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Liquidate entire portfolio until virus is over?

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  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    schiff said:
    Motley Fool apparently suggested W H Smith, Wetherspoons and National Express on 19/3 as possible early survivors - up 113%, 85% and 159% today. Lucky, or well judged, for some!
    Opportune time to take bank some profits. 
    Only if they made those profits by pure luck and recognised this was the case and even then they could, instead, decide to choose a lower risk investment. If someone has the stockpicking skill to be able to pick W H Smith, Wetherspoons & National Express why the hell would they choose to gaze upon the profit earning 0.1% interest in a bank account? 

    I've never really understood why banking profits is seen as sage advice unless it's part of a derisking exercise or the cash is actually needed. 
  • kinger101
    kinger101 Posts: 6,573 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    schiff said:
    Motley Fool apparently suggested W H Smith, Wetherspoons and National Express on 19/3 as possible early survivors - up 113%, 85% and 159% today. Lucky, or well judged, for some!
    Opportune time to take bank some profits. 
    Only if they made those profits by pure luck and recognised this was the case and even then they could, instead, decide to choose a lower risk investment. If someone has the stockpicking skill to be able to pick W H Smith, Wetherspoons & National Express why the hell would they choose to gaze upon the profit earning 0.1% interest in a bank account? 

    I've never really understood why banking profits is seen as sage advice unless it's part of a derisking exercise or the cash is actually needed. 
    Possibly to buy something less volatile.  Why do you think those companies fell so precipitously in the first place?
    "Real knowledge is to know the extent of one's ignorance" - Confucius
  • kuratowski
    kuratowski Posts: 1,415 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    Alexland said:
    If they are not autowritten by bots then someone has an extremely tedious job generating endless similar clickbait.
    I sometimes suspect those are the "work from home" jobs you see advertised on lamp-posts.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    schiff said:
    Motley Fool apparently suggested W H Smith, Wetherspoons and National Express on 19/3 as possible early survivors - up 113%, 85% and 159% today. Lucky, or well judged, for some!
    Opportune time to take bank some profits. 
    Only if they made those profits by pure luck and recognised this was the case and even then they could, instead, decide to choose a lower risk investment. If someone has the stockpicking skill to be able to pick W H Smith, Wetherspoons & National Express why the hell would they choose to gaze upon the profit earning 0.1% interest in a bank account? 

    I've never really understood why banking profits is seen as sage advice unless it's part of a derisking exercise or the cash is actually needed. 
    All three are recovery punts on the travel and leisure industry. The tip was made some weeks ago. Be interesting to see what the writer thinks now. WH Smith has since already diluted small shareholders with a £166m share placing to shore up it's balance sheet. 
    PS. Share market makers follow the tip sheets as well. You'll be paying these higher prices in purchasing VWRL. 

  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    schiff said:
    Motley Fool apparently suggested W H Smith, Wetherspoons and National Express on 19/3 as possible early survivors - up 113%, 85% and 159% today. Lucky, or well judged, for some!
    Opportune time to take bank some profits. 
    Only if they made those profits by pure luck and recognised this was the case and even then they could, instead, decide to choose a lower risk investment. If someone has the stockpicking skill to be able to pick W H Smith, Wetherspoons & National Express why the hell would they choose to gaze upon the profit earning 0.1% interest in a bank account? 

    I've never really understood why banking profits is seen as sage advice unless it's part of a derisking exercise or the cash is actually needed. 
    All three are recovery punts on the travel and leisure industry. The tip was made some weeks ago. Be interesting to see what the writer thinks now. WH Smith has since already diluted small shareholders with a £166m share placing to shore up it's balance sheet. 
    PS. Share market makers follow the tip sheets as well. You'll be paying these higher prices in purchasing VWRL. 

    Well quite. I've decided I don't have an investment edge and am happy to accept that today's price is the correct price. Of course I wish I had bought VWRL ten days ago when prices were somewhat lower but if wishes were horses beggars would ride (and I didn't have the cash).

    My next share purchase will be at the start of the 2021 tax year apart from reinvesting dividends. I'll still be dipping here for an occasional dose of success bias in action though. 


  • schiff said:
    Motley Fool apparently suggested W H Smith, Wetherspoons and National Express on 19/3 as possible early survivors - up 113%, 85% and 159% today. Lucky, or well judged, for some!
    Opportune time to take bank some profits. 
    Only if they made those profits by pure luck and recognised this was the case and even then they could, instead, decide to choose a lower risk investment. If someone has the stockpicking skill to be able to pick W H Smith, Wetherspoons & National Express why the hell would they choose to gaze upon the profit earning 0.1% interest in a bank account? 

    I've never really understood why banking profits is seen as sage advice unless it's part of a derisking exercise or the cash is actually needed. 
    All three are recovery punts on the travel and leisure industry. The tip was made some weeks ago. Be interesting to see what the writer thinks now. WH Smith has since already diluted small shareholders with a £166m share placing to shore up it's balance sheet. 
    PS. Share market makers follow the tip sheets as well. You'll be paying these higher prices in purchasing VWRL. 

    Well quite. I've decided I don't have an investment edge and am happy to accept that today's price is the correct price. Of course I wish I had bought VWRL ten days ago when prices were somewhat lower but if wishes were horses beggars would ride (and I didn't have the cash).

    My next share purchase will be at the start of the 2021 tax year apart from reinvesting dividends. I'll still be dipping here for an occasional dose of success bias in action though. 


    sorry to hijack this post
    i was looking at an all world tracker is VWRP the accumulation version of VWRL? also VWRP was only launched 9 months ago, is there any risk involved with a newer etf?
    Thanks 
  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Post of the Month
    I've decided I don't have an investment edge and am happy to accept that today's price is the correct price. Of course I wish I had bought VWRL ten days ago when prices were somewhat lower but if wishes were horses beggars would ride (and I didn't have the cash)
    sorry to hijack this post
    i was looking at an all world tracker is VWRP the accumulation version of VWRL? also VWRP was only launched 9 months ago, is there any risk involved with a newer etf?
    In this case, what you are looking at is simply a different share class of the same ETF. It's a $4.8 billion ETF, with most invested via the longer-established distributing classes (VWRD, VWRL) and about a sixth of it in the newer (accumulating) classes (VWRA, VWRP) - but fundamentally you're taking exposure to the same product and underlying investment instruments. 
  • worldtraveller
    worldtraveller Posts: 14,013 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    CLOSING NUMBERS FROM YESTERDAY:
    FTSE 100 @ 5,791 - DOWN 25% FROM PEAK
    FTSE 250 @ 16,083 - DOWN 27% FROM PEAK
    FTSE ALL SHARE @ 3,200 - DOWN 25% FROM PEAK
    DOW JONES @ 23,950 - DOWN 19% FROM PEAK
    NASDAQ @ 8,516 - DOWN 13% FROM PEAK
    There is a pleasure in the pathless woods, There is a rapture on the lonely shore, There is society, where none intrudes, By the deep sea, and music in its roar: I love not man the less, but Nature more...
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