Brexit rollecoaster Brexit rollecoaster
Posts 1 to 10 of 10
  1. #1

    Banned

    diseasex has more data than eek


    Join Date
    May 2015
    Location
    Manchester
    Posts
    1,990

    Default Brexit rollecoaster

    Do you take the risk and hold onto stocks/ investments? Or cashout

  2. #2

    Super poster

    The_Equalizer is NOT a disguised employee

    The_Equalizer's Avatar
    Join Date
    Dec 2005
    Location
    Back end of UK PLC
    Posts
    2,569

    Default

    Quote Originally Posted by diseasex View Post
    Do you take the risk and hold onto stocks/ investments? Or cashout
    You're quids in so far.

  3. #3

    Double Godlike!

    stek - scorchio!

    stek's Avatar
    Join Date
    Oct 2009
    Location
    East of Eden
    Posts
    11,501

    Default

    Quote Originally Posted by diseasex View Post
    Do you take the risk and hold onto stocks/ investments? Or cashout
    What does your Ray Winstone say?

  4. #4

    My post count is Majestic

    AtW is a fount of knowledge

    AtW's Avatar
    Join Date
    Jul 2005
    Posts
    51,446

    Default

    Quote Originally Posted by The_Equalizer View Post
    You're quids in so far.
    Only if he sells...

  5. #5

    Respect my authoritah!

    NotAllThere is always on top

    NotAllThere's Avatar
    Join Date
    Aug 2007
    Location
    Far away from HMRC
    Posts
    20,954

    Default

    I cashed out end of November. Fortunately the gains since the referendum in the UK stock market almost made up for the loss due to forex - and I put the money into Swiss/US shares which have more than made for that forex loss.
    Hmm. I'm beginning to suspect that you need to find all the packing the computer came in...

  6. #6

    More fingers than teeth

    BlasterBates - scorchio!

    BlasterBates's Avatar
    Join Date
    Jul 2005
    Location
    1922 Commitee
    Posts
    14,021

    Default

    FTSE shares are largely immune from Brexit. I have an international portfolio and the FTSE shares I own have gone up in value in EUR since the Brexit vote, i.e. they're doing better than offsetting the devalued pound.

    One of my best performing shares this year is a Greek company, which has almost doubled in value over the last 12 months.

    I'm alright Jack

  7. #7

    Banned

    diseasex has more data than eek


    Join Date
    May 2015
    Location
    Manchester
    Posts
    1,990

    Default

    Quote Originally Posted by BlasterBates View Post
    FTSE shares are largely immune from Brexit. I have an international portfolio and the FTSE shares I own have gone up in value in EUR since the Brexit vote, i.e. they're doing better than offsetting the devalued pound.

    One of my best performing shares this year is a Greek company, which has almost doubled in value over the last 12 months.


    FTSE 100 7,416.03 positive +0.64%

    I guess investors are bullish about all this brexit. Partly due to pound falling. I guess the LSE might be the hit of 2017-2018. Providing there will be no nasty surprises about the economy.

    Big risk anyhow

  8. #8

    My post count is Majestic

    AtW is a fount of knowledge

    AtW's Avatar
    Join Date
    Jul 2005
    Posts
    51,446

    Default

    Quote Originally Posted by BlasterBates View Post
    FTSE shares are largely immune from Brexit.
    Not immune from new UK taxes though!

  9. #9

    More fingers than teeth

    BlasterBates - scorchio!

    BlasterBates's Avatar
    Join Date
    Jul 2005
    Location
    1922 Commitee
    Posts
    14,021

    Default

    Quote Originally Posted by diseasex View Post
    FTSE 100 7,416.03 positive +0.64%

    I guess investors are bullish about all this brexit. Partly due to pound falling. I guess the LSE might be the hit of 2017-2018. Providing there will be no nasty surprises about the economy.

    Big risk anyhow
    It's not so much that investors are bullish about Brexit but that a lot of FTSE 100 companies are multi-national, so if the UK goes down hill they simply earn elsewhere. Ashtead is a good example of a British company that has expanded so rapidly in the US, it doesn't really matter any more what happens in the UK. Plenty of companies you can invest in outside the UK eg Toyota that have factories in the UK, i.e. just make sure your portfolio is diversified. Many big international companies will be affected to some extent by Brexit regardless of whether they're in the FTSE.
    I'm alright Jack

  10. #10

    Banned

    diseasex has more data than eek


    Join Date
    May 2015
    Location
    Manchester
    Posts
    1,990

    Default

    Quote Originally Posted by BlasterBates View Post
    It's not so much that investors are bullish about Brexit but that a lot of FTSE 100 companies are multi-national, so if the UK goes down hill they simply earn elsewhere. Ashtead is a good example of a British company that has expanded so rapidly in the US, it doesn't really matter any more what happens in the UK. Plenty of companies you can invest in outside the UK eg Toyota that have factories in the UK, i.e. just make sure your portfolio is diversified. Many big international companies will be affected to some extent by Brexit regardless of whether they're in the FTSE.
    Yeah but if FTSE will be raising it might drag rest of the LSE along with it

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •