@Super-Remedy said in Theoretical Portfolio Benchmark:
I believe they are more pissed off with the situation than we are. They know they are teetering on the edge of the cliff and wont want all this to fall into the abyss. They have built up a fantastic product with yields and dividends pretty much unrivalled by no one.
I sometimes wonder what FI’s views are...
Although I wouldn’t go so far as to say they are teetering on the edge of the cliff 😆 I don’t think they’ll have enjoyed watching the highest price player drop from ~£15 to ~£5 though. I personally think the biggest problem is the reputational damage from all this and I hate to think about it tbh. I dread to think of the amount of people who joined in the last 8 months and left thinking it’s a load of shit, which to the average person it probably has been with the huge spreads and lowering prices consistently for those 8 months. Are they going to recommend joining to any of their friends and family? Hell no.
But then I also think, FI must make a fair bit of money through commission when prices do fluctuate. When they announced a change in dividends in August (I think it was then) with the ‘disappointing’ introduction of ToTM and GK dividends the prices rose in anticipation and fell when everyone thought it was below expectations. Then they announce the increase in dividends a month or so later and prices are back up again. Peaks and troughs for them must be better than steady rises. Do they do it on purpose?
Although you could argue (and some definitely would) that the latest trough isn’t going to peak again 😂 I’m hopeful though, just need to get rid of all those who are desperately trying to get out. I have to say though I am astounded how many seemingly are trying to get out as there are a decent number of ever-lowering offers on EVERY player!
Also, if you think FI are pissed off more than the traders, you should check FI Twitter. Dread to think of what’s going on in FI Facebook 🤣