Current market carnage - anyone selling or buying?

racing_blue

Here are a few words from the last 2 pages of this thread:

doomed
carnage
slump
charity
worried
pressure
losses
cataclysmic
crash
depression
meltdown
red flag

These are all words that should fill us with hope. Warren Buffet urged us to be greedy when others were fearful. That tracker which used to cost £71 now costs £58, yet it is exactly the same bunch of world-beating businesses. That hydrocarbon which used to cost $100, the fuel of global growth itself, now on sale at $29. This should make our hearts sing.

Glen_Clark

A_Flock_Of_Sheep wrote: »

It's all going down-diddly-down-down I tell ye! .........the best thing is to buy up all the bargains.

Where are the bargains if its all going down?

Glen_Clark

racing_blue wrote: »

That tracker which used to cost £71 now costs £58,

Yes, but if you look at a 20 year graph of the S&P 500 it still looks high :eek:
But where else do you put your hard earned?.
I'm not confident about equities, or commodities, or cash, or property, or gold etc etc. So I just aim to have a bit of each and hope for the best.

A_Flock_Of_Sheep

racing_blue wrote: »

Here are a few words from the last 2 pages of this thread:

doomed
carnage
slump
charity
worried
pressure
losses
cataclysmic
crash
depression
meltdown
red flag

These are all words that should fill us with hope. Warren Buffet urged us to be greedy when others were fearful. That tracker which used to cost £71 now costs £58, yet it is exactly the same bunch of world-beating businesses. That hydrocarbon which used to cost $100, the fuel of global growth itself, now on sale at $29. This should make our hearts sing.

I am quite happy I can get fuel for 99.7p per litre. Long may the tumble continue.

I would be lovely if the UK market crashed to 3,500 it would be stacked to the gunnels with bargains.

A_Flock_Of_Sheep

I have a feeling a few people have been investing beyond their risk tolerance.

mollycat

A_Flock_Of_Sheep wrote: »

I have a feeling a few people have been investing beyond their risk tolerance.

Unlike yourself who is an investing genius? !

Shame this type of thread, which are usually a good read, can be spoiled by this type of trolling.

AFOS..given it's the weekend and the schools are off, don't you have a shopping centre to go and hang around?

A_Flock_Of_Sheep

mollycat wrote: »

Unlike yourself who is an investing genius? !

Shame this type of thread, which are usually a good read, can be spoiled by this type of trolling.

AFOS..given it's the weekend and the schools are off, don't you have a shopping centre to go and hang around?

Well I am not the one showing signs of the jitters now it's all going down the gurgler am I?

I don't profess to be a genius but as a novice I haven't done too badly you know. I am glad I offloaded Tesco when I did.

ChesterDog

To restore some normality...

My portfolio is currently down 6.3% this year.

But it only represents 35% of my liquid assets (a bit less than that now...).

Furthermore, the portfolio is still up 4.9% on the year to date, and showing annualised growth of 13.8% over five years.

None of it is invested in things whose value can fall to zero. Unless capitalism collapses.

This current situation in absolutely normal. The tide comes in and the tide goes out, but the sea level rises over time.

Anyone who makes a fuss over a normal scenario ought not to be invested in it.

A_Flock_Of_Sheep

ChesterDog wrote: »

Anyone who makes a fuss over a normal scenario ought not to be invested in it.

Presactly yes!

Glen_Clark

Glen_Clark wrote: »

Where are the bargains if its all going down?

Thanks to those who have thanked for this post confirming its not invisible - I was beginning to think it might because flock of sheep doesn't appear to have seen it