Think OM means L&G shares (shares in the actual company) rather than L&G funds. Well known historically for decent dividend yields.
Ye totally agree about the yields, but I meant the share values on the FTSE in general have been **** compared to Europe, Asia and the US. Legal and General are around where they were a decade ago during a period of global boom, Vodafone are lower, the mining companies such as Glencore haven't done that well. Compared to the major companies on the Dow, Nasdaq, Dax etc UK business looks poor as a general overview and previous big performers have stagnated... Perhaps they're paying too high yields to shareholders instead of investing for growth?! Most UK tech companies that get big either list in the US or get bought.
Agree this is true on market performance, just had a vested interest in L&G. Nasdaq tech is once again on a bull run, we will catch up when the Gov turns the Oxford-Cambridge Arc into Europe's Silicon Valley wont we eh?
****e week or so for the markets. A slight bounce today. Turbulent times. Bitcoin doesn't seem to be able to break that £100k mark. See it's at around £84k currently.
I see it as a perfect time to invest and buy, the same as any big market drops. It'll all blow over as it always does. The markets ( especially tech ) were due a correction imo.
Same Howden, the Nasdaq has been charging ahead, this is a great opportunity to get on tech stocks like Nvidia down to 93 USD, that will double in a year.
Guess it depends if a worldwide recession occurs, then money will be better invested elsewhere for the time being.
Most of the quality income etf's have the magnificent 7 in them. Buying index trackers for the long term seems a bit of a no-brainer right now - or at least after 6th April for ISA's
Gold is always a safe bet, but if you're not planning on retiring or needing the money over the next few years, then a global recession just make the stock market even more appealing for long term gains
Just when the small players think they're making a bit of money there needs to be a correction of the market. It may be your pension fund or investment but you will be told you need to stay in for the long haul. Meanwhile the big players see what's on the horizon and cash in, then holding the readies to buy back in when at the bottom. And after saying all that the media using words like slumped, plunged and worst trading day since... seem to be speeding up the effect.
Media need clicks and sensationalism gets them. It's was pretty clear that if trump won, the stock market would rally, which it did ( I saw the biggest jump in my pension pot I'd seen for a long time ) and as soon as he took office and started the tariff talk it was again pretty clear that the markets wouldn't like it and they'd drop, it's painful to see every day but long term it'll be a benefit
Can someone please explain why my post was deleted? It wasn't political. It was asking for insight from those who know more than me about what is really going on behind the sensationalist headlines.
You think we can discuss the actions of Donald Trump and the impact of his tariffs, without discussing politics? I’ve no idea why you keep trying to cause issues like this, you know the rules and you’ve also tried a post on Sadiq Khan as well this afternoon. It’s always you, everyone else seems to manage just fine.
