger. Just appeals to me as it's hands off, I can go deal with more important stuff in life and let someone else worry about what to buy/sell and when to buy/sell. Unit trusts put me off, but Investment trusts are the smart way to do it.

China... they stand to lose the most by the looks of things. So maybe they will back down first, but then the Chinese government looks bad for caving in when the rest aren't or at least haven't yet. But saying that... the Chinese don't need to worry about elections.

RDR has the China crises actually cooled off though? I've not been reading into it much today, but at a quick glance I seen that the USA had actually upped their aggression publishing a 35 page document related to the trade war. For me, the big picture is Left wing politics against Right wing politics... the left are taking things to far and they're trying to stay in power... whilst the right makes big gains. Now before anyone says what the hell has that got to do with the market... well Trump is Right wing, the lefties hate him... he's also an independent thinker, an Alpha male... rarely allows his opinions or strategy to be swayed by other people (although it does happy, like today with the child migrants)... and there's some pretty stubborn figures on the left too. Trudeau in Canada is one of them, in my opinion he's a narcissistic, materialist sociopath that's fooled the left into thinking he actually cares about the little guy... but anyway, I digress... The EU hierarchy is very stubborn too. It took Canada 18 months to reach an agreement with them on trade, and when Cameron went over with his begging bowl he got sent back home to lie to use with his tail between his legs. So the trade war despite what some might think, doesn't look to be getting resolved anytime soon... obviously anything can happen, I'm no psychic. But I think it's going to get a lot worse (over time) before it gets better. To summaries it... it's all Left vs Right a fight for the very power in Western Civilization with ego's and narcissism and a trade war for good measure. I'll wait.

She's done another climb down of some sort to kick the can along the road again over this meaningful vote for Parliament on any EU deal. MP's are due to vote on it at 15:45. All she ever does is kick the can along the road to delay things.

It's so on edge, and unpredictable at the moment. So the last couple of says has seen sell offs over the trade tariffs. Today it bounces relatively hard. I checked the reason for it, I assumed that China or the USA must have backed down a little over the trade war. Nope... the USA has escalated it with a 35 page document... yet the market bounces haha.

return between*... better put my specs on my fingers aren't typing what I thought they were haha

henderson*

Anapa, An investment trust is an investment fund that operates as a company. The advantage of this is you can buy and sell it instantly, no need to submit a buy or sell request the day before for it to deal on whatever the price was at the mid day valuation point. It operates just like a stock, the initial negative is you pay stamp duty and trading fee. But after that there's no percentage based management fee deducted every month by the broker like there is with the normal investment funds called "unit trusts". So over the longer term the savings are far greater than the stamp duty. For example Hargreaves Lansdown charges a maximum of £200 a year to have them in a SIPP... but if you bought the identical fund by the same fund manager in Unit trust form you pay 0.45% of the value and it's not fixed. With Investment trusts the fund manager is free to borrow to invest too, they tend to keep the borrowing under 30% of net assets though so they're very unlikely to get into trouble. But it means they can magnify the returns in a rising market, so they usually outperform the equivalent unit trust version too. On UK smaller companies Investment Trusts, the bigger names like Blackrock, Henders etc tend to before between 12% to 17% a year on average, plus they pay a small dividend usually between 1.5% to 2% so if reinvested the return is even higher. Might not sound like much, but if compounded year on year across your entire pot that adds up to a lot of money. I'm 34, a dad with an Autistic child... I have life commitments more important than studying charts and trading a lot... so will be buying some of these funds and leaving it invested for a long time, but will wait for a good correction first as we have a fair chunk to invest.

Pete if it hit 600p in 2020 that would be about a 60% return in 2 years or less, that would be a very good return.

Wpp and Bt were holding up reasonably well though I see.

I closed about 387ish a while ago, I think it will eventually hit 600p. But I'm completely changing our investment strategy. We're just going to buy investment trusts and contribute to them regularly, that way I don't need to watch the market constantly... I just think now is not the time to start loading up on investment trusts with the way things are with the trade war, the EU, Brexit etc so I'm in 100% cash... might take ages, but we're due some sort of downturn by now.

There's a gap down from 380.5p too though, one positive development from China/Trump and up it goes to close that gap and more. Trade war continues then obviously 346.95p could be the least of a drop if the whole market goes down. Nothing goes down in a straight line though.