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So long as houses remain affordable people will buy. Yes affordability is stretched but most people don't buy a house purely on the basis of an investment - we all have to live somewhere after all. All this talk of house prices falling, some say 5%, some say 10% some say no fall at all. Didn't they predict a huge fall with Covid, see what happened there...
Most of us hold a house for quite a long time so generally have to be unlucky to lose out. Alternative is rent which is ok short term but long term that's a lot of dead money. Need to think of the long game.
My own thoughts are perhaps due to it's defensive nature in the current environment. A lot of unknowns out there at the moment... Should do well I would think during next year or two. That's why I added around 7 months ago (that and diversification)
I suspect its a mixture of the strong pound (shot up yesterday) and with inflation easing in America peeps will move from defensive into growth stocks again.
Thanks for that, yes makes perfect sense :)
LSE states yield as 7.56%
I understand divi is 16.25p quarterly to equal 65p
By my workings out on an SP of £13.20 this now has a yield of 4.92%
Am I right or am I missing something? Perhaps historic divi?
TIA
Yes, FOMO gets a lot of people trapped (and Greed for that matter. I bought Shell at £14 and watched it drop to around £9, nearly doubled up when it was £10 but sadly decided against it... Now over £20 but for how long!
As long as your well diversified and can hold a stock for many years I would like to think it will come good. Eventually...
Wanting a position here myself but looking like catching a falling knife at present, that said, no one knows where the bottom is... GLA
0.5% Increase to Base Rate now 2.25%
Surprised it didn't go to 2.5%
Great to see the cinemas so full, Issue I guess with doing it more regular - say one a month is that people will wait to go on the cheap day meaning a less foot fall in the run up... I normally get 2 tickets for £7 with vodafone rewards and there are quite a few ways to get cheap tickets if your savvy which you need to be in the current environment.
@HOMER1234
Agree 100%
I used to go to Cineworld as my go-to cinema but at £10 per ticket I've traded down to Vue Cinema as I can get 2 tickets for £7 on my Vodafone rewards app. Cineworld is the better cinema but when times are tough £7 beats £20...
@WiganWariors
You make a good point about the wealthy borrowing money to make even more money, that's certainly how I imagine some professionals do it.
I just can't help feeling someone messaging on these boards asking about personal loans lacks the experience and expertise required. (no offense meant to anyone by the way)
PhoenixRising53 has a great option by drip feeding which is likely a safer route, especially over the sort term with all the headwinds around right now. GL all :)
Dimi123
So many reasons not to do the personal loan... Divi may be stopped/reduced. Further Share price falls. What if you personally can no longer afford the personal loan and have to sell the shares at a loss?