This correction-type thingy...

mike88

InvestInPoker wrote: »

However I would never place my money in the vast majority of active funds.

By their very nature Trackers will MOSTLY underperform in a falling market because managers(computers) are unable to take defensive positions.

enthusiasticsaver

I started investing in January this year and started initially investing £1k per month dropping off to £250 per month from April and also invested a lump sum of around £40k in May/June from a fixed term matured cash isa. It has been up and down since January but I am taking the view that I do not need the money now so am not worrying about the market noise. The lump sum went in when the market was going down and is worth less now but my monthly payments are buying more units now so I am hoping by the time I need the money (not in the foreseeable future) the market will have risen again. There is no way to time the market and there are no good savings rates anyway in cash isas so I do not see it as a problem. I am invested in Vanguard LS and the whole point is to invest and forget much the same as we do with my OHs DC pension.

Thrugelmir

InvestInPoker wrote: »

However I would argue anyone who CANT see Neil Woodford/Warren Buffet have beaten the markets long term through skill and not luck is blind and refusing to acknowledge the truth.

Buffet is the market. When you can buy and sell companies it's a different league of investing.

digannio

Can someone give me a nudge when it's hit the bottom.... or do I just sit tight for St Leger Day to make a move!

A_Flock_Of_Sheep

InvestInPoker wrote: »

Funny I just logged on and saw there was a crash thread and thought to myself ahhh I bet Flock of Sheep is in there trolling it. Lo and behold...

I'm not trolling I am just remarking that my prediction on the fact this thread exists and now indeed where I say hello 5000s have both come true.

Hope you are well anyway I-in-P. And of course everyone else xxx

A_Flock_Of_Sheep

I am quite pleased with this down turn as there are one or two shares I fancy buying that were a bit over expensive recently.

A_Flock_Of_Sheep

Take a gander at the poundings some of the shares are getting. Some of the 100 firms are down over 5% today.

So 5% off folks.

SOI trading at a discount at the moment. For ages that was on a premium.

adonis10

Virgin FTSE stocks and shares all share tracker ISA - say one invests this instant, would the unit price be the previous day's closing price +/- the % rise/fall at the time of investment, or does it get valued at x time after which time the purchase price would be updated?

For example, Friday's close was £2.327/unit and is now 5/6% down, so say I invested now would it be at £2.327/unit or that price less 5/6% (or whatever it is at the time of investment)?

ChopperST

adonis10 wrote: »

Virgin FTSE stocks and shares all share tracker ISA - say one invests this instant, would the unit price be the previous day's closing price +/- the % rise/fall at the time of investment, or does it get valued at x time after which time the purchase price would be updated?

For example, Friday's close was £2.327/unit and is now 5/6% down, so say I invested now would it be at £2.327/unit or that price less 5/6% (or whatever it is at the time of investment)?

Depends entirely on your brokers dealing points - it will be stipulated in their T's & C's.

e.g. Fidelity - https://www.fidelity.co.uk/investor/dealing/direct/dealing-and-settlement-times.page

InvestInPoker

A_Flock_Of_Sheep wrote: »

Hope you are well anyway I-in-P. And of course everyone else xxx

Ty ty I am glad you are here and doing well also afos. I am, however, thoroughly disappointed that "Ryan Futuristics" is not around to dispense some gems of advice on the current situation. Of course it is a sure thing that he moved into cash at the end of April and will soon pick whatever countries will rise 100% in a year to reinvest into when the bottom comes.