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Brexit strategy

Wider investment strategy discussions not dealt with elsewhere
XFool
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Brexit strategy

#159096

Postby XFool » August 12th, 2018, 9:05 pm

NO! Not another Brexit thread that's gone rogue and escaped from Polite Discussions. :P

What are people doing/have already done wrt their investment portfolio faced with the impending Brexit?

Probably should have asked this yonks ago...

Also, sorry if there is already a thread on this - I don't find the TLF Search facility terribly helpful.

tjh290633
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Re: Brexit strategy

#159107

Postby tjh290633 » August 12th, 2018, 10:46 pm

Nothing.

TJH

ap8889
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Re: Brexit strategy

#159132

Postby ap8889 » August 13th, 2018, 7:06 am

I have a heavy weighting of global trackers so less worried than I would be if I was undiversified. I have a smaller cash pot which may be deployed if the FTSE gets a downwards push, but otherwise it is business as usual.

Darka
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Re: Brexit strategy

#159138

Postby Darka » August 13th, 2018, 8:32 am

Nothing, I don't think Brexit will be as big a problem as the media are trying to make out.

SalvorHardin
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Re: Brexit strategy

#159233

Postby SalvorHardin » August 13th, 2018, 2:19 pm

The only change that I've made is to build up a lot more cash than I would normally hold, moving some of it into a basket of foreign currencies.

This isn't because I'm expecting a serious economic downturn due to Brexit. It's possible that there will be a half-decent deal, or that there will be no deal but the results will not be all that significant. After all, the consensus prediction of economic catastrophe in the second half of 2016 if Britain voted to leave were seriously wrong. But then macroeconomic forecasters make astrologers seem accurate.

There's a good chance that the increasingly hysterical reporting of Brexit causing massive problems will to some extent become self-fulfilling. If this happens then this will throw up a few bargains next year for those of us with a strong nerve, hence the cash.

I invest much less in the UK nowadays, but that's because of Corbyn not Brexit.

Hariseldon58
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Re: Brexit strategy

#160152

Postby Hariseldon58 » August 16th, 2018, 3:46 pm

There has to be a reasonable chance that we will see irrational fear during the course of the next few months, already invested largely in global stocks, like SalvorHardin I mildly reduced stock exposure and placed the proceeds in US dollar bonds, mainly short treasuries in the hope that we may see something interesting...

I would look at UK investment trusts with interest where a falling pound and potentially wider discounts may become available....


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