The FTSE

  • Thread starter Thread starter worsleyweb
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Kompany Car said:
View attachment 149451

For reference, the shitly drawn circle furthest left is when everyone's head fell off and the 2008 financial crisis happened, the next circle is Covid, the third is the Russian invasion of Ukraine. With each of these events in less than 3yrs the Dow was back up to levels above their peak from before crises and a year after that were up substantially.
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This is what I'm relying on tbh, however with Covid it was a good bet it was short term, even the war had financial upside with the military sector doing well, but with Shitgibbon it's difficult to see a quick resolution, this dickhead could well spark a world wide recession with his tomfuckery
 
decmancity said:
I don't see how that is possible unless they were up to their eyeballs in stupid choices to begin with.
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That's what he told me. I have no reason to disbelive him. I'm about £15K down, so his figure corresponds to my figure, as he was making 3 times as much as me when the pension funds were going up, as he has a much bigger pension fund than I have, and we were in the same pension funds together. I bailed out of those funds. He stayed in those funds trying to ride it out. And still is. Weeks, as in since the honeymoon period of Trump winning the US election and starting the trade wars. I've lost another £500 in the last 24 hours. I'm not crying or worried, I'm just discussing it. Eventually the stocks, shares, and funds will go back up again. Until then, like everyone else, my pension is getting hammered.
 
jrb said:
That's what he told me. I have no reason to disbelive him. I'm about £15K down, so his figure corresponds to my figure, as he was making 3 times as much as me when the pension funds were going up, as he has a much bigger pension fund than I have, and we were in the same pension funds together. I bailed out of those funds. He stayed in those funds trying to ride it out. And still is. Weeks, as in since the honeymoon period of Trump winning the US election and starting the trade wars. I've lost another £500 in the last 24 hours. I'm not crying or worried, I'm just discussing it. Eventually the stocks, shares, and funds will go back up again. Until then, like everyone else, my pension is getting hammered.
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The actual cash figure is irrelevant, it is the % that is key. It is this that determines if you're adequately diversified or taking too much risk depending on your age. I'm about 3% down from where it was 6 weeks ago so fairly relaxed that my IFA has a good balance. That together with us de-risking a bit last year when Israel and Iran were kicking off means my income is coming out of the cash fund rather than selling down other funds-although I would quite like to dump Tesla completely, but that's hard to do as most US/tech funds have them in there.
 
hampshireblue said:
The actual cash figure is irrelevant, it is the % that is key. It is this that determines if you're adequately diversified or taking too much risk depending on your age. I'm about 3% down from where it was 6 weeks ago so fairly relaxed that my IFA has a good balance. That together with us de-risking a bit last year when Israel and Iran were kicking off means my income is coming out of the cash fund rather than selling down other funds-although I would quite like to dump Tesla completely, but that's hard to do as most US/tech funds have them in there.
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Imo even % is fairly irrelevant because some investors (like me) are happier with higher risk, which for me means that I have a split of around 30% of tech heavy stocks in my portfolio and have enjoyed amazing growth the last several years but unfortunately I’ve experienced around a -10% correction due to recent stock market movements…..

I think in your example, portfolio theory talks a lot about minimising risk and maximising return but assumes a cautious, risk averse approach to building your portfolio….obviously benefits to having a good balance, but for me, I like a bit more risk in the portfolio than your average investor….but I accept the drawbacks as well as the benefits.
 
jrb said:
There might be a bit of a bounce back on this news?

www.bbc.co.uk

Putin 'makes first visit to Kursk since Ukraine incursion' ahead of US-Russia talks

Kyiv has called on Moscow to respond to the proposed ceasefire - the Kremlin says it is waiting to be briefed by the US.
www.bbc.co.uk www.bbc.co.uk
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The problem with any bounce back is that Trump has backed himself into a corner on tarifs. Its the trade war doing the damage not anything in Ukraine.

His big mouth has promised the maga base: Greenland, Canada and the Panama canal. And that all Americans will be rich of tariffs. If it turns out he can't do any of these things where does it leave him? He's got 18months until the mid terms are in full swing.
 
DenisLawBackHeel74 said:
Imo even % is fairly irrelevant because some investors (like me) are happier with higher risk, which for me means that I have a split of around 30% of tech heavy stocks in my portfolio and have enjoyed amazing growth the last several years but unfortunately I’ve experienced around a -10% correction due to recent stock market movements…..

I think in your example, portfolio theory talks a lot about minimising risk and maximising return but assumes a cautious, risk averse approach to building your portfolio….obviously benefits to having a good balance, but for me, I like a bit more risk in the portfolio than your average investor….but I accept the drawbacks as well as the benefits.
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the ability to look at it like that is probably unusual but very cogent. Ultimately attitude to risk is key, as is where one is in terms of reliance on the pension for an income.
 
hampshireblue said:
the ability to look at it like that is probably unusual but very cogent. Ultimately attitude to risk is key, as is where one is in terms of reliance on the pension for an income.
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It makes a big difference if you are already drawing income from it, with no money from other sources. Im sure some will be planning to use their pension to pay off their mortgage and may have no other source of income. In that case it changes your attitude to investment risk substantially.

Im lucky in that I still have decent DB pensions as a backstop and still have plenty of time to pay into my DC pension as Im 52. But if I was solely reliant on a DC pension and had stated drawing on it, I would probably look to buy an annuity to cover basic living expenses for say 7-10 yrs, taking into account when the state pension kicks in, with part of of the fund just to remove some of the risk and leave the balance invested.
 
Kompany Car said:
It makes a big difference if you are already drawing income from it, with no money from other sources. Im sure some will be planning to use their pension to pay off their mortgage and may have no other source of income. In that case it changes your attitude to investment risk substantially.

Im lucky in that I still have decent DB pensions as a backstop and still have plenty of time to pay into my DC pension as Im 52. But if I was solely reliant on a DC pension and had stated drawing on it, I would probably look to buy an annuity to cover basic living expenses for say 7-10 yrs, taking into account when the state pension kicks in, with part of of the fund just to remove some of the risk and leave the balance invested.
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I always got the impression you are older than that!!lol
 
jrb said:
That's what he told me. I have no reason to disbelive him. I'm about £15K down, so his figure corresponds to my figure, as he was making 3 times as much as me when the pension funds were going up, as he has a much bigger pension fund than I have, and we were in the same pension funds together. I bailed out of those funds. He stayed in those funds trying to ride it out. And still is. Weeks, as in since the honeymoon period of Trump winning the US election and starting the trade wars. I've lost another £500 in the last 24 hours. I'm not crying or worried, I'm just discussing it. Eventually the stocks, shares, and funds will go back up again. Until then, like everyone else, my pension is getting hammered.
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I see you really took on board the advice to not check your values every day.
 
jrb said:
I know somebody who is £45K down on their pension.

Just for a moment forget about making that back in the future.

£45K down in matter of weeks because of the perma-tan loon and his idiotic trade wars, which will only get worse.
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Same here. Surely we could all club together and take out a contract to end him ;-)
 
Stockton Heath Blue said:
Same here. Surely we could all club together and take out a contract to end him ;-)
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It's more now. :-(

I'm loosing a couple of hundred a day. I can live with that. I'm just glad I changed pension funds. I should have done it sooner, but hindsight is a wonderful thing.
 
Us index still higher than it was last year
More risk higher reward but dips happen
 
jrb said:
I know somebody who is £45K down on their pension.

Just for a moment forget about making that back in the future.

£45K down in matter of weeks because of the perma-tan loon and his idiotic trade wars, which will only get worse.
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I’m down that and a bit more.

Not concerned though. It’s gone down before and will come back again.

I really think Trump is driving the markets down so he can invest low. Don’t trust him at all!

Please don’t make rash decisions and don’t look every day. It’ll eat you up!
 
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