ChatterBank4 mins ago
Shares
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I the wake of the London bombings should I sell my shares. I didn't buy any I got them with the Halifax when it became a bank or am I over reacting?
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For more on marking an answer as the "Best Answer", please visit our FAQ.If all you care about is the money then as soon as events such as this bombing happens, share prices fall and that's the time to buy shares. Apparently, if you work for a certain epartment in the government then it's also a good time to "bury bad news".
If you need to sell them and are only querying when to do so then anytime after the markets recover is OK.
I wouldn't sell them just because of the bombings. I don't see the logic in that one : keep them if at all possible.
On average shares outperform every savings account in the long term.
If you need to sell them and are only querying when to do so then anytime after the markets recover is OK.
I wouldn't sell them just because of the bombings. I don't see the logic in that one : keep them if at all possible.
On average shares outperform every savings account in the long term.
Yes you are over reacting - shares are meant to stay under the mattress until you are desperate for money. Events like this dent the vaue for a very short time - you should be more concerned about banking legislation and the long term effect it may have on banking share values. If you aren't concerned with banking legislation then good for you, stop worrying and get yourself a big mug of tea. Seeing as you got them free in the first place I would sell them as soon as the value gets back to normal and get yourself and the girlfriend a holiday. This may not help but best of luck whatever you chose to do.
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50/50 chance and I got it wrong I guess. My message was serious though in that you have paper at the moment and nothing tangible like cash in your hand. What would you do if you sold the shares? My answer was also implying that one day you will sell your shares, but when will that be? Why not make the most of it while you can? Apologies if you felt offended as it was intended as a semi-humorous alternative.