In my euphoria I forgot to thank @Rob7Lee for organising this. So, thanks.
I now just need my own portfolio to start taking off in 2022. 2021 was OK but I think it deserves a "could do better" comment on the end of year report. I do keep an eye on this thread for ideas as we have at least one professional and several knowledgeable individuals.
Interested in views on gold and silver. I, like many, keep this as a hedge, but they've both performed poorly recently and have followed the stock markets when they've fallen. I wonder if this is due to the popularity of crypto. I don't really want to sell at a loss but do wonder if there's something better to use a a hedge.
Anyway, time to forget that and get my arse to The Valley. Happy New Year all.
Talking about options , can anyone remember back in around 2005 there was a massive series of options due to expire and two banks (think Goldman’s and maybe Barclays) were desperately trying to move the cable rate either side of a set rate in order for the option to either hit or strike out ? Think there was about 30m in profits at stake just on that series of options depending on if it was above or below
In my euphoria I forgot to thank @Rob7Lee for organising this. So, thanks.
I now just need my own portfolio to start taking off in 2022. 2021 was OK but I think it deserves a "could do better" comment on the end of year report. I do keep an eye on this thread for ideas as we have at least one professional and several knowledgeable individuals.
Interested in views on gold and silver. I, like many, keep this as a hedge, but they've both performed poorly recently and have followed the stock markets when they've fallen. I wonder if this is due to the popularity of crypto. I don't really want to sell at a loss but do wonder if there's something better to use a a hedge.
Anyway, time to forget that and get my arse to The Valley. Happy New Year all.
considering bitcoin has literally outperformed any other commodity and appeals to the libertarians that would usually buy gold, that's probably the case
In my euphoria I forgot to thank @Rob7Lee for organising this. So, thanks.
I now just need my own portfolio to start taking off in 2022. 2021 was OK but I think it deserves a "could do better" comment on the end of year report. I do keep an eye on this thread for ideas as we have at least one professional and several knowledgeable individuals.
Interested in views on gold and silver. I, like many, keep this as a hedge, but they've both performed poorly recently and have followed the stock markets when they've fallen. I wonder if this is due to the popularity of crypto. I don't really want to sell at a loss but do wonder if there's something better to use a a hedge.
Anyway, time to forget that and get my arse to The Valley. Happy New Year all.
For gold I mainly buy sovereigns, tax free, easy to hold or sell, buy on a regular basis and its a good hedge.
Would have been a very different result today with the FTSE100 at 7,500!
so for those who wish to partake again:
message to me your prediction for the FTSE100 close price on the 30th June 2022 by 31st January but feel free to chew the cud on here for a few weeks first.
Would have been a very different result today with the FTSE100 at 7,500!
so for those who wish to partake again:
message to me your prediction for the FTSE100 close price on the 30th June 2022 by 31st January but feel free to chew the cud on here for a few weeks first.
It needed that jump, as it would otherwise have been overtaken by the French CAC-40. I've tracked that index for years because I have a fair bit in European funds and the two indices have never been close before. It probably is another example of how odd the FTSE 100 is as an index nowadays (although TBF I have never taken a close look at what's in the CAC-40).
Despite this jump I am probably going to go with a pretty modest rise on the closing day '21 index figure. I think most of the optimism about Covid is already priced in whereas other issues like inflation trajectory are far less clear.
Would have been a very different result today with the FTSE100 at 7,500!
so for those who wish to partake again:
message to me your prediction for the FTSE100 close price on the 30th June 2022 by 31st January but feel free to chew the cud on here for a few weeks first.
It needed that jump, as it would otherwise have been overtaken by the French CAC-40. I've tracked that index for years because I have a fair bit in European funds and the two indices have never been close before. It probably is another example of how odd the FTSE 100 is as an index nowadays (although TBF I have never taken a close look at what's in the CAC-40).
Despite this jump I am probably going to go with a pretty modest rise on the closing day '21 index figure. I think most of the optimism about Covid is already priced in whereas other issues like inflation trajectory are far less clear.
The FTSE 250 jumped 1.77% today and touched 24,000 intra-day.
A lot of analysts bullish on the FTSE this year but I still prefer small to mid-caps.
2022, the year Covid fades to the rear view mirror and everyone remembers we exited Europe. Not to mention the Evergrande effect. Big asset bubbles all over the place... Plenty of risk. Yet I see modest gains
Hi @WishIdStayedinthePub, I hope you will excuse my perennial cynicism about “analysts”; but in that context can you think of a New Year when the majority ( what Bob Beckman back in the day of the old LBC called “ the herd” ) were NOT largely bullish?
I prefer the measured considerations of the FT Lex team, but each to their own (money)
Hi @WishIdStayedinthePub, I hope you will excuse my perennial cynicism about “analysts”; but in that context can you think of a New Year when the majority ( what Bob Beckman back in the day of the old LBC called “ the herd” ) were NOT largely bullish?
I prefer the measured considerations of the FT Lex team, but each to their own (money)
its much more profitable to be a perma bull than a perma bear.
Hi @WishIdStayedinthePub, I hope you will excuse my perennial cynicism about “analysts”; but in that context can you think of a New Year when the majority ( what Bob Beckman back in the day of the old LBC called “ the herd” ) were NOT largely bullish?
I prefer the measured considerations of the FT Lex team, but each to their own (money)
its much more profitable to be a perma bull than a perma bear.
I think cynicism about analysts is very healthy. Lies, damn lies and forecasts. But it's interesting that there seems to be a lot of consensus amongst analysts that have been very pessimistic about the UK economy for years but are now positive.
And, as @kentaddick says, markets tend to go up in the long run, so it's never a bad bet to be optimistic.
Stumbled across this bloke recently. I think there's a lot of sense in his collection of short advice videos (other IFAs may differ on that) but it does highlight some planning considerations that might not otherwise occur. I'd regard this as a starter to help organise thoughts before speaking directly to a professional, but I've found the three or four I've watched so far to be interesting.
Stumbled across this bloke recently. I think there's a lot of sense in his collection of short advice videos (other IFAs may differ on that) but it does highlight some planning considerations that might not otherwise occur. I'd regard this as a starter to help organise thoughts before speaking directly to a professional, but I've found the three or four I've watched so far to be interesting.
Owch - it looks like the gains from the past two years might be eroded with some heavy heavy drops over the past two weeks. @golfaddick...did you change much in your approach to 2022, considering the new global and economical factors likely to hit hard?
Owch - it looks like the gains from the past two years might be eroded with some heavy heavy drops over the past two weeks. @golfaddick...did you change much in your approach to 2022, considering the new global and economical factors likely to hit hard?
I must admit I've not attended any investment presentations since early December so I'm not quite up to speed on what investment managers are thinking. Saying that, I don't think too much has changed since xmas & although markets have been up & down lately I havent see too much to get me worried.
Owch - it looks like the gains from the past two years might be eroded with some heavy heavy drops over the past two weeks. @golfaddick...did you change much in your approach to 2022, considering the new global and economical factors likely to hit hard?
Its currently tech dragging the markets down. Trouble is, as I’ve often pointed out, if you hold the popular growth funds, you hold more tech than you are probably aware of. The FTSE100 held up better than most global indices today because it has very little tech.
Not heard of any of them. Just moved my pensions to Royal London via an IFA. Showed me a number of options but Royal London was ok with both of us. Charge is 0.4%pa. Can take drawdown when I want but no need to now. Not taking 25% tax free now as don’t need the cash.
Comments
so for those who wish to partake again:
message to me your prediction for the FTSE100 close price on the 30th June 2022 by 31st January but feel free to chew the cud on here for a few weeks first.
Despite this jump I am probably going to go with a pretty modest rise on the closing day '21 index figure. I think most of the optimism about Covid is already priced in whereas other issues like inflation trajectory are far less clear.
A lot of analysts bullish on the FTSE this year but I still prefer small to mid-caps.
Yet I see modest gains
£25 for me, nothing for my wife or daughters...... and father in laws winning streak of about 3 years comes to an end at last!!
I prefer the measured considerations of the FT Lex team, but each to their own (money)
And, as @kentaddick says, markets tend to go up in the long run, so it's never a bad bet to be optimistic.
( Actually I'll drink to anything....:-) )
I think I'm right in saying once you take 25% you'll be restricted to paying in a maximum of 4k a year into pension.