Brexit

[Bluer White]

Originally Posted by Headache in a Suitcase

My retirement savings would like any of the Brexit supporters to go fuck themselves.

You shouldn't have liquidated all of your retirement funds today then.


...Oh, you didn't do that ?

[Salome]

My favourite comment of the day (so many to chose from) came from Wales, they voted for leave but already informed Westminster that now Wales will be missing out of EU money they expect England to make up for it.

[Irvine511]

Originally Posted by Headache in a Suitcase

My retirement savings would like any of the Brexit supporters to go fuck themselves.

i'm just not going to look for a few months.

[Hewson]

Originally Posted by Bluer White

You shouldn't have liquidated all of your retirement funds today then.


?

[Salome]

Lies upon lies upon lies

[iron yuppie]

From what I am reading, it seems a lot of the economic problems on the horizon from Brexit come down to the rest of the EU making an example of Britain, so as to deter other member states from following suit.

It would be a shame if sour grapes of that sort prevent the UK and EU from carrying on normal trade and financial activity. I think Brexit will only be economically problematic in the long term to the extent that political infighting allows it to be.

[Salome]

It's nothing to do with making an example out of anything.
The EU will be a bigger more important market to the UK than the other way around.
Negotiations will have to resemble this.
I'm sure the US and all other countries will act the same way.

[Bluer White]

Originally Posted by iron yuppie

From what I am reading, it seems a lot of the economic problems on the horizon from Brexit come down to the rest of the EU making an example of Britain, so as to deter other member states from following suit.

Plenty of other cute 'exit phrases' are out there from sizable parties in EU member states.

They'll probably wait awhile to see how Britain shakes out, before calling for their own votes.

[Bluer White]

Originally Posted by Salome

It's nothing to do with making an example out of anything.
The EU will be a bigger more important market to the UK than the other way around.
Negotiations will have to resemble this.
I'm sure the US and all other countries will act the same way.

'Back of the queue' per the American President.

[DaveC]

Originally Posted by Headache in a Suitcase

My retirement savings would like any of the Brexit supporters to go fuck themselves.

this is where the value of actively managed investments come in. my company hedged the shit out of every currency except USD and my RSP made money today.

all other times tho yea, total ripoff

[deep]

Obama and Hillary may have offset that bastard that killed that woman

[Headache in a Suitcase]

Originally Posted by deep

Obama and Hillary may have offset that bastard that killed that woman

[Headache in a Suitcase]

Originally Posted by DaveC

this is where the value of actively managed investments come in. my company hedged the shit out of every currency except USD and my RSP made money today.

all other times tho yea, total ripoff

My wife, who works for a much larger company , had something similar happen... and our overall portfolio took a slight hit, so we're good overall. My retirement fund lost just under 10%

[DaveC]

it just struck me that Queen Elizabeth II could very likely be the last british monarch ever.

imagine if someone had said that in 2006.

[DaveC]

Originally Posted by Headache in a Suitcase

My wife, who works for a much larger company , had something similar happen... and our overall portfolio took a slight hit, so we're good overall. My retirement fund lost just under 10%

...was it all in a FTSE index fund?