ANNOUNCEMENT : ALL OF ROYAL MAIL'S EMPLOYMENT POLICIES (AGREEMENTS) AT A GLANCE (Updated 2021)... HERE

ANNOUNCEMENT : PLEASE BE AWARE WE ARE NOT ON FACEBOOK AT ALL!

Shariah Down 12%

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

Shariah Down 12%

Post by Hawkey99 »

Down 7% ish over the last week......

Good time to invest a £ or 2.....

Or could fall further.....lol
NorthernBoy
EX ROYAL MAIL
Posts: 384
Joined: 27 Sep 2010, 21:08
Gender: Male

Re: Shariah Down 12%

Post by NorthernBoy »

Yes, US tech shares have gone down significantly over the last few weeks, with a move away from growth to value stocks. The £ going up against the dollar has also helped lower the funds value as well.

Will it continue, is anyone’s guess. If your buying units monthly the lower price will help average down your unit price though. I am sticking with it as not selling for a few years.
Hawkey99
Posts: 568
Joined: 23 Oct 2011, 11:19
Gender: Male

Re: Shariah Down 12%

Post by Hawkey99 »

Still dropping so an amazing time to invest...

Long term historically it only goes 1 way long term....


Not advice, Do your own research....
NorthernBoy
EX ROYAL MAIL
Posts: 384
Joined: 27 Sep 2010, 21:08
Gender: Male

Re: Shariah Down 12%

Post by NorthernBoy »

Nasdaq went up Friday so you will see the price go up a bit on Monday, but yes it has seen a big fall this year.

Long term I hope this is just a temporary pause and big tech can continue going up.

You pays your money you takes your chance....