The FTSE

[west didsblue]

I was saying this last July, the low risk investments with ISA, AVCs etc dropped a lot more than the higher risk one, due to the former having much more bonds.

The Guardian article is acting like it is a warning, but the horse has well and truly bolted.

Savings account/money in shares. What’s the best option?

Depends what you plan to do with it? I’d more like inclined to look at a gold ETF. I don’t know if you’re familiar with ETF’s - If not, it’s an Exchange Traded Fund, so is basically like buying gold on the stock market as you would when you purchase shares. I imagine an ETF to be more convenient...

forums.bluemoon-mcfc.co.uk

I think we have Truss and Kwarteng to thank for the nominally lower risk investments taking a bigger twatting than equity focused investments by crashing the bond market. I was told that as a result of this there’s currently an opportunity to buy some short term gilts that mature in the next year or two that will provide a guaranteed 8% pa yield roughly. Not sure it’s completely accurate but I’m looking into it.

 

[west didsblue]

Year’s gains pretty much wiped out over the last week.

 

[Summerbuzz]

Niggles me this is being touted as a reaction to SB bank when FTSE has dropped over twice as much as the Dow (week & month).

 

[SkyBlueFlux]

Year’s gains pretty much wiped out over the last week.

Yep... my investments have been like Sisyphus this past year. Four times now my portfolio has spent 1-3 months roughly recovering back to where it was in March-April 22 through marginal gains just for it to plummet again.

 

[Cityfan]

Niggles me this is being touted as a reaction to SB bank when FTSE has dropped over twice as much as the Dow (week & month).

I don't know the answer but what percentage of the Dow is banking and what percentage of the FTSE?

 

[journolud]

Yep... my investments have been like Sisyphus this past year. Four times now my portfolio has spent 1-3 months roughly recovering back to where it was in March-April 22 through marginal gains just for it to plummet again.

I wish I’d sold everything and stored it as cash when they hit their peak pre pandemic. Sadly I don’t have that prescience and there is nothing for it but to sit it out and hope I don’t need any of it.

 

[Gareth Barry Conlon]

Big sell off of German Bank Deutsche under way.

Shares peaked at 12.2 euros in Jan and as low as 8.2 today. Big wobble.

 

[117 M34]

I wish I’d sold everything and stored it as cash when they hit their peak pre pandemic. Sadly I don’t have that prescience and there is nothing for it but to sit it out and hope I don’t need any of it.

Same. I put my cash into a nutmeg account in March 2021 so I didn't lose 'spending power' of the money and have lost a lot.
Hoping it recovers in 18 months so I break even and then I can just take it all out to buy my car.

 

[PPT]

I wish I’d sold everything and stored it as cash when they hit their peak pre pandemic. Sadly I don’t have that prescience and there is nothing for it but to sit it out and hope I don’t need any of it.

My pension calculations are based on a 5% annual return. However, that is with all of the risk & volatility and the endless fees that are charged. You can get a guaranteed 4% return in a 12 month bond nowadays and maybe more with the latest interest rate rise. Thinking of switching it all out and have no risk, no fees and no stress at the 4% mark.

 

[ganganvince]

Bombing at the moment