Like the February Correction ?

Zero_Sum

Its frustrating cos ive just started doing investing & after an okish September its now dropped about 10%. I currently dont have big money in so not overlly worried and a big drop is an opportunity to buy cheap for longer term gains. Which as im in for the long haul im still hopeful.

Thrugelmir

DairyQueen wrote: »

I'm a bit surprised. What kind of posts will we see if this turns out to be a correction?

Depends what investments people are holding. The mass migration to (in particular global) trackers may in itself create a more volatile market. As funds are forced to trade shares to maintain their portfolio weightings. Swings in share price may offer good buying opportuntites for the nimble.

bostonerimus

ffacoffipawb wrote: »

I did have a plan. Unfortunately it now seems to have been a bit too cunning.

Did you stress test your plan? If it was only good in a rising market then it was really just half a plan.

ffacoffipawb

bostonerimus wrote: »

Did you stress test your plan? If it was only good in a rising market then it was really just half a plan.

No, just been buying ITs since 2013. Still slightly ahead of cash but not by much.

Probably 50% UK (eg CTY, DIG, ADIG, TIGT, SCF) and 50% Global (eg HFEL, AAIF, JEMI, JETI).

On the plus side I am now slightly under LTA allowing for a middling defined benefit pension (estimated) due from 2024.

It has always bounced back, eg down 1% last month since January 1st, now down 11%. It just smells worse this time, what with Brexit, Corbyn and Wiggy White House.

takesyourchances

ffacoffipawb wrote: »

No, just been buying ITs since 2013. Still slightly ahead of cash but not by much.

Probably 50% UK (eg CTY, DIG, ADIG, TIGT, SCF) and 50% Global (eg HFEL, AAIF, JEMI, JETI).

On the plus side I am now slightly under LTA allowing for a middling defined benefit pension (estimated) due from 2024.

It has always bounced back, eg down 1% last month since January 1st, now down 11%. It just smells worse this time, what with Brexit, Corbyn and Wiggy White House.

I hold various IT's as well. You really are only 5 years in from your "first" buys in 2013, if you been drip feeding from then to now some of your investments have only been held for very short periods.



There will always be something going on in the world and there will be again once Brexit, Corbyn and Wiggy White House are yesterdays headlines.



Batten down the hatches and keep deploying through your plan and reinvest those IT dividends too

bowlhead99

ffacoffipawb wrote: »

May rethink my retirement plans for next year, probably take 2 years to get back and the dow is tanking down again despite being up earlier. Manipulation anyone?

Yeah, $50+ trillion of world equity markets are being manipulated by some guy who's cackling at his PC screen as he sees you post about your retirement plans being screwed over.

Or maybe, 'markets go up and down' is somewhat expected.

Sea_Shell

Was planning on filling the last part of our S&S ISA's in December when some more Reg Savers mature, but going to get the money in early, using October's VRS maturity, and bag some cheap(er) units. OK i'll lose 8 days interest on closing early...but "who dares wins eh Rodney"

25_Years_On

I'd guess today will be bounce back day judging by the Asian markets.

2010

25_Years_On wrote: »

I'd guess today will be bounce back day judging by the Asian markets.

Dead cat bounce!

Zero_Sum

One theory

https://www.facebook.com/RBReich/posts/2170826576263260?__xts__%5B0%5D=68.ARDACnUrbtoFrPQT5kfNcCq41_eIxz2g0aFPBj4TDNHEjscVgdbs3MBJzB9a1trAotWrzjMLd6LMnCIlABwyRHam0E6OpSiYlAFgk2crX44K1dvMpw3hEYSo9c02NzLvK8SA2qH8KsgSdQImc0AbFBANHIo7UQK7Jk2XZrGW-YcFVgnw_zmJ2A&__tn__=-R#