« previous next »
Pages: [1]

Author Topic: Sell everything ahead of stock market crash, say RBS economists  (Read 13290 times)

vanmartin

  • I've just arrived
  • *
  • Posts: 4
  • Karma: +0/-0
    • View Profile
Sell everything ahead of stock market crash, say RBS economists
« on: January 13, 2016, 09:21:48 am »
Long time lurker, first time poster.

Would love to hear your thoughts on the following: http://www.theguardian.com/business/2016/jan/12/sell-everything-ahead-of-stock-market-crash-say-rbs-economists
Logged

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #1 on: January 13, 2016, 09:37:52 am »
They should have told you that last year, not now that the markets / China / Oil / LON - frikkin everything is down.
Logged
jaDEB

If it scares you, it's a sign you need to do it

Orca

  • Hero Member
  • *****
  • Posts: 2280
  • Karma: +54/-3
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #2 on: January 13, 2016, 11:29:35 am »
‘A very, very tough time’ ahead: David Shapiro – deputy chairman, Sasfin ‘Don’t expect a blowout year this year, either down or up.’

http://www.moneyweb.co.za/moneyweb-radio/market-watcher-david-shapiro-sasfin-19/
Logged
I started here with nothing and still have most of it left.

Patrick

  • Administrator
  • Hero Member
  • *****
  • Posts: 2551
  • Karma: +47/-2
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #3 on: January 13, 2016, 11:48:20 am »
Quote from: jaDEB on January 13, 2016, 09:37:52 am
They should have told you that last year, not now that the markets / China / Oil / LON - frikkin everything is down.
Yes, around April would have been nice. They could have also mentioned that we'd want to convert our rand to dollars  :wall:
Logged

erwintwr

  • Jr. Member
  • **
  • Posts: 92
  • Karma: +8/-0
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #4 on: January 13, 2016, 12:29:04 pm »
Quote from: Patrick on January 13, 2016, 11:48:20 am
Quote from: jaDEB on January 13, 2016, 09:37:52 am
They should have told you that last year, not now that the markets / China / Oil / LON - frikkin everything is down.
Yes, around April would have been nice. They could have also mentioned that we'd want to convert our rand to dollars  :wall:

yes looking glass would have been great.

My big balls up last year - new investor jitters - when China gave issues in August i decided to pull all investments. then 10 days later to reinvest in the same shares.

keeping track of both portfolios before and after sell - currently sitting at 60k loss :( :(

where is that time machine
Logged

JohnnyH

  • Jr. Member
  • **
  • Posts: 96
  • Karma: +0/-0
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #5 on: January 13, 2016, 12:39:56 pm »
Quote from: erwintwr on January 13, 2016, 12:29:04 pm
Quote from: Patrick on January 13, 2016, 11:48:20 am
Quote from: jaDEB on January 13, 2016, 09:37:52 am
They should have told you that last year, not now that the markets / China / Oil / LON - frikkin everything is down.
Yes, around April would have been nice. They could have also mentioned that we'd want to convert our rand to dollars  :wall:

yes looking glass would have been great.

My big balls up last year - new investor jitters - when China gave issues in August i decided to pull all investments. then 10 days later to reinvest in the same shares.

keeping track of both portfolios before and after sell - currently sitting at 60k loss :( :(

where is that time machine

I made the same mistake! Luckily only selling a portion of what I have, only to see the market shoot up again over the following days.

School fees for me, so well spent. ( Could have been much MUCH worse for me, but learned a lot by doing so )
Logged

vanmartin

  • I've just arrived
  • *
  • Posts: 4
  • Karma: +0/-0
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #6 on: January 13, 2016, 12:46:00 pm »
Thanks for the replies so far.

I'm only invested in ETF's at this stage (STXIND, DIVTRX and 3 of the DBX indexes) but not planning on getting rid of anything. My reasoning is I'm in for the long haul. Am I being naive in your opinion(s)?
Logged

Orca

  • Hero Member
  • *****
  • Posts: 2280
  • Karma: +54/-3
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #7 on: January 13, 2016, 01:06:08 pm »
Quote from: erwintwr on January 13, 2016, 12:29:04 pm
Quote from: Patrick on January 13, 2016, 11:48:20 am
Quote from: jaDEB on January 13, 2016, 09:37:52 am
They should have told you that last year, not now that the markets / China / Oil / LON - frikkin everything is down.
Yes, around April would have been nice. They could have also mentioned that we'd want to convert our rand to dollars  :wall:

yes looking glass would have been great.

My big balls up last year - new investor jitters - when China gave issues in August i decided to pull all investments. then 10 days later to reinvest in the same shares.

keeping track of both portfolios before and after sell - currently sitting at 60k loss :( :(

where is that time machine

Done that cr@p a few times then SARS still rubbed my face in it.
Logged
I started here with nothing and still have most of it left.

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #8 on: January 13, 2016, 02:13:56 pm »
Quote from: Orca on January 13, 2016, 01:06:08 pm
Done that cr@p a few times

Who hasn't? - "right of passage" if you want to put a positive spin on it. ;)
Logged

jaDEB

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 4551
  • Karma: +31/-3
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #9 on: January 13, 2016, 02:28:35 pm »
Quote from: Moneypenny on January 13, 2016, 02:13:56 pm
Quote from: Orca on January 13, 2016, 01:06:08 pm
Done that cr@p a few times

Who hasn't? - "right of passage" if you want to put a positive spin on it. ;)

yOU BACK !!!  :), now the market turmoil will go away
Logged
jaDEB

If it scares you, it's a sign you need to do it

Moneypenny

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 1891
  • Karma: +37/-0
    • View Profile
    • Bu Valiere
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #10 on: January 13, 2016, 02:36:19 pm »
Awww, what a nice thing to say jaDEB.  Here's to a good year for all.  :)
Logged

Orca

  • Hero Member
  • *****
  • Posts: 2280
  • Karma: +54/-3
    • View Profile
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #11 on: January 13, 2016, 06:19:19 pm »
Citywire Money > News   Wednesday Jan.2016
FTSE nears 6,000 as China data injects relief
Better-than-expected trade data from world's fastest growing economy sparks hope slowdown may not be as bad as feared.
http://citywire.co.uk/money/ftse-nears-6000-as-china-data-injects-relief/a873346?re=37990&ea=394747&utm_source=BulkEmail_Money_Daily_Summary&utm_medium=BulkEmail_Money_Daily_Summary&utm_campaign=BulkEmail_Money_Daily_Summary
« Last Edit: January 13, 2016, 06:32:29 pm by Orca »
Logged
I started here with nothing and still have most of it left.

Fawkes85

  • Guest
Re: Sell everything ahead of stock market crash, say RBS economists
« Reply #12 on: January 14, 2016, 05:11:45 am »
But then this:

http://www.moneyweb.co.za/moneyweb-opinion/the-depressive-super-cycle/

I posted a video about this on another thread made by the billionaire Ray Dalio. This article seems to concur with that video.
Logged
Pages: [1]
« previous next »