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Equities taking a hit right now. Anyone know why?

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BrockStoker
BrockStoker Posts: 917 Forumite
Seventh Anniversary 500 Posts Name Dropper Combo Breaker
in Savings & investments
Everything seems to be down over the last few days. FTSE 100 has taken a bit of a nose dive. Anyone know what has prompted this?
«134

Comments

  • dunstonh
    dunstonh Posts: 119,754 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    FTSE 100 has taken a bit of a nose dive.

    That isn't a nose dive. Just typical movement in a more volatile period. A drop has to be a lot more than that to be a nose dive.

    FTSE100 is up 1.16% at the time posting.
    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.
  • InvestInPoker
    InvestInPoker Posts: 1,356 Forumite
    Yeah it is hardly anything at all really, plus you should be taking a long term view with your equity investments. If a tiny blip one day prompts you to worry then you should maybe rethink your portfolio.
  • BrockStoker
    BrockStoker Posts: 917 Forumite
    Seventh Anniversary 500 Posts Name Dropper Combo Breaker
    edited 12 March 2015 at 3:42PM
    I'm not worried - just curious why, if anyone knows?

    In fact, if anything I'm looking at this as an opportunity to top up if "the blip" continues!
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    It's nothing to what might happen if the Fed starts to increase interest rates on US dollars. Maybe people are allowing for that in advance. Maybe people want to sell before the election: the two Eds are not likely to friendly to savers and investors, and there might also be fears of no decisive outcome.

    But, broadly, nobody knows or can know. Fluctuations happen as a consequence of decisions by hundreds of thousands of people, maybe millions or tens of millions.
    Free the dunston one next time too.
  • A_Flock_Of_Sheep
    A_Flock_Of_Sheep Posts: 5,332 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker PPI Party Pooper
    Don't worry. It's only the start of the big crash.
  • Ryan_Futuristics
    Ryan_Futuristics Posts: 795 Forumite
    Wait ... WAIT ...

















    Okay, wait ...














    Wait ...













    Wa ... no not now












    Wait ... Wait
















    Wait there ...

















    Okay, SELL SELL SELL!!!
  • ratechaser
    ratechaser Posts: 1,674 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Ryan_Futuristics wrote: »
    Wait ... WAIT ...

















    Okay, wait ...














    Wait ...













    Wa ... no not now












    Wait ... Wait
















    Wait there ...

















    Okay, SELL SELL SELL!!!

    You got some inside info on FCOJ perhance? Winthorpe? :D
  • Chickereeeee
    Chickereeeee Posts: 1,286 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Ryan_Futuristics wrote: »
    Wait ... WAIT ...

















    Okay, wait ...














    Wait ...













    Wa ... no not now












    Wait ... Wait



    SELL!
    Ryan_Futuristics wrote: »












    Wait there ...















    Okay, SELL SELL SELL!!!

    BUY!

    Thanks.
  • talexuser
    talexuser Posts: 3,533 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    If you call the last few days a 'nose dive' 'hit' sufficient to start a thread about it here, then I wouldn't want to think what you'll be doing when the next major correction inevitably arrives and perhaps a third or half your capital disappears overnight. ;)
  • TrustyOven
    TrustyOven Posts: 746 Forumite
    Seventh Anniversary 500 Posts Combo Breaker
    Just seen this in my RSS reader too...

    http://quietlysaving.blogspot.co.uk/2015/03/share-crisis-ahead.html
    Goals
    Save £12k in 2017 #016 (£4212.06 / £10k) (42.12%)
    Save £12k in 2016 #041 (£4558.28 / £6k) (75.97%)
    Save £12k in 2014 #192 (£4115.62 / £5k) (82.3%)
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