World financial doom
World financial doom
Reckon it will actually happen? There's corrections and corrections. Maybe this is another one
Re: World financial doom
im presently more concerned on whats going to happen on the 29th March at 11pm.
Re: World financial doom
UK financial doom
Biggest concern on my mind is did I leave the dog water this morning, followed by what I will have for dinner.
Biggest concern on my mind is did I leave the dog water this morning, followed by what I will have for dinner.
How about not having a sig at all?
Re: World financial doom
Am already unemployed and have savings so frankly - and this will be a bombshell to you all - let the motherfucker burn
- NotoriousREV
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Re: World financial doom
It's just the usual October correction, just worse than usual. Maybe. If I knew I'd be significantly richer than I am right now, which isn't very.
Middle-aged Dirtbag
Re: World financial doom
Sure no worries, send me your account details including login details and passwords and I'll get right on it
Re: World financial doom
I actually think its going to be quite bad
Bout time we all had some pain and experienced some hardships.
Bout time we all had some pain and experienced some hardships.
- NotoriousREV
- Posts: 6437
- Joined: Wed Apr 11, 2018 4:14 pm
Re: World financial doom
Yeah once you have over a billion in the savings account it’s all peanuts.NotoriousREV wrote: ↑Tue Oct 23, 2018 4:16 pm It's just the usual October correction, just worse than usual. Maybe. If I knew I'd be significantly richer than I am right now, which isn't very.
How about not having a sig at all?
Re: World financial doom
Oh its you thats shorted my Vodafone shares is it?
- NotoriousREV
- Posts: 6437
- Joined: Wed Apr 11, 2018 4:14 pm
Re: World financial doom
No but I might be buying them while they're cheapBroccers wrote: ↑Tue Oct 23, 2018 4:38 pmOh its you thats shorted my Vodafone shares is it?
Middle-aged Dirtbag
Re: World financial doom
I've learned over time that leaving shares that reinvest dividends alone and not to PANIC.
I wonder when interest rates will sharply rise? That would be an eye opener.
- NotoriousREV
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- Joined: Wed Apr 11, 2018 4:14 pm
Re: World financial doom
There's just so much uncertainty around at the moment. Don't sell anything. When prices go down, you buy!
If you buy 100 shares at £1 each and they drop to £0.50, you need the price to go back up by £0.51 to make a profit. If you buy another 100 shares at £0.50, you've paid an average of £0.75 per share and you only need a £0.26 price rise to make a profit.
If you buy 100 shares at £1 each and they drop to £0.50, you need the price to go back up by £0.51 to make a profit. If you buy another 100 shares at £0.50, you've paid an average of £0.75 per share and you only need a £0.26 price rise to make a profit.
Middle-aged Dirtbag
Re: World financial doom
What if they keep going down? Keep buying?
Sounds a bit like the roulette strategy where you just play red or black and double your stake each time.
Sounds a bit like the roulette strategy where you just play red or black and double your stake each time.
Re: World financial doom
Then it comes down to - only gamble what you can afford to lose!
Re: World financial doom
Doubling down. Brave man's game...NotoriousREV wrote: ↑Tue Oct 23, 2018 5:16 pm There's just so much uncertainty around at the moment. Don't sell anything. When prices go down, you buy!
If you buy 100 shares at £1 each and they drop to £0.50, you need the price to go back up by £0.51 to make a profit. If you buy another 100 shares at £0.50, you've paid an average of £0.75 per share and you only need a £0.26 price rise to make a profit.
Another strategy: Suck up the £50 loss you've just made on the £1 shares, and stick your other £50 into something that's not just lost 50% of it's value.
"If everything seems under control, you're just not going fast enough"
Re: World financial doom
It's all a long term gamble. Your pension pots are depending on this betting so everyone is involved.
Someone once told me only buy after 5 days of rises. Now may not be the time
Someone once told me only buy after 5 days of rises. Now may not be the time
- NotoriousREV
- Posts: 6437
- Joined: Wed Apr 11, 2018 4:14 pm
Re: World financial doom
I personally only bother with indices these days. I don’t think the S&P500 is going anywhere soonNefarious wrote: ↑Tue Oct 23, 2018 7:06 pmDoubling down. Brave man's game...NotoriousREV wrote: ↑Tue Oct 23, 2018 5:16 pm There's just so much uncertainty around at the moment. Don't sell anything. When prices go down, you buy!
If you buy 100 shares at £1 each and they drop to £0.50, you need the price to go back up by £0.51 to make a profit. If you buy another 100 shares at £0.50, you've paid an average of £0.75 per share and you only need a £0.26 price rise to make a profit.
Another strategy: Suck up the £50 loss you've just made on the £1 shares, and stick your other £50 into something that's not just lost 50% of it's value.
I’m also making the assumption you’re only holding shares you’ve done the appropriate research on and you’re responding to changes driven by the overall market and it’s not just your stock that’s just plunged. Finally, clearly the example above is clearly an exaggeration. But you all knew that because you’re not stupid, are you?
Middle-aged Dirtbag