I don't mind saying I have not had the best year ever. Year before was much better for me. This year the big issue for me has been IMG and CNR. Both have done shocking - to the point where its taken the shine off everything else.

Such is life!

 

I should get that BTL, the FTSE has lost over 300 points in the last two weeks, looks like the emrging markets issue is going to give the markets a rough ride for the next few months!

 

I bought in to Egdon Resources 2 days before Total made their announcement. I've also bought some others shares in a company associated with Fracking. Whilst everything is a gamble, I can't see this one going away no matter how many hippies try and stop it.

 

The Fed is trying to taper its QE. With less cheap money being pumped into the economy some scurries back from emerging markets. All bubbles are at risk if the Fed makes a mistake.

 

But that is just what 2013 was... a bubble! The market is now correcting and that correction is downwards. Anyone really think the FTSE will end the year anywhere near 7500 as predicted by the so called experts a few weeks ago?

 

Thing is property is no different really in that regard than other assets, all have been pumped up with central bank money printing. Even worse we have an extra prop in HTB, which is definitely contributing to 'irrational exuberance' IMHO at the moment. Estate agents are booming.

 

Yep, George Osborne is the new Norman Lamont, not that the experts in here can see it!

 

My glass is always half full, now it runneth over

All doom and gloom as usual on here whereas my tips from 2011 weren't too bad were they?, though of course the scoobynet investment experts knew different

 

Wrong there

 

You can hardly judge a share by it's movement over 2 or 3 days.

 

Yeah I think it will be over 7000, maybe not 7500 but not far off. Only time will tell. Back over 6800 now.

 

Back down again now, down 6 sessions in a row!

 

I have nothing to do with this thread, but I read it, anyway. What made me sad was to see Jack Clark username still banned. When is he going to be unbanned, do we know?

Anyone?

 

Good question, I thought he only had a temporary ban, but maybe not

 

Me, too.

I bet he's doing fine, though. He seems to have a wide cyber network with his photography and stuff. He could be winding Fandroids up on some Android website right now, for what we know. I do look forward to see him post here again.

 

So the markets.... where are the 10 - 20% rises that were predicted this year then?

The FTSE is exactly where it was on Jan 1st!

 

The summer swoon maybe?

 

But neither is there correction or a downward correction. It is infact the index is a couple of hundred points up from the same time last year, the year of the bubble!

 

Try trending the FTSE back as far as you can, it seems each time it hits 7000 we have a major correction, maybe 3rd time lucky, this latest climb maybe has a bit more weight behind it.

p.s. go Roxi

 

I hope to God you're not a financial advisor, 3 months to go and the FTSE100 is less than it was on Jan 1st

 

Only person I advise is me and my shares are doing fine thank you, up11% overall this year. Coupled with a 6% return I'm quite happy. Would you like me to send you some advice then ?

 

Nope as a) I find people who claim to buck the trend rarely do in reality and b) profiting from other's slave labour is against my socialist principles.

HTH

 

Slave Labour??

 

I would assume he does, but best we don't mention that I guess

 

Not in the conventional sense ... no actually!

 

6250 now.

 

I must admit my portfolio isn't doing great, one can but try I suppose!

 

Just have to wait for more QE, they've got the keep the illusion of a 'recovery' going for a bit longer!

I don't see what else they can do other than more QE either, can't really cut rates further as they're almost zero already.

Almost all Western countries have been living WELL beyond their means for a long time now, everything was always going to implode at some point (not necessarily saying this is THE implosion however).

 

Yup, as soon as USA threatens to stop printing the markets tank.

 

I'm already invested in gold and that hasn't been great recently either

Luckily I invested at an average of about $800 so am still in profit but should have sold out at $1800