Gareth Barry Conlon
Well-Known Member
- Joined
- 5 Sep 2014
- Messages
- 16,186
True. But I did manage to liquidate circa £70k of my portfolio about a week ago. And on too of that I have £60k in a money market fund. So im looking at how and when I buy back in.I think it is best to stop looking. It's so volatile at the moment and if you're not already in drawdown from your portfolio then better to not worry about something you have no control of. Selling down now realises the 10% drop, whereas holding firm means you've lost nothing.
My base plan is the wait for the next round of inflation data and interest rate decisions. Assuming the Iran war goes as predicted I.e. it rumbles on then there is more bad news to come. But at the same time as soon as a few ships get passed the straights markets will probably jump back. So my plan is subject to change.