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Anyone thinking of pulling out of the market due the Ukraine situation?
BeatTheSystem
Posts: 156 Forumite
Quite worried, I am full invested and see a big drop around the corner. Anyone else fear this?
This is like 1938 all over again.
This is like 1938 all over again.
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i usually wait til the bullets fly then buy.
Seriously though, the best part he wanted (crimea and the seaports) he already has.
If you wanted you could take some profits, then keep those banked waiting for your next buying opportunity.0 -
I agree with atush and believe he has now got what he wanted. I actually bought into russia (dbx tracker russia) two days before the crimean vote as saw it as a done deal and thought the market in particular had priced in too much in the way of sanctions.
I too am fully invested but my concern is not so much a drop (as one will come at some point but no-one knows when) but not having a sufficient amount in cash to make the most of any drop.0 -
BeatTheSystem wrote: »Quite worried, I am full invested and see a big drop around the corner. Anyone else fear this?
This is like 1938 all over again.
If you are quite worried and considering pulling out due to this crisis then you are invested beyond your risk profile tolerance.0 -
I am more worried about a possible win by Milliband and co ,than Putins tanks arriving in Berlin.0
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BeatTheSystem wrote: »Quite worried, I am full invested and see a big drop around the corner. Anyone else fear this?
This is like 1938 all over again.
Drops and rises are all part of being invested. As Flock of Sheep says if you aren't comfortable with that then you need to review your investments and if they are suitable.
Taking money out and then putting back in is called timing the market and there are very few if any people who can do it successfully long term.
I very much doubt there will be any serious drop like 2008/9. If there is then that would be a huge buying opportunity not a selling one.Remember the saying: if it looks too good to be true it almost certainly is.0 -
Thanks all, just getting an opinion. It seems that it is business as usual for most.
As for risk profile, my risk profile was obtained from a detailed IFA questionnaire so if its wrong it because of that...LOL.
I am not bothered about the normal ups and downs, this situation struck me as potentially very serious, seems it only me that thinks this which is good and I have spent too much time reading history books recently. I suppose it doesn't matter where you are invested if there is a nuclear exchange. The yanks don't give a #uck about Europe and Putin is a meglomanic that make Hitler look like an affable uncle.
I am tantilisingly close to getting out of the rat race and need a couple of good years, which although I expect an increasingly bumpy ride given that we are supposedly coming out of a downturn overall returns should be positive. However my plan did not include or #wats like Putin throwing a spanner in the works.
Good investing all.0 -
BeatTheSystem wrote: »Putin is a meglomanic that make Hitler look like an affable uncle.
I'll just leave this one hanging there like a bad smell.We’ve had to remove your signature. Please check the Forum Rules if you’re unsure why it’s been removed and, if still unsure, email forumteam@moneysavingexpert.com0 -
Time in the market and all that.
/thread0 -
DaveTheMus wrote: »I'll just leave this one hanging there like a bad smell.
Please look up the meaning of hyperbole.0 -
I really don't see it as any different from North Korea testing nuclear weapons, Iraq invasion, 9/11 or the Asian debt crisis.
All provoked stock market reactions that recovered. I think it is probably less serious than any of those but time will tell.Remember the saying: if it looks too good to be true it almost certainly is.0
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