We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Where/how to invest £30K
Comments
-
Greed drives most players in the market not the technology. Musk only changed his tune due to the negative impact of the PR for Tesla generated by promoting Bitcoin.Flatulentoldgoat said:Bitcoin is at a good price right now, time to buy. I'd thoroughly recommend looking at Crypto (you don't need to understand the underlying technologies)3 -
Focussed sector funds, and active funds like BG American that holds just 47 companies, can be volatile and you must expect to see significant losses as well as gains. You must not focus on a single trade or a limited time span and let that influence a well considered strategy. Of course broad index trackers can also see big swings as my US Total Stock market index fund has been up and down by 3% in the last couple of days...sometimes doing nothing is a very viable strategy.swleventhal said:I've got very small SIPP investments (1% each) in BG Shin Nippon and Fidelity China Special Situations. I had planned on adding to those with this extra money. Those funds are currently 7% down on when I purchased them a couple of weeks ago. Again, these were historically good funds which are suffering now but maybe worth sticking with.
As @Thrugelmir mentioned, this will dilute the American concentration down somewhat.“So we beat on, boats against the current, borne back ceaselessly into the past.”0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards