|
|
Post by captainconfident on Nov 28, 2017 12:17:09 GMT
Right now, IMO, almost all asset classes may be banging on the top of their ranges .. and holding cash leaves you subject to an X% wealth tax (aka inflation) & an unpredictable exchange rate risk to get to anywhere else. Baked beans in the cellar might be handy, except for the limited shelf life. So your tip for life after Funding Circle is baked beans? Is there an ETF for that, as I think you may be on to something? As you imply, while cash has nowhere to go, these stock market ranges are probably sustainable. Most people with exposure will be in cautious, finger on the sell trigger mode now, and a significant event leading to a few hundred point drop will consequently probably lead to a plunge, but the money will return pretty quickly after that.
|
|
ashtondav
Member of DD Central
Posts: 1,814 
Likes: 1,092
|
Post by ashtondav on Nov 30, 2017 12:19:33 GMT
Stayin with FC. 7.5% and no effort. Why bother with shares.
|
|
IFISAcava
Member of DD Central
Posts: 3,692
Likes: 3,018
|
Post by IFISAcava on Nov 30, 2017 13:22:13 GMT
Stayin with FC. 7.5% and no effort. Why bother with shares.Diversification and long term growth potential? Higher short term returns if you get your timing right?
|
|
zlb
Member of DD Central
Posts: 1,422
Likes: 333
|
Post by zlb on Dec 8, 2017 10:50:27 GMT
With many platforms you can set an upper sell point too .. i.e. if my £11k reaches £12k, I'm outta here. Again, you need to remember to update it as required. This is generally less useful/used than a stop loss, but may help if you are going up a mountain in Tibet for a week and don't want to miss a spike. You also have to be aware that a stop loss is not guaranteed - if the market goes into freefall (lots of bots selling up, a flash-crash) the 'exit at £10.5k' may prove impossible to achieve, and you'll either not get out, or discover the best you could get for selling at that time was rather worse - i.e. you sold, but at £9.8k (see what the exact stop loss terms are) Thanks. I'm moving very slowly toward trying this, having seen stop loss functions, I had wondered what happened when everyone has same or similar settings. It's this what causes the up down along sideways growth, I wonder. Perhaps no one knows.
|
|
susan
Member of DD Central
Posts: 54 
Likes: 64
|
Post by susan on Dec 19, 2017 15:55:47 GMT
Down below £300 left now. Most of the money has gone to FS and Ly. For future money I want to pick my own loans, so FC is no good to me.
|
|
number5
Member of DD Central
Posts: 449
Likes: 98
|
Post by number5 on Dec 19, 2017 16:12:53 GMT
I am in the process of moving from FC to FS...currently 60% in FC still but gradually selling off pre September loan parts. Not used autobid.
|
|
coogaruk
Hello everyone! Anyone remember me?
Posts: 706
Likes: 464
|
Post by coogaruk on Dec 19, 2017 16:13:24 GMT
With many platforms you can set an upper sell point too .. i.e. if my £11k reaches £12k, I'm outta here. Again, you need to remember to update it as required. This is generally less useful/used than a stop loss, but may help if you are going up a mountain in Tibet for a week and don't want to miss a spike. You also have to be aware that a stop loss is not guaranteed - if the market goes into freefall (lots of bots selling up, a flash-crash) the 'exit at £10.5k' may prove impossible to achieve, and you'll either not get out, or discover the best you could get for selling at that time was rather worse - i.e. you sold, but at £9.8k (see what the exact stop loss terms are) Indeed. And while using a Stop Loss may offer some protection against losses it can also work against your profits too: One of the shares I bought recently has since fallen >5% TWICE after two separate broker downgrades. However, the upward trajectory continued both times and it is now >22% above my purchase price. Still, I guess that merely proves that 5% may be too tight a SL, certainly on this occasion!
|
|
damar
Member of DD Central
Posts: 110
Likes: 47
|
Post by damar on Dec 20, 2017 20:48:04 GMT
i took all mine out as soon as the changes were announced, I have a few bad debts left, which are slowly repaying. I moved into FS and Lendy, but I am now moving out of FS and into MT.
|
|
