Equities taking a hit right now. Anyone know why?

TrustyOven

Also should say that yesterday my prices were - 1% to -1.5%, today's prices +0.56 to +1.6% on the different funds.

Is this volatility? This might be only the second time this happened since I started investing.

I wasn't intending to [market time], but stuck in a little bit in one of the funds the other day (which ended up being priced at yesterday's price) when the price was low. Now that fund's gone +1.42% since that purchase. Bad TrustyOven! No market timing for you sonny! Steady as she goes is the way to do it.

Radiantsoul

I crunched the numbers. falls of more than 2% have occured 256 times since 1984(or on about 3% of all days), think once a month!

Gram_Parsons

I fear it's the imminent collapse of society due to Jeremy Clarkson getting sacked. Even Mister Squirrel has headed for the hills. *sob*

BrockStoker

talexuser wrote: »

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.

Well I did try to qualify my "nose dive" statement by adding "a bit of a...". I'm certainly not trying to say it's anything major, but perhaps I used the wrong terminology!

If there is a major correction I'll simply top up those funds that took the biggest hit.

That last thing I wanted was for the whole thing to be blown out of proportion, although I have enjoyed reading everyone's witty comments

redbuzzard

The money pages always refer to a 2% drop in a share price as a "plunge", I try not to let it annoy me.

Oddly enough the worst affected funds in my SIPP were both absolute return - and not GARS!

coastline

Ryan_Futuristics wrote: »

Wait ... WAIT ...

















Okay, wait ...














Wait ...













Wa ... no not now












Wait ... Wait
















Wait there ...

















Okay, SELL SELL SELL!!!

here's an average for your collection...might keep you in the game...

http://www.advisorperspectives.com/dshort/charts/timing/SP500-MMA.html?SP500-monthly-10MA-since-1995.gif

http://www.advisorperspectives.com/dshort/updates/Four-Totally-Bad-Bears.php

Mistermeaner

Forgive my ignorance, I think I understand the information but not what I should conclude from this

MARTYM8`

Stocks and shares have risen massively since 2008 on the back of printed money i.e. QE rather than real fundamentals like profitability or productivity.

Its all an illusion built on sentiment. Maybe there will be a crash or not - but there is no logic to any of it.

bowlhead99

ggb1979 wrote: »

Forgive my ignorance, I think I understand the information but not what I should conclude from this

The conclusion is that market prices move, from time to time, in various directions, for a variety of reasons.

Mistermeaner

bowlhead99 wrote: »

The conclusion is that market prices move, from time to time, in various directions, for a variety of reasons.

Gotcha

That's kind of what I thought but didn't want to look stupid.

It never ceases to amaze me that generally speaking the more complex, chaotic and irrational a l any given system or set of events the more people seem to get paid fir talking !!!!!!!! about it: politics, gold price, war, oil price, football ........