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encryptor


Registered: 05/15/03
Posts: 1,154
Last seen: 19 days, 7 hours
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Invest in Stock after Britain votes to leave European Union?
#23384683 - 06/26/16 04:57 PM (7 years, 7 months ago) |
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I live in the USA and I want to invent money in a Roth IRA for 2016. I've been waiting for the market to decline steeply. I've heard the DOW has dropped 500 points or something of the like. I see European stock has declined a significant amount. How does this vote on Britain leaving the European Union affect stocks? I hear the value of the Great Britain Pound has declined. The US stock market still isn't terribly low that makes me want to invest yet. I see bonds are going up right now. When do bonds decline? When would be the best time to invest if I decide to during England's vote to become independent?
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ch1ck3n.s0up
Troubled Loner



Registered: 10/03/08
Posts: 2,573
Loc: Hunting Fungi
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Re: Invest in Stock after Britain votes to leave European Union? [Re: encryptor]
#23388775 - 06/27/16 07:13 PM (7 years, 7 months ago) |
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There's a lot of volatility right now. This whole Brexit thing has everyone reeling a bit, and the market is doing weird things. It's going to take a few weeks (months?) for things to settle down.
My opinion (not advice ) is to go for volatility plays: straddles, strangles, etc.
-------------------- "Inspiration ~ Move me brightly ~ light the song with sense and color ~ hold away despair ~ more than this I will not ask ~ faced with mysteries dark and vast ~ statements just seem vain at last" --Jerry Garcia, Terrapin Station "Officer, I'm going to remain silent, and I would like to speak with a lawyer. I'm not resisting, but I don't consent to any searches.
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tito123

Registered: 01/23/10
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Re: Invest in Stock after Britain votes to leave European Union? [Re: ch1ck3n.s0up]
#23389347 - 06/27/16 10:21 PM (7 years, 7 months ago) |
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I'm no expert but I'd say that a well-diversified index fund that you hold onto for a long time would be your best bet. Investing in anything well-diversified long-term seems to be a better bet than waiting around with your money (while inflation corrodes its value) looking for a time when the market has fallen enough for you.
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Gorlax



Registered: 05/06/08
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Re: Invest in Stock after Britain votes to leave European Union? [Re: tito123]
#23389754 - 06/28/16 01:20 AM (7 years, 7 months ago) |
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Lucky me I diverted my entire 401k from international funds which was like 50% of the pre-picked plan my job had. I'm sure people who picked any do it for me 401k plans are getting screwed by the volatility of the international markets. I know the US ones are having trouble but it's temporary I have a feeling other countries will be struggling a lot in the coming years. Invest domestically for now.
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encryptor


Registered: 05/15/03
Posts: 1,154
Last seen: 19 days, 7 hours
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Re: Invest in Stock after Britain votes to leave European Union? [Re: Gorlax]
#23405367 - 07/02/16 09:30 PM (7 years, 6 months ago) |
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yeah, you both have good advice. thx
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encryptor


Registered: 05/15/03
Posts: 1,154
Last seen: 19 days, 7 hours
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Re: Invest in Stock after Britain votes to leave European Union? [Re: encryptor]
#23432561 - 07/11/16 04:47 PM (7 years, 6 months ago) |
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with England leaving the UK it's hard to tell how they will do economically in the future. I was looking at Vangaurds European Index Fund VEURX which charts are showing on the decline now. it would be a good time to buy since I'd be buying low...but will it stay low until or get worse over the next 30 years? One suggest I stay domestically in US stocks. what's your opinion?
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
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Re: Invest in Stock after Britain votes to leave European Union? [Re: encryptor]
#23433393 - 07/11/16 09:46 PM (7 years, 6 months ago) |
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Quote:
encryptor said: stay domestically in US stocks.
^ my opinion. While I would be inclined to believe the UK and its trading partners will want to maintain the status quo (because it benefits both parties), there is uncertainty in how the exit terms will ultimately be delivered. Across the pond, Brexit gives the Fed the perfect excuse to hold rates low. The ponzi scheme continues. Money driven into equities, relatively less uncertainty in the US market, low earnings expectations for the most part built in, so put your $ in US equities. It will end badly (for all global markets), but probably not for a stretch. Keep dancing until the punch bowl is empty.
On that note, make sure you have some exposure to precious metals (gold and silver in particular). Smart (i.e. big) money is moving into precious metals as a long term asset allocation strategy to hedge against the unreasonably low (and sometimes negative) interest rates imposed by central banks around the globe. No one wants to be first to move higher. The US Fed has postured, but they aren't putting their money where their mouth is.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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