Darn it, I wanted the pound to fall---there are still plenty of Linn upgrades I need to consider!
LOL so did I, was planning on selling some of my US stocks.
Ah well.
Cheers
Orb
Setting aside the value of your US stocks, from an F/X standpoint the long-term average is 1.65x...even at 1.55 not so bad.
True but I thought I could make more by selling and xferring the money from my US broker when Labour came into power as they would cause the pound to slide, moral of the story;
Never assume anything regarding voting trends/polling or markets
Funny enough one of the specialists brought in for the Conservatives mentioned the polling stats were broken and there would be a late swing to Conservatives, everyone thought that was a really bad call.
I do wonder if he had a bet on Conservatives getting a majority, freaking decent odds lol...
...Orb
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