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  #161  
Old 29.03.2020, 19:10
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Re: Markets down - Invest now or wait further?

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I know a guy from my university (same degree same year) that has a very successful career as head of investment banking at top investments banks. I don't care how much he is making but I do know how much he bought his house in London back in 2008 or 2009 and from that you can imply his compensation (at that time he was only a VP, he is an MD and head for the past 6-7 years).
You will never see him on CNBC or Bloomberg. And when I see him on Kings Rd he is a regular dude. At this level there are maybe 100 people like him in London.
So?
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  #162  
Old 29.03.2020, 19:12
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Re: Markets down - Invest now or wait further?

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So?
I didn't start that conversation. And it is off topic I agree.
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  #163  
Old 29.03.2020, 19:15
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Re: Markets down - Invest now or wait further?

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I know a guy from my university (same degree same year) that has a very successful career as head of investment banking at top investments banks. I don't care how much he is making but I do know how much he bought his house in London back in 2008 or 2009 and from that you can imply his compensation (at that time he was only a VP, he is an MD and head for the past 6-7 years).
You will never see him on CNBC or Bloomberg. And when I see him on Kings Rd he is a regular dude. At this level there are maybe 100 people like him in London.
A house in 'London' could be 500k-100,000,000 stop trolling. The amusing thing is if he paid £10,000,000 in 2008 he won't get his money back today
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  #164  
Old 29.03.2020, 20:08
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Re: Markets down - Invest now or wait further?

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You are wrong again
https://www.barrons.com/articles/why...fs-51585076254
https://www.ft.com/content/f9c7e4de-...f-41bea055720b

You may want to get the facts straight before writing fake news
i was told that the fed are not allowed to buy stocks (unlike BOJ/SNB). let's see if they change the rules soon...
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  #165  
Old 29.03.2020, 20:43
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Re: Markets down - Invest now or wait further?

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Hello, do you really have a clue about finance?
Both articles you linked are mentioning bond purchases via ETFs. Corporate bonds they are buying.
You wrote

"FED as far as we know now doesn't buy any stocks or ETFs. They buy bonds only."

It turns out they buy bond ETFs, so your statement is incorrect.
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  #166  
Old 29.03.2020, 21:37
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Re: Markets down - Invest now or wait further?

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You wrote

"FED as far as we know now doesn't buy any stocks or ETFs. They buy bonds only."

It turns out they buy bond ETFs, so your statement is incorrect.
ok anyway ETF is not an asset class, it is a financial product a wrapper that allows a share of ownership in a portfolio of stocks or bonds etc. A collection of bonds or a bond ETF pretty much is the same thing.

I didn't know that they are buying bond ETFs now, but the important thing is they are not buying stocks yet.
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  #167  
Old 29.03.2020, 21:41
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Re: Markets down - Invest now or wait further?

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A house in 'London' could be 500k-100,000,000 stop trolling. The amusing thing is if he paid £10,000,000 in 2008 he won't get his money back today
It was a few million back in 2008 or 2009. Don't worry about him. He is a multimillionaire and probably has bought other houses as well.. Even if real estate goes down these guys are really smart and have diversified their money.
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  #168  
Old 30.03.2020, 14:07
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Re: Markets down - Invest now or wait further?

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They both have negative EPS as far as I can see, so on an infinitive PE!
OK, maybe AER then.
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  #169  
Old 30.03.2020, 16:42
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Re: Markets down - Invest now or wait further?

The NASDAQ technology market is gaining ground today after streak of losses. Letís hope that the market that hit the bottom in mid of March 2020 has been reversing.
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  #170  
Old 30.03.2020, 16:48
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Re: Markets down - Invest now or wait further?

We're reaching quarter end, I expect a lot of automatic re-balancing which will transfer from bonds to stocks to give a quarter end bounce before the next leg down takes place.
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  #171  
Old 30.03.2020, 22:58
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Re: Markets down - Invest now or wait further?

I take many of these articles with a pinch of salt, but this one is interesting reading and fits with what my thoughts are regarding an upcoming slide given what the situation will be until the effects of COV are diminished... https://seekingalpha.com/article/433...content=link-0
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  #172  
Old 31.03.2020, 11:24
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Re: Markets down - Invest now or wait further?

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I take many of these articles with a pinch of salt, but this one is interesting reading and fits with what my thoughts are regarding an upcoming slide given what the situation will be until the effects of COV are diminished... https://seekingalpha.com/article/433...content=link-0
Everybody knows that the next crash will be bigger than this one similar to this one being bigger than 2008 crash. Nobody knows if this will happen this year next year or in 10 years time.
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  #173  
Old 31.03.2020, 12:06
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Re: Markets down - Invest now or wait further?

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Everybody knows that the next crash will be bigger than this one similar to this one being bigger than 2008 crash. Nobody knows if this will happen this year next year or in 10 years time.
It's ironic how you say "it's nice to discuss investing" and yet you insist on acting like the most insufferably arrogant twit in pretty much every post you make, thus making any discussion with you highly unappealing.

Not everyone is a pro investor or a market expert.

Last edited by Chuff; 31.03.2020 at 12:17.
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  #174  
Old 31.03.2020, 12:12
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Re: Markets down - Invest now or wait further?

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Everybody knows that the next crash will be bigger than this one similar to this one being bigger than 2008 crash. Nobody knows if this will happen this year next year or in 10 years time.
Crashes will always be bigger going forward as the market has probably doubled in size over the 10 years. They can be ignored by long term investors just try to find 1987 on the Dow Jones graph below.
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  #175  
Old 31.03.2020, 12:18
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Re: Markets down - Invest now or wait further?

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It's ironic how you say "it's nice to discuss investing" and yet you insist on acting like the most insufferably arrogant twit in pretty much every post you make, thus making any discussion with you highly unappealing.
Why you say this? Because I used everybody?

I just wanted to state my opinion. Next crash will be big but nobody can predict the future (nobody can time it pretty much)

You in turn you just attacking me in an online forum? Why? If you don't agree with me write your predictions.

Btw in seeking alpha there are amateur investors contributing to the site with their own opinions. I read this site as well, it is good but keep in mind that most people there are not professional investors and mostly writing their wishful thinking and opinions are all over.
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  #176  
Old 31.03.2020, 12:31
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Re: Markets down - Invest now or wait further?

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Crashes will always be bigger going forward as the market has probably doubled in size over the 10 years. They can be ignored by long term investors just try to find 1987 on the Dow Jones graph below.
The moves we saw this time even percentage wise for the S&P500 were bigger than 2008's moves. Mostly because of QE that has inflated the stock markets since then.

For now the markets have stabilise it seems but let's see what it will happen towards the summer and the end of the year. If I was going to guess, I would say we can go back to the highs before crashing even harder the next time.
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  #177  
Old 31.03.2020, 12:39
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Re: Markets down - Invest now or wait further?

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Why you say this? Because I used everybody?
Yes, and in addition to that posts like you made earlier where you said to someone: "Do you know anything about investing?". Ugh.

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Btw in seeking alpha there are amateur investors contributing to the site with their own opinions. I read this site as well, it is good but keep in mind that most people there are not professional investors and mostly writing their wishful thinking and opinions are all over.
Yup, I am aware of that and take nothing as gospel.
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  #178  
Old 31.03.2020, 12:41
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Re: Markets down - Invest now or wait further?

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The moves we saw this time even percentage wise for the S&P500 were bigger than 2008's moves. Mostly because of QE that has inflated the stock markets since then.

For now the markets have stabilise it seems but let's see what it will happen towards the summer and the end of the year. If I was going to guess, I would say we can go back to the highs before crashing even harder the next time.
2008 is a recent memory, however irrelevant in the long term scheme of investment, we learned nothing & credit is bigger issue today than back then. The Banks should not have been rescued.
Just more market 'noise' due to the internet, last week was also the best week for the Dow Jones since 1938 +12.38%. The market is volatile & people can deal for FREE, this is new so people will trade more believing they can beat the market, when they are the market!
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  #179  
Old 31.03.2020, 12:41
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Re: Markets down - Invest now or wait further?

Wait for insolvency/bankruptcies. Right now there must be a lot of companies trying to avoid insolvency. People defaulting on their car and home loans is a story that has not even started.

Oil price went down only 26 days ago. The lockdown in Italy just started 22 days ago. Switzerland 2 weeks.Some regions in the US already closed, other about to close shop.

On Hubei on China they're restarting after 2 months. It seems their coal consumption is recovering but the container freight index keeps sinking (no exports) https://www.ft.com/coronavirus-latest

Even after the lockdown ends, people that used their savings to live for some months and pay for medical care, won't rush to to buy lots of new stuff.
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  #180  
Old 31.03.2020, 13:11
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Re: Markets down - Invest now or wait further?

Actually, oil price down is positive for the economy right now.
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