D-S
Well-known member
Just to pile on the misery, the FTSE 100 has plunged to almost the level of a couple of weeks ago, which was an all time high at the time.
Not time to put the begging bowls out yet.
Investments - Strategies, Ideas, Options & advice
- Thread starter PNWokingham
- Start date
Not time to put the begging bowls out yet.
It will recover, history shows it will happen. Just don't look.
It's like walking on a high ledge, don't look down
harpo_72
Journeyman Pro
But had we all known what was going to occur .. would we have removed our cash .. yeah.
D-S
Well-known member
Currently (and this is the operative word) maybe that would not have been the best.
SwingsitlikeHogan
Major Champion
I will go elsewhere to vent my spleen…
garyinderry
Ryder Cup Winner
I was planning on starting a stocks and shares isa with Santander. Im currently waiting 10 days for my log in details with only 250 quid put in to open the account.
Is it a bad time to fire a lump sum into this now?
Is it a bad time to fire a lump sum into this now?
The Squirrel
Well-known member
Nobody knows the future path of the stock market, or can predict it reliably - if they did they’d be a trillionaire.
Safest and easiest way is to make regular contributions- that way if there are any dips or market falls then you’ll be taking advantage of them automatically. You’ll also be buying more ‘units’ when prices are low automatically which is good - google ‘pound cost averaging’ for an explanation of this.
Mudball
Assistant Pro
the best time to start investing was yesterday... the next best is today...
... just keep investing regularly rather than trying to time the market... you will be fine..
garyinderry
Ryder Cup Winner
Thanks fellas. Ill be starting when those log in details arrive.
I just wanted to ask if I was making a school boy error in these uncertain times.
I just wanted to ask if I was making a school boy error in these uncertain times.
