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topping up funds

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is now the wrong time to top up or buy funds as the stock market is at record high

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  • Kendall80
    Kendall80 Posts: 965 Forumite
    Ninth Anniversary 500 Posts Name Dropper
    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.
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    fender2000 wrote: »
    is now the wrong time to top up or buy funds as the stock market is at record high
    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.

    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.
  • fender2000
    fender2000 Posts: 56 Forumite
    thanks for the replys
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