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Is the stock market over heating?

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  • fizio
    fizio Posts: 428 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I've been waiting since the start of the year to start a ISA HYP so i will make a start today with 50% of my isa and maybe wait a bit longer for next 50%
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I've also dripped in more of the cash that's sat in our S&S ISAs. I expect to be back at our target cash allocation by the end of the summer but don't feel any need to rush.
    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.
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Forever wrote: »
    Typical. Why can't they crash big-time briefly before they go shooting up?

    The chances of you "buying at the bottom" are so slim that you shouldn't really try.
    Oh well, at least I benefited from the lower prices for some equities in Asia yesterday. It's just a shame that it looks like I've now missed the boat for anything else ;)

    These boats tend to keep coming back. :D
    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.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If I were buying, I'd buy today. Yesterdays drop was 3% and today's rise is only a 10th of that.
  • Minrich
    Minrich Posts: 635 Forumite
    Seventh Anniversary 500 Posts Combo Breaker
    What rise !
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    there seems to be a lot of negativity about the market at the moment. i think that trying to duck out, then back in, is thankless, so best to just hold good investments and keep doing so for the long term. and potentially to buy more on dips.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Minrich wrote: »
    What rise !


    stay awake man. the market was up when i posted. I don't care what it is when you wake up lol.
  • pqrdef
    pqrdef Posts: 4,552 Forumite
    atush wrote: »
    stay awake man. the market was up when i posted.
    This is what I don't like about the LSE. No guts. No courage of its convictions. Can't even sustain a good plummet for two days in a row.

    Oh, and TBH it hasn't really got a clue what any of the shares are worth.
    "It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    I know a lot of people herald the Cheap tracker route but EDIN ticks boxes so much for me. I don't think it is guaranteed but the funds objective is: to achieve an increase of the Net Asset Value per share by more than the growth in the FTSE All-Share Index; and growth in dividends per share by more than the rate of UK inflation.

    Hence why a sale for me would be ideal - more shares = more dividend which in theory should rise over time. I have about 25k uninvested at the ready for Mr Market's sale.

    EDIN has changed since Woodford's arrival. If you look back at the historic financial reports during the 0809 crash the fund held a larger proportion of financial sector shares. These were dumped and AFAIK there are no mining sectors in it either. The latest letter said they are turning more cautious due to a prospect of forthcoming headwinds.

    EDIN is selling above its net asset value. Wheras similar trusts, with lower charges, are selling below their net asset value. I am guessing this is because of Neil Woodfords past performance. But since past performance is no guide to the future is it worth such a premium?
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    Glen_Clark wrote: »
    EDIN is selling above its net asset value. Wheras similar trusts, with lower charges, are selling below their net asset value. I am guessing this is because of Neil Woodfords past performance. But since past performance is no guide to the future is it worth such a premium?

    Care to share the better value alternatives?

    I have happily held IPHI for some time and been happy with them. i was surprised to see that EDIN It although now having similar top ten holdings seems to have achieved 50%/20% better performance over 5/3 years respectively. Down to the leverage, risk and lower charges?

    How much greater is the risk in reality?
    "If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....

    "big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham
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