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by EliRivers 3180 days ago
Being in the UK, witnessing the pound devalue massively, my S&P investments have done stupidly well. As have my Japanese index investments. And my European index investments. Global index investments. If I thought the UK was going to sort itself out, I might sell off some of those and put them back into pounds.

That I blew most of last month's pay on European indices suggests I think the Maybot and chums are not done wrecking the UK yet :)

1 comments

Interest rates likely to rise soon, so pound will likely strengthen.
Interest rates likely to rise soon

I keep hearing that, over and over, for years and years. Eventually it'll be true.

Well I'm just going on what the governor of the Bank of England says, but what do I know eh?

'In the clearest indication yet that there could be a rate rise as early as November, Mark Carney suggested that it was time for the bank to "ease its foot off the accelerator".'

http://www.bbc.co.uk/news/business-41439349

Mark Carney is a tease. He says that over and over again. Year after year.

http://www.telegraph.co.uk/business/2017/09/14/bank-england-...