Quite the meltdown. I sold my ETFs and bought a few companies I've been wanting for a while. Now to stick my fingers in my ears and avoid the business news for a few months.Markets have been obliterated today.
Well, there are good days and bad days in the markets.....you're not going to gloss over the past week as 'usual ups and downs'. It's a pretty serious correction."obliterated"
"meltdown"
no guys, it's just the usual ups and downs of things, exaggerated a bit by people freaking each other out with that sort of language, and russia being plastered all over the news.
My firm is down 30% YTD so its fairly bad."obliterated"
"meltdown"
no guys, it's just the usual ups and downs of things, exaggerated a bit by people freaking each other out with that sort of language, and russia being plastered all over the news.
If it's your 'forever home' and you can start some savings back up again I'd be all over thatoh boy i lost my nerve and sold all my stuff way back 6 months ago.
ive been sitting on a big pile of cash and several times i thought about buying something or anything but im glad i didnt.
might just pay off the mortgage. Something id considered to be stupid but the way interest rates will probably pick up and this recession will come now....
hellllllpppp!
Hindsight is great and all that, what is the split between stocks/crypto.
Well at least the nominal value of USD is worth more now than it was then, so you the FX gain has softened it a teeny tiny bit.
EDIT: I thinking you had USD denominated stocks. If it was BTC, then yeah, doesn't help. Oh well chin up as they say.
RBLX, SHOP and MTTR all down about 60-65% from ATHs
Today my portfolio is down about 6% over the last 7 days.
In 9 years time we'll have had at least one more boom/bust cycle in the markets, don't worryGod bless the indexes/ETFs. I was expected to be down murderous amounts after not checking at all since January/February, but only down 7% from my ATH. Which means I'm still up something like 53% over my investment lifetime.
Will need some of the money in potentially 9 or so years so here's hoping to a recession that doesn't stretch the decade.
hahaha oh yes, I rebought every single low point of course. Not at all on upticks during that...mines probably the same or worse but i did bounce back from invasion levels pretty quick last time ,as this is the stock market thread i should have magically sold just before the crash and reported this afterwards ,or with trading superpowers bought right on the bottom and again informed the masses after the event![]()
You really need to stop messing about before you lose everything. Most folk here are Gucci belt wearing, 30 year old high revenue earners, not people tipping retirement and playing with their "life savings". Your £50k should be in a bond and forgotten about, not day traded/week-by-week checked.I am rubbish at individual stock selection,if I ever tip a share ,short the hell out of it ,things a little better today but Us CPI and fed updates this week ,...........
You can't really go wrong with this strategy. End of each month I punt some cash into my SIPP and S&S ISA. Then just wait until the inevitable bad news red day, make the buys, job done.hahaha oh yes, I rebought every single low point of course. Not at all on upticks during that...
This is why I don't try and chase it. If I try, I'll fail to buy at the right time. I just know if I keep buying and lower my entry price average, it will all work out long term![]()