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How panic-y have you got ?
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I've been chewing my nails, next purchase is not due until October...'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0
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Gamble with other people's money, not your ownThrugelmir wrote: »What do (financial advisers) know that you don't?
“It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair0 -
Here we go again it seems. The DAX is currently 3.5% down today and the FTSE over 2%
I compared the global equity index performance just prior to the 2008 crash with the past few months and there are similar patterns forming. A steady rise that peaks then some large volatility swings and a precipitous initial drop (like the other week). Then an apparent recovery of sorts before the final huge drop.
I'm not a tech analysis type but still the similarities are there. With my luck though if I sold out to cash now there'd be a 30% increase! So in I stay - rollercoaster time.
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I'll just stay the course, I'm expecting the worst short term. Until the central banking interference is purged, stock market boom and bust will continue.
It's a moot point but just imagine all the arm waving, kicking and screaming and told you so there'd be now if gideon and the nasties hadn't got back in and this was happening on balls up's watch.'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB0 -
Stick to fundamentals. Ignore the noise. At the moment building stakes in smaller companies. Even buying in small quantities can be frustrating. Tried to place a buy trade today and no takers. Some markets are surprisingly illiquid.0
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Think the only time I panicked was when I couldn't remember one of my online passwords.
Over investments? Never.Total - £340.00
wins : £7.50 Virgin Vouchers, Nikon Coolpixs S550 x 2, I-Tunes Vouchers, £5 Esprit Voucher, Big Snap 2 (x2), Alaska Seafood book0 -
Morningstar reports Jun and Aug loss of 5.38% and 5.26% respectively. I should get a few more units in 2 days time when my regular direct debit goes through.
My only regret is not being in a better position to buy extra units, but that's another story.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%)0 -
Not panicked but I am mildly annoyed that I invested all my money at the start of the year so I can't capitalise on the lower prices now.
Still, I often learn the hard way - will try drip feeding going forward in the next tax year I think.0 -
i panicked so much that i checked the exact value of my investments on 25 august, for the 1st time this year ... i say panicked, but the point was really to decide whether i should put more in equities; concluded i have enough already ... so no action taken; small regular investments, mainly of the income generated inside ISA/SIPP, continue ...0
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The real fall will come when the fed raises rates. The only question is how long before things stabilise again after that.0
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