Liquidate entire portfolio until virus is over?

Alexland

This morning an MSCI World accumulating tracker such as SWDA only seems to be down around 15% from peak and back to values seen around 12 months ago. With the additional contributions, reinvested dividends and tilt into risk then looking at my overall account valuations this morning it's not obvious that a crash had happened.

bargainhunter888

Alexland said:

This morning an MSCI World accumulating tracker such as SWDA only seems to be down around 15% from peak and back to values seen around 12 months ago. With the additional contributions, reinvested dividends and tilt into risk then looking at my overall account valuations this morning it's not obvious that a crash had happened.

i only bought in a small amount of SWDA last week at 4240p, now it's at 4350p wondering whether i should just load up and not look at it again, it is a long term investment or should i hang on for a pullback next week? what are your thoughts?

JohnRo

bargainhunter888 said:

Alexland said:

This morning an MSCI World accumulating tracker such as SWDA only seems to be down around 15% from peak and back to values seen around 12 months ago. With the additional contributions, reinvested dividends and tilt into risk then looking at my overall account valuations this morning it's not obvious that a crash had happened.

i only bought in a small amount of SWDA last week at 4240p, now it's at 4350p wondering whether i should just load up and not look at it again, it is a long term investment or should i hang on for a pullback next week? what are your thoughts?

Stop gambling and start investing.

JohnRo

NorthernJoe said:

JohnRo said:

Yawn... how do I stop/block thread notifications?

Profile > notifications settings 

Cheers I can do that but what I meant was how to stop just one particular thread, as this one has run it's course (imo).

[Deleted User]

JohnRo said:

NorthernJoe said:

JohnRo said:

Yawn... how do I stop/block thread notifications?

Profile > notifications settings 

Cheers I can do that but what I meant was how to stop just one particular thread, as this one has run it's course (imo).

If you look at the top of this thread it says 'bookmark'. Click on it to un-bookmark it.

Alexland

bargainhunter888 said:

i only bought in a small amount of SWDA last week at 4240p, now it's at 4350p wondering whether i should just load up and not look at it again, it is a long term investment or should i hang on for a pullback next week? what are your thoughts?

The markets have recovered enough that there isn't clear benefit in exposing yourself to volatility above a sensible asset allocation for your circumstances. The risk vs long term potential reward profile for going heavy on equities was looking a lot more attractive a few weeks ago when the markets were in panic mode.

bargainhunter888

Alexland said:

bargainhunter888 said:

i only bought in a small amount of SWDA last week at 4240p, now it's at 4350p wondering whether i should just load up and not look at it again, it is a long term investment or should i hang on for a pullback next week? what are your thoughts?

The markets have recovered enough that there isn't clear benefit in exposing yourself to volatility above a sensible asset allocation for your circumstances. The risk vs long term potential reward profile for going heavy on equities was looking a lot more attractive a few weeks ago when the markets were in panic mode.

Yeh, i know they have recovered, i was just thinking it may still be a good opportunity with it being 15% down it's still a discount. just dont know what it will bring next week, just dont know why it's recovering given the situation especially in America

Alistair31

bargainhunter888 said:

Alexland said:

bargainhunter888 said:

i only bought in a small amount of SWDA last week at 4240p, now it's at 4350p wondering whether i should just load up and not look at it again, it is a long term investment or should i hang on for a pullback next week? what are your thoughts?

The markets have recovered enough that there isn't clear benefit in exposing yourself to volatility above a sensible asset allocation for your circumstances. The risk vs long term potential reward profile for going heavy on equities was looking a lot more attractive a few weeks ago when the markets were in panic mode.

Yeh, i know they have recovered, i was just thinking it may still be a good opportunity with it being 15% down it's still a discount. just dont know what it will bring next week, just dont know why it's recovering given the situation especially in America

Some stocks are even trading at all time highs, this in the middle of possibly the biggest recession ever. Could be wildly wrong but I think the best buying opportunities are yet to come. 

Alexland

bargainhunter888 said:

i was just thinking it may still be a good opportunity with it being 15% down it's still a discount.

Some underlying companies are damaged so you are gettting "less for less" similar to buying a small packet of crisps.

Prism

bargainhunter888 said:

Alexland said:

bargainhunter888 said:

i only bought in a small amount of SWDA last week at 4240p, now it's at 4350p wondering whether i should just load up and not look at it again, it is a long term investment or should i hang on for a pullback next week? what are your thoughts?

The markets have recovered enough that there isn't clear benefit in exposing yourself to volatility above a sensible asset allocation for your circumstances. The risk vs long term potential reward profile for going heavy on equities was looking a lot more attractive a few weeks ago when the markets were in panic mode.

Yeh, i know they have recovered, i was just thinking it may still be a good opportunity with it being 15% down it's still a discount. just dont know what it will bring next week, just dont know why it's recovering given the situation especially in America

The price of the world index is simply what it is. Best not to think about if the price is a discount or premium, cheap or expensive. Don't try to predict what might happen next. You may be right or wrong. Opinions are guesswork. The only assumption worth holding is that over the long term equities are likely to be one of the best performers when it comes to increasing wealth. Just find your allocation and then stick to it and let the price take care of itself. 
When it comes to individual companies, especially smaller ones, there is a case to be made that you can sometimes pick up shares that have become 'cheaper' than they should be. However its difficult to do and you would be in competition with all of the other fund managers and retail investors of the world.