Red Day on the Markets

Thrugelmir

9 shares up

91 shares down

In the FTSE today. Hard to avoid the bad news.

padington

Thrugelmir wrote: »

9 shares up

91 shares down

In the FTSE today. Hard to avoid the bad news.

Stick to property thrug.

Thrugelmir

padington wrote: »

Stick to property thrug.

Got enough cash tied up in property investment already (though not in a physical sense). Into German rental property at the moment. With the influx of migrants etc etc. .

MARTYM8`

padington wrote: »

Stick to property thrug.

You can sell stocks and shares straight away in a declining market or switch investments quickly.

It could take months to shift a house - or years - especially in areas which have a history of riots.

chucknorris

MARTYM8` wrote: »

You can sell stocks and shares straight away in a declining market or switch investments quickly.

It could take months to shift a house - or years - especially in areas which have a history of riots.

I've been buying shares, not selling them, why would you want to sell and lose? If you can't stay in for the long term you shouldn't have bought them in the first place. My horizon for shares is at least 15-20 years away.

Crashy_Time

chucknorris wrote: »

I've been buying shares, not selling them, why would you want to sell and lose?

Because if you don`t you might lose more.

chucknorris

Crashy_Time wrote: »

Because if you don`t you might lose more.

I'm prepared to take that chance, just like I did when I invested in property in 1991 and 1992 in London, when most were selling, for exactly the same reason that you are now citing.

Are you saying that you are selling out of your index trackers right now?

padington

Thrugelmir wrote: »

Got enough cash tied up in property investment already (though not in a physical sense). Into German rental property at the moment. With the influx of migrants etc etc. .

Is that an outside bet that the Germans remove the rent cap ? Or just a classic thrug safe play ?

Thrugelmir

padington wrote: »

Is that an outside bet that the Germans remove the rent cap ? Or just a classic thrug safe play ?

Originally attracted by the €1.45 exchange rate and the reasonable yield of 3.5% . Exchange rate now 1.33. So even in a generally falling markets I've made a capital gain of 6% ( on paper at least) in under a year.

Crashy_Time

chucknorris wrote: »

I'm prepared to take that chance, just like I did when I invested in property in 1991 and 1992 in London, when most were selling, for exactly the same reason that you are now citing.

Are you saying that you are selling out of your index trackers right now?

Trackers are built for these types of scenarios, individual shares may not be, unless you are really educated about and confident of the fundamentals and sure of the companies true value. I got mostly out of trackers last year, took the cash, and am now going back in, but as yet undecided whether to bet on a bounce back by dropping in larger amounts, or accept a "new normal" of lower valuation by dripping smaller amounts into a reduced market. Advocates of trackers would probably say just be fully invested all the time, but the highs and lows of this sort of market are so pronounced that it is probably prudent to take some gains when they appear IMO.

chucknorris

Crashy_Time wrote: »

Trackers are built for these types of scenarios, individual shares may not be, unless you are really educated about and confident of the fundamentals and sure of the companies true value. I got mostly out of trackers last year, took the cash, and am now going back in, but as yet undecided whether to bet on a bounce back by dropping in larger amounts, or accept a "new normal" of lower valuation by dripping smaller amounts into a reduced market. Advocates of trackers would probably say just be fully invested all the time, but the highs and lows of this sort of market are so pronounced that it is probably prudent to take some gains when they appear IMO.

I'm in for the long term.