Red Across the Board

Kendall80

With increasing volatility and another 'red across the board' day for me I thought I'd resurrect this thread from last month.


I sense another buying opportunity

gadgetmind

I've done a mild rebalance into my largest two trackers (FTSE and World ex UK) and also put some cash into Blackrock World Mining. The latter still have to redeem themselves for recent sins, but that discount and yield is just too shiny!

JohnRo

I've set out a purchase plan for my income portfolio and all these dips are vanishing right about the time purchases are due then returning very soon after. It's quite uncanny.

Maybe I ought to rethink my views on market timing after all...

Kendall80

gadgetmind wrote: »

I've done a mild rebalance into my largest two trackers (FTSE and World ex UK) and also put some cash into Blackrock World Mining. The latter still have to redeem themselves for recent sins, but that discount and yield is just too shiny!

I've avoided the temptation to increase my resources holdings this time (oil is slowly killing me!). I've instead opted for those safer bets of Woodford and FS Asia Pac. along with my global Baillie Gifford fund. If I see red tomorrow i'll top up again.

Kendall80

JohnRo wrote: »

I've set out a purchase plan for my income portfolio and all these dips are vanishing right about the time purchases are due then returning very soon after. It's quite uncanny.

Maybe I ought to rethink my views on market timing after all...

I personally think this increase in volatility does benefit those who engage in market timing. It is however quite difficult with funds.


I do have a list here and a positive test trustnet portfolio for 12 shares to buy but im not so bold when it comes to shares and 'real' money - That £1000 I had down for Quindell would've turned into £4000 within a few weeks - guess im overly cautious.

JohnRo

I almost bought QPP at 40p as well... and dithered.

TCA

gadgetmind wrote: »

I've done a mild rebalance into my largest two trackers (FTSE and World ex UK) and also put some cash into Blackrock World Mining. The latter still have to redeem themselves for recent sins, but that discount and yield is just too shiny!

I'm resisting commodities having probably stuck more into BlackRock World Mining than I should have (before it fell to bits). But I keep looking at BlackRock Commodities Income and eyeing it as a double play on energy and commodities. It lost about 7% yesterday so became interesting again.

I'm thinking I should buy some European stuff as I reckon it could get a boost if Draghi signals some QE.

And some long-time lurkers on my watchlist are looking good pricewise. Lowland Investment Trust being one. With 10% holdings in oil & gas and a bit of Rio Tinto, it might dissuade me from a bigger purchase in those sectors.

doe808

Added Glaxo. and National Grid to my 5+ year plus dividend portfolio.

Thrugelmir

Currently down 35% on Standard Chartered. :eek:

Fortunately offset by better performances from Paragon and Secure Trust. :j

Thrugelmir

JohnRo wrote: »

I've set out a purchase plan for my income portfolio and all these dips are vanishing right about the time purchases are due then returning very soon after. It's quite uncanny.

Maybe I ought to rethink my views on market timing after all...

I'm identifying certain stocks to buy. Then drip feeding over a period of time. As price movements are becoming increasingly sharp and sudden.