but still growth none the less, better to be invested than not
The bad news is that not every share recovers. And yes you are right dividends do get cut … sometimes completely. On the rosy side though the market as a whole does go up over the long term. Buying world ETFs is a useful practice. Of course, if you are a great stock picker you could do better. But most of us aren’t consistently good at that.
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So with US rates a-jumping we can expect further pressure on the pound. Holders of US stocks are going to see a positive impact (the +ve gains on many people’s £GBP portfolio graphs are so because of the weakening pound) and correspondingly US stocks will be getting more expensive to buy as the pound keeps sliding. Flipside: UK companies look cheaper to US buyers.
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Is that such a good thing though for the UK getting bought out by the USA and other countries.
I’m sure they will all pay their fair share of tax into the system 
I’d be surprised if more companies aren’t going to be looking so attractive that US hedge firms will be able to ignore for much longer.
I’d keep and eye on Tesco, Sainsburys, Ocado
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Good comment. I was thinking one issue is “investable” companies will get bought out and made private. Then we just have dogs in the FTSE. Kind of sucks.
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The FTSE is already a bit of a dinosaur as far as the main companies in its index. Take away a few shining lights or nationally significant business and you’re right we’ll be left with the ‘runts’
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There is a legitimately interesting story around who actually wrote that song.
It’s a much more complex story than you’d imagine.
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Stamp duty cuts on the menu again
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This should raise house prices
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There seems to be a fair bit of a noise about Stamp duty cuts. We shall see on Friday I guess.
I think if the stamp duty cuts happen we will see lots of heavy hitters buying big lump sums of stocks while they can?
I think they were talking about stamp duty on property sales not shares.
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There is going to be a lot to pick over from today’s announcements. Very interested to see the reaction play out over the next few days. Also I know they have been calling it a mini-budget but it sure seemed hugely significant.
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I think this is amongst the most appalling legislative changes I’ve ever seen in this country and am now exchanging substantial amounts of my savings into dollars.
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Yes. I was thinking the same thing. FTSE has been sinking since the first announcement yesterday and the retail Wise rate is 1.10560. Blimey!
All the European indexes are down a similar amount today and the US Premarket looks poor also. Just holding my nose and continuing to dollar cost average into my ETFs.
Also I believe is it Lightyear allows users to hold funds and invest in US Dollars?