

micawber
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About micawber
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Should the UK seek to re-join the EU?
micawber replied to Bruce Banner's topic in House prices and the economy
Nope. Just someone who can't string two sentences together. (Teasing) -
Should the UK seek to re-join the EU?
micawber replied to Bruce Banner's topic in House prices and the economy
God forbid that the limit of people's ambitions are to rejoin a failed organization. Think bigger, broader and better if you want my support. Give up your national sovereignty (and that includes you SNP and all the other devolution nonsense) and create a new single state. -
Examples of big & multiple drops
micawber replied to Sausage's topic in House prices and the economy
Yep. It feels to me as though low transaction volumes are maintaining high prices. It's a similar picture across vast swathes of the South. I don't think that the HPC really starts until transaction volumes rise substantially. This needs more input from the 3 D's. -
Examples of big & multiple drops
micawber replied to Sausage's topic in House prices and the economy
You can see reductions on Zoopla For Sale (Sort by most reduced) but you're right - most stuff is selling for new highs (green) and that can still be after a large reduction off asking price. https://houseprices.io/?q=po33 -
Latest Grand Designs - £4.5m four year conversion
micawber replied to telespy's topic in House prices and the economy
Everyone needs a hobby. -
I'm an advocate for equity investment but I would never suggest that large company values don't fluctuate much. They have been wild over the last year. And you never know when a Deepwater Horizon incident or Enron scandal will take out any one stock so diverisifcation is key both within an asset class and across asset classes. And rebalancing once a year or after % shift.
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Examples of big & multiple drops
micawber replied to Sausage's topic in House prices and the economy
Only 65 years left on lease so not a reliable indicator of the general market -
Haha. Busted. Sorry but I couldn't refuse. Just a couple of points. Pedantically (?), Premium Bonds pay a regular 1.1% if you have a large enough holding. So my 'cash' is pretty much matching inflation. I only hold about 14 UK companies including Shell, BP, BAT and also BHP and RIO. I love the companies close to the core commodities as they'll benefit from demand-pull and cost-push inflation. I'm less keen on the consumer stocks like M&S and finance like the Banks. Even though Shell is up 50% over the year it's still trading on a stupidly low historical P/E (around 8 or 9).
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Property Lion Jan 2021
micawber replied to TheCountOfNowhere's topic in House prices and the economy
FAANG's+Tesla do not THE market make.