US Correction

short_butt_sweet

is it a dead turkey bounce?

Alexland

short_butt_sweet wrote: »

is it a dead turkey bounce?

Maybe but it is supported by a day of encouraging US retail results and analysts scratching their heads going 'how can these companies be valued so low?'

Alex

quirkydeptless

:santa2: Sorry, was a bit late this year :xmassign:

https://www.youtube.com/watch?v=uFn-N68mrCc

Novice_investor101

I'm annoyed - L&G international index trust was the cheapest it's been for nearly a year, but I couldn't get cash out of premium bonds quick enough to buy before it went up again.... Never mind.

Now heading off to reassess where my cash holdings are kept so I can quickly move the next time it's so low.....

System

Alexland wrote: »

Maybe but it is supported by a day of encouraging US retail results and analysts scratching their heads going 'how can these companies be valued so low?'

Alex

Still suffering from irrational exuberance?

Cash-Strapped.T32

I wanted to snap up some cheap units as well for my lisa & sipp but it always seems to take a couple of days to complete the purchase for me - combine that with Christmas & I suspected that I'd probably end up paying a higher price than I intended to when I hit "buy" , so decided to hold off until Jan & we're better able to assess if it's just a dip within a dip, a bounce within a dip, or something else..

I'm hoping for a nice steady few months of depressed prices to bring my average price paid down a bit, as my larger lump sums went in during summer last year when prices were pretty high.

Alexland

Economic wrote: »

Still suffering from irrational exuberance?

If you had read Shiller's book then you would see my strategy is exactly the opposite.

Irational exuberance is used to explain increasing exposure as prices rise.

Alex

kidmugsy

Bear market rally? Market to be priced for perfection again? Nobody can know.

quirkydeptless

Cash-Strapped.T32 wrote: »

I'm hoping for a nice steady few months of depressed prices to bring my average price paid down a bit, as my larger lump sums went in during summer last year when prices were pretty high.

:santa2: Hi, Santa here again.



Since you've been ever so good this year, I can deliver your wish :dance:

MaxiRobriguez

Given not a lot has changed in the past three months (We knew about Brexit, the trade war, QE ending, interest rates going up, probable recession at some point, tax cut priced in etc etc) then I see it as an opportunity to pick up the same things I might have picked up a few months ago for a discount.

I spent half the year building the cash reserves for this time. I'm buying, and I'm holding for multi-decades.