Time to plough into the FTSE or still to drop?
Discussion
FTSE is well below 5000 now and still seems to be struggling in the light of the Eurozone mess.
Thinking now might be a good time to shift some cash into some FTSE-tracking funds as part of my ISA portfolio....
....anyone else think the iron is hot or does the PH financia collective think we have a long way to go?
Thinking now might be a good time to shift some cash into some FTSE-tracking funds as part of my ISA portfolio....
....anyone else think the iron is hot or does the PH financia collective think we have a long way to go?
Could be much more to the downside. Ive seen suggestions of 3600 being the low. (ie) Back to 08 and more.
Some dude spouting about Elliot Wave theory etc.
Euro zone needs sorting out. Greece is the laughing stock of the finance community, with that mess still sitting in the Euro nobody can take it seriously. Greece cannot afford to pay its debts, period.
The only way through is to default/restructure. Until that dawns on the mutants otherwise known as politicians then markets will tank IMO.
Much better to let Greece default and nationalise any retarded banks that messed up again. No bailouts this time. Wipe out shareholders and bondholders. Just guarantee deposits.
Sure there will be carnage. But once the dust settles all the uncertainty will be gone. No more cans kicked down the road.
Of course collateral dammage will be such that governments wont countenance that outcome.
Basically until Greece defaults markets will be shorting europe. Its already failed, its a zombie that doesnt realise its dead.
Of course this post represents a completely factual view based on hallucinogens YMMV
Some dude spouting about Elliot Wave theory etc.
Euro zone needs sorting out. Greece is the laughing stock of the finance community, with that mess still sitting in the Euro nobody can take it seriously. Greece cannot afford to pay its debts, period.
The only way through is to default/restructure. Until that dawns on the mutants otherwise known as politicians then markets will tank IMO.
Much better to let Greece default and nationalise any retarded banks that messed up again. No bailouts this time. Wipe out shareholders and bondholders. Just guarantee deposits.
Sure there will be carnage. But once the dust settles all the uncertainty will be gone. No more cans kicked down the road.
Of course collateral dammage will be such that governments wont countenance that outcome.
Basically until Greece defaults markets will be shorting europe. Its already failed, its a zombie that doesnt realise its dead.
Of course this post represents a completely factual view based on hallucinogens YMMV
that would be me I presumefido said:
I'm looking at yields on some income funds (mostly FTSE 30) and they are looking good .. >7% yield .. still 40% above the 2008/9 low but it wouldn't be the worst time to buy, me thinks.
Shares paying a high income can be a good defensive measure but don't expect them to perform well in a bull market.....stock markets pay multiples for earnings growth and that is where you make the real money. Stock's that pay big dividends are generally mature businesses with sub par growth prospects and management teams that have run out of ideas with what to do with the money. I used to work with a guy that always bought Lloyds shares when they reached a 7 or 8% yield.....that was a mature business that couldn't grow in the markets it knew (because of competition rules) and didn't want to expand so it paid big dividends....Beardy10 said:
fido said:
I'm looking at yields on some income funds (mostly FTSE 30) and they are looking good .. >7% yield .. still 40% above the 2008/9 low but it wouldn't be the worst time to buy, me thinks.
Shares paying a high income can be a good defensive measure but don't expect them to perform well in a bull market.....stock markets pay multiples for earnings growth and that is where you make the real money.NoelWatson said:
Beardy10 said:
fido said:
I'm looking at yields on some income funds (mostly FTSE 30) and they are looking good .. >7% yield .. still 40% above the 2008/9 low but it wouldn't be the worst time to buy, me thinks.
Shares paying a high income can be a good defensive measure but don't expect them to perform well in a bull market.....stock markets pay multiples for earnings growth and that is where you make the real money.http://shakespeare.mit.edu/
Beardy10 said:
NoelWatson said:
Beardy10 said:
fido said:
I'm looking at yields on some income funds (mostly FTSE 30) and they are looking good .. >7% yield .. still 40% above the 2008/9 low but it wouldn't be the worst time to buy, me thinks.
Shares paying a high income can be a good defensive measure but don't expect them to perform well in a bull market.....stock markets pay multiples for earnings growth and that is where you make the real money.http://shakespeare.mit.edu/
NoelWatson said:
Beardy10 said:
NoelWatson said:
Beardy10 said:
fido said:
I'm looking at yields on some income funds (mostly FTSE 30) and they are looking good .. >7% yield .. still 40% above the 2008/9 low but it wouldn't be the worst time to buy, me thinks.
Shares paying a high income can be a good defensive measure but don't expect them to perform well in a bull market.....stock markets pay multiples for earnings growth and that is where you make the real money.http://shakespeare.mit.edu/
http://www.independent.co.uk/news/business/comment...
Beardy10 said:
NoelWatson said:
Beardy10 said:
NoelWatson said:
Beardy10 said:
fido said:
I'm looking at yields on some income funds (mostly FTSE 30) and they are looking good .. >7% yield .. still 40% above the 2008/9 low but it wouldn't be the worst time to buy, me thinks.
Shares paying a high income can be a good defensive measure but don't expect them to perform well in a bull market.....stock markets pay multiples for earnings growth and that is where you make the real money.http://shakespeare.mit.edu/
http://www.independent.co.uk/news/business/comment...
musclecarmad said:
who knows guys, it's down again today.
I wouldn't be putting money in at the moment but I just can't see the upside.
say if the ftse is at 5,000 what is the chance of it hitting 6000 anytime soon? i'd say very slim so there isn't even 20% upside potential for many years, people are talking of it not hitting 6000 for 20 years now.
if it's at 5,000 I think the chance of it falling to 4000 or even 3500 is believable so i'm not in.
If it got to 3500 i could see some potential upside on my money.
Fairly simplistic but it's how buffett describes things.
Thats exactly my thinking. The potential downside/risk seems to outweight the potential upside/reward - at the moment, anyway.I wouldn't be putting money in at the moment but I just can't see the upside.
say if the ftse is at 5,000 what is the chance of it hitting 6000 anytime soon? i'd say very slim so there isn't even 20% upside potential for many years, people are talking of it not hitting 6000 for 20 years now.
if it's at 5,000 I think the chance of it falling to 4000 or even 3500 is believable so i'm not in.
If it got to 3500 i could see some potential upside on my money.
Fairly simplistic but it's how buffett describes things.
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