Autumn Stock Market Crashes / Second wave

Prism

RolandFlagg said:

Why would anyone ever put their money in the FTSE anyway?

Well not the FTSE as an index, but in selected companies, sure why not?
I assume you mean the FTSE 100 rather than 250.

Voyager2002

"Today is a great day to buy!"

True or false?

Thrugelmir

Sailtheworld said:

quirkydeptless said:

Shock, horror, FTSE below 6000 and end of Trading Today

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.

More than happy with my FTSE100 shares.  The yield alone makes them worth buying. Better than being overly dependent on the performance of a just handful of very expensive overseas shares. 

Thrugelmir

RolandFlagg said:

Why would anyone ever put their money in the FTSE anyway?

Because no one else is. 

Sailtheworld

Thrugelmir said:

Sailtheworld said:

quirkydeptless said:

Shock, horror, FTSE below 6000 and end of Trading Today

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.

More than happy with my FTSE100 shares.  The yield alone makes them worth buying. Better than being overly dependent on the performance of a just handful of very expensive overseas shares. 

Happy with mine too. Couldn't tell you which ones they are though. The big ones I think.

TBC15

Voyager2002 said:

"Today is a great day to buy!"

True or false?

An old Klingon saying?

DireEmblem

TBC15 said:

Voyager2002 said:

"Today is a great day to buy!"

True or false?

An old Klingon saying?

That all depends on your viewpoint.  As long as your in for the long term, and don’t go into individual stocks then yes.  Anything less, unless you have insider dealing is 🎰  imo.

mystic_trev

Voyager2002 said:

"Today is a great day to buy!"

True or false?

I’ll tell you tomorrow!

Malone2020

Voyager2002 said:

"Today is a great day to buy!"

True or false?

As someone with a long term view I'd argue that it is. I haven't pulled the trigger on anything yet but I am watching. Not convinced we've seen the end of the dip yet so keeping the powder dry. Folly of trying to time the market, maybe, but still value to be gotten by catching it early enough on the way back up. 
Like others I am happy with the FTSE 100 shares I have - with the exception possibly of IAG but I'm going to load up on that in terms of the new rights issue with a long term hold in mind.
At the moment I'm sitting in a decent bit of cash that I've held onto until such further correction of the market (but did make a move on two companies in March). I had thought that post-Brexit might have been the opportune moment but maybe its here earlier than I anticipated. Still trying to decide whether to take up positions in new holdings or to load up on existing holdings. I have a position in Prudential - and have had for a while, pre demerger so I got M&G shares too - and have been toying with the idea of drip feeding into it. I've reinvested dividends so have a stronger position than I began with and I think it's good value from a long term perspective.
Anyone else planning on making any moves in the next day or two following today's slide? If so I'd be keen to hear if it's into new positions or bulking up on existing positions. Also, keen to see if there's particular shares anyone has been watching. I've had an eye on National Express for a while - localised lockdown obviously not great in the immediate term but its survival of the fittest and the fittest then mopping up the leftovers from the weak links that fell by the wayside. I'm big on buying defensive stocks that people 'need' (ie like National Grid) so maybe that has jaundiced my view of it... Maybe finally throwing money into a FTSE 100 tracker makes sense now? 

Thrugelmir

The London Markets are best suited to stock pickers. There's much I'd prefer not to own.  Would avoid a FTSE 100 tracker totally.