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If the market drops again I have cash waiting that I could put in to take advantage of short term gains. If the market rises I got in relatively near the bottom. I have some set points on the 2 funds I'm invested in after which I will put more in.
Either way this is all money I intend to leave in at least 5 years so in order to truly lose out we'd have to have a serious, long term economic down turn.
There's only 2 things Im not sure about, Im tempted to invest in Asia which I don't have in my portfolio yet so need to research a decent fund there. I have an inkling that Asia might recover faster than the west.
The other one is if there is no further drops should I start drip feeding my ear marked cash in to start taking advantage of the long term rise. My thoughts is that I would wait until at least June / July time to make that call where the low point would hopefully have well and truly passed.
Got to be in it for the long term - jump in at a point you think your happy with and walk away or pound averaging over a period of time.
Noone can guess the bottom, we may have seen it or we may be heading back down.
Initial crash, short covering plus push the market back up to regain some of the loses and then let the market crash properly, as we head in to a depression.
Or, it's all done. Issue over and stimulus to cover economic issues in place. Everyone buy the stock market back to 7500.
Take your choice but in ten years, I'm with you - rear view mirror and the market won't collapse. Will it? ;-)
As you say, if there is a world destroying catastrophic event such as all out nuclear war then investments in the collapsed stock markets will be last of our worries as money will have no real value.
But, regardless of what it is, I wish I had more to invest each month! I could salary sacrifice a lot more into my pension but am smashing my mortgage at the moment to get rid of it as that is part of my long term strategy.
https://www.studiowear.co.uk/ -
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If redundancy comes around again, I want to be in a position to take it as it's a good chunk after 17 years in this job. Not having that mortgage hanging round my neck will help enormously. Currently I will be 100% debt free in 22 months....I'm crossing off the days.
There will be pivotal point I guess where it will make sense to get the loan paid off.
https://www.studiowear.co.uk/ -
https://twitter.com/spark240
Facebook - m.me/studiowear.co.uk
Reddit r/newmusicreview
short term is trying to make short-term profits from the undulations of the volatile market
I'm no expert, but this seems pretty logical
Also might short the FTSE or S+P on its way down next time. nearly did this week but had not set the account up in time
Does this seem like a sensible thing to filter my money in to at the minute, or are there better options? You can search for it under NMX5750.