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Is it time to bail out?

24

Comments

  • gfplux
    gfplux Posts: 4,985 Forumite
    Part of the Furniture 1,000 Posts Photogenic Hung up my suit!
    alm71 wrote: »
    I'm really scared now. I wish I'd bailed out 3 weeks ago when I was tempted to do it!! Hindsight is a fantastic thing. How much worse is this going to get?
    Perhaps Dunstonh and tirednewdad can tell us what they think now.
    There will be no Brexit dividend for Britain.
  • mekky
    mekky Posts: 60 Forumite
    I am concerned too. I have almost 20k in a collective investment fund with halifax & I too was thinking of pulling out in mid september when we had a one day 9% increase in the ftse. Mow I am unsure what to do for the best.help :(
  • mekky
    mekky Posts: 60 Forumite
    anyone got any advice for meeeeeee?
  • mekky
    mekky Posts: 60 Forumite
    bump, bump,
  • mekky
    mekky Posts: 60 Forumite
    bump, bump, bump
  • Day_Trader
    Day_Trader Posts: 52 Forumite
    Well withdrawing now would crystallise your loss so you're best off riding it out. How long are you planning on leaving it invested?
    I work for an IFA and can provide guidance on pensions, savings, protection and investments. What guidance I do provide should not be taken as advice. If you are in any doubt I suggest you speak to your financial advisor or, if tax related, a qualified accountant.
  • mekky
    mekky Posts: 60 Forumite
    I'm not really sure. I mean, how f***ing bad in this sh*t gonna get!Do you think I should panic or chill out???
  • mekky
    mekky Posts: 60 Forumite
    also, should I continue to invest monthly as usual or should I put a halt to future investments now?????
  • Day_Trader
    Day_Trader Posts: 52 Forumite
    Chill out! It's impossible to call the market no-one really knows. Best advice is to stop watching your investment on a day to day basis. Check it once a year maximum and see how it performs. Change it on that basis, not because Robert Peston says we're heading back to a basic trade economy.
    I work for an IFA and can provide guidance on pensions, savings, protection and investments. What guidance I do provide should not be taken as advice. If you are in any doubt I suggest you speak to your financial advisor or, if tax related, a qualified accountant.
  • mekky
    mekky Posts: 60 Forumite
    should I still continue to invest though??????
This discussion has been closed.
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