Thoughts on the stock market at present?... In recovery?

kostigovs

phil_b

Never mind buying some blue chip shares. Stick your dosh into buying some original Beatles memorabilia/autographs etc. Certain to rise in value

MoneyTown

phil_b wrote: »

Hi Mike (and all others),



I'm kinda annoyed at myself for that which is driving me on to wanting to get in on profit even more, which I fear could lead me to making a mistake...

Yes, it's easy to procrastinate and miss out isn't it!

If I think there is a good chance of a rise I will try to put part of my money in immediately and then add more later following it either up or down.

MoneyTown

StevieJ wrote: »

The Russian market is great fun, I was down 18% last week, now the fund is up. I am glad I invested when the market was 700 not 2200.

I started investing when it was 1700 and have followed it down. I'm overall 25% down on it so far but I believe there's alot more potential from here. Just need to find some more cash .......... lol

StevieJ

pumpndump wrote: »

I have just put a load of money on Wall Street, which I will immediately take off again after the election. As they say, no one ever went broke by taking a profit. What happens then is not so certain. I used to be a swashbuckler at equities till about 30 years ago, when the firm I worked for transferred me to bonds. After the usual kicking and screaming, I got to like bonds so much that I prefer them to equities. They say they are boring. I think subtle is a better desciption. I made a killing on US Bonds during the recent Wall Street meltdown, when so many billions of dollars moved out of stock, as the Americans call equities, and drove the yield of some US bonds negative. I quickly sold. For that reason, I keep a lot of money in government bonds in anticipation of another crash. I do have some blue chips on the LSE, but they are long term stuff.

My advice would be to buy only blue chips: they are dirt cheap at the moment. (As David Dickinson says of antiques: buy quality; it will never let you down.) Or buy bonds: while equities are on a roller coaster ride, these things will be spewing out money. Also, if you hold corporate bonds in, say, RBS, you will get your 6 monthly payment BEFORE any shareholder gets paid. In fact you will get your payment even if the shareholders don't get paid.

I bought a bond fund a couple of months ago, I thought they looked good value and not as risky as equity - Result down 20%

wagdog

Beware of jumping in too early. Attempting to time short-lived rallies can be very hazardous to a novice investor if the market is in a secular bear trend.

phil_b_2

wagdog wrote: »

Beware of jumping in too early. Attempting to time short-lived rallies can be very hazardous to a novice investor if the market is in a secular bear trend.

That is the concern and why I've been holding off.

going on recent trends this upward movement is well due a slump now. That and the fact we are in the biggest financial crises is certainly holding back my optimism!

purch

My view is that the market is undervalued, that it is priced to deliver attractive long-term returns, and that there is an increasing likelihood of a major bear market advance – but I don't believe that any of this puts a “floor” below the market in the very short term, and I don't believe markets are apt to bottom while everyone is still looking for a bottom.

I agree 100% with that piece by John Hussman.

Equity markets look to have settled down currently, and we could see a significant rally, but it is still a Bear Rally and the bottom may not have been found yet.

thrupence

StevieJ wrote: »

The Russian market is great fun, I was down 18% last week, now the fund is up. I am glad I invested when the market was 700 not 2200.

Are you invested in the Neptune fund or a tracker?

Reaper

One thing that strikes me odd is the way people say the yields are high - but they are using the dividends based on the last 12 months.

I'm sure banks aren't going to be paying those levels of dividends again for a long time, if ever. Likewise all the high street blue chip stocks will be reducing their dividends once the reality of the depression starts to bite.

So in my opinion many of those articles going on about cheap stocks are not very realistic unless you are buying for the long term.

StevieJ

thrupence wrote: »

Are you invested in the Neptune fund or a tracker?

Neptune, just a couple of weeks.