Black Monday

[skid]

An extrtemely good point. Finding a home for money has been difficult enough for the last decade.

To make money? ..or protect money----best I could come up with for the latter was Kiwi Bonds and pay off the mortgage if you are able.

Disc.-this is one of those weird situations where i hope Im wrong about having concerns.

[fungus pudding]

To make money? ..or protect money----best I could come up with for the latter was Kiwi Bonds and pay off the mortgage if you are able.

Disc.-this is one of those weird situations where i hope Im wrong about having concerns.

Earning and protecting. Earning money is essential to protect the capital from inflation. And yes - pay off mortgages, particularly any that are not tax effective. But really nothing much will happen here that many of us haven't lived through before. In less than a year, looking back, it will look like the Asian crisis or the GFC.

[Bjauck]

Some short to medium term economic problems ahead for the UK I feel. The EU are going to be as spiteful as they can get away with IMO.

The Brexit side claimed that the Remain side were scaremongering.
However already the coveted AAA rating for the UK from S&P is gone http://fortune.com/2016/06/24/britai...r-brexit-vote/
Several banks have already indicated jobs will go from London to Paris and Dublin. Unsurprising that Boris Johnson was booed in London.
Unsettling of the peace accord in Ireland could spark destablisation and resumption of terrorism there.
Another (more likely successful) push for Scottish independence as a result of this result could have additional economic consequences.
Long term problems for the UK & what's the betting that the Brexiteers will blame anybody but themselves?

[BlackCross]

At least the Brits can always laugh at themselves:

http://www.thepoke.co.uk/2016/06/24/...facebook-page/

[Bobdn]

Earning and protecting. Earning money is essential to protect the capital from inflation. And yes - pay off mortgages, particularly any that are not tax effective. But really nothing much will happen here that many of us haven't lived through before. In less than a year, looking back, it will look like the Asian crisis or the GFC.

or 4.5 years, the average time it took for markets to recover after a major collapse over the last 100 years. 25 years being the longest (from October 1929 of course). Hmm what will I be doing in 25 years time...oh I know, i'll be dead.

[fungus pudding]

or 4.5 years, the average time it took for markets to recover after a major collapse over the last 100 years. 25 years being the longest (from October 1929 of course). Hmm what will I be doing in 25 years time...oh I know, i'll be dead.

I'll join you in that one. Probably beat you to it.

[skid]

I'll join you in that one. Probably beat you to it.

you guys are going to be accused of being a ''glass half empty'' kind of person

[King1212]

If the US or China, I would be very scared....but it is only UK...leaving the union n business as usual as it will take 2 years to change the laws n rules....some people are just paranoid n taking the opportunities to scare the market so they can pick n buy a cheap stock....trust your research with the companies that u invested.....

[skid]

If the US or China, I would be very scared....but it is only UK...leaving the union n business as usual as it will take 2 years to change the laws n rules....some people are just paranoid n taking the opportunities to scare the market so they can pick n buy a cheap stock....trust your research with the companies that u invested.....

Your neglecting the ''human'' factor--(will others also want to leave?)....lets hope it settles fast

We may need to research human psycology.

[JBmurc]

The Brexit side claimed that the Remain side were scaremongering.
However already the coveted AAA rating for the UK from S&P is gone http://fortune.com/2016/06/24/britai...r-brexit-vote/
Several banks have already indicated jobs will go from London to Paris and Dublin. Unsurprising that Boris Johnson was booed in London.
Unsettling of the peace accord in Ireland could spark destablisation and resumption of terrorism there.
Another (more likely successful) push for Scottish independence as a result of this result could have additional economic consequences.
Long term problems for the UK & what's the betting that the Brexiteers will blame anybody but themselves?

....Unlikely Doomsday BS ..UK is the fifth largest economy in the world...and now with a much lower pound is going be great for exports and tourism .. the EU is going the way of the titanic >> the UK is getting its Sovereignty back .....The EU, which deliberately vests supreme power in the hands of unelected officials ...for the benefits of the Corporations ,Banks ...

I can't believe the scots would want to remain in the EU which has been a rolling disaster ,,,,,just look at GDP growth sub 1% since 95 yet debt ,money printing out of control ,,PIGS will default yet again >>>


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