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Savings and Investments thread

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  • Solidgone said:
    bloody hell what a mess and a confusing one at that. I don’t know whether to use up my ISA allowance on either a S&S or Cash investment. The trend on my investments are very much on a downward trend. My FA says just hang on there!
    It is very easy to transfer funds from one to the other. If you are currently undecided but don't want to miss out on this years tax allowance then by all means put the money into a Cash ISA (but not one with redemption penalties) and you can always transfer it into a Stocks & Shares one at a later date. Transfers do not count as part of your annual allowance. 
  • IdleHans said:
    I had been intending to use Mrs Idle's isa allowance for an S&S but its going into a 12m fixed cash isa now until things calm down (ie Trump is removed, by whatever means). All shares looking precarious at the moment, but europeans the least worst, i'd say.
    Good time to invest. See how the US markets open today. UK down just over 1% and European ones slightly more. Japan down 4% overnight and down almost 10% this year.

    All good buying signals. If you were going to invest last week / last month all that has changed is that the market has got cheaper. 

    And I don't buy into all this Trump conspiracy nonsense. The guys an idiot & signalled what he was going to do before he got in. 
    Who do you think is driving this policy given the utter lunacy of it. There's no historical precedent to show that tariffs work so why impose them?

    No economic commentators can explain it in a world built on free trade. 
  • Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.
  • Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.
    And this is going to work in a world built on free trade, growth and global markets? Any historical precedents to illustrate the success of such a policy.


  • edited March 31
    S&P just went through another support at 5504.  5400 is next.

    Conspiracies my arse.  The Tech Bros had lost 208bn between them, last I looked, and it will be much worse by now.  Cockup almost always wins over conspiracy.
  • S&P just went through another support at 5504.  5400 is next.

    Conspiracies my arse.  The Tech Bros had lost 208bn between them, last I looked, and it will be much worse by now.  Cockup almost always wins over conspiracy.
    You see it simply as a cockup? It's a bizarre policy to embark on given there is no historical precedent of it working. Doesn't make any sense....
  • Possible capitulation just below that support and it's a buy already ... I'm holding fire for a bit.
  • Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.
    He is also trying to remove China from supply chains to the USA.
  • Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.

    Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.

    Aluminium smelting plants et al take years to come to production capability!
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  • bobmunro said:
    Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.

    Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.

    Aluminium smelting plants et al take years to come to production capability!
    You can see what he’s trying to do with the deal over Ukraine.
  • bobmunro said:
    Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.

    Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.

    Aluminium smelting plants et al take years to come to production capability!
    You can see what he’s trying to do with the deal over Ukraine.

    ... and Greenland.
  • bobmunro said:
    Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.

    Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.

    Aluminium smelting plants et al take years to come to production capability!
    All his policies will do is fuel inflation. The large manufacturing corporates, like the car giants, might move production back to the US, but all that means huge additional costs which will all have to be swallowed by US consumers. Economics as taught by the Trump University! 
  • bobmunro said:
    bobmunro said:
    Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.

    Longer-term (many years) that may work as long as all/vast majority of the raw materials are available within the home market (they are not!). But for the foreseeable future it will mean higher prices and shortages of goods for the US consumer, and a massive restriction in choice.

    Aluminium smelting plants et al take years to come to production capability!
    You can see what he’s trying to do with the deal over Ukraine.

    ... and Greenland.
    and the threats to Canada
  • I'd prefer it if Trump can stand for a third time, purely because that would mean he will need to win votes from people. 

    A Trump with nothing to lose terrifies me in terms of what he can do to financial markets. 
  • A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!
  • S&P just went through another support at 5504.  5400 is next.

    Conspiracies my arse.  The Tech Bros had lost 208bn between them, last I looked, and it will be much worse by now.  Cockup almost always wins over conspiracy.
    Not true of Thiel though. Forbes says he has put on $2bn since Jan. And as for the others, they are paper losses, and none of them seem bothered, do they? All lining up to kiss his arse, and Bezos has kindly re-tooled the Washington Post as Trump’s Rude Pravo. None of this is normal business behaviour. 
  • edited March 31
    A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!
    Wasn’t this the case when he was first in office? 
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  • edited March 31
    A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!
    Wasn’t this the case when he was first in office? When 
    Trump was constrained by his own party, the deep state/establishment, congress, the supreme court and the media. On top of that he had an eye on being re-elected. None of that's true this time around and he's also clearly backed by people who have an opaque agenda but are seemingly invested (in every sense) in destroying the status quo.
  • To much panic & hyperbole of this thread. 

    The Dow & the S&P500 both finished UP today. Dow Jones up 1% and the S&P up 0.5%. Nasdaq down slightly at 0.14%. 


  • A fascist state functions on ideology and not logic. You know they are now checking people’s phones at US immigration to check for any “anti-American” (meaning Trump) content? As a soon-to-be pensioner I’m a bit worried!
    They've done that for years, land of the free hasn't been very free since September 11th 2001 
  • I don't recall him saying anything about Canada being a new state or Greenland. He's the most dangerous man in the world right now. This isn't unmitigated panic. 

    S&P 500 is now at September '24 levels after a slight growth last week. I'm about 99% Cash ISA.
  • Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.
    And this is going to work in a world built on free trade, growth and global markets? Any historical precedents to illustrate the success of such a policy.


    WW2
  • Southbank said:
    Trump is hoping that Americans stop buying imports and demand for home made goods increase and therefore more jobs for their own workers.
    And this is going to work in a world built on free trade, growth and global markets? Any historical precedents to illustrate the success of such a policy.


    WW2
    Unless I'm mistaken GATT was set up in 1947 to promote world trade by reducing barriers with both the US and UK as signatories. 

    Not really clear how tariffs are going to benefit world trade? Given the complexity of global trade, supply chains etc a cooperative approach seems to make more sense.

  • To much panic & hyperbole of this thread. 

    The Dow & the S&P500 both finished UP today. Dow Jones up 1% and the S&P up 0.5%. Nasdaq down slightly at 0.14%. 


    Hard to make a judgement based on a couple of days. It's just guesswork given the erratic behaviour of the US President who seems to enjoy chaos.

    Any assurances are empty at present. We just have to hope for the best...
  • In his garbled press briefings Trump sometimes refers to reciprocal tariffs. 

    Is there some grain of truth in this for some (not all) products related perhaps to a misunderstanding of VAT compared to US sales tax etc. or perhaps even other country tariffs. 

    Not suggesting he is correct in his approach but is it more justifiable / understandable in some instances or is his team completely off track when they reference reciprocal?
  • In his garbled press briefings Trump sometimes refers to reciprocal tariffs. 

    Is there some grain of truth in this for some (not all) products related perhaps to a misunderstanding of VAT compared to US sales tax etc. or perhaps even other country tariffs. 

    Not suggesting he is correct in his approach but is it more justifiable / understandable in some instances or is his team completely off track when they reference reciprocal?

    There's some data here - there are differences and most of the US main trading partners have higher tariffs - particularly India!! VAT appears also to play a part in the calculation.



  • In his garbled press briefings Trump sometimes refers to reciprocal tariffs. 

    Is there some grain of truth in this for some (not all) products related perhaps to a misunderstanding of VAT compared to US sales tax etc. or perhaps even other country tariffs. 

    Not suggesting he is correct in his approach but is it more justifiable / understandable in some instances or is his team completely off track when they reference reciprocal?
    I’ve read several authoritative commentators describing why it is absurd to conflate a tariff and VAT. Based on that, I have to believe that Trump has people around him who know that to do so is nonsense, but let him do so anyway. That’s part of a wider observation about the difference between this regime and Trump v.1. No adults in the room, or at least none with a spine.
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