Brexit impact : where to invest abroad??
Discussion
So,
I've had several cash flow lines shut down due to Brexit. With this in mind, i've taken the view to liquidate several assets and find pastures afield to invest the money.
Question is, where?
To further compound my concern, GF has just finished doing a MSc in economic development and the data for the way we have ran the economy in the last couple of decades has been truly shoddy. UK's pro-cyclical economic policy, now laced with counter cyclical propped up by quant easing underlines the lack of consistency in building a strong base. We are very vulnerable to a slow down.
Whether you are a remainer or leaver, UK isn't an odds on place to sink cash right now so politics aside, where is anyone else considering for a punt?
Ty
I've had several cash flow lines shut down due to Brexit. With this in mind, i've taken the view to liquidate several assets and find pastures afield to invest the money.
Question is, where?
To further compound my concern, GF has just finished doing a MSc in economic development and the data for the way we have ran the economy in the last couple of decades has been truly shoddy. UK's pro-cyclical economic policy, now laced with counter cyclical propped up by quant easing underlines the lack of consistency in building a strong base. We are very vulnerable to a slow down.
Whether you are a remainer or leaver, UK isn't an odds on place to sink cash right now so politics aside, where is anyone else considering for a punt?
Ty
MSc in economics !
Your GF must have missed the module about the UK multi-national businesses?
You can find many of them listed in the FTSE 100 Index.
Based in the UK, but trading all around the world, they are therefore well positioned for economic headwinds ( currencies, regional economics etc. ).
Indeed, many have profited from the reduction in Sterling value, which was accelerated by the referendum result last year.
Try not to worry so much. Sir James Dyson might be able to reassure you perhaps. His business continues to do well, and creates many UK jobs, even though that Company pays a 4% tariff on their manufactured exports to EU countries, including UK.
This economics game is confusing, but experience can be helpful to sort nonsense from reality.
Might be worth suggesting to your GF never to make forecasts, when she is an economist. They do have a habit of being wrong, so the economists then ignore what they said two years previously and try making a different forecast. Not many people remember previous forecasts, so the game just continues.
Edited by Jon39 on Saturday 7th October 12:19
Countdown said:
... Although (as I think somebody pointed out) FTSE100 investments are global so shouldn't be affected too much by Brexit (which is why I also invest in VUKE)
What I pointed out, was that many of the FTSE 100 companies benefited following the vote result.
Of course with the FTSE 100 you need to be selective, when considering the overseas business aspects.
A tracker can obviously only provide the average performance, weighted.
Those constituents that are importers such as clothing retailers, clearly face higher purchasing costs when the value of Sterling falls, therefore not good.
Jon39 said:
MSc in economics !
Your GF must have missed the module about the UK multi-national businesses?
You can find many of them listed in the FTSE 100 Index.
Based in the UK, but trading all around the world, they are therefore well positioned for economic headwinds ( currencies, regional economics etc. ).
Indeed, many have profited from the reduction in Sterling value, which was accelerated by the referendum result last year.
Try not to worry so much. Sir James Dyson might be able to reassure you perhaps. His business continues to do well, and creates many UK jobs, even though that Company pays a 4% tariff on their manufactured exports to EU countries, including UK.
This economics game is confusing, but experience can be helpful to sort nonsense from reality.
Might be worth suggesting to your GF never to make forecasts, when she is an economist. They do have a habit of being wrong, so the economists then ignore what they said two years previously and try making a different forecast. Not many people remember previous forecasts, so the game just continues.
economic development very different from economics.................not my place to suggest to gf never to make forecasts in her field either.
yes to Nigeria; have been looking at that one in some detail as have friends from there. what interests me is physical trading this time as opposed to funds/trackers stuff which ive did professionally for several decades.
Your GF must have missed the module about the UK multi-national businesses?
You can find many of them listed in the FTSE 100 Index.
Based in the UK, but trading all around the world, they are therefore well positioned for economic headwinds ( currencies, regional economics etc. ).
Indeed, many have profited from the reduction in Sterling value, which was accelerated by the referendum result last year.
Try not to worry so much. Sir James Dyson might be able to reassure you perhaps. His business continues to do well, and creates many UK jobs, even though that Company pays a 4% tariff on their manufactured exports to EU countries, including UK.
This economics game is confusing, but experience can be helpful to sort nonsense from reality.
Might be worth suggesting to your GF never to make forecasts, when she is an economist. They do have a habit of being wrong, so the economists then ignore what they said two years previously and try making a different forecast. Not many people remember previous forecasts, so the game just continues.
economic development very different from economics.................not my place to suggest to gf never to make forecasts in her field either.
yes to Nigeria; have been looking at that one in some detail as have friends from there. what interests me is physical trading this time as opposed to funds/trackers stuff which ive did professionally for several decades.
Edited by Jon39 on Saturday 7th October 12:19
drainbrain said:
There are still EU capital cities where residential property can be bought very cheaply and is in high demand from tenants. Bit like Berlin was 10 - 15 years ago.
Bucharest being one (sixth biggest city in the EU).... economy is doing very well there and I think there's a lot to say long term fundamentals for the Romanian economy are very good. BUT it's a game for the brace or someone who really knows what they're doing. Legal framework is much better than a lot if supposedly more developed European economies. Cheib said:
drainbrain said:
There are still EU capital cities where residential property can be bought very cheaply and is in high demand from tenants. Bit like Berlin was 10 - 15 years ago.
Bucharest being one (sixth biggest city in the EU).... economy is doing very well there and I think there's a lot to say long term fundamentals for the Romanian economy are very good. BUT it's a game for the brace or someone who really knows what they're doing. Legal framework is much better than a lot if supposedly more developed European economies. kurt535 said:
Cheib said:
drainbrain said:
There are still EU capital cities where residential property can be bought very cheaply and is in high demand from tenants. Bit like Berlin was 10 - 15 years ago.
Bucharest being one (sixth biggest city in the EU).... economy is doing very well there and I think there's a lot to say long term fundamentals for the Romanian economy are very good. BUT it's a game for the brace or someone who really knows what they're doing. Legal framework is much better than a lot if supposedly more developed European economies. Gassing Station | Finance | Top of Page | What's New | My Stuff