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MSE News: Shares decimated amid world economic turmoil
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For some context take a look at the one day variation numbers for my S&S ISA over the last few years. Some quite big drops over the last few days but nothing that hasn't been seen before. Not necessarily comfortable times, but good to know that they aren't unprecedented.At one point I was up 8% now I am getting close to 2% since I changed to an Aegon Group Pension Plan.0 -
No drop is comfortable but remember that if your portfolio is balanced then you shouldnt be seeing the headline drops that are being reported as not everything is going down like that. Only high risk investors will be seeing big drops currently and if they are investing at the higher risk end then they know these things can happen and if they don't then what are they doing investing at that end of the scale.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Shareholders gained when prices were up and they didn't complain then! Do they not know that share prices can go UP or DOWN?0
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No drop is comfortable but remember that if your portfolio is balanced then you shouldnt be seeing the headline drops that are being reported
Yup. My portfolio is weathering it rather well. My UK FTSE income shares are taking a mild battering, but as I was musing on this, I spotted a rather tasty dividend payment from Vodafone hit today.
I've just been running my dividend yield analysis spreadsheet over my watch list, and also looking for top-up opportunities on existing shares. There are loads of well-covered returns between 4% and 6%, and a few even higher.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I am in predominantly AIM oillies / mining stock, I have seen on average a 25% drop in my portfolio over 2 days.
I understand the risks and this is not bothering me, of course I don't want to see a loss, but when these shares are to pay off my mortgage in 10+ years it isn't too much of a concern.
I have actually been able to average down on a few of my holding, so every cloud as they say..0 -
Jegersmart wrote: »I make that around 12% drop in a week......where do you get your information?? :O
Does this mean that shares have been dodecimated then? Sounds a bit fluffier put like that!
[edit]Credit-Crunched wrote: »...so every cloud as they say..
Every silver lining has a cloud?Living for tomorrow might mean that you survive the day after.
It is always different this time. The only thing that is the same is the outcome.
Portfolios are like personalities - one that is balanced is usually preferable.
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Ark_Welder wrote: »Every silver lining has a cloud?
Yes, and as Lloyds shareholders say, "In for a pound, out for a penny." :-)I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0 -
I was talking about the figures quoted in the article. The highest percentage drop for an index in the article was 5%.Jegersmart wrote: »hmmmm......
The high for the FTSE this week was around 5913 and the low 5199 (out of hours futures) - I make that around 12% drop in a week......where do you get your information?? :O0 -
I love shopping in the sale
Faith, hope, charity, these three; but the greatest of these is charity.0 -
I love shopping in the sale
Well, quite, and the big fat Vodafone dividend that dropped in today reminded me of why yields are important.I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.
Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.0
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