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Buy the dip.
- Thread starter Danishfurniturelover
- Start date
Rorschach
Sonny Walters
We're not close to the bottom yet.
Danishfurniturelover
the prettiest spice girl
Just wondering if Chich bought the first dip at the birth of this thread.
Nope I waiting still.
Going to go big into a few trackers and a couple of individual stocks.
Im pretty much living on the freetrade forum at the moment, more so if the football season is finished.
Danishfurniturelover
the prettiest spice girl
If were in it for 5 years you will still end up way up.
Rorschach
Sonny Walters
I'm waiting for the carbon bubble to pop. It will be a disaster for the markets, the world economy, and geopolitics frankly, but it is inevitable. Divesting from anything fossil fuel-related is the smart move from what I'm hearing. Me, I only invest in things I can touch.
edit: Sorry I didn't read that properly. Do you mean if we are in a bear market for 5 years? If that is what you mean then the party is well and truly over. There will be no market to speak of.
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I would say the carbon bubble has a long way to pop. Not saying that a good thing. But too many have too much to lose. It's a 100 years away from popping.
Rorschach
Sonny Walters
Unless we are talking about different things then I would have at max put a 10-year timescale on it. And even now it is false confidence and substantial subsidies that are propping up a lot of the market. If the fossil fuel industry is still churning away in 100 years' time then it will just be automation that someone forgot to turn off, and maybe that is because there is no one left to turn it off.
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Im happy to say that you are smarter and more knowledgeable in this area than me, but in my estimate it will be 100 years before we stop burning fossil fuels completely. We are still burning coal after all.
Rorschach
Sonny Walters
The perception created by the fossil fuel industry that it is still safe long/medium term investment has been manipulated by literally decades of industry propaganda. There is no long game in this space, but the message is so ingrained in our thinking now that we accept it as settled fact ('Drilled' is a good podcast on this).
edit:This article is a little old (in Trump years) but was widely lauded at the time, if you want to read a little more.
https://thenearlynow.com/the-smokestacks-come-tumbling-down-c03ba1294522
SpurMeUp
Jimmy Cantrell
Supermarkets up today. Walmart made me 11%, Tescos 4. Clawing back some of the insane losses
Sitting on my porcelain throne using glory-glory.co.uk mobile app
Sitting on my porcelain throne using glory-glory.co.uk mobile app
You ready for when everyone has spent all their money on stockpiling and can't afford to shop?
SpurMeUp
Jimmy Cantrell
It’s not about economics right now. It’s herd mentality.
But the economics are sound too? People not eating out at restaurants. And all they do when isolating at home is eat [emoji23]
Sitting on my porcelain throne using glory-glory.co.uk mobile app
Rorschach
Sonny Walters
It's herd immunity, or so I've herd.
ricky2tricky4city
Jack Jull
Parklaner81
Steve Hodge
The FTSE 100 is actually up since Thursday.
Danishfurniturelover
the prettiest spice girl
I'm waiting still.
Thinking Easter will be my point for investing for my 5 year periods. I think the is some money to be made over the next few years.
ricky2tricky4city
Jack Jull
I called 5000 but it's hard to know what's priced in already.......in fact it's impossible to know what or how to price in what's coming.
Some companies will be a bargain undoubtedly as their price has been dragged down with the general sell off.
We could easy see another 10%.
Danishfurniturelover
the prettiest spice girl
Think it is time to look at the coal industry.
Can see the government reopening mines in the uk as a quick way to jump start the economy when this is all over.
Can see the government reopening mines in the uk as a quick way to jump start the economy when this is all over.
