Investments, stocks, shares

[grobyfox1990]

3 hours ago, Raj said:

And here are all of us worrying needlessly about sitting on massive paper losses and all markets all over the world having the worst days since the pandemic, whereby really Trump has given us all early Easter presents!!

I bet you think LCFC s recent run is just a blessing really!!!

 

You said it yourself mush, paper losses! Grow a backbone and keep going snowflake! 

[Mike Oxlong]

Had a relatively modest first try at the stock market about 2 months ago with a punt that had risk/reward written all over it 

 

It’s worth about 1/5th of what I put in at the moment 

 

Timing is everything ! 

[Bellend Sebastian]

Those seeking reassurance could do a lot worse than read Liontrust's Guide to Managing Volatility (found relatively easily with a Google search), especially pages 10 and 11

[Raj]

29 minutes ago, grobyfox1990 said:

You said it yourself mush, paper losses! Grow a backbone and keep going snowflake! 

Bad day???🤣🤣🤣

 

Thanks 👍🏾😁

Edited 4 April by Raj

[Parafox]

My mate's private pension investments have jumped off a cliff.

 

He is seriously worried that the recovery (if any) won't happen for several years. And as a result he will be struggling.

 

Not a man for small talk he said simply, Trump is a selfish, narcissistic **** who doesn't understand world politics.

 

 

[Sol thewall Bamba]

Our share price (financial sector, as big as they come) down 8% today. 

 

Refusing to look at my own pots

[Sly]

This is why I buy things made of bricks. It’s not as volatile. 

[Spiritwalker]

It’s not nice seeing your hard earned savings dropping like a stone, 

in the last couple of weeks my investments are down 9k and my pension 

even more, but I don’t need access to them now so I’ll just sit tight because 

the markets always come back. If you’ve invested in good companies 

those companies will still be good companies 

[Paninistickers]

I'm lumping in a tracker early next week 

 

Give it 18 months and it'll be more less near normal,.either coz tariffs have worked or they've been so bad, they've been removed and confidence restored 

 

[Bellend Sebastian]

9 hours ago, Paninistickers said:

I'm lumping in a tracker early next week 

 

Give it 18 months and it'll be more less near normal,.either coz tariffs have worked or they've been so bad, they've been removed and confidence restored 

 

I doubt it will even take that long, but who knows.

 

My pension is 50% tracker and that's done loads better than the active part. My dilemma is whether I should change anything to take advantage of the upside, which may include hypocritically temporarily abandoning my ethical preferences

[DennisNedry]

Worth lumping a load into a global tracker now for a recovery, or is there further to fall? 

[grobyfox1990]

12 hours ago, Raj said:

Bad day???🤣🤣🤣

 

Thanks 👍🏾😁

A few bad days yes but as arteta wisely says ‘trust the process.’ There’s been some insane and totally unjustified gains recently, a bad day and a correction was always due, the recovery will take place. Keep putting money in that pension young man 

[jonthefox]

Just checked my pension and nearly had a heart attack. 

[Bellend Sebastian]

My pension is down 13% which does equate to quite a lot as I'm old and started it not long after I got my first proper job.

 

Given I've got the highest risk version of what I'm invested in and the mind blowing idiocy of what's going on at the minute it's not that bad really.

 

I've probably got at least another 10 years of work so the tricky thing is to decide when to start being a bit more careful with it

[Dmitry]

2 hours ago, Bellend Sebastian said:

My pension is down 13%

What are you invested in?

[Bellend Sebastian]

19 minutes ago, Dmitry said:

What are you invested in?

Two managed portfolio services, both highest risk, one fully active, one fully passive. Quilter Wealth Select Responsible Passive and Tatton Ethical Global Equity Managed if you're REALLY interested

[Leicester_Loyal]

Not sure on peoples individual pensions, but when you're coming into the final 10 years prior to retirement, we've always been advised to move the funds into less risky funds, so if something like this happens, you don't lose as much, as you haven't got the years left for it to recover.

[Bellend Sebastian]

12 minutes ago, Leicester_Loyal said:

Not sure on peoples individual pensions, but when you're coming into the final 10 years prior to retirement, we've always been advised to move the funds into less risky funds, so if something like this happens, you don't lose as much, as you haven't got the years left for it to recover.

Perfectly sensible advice if you're planning on buying an annuity or want to take your tax free cash in full, for both of which you're banking on the value being at its highest on one particular day.

 

It's a bit more complicated now that a lot of folk choose to phase their retirement and even take their lump sum gradually, and so are remaining invested, often until they die 

[Dmitry]

1 hour ago, Bellend Sebastian said:

Two managed portfolio services, both highest risk, one fully active, one fully passive. Quilter Wealth Select Responsible Passive and Tatton Ethical Global Equity Managed if you're REALLY interested

I don't know the ticker symbols for these. CAn you compare their performance to SP500 over the last 20 years and snap a screenshot?

 

[Paninistickers]

52 minutes ago, Bellend Sebastian said:

Perfectly sensible advice if you're planning on buying an annuity or want to take your tax free cash in full, for both of which you're banking on the value being at its highest on one particular day.

 

It's a bit more complicated now that a lot of folk choose to phase their retirement and even take their lump sum gradually, and so are remaining invested, often until they die 

Yeah, years ago a fella on a night school class was telling me his pension value plummeted at the point he was to retire. Those were the days you retired at 65, like it or not. 

 

Certainly any 'retirement date' I have will be influenced heavily whether the value is decent or is in the midst of a downturn. Meaning retirement dates now are flexible and / or phased. Particularly that state pension can be deferred (and therefore increased to prop up monthly income a bit) if private pension and part time (or freelance) work is good for your sixties

[grobyfox1990]

1 hour ago, Leicester_Loyal said:

Not sure on peoples individual pensions, but when you're coming into the final 10 years prior to retirement, we've always been advised to move the funds into less risky funds, so if something like this happens, you don't lose as much, as you haven't got the years left for it to recover.

That's what I thought. I thought the pension provider automatically eased you further into bonds and certainly away from equities the nearer you got to retirement. I thought you actively had to choose to stay full blast in equities if you were nearing retirement. In which case you know exactly what you're getting into and cannot start moaning when equities do what equities do.

Is that not the case then? I cannot imagine a world where you're 66.5 and still heavily exposed to the whims of equities in your pot, but maybe I am too risk averse!!

[grobyfox1990]

1 hour ago, Bellend Sebastian said:

Perfectly sensible advice if you're planning on buying an annuity or want to take your tax free cash in full, for both of which you're banking on the value being at its highest on one particular day.

 

It's a bit more complicated now that a lot of folk choose to phase their retirement and even take their lump sum gradually, and so are remaining invested, often until they die 

Ok understood now...So if you're phasing you don't need to sh1t yourself because the markets will swing back. And if you're taking a lump sum, by now the majority of your pot should be bonds-focused, in which case you've done well out of this.

As usual quite a lot of hyperbole and OTT before reality appears.

Edited 5 April by grobyfox1990
misunderstood

[FoxesWalk]

10 hours ago, DennisNedry said:

Worth lumping a load into a global tracker now for a recovery, or is there further to fall? 

Wait, imo. He’s too stubborn and arrogant to give in quickly, and the EU will retaliate soon enough. A fair way down yet I suspect. Probably be a few quarters of dire earnings reports stateside to follow and that’ll keep prices depressed.
 

He will eventually cave and remove them and claim victory regardless of the outcome (spoiler alert: global recession). 

Edited 5 April by FoxesWalk

[CheeseHead]

11 hours ago, DennisNedry said:

Worth lumping a load into a global tracker now for a recovery, or is there further to fall? 

 

38 minutes ago, FoxesWalk said:

 

He will eventually cave and remove them and claim victory regardless of the outcome (spoiler alert: global recession). 

You can't time the bottom so I would think DCA-ing into it over the next few weeks/months is the best option.

 

Surely by the time of the mid-terms something has to have changed. He's boasted before how good the stock market was in his first term. Can't imagine he'd want his final term to be marked by a deep recession. At least I think this will be his final term!

[Paninistickers]

52 minutes ago, CheeseHead said:

 

You can't time the bottom so I would think DCA-ing into it over the next few weeks/months is the best option.

 

Surely by the time of the mid-terms something has to have changed. He's boasted before how good the stock market was in his first term. Can't imagine he'd want his final term to be marked by a deep recession. At least I think this will be his final term!

How do you 'dca' it?