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General Category => Shares => Topic started by: vanmartin on January 13, 2016, 09:21:48 am

Title: Sell everything ahead of stock market crash, say RBS economists
Post by: vanmartin 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
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: 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.
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: Orca 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/
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: Patrick on January 13, 2016, 11:48:20 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:
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: erwintwr on January 13, 2016, 12:29:04 pm
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
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: JohnnyH on January 13, 2016, 12:39:56 pm
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 )
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: vanmartin 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)?
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: Orca on January 13, 2016, 01:06:08 pm
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.
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: Moneypenny on January 13, 2016, 02:13:56 pm
Done that cr@p a few times

Who hasn't? - "right of passage" if you want to put a positive spin on it. ;)
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: jaDEB on January 13, 2016, 02:28:35 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
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: Moneypenny on January 13, 2016, 02:36:19 pm
Awww, what a nice thing to say jaDEB.  Here's to a good year for all.  :)
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: Orca 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
Title: Re: Sell everything ahead of stock market crash, say RBS economists
Post by: Fawkes85 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.