Has the stock market peaked?

EdGasket

No Mate; I'm down too. If you're interested, see my thread: Is anyone else making a loss on all their S&S ISA's

ChesterDog

nb73 wrote: »

By way of baance, I'm down 8% on the year. Maybe I flipped the other side of Kittie's coin. Everything I touch this year turns to less golden.

Best to choose things that you really don't need to touch again. Rebalancing excepted. IMHO, obviously.

cisamcgu

I am making a loss over the last few months - not a great worry and I try and look on the upside - that each time I buy more funds they are cheaper

joe134

Stock markets are like a !!!!!s pants;;
up and down all the time.:)

oneacourt

As you indicater, timing is everything amd quite a few people are shifing some money to gold.

EdGasket

oneacourt wrote: »

As you indicater, timing is everything amd quite a few people are shifing some money to gold.

..and yet others are saying you can't time the market and just invest as soon as you have the funds so your money is invested as long as possible?? Also that buy and hold is better than pound-cost-averaging.

ChesterDog

joe134 wrote: »

Stock markets are like a !!!!!s pants;;
up and down all the time.:)

But that's just noise. Sometimes it is VERY noisy.

Longterm though, the progress is upwards. Like a rollercoaster running in reverse. No need to keep jumping in and out.

ChesterDog

oneacourt wrote: »

As you indicater, timing is everything amd quite a few people are shifing some money to gold.

Personally, I would say timing is most definitely not everything. Choosing a good, widely-diversified selection means you avoid that siren call.

Addition: Suppose that instead of being invested in a wide range of global equities, you were invested in just one solitary business; your own perhaps.

Would you sell it the moment it experienced some difficulties? Then buy it back when it had overcome them again. Then sell it again when the next iffy patch happened? Then buy it back again?

My own business ultimately sold for twenty times what we bought it for, after twenty years, but at times its value was almost nil.

Choose well. Keep it.

AndyT678

oneacourt wrote: »

As you indicater, timing is everything amd quite a few people are shifing some money to gold.

Well I'm convinced! Nothing beats misspelt, unsubstantiated generalisations when it comes to investment advice.

I'm off to buy now in case it goes ex-div before I get in.

Glen_Clark

oneacourt wrote: »

timing is everything

Yes but for that you need the wisdom of hindsight.
Since we don't have that when we trade, we have to look at the next best thing.