If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
While it's a bold and relatively shocking decision by the Britons, it's not entirely unexpected. The UK was extremely reluctant to join the EU in the first place, and never accepted the change to one of its hallmark policy provisions (the Euro). It'll throw the financial markets into a bit of a tizzy for a few weeks, but it'll even out.
I have been waiting for this crash for MONTHS! Allocated my 10% bond 90% stock to 60% bond and 40% stocks when dow was at 18200 a few months back. FINALLY the stock market is crashing. Time to rebalance and do some investing! Was really running out of ideas to make a return from the total stock market...hence all the misc crap I have been investing in such as lending club/peer street/preferred stocks.
I have been waiting for this crash for MONTHS! Allocated my 10% bond 90% stock to 60% bond and 40% stocks when dow was at 18200 a few months back. FINALLY the stock market is crashing. Time to rebalance and do some investing! Was really running out of ideas to make a return from the total stock market...hence all the misc crap I have been investing in such as lending club/peer street/preferred stocks.
Be quick. I would suspect that the fear and panic that this Brexit vote is causing will fade rather quickly.
Comment