Dreamcasting

Agreed, but it's a real toxic swamp out there right now. Sadly a lot of the younger folk today are being taken in more frequently as their life seems to heavily revolve around the internet and are unable to critically ascertain what's real and not.

Gold should be the thing to be heavily loading up on right now, but it's very heavily manipulated to the downside else it would be sitting at something like $10k at this point. Get 20% inflation, gain 1% increase in the value your gold holdings kind of thing.

There goes Amazon's business model then. Most people care less about where the products come from. The biggest joke is people buying imported Chinese goods from Amazon sellers at high marked-up prices when they could have bought at half price direct from China on Aliexpress.

Yeah it's probably been somewhere around 9 - 12% on average, but as always, past performance is no guarantee of future results. A balanced portfolio is the best approach as nobody knows what the next 10 years will bring.

Just a reminder people that a lot of what you read on the internet is ill-informed, outright lies or fake. If you're getting information from a crypto site, you're likely being fed utter BS. The same goes for Peter Schiff however in regards to gold, the various loony sites, fake youtube videos and spam bot comments with fake likes - same goes for reddit etc. I already know of 2 people who have fallen for the latest fake Amazon crypto scam just in the last 3 days

https://beincrypto.com/gold-miner-nilam-resources-buy-bitcoin/

To be fair, you can thank dart thrower Powell and their stupid dot plot nonsense for the most part.

I'd personally not be getting involved with the NASDAQ. I'd say world trackers are a safer bet over a 15 year period. What will £10k cash look like in 15 years time vs world stocks? Of course nobody truly knows hence the need for a bit of diversification. For all we know, silver which appears to be very undervalued at $25 today may be valued at $250 before long, although the most likely outcome imo is a continued smacking of the price right back down to $20 and under if it ever appears to be making it's move upwards.

Yeah, that makes sense. I don't honestly expect there to be any serious cuts so getting in with a long fix now seems reasonable as far as your mortgage goes. I don't honestly know what the banks are thinking. As for the stock markets, I don't think 3 cuts will make any significant difference if they do or don't materialise. Getting rates above 6% with serious threats of regular +0.25% increases would move the stock market.... downwards.

There's been a lot of sleight of had at play on both sides of the pond, probably in a vain attempt to try and help out the incumbents at election time. Roll on a few months and we'll see how things really look.

Why is anyone bothered about stocks crashing provided they're in the market for several years? The biggest danger I see is holding too much currency that we know is definitely being debased. That currency will never recover unless base rates start moving up into the correct territory which is probably at least 10%. The questions you need to ask yourself are: Are governments about to stop spending and borrowing like drunken sailors any time soon, and do you think rates will get to the correct level given the size of government debts? The BOE knows that 5.25% isn't going to cut the mustard, and they also know that putting rates up to 10% would break the government.

This forum is usually wrong about most things most of the time. Every time I log on, I honestly expect to see an article about how flying saucers are coming to take over the planet 😂

Whether 3 cuts come this year or not is fairly insignificant to the stock market either way imo and base rates somewhere around 4.5 - 5.25% seem likely - the stock market doesn't much care as there's not much in it. I don't know what banks are thinking wrt mortgages but @scottbeard is likely making a good move in getting into a long fix at this point. Basically, the stock market sees 3 cuts as 0 cuts more or less. Unless base rates start heading UP again, and significantly so, stock markets will also be heading up simply because it's being measured by ongoing currency debasement.

I disagree that the market is pricing in too many interest rate cuts. The markets are pricing in the fact that base rates are far too low and that currencies are debasing quickly. The markets also know that base rates won't be increasing to where they need to due to high government debt and thus stock markets can only continue to go up. This still ends in hyperinflation though so I'm not sure what anyone can really do about it.

20 fewer bars for @Stewy to "have experiences" in. Soon he'll be confined to drinking cheap ale in his slave box at weekends.

Honestly, my last reply should have just said to get out of the UK, US, EU, Canada, Oz and New Zealand.

It's a problem that everyone is facing right now. There are huge amounts of greed in just about every market. People are loading up on anything they can, particularly tech stock as they see real risks of ongoing currency debasement. The stock bubble just isn't popping as a result. The biggest issue I see is the fiscally generated inflation that simply isn't going to disappear. The government needs cutting as does the wider civil service and councils, and the central banks really need to be pushing up base rates much higher as their 5 to 5.5% has not and will not have much effect. With high government debt, we are unlikely to see those higher rates. If you're holding GBP, I would think again. USD and Euro isn't the solution either. Usually people would be loading up with gold and even silver in these times, however the market is completely rigged and these will continue to be smacked down. So it looks like the stock markets will continue to soar. Where will the S&P500 be in a year's time? 10000 isn't off the table. Gold will probably continue to range $1800 - $2400 or so.

All this talk of significant price rises and this ass is looking at rate cuts this year?

And in your opinion, what would you suggest the average person does to "protect themselves"?

They'll do exactly what the Fed do. Most people are now expecting 3 cuts this year which will slightly help mortgages but have wider inflationary implications for everyone. The real concern is what they do next year. I think it's clear they're wanting to go back to ZIRP and QE in the longer run which is quite a scary proposition. Anything to push up property prices whilst the price of everything else goes along for the ride. The time to get out of the US, UK, EU, Canada, Aus and NZ is fast approaching.

Central banks are all working in syndicate and they really could care less about surprising anything or anyone, especially not main street. If they know they're behind the curve, they could easily have done a 0.25% decrease this week because they've already said they would be making cuts this year and such a move would be anything but shocking - the cut would have just come slightly earlier. The biggest surprise for you my boy will be when they don't make the expected cuts.

Behind the curve and now know it yet held interest rates again just yesterday. The desperation in your posts is very telling at this point.

Wages are higher in the US but more susceptible to layoffs and generally worse terms. Now property prices are completely out of control and let's not talk about property taxes and insurance.

That lot may as well just throw a dart at a dartboard to tell them how many times to cut rates. Hopefully they'll miss. The Fed have lost any credibility that they once may have had.

The US is a busted flush as is "mini-me" UK and EU. I spend around 50% of my time in the US and can safely say that average Americans are having a tough time right now. Infact, prices are even more insane in the States compared with the UK right now regardless of what official inflation figures they come out with.