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Post by martin44 on Mar 29, 2019 23:01:16 GMT
I have been convinced for a while that May was put there to make sure Brexit didnt happen. If she was serious about it she would have gone to the US right at the start - then used this as a bargaining chip in her negotiations. We will never know for sure but I would put quite a sum on May being a political saboteur.And you would quite definitely lose your sum.. Teresa May in my opinion has been very staunch on where her political and democratic position lies, which is why she is still prime minister, and i doubt she will give up that position until it is no longer sustainable due to the fact that her brexit deal will not go forward, we might well see the EU/MAY deal being submitted for a fourth time, and quite rightly so, we need to get out with a deal that can be negotiated over the next 2 years to the benefit of both the uk and the eu. Edit.. Personally i would prefer an april 12th exit with no deal... but i accept that is not the universal preference.
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bigfoot12
Member of DD Central
Posts: 1,817
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Post by bigfoot12 on Mar 30, 2019 0:32:44 GMT
I am considering reducing my investments by 50% just to be on the safe side. May jump back into p2p when i have a bit more confidence in the economy. I have been reducing anyway - the best rates are behind us, and competition for loans has reduced quality, but beyond that I have further reduced because of Brexit uncertainty. The cost of stepping out of the market (and moving down the risk curve) is low, perhaps 1% for 3 months, and as you say if things go well, returning is easy. Having spare cash gives me more scope to capture other opportunities beyond P2P as well! (Cheap VCTs, Investment Trusts, general stock market...)
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Post by gravitykillz on Apr 5, 2019 15:13:15 GMT
I'm nervous, but not because no deal will happen. It won't. Sounds like u could be right. We could still be in the EU for another year. I think that is a good thing.
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