FTSE 100 looking good.

Okay Just Checking.

Now tell us what someone who has just retired, is supposed to live on if he doesn't take his pension?

He's got no savings, just his pension.

What you're on about doesn't apply to the normal married bloke.

He has difficulty making ends meet when he's working let alone when he's retired.

foook me its not rocket science if you've just started auto enrolment in last few years on the minimal amounts invested by both employer and employee, plus fees and providers are trying to make you 2,.3.4% at best and markets are tumbling 10% plus,and before the fall were behind levels of 2 years ago,its wont look pretty on paper for those been promised nest eggs,
I,m not talking about saVY INVESTOR,S AND THOSE WHO UNDERSTAND HOW THESE THINGS pan out, but people who are now paying 4% of their wages instead of 1% and be expecting to see big gains

for those going about  choice this could be the 1st test,people on draw downs,sipps will be drawing money out as their pots are getting so called ravaged, all ready been talk of raising the  age you can access your pots in next weeks budget
fixed incomes v stopped investing v drawing down v tumbling markets, IS GOING TO END IN TEARS

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

bloodbath

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,

we might not have seen anything yet,all we need is a big bank to show how much trouble they are in and then we will see a bloodbath

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

he 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

Haven't you got any assets at all 1tp?

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

That sounds okay 1tp.

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.

Last bottom 6460.
Today's low 6431.

Todays finish 6471.

And that's taken from the combined total of a hundred stocks. Coincidence? Absolutely not, it happens all the time.

Note the volume 1.98b and 1.05b. today = reduced selling.

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).

I was going to invest £75k in shares this year.  Good job I never got round to it!

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

just need to stick 60k in now , simples

15k on some nag at chelters

moneytree will give you a tip

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

Looking on the bright side - the FTSE100 is 178 points higher than it was at ten past eight this morning. Lol.

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

It'll go back up and they'll still push the narrative of the cashless society. Why when its going back up?

Nothing makes any sense in this world it really doesn't, the yanks are blaming their market "crashes" on this virus.... so what happens when the virus ultimately disappears? don't expect an answer from the little twerps

Nice after timing geoff m.

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

Doc i believe that's a question asked by Geoff, not giving an opinion...

Can't you just answer it

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.

Doc i believe that's a question asked by Geoff, not giving an opinion...

Well peckerdunne, that was a rhetorical question from geoff m. You do know what rhetorical means?

Nobody on here needs help to take one number from another.

The resident know it all been caught out again.

Well doc, i think he was implying you are full of dooodies

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

He thinks he's the leading authority on every single subject but in fact
he's full of doodies.

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

JML seems very upset.

He must be losing a packet, I can't see any other reason why he' should be so sore.

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

Crippen aka Sh1tfinger

DIE LINKE of SH!TE

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


A friend of mine bought either 10,000 shares or £10k's worth.  In any case, he was in at a low price and made around £330K.

He tipped them to me when he bought them.  I didn't buy any.  I monitored them for a while and saw them double in price.  I was disappointed but thought, never mind.  Forgot about them until several weeks later, nearly fell off my chair when I opened my aper and saw them trading at £50!

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

I listen to that liam halligan a lot don't agree with his politics etc but seems to no his stuff
he was on about the massive tax cut given by Donald trump a few years back as a capitalist he always argued and agreed that a big tax break like cutting high rate 50p band etc encourages people to work harder and pay more tax at the lower rate, in the usa after trumps huge tax cut borrowing went up by 13 trillion,completely the opposite to what he and capitalists have argued for a 100 years,latta curve and all that

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

running out of couscous must be one of lives great pleasures, here,s a free tip keep the box and throw the couscous away

I tried to whoard-buy chunky kit-kats, bought white ones by mistake

I've bought some L&G shares at just under 200.  They seem to have a buffer against covid with a large annuity book.

Markets in free fall

Another 7-8 %

DOWN

Could have made a fortune shorting stock
If in the KNOW

FTSE 100 is down 9.6%

that's because loltrump's big speech has sent wall street down 7% and suspended at open.

as mark carney spoke yesterday easy money for everyone markets went from plus 2% to flatline
sunak spoke a load of rollocks money for everyone,markets dropped over 2%
trump speaks blames everyone but himself/usa,markets drop 10%

join the dots the canteen lass opinion is as good as anyones

the DOW now lower than when trump took over his actions last night causing todays falls,been promising a huge rescue package all week instread bans travel from EU, will be dsaving his rescue package till it has more effect closer to his re election bid, hopefully he,ll get stuffed

carnage, banks running out of cash to pay the sellers.


as ever the frauds will be uncovered by the rapid retreat...

The FTSE100 down almost 26% on the year.

Some great buying opportunities when it flattens out.

Dunno how people can blame one idiot for a market crash

Trump banning travel is what everyone wanted? of course it was going to crash the market somewhat ffs

Couldn't make it up

cause theres some great buying opportunities to the loons the same ones they said at 7,200 bottom, 2000 points ago last week,

Couldn't resist--invested this years ISA when the FTSE was 5555--wasn't long before I was £500 down.

I,ll say it again slowly just to shut those supposedly in the no up, those who are in the no,have the money,skills,experience etc are paying the government to look after their money, not trying to make a dime paying the government to return whats their,s intact , that leaves the chancers ,charlatans ,and guessers ,

The FTSE100 down almost 26% on the year


Someone on LBC said the fall over the past three months is the biggest over the same period since the South Sea Bubble crash in 1720.

for all the patsy spiv sellers out there who tell you your in it for the long term, the ftse is over 20% tonight from where it was 20 year,s ago,
question I keep asking is if todays 60 yr olds have had a bash invested a few 100 a month for 40 years seen the ftse go from 2000 to 7000 ,saw saving rates/investment promises of 20% plus in good times are struggling to get a decent return today, with ftse stagnant up and down,recessions looming savings rates of zilch, investors not even promising 2/3%, how the foook do people starting out today stand a fooooking earthly of making it worthwhile

As Warren Buffet has said, the best time to buy is when others are selling and running away. It may surprise some but this is a gambling website and many reflect that in their approach to the stock market,its all your choice.

for most of joe public it in the hands of some investment fund manager,most couldn't name you a company their pot is invested in

The US with a mere 23.5 trillion dollar national debt will see the Fed throw in a few more trillion to shore up the economy.

Plunge protection team on speedballs.

The US markets are pretty disgraceful

its easier to get a fair price for what you want to sell when folk are keen to buy.




trumps travel ban will reduce space in them cargo holds for import export.

i doubt he knew cargo went on passenger planes rather like raab not knowing
trade in uk came through ferry ports.

4% up today

seen a bloke [ loony] on tv the other day say don't worry markets went down 5% yesterday but up 5% today, no thought or savy enough to realise that it was 5% up on a number that was 5% down, [:laugh:,
used to laugh ,argue,shake my head at lads at work who used to shrug their shoulders at a pay freeze its only 2%, couldnt figure out thats its 2% for the rest of their time in job ,you never get it back]

Your illogical rantings are tiresome  you suggest someone on here gave advice to invest, the op asked a question, no one advised investing.You should calm yourself down before you lose the plot completey.

Too late bread , ftp went into hysteria mode long before the coronavirus arrived

1st 2 posts one invested 5 grand,2nd Crippen called the bottom on feb 26 or about 2000 points ago,

having read the thread i would go to 1tp for investment advice before i would go to quite a few others on here.

not that i want any investment advice or have any money spare to invest

Like the bible swagger, the old Jew gave his sons a shekel each to spend,one of them did nowt and got scolded easy answers with hindsight though

Crippen called the bottom on feb 26 or about 2000 points ago

Sorry 1tp, that makes you a liar or at least very stupid.

This is what I wrote:

If it finishes where it started today, and the volume is low, it's a good bet we're close to or have seen the bottom.
Of course nothing's certain or there wouldn't be any losers.
Have another good look later today.


That day recorded second highest volume for two months.

These details that seem like trivialities to your simple understanding 1tp, are in fact very important.

might sound flippant, and i acknowledge myself as a liberal/snowflake etc, but should we and other governments affected be seeking reparations from chinese ?? sars 4 years ago, 4 years till next one, as long as treat animal welfare with impunity these viruses will happen .

my sipp is 20 grand down since end of jan and got yearly statement today and on the online calculator its 6 grand down since they emailed statement, dear do them clouds

If a few million die it will be good for the economy and the market will quickly recover, any other outcome is bad.....for the economy.

more carnage today

no,the carnage is still on its way

theres no way back for millions, those who lauded pension freedoms rightly or wrongly within 5 years will have wiped out millions,all based on dreamland  rising markets never mind once in a lifetime [ again ] crashes
must be people seriously thinking[ I,m one] of getting out what they can from the wreckage,tax free sum and taking a hit on the rest,60% of something better than a 100% of nothing

Travelex owner Finablr has said it could go bust and has had its shares suspended by the financial watchdog, after discovering 100 million US dollars (£81 million) of undisclosed cheques.

https://uk.finance.yahoo.com/news/travelex-owner-finablr-risk-collapse-122941286.html

Another example of "when the tide goes out you find out who's been bathing in the nude"?

it,ll be the same as 2008 those with the biggest mouths ,and biggest threats will be bailed out and come back richer, whilst those who lose jobs,homes ,have pension pots ravished will be told to
suck it up,
billionaires already queuing up outside no 10 for bailouts ,promising the most lied phrase in the capitalist world,we,ll cascade it down to the plebs

the markets are waiting for Gordon brown to step in whilst doris ,trump and sunak are sent on holiday

the looney right wing knuckledragger,s on  here who think falling markets are good for pensions,sippsetc must be wetting themselves with excitement and trousering zillions today,
keep hearing on here and loons on tv 2currently saying don't worry like 2008 markets will bounce back ,means absolutely sweet foook all if theres nothing in the pot to take advantage of it,
heard it last week,thought about it myself and was just seriously discussed on sky about shutting the markets down, the experts didn't really have an answer,you,d have thought there would be obvious reasons either way, he just seemed to shrug his shoulders and say doesn't really no

it wouldnt be a true market if you shut it down when it falls

was just surprised you,d think it was a ridiculous question asked by someone in a pub,but he sought of thought for a few seconds as though yeh maybe we could
doesn't fill anyone with confidence that its a well oiled machine

it should and was very well oiled,its just that its now **** which is why it was so high before this fall

Top Tippen from
Dr Crippen

whats wrong with **** ?

This is the funniest thread since the folk at Money Saving Expert thought they had found the holy grail in the First Goalscorer Markets!

don't knock it that money making expert who told everyone,every council in the uk to put all their money in Icelandic banks at 6% interest rates months before they crashed,also advised everyone to take out gas/electric long term deals weeks before the oil price crashed of a cliff, sold his website for zillions and is never of tv advising people what to do with their money

nothing wrong with us having an opinion, every so called expert on tv daily repeating the reasons for market crashes,of which we all no and absolutely none of them with an ounce of an idea of whats needed to halt the slides

all this shoite blah blah from ministers we,re ready to step in to help individuals,buisnesses etc in the middle of crisis how,s it remotely possible to help people out and quickly,other than a basic pay out to everyone,giving people the universal credit hotline number aint going to cut it

Mar 16, 2020 -- 3:11PM, The Management wrote:

This is the funniest thread since the folk at Money Saving Expert thought they had found the holy grail in the First Goalscorer Markets!

No doubt about it!

Top Tippen from
Dr Crippen

Didn't tip it you clown, read the posts.

^^That was to geoff m.

Mar 16, 2020 -- 3:06PM, geoff m wrote:

Top Tippen fromDr Crippen

Lol

Tut tut, more aftertiming from politics pauper.

FTSE 100 looking good.
Dr Crippen

lfc thinks crashes are good for sipps and pension holders,
shrewdies everywhere you turn,

Mar 16, 2020 -- 5:40PM, 1st time poster wrote:

lfc thinks crashes are good for sipps and pension holders,shrewdies everywhere you turn,

Surely you aren't serious? One of the lfcs actually said that?

Politics pauper - thick as two short planks.

This is what I wrote:

''If it finishes where it started today, and the volume is low, it's a good bet we're close to or have seen the bottom.
Of course nothing's certain or there wouldn't be any losers.
Have another good look later today.''


That day recorded second highest volume for two months.