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stockmarkets -are we nearing the bottom or is there further to go ??

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  • bigadaj
    bigadaj Posts: 11,531 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper
    Who knows is the honest answer.

    The problem is that going into cash is rarely good long term, and if you aren't going in long term then you are by definition trying to time the market.

    We still aren't out of the woods since the gfc, and the people who have lost out in that time are the people who have stayed in cash. Capitalism has won, and corporations need to make money and be solvent, so governments policies will promote this. Whether that be qe through much of the world, or more overly government support in China for strategic industry, the economy has to work there as failing to deliver to hundreds of millions is the only thing that could unseat the government.
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    [QUOTE=N1AK;70271463
    My investments are in index trackers split roughly to match the weighting of different regions and I invest regularly regardless of market 'performance'.
    [/QUOTE]

    that method of investing is a good one niak, pound cost averaging. Its a good thing to do on a regular basis, particularly when building up a portfolio. Personally I am way past that now, getting older etc and tbh am now working on the sipp for my children as beneficiaries. I won`t be in 100% cash too long, there are some good defensive stocks that I will buy into again as soon as they provide me with good value. Also there is talk of some big stocks reducing their yield, another factor to think about

    That wall of fear, oh yes and how slowly it goes up, then comes down so fast. Live dow is a good one to demonstrate how that works

    I have gone back to live charting with level two, have used 15 minute delayed for a couple of years and it is good but level two will help me with last minute timings and yes I enjoy it
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    I used these live charts, many moons ago
    http://www.livecharts.co.uk/MarketCharts/futsee.php

    used to manage quite well with them :)
  • 2010
    2010 Posts: 5,504 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    bigadaj wrote: »
    Who knows is the honest answer.

    The problem is that going into cash is rarely good long term, and if you aren't going in long term then you are by definition trying to time the market.

    We still aren't out of the woods since the gfc, and the people who have lost out in that time are the people who have stayed in cash.

    True, but the main thing is they haven`t lost their cash.
    As I said previously a lot depends on your age and risk adversity and if you`ve made a tidy sum you don`t want to lose it
    suddenly.
  • jimjames
    jimjames Posts: 18,774 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    2010 wrote: »
    I won`t be buying.
    You must make your own decision. ;)
    Would you ever buy? If not now, then when? If you're not interested in buying ever, then it's not really about timing.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    I'm not confident about equities either. I keep them because I am less confident about Sterling cash. If the Government keep borrowing and wasting at this rate, hyperinflation is inevitable. When that happens the last thing I want to be holding is cash.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    2010 wrote: »
    It took the FTSE100 sixteen years to get back to record levels and since then its lost 800 points through mainly China and Oil.
    Why wasn`t that priced in before it happened?

    I think miners were oversold because hedge funds were shorting them, some of said hedgies have got burned.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • 2010
    2010 Posts: 5,504 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    jimjames wrote: »
    Would you ever buy? If not now, then when? If you're not interested in buying ever, then it's not really about timing.

    Never say never but I can`t see me buying in the near term.
    When you`ve made it you don`t want to lose it.
    I thought that was what long term investing was about,making money and then keeping it.
    (If you were lucky enough to make it in the first place).
    I`d rather put it in bricks and mortar now, people always need somewhere to live.
  • 2010
    2010 Posts: 5,504 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    I think miners were oversold because hedge funds were shorting them, some of said hedgies have got burned.

    Hedgies and all funds can afford to get burned, it`s not their money they`re gambling with.
  • 2010
    2010 Posts: 5,504 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    I'm not confident about equities either. I keep them because I am less confident about Sterling cash. If the Government keep borrowing and wasting at this rate, hyperinflation is inevitable. When that happens the last thing I want to be holding is cash.

    What`s wrong with hyperinflation.
    Mortgages at 15%, savings at 10%.
    You could buy a decent house for £40k which would now cost £250k.

    Great days, bring them back.
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