The FTSE 100 has tanked - Shall I take a punt?

Discussion in 'Western Europe' started by Boosewell, Mar 9, 2020.

  1. Boosewell

    Boosewell Newly Registered

    Joined:
    May 21, 2019
    Messages:
    244
    Likes Received:
    75
    Trophy Points:
    28
    Gender:
    Male
    It isn't the bird flu, although money movers are timid buggers who bottle out over most everything. So under normal circumstances the markets should bounce back in a month or so.

    However...

    What has struck me is that it is twelve years since the last decent recession and this might be the start of the next one.

    So do I buy a few shares or keep the money under the bed where it belongs? I am torn between my natural caution and hog like greed.
     
  2. The Scotsman

    The Scotsman Well-Known Member

    Joined:
    Mar 16, 2017
    Messages:
    2,332
    Likes Received:
    1,144
    Trophy Points:
    113
    Gender:
    Male
    Give it until Wednesday
     
  3. Boosewell

    Boosewell Newly Registered

    Joined:
    May 21, 2019
    Messages:
    244
    Likes Received:
    75
    Trophy Points:
    28
    Gender:
    Male
    I probably will although I doubt that the budget will contain many surprises. An increase in the tax threshold which we already know about, a few pence on **** because smokers are used to being kicked and something for animal charities because Carrie Symonds is an animal lover and Boris does not want to end up sleeping on the sofa.
     
  4. The Scotsman

    The Scotsman Well-Known Member

    Joined:
    Mar 16, 2017
    Messages:
    2,332
    Likes Received:
    1,144
    Trophy Points:
    113
    Gender:
    Male
    who knows.....no.... I meant that in the field over the road from us the cows were sitting under the trees....it usually means bad luck....
     
    Boosewell likes this.
  5. Boosewell

    Boosewell Newly Registered

    Joined:
    May 21, 2019
    Messages:
    244
    Likes Received:
    75
    Trophy Points:
    28
    Gender:
    Male
    Ah, I did not realise that you were an economist.
     
  6. The Scotsman

    The Scotsman Well-Known Member

    Joined:
    Mar 16, 2017
    Messages:
    2,332
    Likes Received:
    1,144
    Trophy Points:
    113
    Gender:
    Male
    the cows suggest you buy BP....
    upload_2020-3-10_11-18-32.png

    and also Royal Dutch Shell (RDSA)...
     
    Last edited: Mar 10, 2020
  7. Boosewell

    Boosewell Newly Registered

    Joined:
    May 21, 2019
    Messages:
    244
    Likes Received:
    75
    Trophy Points:
    28
    Gender:
    Male
    It is a thought. BP's share price has fallen by a third in the last month so looks to be a bargain. It might be woth a punt.

    Keep thinking Scotsman :applause:
     
  8. The Scotsman

    The Scotsman Well-Known Member

    Joined:
    Mar 16, 2017
    Messages:
    2,332
    Likes Received:
    1,144
    Trophy Points:
    113
    Gender:
    Male
    in view of bog roll demand....Essity….

    upload_2020-3-11_11-26-43.png
     

Share This Page