How panic-y have you got ?

EdGasket

http://blog.milesfranklin.com/credit-crunch-all-over-again

silverwhistle

I sold my small holding in Special Situations a couple of months ago since when it's gone down, but not so much my good market timing as needing to do a bit more house maintenance than my standard budget would allow.

I've got a small FS pension, but an embarassingly large holding (from the point of view of diversification) in an old employer (ex-)PEP. I've been abroad for a number of years re-investing the dividends without really noticing the net result. But effectively I've bought more shares when the price is down and fewer when the capital value is looking more healthy, so trickle feed ing over a longer period! There's just been a distribution so I'd like the price down for a bit.. Now after 15+ years I'm going to start taking the dividends, so I think my passive approach has been successful enough for lazy me. It is a very defensive stock though, and should maintain decent returns.

So if I haven't panicked in the previous 15+ years I'm not going to start now.

kangoora

FTSE and European markets up 2.5 to 3.5% today as of time of writing. DOW expected to start strongly due to Yellen announcement on future interest rate increases ............................

Kendall80

kangoora wrote: »

FTSE and European markets up 2.5 to 3.5% today as of time of writing. DOW expected to start strongly due to Yellen announcement on future interest rate increases ............................

Strong quarter growth figures from the US. Increased demand from China. Abe increasing speculation regarding an increase in Japan QE. Hopefully the week can end on a positive note for equities. Still a weekly loss for most regions though.

Glen_Clark

kangoora wrote: »

FTSE and European markets up 2.5 to 3.5% today as of time of writing. DOW expected to start strongly due to Yellen announcement on future interest rate increases ............................

And I thought it was due to Flock of Sheep's announcement that 'With further heavy losses to come folk are stupid to be buying equities at this time'

bottleandahalf

Volatile times folks. FTSE down to 'Black Monday' crash/ correction levels again.
Should be an interesting week.

Thrugelmir

silverwhistle wrote: »

It is a very defensive stock though, and should maintain decent returns.

So if I haven't panicked in the previous 15+ years I'm not going to start now.

Few companies have eternal life.

Mistermeaner

I used to logon and check my pension and s+s isa almost daily

I had a ft portfolio tool that I kept up to date too and played around with spreadsheets etc.

Got bored of all that and don't even look now, until reading this thread hadn't even noticed ups and downs. Sure I've heard the news but as ftse and Dow are only a little bit of my portfolio I don't pay that much attention.

Direct debits and standing instructions keep things ticking along without any need for my involvement.

I'm more focussed on my job which earns the money for me to invest and on my running and training.

Much better that way IMO. In it for the long haul.

george4064

Personally I haven't been panicking, I've been;

- putting any of my monthly savings into cash, ready to invest in the future
- sitting on the sidelines, watching the market move down, up, down down, up etc.
- feeling sorry for Glencore shareholders

It's interesting seeing which sectors/particular investments are holding up well in this period of volatility and short/medium term downward trend. I've found that airliners, house builders, and many small cap stocks are riding through this period well.

Kendall80

george4064 wrote: »

Personally I haven't been panicking, I've been;

- putting any of my monthly savings into cash, ready to invest in the future
- sitting on the sidelines, watching the market move down, up, down down, up etc.
- feeling sorry for Glencore shareholders

I've managed to offset much of my recent losses by working overtime - double pay for me this month.


Still dithering over whether to reduce my exposure by selling down some funds to increase my cash position.