Mudball
Assistant Pro
Absolute blood bath across the world at the moment.... enuf said
The stock markets
- Thread starter Mudball
- Start date
robinthehood
Hacker
Yeah , maybe some bargains if you're brave... I might pick up some more Lloyds.
fundy
Ryder Cup Winner
Dows losing best part of a 1000 points a day last 3 days and worldwide markets suffering to similar degrees. Overrreaction based on Corona virus or just the beginning? Hard to see Friday being a positive day, wont be many wanting to hold into a weekend when bad news could be coming before the markets reopen. Markets have had a good run, be interesting to see to what degree the correction is
SocketRocket
Ryder Cup Winner
Would it be a correction or just scare arse running scared.
fundy
Ryder Cup Winner
without knowing how bad Corona virus becomes, its impact on economies and/or how far and fast the market goes hard to say, no doubt there will be plenty of hedge funds shorting to amplify the moves though!
Del_Boy
Head Pro
Go long overnight and then short as much as you can - cash to be made
fundy
Ryder Cup Winner
why long overnight? understand the shorting part especially if theres been an early bounce but why long overnight to expect the bounce?
surely treat the weekend differently?
Mudball
Assistant Pro
Before the 'crash', i had sold some funds so was sitting on cash. Stupidly, re-entered on Thursday and the markets caught diarrhoea on Friday. Had it been delayed by a day, i would have been a very happy man
How would you do that? What platform are you on?.
Del_Boy
Head Pro
City index
Tashyboy
Please don’t ask to see my tatts 👍
Because I now don’t dabble, not really bothered. Was always told don’t dabble with what you cannot afford to lose. Probably why I will never be rich.
woofers
Medal Winner
Interesting reaction on the markets, people have contracted Coronaviras and recovered, whilst deaths have been mainly in elderly folk with existing respiratory problems. Yet Influenza kills more people every year and the markets accept this.
D
Deleted member 23270
Guest
I'm scared to look at mine but I'm in it for the long haul so I'll just have to ride the storm.
jamiet7682
Active member
toyed with going into cash but would be crystalising a loss so just going to ride it out, its time in the market, not timing the market 
Grant85
Head Pro
toyed with going into cash but would be crystalising a loss so just going to ride it out, its time in the market, not timing the market
Absolutely.
I am an adviser and always prepare clients for the inevitable dips. Really I have no clients invested who can't afford to lose the money they will have lost in the last week and as Jamie says, time in the market is far more important. That doesn't mean they won't be disappointed, but they are investing with their eyes open to the perils and pitfalls of the markets.
Since Christmas Eve 1999, the FTSE 100 was at 6,946 (ish) which was an all time high. Since then we've had 2 serious crashes and another 3 or 4 minor corrections of 5% to 10% drops in short order. Today the FTSE stands at just 6,548 (i.e. capital values are now down over 2 decades). But £50,000 invested in a FTSE tracker in 1999 would actually be up at around £125,000 now (well over double in value) due to time in the market - compounding of dividend returns each year purchasing more units and genuinely accessing the profit / wealth creation of the companies that make up the FTSE.
A DJ tracker would have even greater returns on this period.
chrisd
Major Champion
Now may not be the best time to take my 25% tax free amount then?
need_my_wedge
Has Now Found His Wedgie
Scared to look at my pension pots today....
SwingsitlikeHogan
Major Champion
I'm not going to...
SteveJay
Head Pro
I did and regretted it - most of the gain made in the last 6mths was lost. Still, like its been said above, am sure it will recover in time.
Mudball
Assistant Pro
my pension pot is younger than me at the moment
i have the distinct advantage of having some cash in the child ISA. My old CTF provider was not online, so moved it to a ISA. Money arrived today and it is tempting to get into a tracker, but hoping to see how low does the bottom go. Since it is for the kid, looking at mostly passive tracker - for DJ, they currently only offer Fidelity Index US Passive (which is not a bad fund). Though BAILLIE GIFFORD AMERICAN seems to be the more #1 popular fund in the kids section. The challenge with funds are that they lag the markets by a day or 2, so hopefully i get enuf lead time to make that switch.
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Chisteve
Head Pro
im not also its a long haul hopefully they will recover in the next few weeks if not months
