How do you invest the money you make?

[jimibt]

can see why *the donald* is not amused by the conflagration of current events. entire re-election strategy fashioned around the DOW miracle...

oh dear, can just see inside his poor little head right now

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[Euler]

Italian market fell 17% today

[Trader Pat]

can see why *the donald* is not amused by the conflagration of current events. entire re-election strategy fashioned around the DOW miracle...

oh dear, can just see inside his poor little head right now


trumpety-pump.PNG

Better not show him this then

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As much as people bang on about what a nasty man he is the threat of a recession is why he's now odds against to win re-election

[Atho55]

Buy to Let property. Look for developers struggling to sell new properties and offer massively below what they are asking. They can only say no.

Buying new you can look for NHBC 10yr warranty on building, central heating boiler will be new and be built to latest spec. This equals a few worry free years when it just ticks over in the background.

Likely to be 20% deposit.

Employ a decent letting agent. Set a reasonable rent to make it attractive to get people in and want to stop in.

If you want to furnish it put new stuff in as it`s more likely to be looked after.

The rent minus agent fees should be enough to cover the mortgage in most cases. The tenant is essentially paying your mortgage for you and you will be gaining by the property value increasing.

Make sure you keep your accounts in good order. Let an accountant do your self assessment. Make sure you insure it.

Sit back and let the money roll in... let the agents do everything else.

[megarain]

It's a decent question when u try and catch a falling knife, and buy the market.

Dow off 8000 points. That's an insane amount, given most Americans use the markets for pensions.

At some point, long term buyers will fight the tide and re-enter the market.

My investments have lost close to 6 figure sums, the last 3 weeks, but will still be looking at buying quality companies.

Dow now 21500.

[jimibt]

Buy to Let property. Look for developers struggling to sell new properties and offer massively below what they are asking. They can only say no.

Buying new you can look for NHBC 10yr warranty on building, central heating boiler will be new and be built to latest spec. This equals a few worry free years when it just ticks over in the background.

Likely to be 20% deposit.

Employ a decent letting agent. Set a reasonable rent to make it attractive to get people in and want to stop in.

If you want to furnish it put new stuff in as it`s more likely to be looked after.

The rent minus agent fees should be enough to cover the mortgage in most cases. The tenant is essentially paying your mortgage for you and you will be gaining by the property value increasing.

Make sure you keep your accounts in good order. Let an accountant do your self assessment. Make sure you insure it.

Sit back and let the money roll in... let the agents do everything else.

all makes perfect sense... just ned to find some free cash and I'm in!!

[jimibt]

It's a decent question when u try and catch a falling knife, and buy the market.

Dow off 8000 points. That's an insane amount, given most Americans use the markets for pensions.

At some point, long term buyers will fight the tide and re-enter the market.

My investments have lost close to 6 figure sums, the last 3 weeks, but will still be looking at buying quality companies.

Dow now 21500.

this is a materially different market to 4 weeks ago. sentiment and nuance are gone. we're in bear territory. much more to give on this (and other global markets) i feel.

don't have a crystal ball, but reckon this could continue for the next 6-8 weeks minimum. IF mr trump falls victim to the virus (as alluded to regards his contact with Fabio Wijangarten), then we're into a whole new ball game.

Not an expert or even a prepert, but time to sit it out i feel, or exit with a loss with a view to reentry once things have settled. We have NO clue how the oil markets will react if there transport grinds to a halt.

anyway, lets hope it's less impactful than predicted. (Dow now at 21,200 - we're into the selloff period so think it may pop below 21k)

[jimibt]

tbh - if we look at ytd, it was pretty much flatlining since january, don't ask me why that may have been but we're now in freefall i think, at least until summer "!"

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[arbitrage16]

Not an expert or even a prepert, but time to sit it out i feel, or exit with a loss with a view to reentry once things have settled. We have NO clue how the oil markets will react if there transport grinds to a halt.

[/quote]

This is...not good advice. Exiting for a loss, to then re-enter later - at a point where the market has gone up - and so compound losses.

If you need the money in a short time frame, you shouldn't have been in such a volatile market, or you should have sold weeks ago when the signs were there.

If you are working to a longer time frame, then you sit and hold, wait for things to get really bad, and then begin to buy slowly back into the market.

Any other advice, as above, is based on pure fear.

[jimibt]

Not an expert or even a prepert, but time to sit it out i feel, or exit with a loss with a view to reentry once things have settled. We have NO clue how the oil markets will react if there transport grinds to a halt.


This is...not good advice. Exiting for a loss, to then re-enter later - at a point where the market has gone up - and so compound losses.

If you need the money in a short time frame, you shouldn't have been in such a volatile market, or you should have sold weeks ago when the signs were there.

If you are working to a longer time frame, then you sit and hold, wait for things to get really bad, and then begin to buy slowly back into the market.

Any other advice, as above, is based on pure fear.

definitely not advice - NEVER take my advice. this is pure opinion. i'm really just saying that being exposed while things are so volatile is probably not the best way to enjoy a night's sleep and i personally enjoy dreams of sheep and bunnies (and abundance of loo rolls etc) etc

[arbitrage16]

Not an expert or even a prepert, but time to sit it out i feel, or exit with a loss with a view to reentry once things have settled. We have NO clue how the oil markets will react if there transport grinds to a halt.


This is...not good advice. Exiting for a loss, to then re-enter later - at a point where the market has gone up - and so compound losses.

If you need the money in a short time frame, you shouldn't have been in such a volatile market, or you should have sold weeks ago when the signs were there.

If you are working to a longer time frame, then you sit and hold, wait for things to get really bad, and then begin to buy slowly back into the market.

Any other advice, as above, is based on pure fear.

definitely not advice - NEVER take my advice. this is pure opinion. i'm really just saying that being exposed while things are so volatile is probably not the best way to enjoy a night's sleep and i personally enjoy dreams of sheep and bunnies (and abundance of loo rolls etc) etc

Fair enough, I suspect we are at different stages in our investing lifecycle so our attitudes to risk differ greatly, but I felt your perspective needed challenging as there was no caveat regarding investment time-frames.

[jimibt]

Not an expert or even a prepert, but time to sit it out i feel, or exit with a loss with a view to reentry once things have settled. We have NO clue how the oil markets will react if there transport grinds to a halt.


This is...not good advice. Exiting for a loss, to then re-enter later - at a point where the market has gone up - and so compound losses.

If you need the money in a short time frame, you shouldn't have been in such a volatile market, or you should have sold weeks ago when the signs were there.

If you are working to a longer time frame, then you sit and hold, wait for things to get really bad, and then begin to buy slowly back into the market.

Any other advice, as above, is based on pure fear.

definitely not advice - NEVER take my advice. this is pure opinion. i'm really just saying that being exposed while things are so volatile is probably not the best way to enjoy a night's sleep and i personally enjoy dreams of sheep and bunnies (and abundance of loo rolls etc) etc

Fair enough, I suspect we are at different stages in our investing lifecycle so our attitudes to risk differ greatly, but I felt your perspective needed challenging as there was no caveat regarding investment time-frames.

yeah, i was a bit of a barrow boy regards day trading back in the early 00's and had some great days and many bad days (marconi being suspended overnight while i held a large chunk was one example of seeing how much of a gamble it was [for me]). as such, i have ZERO investment in the stock market these days so any comments made by me are at best flippant...

[Diacritical Quark]

Dead cat bounce today with the weekend looming I suspect

[firlandsfarm]

Basically, you're wrong, and all the actual evidence illustrates it.

You are of course entitled to misinterpret my comments to fit your argument and obviously entitled to your opinion. Likewise I am entitled to my opinion ... you are wrong and commonsense, mathematics and logic illustrates that.

[firlandsfarm]

Buy to Let property … Sit back and let the money roll in... let the agents do everything else.

Yep, the first few years can be tight and you can't borrow as much as you used to be able to. Ideal investment for those wanting to grow capital medium - long term. Main downside for me is CGT, it's become an unavoidable tax for property investors and it comes in one big slug when you sell. I want to sell one of mine but I will incur £64k CGT! Yes I only have the tax because I made the profit but that doesn't really make it palatable especially when loans are so cheap.

… long term buyers will fight the tide and re-enter the market.

My investments have lost close to 6 figure sums, the last 3 weeks, but will still be looking at buying quality companies.

Yep, this is what I have been saying about timing your entry into the market. Buffet's first rule of investment … buy when others are selling!