unless mortgage rates hit 15% then I know I can get a better return on my money in the market rather than paying down my mortgage 
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Bull Market 
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Seeing the words âbull marketâ is a little strange. The sky was falling a few weeks ago!
Uncertain times still to come, I fear.
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With the current situation in Euprope with energy prices (yet yo take effect in winter) and the Chinese housing bubble looking to bust Iâve concentrated my ETFs in the American markets. I still think the saftest choice is to convert to cash and rebuy in March. Only time will tellâŠ
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Imo, the global recession is gonna catch all markets. Blackrock and vanguard is doing a great job in centralising all the risk. ETFs wonât escape the repricing
We should avoid getting involved in conspiracy theories. When the markets go down by definition main market index funds go down and again by definition so will ETFs that track main market indices.
Very sadly recessions cause pain but economic downturns are inevitable and a brief consideration of economics makes one realise they may even be necessary. No, I am not saying they are fun.
The reality that is that when a recession is on the cards risk aversion sets in and and people become less inclined to invest in stocks and so there is further tumbling in the markets. OK. So we might think, âHey hang on!â My stocks are up. Things are good. And in any case bad stuff is already priced in.
Well, very true, it might be you have the âright stocksâ. But it might be also because of the people that are buying stock are doing so because they think âsale sale saleâ means âbuy buy buyâ. If it is the latter beware - not much good will come out of it. Now is the time to do your homework, if you havenât already, and decide what is worth it and what isnât.
And now, is also the time to make sure your contingency plans and your finances are in order.
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100% and I couldnât agree more. No matter how long a reaction last itâs a good reason to take a long hard look at your tolerance to risk.
Have you got 3/6 month worth of bills in savings?
Do you need to revisit insurance policies you might hold, is the cover still suitable?
Has âlifestyle creepâ left you with former luxuries that you no longer value as highly, streaming services, extra mobile data âŠ
The other thing to remember is that a recession and the price of stocks are not correlated as tightly as one might imagine.
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In my former working life, I used to advise people in financial difficulty. The number of people who had no clue how much they were spending on what each month was quite eye opening at first. Itâs amazing what carrying out a simple budgetting exercise can achieve, and it was almost always the case that people could make often significant savings that would help with their finances.
In effect, review everything you spend; do you need it? Can you get it cheaper? Can you spend less on it? Do you set a budget? Is that coffee every morning necessary? 2 pints instead of 3? etc.
Yes, it can be about making âsacrificesâ, but the same concept can be applied to wanting to achieve something. Someone in my family who I helped with their budgetting, managed to put 3 children through private school when at first glance there was no chance their income would allow it.
If itâs any help, these are the steps I use.
List all necessary outgoings, question everything (i.e. do Sky have offers? etc), and set a budget for food, cash, entertainment and clothes. Then stick to your budget - that takes discipline but that is also the key to success.
This is the (free) tool I use:
Hope that helps.
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Agree with a lot of this, and another to add would be the type of products people buy. A lot of people buy branded products, but even moving to supermarket brands can cut a shopping bill by a hefty amount.
And while I didnât work in finance management, I worked in retail management for over a decade and the number of people who couldnât afford what they were buying but needed the food for their children etc. We would help them switch from brands to supermarket brands which saved them quite a bit.
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There is no cheaper version of buckfast 
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Home made elderberry wine?
Does that contain chemicals?
If you drinking buckfast, your probably cutting out food costs entirely 
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Yahoo use a different close price to FT, I think they use mid while FT use last trade price, canât remember. If you look at google finance I think they use same as FT.
Youâll notice this across platforms.
Both Yahoo and Freetrade use different data sources.
IEX for Freetrade, NasdaqGS Real-time price for Yahoo
But even then both are slightly off nasdaq themselves. though yahoo is much closer.
That said when I had a look myself across all three, with were all within $0.01 of each other. Thereâs not much in it
I always take âreal-time pricingâ to actually be near real-time, no matter the source. the important thing is youâll get the best price possible on a trade.
The bigger difference ive noticed is you might see a larger spread of numbers after closing. I think this might be down to whatâs taken as the âlastâ price. and how often they update after close.
There is a really good book by Michael Lewis called Flash Boys. It should really be required reading for all investors but among other things tells the story of how high-frequency traders spend millions to get meters closer to the exchange & straight fiber connections to get data quicker. Data, in this case, is the âpriceâ before others get it and they can front-run trades.
TLDR - If you want to get to finite detail there ainât really one price unless you trade.
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Lizz truss wants to change the BOE mandate from inflation to growth.
Hello money printing hyperinflation
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