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Wanderers Ways. Neil Thompson 1961-2021

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Pension advice

Featured Replies

1 minute ago, Ani said:

So you are saying you should be something and then sell it for a profit ? 
 

The slight flaw in your genius plan is knowing what is ‘low’ and what is ‘high’ 

The even bigger flaw is noticing something is 'high' and thinking that's a good time to buy it. 🤦‍♂️

11 minutes ago, Cheese said:

The even bigger flaw is noticing something is 'high' and thinking that's a good time to buy it. 🤦‍♂️

All the Crypto millionaires will be along soon to explain how it works 

Buy the dips.

3 hours ago, Traf said:

Buy the dips.

Only back favourites when they win

Graphs below show how markets have reacted to the Iranian situation. Always got to remember there are peaks and troughs ! 

IMG_1927.png

So back to where they were about a month back. You know the craic @Ani leave the market timing to the pros, diversify, set and forget and just drip in. Tune out the drama. 

4 minutes ago, RoadRunnerFan said:

So back to where they were about a month back. You know the craic @Ani leave the market timing to the pros, diversify, set and forget and just drip in. Tune out the drama. 

Yeah as I said yesterday it is about ‘time in the market’ rather than ‘timing’. FTSE still up 17% in last 12 months. 

54 minutes ago, Ani said:

Yeah as I said yesterday it is about ‘time in the market’ rather than ‘timing’. FTSE still up 17% in last 12 months. 

Index and chill. 

Still well up on the year and will drop again perhaps for the next few weeks, but will soon start to correct itself.....Did in 2008 and again when Covid hit.

Anyone who can access their pension online can change investments unti this shit show is over. Get it in a low risk investment like money and move it again once this madness is over

Chatted with my ifa a little while back.

She had bought into RR previously.

Sold her shares having essentially doubled her money. 

I would imagine that buying some shares in defense companies would be worth looking at now. 

For the long term that is- prices may rise more, but dividends should be reasonable for the next few years.

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