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Autumn Stock Market Crashes / Second wave

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  • Shock, horror, FTSE below 6000 and end of Trading Today :o:#:o:#

    ;)
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Shock, horror, FTSE below 6000 and end of Trading Today :o:#:o:#

    ;)
     FTSE EUROTOP 300 Index is still down 15% on it's 52 week high. Malaise isn't just restricted to the UK. 
  • Prism
    Prism Posts: 3,847 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    Shock, horror, FTSE below 6000 and end of Trading Today :o:#:o:#
    ;)
    The majority of my FTSE 100 companies (held through funds) are positive for the year, with a couple flat and a couple down. The FTSE 100 is pretty bad as an index but there are some resilient companies in there.
  • RetSol
    RetSol Posts: 553 Forumite
    Fifth Anniversary 500 Posts Photogenic Name Dropper
    edited 27 August 2020 at 6:02PM
    sebtomato said:
    As a second Covid-19 wave in the Autumn/Winter looks very likely, I guess we can brace ourselves for another stock market crash.
    What's the best way to proactively preparing for it?

    Create a long term investment strategy and resist the urge to keep fiddling with investments based on what might happen?
    Absolutely, @OldMusicGuy.  And then, for the next 12 months minimum, don't look, Ethel.  https://youtu.be/bxUfg3uCBbg. 
  • Sailtheworld
    Sailtheworld Posts: 1,551 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Shock, horror, FTSE below 6000 and end of Trading Today :o:#:o:#

    ;)
    Tomorrow if it's up by 0.02 points I'll be celebrating with lots of smileys and people will think I've lost the plot too.

    Anyone who is over exposed to the FTSE100 knows something everyone doesn't or is a bit clueless about diversification.

    Go global - get rich at leisure.
  • First day of Autumn tomorrow. Maybe the OP has a fully functioning crystal ball?

    It's the cat I'm still most worried about.
  • Prism
    Prism Posts: 3,847 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    First day of Autumn tomorrow. Maybe the OP has a fully functioning crystal ball?

    It's the cat I'm still most worried about.
    My mum told me that the cat went to live a happy life on a farm but I am beginning to suspect she may not have been telling the truth. Still not sure what any of it has to do with long term investing though.
  • noClue
    noClue Posts: 163 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    Oh well, this is expected...
  • ...
    Retired 1st July 2021.
    This is not investment advice.
    Your money may go "down and up and down and up and down and up and down ... down and up and down and up and down and up and down ... I got all tricked up and came up to this thing, lookin' so fire hot, a twenty out of ten..."
  • Why would anyone ever put their money in the FTSE anyway?
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