BG funds / trusts getting whacked. Anyone else topping up for the long haul?
BG funds / trusts getting whacked. Anyone else topping up for the long haul?
Strangely Bowie's estate is reported to have not made half of this. OK BS is still alive, but I cannot see him getting many fresh hitsYes, my thoughts exactly.
Bruce has essentially said...There you go...now get your $550m back somehow as I'm sure his advisers are busy investing it elsewhere in something more diversified.
Smart move and many of these recent deals smack of too much 'cheap' money floating around the world (for now)...
Yeah, I noticed. but it is not a surprise with them being out and out growth investors. higher inflation/interest rates are bad for growth stocks.
I am not topping up any BG yet. Planning to add to Fundsmith Equity this year on the dips though.
Yep, but these things are always overdone, on the way up and down. I really question how far rates can rise. They ‘should’ be 5%+ but no chance of that whatever inflation does, there is too much debt everywhere, govts included. Might see 1 - 1.5%, still amazingly cheap money. I still believe that technology hasn’t really got started, we just don’t know what’s possible and how this will change our lives over the next 20 years. When you cast your mind back 20 years in terms of tech, it’s quite scary.
Strangely Bowie's estate is reported to have not made half of this. OK BS is still alive, but I cannot see him getting many fresh hits
Yep, but these things are always overdone, on the way up and down. I really question how far rates can rise. They ‘should’ be 5%+ but no chance of that whatever inflation does, there is too much debt everywhere, govts included. Might see 1 - 1.5%, still amazingly cheap money. I still believe that technology hasn’t really got started, we just don’t know what’s possible and how this will change our lives over the next 20 years. When you cast your mind back 20 years in terms of tech, it’s quite scary.
I hadn't noticed how far they had dropped, might top up soon as last bought in Spring 2021 when they really tanked (and someone here pointed that out!).
I hadn't noticed how far they had dropped, might top up soon as last bought in Spring 2021 when they really tanked (and someone here pointed that out!).
Strangely Bowie's estate is reported to have not made half of this. OK BS is still alive, but I cannot see him getting many fresh hits
BG funds / trusts getting whacked. Anyone else topping up for the long haul?
No, been having too much fun with Easyjet and me old friend CINE !!!
Good luck! 20% up in a few days is good going...
What’s even worse is that the covid support money didn’t exist, it had to be printed, further compounding the consequences we see today. It’s all a very convenient bit of upside for the govt, their #1 economic priority seems to be house price growth.