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Post by roon on Apr 10, 2020 11:10:34 GMT
The longer this pandemic keeps us in lockdown mode, more small and medium companies will continue to go bust which will really skew the p2p lending stats for when we come out of this phase of history. Please let it be over soon. Although it is affecting large companies as well, they are generally in a better position to cope with it and so I have switched my portfolio over to corporate bonds.
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foolsgold
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Post by foolsgold on Apr 10, 2020 11:17:08 GMT
The longer this pandemic keeps us in lockdown mode, more small and medium companies will continue to go bust which will really skew the p2p lending stats for when we come out of this phase of history. Please let it be over soon. Although it is affecting large companies as well, they are generally in a better position to cope with it and so I have switched my portfolio over to corporate bonds. Fully expecting to be contradicted but I wouldnt invest in corporate bonds if you are looking at medium to long term.
Reason is the prospect of inflation which may come eventually and if you have money tied up in debt you may get a decent yield but the value of the cash tied up in bonds will be reduced by the rate of inflation.
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agent69
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Post by agent69 on Apr 10, 2020 11:33:31 GMT
So why have you posted it in the Covid19 thread?
What we need is more well reasoned debate, and less alarmist tripe.
What we need is more common sense in our every day activities. Most educated people should know that particles can be transported great distances on the wind / thermal currents. Sorry, but this is just more vague waffle. For your post to have any real menaing you need to clarify:
- what particles are you talking about
- how far is 'great distances'
Many people (educated or otherwise) may know that when Krakatoa erupted in 1883 particles travelled up to 4,000 miles in the air. That doesn't mean that if somebody with the virus sneezes in a field in Devon somebody in France is in danger of catching it if the prevailing winds are blowing in that direction.
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cb25
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Post by cb25 on Apr 10, 2020 11:38:46 GMT
The longer this pandemic keeps us in lockdown mode, more small and medium companies will continue to go bust which will really skew the p2p lending stats for when we come out of this phase of history. Please let it be over soon. Although it is affecting large companies as well, they are generally in a better position to cope with it and so I have switched my portfolio over to corporate bonds. Welcome to the forum.
If you were in P2P, which platforms did you manage to exit - and how easily?
Wrt corporate bonds, do you not worry that low yields are pushing the buying prices to silly levels?
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aju
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Post by aju on Apr 10, 2020 11:48:12 GMT
The longer this pandemic keeps us in lockdown mode, more small and medium companies will continue to go bust which will really skew the p2p lending stats for when we come out of this phase of history. Please let it be over soon. Although it is affecting large companies as well, they are generally in a better position to cope with it and so I have switched my portfolio over to corporate bonds. Welcome to the forum.
If you were in P2P, which platforms did you manage to exit - and how easily?
Wrt corporate bonds, do you not worry that low yields are pushing the buying prices to silly levels?
Not Zopa or RS I fear as they might still be waiting unless they had a crystal ball and saw this before the rest us panicked saw the light ...
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Post by dan1 on Apr 10, 2020 12:08:33 GMT
So why have you posted it in the Covid19 thread?
What we need is more well reasoned debate, and less alarmist tripe.
What we need is more common sense in our every day activities. Most educated people should know that particles can be transported great distances on the wind / thermal currents. I suspect that agent69 has never stood on the sidelines watching football with horizontal windblown rain hitting his face
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Post by dan1 on Apr 10, 2020 12:17:29 GMT
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agent69
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Post by agent69 on Apr 10, 2020 12:26:36 GMT
What we need is more common sense in our every day activities. Most educated people should know that particles can be transported great distances on the wind / thermal currents. I suspect that agent69 has never stood on the sidelines watching football with horizontal windblown rain hitting his face I'm a fair weather golfer and cricket fan (neither of which requires me to stand outside when it is cold or wet).
As a matter of interest are you suggesting that Coronavirus can be transmitted on horizontal windblown rain drops?
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Post by dan1 on Apr 10, 2020 12:28:47 GMT
I suspect that agent69 has never stood on the sidelines watching football with horizontal windblown rain hitting his face I'm a fair weather golfer and cricket fan (neither of which requires me to stand outside when it is cold or wet).
As a matter of interest are you suggesting that Coronavirus can be transmitted on horizontal windblown rain drops?
As a matter of interest did you not actually realise that was a joke? <---- for the sake of clarity
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Post by Badly Drawn Stickman on Apr 10, 2020 12:33:40 GMT
I'm a fair weather golfer and cricket fan (neither of which requires me to stand outside when it is cold or wet).
As a matter of interest are you suggesting that Coronavirus can be transmitted on horizontal windblown rain drops?
As a matter of interest did you not actually realise that was a joke? <---- for the sake of clarity I had always assumed they were some sort of fancy full stop.
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cb25
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Post by cb25 on Apr 10, 2020 13:33:03 GMT
Not a new thing according to CNN "Hart Island has been used by the city as a public cemetery for over 150 years and is managed by the Department of Corrections. The Hart island burials are mostly people who have been unclaimed at the city's morgue for anywhere from 30 to 60 days, Goldstein said. Over one million people are interred there."
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cb25
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Post by cb25 on Apr 10, 2020 13:40:24 GMT
Joking aside, would it make sense to allow those aged 20-39 (or at least 20-29) back to work first, once they've been told there is a risk to them but it appears much lower? Explain the risk, give them the choice, as they're the ones at least risk (apart from kids) but probably suffering the most financially. The problem is that it's not just the risk to them. If we can contract the virus and be asymptomatic for what, up to two weeks at the extreme, then during that period we can also be contagious. That means risk not just to oneself, but to everybody you encounter. From a briefing paper (PDF, here) by staff at Warwick University "The UK is ‘locked down’ because of coronavirus (COVID-19). No clear exit strategy currently exists. This paper suggests a possible way forward that combines elements from economics and epidemiology. The paper proposes as a policy a ‘release’ from lockdown of the young cohort of UK citizens aged between age 20 and 30 who do not live with parents.... The paper argues that a young-workforce release of this kind would lead to substantial economic and societal benefits without enormous health costs to the country."
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Post by gravitykillz on Apr 10, 2020 13:51:49 GMT
Forget the virus and invest in some haagen dazs and relax in the sun!
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registerme
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Post by registerme on Apr 10, 2020 14:34:10 GMT
From a briefing paper (PDF, here) by staff at Warwick University "The UK is ‘locked down’ because of coronavirus (COVID-19). No clear exit strategy currently exists. This paper suggests a possible way forward that combines elements from economics and epidemiology. The paper proposes as a policy a ‘release’ from lockdown of the young cohort of UK citizens aged between age 20 and 30 who do not live with parents.... The paper argues that a young-workforce release of this kind would lead to substantial economic and societal benefits without enormous health costs to the country." I agree. It's a sensible compromise in terms of how to move forwards. What it is not is riskless.
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Post by Badly Drawn Stickman on Apr 10, 2020 14:47:07 GMT
From a briefing paper (PDF, here) by staff at Warwick University "The UK is ‘locked down’ because of coronavirus (COVID-19). No clear exit strategy currently exists. This paper suggests a possible way forward that combines elements from economics and epidemiology. The paper proposes as a policy a ‘release’ from lockdown of the young cohort of UK citizens aged between age 20 and 30 who do not live with parents.... The paper argues that a young-workforce release of this kind would lead to substantial economic and societal benefits without enormous health costs to the country." I agree. It's a sensible compromise in terms of how to move forwards. What it is not is riskless. It would also include most that are themselves parents of young children. Universities pah.
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