Squeaky bum time!

Albermarle

Since Jan 1st 2020 global markets are down around 7% . UK down more : the much bigger US less.
Bonds still seem to be in positive territory despite all the warnings they are overvalued.
YTD the famous VLS 60 is down 1% ; some less UK biased MA funds are actually not down at all. 
Not squeaky bums for everybody.....

tigerspill

Albermarle said:

Since Jan 1st 2020 global markets are down around 7% . UK down more : the much bigger US less.
Bonds still seem to be in positive territory despite all the warnings they are overvalued.
YTD the famous VLS 60 is down 1% ; some less UK biased MA funds are actually not down at all. 
Not squeaky bums for everybody.....

My VLS 40 seems to be up 1% since 1st January.
But I am guessing we have a long way to go on this.

Anonymous101

As others have said its all about risk tolerances.
Anyone that is investing should have thought through various scenario's and have an idea of how they will react in most foreseeable events. Given the market history over the last 20 years or so, a small sample window in the scheme of things, this current event should not result in any form of surprise what so ever. Whilst not being predictable its entirely within the realms of normality and should be expected and planned for.

Prism

I am about 6% down for the week and -0.5% for the year to date - 100% equities. Just had a fixed saver mature so it looks like I will be buying more tomorrow.

Audaxer

ffacoffipawb said:

Dox said:

Anyone thinking of transferring from a DB scheme might do well to dwell on this thread!

Indeed. I wish I had taken my DB in full and not the PCLS as I have lost 10% of it already. It was meant to give a higher income from dividends than the pension commuted. Maybe it will, but I wish I could go back and take the extra £2k (£1600 net) pension instead of the £50k tax free cash which is now worth £45k. Of course in a year's time we might be OK but this time it seems different.

How much annual dividend income are you getting from the £50k that was invested? If you are getting at least £1,600 per year, which would match the extra pension, I would try not to worry too much about the capital fluctuations. I know its easier said than done, but the dividends should have a lot less volatility. 

westv

If people get concerned at a 10% fall how on earth will they react at the next 40% bloodbath?

ffacoffipawb

Audaxer said:

ffacoffipawb said:

Dox said:

Anyone thinking of transferring from a DB scheme might do well to dwell on this thread!

Indeed. I wish I had taken my DB in full and not the PCLS as I have lost 10% of it already. It was meant to give a higher income from dividends than the pension commuted. Maybe it will, but I wish I could go back and take the extra £2k (£1600 net) pension instead of the £50k tax free cash which is now worth £45k. Of course in a year's time we might be OK but this time it seems different.

How much annual dividend income are you getting from the £50k that was invested? If you are getting at least £1,600 per year, which would match the extra pension, I would try not to worry too much about the capital fluctuations. I know its easier said than done, but the dividends should have a lot less volatility. 

Pretty much the £2,000 allowance. Six ETFs with about £8k in each.

In a GIA so taxable if over £2k.

si2winit

I’m still up 7.11% from 12 months ago thankfully, not for too much longer though if the trend continues 

Drp8713

Those worried should think back to the last two corrections.
January 2018 and September 2018, remember those? Nope, me neither. Sure I will see and forget about many more over the next 40 years.

ffacoffipawb

Drp8713 said:

Those worried should think back to the last two corrections.
January 2018 and September 2018, remember those? Nope, me neither. Sure I will see and forget about many more over the next 40 years.

No dodgy diseases then though.