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Being in the UK, witnessing the pound devalue massively, my S&P investments have done stupidly well. As have my Japanese index investments. And my European inde
by EliRivers 9y ago
Being in the UK, witnessing the pound devalue massively, my S&P investments have done stupidly well. As have my Japanese index investments. And my European index investments. Global index investments. If I thought the UK was going to sort itself out, I might sell off some of those and put them back into pounds.
That I blew most of last month's pay on European indices suggests I think the Maybot and chums are not done wrecking the UK yet :)
- Boothroid 9y agoInterest rates likely to rise soon, so pound will likely strengthen.
- EliRivers 9y agoInterest rates likely to rise soon I keep hearing that, over and over, for years and years. Eventually it'll be true.
- deleted 9y ago[deleted]
- Boothroid 9y agoWell I'm just going on what the governor of the Bank of England says, but what do I know eh? 'In the clearest indication yet that there could be a rate rise as early as November, Mark Carney suggested that it was time for the bank to "ease its foot off the accelerator".' http://www.bbc.co.uk/news/business-41439349 http://www.bbc.co.uk/news/business-41439349
- EliRivers 9y agoMark Carney is a tease. He says that over and over again. Year after year. http://www.telegraph.co.uk/business/2017/09/14/bank-england-running-rhetorical-firepower-interest-rates/ http://www.telegraph.co.uk/business/2017/09/14/bank-england-...