Member Info for Just_My_Opinions

In saying that, if was actually for "all" of the Lords amendments and not just the meaningful vote one, then maybe she's right. Given that on a couple of them it's been a lot more narrow.

She's offered to meet Dominic Greive (leader of the Tory rebellion) to discuss an amendment to the meaningful vote Bill. In other words she's played right into the hands of the remainers again. She should have just let the vote run and if Parliament voted to adopt the Lords Amendments, she'd have to resign, force for a General Election, wipe out a lot of Labour (judging by the polls) and then come back stronger. The main reason she lost the seats last time was due to that mammoth miscalculation over social care bills, not due to that Looney Tune Corbyn being a better choice.

I have my doubts too, and she's been up to some sort of back door deal now by the looks of it.

She's offered 15 - 20 Torie MP's some sort of personal reassurance on a meaningful vote in order to stop them rebelling. I hope this isn't some sort of dodgy "remain" type deal, by this "remain" supporting PM in order to avoid a humiliating defeat and hence having to resign. And whilst the government is still winning each Bill, the lead is narrowing significantly.

If all the Lords bills are defeated, I hope that gives Theresa May and her government the courage to go in hard against the EU now. We've been too weak

4 House of lords Bill defeated too... hopefully it's repeated across all of them

3 rather not 4.

Whilst there's clearly a lot of undemocratic MP's voting. So far the first 4 amendments by the house of Lords have been defeated.

Yes I read that earlier rarafan. I think he did the right thing, his Constituency Bracknell voted to the leave the EU. If he voted against his own constituency that would show him to be undemocratic. In my opinion, it's quite simple... 406 Constituencies voted to Leave the EU. 242 Constituencies voted to Remain in the EU. If there is any less than 406 votes rejecting these Lords amendments, then they are going against the will of the people, and therefore factually they are undemocratic.

APBunny, Really? Glencore's earnings are in USD. If the GBP gets hammered or rally's based on this vote it affects Glen's earnings in either direction due to the exchange rate. That's been obvious for months, the same can be said of the FTSE 100 in general. So it's not just Glen, it's the wider UK market.

Will Parliament voting be anonymous? It will be interesting to see who the undemocratic MP's are, the ones that vote to adopt the unelected Lords amendments.

I have BBC Parliament stream live on BBC iPlayer. So far it's obvious that of those that have spoken, the ones most likely to go against the referendum result are Labour, Lib Dem and SNP. With the odd one or two in the Tories. There's two more Marches planned in London, one on the 23rd of this month... it's an all women's March for freedom to the UK Parliament and it's not a feminist March. And there's a repeat of Saturday planned for the 14th of July too.

For the result of the Referendum to be respected the majority of these Bills need to be rejected. So today we will see if Democracy means anything in this country or not, because if most of these bills go through the EU will absolutely know they have the UK government by the balls. If they think there's no chance we can leave without the commons agreeing it, then all they have to do is give us the worst possible deal safe in the knowledge that the UK Parliament will just reject it. In other words in the above case that would mean Brexit not happening, or only happening in name. But the most important bill today is the one about the UK negotiating to be part of the EEA (European Economic Area) this would be like Norway and means the UK would have to continue to accept complete Free Movement of Labor and as such we still wouldn't have control over our border with the EU. Poll after poll on the lead up to the referendum put immigration as the number one concern of the electorate. If nothing changes with this I think it's a fair assumption to assume politics will change in a big way over the years.

So for example, say you had �50k and could put �500 away a month. (Just an example) If it grew on average at 19% a year... that would be about �447k in 10 years time... over 8 times the money. Obviously some years would be a disaster, but other years could be 20, 30, 40% returns... it's how it average out overtime that matters.

Click on performance (Price) and then click on 10 year annualized. That's the compounded growth rate. So if you then stick that percentage into a compound interest calculator, put the money you have into that calculator and how much you can contribute each month that gives you an idea of the sort of money you're looking at over the long term. https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php

They target loads of sectors mate. Could be UK Smaller companies, US Smaller companies, Biotechnology, Technology, Large caps, mid caps you name it there's a trust to cover it. I just studied the different sectors over the last 10 years, and over the long term the UK smaller companies investment trusts have the most consistent and on average are the top performers. You will get the odd fund like a Biotech fund beating them for a while, but sometimes they sit doing nothing for years because the breakthroughs are not coming as thick and fast. Where as UK smaller companies tend to be growth companies and could be in any sector. http://tools.morningstar.co.uk/uk/cefquickrank/default.aspx?Site=UK&Universe=FCGBR%24%24ALL&LanguageId=en-GB Now on this link you will see Biotech companies higher than the UK Smaller companies. But if you study their charts they tend to stagnate at times for ages. Where as UK Smaller companies go up and down, but overall give a good consistent return. They tend to pay a small dividend too, between 1.5 to 2%, obviously that reinvested boosts returns too.

5+ years that is*

Also the above isn't a good idea for someone a lot older that doesn't have time on their side. But neither is stocks in general for them, you need to be able to hold 5+ there's a reason investment firms say that it's not just to cover their back, it;s because historically that can be how long it takes to recover from a big crash.

And there are two styles of investment fund... Unit Trust and Investment Trust. A Unit trust you buy units in the fund. If the market tanks and loads of people rush asking for their money back the fund manager has to sell stocks in the underlying fund to give you your money back if they can't meet the demands from cash reserves. You're also normally charged a percentage of the value of your fund, rather than a fixed price. So over time that eats away at returns in quite a big way. But most people are unaware that you can buy investment trusts. There's less of them but a lot of the time you can buy investment trusts managed by the same company in the same sector. I,e UK Smaller Companies. The difference between an Investment Trust and a Unit trust is... the Investment trust is a company, not just a fund. So it's listed on the stock exchange just like any other stock. When you sell shares the fund manager doesn't need to sell shares in the underlying fund to give you your money back. Just like Glencore won't need to sell a lot of it's mines if it were to drop 50% and loads of people want there money back at the same time. And due to it being classes as a stock the brokers like Hargreaves Lansdown for example charge a fixed amount, no more than �200 no matter the value of your holdings. Where as a Unit Trust they charge you 0.45% even if you have hundreds of thousands in it, with the charge reducing the higher the value. This means over the long term your returns are likely to be significantly more than the Unit trust of the same fund manager and sector.

Glen, Honestly... this will sound contradictory to the technical analysis I do. But hear me out. The market is unpredictable. No one ever knows when a crash is coming, and the biggest ones like 2008 didn't happen in a week, a month, or several months... the 2008 crash took over a year to finally find it's floor. Can you imagine how many times during that period, that it took a big fall then bounced and people assumed, that's the correction over time to pile in... only for it to drop even more than it did before? That's exactly what happened. Everyone says oh that's the correction over, bounce time... then bang it drops even more after the bounce. Then they repeat the same thing, that's definitely over now, then bang it drops more again after it's short term bounce. Only when most people start to think, right I've lost most of my money here, if I come out I'll never recover what I've lost, I'm holding and I'm buying more when I can... that's when the market starts to recover. So yes you might time the seriously big moves right, but then you have to battle with your patience to try and work out when the crash has finished. Ask yourself this... if a 10% drop happened starting tomorrow and then bounced the middle of next week. Would you assume it's a short term correction and maybe think about buying again? Most people would, myself included. That's the unpredictable part. The technical analysis side is about risk management. If a pattern or an oscillator goes positive, you can say that more often than not that will result in a run. But a lot of the time it does't, that's when your stop loss kicks in. If you don;t have a stop maybe you hold, maybe you get lucky and it recovers. Or maybe the stock never recovers. You never actually know. So technical analysis is about putting probability in your favour, not predicting the market. Absolutely no one can predict the stock market, and if you see someone making a prediction and getting it right. I guarantee you it's only a matter of time before they get it wrong. So with investment trusts. It's about buying, and then constantly contributing to it, so that over the long term you benefit from compounded gains as the fund will more often than not buy good companies that are solid investments. But it doesn't matter what you buy, whether it's a fund or a stock or multiple stocks. There is always a time where the market will slaughter them, and you need to be confident in what you've bought to be able to whether the storm. You might come out thinking it's going to fall further only to see it bounce past your exit price. But with a fund, even if it's taking an absolute tanking, you know that over the very long term due to the fund more than likely investing in decent stocks, it;s going to recover and make a profit. That said there are top performers and bottom performers... so best not to go all into one of them either, buy multiple funds and diversify.