Example given:
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This thread was really about dumping UK stocks not empiresâŠ
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I canât be bothered RLX, good luck. You win.
I donât care about winning anything, I just post economic data, that is important to value the countries and to have sustainability on the investment decisions:
Public (Government) Debt per capita:
Who cares about banks? Or are you talking about the first bank to collapse in the GFC? The British Northern Rock. 
Banks arenât a relevant economic agent or indicator.
The most important economic agents are Central Banks.
The most relevant economic indicator is Real GDP.
The economy of a country have several economic sectors, the banking sector is just one of them. There are economies that have an inflated banking sector, some of them have already crashed, Iceland and Cyprus.
If banking is so important in the British economy, how UK will be in the future with so many international and large banks leaving for the continental European countries?
EDIT: About bank bailouts, what happen to the British Barings Bank bailout? Which bank saved/bought the Barings, and from which country? Or what were the national political agents that save it?
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One important aspect about investing, is Forex, for those with EUR, the GBP have lost more than 55.5% vs. EUR, since the strongest GBP exchange ratio against the EUR (0.5859 in 01/10/2000, monthly frequency).
Who invested on this date in GBP-denominated assets, had lost more than half of their returns, just because of a weak GBP (Long-term trend, more than 20 years, about 2 business-cycles) :
Has you can see above, the EUR was considered more safe-heaven asset than the GBP in the GFC 2007/09. Even the Eurozone Debt Crisis afterwards didnât affected too much the value of EUR vs. GBP.
Just take your own conclusions⊠
Still about Forex:
For those of you who like History or were too young then, or if werenât yet born:
Soros is known as âThe Man Who Broke the Bank of Englandâ because of his short sale of US$10 billion worth of pounds sterling, which made him a profit of $1 billion during the 1992 Black Wednesday UK currency crisis.[16]
In 1997, the UK Treasury estimated the cost of Black Wednesday at ÂŁ3.14 billion,[1] which was revised to ÂŁ3.3 billion in 2005, following documents released under the Freedom of Information Act (earlier estimates placed losses at a much higher range of ÂŁ13â27 billion).[2]
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Just for clarity guys, China is bigger than US, but I would bet most on this forum if not all have more money in US stocks than Chinese stocks. So size of economy etc doesnât matter to me when investing in stocks, a stock can do well in small country, or do badly in a big country.
Why I invest in UK stocks is because I live here so I understand the companies more than I would otherwise, Same reason I think Taylor Wimpey is a great stock to have but US investors probably have never hear of it, same way I dont own any US REITS etc as who knows what their house market is like on the ground.
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I donât think its as simple as country size and economy size here. Westerners are more familiar with US stocks with many of the companies being household and trusted names. China is still breaking the âmade in Chinaâ image, not to mention even today is still rife with corruption and government interference. All this and more make the US more attractive to Westerners.
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My portfolio is heavily weighted with growth tech and EV stock US (Emerging market, e.g. China, Israel) so I will need to balance it with other sectors and other country as well. The UK stock seems attractive as many of them seems to be severely undervalued based on many analystâs opinion. Moreover, it is priced in GBP so no exchange rate fluctuation.
So, dump it? Definitely not, you dump it I will buy it. I will buy more if there is a dip for the UK company with a strong balance sheet and I believe will survive until activities back to normal and they start making money. Nothing right or wrong approach just stick to your thesis and manage the risk you are willing to take.
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If the UK gets a no deal Brexit expect stocks as well as the pound to go down⊠temporally⊠everything will come back up soon after. Youâre better off waiting to see if there is a no deal and buy more uk stocks at a discount.
My pie is a mix of US and UK stocks.
https://www.trading212.com/pies/l71lyg26e7o0eaQm95BMIE3qAMCy
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I think it will get worse. Even with a deal itâs a bad situation. For example RR will be excluded from EU projects. Airbus may ditch it for Safran or, why not USâs GE or Prat. You may say that in 20 years from now UK will become one of the most prosperous country the world has ever seen but I wouldnât put my money on that. In the short/medium term it will be in a bad situation. I expect bakrupcies and a lot of M&A
The mongol empire was the largest linked by land not the largest worldwide empire
This is simply not true, our country is exceptional at financial markets. Just because we donât shout about wealth doesnât mean we are not a wealthy country.
Just like an oap Britain may not be a 21 year old athlete anymore but wisdom trumps all and we have wisdom through experience in abundance
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Iâm being slightly lazy, but could not now be the best time to buy UK stocks - particularly investment trusts trading at a discount to NAV? Iâm not sure if there is an easy way to automate this, Iâve started listing them from Morningstar(can this data be pulled into Google sheets?).
Compare the UK all share total return against other global indices. It is still tracking about 15% lower than other global markets this year, or about 45% in 5 years. Now that might just be a lot of âcorrectionâ, or lack of investment due to unknowns around Brexit, but popular opinion appears to suggest that is overpriced in. It has never been cheaper globally, to invest in the UK, so picking the right Fund/Trust or company could produce some really good returns. Look at some of the UK Equity Alpha funds out there, or well known stocks like Ocado.
Which investment trusts trade at a significant discount with respect to their NAV?
Thats what I am trying to find out, but Iâm currently finding it funnier reading some comments on Facebook, people comparing markets by the value of the index over time, rather than total return. Basically writing off the value of dividends.
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I think the dividends are the most rewarding part, free money or shares every year without selling anything! Most people prefer growth over dividends but I like both
Are you youâre referring to discount to NAV? And itâs not just the assets within the actual trusts low?
Yes, I am referring to investment trusts, trading at a discount to NAV. Some Investment Trusts that hold a lot of listed securities calculate their NAV on a daily basis. CTY, MNKS, SMT for starters.
I think safestyle is a good buy, have you seen it? Theyâre offering buy one get one free.
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