Preparing for the Crash

IamWood

I am about to invest a reasonable lumpsum into my pension fund. Will I wait & see how the markets are going to move to take some timing advantage?

Stargunner

Steve182 said:

Maybe the crash has started today..?
Most of my core holdings hammered today, I'm over £32K down today.
JD.com -7.9%
Scottish Mortgage -5.9%
Ishares Global Clean Energy ETF -6.1%
Tencent Holdings -5.5%
Am I selling?....no..

You could be more than £32k down today with SMT currently over 9% down and INRG down 7.5%

[Deleted User]

This guy just made a video that may be useful

https://www.youtube.com/watch?v=JAdqhhuHX_E

ChilliBob

Wondering if it's worth buying any smt in the coming days if it slips go a discount. Tempting but I think I might be being a bit too reactive as opposed to following a plan. Aka running into tesco and getting stuff with yellow stickers for dinner rather than sticking go my list. (something I do all the time in typical mse fashion lol) 

Thrugelmir

bd10 said:

I could not help my to draw a little comparison to two decades back when Cisco was everyone's darling (others I couldn't find as Yahoo's history is a bit spotty and delisted/merged/bancrupt share prices are diffifult to come by). Anyways:

Six companies currently make up well over 50% of Nasdaq's value. 

coastline

Thrugelmir said:

bd10 said:

I could not help my to draw a little comparison to two decades back when Cisco was everyone's darling (others I couldn't find as Yahoo's history is a bit spotty and delisted/merged/bancrupt share prices are diffifult to come by). Anyways:

Six companies currently make up well over 50% of Nasdaq's value. 

Looking at the SP 500 and Nasdaq there's not a lot in it regarding domination surrounding the top ten companies etc.
Analysis of the S&P 500 (slickcharts.com)
Analysis of the Nasdaq 100 (slickcharts.com)
If you open each of the top ten here some are on forward P/E's under 30. Not saying they are correctly valued but certainly not at dot.com valuations.
Analysis of the Nasdaq 100 (slickcharts.com)
The SP 500 isn't way above it 2018 highs of 2800 either when you look. Many are just taking the starting point from the 2020 lows as it looks extreme. No doubt there'll be a correction at some point.

Michael121

coastline said:

Thrugelmir said:

bd10 said:

I could not help my to draw a little comparison to two decades back when Cisco was everyone's darling (others I couldn't find as Yahoo's history is a bit spotty and delisted/merged/bancrupt share prices are diffifult to come by). Anyways:

Six companies currently make up well over 50% of Nasdaq's value. 

Looking at the SP 500 and Nasdaq there's not a lot in it regarding domination surrounding the top ten companies etc.
Analysis of the S&P 500 (slickcharts.com)
Analysis of the Nasdaq 100 (slickcharts.com)
If you open each of the top ten here some are on forward P/E's under 30. Not saying they are correctly valued but certainly not at dot.com valuations.
Analysis of the Nasdaq 100 (slickcharts.com)
The SP 500 isn't way above it 2018 highs of 2800 either when you look. Many are just taking the starting point from the 2020 lows as it looks extreme. No doubt there'll be a correction at some point.

500 point gain a year on 2018 high is one hell of a return.

BrockStoker

ChilliBob said:

Wondering if it's worth buying any smt in the coming days if it slips go a discount. Tempting but I think I might be being a bit too reactive as opposed to following a plan. Aka running into tesco and getting stuff with yellow stickers for dinner rather than sticking go my list. (something I do all the time in typical mse fashion lol) 

If you have turkey on your shopping list, and you head off to Tesco, whereupon you find turkeys on clearance (reduced from £25 to £5), then there's really no reason not to buy some turkey! If it was me, and I liked turkey, you can bet the freezer would be stuffed full of them

Grab yourself some SMT!

Thrugelmir

coastline said:

Thrugelmir said:

bd10 said:

I could not help my to draw a little comparison to two decades back when Cisco was everyone's darling (others I couldn't find as Yahoo's history is a bit spotty and delisted/merged/bancrupt share prices are diffifult to come by). Anyways:

Six companies currently make up well over 50% of Nasdaq's value. 

The SP 500 isn't way above it 2018 highs of 2800 either when you look. Many are just taking the starting point from the 2020 lows as it looks extreme. No doubt there'll be a correction at some point.

Would be a valid comparison if the constituents of the index were the same but their not. As with all major indexes there are promotions, relegations, takeovers and companies that go bust. 

Steve182

Bobziz said:

Steve182 said:

Bobziz said:

Steve182 said:

Maybe the crash has started today..?
Most of my core holdings hammered today, I'm over £32K down today.
JD.com -7.9%
Scottish Mortgage -5.9%
Ishares Global Clean Energy ETF -6.1%
Tencent Holdings -5.5%
Am I selling?....no....

You hold SMT and TCEHY separately too ?

Well not TCEHY as such as that's the ADR version. AJ Bell would only sell me Tencent shares listed in HK when I bought them a couple of years ago. Essentially the answer to your question is yes I do hold Tencent shares directly, as well as indirectly through SMT.

I'm guessing you have a 20+ year investing timescale. To borrow a line from one of my favourite films, most portfolio risk goes up to 10, yours goes up to 11. 

My portfolio timescale is until I die or go insane. Currently I'm 52. I may start spending some money from investments from 4 to 6 years onwards if I decide to retire then. If I cannot because of not wanting to sell in a dip, so be it, I can work a little longer.