The FTSE

  • Thread starter Thread starter worsleyweb
  • Start date Start date
flook said:
last 2 weeks I'm up 2.7%, today I'm down 1.8%, overall up 5.3% in 13 weeks. I'm still happy
Click to expand...
Thats how it is, in the last 5yrs the Nasdaq 100 has grown by 134.7%, but along the way there have been sell offs and recovery. Just the natural cycle of the stock market that works as much on sentiment as anything tangible.
 
Is the FTSE and others around the world crashing at the moment?

My stocks and shares isa has plummeted in the past couple of weeks
 
Lost another grand and half today from my pension as I bailed out of the 3 funds I was in previously.

You absolute **** Trump!
 
One Fan Clapping said:
It’s anything but a crash.

Futures are up. Don’t worry about daily fluctuations.
Click to expand...

Most pension funds have gone down.

It's a crash!

But not for Trump, a bitcoin millionaire, and his billionaire mates in America.

United States President Donald Trump on Sunday announced his government would create a national strategic crypto reserve that would include five cryptocurrencies, adding he would make the US “the crypto capital of the world”.

Following his Sunday announcement, values of the named currencies, including Bitcoin, soared, following what has been a weeks-long slump.
 
Last edited:
It’s a big correction but it’s not a crash. A lot of this is also caused by Nvidia being overvalued and the resulting market correction.

Regardless I take a decadal view on stock investments, and take the approach Warren Buffet said which is basically stick some money in the S&P500 and forget about it for 30 years.

I’m more interested in the political fall out. Markets kill governments, as well we know in this country.

If the markets turn against Trump, which it’s looking like they could be - the WSJ is not on his side either now - he’s fucked. Lame duck president who could get battered in the midterms.
 
jrb said:
Lost another grand and half today from my pension as I bailed out of the 3 funds I was in previously.

You absolute **** Trump!
Click to expand...

Why the fuck are you selling off pension funds when the market takes a downturn? That is terrible financial management.

Over a period of time they will always go up. Certainly of the timescale you’re talking about with a pension - hardly day trading is it.

Opportunity to invest more at a cheap price.

This “crash” (it’s not a crash) will be a minor blip in a year’s time.

For context on a 10 year scale:

74db3794453cab7bbf7d73ce5d94fe21.png
 
Since Trump started his trade wars in the last month or so, my North America FP which had been doing brilliantly for months has crashed. I eventually came out if it.

IMG_1136.jpeg
 
Last edited:
Johnny Mars Bar said:
Why the fuck are you selling off pension funds when the market takes a downturn? That is terrible financial management.

Over a period of time they will always go up. Certainly of the timescale you’re talking about with a pension - hardly day trading is it.

Opportunity to invest more at a cheap price.

This “crash” (it’s not a crash) will be a minor blip in a year’s time.

For context on a 10 year scale:

74db3794453cab7bbf7d73ce5d94fe21.png
Click to expand...

I've moved to other pension funds.

The 3 funds I was in have all crashed. I've lost £10k from my pension fund in a couple of weeks. I stayed in hoping for an upturn. A bounce back. It never happened.

I'm now in 3 different funds that are still performing well.

If those 3 funds I was previously in start going up again, I will go back in.

It only takes 2 days to switch my pension funds.

I'm now checking my pension funds every day.
 
jrb said:
I've moved to other pension funds.

The 3 funds I was in have all crashed. I've lost £10k from my pension fund in a couple of weeks. I stayed in hoping for an upturn. A bounce back. It never happened.

I'm now in 3 different funds that are still performing well.

If those 3 funds I was previously in start going up again, I will go back in.

It only takes 2 days to switch my pension funds.
Click to expand...

I take it you’re close to retirement age?

If not then there’s no point in worrying over short term market fluctuations. Just whack the money in a tracker fund and forget it for a few decades.

If you are close to retirement then maybe should’ve stuck it in something with more short term stability sooner (but less potential for short term growth too of course).
 
Johnny Mars Bar said:
I take it you’re close to retirement age?

If not then there’s no point in worrying over short term market fluctuations. Just whack the money in a tracker fund and forget it for a few decades.

If you are close to retirement then maybe should’ve stuck it in something with more short term stability sooner (but less potential for short term growth too of course).
Click to expand...

Yes.

The 3 funds were high risk funds, 7 and 6. I played the game. They were all doing well. I had a really good run in all 3 funds. I should have come out of the funds when they started dropping. I didn't. I stayed in hoping for the bounce back. I spent all day on Sunday going through 67 different funds one by one, most were going down. I picked 3 funds that were still going up. I just want some stability atm. I'm still up overall. But taking a £10K hit has been painful. A lesson learnt.
 
Johnny Mars Bar said:
I take it you’re close to retirement age?

If not then there’s no point in worrying over short term market fluctuations. Just whack the money in a tracker fund and forget it for a few decades.

If you are close to retirement then maybe should’ve stuck it in something with more short term stability sooner (but less potential for short term growth too of course).
Click to expand...

One of the funds I moved into.

Yes, that also went down, but it's at least going up atm.

IMG_1138.jpeg
 
Johnny.

Another graph showing how well the 'North America America' FP fund was doing until Donald started declaring trade wars, etc.

IMG_1140.jpeg
 
jrb said:
I've moved to other pension funds.

The 3 funds I was in have all crashed. I've lost £10k from my pension fund in a couple of weeks. I stayed in hoping for an upturn. A bounce back. It never happened.

I'm now in 3 different funds that are still performing well.

If those 3 funds I was previously in start going up again, I will go back in.

It only takes 2 days to switch my pension funds.

I'm now checking my pension funds every day.
Click to expand...
You’re not a day trader. These are pension funds. As you say, it takes two days to change, all you’re going to do is lose out. You should be thinking 5-10 years rather than trying to time the market.
 
This article is one of hundreds out there but it’s entirely correct.

www.hartfordfunds.com

Timing the Market Is Impossible

In times of volatility, timing the market may seem tempting. But doing so could cost you.
www.hartfordfunds.com www.hartfordfunds.com

A historical perspective of the market shows us a pattern of bull and bear markets that may be tempting to investors. Why not try to time the market and avoid those short-lived bear markets? Wouldn’t that be more lucrative? Unfortunately, it’s impossible and could be a costly mistake.

Avoiding the market’s downs may mean missing out on the ups as well. Seventy-eight percent of the stock market’s best days have occurred during a bear market or during the first two months of a bull market. If you missed the market’s 10 best days over the past 30 years, your returns would have been cut in half. And missing the best 30 days would have reduced your returns by an astonishing 83%.

IMG_0864.jpeg
IMG_0863.jpeg
IMG_0862.jpeg
 
You must log in or register to reply here.
Unread Posts

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top