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What are you going to do when the market crashes

2»

Comments

  • #52
    bohsman
    Registered Users, Registered Users 2 Posts: 8,881 ✭✭✭bohsman


    Karpaty wrote: »
    Thargor wrote: »
    Is that actually true or just an urban legend?

    Only applies if your bank statements show deposits made into those gambling accounts. Even small deposits will trigger questions. I'd recommend using pre-paid debit/credit cards, such as Revolut or PaddyPower's own debit card if you like an occasional Cheltenham/World Cup punt, but thinking buying :)
    I applied for a credit card recently and my bank asked to see all revolut statements for the last year before declining. Not based in Ireland though.


  • #53
    Karpaty
    Registered Users Posts: 18 ✭Karpaty


    bohsman wrote: »
    I applied for a credit card recently and my bank asked to see all revolut statements for the last year before declining. Not based in Ireland though.

    Guess it was always a matter of time before bank's caught up on Revolut, N26, etc. PaddyPower debit card still remains a solid option, with the ability to top up the card in the shop and use it to deposit/withdraw from your online accounts.


  • #54
    sorollo
    Registered Users Posts: 23 ✭sorollo


    Deub wrote: »
    I will buy plenty of Lyxor ETF BX4

    How will you benefit from this ETF?


  • #55
    sorollo
    Registered Users Posts: 23 ✭sorollo


    I think a lot of old reliables are good value at the moment.
    For example companies whose products we buy every day:

    nestle
    Danone
    Unilever
    Reckitt benkiser
    BAT

    I think Microsoft and Amazon are well situated for the future especially with their cloud business.

    Also SAP can be considered here.

    I think McDonalds and Walt Disney will also be worth it's in 100 years.
    Buy and hold.

    Not sure about coca cola (sugar tax etc)

    We are all getting older therefore pharma also good stock to buy and hold:

    Novartis is good value.


  • #56
    nuac
    Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    sorollo wrote: »
    I think a lot of old reliables are good value at the moment.
    For example companies whose products we buy every day:

    nestle
    Danone
    Unilever
    Reckitt benkiser
    BAT

    I think Microsoft and Amazon are well situated for the future especially with their cloud business.

    Also SAP can be considered here.

    I think McDonalds and Walt Disney will also be worth it's in 100 years.
    Buy and hold.

    Not sure about coca cola (sugar tax etc)

    We are all getting older therefore pharma also good stock to buy and hold:

    Novartis is good value.

    Agree on the pharma.

    BAT - fewer people smoking


  • #57
    Dardania
    Registered Users, Registered Users 2 Posts: 3,612 ✭✭✭Dardania


    nuac wrote: »
    sorollo wrote: »
    I think a lot of old reliables are good value at the moment.
    For example companies whose products we buy every day:

    nestle
    Danone
    Unilever
    Reckitt benkiser
    BAT

    I think Microsoft and Amazon are well situated for the future especially with their cloud business.

    Also SAP can be considered here.

    I think McDonalds and Walt Disney will also be worth it's in 100 years.
    Buy and hold.

    Not sure about coca cola (sugar tax etc)

    We are all getting older therefore pharma also good stock to buy and hold:

    Novartis is good value.

    Agree on the pharma.

    BAT - fewer people smoking

    In the west. They're just trying to get emerging markets hooked.


  • #58
    Deub
    Registered Users, Registered Users 2 Posts: 1,381 ✭✭✭Deub


    sorollo wrote: »
    How will you benefit from this ETF?

    It is a double short of the French CAC40. If you use it wisely, you can cover your share loss during crisis and even make profit.


  • #59
    erudec
    Registered Users Posts: 239 ✭✭erudec


    Didn't precious metals spike really high during the last market crash?

    Wouldn't that be the obvious position to hedge against a market crash of significant effect?

    If you are confident that the stock market will implode in X number of years, can't you go to the options market and purchase a document that locks in a vendor to provide a fixed amount at something close to today's price.

    If the world goes to hell in a handbasket between now and the expiry date, the expected value of the document will go from zero to huge.

    Unless there's something I misunderstood, of course!


  • #60
    erudec
    Registered Users Posts: 239 ✭✭erudec


    syntheticjunk wrote: »
    When market crashes - I'll short the hell out of it :)
    As volatility at all times low - buy OTM leaps puts.
    How much initial investment do you need to do that?


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  • #61
    AndrewJRenko
    Registered Users, Registered Users 2 Posts: 29,459 ✭✭✭✭AndrewJRenko


    Dardania wrote: »
    In the west. They're just trying to get emerging markets hooked.
    Just curious to know if you're happy to make money out of selling cancer?


  • #62
    Dardania
    Registered Users, Registered Users 2 Posts: 3,612 ✭✭✭Dardania


    AndrewJRenko wrote: »
    Dardania wrote: »
    In the west. They're just trying to get emerging markets hooked.
    Just curious to know if you're happy to make money out of selling cancer?
    personally, no. It offends my morals deeply So I don't invest in such stock. However, factually, that is their strategy


  • #63
    devlinio
    Banned (with Prison Access) Posts: 172 ✭✭devlinio


    Well, you were kinda right OP. The slump has started.


  • #64
    clsmooth
    Registered Users Posts: 3,706 ✭✭✭clsmooth


    Good time to be investing in funds? Or better off in a low interest account?


  • #65
    littlevillage
    Registered Users, Registered Users 2 Posts: 3,177 ✭✭✭littlevillage


    The big crash hasn't materialized yet.


    The markets had a mini crash at the back end of 2018 and a mini wobble again in January 2019. But Markets have since recovered around the world and are up approx 15% year to date ?

    Do you guys not mind missing out on potential gains?


  • #66
    kala85
    Registered Users, Registered Users 2 Posts: 1,907 ✭✭✭kala85


    littlevillage wrote: »
    The big crash hasn't materialized yet.


    The markets had a mini crash at the back end of 2018 and a mini wobble again in January 2019. But Markets have since recovered around the world and are up approx 15% year to date ?

    Do you guys not mind missing out on potential gains?

    So when is your prediction for the crash


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  • #67
    q85dw7osi4lebg
    Closed Accounts Posts: 3,502 ✭✭✭q85dw7osi4lebg


    There won't be a crash. Some industries will go into recession while others (defensive) will thrive.

    Hard to go wrong atm with BIO / Green / REIT / Crypto I reckon.


  • #68
    littlevillage
    Registered Users, Registered Users 2 Posts: 3,177 ✭✭✭littlevillage


    kala85 wrote: »
    So when is your prediction for the crash

    Not predicting a crash at all....was just wondering what the doomsayers were thinking as the market wobbled but then recovered solidly?


  • #69
    howsshenow
    Registered Users, Registered Users 2 Posts: 127 ✭✭howsshenow


    Contributor on News talk Breakfast Business "Peter Browne" says that in all his career he has not seen better market conditions for equities!! LoL

    Same guy in summer 2017 said that "Stocks go up a ladder and come down the lift" ... as we know they continued to rise and rise.


  • #70
    DaddyBigMoney
    Registered Users Posts: 2 ✭DaddyBigMoney


    Are REIT's a good investment to have during a downturn?


  • #71
    OwlsZat
    Registered Users Posts: 1,511 ✭✭✭OwlsZat


    DaddyBigMoney wrote: »
    Are REIT's a good investment to have during a downturn?

    Depends on what's kinds downturn you are seeing. If it's type with high unemployment you'd imagine not a great shout.


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  • #72
    phantom_lord
    Registered Users, Registered Users 2 Posts: 10,894 ✭✭✭✭phantom_lord


    Is that a joke question?


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