more good news for the bargin hunters and falling machete catcher,s today,just the 4% down at the moment

the men in the no on here, losing money on last weeks bargins,last weeks bargin is in this weeks whoopsie trolley and no one buying them,

trump desperate to shaw the market up ,keep people going to work his relection depends on it

yeh all heading south so made a decision not to look at them for a year cant do much about it,last time I looked I had

a sipp worth about 185/90 grand
30,ooo shares in a well known untility company with a shoite share price but pays about 5 grand dividends a year

we might not have seen anything yet

So what we have seen.

A market being marked down sharply, then stopping volume on 28 Feb, a short weak rally and a fall back to the last support level.

The last drop is the professionals turning the screw again. But you'll note they don't seem to want to go much lower than the last bottom.
In fact they moved the index up from the low.

Each time they force the market down after a rally, they take out more weak holders, which is the object of the exercise.

Ok Crippen.

Let's imagine you  were 55 and had a 300k pension fund and wanted to retire last week.

You make the assumption that your funds will at least keep with inflation and you are happy to live off 15k a year until 66 then state pension + annuity on remaining 135k or drawn down for rest of your natural.

LAst week there was a crash that lost you 15% of your funds. (That assumes of course your pension was entirely in stocks which it shouldn't be at that age especially if retirement was planned a large chunk SHOULD have been transferred to bonds and the like, any pension provider should be doing this for you).

So you are down £45k = £255k left. LEt's assume this total hysteria blows over and ftse bounces back in a years time which is not out of the question. You draw your 15k this year = 240k left.

(This is making the assumption it's all in one lump, which during a recovery wouldn't be wise)

Stocks bounce back = 240*1.1765 [1] = £282.36K.

So in this scenario you're actually down just 2.64K on what you would have been without a crash. And that's ASSUMING you took it out in one lump sum, if the recovery was for demonstration purposes linear and you took it in small lumps throughout the year you'd approximate to just half the loss, £1.32k.

Now I'm sure tedious people on this forum will pick at how long it takes to recover the stock market but I don't give a sh1t and I'm not arguing irrelevant details, the above was a simple explanation as to my point as to how much it may not matter long term, assuming draw down, (ignoring any small change of inflation over the bounce back period). And it's also covering the bizarre worst case where your pension funds just before retirement were all in risky areas hit worst by stock market crash and nothing was mitigated by fund managers. I just looked at a random fund, SL managed pension fund 6, and it's just sitting where it was in December. Series 4 same.

I'm keeping in mind I'm on a forum where I've read the gobsmacking revelation that division and trigonometry are actually pointless and kids should be taught 12 + 12 = 33 :(

[1] Loss = initial fund * 0.85 so recovery ratio = 1/0.85 = 1.1765
(Sorry for doing division).

So that's all the good news..........

FTSE Indices since 1985

Year    FTSE-100 Index        
    Index    %            
         Change                 
2019    7542    12.1            
2018    6728    -12.5            
2017    7688    7.6            
2016    7143    14.4            
2015    6242    -4.9            
2014    6566    -2.7            
2013    6749    14.4            
2012    5898    5.8            
2011    5572    -5.6            
2010    5900    9.0            
2009    5413    22.1            
2008    4434    -31.3            
2007    6457    3.8            
2006    6221    10.7            
2005    5619    16.7            
2004    4814    7.5            
2003    4477    13.6   
2002    3940    -24.5            
2001    5217    -16.2            
2000    6223    -10.2            
1999    6930    17.8            
1998    5883    14.5            
1997    5136    24.7            
1996    4119    11.6            
1995    3689    20.3            
1994    3066    -10.3            
1993    3418    20.1            
1992    2847    14.2            
1991    2493    16.3            
1990    2144    -11.5            
1989    2423    35.1            
1988    1793    4.7            
1987    1713    2.0            
1986    1679    18.9            
1985    1413    14.7

and how many points down on when you said it was looking good??

Nice after timing geoff m.

I see you're one of those who only gives their opinion after someone was wrong.

No doubt it will recover as it did after 9/11 and the 2008 crash but where is the bottom? The sharp operators will make a killing as they always do.

The resident know it all been caught out again.

Well done peckerdunne, I knew you'd understand if I explained it.

just keep out of this market,long way to go yet and if something happens like i put earlier a bank gets into trouble or even seen to be in trouble and then it will be bad,hsbc and deutsche bank are big fav's

first go involved in shares when the woolwich gave out shares.
was told to buy affintity internet at 4.40, bought 1000 shares,
shares went to £80 and finished at ..........47p suspended.
i sold averaged at £20.
.made £16 grand n them. been hooked ever sinced.
i put a float in , and anything over that float on april 1st i take out.
have 75 grand in there.
april 2017......72k....including divis,took out nothing
april 2018......71k....took out nothing
april 2019......70k,,,,took out nothing
jan 31 2020 the float went up tp 81k
today it is 60k.
will i sell any sharers at the moment..no.
i have no money in my account , just 75k worth of shares which are vaulved at 60k.
will just st and ride out th storm.
i might put another 25k in my account and buy some more shares.
with the likes of lyolds, aviva, hsbs, man  and a few others all paying over a 6% divi,
there could be some great value out there.
maybe wait until there a few takeovers and then go back into the markets

DIE LINKE of SH!TE

0on the advice of those in the no on here I sold my granny ,re mortgaged the house and went all in when they called the bottom at 7,200 when do I get weighed in,, you,d think they,d have the good grace to self isolate from the forum for a at least a year in shame
people talk about leaVING THE MARKET as though its a 3 second phone call,those witrh the money,tools,experience,expertise are paying the government to look after their money,what chance has joe public got

fatty halligan is a charlatan, he tells porkies about our trading arrangements with the rest of the world.

the trump tax cut was followed by companies spending money on stock buybacks which is exactly what happened after bush's similar tax cuts. boeing has now had to get a multi billion dollar line of credit which it will immediately call on. laffer said trump's tax cuts would pay for themselves and he was wrong as usual.

read this 1st time poster, for the stunning (non) success of laffer inspired policies -

https://www.cbpp.org/research/state-budget-and-tax/kansas-provides-compelling-evidence-of-failure-of-supply-side-tax-cuts


i am about to run out of couscous and there is none in the supermarkets

Markets in free fall

Another 7-8 %

DOWN

Could have made a fortune shorting stock
If in the KNOW