HL stocks and shares ISA advice needed

[Deleted User]

HI,

MONEYTREE wrote: »

ah thanks frugal.

So in your opinion, do I cut and run and lose £1,800 or sit tight and wait till they go back up?

And do you agree with Dunston that if I stay in I will lose everything?

well, here's another chart to add to your confusion, this one shows the Ftse100 over the year, up nearly 400 points, 6.25%, that's why you need to look long term, not just 3 months.

MONEYTREE_2

So you are saying "sit tight"?

dunstonh

MONEYTREE wrote: »

Dunston:

"If you pull out now and go cash, you lose £1500. However, some of those funds can lose 80% of of their value. ... when things take a turn for the worse, it will tens of thousands you will lose. That turn for the worse may not happen now. Next week, next month or next year. But it will happen at some point."

Can I ask, why are you so certain that it WILL happen?

Because markets go up and down. Always have. Always will. You don't know when the negative periods are going to come. You just know they are coming.

When you invest money, you should invest within your risk tolerance (i.e. how much you are prepared to see the money go down before you get cold feet) and within your knowledge and behaviour (saying you can accept it going down by £10,000 but actually seeing it go down by £10,000 are two different things. Especially if you follow the news and they are doing their usual scaremongering at the time.

There is also capacity for loss to consider. Can you afford to lose that money? Crashes can take 3 or so years to recover sometimes. It could be longer. Sometimes it is shorter and only months. Last Autumn, the markets crashed but recovered by this year. Some markets have taken 25 years to recover losses and some of the funds you hold invest in those markets. So, do you have the time to wait for recovery?

We don't know if there will be a 10% crash next week, or 20% or 30% or 40%. We don't know if it will be next month or next year. However, we know there will be these periods. Just not when they arrive.

If you take a typical 5 year period, you will see 3 growth years, 1 negative year and 1 year where it does nothing. However, you dont know the order they come in. You could get the good year first, the nothing year or the bad year. You never know the order.

The only thing you know is that there will be periods of growth, periods of loss and periods where there is no real movement.

All anyone can tell you is that in 12 months time your £40,000 could be worth anything between £20,000 and £50,000

[Deleted User]

Hi,

looking at the individual charts for your funds, they all were at a high near the end of September, is that when you bought?

If it's any consolation, you ex boyfriend will also be showing a loss now, if he still has the funds.

MONEYTREE_2

Dunston I have read your latest three times, trying to take it all in.

I am now sh1tting myself with worry.

MONEYTREE_2

Frugal I am now of the opinion that he did this deliberately. I don't think he ever invested in these funds at all. I think he studied to see which ones were at their height and likely to plummet, pretended to have invested in them, and told me to.

He deliberately set me up for a massive emotional damage, so it makes perfectly logical sense that he intended to also try to inflict some financial damage, too. What a horrible thing to do to a hardworking woman. My "crime" (in his eyes) was my refusal to let him sleep around, which he felt perfectly entitled to do, regardless of how much it hurt me. He was extremely angry about it for years and it was the only thing we ever argued about. So yeah, I think he did this deliberately.

I will remove all the money tomorrow and take the £1,800 loss.

What more can I do? Dunston thinks I could end up with £20,000!!!!!!

[Deleted User]

MONEYTREE wrote: »

I will remove all the money tomorrow and take the £1,800 loss.

At least you'll know you have £38200 guaranteed cash, and peace of mind.

MONEYTREE_2

Yes indeed.

[Deleted User]

Hi,

MONEYTREE wrote: »

I think he studied to see which ones were at their height and likely to plummet,

Dunston thinks I could end up with £20,000!!!!!!

you're only down 4.5% a plummet would be 45%,

Dunston said between £20,000 or £50,000, who knows what the markets will do next, we've got Brexit to think about, Trump in USA, so many variables.

bigfreddiel

MONEYTREE wrote: »

Dunston I have read your latest three times, trying to take it all in.

I am now sh1tting myself with worry.

Old Dunsty boy has a tendency to do this. That's because he is a professional IFA and the only way you can get some advice from him is to pay for it. No one is allowed to give any advice on MSE so don't worry yourself about it.

Take my tip, don't get overloaded with all this 'noise' because that is what these normal movements in the stock market is.


No one makes any money from just buying and selling stocks, the real return is in holding and reinvesting the dividends. If you are holding funds then these should be ACC or accumulation funds. They reinvest in more automatically.

The worlds most renowned investor is Warren Buffett -he just holds his investments. His worth is in the billions. If you had bought shares in Berkshire Hathaway, say $1,000 a few decades ago and just held onto them you would now be a multi millionaire

So, keep it simple, don't panic, reinvest, buy a Lifestrategy fund maybe, but make sure it covers a global view,

Good luck fj