Unexpected Increase in Investment Value

_pete_

My SIPP is made up of Vanguard LS60 and HSBC's balanced equivalent.  It appears to have increased in value by 2% over the past few days.  Obviously a pleasant surprise, but I was wondering why... dividends? currency movement? something else?

benbay001

Its 2%, markets move. What do you expect?

eskbanker

_pete_ said:

My SIPP is made up of Vanguard LS60 and HSBC's balanced equivalent.  It appears to have increased in value by 2% over the past few days.  Obviously a pleasant surprise, but I was wondering why... dividends? currency movement? something else?

If this amount of movement is a surprise to you, you're going to be in for some serious shocks in future!

_pete_

benbay001 said:

Its 2%, markets move. What do you expect?

eskbanker said:

_pete_ said:

My SIPP is made up of Vanguard LS60 and HSBC's balanced equivalent.  It appears to have increased in value by 2% over the past few days.  Obviously a pleasant surprise, but I was wondering why... dividends? currency movement? something else?

If this amount of movement is a surprise to you, you're going to be in for some serious shocks in future!

Fair enough!  Bizarrely, I was quite sanguine about the 20% drop when Covid struck last year.  I guess I couldn't see a reason for the move (unlike when the pound dropped against the dollar around the time of Brexit.)

Alexland

Global equity markets were powering ahead last week on expectations of post virus earnings growth and inflation. It was a very good week for our investments.

Johnnyboy11

VLS60 was flat yesterday, which I think odd.

_pete_

Johnnyboy11 said:

VLS60 was flat yesterday, which I think odd.

Yes, I think it's the HSBC element of my portfolio which has gained the most.

Linton

And the £ has dropped by 1-2% in the past few days.

Thrugelmir

_pete_ said:

 something else?

The underlying price of the assets has moved. During trading hours, individual stocks and shares will be in a constant state of flux.  Look at the individual fund prices that make up the VLS60. This will provide a clue as to which funds contributed to the gain. Might be stocks or simply could be currency movement.

End of the quarter in the US. Investor expectations will be building for the recovery and the impact of Biden's spending plans. What will be key is the companies own view of the immediate future. 

darkidoe

The temperature where I am at dropped to 4 degrees tonight. It's gonna be chilly. 

csgohan4

2-5% seem to be the norm. When it hits 10-20% I start get nervous. I have stop losses on some of my stocks. But depends on your risk appetite