The pound is dropping, the pound has lost 6 cents in the last few hours

[frigidweirdo]

Some exit results are coming in from England, (which is the most anti-EU) and it's causing the pound to drop massively. Buy now and hope remain wins then you could make some serious money. If Leave wins you'll lose even more.

The Brits are going to have to have very cheap holidays this year.

Sterling's 'Most Volatile Day' In Modern History Video

 

[Vigilante]

Referendum of the United Kingdom's membership of the European Union
Last updated Jun 23 at 10:07 PM
Should the United Kingdom remain a member of the European Union or leave the European Union?
29.6% Reporting
Votes
Remain a member of the European Union
49.9%
4,116,276
Leave the European Union
50.1%
4,131,897

 

[Lucy Hamilton]

Referendum of the United Kingdom's membership of the European Union
Last updated Jun 23 at 10:07 PM
Should the United Kingdom remain a member of the European Union or leave the European Union?
29.6% Reporting
Votes
Remain a member of the European Union
49.9%
4,116,276
Leave the European Union
50.1%
4,131,897

"Remain a member of the European Union
49.9%
4,116,276
Leave the European Union
50.1%
4,131,897"

That was hours ago, Leave are nearly 500,000 votes ahead now.

 

[frigidweirdo]

Referendum of the United Kingdom's membership of the European Union
Last updated Jun 23 at 10:07 PM
Should the United Kingdom remain a member of the European Union or leave the European Union?
29.6% Reporting
Votes
Remain a member of the European Union
49.9%
4,116,276
Leave the European Union
50.1%
4,131,897

"Remain a member of the European Union
49.9%
4,116,276
Leave the European Union
50.1%
4,131,897"

That was hours ago, Leave are nearly 500,000 votes ahead now.

I saw things only about England, and England is the most willing to leave.

Leave camp leads in early UK referendum results, but polls indicate Remain

"
Leave camp leads in early UK referendum results, but polls indicate Remain"

Forecast Suggests UK Heading For Brexit

"
Forecast Suggests UK Heading For Brexit"

 

[Vigilante]

GOLD jumps up $42 on GOOD NEWS!

Referendum of the United Kingdom's membership of the European Union
Last updated Jun 23 at 11:27 PM
Should the United Kingdom remain a member of the European Union or leave the European Union?
65.4% Reporting
Votes
Remain a member of the European Union
48.9%
9,805,419
Leave the European Union
51.1%
10,227,085

 

[Zander]

Crude Oil is down 5%

 

[HappyJoy]

If you have a 401k, get ready for a kick in the balls.

 

[sarahgop]

Its a hysterical reaction to nothing. If England does leave the markets will end up higher.

 

[Zander]

If you have a 401k, get ready for a kick in the balls.

Not necessarily - in a "risk off" environment US equities could see a big spike upwards.

 

[Vigilante]

Breaking BBC and ITV call U.K. to leave EU in historic Brexit vote

 

[HappyJoy]

If you have a 401k, get ready for a kick in the balls.

Not necessarily - in a "risk off" environment US equities could see a big spike upwards.

Maybe, not if this is the first domino and your mattress compares nicely to the market. Also, most people don't know what their 401k is invested in.

 

[sarahgop]

Im glad if the EU breaks up but i dont see what the big deal is. A few oligarchs will lose some power but everyone else will end up better off.

 

[Zander]

If you have a 401k, get ready for a kick in the balls.

Not necessarily - in a "risk off" environment US equities could see a big spike upwards.

Maybe, not if this is the first domino and your mattress compares nicely to the market. Also, most people don't know what their 401k is invested in.

401K money is generally speaking, long term money.

In 10 years will what happens over the next few days or weeks matter?

if you think so, adjust your asset mix to match your risk tolerance.

Meanwhile, keep adding more $$$$$ every month!

 

[HappyJoy]

If you have a 401k, get ready for a kick in the balls.

Not necessarily - in a "risk off" environment US equities could see a big spike upwards.

Maybe, not if this is the first domino and your mattress compares nicely to the market. Also, most people don't know what their 401k is invested in.

401K money is generally speaking, long term money.

In 10 years will what happens over the next few days or weeks matter?

if you think so, adjust your asset mix to match your risk tolerance.

Meanwhile, keep adding more $$$$$ every month!

Not if you're retiring within 5 years, I'm not sure how much of this is absorbed or how much wealth ultimately is lost. We shall find out, I suppose the market has plenty of time to recover in the next decade, just about when the U.K. will actually be free of the E.U.

 

[Zander]

If you have a 401k, get ready for a kick in the balls.

Not necessarily - in a "risk off" environment US equities could see a big spike upwards.

Maybe, not if this is the first domino and your mattress compares nicely to the market. Also, most people don't know what their 401k is invested in.

401K money is generally speaking, long term money.

In 10 years will what happens over the next few days or weeks matter?

if you think so, adjust your asset mix to match your risk tolerance.

Meanwhile, keep adding more $$$$$ every month!

Not if you're retiring within 5 years, I'm not sure how much of this is absorbed or how much wealth ultimately is lost. We shall find out, I suppose the market has plenty of time to recover in the next decade, just about when the U.K. will actually be free of the E.U.

If you are retiring in 5 years, you should not have more than 30-40% in equities.

 

[Dont Taz Me Bro]

If you have a 401k, get ready for a kick in the balls.

Don't wet your pants. It's the predictable temporary panic selling and nothing more.

 

[HappyJoy]

If you have a 401k, get ready for a kick in the balls.

Not necessarily - in a "risk off" environment US equities could see a big spike upwards.

Maybe, not if this is the first domino and your mattress compares nicely to the market. Also, most people don't know what their 401k is invested in.

401K money is generally speaking, long term money.

In 10 years will what happens over the next few days or weeks matter?

if you think so, adjust your asset mix to match your risk tolerance.

Meanwhile, keep adding more $$$$$ every month!

Not if you're retiring within 5 years, I'm not sure how much of this is absorbed or how much wealth ultimately is lost. We shall find out, I suppose the market has plenty of time to recover in the next decade, just about when the U.K. will actually be free of the E.U.

If you are retiring in 5 years, you should not have more than 30-40% in equities.

Retirement isn't always panned and not always a choice, 30-40% of savings is huge, something many can't recover from.

If the UK falls into a recession, that has a direct effect on the global economy, if say Northern iIreland and Scotland tell the UK to go F itself and decide to stay in the union and if France and Germany then also decide to leave, I could see the potential for a good sized global recession.A lot of uncertainty keeps money in peoples' pockets.

We'll see what happens,

 

[HappyJoy]

If you have a 401k, get ready for a kick in the balls.

Don't wet your pants. It's the predictable temporary panic selling and nothing more.

It doesn't begin and end in a single night.

 

[Care4all]

I'm thinking 1 of my 401k's is taking a big hit cuz a third of it was invested in Britain's economy, which was rockin'.....

oh well....

 

[C_Clayton_Jones]

‘Leave’ obviously has no idea what it’s doing, clueless to the consequences, with no plan for moving forward.