We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
topping up funds
fender2000
Posts: 56 Forumite
is now the wrong time to top up or buy funds as the stock market is at record high
0
Comments
-
I am mainly topping up those funds which aren't performing as well.
I like to keep some back in high interest current accounts to take advantage of any dips.
Of course the rise could continue.0 -
a) there is more than one stock market and not all types of shares in all types of companies trading on all stock markets are at record highs. So much of what you read in papers can be disregarded.fender2000 wrote: »is now the wrong time to top up or buy funds as the stock market is at record high
b) if the market went up in a straight line it would always be at a record high and it would never be the wrong time to top up or buy funds. The FTSE100 index had a nice high in 1999 before plummetting. The value of the index plus the dividends received from the index went over that level by about 2006 but the newspapers are only now talking about us being 'higher than the previous peak'. So much of what you read in papers can be disregarded. And of course the FTSE100 is only one market and there are many markets.
What type of funds you have in your portfolio and how much is actually funds vs cash is personal to an individual.0 -
thanks for the replys0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.5K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.4K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards