Have we bottomed out yet?............



  • Some people will need to take money out and are waiting for the spreads to be more reasonable.
    But whatever comes out tomorrow... We will have a little more certainty for people to gamble on. Months of a great media promotion... For the savvy long termers...plenty of bargains.

    I don't think it's doom and gloom for the index by any stretch of the imagination... Player to player there is capacity for boom and bust. I recommend buying in small batches so if you do buy a player who crashes you have room to keep topping up... Or not too many shares losing value etc



  • Mainly to echo what others have said no, there will be plenty whom need money elsewhere and haven't pulled the trigger just yet due to the spreads. The drops people are seeing in ports is artificial, it's a result of people listing to market, the money is still in there.

    What I will say is I expect there to be quite a sharp dip at some point as those that need to sell have a race to the bottom to exit holds. I expect that sharp dip however to be short lived by those that have cash balances waiting to take advantage of the market bottoming out.

    The platform and dividends structure is sound in my opinion, most will be exiting out of necessity rather than choice.

    Lastly just want to spare a thought for people finding themselves in a tuff spot right now, do what you need to navigate the current world events and stay afloat, hopefully in the near future we can all be enjoying football again.



  • Previous downturns in FI have clearly shown that some people have overstretched themselves, but this is unprecedented compared to that as we're looking at significant real world problems, not simply player prices outgrowing dividends.

    I don't want to be a doom monger, but realistically we must be on course for a recession. People have got families to care for and bills to pay, and money in here may soon look like a luxury they can't afford. People are always happy to post rocket emojis and shout 'get on the train' when things are going well, but the silence when things are not often speaks volumes too.

    I don't think we're near the bottom yet and I would encourage all users to evaluate their current position. FI should be fun. It will not be fun if you're sweating over the money you have in here.

    That said, I do think FI have an ace up their sleeve. People will still want a 'flutter' regardless of the wider economic situation and there are loads of bookmakers that are going to feel the pinch for as long as sport is cancelled. The unique aspect of FI is that they don't need football to be played, just spoken and written about and if they play things correctly they will be able to offset at least some of the inevitable loss with strong marketing around the media aspect of FI, which will hopefully take some custom off bookies.



  • I'm a Director in a Recruitment Agency and we had to let 9 people go yesterday. We're only a small company with 20/25 employees so it's been a tough few days. Over the course of the next 2 or 3 weeks I would imagine many others will face the same issues.

    Whilst I am in a fortunate position where I can ride it out and wait for football to return, many others will need cash now if they are being made redundant or are being asked to reduce salaries/working days. Although it is likely to see further drops to my port, I do feel like the size of the spreads should be decreased. Imagine being made redundant and desperately needing to cash in your portfolio to survive, and having to IS out of desperation? You'd be lucky to get what, half of your port value back after ISing and commission?

    So, in answer to your question, I'd be surprised if this was the bottom.



  • Anyone else quite happy for the Index to remain in its current state for the foreseeable future?

    While uncertainty levels are at their peak, portfolio stability is the most important thing right now and we are very lucky to have that.

    Yes the Index may be frustrating, boring, flat and some may feel 'trapped' but reacting too soon and attempting to artificially stimulate it could be disastrous.



  • @Chris-J said in Have we bottomed out yet?............:

    Anyone else quite happy for the Index to remain in its current state for the foreseeable future?

    While uncertainty levels are at their peak, portfolio stability is the most important thing right now and we are very lucky to have that.

    Yes the Index may be frustrating, boring, flat and some may feel 'trapped' but reacting too soon and attempting to artificially stimulate it could be disastrous.

    Yep not bothered at all about profit just want the index to be okay and ready for when footy starts again.



  • @Tom77 said in Have we bottomed out yet?............:

    @Chris-J said in Have we bottomed out yet?............:

    Anyone else quite happy for the Index to remain in its current state for the foreseeable future?

    While uncertainty levels are at their peak, portfolio stability is the most important thing right now and we are very lucky to have that.

    Yes the Index may be frustrating, boring, flat and some may feel 'trapped' but reacting too soon and attempting to artificially stimulate it could be disastrous.

    Yep not bothered at all about profit just want the index to be okay and ready for when footy starts again.

    I'd echo that. There's been talk of shortening spreads. It would be absolute madness to do that right now until we can see at least a clear timeline to the resumption of football. Some might see potential in investing in something that might bring riches maybe 12 months down the line but id wager the vast majority would look to put their money elsewhere.



  • I feel my money is "safer" in here than 90% of stocks at the minute and for the next few months, don't get me wrong, I'm assessing the markets and going to have a dabble in a few stocks in the next few weeks, half of what would normally be coming straight into here,the other half will come into here as usual. I just see alot opportunities coming up. May be wrong and lose some but it's keeping my little bit of gambling/trading alive, where as in FI it's a little stagnant until we get an announcement. Or maybe it's diversifying a bit.. one thing is for certain, if it wasn't for this global pain in the arse the full quota of dosh would be straight in here and topping up ready for next season.
    Hold firm and keep whatever you can in here!



  • I think FI have got something up their sleeves which could ignite the market tomorrow. Could be a good day to top up Bruno and Pogba, assuming MB gets a further boost.



  • Problem is a lot of money is tied up and doesn't make sense to IS to free it up. Once IS is put back to a sensible level I anticipate a bit of a dip but not a drastic one, it all depends how the day-to-day operations of the country are affected I suppose, good job FI is only in the UK or it would be f**ked



  • Im seeing a lot of purchases in players i was waiting to bottom out. Starting to get that FOMO feeling but im not convinced they have bottomed out yet



  • The night is darkest just before the dawn. We are a long way away from that yet. Theres already tonnes of bargains out there but I’d still wait before topping up.



  • It does look like the curve has flattened out so sit tight and wait I’d say if you can, don’t fuck it off because when they start behind closed doors it’s gonna be a big step back to normality and you’ll be kicking yourself if you don’t keep the faith



  • Just remember, there are a lot of delusional people that think the football is going to or could restart in a few weeks time whilst every other sport has essentially written the whole year off.
    There is no reason at all to hold all bar 5 or 6 players for months. Any FI announcement can only benefit those holds and everybody already knows they are the players to hold.
    I’m not spreading fear, just being realistic and honest. I’m desperate for this platform to prosper and if it can survive the next potentially three months, potentially two years then it will.



  • Interesting question....

    Haven't really been paying much attention to the market for the past couple of weeks, for obvious reasons. I'd made peace with sitting tight and taking what comes, and thought best to not engage at all here or elsewhere, whilst feeling so pessimistic in general.

    Situations like this mercilessly expose weak underlying points on every level, and I was worried pre-existing concerns about FI would be no different. That said, for whatever reason, I really do feel more optimistic in general today - despite the awful situation that continues, and will continue for some time, in the real world.

    But it does seem FI have dealt with an unprecedented situation well, when one wrong move can be very costly, and they are essentially at the mercy of events entirely beyond their control. You can certainly make the argument that compared to other markets (a low bar obviously) FI has been remarkably robust. Yes, real fear has pervaded everywhere, but there has been a relative lack of real panic here, from what I've seen at least.

    It's obviously difficult to call, and at present I wouldn't feel comfortable for anyone going out on a limb. But we may well be bobbing around the bottom now, and the path upwards is slowly forming in the distance.



  • @Advinculas-Index

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    Nothing to get too excited about but... it's green at least.



  • I'm i for the long haul, it's a 3 year bet, we can all knock the spreads but in some way I bet the financial markets around the world dreamed of having them. They may frustrate but they are there for stability. We may be close to the bottom we may not, but I believe the spreads make make Fi a safer investment than other markets. Keep the faith, when the games are back on it will only go one way.



  • I think itl get worse before it gets better.
    Suppose there may be a spike with whatever plans come in today after the epl announcement and fi reaction announcement... But as the world continues to struggle for months naturally so will the index. People will need their money.



  • The bottom is so far off we cant see it . Over first month more and more people will struggle financially and not all users were as prudent when investing money , mainly as alot of people saw as no lose !!!. Now all them people will have to reconsider they positions. Second month will be when gets to breaking point and people want and need money . Third and fourth months you decide but the bottom is somewhere around here I predict and it is a long long way down yet .



  • @NewUser195126 agree - people who think the index is going to magically spring back into life when fixtures return are going to be disappointed, it will be used as an exit point for the masses.

    This is why I don’t want to see any further promotions just yet - a big promotion right now won’t have a fraction of the impact it would have in 2-3 months time, just keep things stable for the time being.


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