Falling Savings Ratio indicates turbulence ahead

Money, investing, mutuals etc
kevinchess1
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Re: Falling Savings Ratio indicates turbulence ahead

Post by kevinchess1 » Sun Jul 22, 2018 12:35 am

Technically, I’m still a CIC member so I’ll comment
‘I think it’s BULLOCKS!’
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Boro Boy
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Re: Falling Savings Ratio indicates turbulence ahead

Post by Boro Boy » Sun Jul 22, 2018 12:50 am

kevinchess1 wrote:Technically, I’m still a CIC member so I’ll comment
‘I think it’s BULLOCKS!’

Interesting...! It does come from the professional but hell, they are just guessing, however they do have a little more insight. It would be interesting to hear your predictions along the same lines as the forecast chart... :think:
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kevinchess1
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Re: Falling Savings Ratio indicates turbulence ahead

Post by kevinchess1 » Sun Jul 22, 2018 9:08 am

Yes
I will do when I’m back
Currant Lee in some face less service station
Having my traditional Holiday Sunday breakfast
Coffee, fag and cough
Gave the littlelees my credit card and haven’t seen them in ages :?
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kevinchess1
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Re: Falling Savings Ratio indicates turbulence ahead

Post by kevinchess1 » Thu Jul 26, 2018 8:11 pm

Boro Boy wrote:It does come from the professional but hell, they are just guessing, however they do have a little more insight. It would be interesting to hear your predictions along the same lines as the forecast chart... :think:
Well
Their 'Predictions' are based on past performances.
Any idiot with google could post this
If you ever buy an investment product there will be a warning, in capitals and bold type

PAST RESULTS ARE NOT A GUIDE TO FUTURE PERFORMANCE. YOUR INVESTMENT COULD GO UP OR DOWN

That's a legal requiremnet because people lost money
What it means is they dont have a clue whats going to happen
But 'doom and gloom' predicitons make headlines
Chadwick wrote: Living costs ('household spending') will increase.
Unemployment will increase.
Inflation will go down.
Interest rates will increase.
The FTSE will drop in value.
£1 will buy more dollars, but fewer euros

Living costs always rise
Unemployment is at record lows so could go up but will (probably) still be lower then pre brexit
Interest rates are low and will (probably) rise, which will push inflation down
FTSE is currently 7663.17
I predict it will be higher that this on March 20 2019
December 31 2019
and December 31 2020

That's my thoughts
Last edited by kevinchess1 on Fri Jul 27, 2018 8:21 am, edited 1 time in total.
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Boro Boy
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Re: Falling Savings Ratio indicates turbulence ahead

Post by Boro Boy » Fri Jul 27, 2018 12:06 am

kevinchess1 wrote:
Boro Boy wrote:It does come from the professional but hell, they are just guessing, however they do have a little more insight. It would be interesting to hear your predictions along the same lines as the forecast chart... :think:
Well
Their 'Predictions' are based on past performances.
Any idiot with google could post this
If you ever buy an investment product there will be a warning, in csapitals and bold type

PAST RESULTS ARE NOT A GUIDE TO FUTURE PERFORMANCE. YOUR INVEST COULD GO UP OR DOWN

That's a legal requiremnet because people lost money
What it means is they dont have a clue whats going to happen
But 'doom and gloom' predicitons make headlines
Chadwick wrote: Living costs ('household spending') will increase.
Unemployment will increase.
Inflation will go down.
Interest rates will increase.
The FTSE will drop in value.
£1 will buy more dollars, but fewer euros

Living costs always rise
Unemployment is at record lows so could go up but will (probably) still be lower then pre brexit
Interest rates are low and will (probably) rise, which will push inflation down
FTSE is currently 7663.17
I predict it will be higher that this on March 20 2019
December 31 2019
and December 31 2020

That's my thoughts

Interesting...! :think:
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AAAlphaThunder
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Re: Falling Savings Ratio indicates turbulence ahead

Post by AAAlphaThunder » Fri Jul 27, 2018 8:17 am

Boro Boy wrote:I am surprised no CIC Members have commented on the FTSE downward slide prediction.... :eh:
I'm in it for the long-term so things should even out for me in favour of profit.
[Secretary] imutual Cashback Investment Club

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