My entire pension pot is now worth less than contributions (£34.70) however this is not strictly true as I did some consolidation in April last year with a new Job and therefore pension plan as I like to keep everything in the same place.
I need to adjust my funds, I’m on Aviva’s standard risk 4 out of 7 currently.
Well, you say that. He him self knows and has admitted that causing turbulence like this can be a good thing. Especially if you know it’s coming beforehand… There’s a good video of him from many moons ago talking about how he loves a good market crash, allows people with lots of cash to go and buy up all the things for cheap, not just stocks, but businesses that are about to go under too.
So what was it all for? Told his mates to sell up. Then he crashed the market. Told his mates to buy back just before the pause so they all earn shed loads of cash. That’s the only explanation I have.
And what about all these MAGAts who were saying how great these tariffs are. Best thing to ever happen to America. Stock market crashing is just an adjustment. etc. What do they all think now? I guess they just don’t think, they just shout the party propaganda as it suits.
If they all genuinely believed what they were saying about these tariffs, there wouldn’t be a pause. Still unsure if he’s clueless, or just making the rich richer, as per always.