Brexit

[deep]

Mine is all in the NYSE and it down 4.5% today
Not too worried.

[Headache in a Suitcase]

Originally Posted by DaveC

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

A decent chunk of my 403b was in a British based ETF.

I was in the process of rolling it over into a joint retirement plan with my wife but the paperwork is still being processed. Go figure.

[anitram]

The markets will rebound. I am willing to make the bet that this, in the long term, ends up being like a Y2K in terms of the markets.

[deep]

On a selfish note, this is a net posative for America
Bad for European elites, long term better for average British citizen, longer term much better for England.

[Headache in a Suitcase]

Originally Posted by deep

On a selfish note, this is a net posative for America
Bad for European elites, long term better for average British citizen, longer term much better for England.

Oh yea?

[deep]

yea.

[DaveC]

Originally Posted by Headache in a Suitcase

A decent chunk of my 403b was in a British based ETF.

I was in the process of rolling it over into a joint retirement plan with my wife but the paperwork is still being processed. Go figure.

if it's anything like up here, the capital loss could help at tax time, at least

[deep]

it is not a loss or gain until you cash it out. and if you are an old bastard the cash out should not be a taxable event

[Headache in a Suitcase]

Originally Posted by deep

yea.

When Trump is elected, amirite????!?

[LuckyNumber7]

Originally Posted by deep

On a selfish note, this is a net posative for America
Bad for European elites, long term better for average British citizen, longer term much better for England.

On a really really selfish note, I hope to watch the GBP nose dive some more into the 1.20s. I'll be the richest student in England with my fancy United States Dollar loan.

[Headache in a Suitcase]

The nationalists won and the economy immediately tanked. This is great for us!!! #TrumpLogic

[deep]

it is a positive for America because some capital will leave UK and European markets uncertainty and migrate to American markets.

[BVS]

Originally Posted by deep

it is a positive for America because some capital will leave UK and European markets uncertainty and migrate to American markets.

I say we ban all capital until we find out what's going on.

We don't need any more immigrants. That could be mooslim capital.


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[Vlad n U 2]

Originally Posted by 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.

III, you mean?

Centuries too late.

[deep]

Originally Posted by 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.

Would this be a bad thing?
They should take the fortune and set up some tourist sites, hire some plain looking actors play the parts.

[Axver]

Originally Posted by Vlad n U 2

III, you mean?

Is there a missing Elizabeth we don't know about?

[ntalwar]

Originally Posted by deep

it is a positive for America because some capital will leave UK and European markets uncertainty and migrate to American markets.

I think that's true as long as the dollar doesn't get too strong against the tanking currencies. Otherwise, we could end up like the Japanese market.

[DaveC]

Originally Posted by Vlad n U 2

III, you mean?

Centuries too late.

what the fuck?

i know she's bound to stay out of politics but i'm kinda surprised she hasn't at least expressed an opinion either way about things that affect the foreign policy and stability of her kingdom like this.

[DaveC]

Originally Posted by Axver

Is there a missing Elizabeth we don't know about?

monarchist equivalent of being a shiite?

EDIT: thank fuck we finally have something to talk about besides the election and massacres in here.

[david]

I look forward to the pending global economic collapse and fully welcome a Mad Max land of awesome cars and leather as we all will scour the wastelands for fuel. Sure beats working at an office.


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