Trump 2.0

[Wing_Stand_Wood]

Hong Kong stock exchange down a staggering 13%+ today, worst single day since 1997.

 

[Londonlisa2001]

My pension has had another hammering and the property market is probably taking a canning, ffs

Property is affected differently by stock market crashes depending on the underlying cause.

If the crash is caused a a generally awful economic situation then property prices tend to drop albeit there’s quite a lag and any drop is usually a lot less severe.

In this case, it’s been caused by an economically illiterate moron so if anything, property will be seen as a safe haven for money until markets are safe from his input. Added to likely reductions in interest rates and it is very unlikely to take any sort of caning, if anything, the reverse is true. Particularly given we live in a country where the fundamental issue is we don’t have anywhere near enough houses and you can’t build them very quickly.

Your pension is another matter. Although if you are close to retirement age, it shouldn’t be in risky assets to any extent. A policy followed by investors to protect against exactly this scenario. If you are some way from retirement it will come back up again as it’s entirely self inflicted and therefore can be reversed. Change of president should do it.

 

[Longlostjack]

Property is affected differently by stock market crashes depending on the underlying cause.

If the crash is caused a a generally awful economic situation then property prices tend to drop albeit there’s quite a lag and any drop is usually a lot less severe.

In this case, it’s been caused by an economically illiterate moron so if anything, property will be seen as a safe haven for money until markets are safe from his input. Added to likely reductions in interest rates and it is very unlikely to take any sort of caning, if anything, the reverse is true. Particularly given we live in a country where the fundamental issue is we don’t have anywhere near enough houses and you can’t build them very quickly.

Your pension is another matter. Although if you are close to retirement age, it shouldn’t be in risky assets to any extent. A policy followed by investors to protect against exactly this scenario. If you are some way from retirement it will come back up again as it’s entirely self inflicted and therefore can be reversed. Change of president should do it.

 

[Longlostjack]

MAGA v Wall Street - there’ll only be one winner.

 

[Longlostjack]

I wonder if the deal with Ukraine for the rare earth and other minerals was anything to do with getting a lot more lithium for his mate Musk.

It’s all gone quiet about Ukraine. The orange man has got off on tariffs and the drama. It’ll be Greenland next. He’s a junkie for drama.

 

[Niigata Jack]

Property is affected differently by stock market crashes depending on the underlying cause.

If the crash is caused a a generally awful economic situation then property prices tend to drop albeit there’s quite a lag and any drop is usually a lot less severe.

In this case, it’s been caused by an economically illiterate moron so if anything, property will be seen as a safe haven for money until markets are safe from his input. Added to likely reductions in interest rates and it is very unlikely to take any sort of caning, if anything, the reverse is true. Particularly given we live in a country where the fundamental issue is we don’t have anywhere near enough houses and you can’t build them very quickly.

Your pension is another matter. Although if you are close to retirement age, it shouldn’t be in risky assets to any extent. A policy followed by investors to protect against exactly this scenario. If you are some way from retirement it will come back up again as it’s entirely self inflicted and therefore can be reversed. Change of president should do it.

I retire two years November officially, my fund had dropped since the orange man came to power, its in a balanced fund, I'm still paying into it as well, not sure its worth it though, may be better stopping the direct debit just saving the money

 

[Niigata Jack]

It’s all gone quiet about Ukraine. The orange man has got off on tariffs and the drama. It’ll be Greenland next. He’s a junkie for drama.

He's a lunatic and a loose cannon, especially with Vance and Musk in tow.

 

[Robbie]

I retire two years November officially, my fund had dropped since the orange man came to power, its in a balanced fund, I'm still paying into it as well, not sure its worth it though, may be better stopping the direct debit just saving the money

Am there with my Private Pension tied into the Stock Market performances as I am invested in .

Had the choice of a more lesser rate and stay in my then Works Pension scheme or getting a better rate and higher interest going Independent . choose out and took a risk , my call .

Soon after COVID and Ukraine issues meant my funds went into negative growth and I took a hit off my Providers to balance their books , all repayed and all funds back up to a ok level for now at least .

Have not yet checked these latest actions and my current financial situation , maybe back in the red .

My FA tells me Markets will recover in the long term but it can be a bumpy ride .

An Independant Financial Advisor would be a good idea going forward .