Bank of Engerland Consider Printing Money

not enough - with the chance of the premier league now playing behind closed doors, I would like a lot more thank you

I might die from boredom otherwise hahah

I think boredom would've been a big issue pre interent ,unlimited  talk time  and tv channels etc ...nowadays i can't see what the fuss is about  .

we wouldn't cope in a war

Use it to buy assets that increase in value with inflation

Banks will print trillions of pounds for themselves, if we are very very lucky they may decide to drop a few crumbs for us, yay.

If you want people to self-isolate, then you need to make sure they can't afford to go out. Handing people money right now would be the worst possible thing to do.

Effective lockdown and quarantining implies a recession on an unprecedented scale. Get that done and THEN hand out the money for a debt-fuelled recovery splurge.

or offer an indoors service for free such at netflix  ... some of the the people who will spread this will be the unwashed pro-doleys in towns who will gather round friends houses  as a general rule
...druggies ,potheads

some will enjoy the mayhem it causes

the homeless will probably be sofa surfing too  ...so they will have to mix  ,they have no choice

Dow Jones down over 6%

PeaNUTS

forget all the their will be a big bounce back blah,blah, this for starters will wipe out everyone in a drawdown sipp who,s drawing dowm, or as myself everyone in a drawdown sipp who,s not drawing it down but made plans over the next 5 years to start drawing down,
ive got the paperwork,statements,can see the carnage
richest us airlines in the world losing 75% of their value in a week

You're heavily weighted in equities during drawdown

Even if that was the case and you were taking that kind of gamble, the markets have remained open so there's plenty of opportunity to move to cash or safer funds.

for 99% of people these decisions are in hands of providers, millions of sipp policies out there because of annuity rates, what do you think their invested it ,ive no idea of the % in equities etc and I look regularly I can just tell you my 190 grand pot has lost 30 grand in 6 weeks and havnt looked after this weeks carnage, what do you do I arnt drawing down,still putting in,could get 35 grand out tax free and pay 40% tax on rest, that spishing about 60 grand up the wall anyway,and at the moment you,d be losing 1000,s a day whilst thinking about it
and as some  of the good posters on here no I,m in a reputable fund,with a reputable company standard life, not a ltter,email,phone call of them with any advice
I don't tell lies or walty mitty stories I,ll keep forum updated over next few months
ive basically written it off and if theres anything left after this ends its a brucie bonus, savings will just about get me to 66 and state pension which along with the wifes pension will get us by,but goodies will have gone
the pension freedoms is the dog that hasn't barked in this crisis yet imo

annuity rates are shocking but I,m not a greedy man and 10 years ago when I went into a sipp and ,lots of tgimes since ive considered getting an annuity, but although a single annuity would have been ok despite been shopite value,the wife would have got nothing if something had happened to me ,so when you get down to joint annuity which at least leaves the wife something,your down to roughly 3 grand a year for a 100 grand pot, the numbers didn't work for me ,although I wish had  bitten the bullet now,
we live and learn

A SIPP literally means self invested, it's not BIPP

Even if you want to devolve the decision making to someone else, you'll surely want to know what your capital is held in? You can move to cash and keep it in the SIPP wrapper. As you're in drawdown you should be in a decent chunk of cash anyway.

Do you have any idea at all what funds you're invested in?

its beyond my skill level to decide if to move into cash like millions of others thatrs why we pay someone to make them decisions, and the advice I always read is if you jump in and out of cash you miss the big tick ups everyone bangs on about,  basically 10 of the ftse too companies,someone checked the fund on here for me 2 years ago and it wasn't the worst but nearer the bottom than top, I havnt nous to work out whats in equity and whats in other investments, just telling you the falls
how many in the no piled into Sainsbury,s today thinking /hoping there going to benefit massively from sunaks measure,s up 16% at one point todays as other supermarkets morrisons were warning of going bust, maybe sunak is balls deep in Sainsbury shares

Might be a good idea to be have cash at hand in the next weeks, imo.
Bank holiday incoming?

https://www.armstrongeconomics.com/future-forecasts/the-global-market-watch-forecast-on-the-dow/
.

when they get the soccerball premier going behind closed doors I will be on the up again

Mar 18, 2020 -- 10:20PM, 1st time poster wrote:

its beyond my skill level to decide if to move into cash like millions of others thatrs why we pay someone to make them decisions, and the advice I always read is if you jump in and out of cash you miss the big tick ups everyone bangs on about,  basically 10 of the ftse too companies,someone checked the fund on here for me 2 years ago and it wasn't the worst but nearer the bottom than top, I havnt nous to work out whats in equity and whats in other investments, just telling you the fallshow many in the no piled into Sainsbury,s today thinking /hoping there going to benefit massively from sunaks measure,s up 16% at one point todays as other supermarkets morrisons were warning of going bust, maybe sunak is balls deep in Sainsbury shares

In the accumulation stage yes, but in drawdown you're really looking at capital protection as the priority. The strong performers in the main recently, like JS, other supermarkets and utilities make total sense as they should be able to maintain revenues throughout the crisis. I've been bullish on Ocado recently who are perfectly placed to take advantage and in general have an excellent product anyway with their logistics and tech edge.

donalds dow down 11% , and people on here managing their own funds out of trouble

I,m a big boy with big pants who takes responsibility for his own actions,and check my pension regularly, I cant be an outrider, must be millions out there either oblivious to their pots or others who are taking 4/5% plus  out of their sipps in drawdown getting absolutely mullered, I,m putting in and getting mullered,
predicting at worst over 24 million job losses in usa, that's trump toast,cant see him pulling his koooont out to help democrats

no no no    - premier league soccerball behind closed doors  - boris feeding me dosh to put on liverpool and citeeee

the future is bright etc   - lets get there quick   it is costing me money

DJ was far lower than this in 2016. I will be moving into US equities but not yet.

the tech edge that made Ocado close down today and refuse anymore clients because its software cant cope
its a sipp like millions of others ,in a listed fund [shoite one granted] with standard life huge company , I pay the fee,s don't think its up to me and phone up and tell them how to do their jobs or their wouldn't be a fund manager /insuerer etc out there

the plebs won't get much of it  - and quite right too

watch yourself my friend the last hero,s on here were piling into the ftse at 7150,
senate about to pass trumps massive usa bail out if you want to get in and ride the wave

Ocado gained nearly 7% today

They have a tech edge, not quite placed to serve half the nation yet.

Feels to me like ftse 100 is closer to finding it's natural level for the crisis than the US indices.

re   Ocado 

I used to get that dreadful tiny slices in a loaf of anti diabetic  low  carb bread

then I found out you got much bigger slices  from warburtons whole meal 9 g  carb per slice

what a con

ive got some sheikh bloke dropping me a lorry load of barrels off tomorrow 25 dollars a barrel, give us a shout in 6 months if you need some

People are paying $40 dollars if you can store it until next year.

if and when the normal world returns lidil and aldi will be cleaning up the baby booombers if theres any left will be flocking there, m and s,waitrose,sainsburys will get battered

My theory is people will get used to Ocado and not transfer back to manual. But I really like the model anyway, even before the crisis. The drawback is no divis as yet but capital growth has been good enough. Don't forget the key to the business is the logistics, robotics and tech, more than margins on their own supplies. Stock picking in the shop will be like people developing camera films after digital technology was available.

people who hate older - you would not do well in china  - allegedly

1st  time, im hopeless with pensions, ive a small pension thats lost near 20% in the last  2 weeks, i could take most of it out tax free in april, any suggestions ?. its a private pension with standard life

sorry elsie tuned out last night
I really am the last person to give advice , what I will say ive got emails in my inbox from Halifax,american express, capital one offering me lonas,delay,help etc etc some might say rather cynically,but not a word from standard life , new York stock ex shutting down,london could be shutting down,so markets could be closing surely their should have been a case for all funds,investments to be frozen weeks ago,
as iv said and put my house on it pensions are the dogs that are going to come back kicking and screaming when things settle a little, because like betfair for everyone that's losing there,ll be people winning,

ive got posts on here going back 5 years ,government fighting for low fees but anyone thinking a pension provider is working just as hard for someone paying 0,5% as for someone paying  uch more is plainly ridiculous, in years to come when the screaming starts pension providers will say you get the advice,actions you pay for, just mvho

usa to issue cheques in 3 weeks time
$1000 adult
$500 children

can't see how food stores benefit that much as people only eat the same amount of food long term

Base rates cut to 0.10%
Wonder if negative rates will be next

MILLIONS going to lose their jobs for an unknown amount of town,but like tv licence for 30 yrs,universal benefits etc,cant do it the easy way through helicopter money through the paye/ni system because billions will go to those who don't need it
we could always put an honesty box in each town for gary barlow,jimmy carr, and co topmost nthere,s back,dont think we,ll need to many people to count the returns,

Mar 19, 2020 -- 3:55PM, Coachbuster wrote:

can't see how food stores benefit that much as people only eat the same amount of food long term

People and kids eat more when at home, or at least from the home rather than the restaurant meal for lunch. Nobody eating in cafes, Greggs, pubs etc. Plus, as I alluded to above, even retaining revenues through the crisis will be an outlier for businesses.
Ocado won't suffer from areas being locked down and far easier to replenish a regional distribution factory.

Of course if this lasts for a year, nobody knows what that looks like.

after some advice off anyone who,s in the no regards pensions etc

saw the money man on tv last night,the last question could have been me asking ,I actually thought he must have same fund as me , he said there are only 2 real prices the one you buy and the one you sell at, anything in between is a paperloss/gain

what i,d like to no in an investment fund thats in stock markets, i understand the theory as stock prices drops you get more so called units for your money and reap the benefit of any stock price rises later
? when i/you log in you have a dashboard giving you an instant monetary value of you pot, to make it easy as an example if that pot were at zero is the fund empty,finished are do you still own all the so called units even though that day they arnt worth anything and the units are still there/yours to make use of any tick up
like if you own a BT share worth a penny today might be worth 2p next week

sorry if this sounds like a stupidly,ridiculous question to ask
i was another 10 grand down yesterday from last time i looked 5 days ago
thanks for any help

you will only benefit from any stock price rise later if you buy more at the lower price

Does provide a pause for thought over what function the stock market actually performs on a daily basis.

The vast majority of transactions are merely shifting share ownership from one person/entity to another.
It does nothing directly for the organisation who initially issued the share certificates, no new money for expansionary activities.

thanks gazo but not really what I was asking
if your pots at zero,have you a pot full of units worth zero,  on that day, which could be worth more next week,week after etc or is the pot finished for good
using zero as a kamakazie situation to make it easier to understand

Do you really think this forum is a suitable place to be asking for that advice ?

who would buy something thats valued at zero,think the stock would be gone

Many people were buying Carrillion shares just one day before they were officially valued at zero

so the multi millionaire guru martin lewis advice last night .that there only 2 prices what you buy at and what you sell it is a lie,it can automatically wash itself away,
I,m trying to do something congtact standard life for advice etc,but theres millions out there 100% totally ignorant .oblivious to whats happening to their investments,both far bigger /far smaller than
I cant imagine /pictutre a situation where CEO of standard life goes on sky tv one day  saying 1000,s,100,s of thousands of pension pots are worthless
are the so called experts , taking fees of us simply sat there rabbit in headlights,fingers in their ears hoping it will be alright on the night

you might have been better working that out when everything was still high instead of thinking about when they are dropping

ok clever koooont you don't no,understand would suffice

just saw what happened in 2008,not a clever kooont,these experts tell you to do one thing and they do the opposite

Mar 20, 2020 -- 12:24PM, GAZO wrote:

just saw what happened in 2008,not a clever kooont,these experts tell you to do one thing and they do the opposite

you're right about the experts

a couple of years ago someone on here ran an experiment where he compared the performance of brokers recommended sells to the general market. he did this a few times and doing the exact opposite of what the 'experts' recommended was a good strategy. one time the sells lost less than the overall market and another they went up by more than the overall market

just go off the phone with standard life discussing some options and it was like talking to some drunk in the betting shopping enlightening me on the virtues of the martingale system,
said he couldn't stop he was meeting 300 friends down weatherspoons

Breaking News
Seems this "social distancing "
could last a YEAR

well most companies will go bust if its lasts that long
Subsequently pension funds will run DRY

if we could only find a deluded looney to tell the world it could be over in 3 months to calm the markets, , then spook them  a day later when it becomes evident in the midst of a crsis he,s talking absolute rollocks, erhm who could we get any idea,s

donald trump

unbelievable someone  in a tin pot 3rd country beat him to it

The nutjob announced yesterday that London would never under any circumstances be shut off transport wise in and out.

I've put that statement through a decoding machine and it came out thus...

We are still adopting the herd immunity policy and as London is the epicentre we want as many people transporting it out to the rest of the country, we should be able to get a good decent spread of the virus this week-end.

Grow up.

Never miss an opportunity to “level up”

Must say i'm surprised that some experts"Motley Fool" and others are recommending  buying Ocado shares as they are performing well in a probable Bear market! Yes the price has risen during this Corona virus as expected but surely once this crisis is over(assuming it will one day), the share price will fall as buyers have stocked their houses with food up to the rafters and the company has proved it can't cope with huge demand. Lots of potential customers can't get onto the website and probably won't return. Poor buy recommendation imo.

lots of bog bog standard managed funds are stock full of what you,d currently describe as kamakazie shares oil companies, banks,insurance companies

add in certain recession, followed by brecxt and all these big firms and those getting bail outs will be cutting/stopping the holy grail of fund managers and these funds dividends, all of course means giant increased benefits bill and massive tax rises in future for those who think it doesn't effect them, just my opinion of course,

If only Jeremy had been in charge!! All this could have been avoided!! Eh giggilo?

always  follow  your  gut instincts  and knowledge  of a particular company  and its future potential, never  follow expert  advice, analysts  are only
worth  reading to learn more facts about a company, facts you  will not be aware of, most institutions  will beat the public's opinion and overall performance
in share dealing, only when it comes to selling, as warren buffett has said you  dont have  to be a genius to make  money  on the stock markets.

you should have finished the sentence off, WITH OTHER PEOPLE,S MONEY

when buying shares ask if you get a real paper certificate, you may be able to wipe your @rse with it when the bog roll runs out

Years ago I remember reading the Motley Fool and thinking it was trustworthy. I've realised I've read a huge amount of bullsh1t on it since.
I'm not saying I don't read things still but I take it with a pinch of salt as just one small piece to take into consideration.
Certainly wouldn't trust it's opinion on anything without a great deal of thought and comparing it to other opinions.
It may well be just more bullsh1t so they can write about something  .. much as I do ;)

1st time poster

To answer your question we need to know the exact funds (or fund of funds).

In general I agree with Martin Lewis, all that counts is the price you buy and sell at. Though his advice will typically be too conservative (small c). His game is not really stock market investment.

As I alluded to in the thread, whether you're in accumulation, or preservation (like you) is very important.

only take your own advice   but personally  i would see this out long term.... it's a bit out of proportion , too many panic sellers   ...i can see stocks rising eventually to 7500 but not for a very,very long time of course .

not even sure gold and futures  a good bet right now ...will we get high inflation    ...i'm none the wiser .

FT still a  higher figure  than it was in 2009 (although about the same  level in real terms)

Wage help of 80% upto £2500 a month

Gonna cost £30billion?

thanks for the reply cider
talked to standard life today,got a selection of from some young lad of
it,ll be alrite  on the night
it wont be as bad as you think
don't land yourself with a large tax bill
and do you want a bespoke financial adviser for £400,not if he,s no better than the £600 adviser who sold me this crock of shoite
i,m in st life investments dynamic distribution services 4 pension fund
globally diversified  index fund thats passive

Seems the USA is giving $1200/500 to each adult/child
earning under $75k

and bailouts for the airlines
which the uk is NOT going to do

not sure if usa are paying % of wages like uk but with all these bailouts after not putting things right after 2008 bailouts,what can possibly go wrong

£30k per annum tax-free roughly equates to £50 per annum income which is nearly double average salary in London; will go a long way outside London.

Bailouts to airlines? BA was against the same for Flybe, correct? And that airline met its demise without it. A classic case of double standard, if so.

USA paying out next week
Wonder where the monopoly munie is coming from?

They just keep printing
https://www.usdebtclock.org/world-debt-clock.html