No Santa Rally

letspretendforaminute

GBP is at 30+ year lows against the USD so buying globally is surely going to feel expensive? What about the FTSE100 where 97 of those listed receive 70% of their income from overseas and hasn't really moved (other than dividends) in over a decade? If that happened during the bull market then it shouldn't be too scary in a bear market. With currency devaluation, I can't see that index falling below 5500.

Herbalus

Alexland wrote: »

Santa's not delivering so I am guzzling up some cheaper global equity fund units.

At the top of the market I was 70% equities, 20% bonds and 10% cash.

The cash went into equities and I reduced my bonds this week to get back to an 80/20 allocation. If the stockmarket falls a bit further I will start 2019 with an adventurous (or maybe stupid) 85/15 allocation.

Alex

If it makes you feel any better I am 100% equities.

Although that does exclude cash in the various high interest current accounts and regular savers. Not sure if you count that.

Wildsound

If you just do the opposite of what everyone is telling you to do, you'll probably do alright.

ffacoffipawb

Herbalus wrote: »

If it makes you feel any better I am 100% equities.

Although that does exclude cash in the various high interest current accounts and regular savers. Not sure if you count that.

I am 100% equities too. Year to date I am -11% including dividends (-15% excluding them). Using investment trusts.

AnotherJoe

newatc wrote: »

Well my post was a bit tongue in cheek though I do look at the FTSE as a general guide how my fund investments are doing. I actually review/value my investments on a quarterly basis so I'm about two weeks from that.

If that's true and not tongue in cheek, you have a terrible investment scheme. .

fjh

AnotherJoe wrote: »

Why do you care what the FTSE does ?

what one ‘measure’ do you use to monitor the financial world?
Thanks

Alexland

Herbalus wrote: »

If it makes you feel any better I am 100% equities.

ffacoffipawb wrote: »

I am 100% equities too. Year to date I am -11% including dividends (-15% excluding them). Using investment trusts.

Ouch. Across our accounts we are probably, on average, now around 3-5% down over the year having made some tactical allocation changes and carefully timed additional contributions.

We have a second child being born in April and I wanted to start a JISA and get it to the same value as our first child (2 full tax years of contributions) so in some ways I am hoping this continues for a while as it will make the job easier.

I am in no hurry to see any recovery - happy buying low for a bit.

Alex

Sea_Shell

I pull up the global market tickers to get a jist of the direction of travel. Lots of red numbers recently.

Audaxer

AnotherJoe wrote: »

If that's true and not tongue in cheek, you have a terrible investment scheme. .

Although my UK equity investments are down, my HSBC Global Strategy fund which includes very little UK exposure, is not doing well either. I thought the reason for that is that most of the main large cap equity markets are fairly closely correlated these days?

Alexland

Audaxer wrote: »

my HSBC Global Strategy fund which includes very little UK exposure, is not doing well either.

If you are still in the HSBC GS Balanced fund the AJ Bell data is still showing YTD down 2.75% compared to VLS60 (data from the previous day) down 1.89%. That's not a bad result given the circumstances and flee to extreme safety in the bond markets. Tempted to take a bit more exposure now?

Alex