No Santa Rally

Rheumatoid

Audaxer wrote: »

When buying units in a well diversified equity fund with a good history that just happens to have fallen 10% in recent months, surely cheap in that case does mean cheap?

I think its whether you see them as absolutely or relatively cheap. They are certainly relatively cheap (all other things being equal and who can tell about that in a sentiment and largely speculatively driven market!) compared to what they have been and I have been dumping quite a bit of excess cash into funds on the recent dips and will continue to do so.

R.

Thrugelmir

itwasntme001 wrote: »

A rate hike wont change much nor will a trade dispute, however if these lead to major changes in the US economy, corporate profits, inflation etc then it sure will change expectations in the long term and potentially quite a bit.

As US Treasuries yield a better return. Then US investors,at least, will price equities with a more demanding valuation. There needs to be a risk premium to warrant sacrificing a guaranteed secure return. 10 year treasury currently offer 2.78%.

Apodemus

Interesting to see the range of year-to-date figures from the various posters above. I’ve just looked at the sums and seem to be on a par with most folks at present. Value of holdings is currently down 3.3% on 1st January 2018 but dividend yield was 4.2% of starting value, so currently looking at a total return for the year of 0.9% - which is below the 1.24% return on my Premium Bonds!

Novice_investor101

Interesting reading this thread. I'll throw my 2pence worth in. I only really started investing in March 2017. I've a DC pension, a SS ISA & a LISA. I'm 100% equities, in global funds & UK trackers.
I also hold the usual 12months of expenditure in cash emergency fund.

My pension just ticks along - I rarely look at it. The funds & allocations are & will remain the same for circa 20years. Actually, I lied. 10% of my pension contribution goes into a property fund, the rest in equities.

The stock & shares ISA is 100% equities. This is currently worth less than I've paid in by about 8%. I'm not too worried as it's also going to be left for another 15-20years. I have been paying in lump sums when the unit price has dropped in March, October & November. I'm slightly annoyed with myself for paying money into Premium bonds this week as the unit price now is lower than it was in March. I also put in a £2k bonus in August.... I'm still paying in monthly.

My LISA is down 6%, I've just increased the amount I pay into a month by 25%. It'll remain untouched for 23 years. This is one fund - Vanguard FTSE global all cap.

I only really saw the big drops this month due to pretty much all my funds being between 50-60% US equities.
Can't say I'm worried, I'm just carrying on as normal - I've no need to withdraw & I'm liking the lower unit prices. I'm seriously thinking of taking the money I put into premium Bonds on a whim back out & buying units in the L&G international index trust in my ISA - £1.29 a unit. It was £1.48 in August.

Prism

Apodemus wrote: »

Interesting to see the range of year-to-date figures from the various posters above. I’ve just looked at the sums and seem to be on a par with most folks at present. Value of holdings is currently down 3.3% on 1st January 2018 but dividend yield was 4.2% of starting value, so currently looking at a total return for the year of 0.9% - which is below the 1.24% return on my Premium Bonds!

As of today my SIPP(s) are down around 3% total and my ISA is up about 2%

TBC15

Your ISA Isn't in Fundsmith by any chance?

Prism

TBC15 wrote: »

Your ISA Isn't in Fundsmith by any chance?

Yup, its an all Fundsmith ISA - Fundsmith, FEET and more recently Smithson)

TBC15

Must admit I’m quite impressed how its coped with the recent turbulence. My quite modest Sipp in drawdown is 100% Fundsmith.

Prism

My wife has hers in Lindsell Train global equity which has held together even better at 11.2% plus dividends

TBC15

You read my mind. I’ve got a Major rehash due in March. May upgrade the other half’s LT investments to make the 30 day rule irrelevant.