Stock Market 2022
- Thread starter Ponty
- Start date
andyoz
pfm Member
Tell me about it.
I called inflation right, got into gold and not doing much is it...it's held strong when lots are collapsing though so not a Biggie
andyoz
pfm Member
NeilR
pfm Member
a brave investor would probably consider getting back into some bombed out stocks. I am not that brave.
I can't see any signs of Crypto money rotating into it yet so they better get a hurry up
One of the major crypto brands may have to go to zero for that to happen. Still, the problem of crypto hope will remain.
paulfromcamden
Baffled
Comment on the financial pages this week has generally been that the safehaven money you'd expect to be buying gold has instead been flowing into bonds on the expectation of a fed rate rise (which turned out to be correct).
andyoz
pfm Member
Crypto market cap is still only about 1/10th that of gold...I think
Not surprised but fundamentals and crypto aren't happy bedfellows. I heard somewhere that despite the recent fall in the value of crypto it has still outperformed all other assets classes over five years. Of course the devil is in the detail but if that is actually true then gold may continue to stall as investors pine for more crypto highs.
Iranian and Venezuelan oil are effectively blocked from the market causing additional upward pressure on prices.
davidsrsb
pfm Member
Apparently streaming service revenue has slumped as the young try to cut back to buy food, so I can't see a rush of new crypto investors for a while.
They already have
Which one?
Ponty
pfm Member
Depends on your timeframe. I’m looking 10+ years. Keep enough so you’re not a forced seller but ‘be greedy when others are fearful’ and all that…
LUNA and its stable coin UST.
But 'don't catch the falling knife' and all that...
Ponty
pfm Member
Yeah. I can’t time the market though. I can only invest in what I think are good companies and sectors for the long term. I won’t play with short term money.
Mike Reed
pfm Member
Am disappointed at the 0.25% hike today, esp. after the 0.75% one in the U.S.A. Our inflation is higher too! Some pundits were suggesting a 0.5% hike but the BoE is understandably cautious. Every time there's a rise nowadays, I get an email from my savings investment companies saying they're reviewing their rates (for July 1st currently) but 'don't call us, we'll call you'.
It's been so long since this escalation of interest rates scenario that I've forgotten whether to lock into fixed accounts or stay variable. So far it's the latter, based upon fixed 1 year rates last October which have now been exceeded by the latest rise.
Looking like a buying opportunity for stocks coming up, and I do like those divi's coming in every month and wouldn't mind a few more. Things look decidedly more risky now than at the outbreak of the Gulf War in '03 when I luckily called the bottom of the market to start my small portfolio. I wonder which sectors are likely to ride out the storm.
It's been so long since this escalation of interest rates scenario that I've forgotten whether to lock into fixed accounts or stay variable. So far it's the latter, based upon fixed 1 year rates last October which have now been exceeded by the latest rise.
Looking like a buying opportunity for stocks coming up, and I do like those divi's coming in every month and wouldn't mind a few more. Things look decidedly more risky now than at the outbreak of the Gulf War in '03 when I luckily called the bottom of the market to start my small portfolio. I wonder which sectors are likely to ride out the storm.