You need to stop "playing" with your funds....
Invest it, leave it, stop looking at it.
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
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You need to stop "playing" with your funds....
Invest it, leave it, stop looking at it.
Soldato
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I've been using a number of alternative investment companies for wine, watch, fractional property investments and art. Good balance and tangible assets.If I was sitting on 50k cash right now, I'd just be doing that with a few k each month. Every red day is just another opportunity to buy in lower if you're cost averaging in. There is a floor to these corrections....I don't think we're that far off it now. I am not a financial adviser and all that
Haven't tweeked it for a while although my dividends ended up raising my UK exposure ,the FTSE is generous that way
Just stick it in a low cost fund and forget about it for the next decade.
Soldato
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The fund will buy into the lows if its accumulative not income, nothing wrong with FTSE in that respect. I decided to go with a Vanguard fund that selects higher div types
If NFLX keeps on like that it would seem an overreaction. Clipping off Russian users from their figures forced a loss in users? that would not have occurred otherwise is something I heard briefly
If 2017 highs dont register ($180) see if 2015 & 2016 raise volume ($120)
If NFLX keeps on like that it would seem an overreaction. Clipping off Russian users from their figures forced a loss in users? that would not have occurred otherwise is something I heard briefly
If 2017 highs dont register ($180) see if 2015 & 2016 raise volume ($120)
Soldato
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Any money I make online in any way, I put into a specific BUX account and buy shares there. I bought a couple of BXMT shares today with cash that came into the account. I'll buy more when I have more coming in. It's a REIT, Blackstone Mortgage Trust that pays an 8% dividend.
Soldato
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What's the general consensus with the Vanguard managed funds, 100% LifeStrategy is unsurprisingly 10% down right now.
Continue to contribute monthly investment (DCA)?
Pause monthly investment and leave current fund stagnant for the time being?
Withdraw all funds and take the loss?
Continue to contribute monthly investment (DCA)?
Pause monthly investment and leave current fund stagnant for the time being?
Withdraw all funds and take the loss?
talking about panic-realising a 10% paper loss on a fund?What's your investment horizon? If it's more than a week, then just leave it and keep DCA.
It's what I'm in, I just keep putting money in every month.
Soldato
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What's your investment horizon? If it's more than a week, then just leave it and keep DCA.
Investment horizon is 3-5 years for this fund and it's being going for around a year.
@Uther thanks for the reply, too.
Stop checking the price then
Selling and realising that loss after the markets have been plunging for months is the worst thing you could do.
You'll lose 10% this year by holding it as cash remember.
Continue to DCA each month.
One would hope (if not expect) things to recover over your timeframe and if you're DCA'ing on the way down, you'll have bigger gains from those buys when the market does recover.
Soldato
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This.Stop checking the price then
Selling and realising that loss after the markets have been plunging for months is the worst thing you could do.
You'll lose 10% this year by holding it as cash remember.
I did a video on YT about DCA but I can't share it because it'll be classed as promotion. I used beer as analogy and ended up drinking too many of them during the filming, but still. It's valid. DCA is key.
Soldato
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It has really.global recession hasn't even begun yet
Global downturn has very much already started but its going to get a lot worse over the next year or so IMO.
People have had it so good for song long that I think a lot of people are going to struggle to adapt to their budgets being massively squeezed and a lot of people simply won't adapt or can't. Companies will do what they always do and protect profits over people so it could get real nasty. Personally I am staying out of the markets for a little while.
People have had it so good for song long that I think a lot of people are going to struggle to adapt to their budgets being massively squeezed and a lot of people simply won't adapt or can't. Companies will do what they always do and protect profits over people so it could get real nasty. Personally I am staying out of the markets for a little while.
Another here with some money in funds (not huge amounts vs others). Time to not bother checking, even though its hard not to. Plan is to keep my low £ monthly buys as suggested by others
I'm down significantly on a few tech shares I brought individually (FOMO maybe...who knows.) - Intel, Nvidia, AMD, as well as a tech fund. Those aren't huge amounts fortunately, but again no point at looking at it right now.
IAG - down hard right now (what a yoyo this has been). Lets see if we see signs of that bouncing back up after the summer schedule is sorted and see how many people can afford holidays.
I'm down significantly on a few tech shares I brought individually (FOMO maybe...who knows.) - Intel, Nvidia, AMD, as well as a tech fund. Those aren't huge amounts fortunately, but again no point at looking at it right now.
IAG - down hard right now (what a yoyo this has been). Lets see if we see signs of that bouncing back up after the summer schedule is sorted and see how many people can afford holidays.
Yup, just look at the state of the markets today, when compared to some of them mid covid. Tesla hitting $700 after a peak of $1300, Nio hitting $12 after a peak of $56. Coinbase a $320 stock and now $46. the last 2 years has been insane and this correction could be the start of a crash, we might even be in the start of one.