Discussion
Hi all just wondered what the general thoughts were on the state of the FTSE and where it is likely to go.
I have put money into a cash isa for a few years and also have a stocks and shares related isa with the NFU. The cash isa doesn't do much and was thinking of putting it across into the other one. I understand that it's a risk and can lose me money as it has done in the last 6-12 months. However in the medium to longterm how much of a risk is it?
I don't expect anyone to have an exact answer but any other views would be appreciated.
Regards,
Ed
I have put money into a cash isa for a few years and also have a stocks and shares related isa with the NFU. The cash isa doesn't do much and was thinking of putting it across into the other one. I understand that it's a risk and can lose me money as it has done in the last 6-12 months. However in the medium to longterm how much of a risk is it?
I don't expect anyone to have an exact answer but any other views would be appreciated.
Regards,
Ed
My current favourite gloom and doom story:
"As if the poor Japanese investor hadn't had misery enough! He's been beaten up for the last 18 years. He was whacked when Japan, Inc. went bust in 1990. He was smacked when stocks fell 70%- 90% during the '90s. He was racked with pain when property collapsed to as little as one-tenth its late '80s value. He was starved for yield when the Japanese Central Bank dropped its policy rate to zero and kept it there for six years. He was tortured over an entire decade as his government wasted $1 trillion trying to force him to spend and invest. And he was hung by his thumbs in four separate recessions. You'd think Mr. Market would have the grace not to kick him when he was down.
When the sun rose on 2008, the typical Japanese was still in a fetal position, with his head down and his wallet closed up tightly. But along came the sell-off of 2008 - and he got the boot again. The Nikkei fell another 50%. The Japanese investor who bought stocks in 1982 when he was 35 years old is now 61…and his stocks are not worth a penny more! And this week he got the news that the Japanese economy is once again in recession."
http://www.dailyreckoning.com/Issues/2008/DR112108...
Couldn't possibly happen here could it???
"As if the poor Japanese investor hadn't had misery enough! He's been beaten up for the last 18 years. He was whacked when Japan, Inc. went bust in 1990. He was smacked when stocks fell 70%- 90% during the '90s. He was racked with pain when property collapsed to as little as one-tenth its late '80s value. He was starved for yield when the Japanese Central Bank dropped its policy rate to zero and kept it there for six years. He was tortured over an entire decade as his government wasted $1 trillion trying to force him to spend and invest. And he was hung by his thumbs in four separate recessions. You'd think Mr. Market would have the grace not to kick him when he was down.
When the sun rose on 2008, the typical Japanese was still in a fetal position, with his head down and his wallet closed up tightly. But along came the sell-off of 2008 - and he got the boot again. The Nikkei fell another 50%. The Japanese investor who bought stocks in 1982 when he was 35 years old is now 61…and his stocks are not worth a penny more! And this week he got the news that the Japanese economy is once again in recession."
http://www.dailyreckoning.com/Issues/2008/DR112108...
Couldn't possibly happen here could it???
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