Why is it ?

[ronk]

Why is it that whenever I decided to sell shares to buy a car that my shares seem to take a tumble.

 

[Number5]

That sounds ideal, if you've already sold them.
Now sell the car and buy back in at the bottom !

Set your top and bottom figures when you buy and then get out strictly when they hit either point. Damage Limitiation without being greedy !

 

[ronk]

Greedy - Thats the problem!

I've had good dividends over the years I've held them and seen the price rise by a couple of quid or more - yet I was "worried" over a recent 20p fall.

I need to give my head a shake

 

[cj10jeeper]

If only I could have bought and sold shares and currencies at the highs and lows I see on recent historic graphs I'd be very wealthy. Then again with such skills I'd be far too busy using those magic powers on total world domination

 

[gov]

For once I did the right thing - bought 2500 euros just before the Brexiteers managed to mess everything up - at least our holiday this year is covered - I see today the Bureaux De Change at airports are exchanging euros for 99p I wouldn't risk investing at the moment with the FTSE also dropping like a stone

 

[cj10jeeper]

For once I did the right thing - bought 2500 euros just before the Brexiteers managed to mess everything up - at least our holiday this year is covered - I see today the Bureaux De Change at airports are exchanging euros for 99p I wouldn't risk investing at the moment with the FTSE also dropping like a stone

Good for this year of course, but it's a bit like filling the petrol tank before an increase. You soon end up at the new price.

Won't be long before we hit Euro parity and on the subject of petrol, back to £1.50 given its all $ priced

 

[gov]

For once I did the right thing - bought 2500 euros just before the Brexiteers managed to mess everything up - at least our holiday this year is covered - I see today the Bureaux De Change at airports are exchanging euros for 99p I wouldn't risk investing at the moment with the FTSE also dropping like a stone

Good for this year of course, but it's a bit like filling the petrol tank before an increase. You soon end up at the new price.

Won't be long before we hit Euro parity and on the subject of petrol, back to £1.50 given its all $ priced

Yes - that is my point - managed to deflect the bullet this year but next year...and the year after etc still once we're outside the EU and enjoying all these promised world trade deals it will all be forgotten

 

[PerryGunn]

I wouldn't risk investing at the moment with the FTSE also dropping like a stone

FTSE 'dropping like a stone'....?
What markets are you looking at, the FTSE 100 is over 500 points higher than the day before the referendum, the FTSE 250 about 350 points higher and the FTSE 350 and FTSE All Share both about 250 higher...

Ignore short-term changes and the UK stock markets are definitely trending upwards and have been since mid-Feb

 

[cj10jeeper]

I wouldn't risk investing at the moment with the FTSE also dropping like a stone

FTSE 'dropping like a stone'....?
What markets are you looking at, the FTSE 100 is over 500 points higher than the day before the referendum, the FTSE 250 about 350 points higher and the FTSE 350 and FTSE All Share both about 250 higher...

Ignore short-term changes and the UK stock markets are definitely trending upwards and have been since mid-Feb

UK stock market is up for sure with the highest since Spring '15, but currency is trending down and we have yet to see the effects start to cut in of rising Dollar on everything from petrol to food to the obvious cost of holidays.

Do smile though as while it costs me more to get to Spain with the crash of the £ I'm making enough to cover the cost of holidays for the rest of my life, if I cash out

 

[ronk]

Hey hum never mind - the cash is in place for the new toy in September!