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Invest Now or Hang Fire

2

Comments

  • Linton
    Linton Posts: 18,530 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    MPN wrote: »
    Yes, I think I will now have to wait until the markets drop considerably before I reinvest!

    And if they never do?
  • MPN
    MPN Posts: 365 Forumite
    Sixth Anniversary 100 Posts
    In general terms the markets always seem to have some highs and lows over time.
  • Linton
    Linton Posts: 18,530 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    MPN wrote: »
    In general terms the markets always seem to have some highs and lows over time.

    But the value of the next low could well be higher than the current value - there is an underlying upward trend. That is one reason why waiting for a low is on average a bad idea financially although it may make you happier.
  • KonkyWonky
    KonkyWonky Posts: 650 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    MPN wrote: »
    In general terms the markets always seem to have some highs and lows over time.

    Perhaps today's price is the low? You could wait 5 years on a crash and even then the price may be higher than it is currently.
  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
    10,000 Posts Fifth Anniversary Name Dropper Photogenic
    MPN wrote: »
    In general terms the markets always seem to have some highs and lows over time.

    I'm of the same opinion as Linton, that doesn't mean that the next "considerable drop" you are waiting for will be lower than where it currently is. It may not reach that point for several years (so you'll be missing out on dividends / dividend reinvestment over that period), or it may never reach it, ever.
  • Alice_Holt
    Alice_Holt Posts: 6,094 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    1) Getting your asset allocation aligned with your particular circumstances / age / investing personality is key.

    2) Research carefully and think about the investments you purchase. Expect equity assets to be volatile and be sure you can cope with this. Invest for the long-term.

    3) Moving in /out of the market based on fear / greed will add to costs; may cause you to be out of the market when it rises. It may be more sensible to stay within the same asset class, but move to a more defensive fund.

    4) Have a sensible de-accumulation strategy.
    Alice Holt Forest situated some 4 miles south of Farnham forms the most northerly gateway to the South Downs National Park.
  • lonewolf123
    lonewolf123 Posts: 91 Forumite
    Time in the market is key.

    I just whacked 10k into the market yesterday. Didn't even think about whether this was a good time or not. Just do it!
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    MPN wrote: »
    In general terms the markets always seem to have some highs and lows over time.

    The constituents of the indexes change. Every quarter some are relegated as their market capitalisation diminishes. Companies also go bust, are taken over, divide into separate listed entities, are bought by private equity and delisted........
  • coyrls
    coyrls Posts: 2,539 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    MPN wrote: »
    Yes, I think I will now have to wait until the markets drop considerably before I reinvest!

    Have you read any of the comments to your original posts? I can't see how you could have come to that conclusion if you have.
  • dunstonh
    dunstonh Posts: 121,201 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 13 November 2016 at 1:33AM
    MPN wrote: »
    Yes, I think I will now have to wait until the markets drop considerably before I reinvest!

    Timing the market is futile. What if they go up 20% before they lose 10%?

    It could be another 3-5 years before a major drop occurs. We had one last October and it is unusual (but not impossible) to get another one so soon after.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
This discussion has been closed.
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