Attention: Please take a moment to consider our terms and conditions before posting.
Savings and Investments thread
Comments
-
I disagree with this on several fronts.golfaddick said:
Good time to invest. See how the US markets open today. UK down just over 1% and European ones slightly more. Japan down 4% overnight and down almost 10% this year.IdleHans said:I had been intending to use Mrs Idle's isa allowance for an S&S but its going into a 12m fixed cash isa now until things calm down (ie Trump is removed, by whatever means). All shares looking precarious at the moment, but europeans the least worst, i'd say.
All good buying signals. If you were going to invest last week / last month all that has changed is that the market has got cheaper.
And I don't buy into all this Trump conspiracy nonsense. The guys an idiot & signalled what he was going to do before he got in.
- “Good time to buy”? AKA, “buy the dip” . Well the problem is, even after the dip on Friday, the S&P500 was 6.4% up on a year ago. Now, if there were a half-way normal regime in the White House (even Trump with some adults around him) I might buy the idea that this was a typical dip, interrupting the relentless long term growth of US stocks. But it isnt. This is Trump unchained and unhinged. The Western capitalist world has seen nothing like this.- “Everyone knew what Trump was going to do”. Nope. They didnt believe any of it was real, “nah, it’s just the Donald, owning the libs”. Least of all did the US retail investors - dumb kids who “play the market” in their pyjamas, as well as older citizens told to put their life savings in the S&P500. They were apparently buying the dip on Friday - and who was selling to them? The big institutional investors.- that last point is also why I would not dismiss the conspiracy theories at all. Patently Trump doesnt care at all about his core base lwith too much of their money in the market. He cares about people like Peter Thiel who have been bankrolling him much longer than Musk. And Thiel has a seriously troubling worldview.6 -
It is very easy to transfer funds from one to the other. If you are currently undecided but don't want to miss out on this years tax allowance then by all means put the money into a Cash ISA (but not one with redemption penalties) and you can always transfer it into a Stocks & Shares one at a later date. Transfers do not count as part of your annual allowance.Solidgone said:bloody hell what a mess and a confusing one at that. I don’t know whether to use up my ISA allowance on either a S&S or Cash investment. The trend on my investments are very much on a downward trend. My FA says just hang on there!3 -
Who do you think is driving this policy given the utter lunacy of it. There's no historical precedent to show that tariffs work so why impose them?golfaddick said:
Good time to invest. See how the US markets open today. UK down just over 1% and European ones slightly more. Japan down 4% overnight and down almost 10% this year.IdleHans said:I had been intending to use Mrs Idle's isa allowance for an S&S but its going into a 12m fixed cash isa now until things calm down (ie Trump is removed, by whatever means). All shares looking precarious at the moment, but europeans the least worst, i'd say.
All good buying signals. If you were going to invest last week / last month all that has changed is that the market has got cheaper.
And I don't buy into all this Trump conspiracy nonsense. The guys an idiot & signalled what he was going to do before he got in.
No economic commentators can explain it in a world built on free trade.1 -
Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.2
-
And this is going to work in a world built on free trade, growth and global markets? Any historical precedents to illustrate the success of such a policy.guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.
0 -
S&P just went through another support at 5504. 5400 is next.
Conspiracies my arse. The Tech Bros had lost 208bn between them, last I looked, and it will be much worse by now. Cockup almost always wins over conspiracy.2 -
You see it simply as a cockup? It's a bizarre policy to embark on given there is no historical precedent of it working. Doesn't make any sense....WishIdStayedinthePub said:S&P just went through another support at 5504. 5400 is next.
Conspiracies my arse. The Tech Bros had lost 208bn between them, last I looked, and it will be much worse by now. Cockup almost always wins over conspiracy.0 -
Possible capitulation just below that support and it's a buy already ... I'm holding fire for a bit.0
-
He is also trying to remove China from supply chains to the USA.guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.0 -
guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.Aluminium smelting plants et al take years to come to production capability!1
- Sponsored links:
-
You can see what he’s trying to do with the deal over Ukraine.bobmunro said:guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.Aluminium smelting plants et al take years to come to production capability!0 -
guinnessaddick said:
You can see what he’s trying to do with the deal over Ukraine.bobmunro said:guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.Aluminium smelting plants et al take years to come to production capability!
... and Greenland.0 -
All his policies will do is fuel inflation. The large manufacturing corporates, like the car giants, might move production back to the US, but all that means huge additional costs which will all have to be swallowed by US consumers. Economics as taught by the Trump University!bobmunro said:guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.Aluminium smelting plants et al take years to come to production capability!2 -
and the threats to Canadabobmunro said:guinnessaddick said:
You can see what he’s trying to do with the deal over Ukraine.bobmunro said:guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.Aluminium smelting plants et al take years to come to production capability!
... and Greenland.0 -
About time they did this: https://www.bbc.co.uk/news/articles/c62z32pyegyo0
-
I'd prefer it if Trump can stand for a third time, purely because that would mean he will need to win votes from people.
A Trump with nothing to lose terrifies me in terms of what he can do to financial markets.0 -
A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!0
-
I'm fine, put all my anti trump thoughts on Signal, secure AF9
-
Not true of Thiel though. Forbes says he has put on $2bn since Jan. And as for the others, they are paper losses, and none of them seem bothered, do they? All lining up to kiss his arse, and Bezos has kindly re-tooled the Washington Post as Trump’s Rude Pravo. None of this is normal business behaviour.WishIdStayedinthePub said:S&P just went through another support at 5504. 5400 is next.
Conspiracies my arse. The Tech Bros had lost 208bn between them, last I looked, and it will be much worse by now. Cockup almost always wins over conspiracy.2 -
Wasn’t this the case when he was first in office?Killarahales said:A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!0 - Sponsored links:
-
Trump was constrained by his own party, the deep state/establishment, congress, the supreme court and the media. On top of that he had an eye on being re-elected. None of that's true this time around and he's also clearly backed by people who have an opaque agenda but are seemingly invested (in every sense) in destroying the status quo.guinnessaddick said:
Wasn’t this the case when he was first in office? WhenKillarahales said:A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!1 -
To much panic & hyperbole of this thread.
The Dow & the S&P500 both finished UP today. Dow Jones up 1% and the S&P up 0.5%. Nasdaq down slightly at 0.14%.
0 -
They've done that for years, land of the free hasn't been very free since September 11th 2001Killarahales said:A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!1 -
I don't recall him saying anything about Canada being a new state or Greenland. He's the most dangerous man in the world right now. This isn't unmitigated panic.
S&P 500 is now at September '24 levels after a slight growth last week. I'm about 99% Cash ISA.0 -
WW2hoof_it_up_to_benty said:
And this is going to work in a world built on free trade, growth and global markets? Any historical precedents to illustrate the success of such a policy.guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.3 -
Unless I'm mistaken GATT was set up in 1947 to promote world trade by reducing barriers with both the US and UK as signatories.Southbank said:
WW2hoof_it_up_to_benty said:
And this is going to work in a world built on free trade, growth and global markets? Any historical precedents to illustrate the success of such a policy.guinnessaddick said:Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.
Not really clear how tariffs are going to benefit world trade? Given the complexity of global trade, supply chains etc a cooperative approach seems to make more sense.
1 -
Hard to make a judgement based on a couple of days. It's just guesswork given the erratic behaviour of the US President who seems to enjoy chaos.golfaddick said:To much panic & hyperbole of this thread.
The Dow & the S&P500 both finished UP today. Dow Jones up 1% and the S&P up 0.5%. Nasdaq down slightly at 0.14%.
Any assurances are empty at present. We just have to hope for the best...3 -
In his garbled press briefings Trump sometimes refers to reciprocal tariffs.Is there some grain of truth in this for some (not all) products related perhaps to a misunderstanding of VAT compared to US sales tax etc. or perhaps even other country tariffs.
Not suggesting he is correct in his approach but is it more justifiable / understandable in some instances or is his team completely off track when they reference reciprocal?0 -
valleynick66 said:In his garbled press briefings Trump sometimes refers to reciprocal tariffs.Is there some grain of truth in this for some (not all) products related perhaps to a misunderstanding of VAT compared to US sales tax etc. or perhaps even other country tariffs.
Not suggesting he is correct in his approach but is it more justifiable / understandable in some instances or is his team completely off track when they reference reciprocal?There's some data here - there are differences and most of the US main trading partners have higher tariffs - particularly India!! VAT appears also to play a part in the calculation.
0 -
I’ve read several authoritative commentators describing why it is absurd to conflate a tariff and VAT. Based on that, I have to believe that Trump has people around him who know that to do so is nonsense, but let him do so anyway. That’s part of a wider observation about the difference between this regime and Trump v.1. No adults in the room, or at least none with a spine.valleynick66 said:In his garbled press briefings Trump sometimes refers to reciprocal tariffs.Is there some grain of truth in this for some (not all) products related perhaps to a misunderstanding of VAT compared to US sales tax etc. or perhaps even other country tariffs.
Not suggesting he is correct in his approach but is it more justifiable / understandable in some instances or is his team completely off track when they reference reciprocal?3
