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So is it worth chucking £50 into an Oanda account right now and just leaving it there?
Well i have £3k of cash in there, maybe time to invest that while its cheaper to do so.
That depends how happy you are to take a risk, how much you need that £3k and how long you're happy to leave it in a stocks and hares isa for example. Put £3k in today and it might be worth £60 less tomorrow, then the same the next day and so on. It will recover but you shouldn't invest money in the hope of a short term gain if you can't afford to lose it.
Gary M - its for my Pension (its a SIPP), so its got about 22 years to grow...
I was kidding about the Health 150, my future is actually held in a more balanced long term fund. up 20% overall in the 4 years to date including recent activity.
Balanced as in rubbish me thinks.
Wall St is basically trying to blackmail the FED by crashing the stock market in the hope the FED will continue with a loose monetary policy.
For the past 10 years the FED has responded by releasing more QE, lowering rates etc, but if there is real inflation in the economy, they have run out of tools and the market is set for a major correction.
I don't know how to add an emoji in here but I think the smiling sh*t would be appropriate today, although he'd only be smiling if he was waiting to go all in at the bottom rather than just gone all in at the top...
Looks like its bouncing back, what to buy now?
A cat that the shopkeeper claims is merely resting ?
At this stage I will take that resting cat in exchange for my worthless stocks Mr shop keeper.