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Economy crash =/= stock market crash?

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  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
    500 Posts Second Anniversary Name Dropper Photogenic
    edited 29 June 2022 at 7:27AM
    So far 108 pages of doom but she carries on going. People can be squeezed, doesn't mean they will burst. There are ways to make additional income to keep afloat. One may work on the weekend, stop luxury, eat less etc. A little inconvenient. But I would say tough is being on the street. If you still have a roof over your head its just inconvenient and you do get used to things being different. If someone told me 10 years ago what my life would be like now I would have said impossible. You are tougher than you think.
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    edited 29 June 2022 at 8:41AM
    Type_45 said:
    GSP said:
    Type_45 said:
    Since I bought VANECK UCITS ETFS VANECK VECTORS JNR GOLD MIN  (GJGB) on 19 April its lost 27.85% of it's value.  An absolute horror show.  Haemorrhages money pretty much every day.

    I should have made the decision to have a certain stop on it and sold it before now.  I don't feel I can do that anymore.

    It currently represents 13.40% of my portfolio, so it's not hurting too much.  It's just annoying.

    Of course, it pales into insignificance compared to my crypto losses.


    Well as long as you can still afford enough baked beans to keep you going between 3 months and what is it 24 months now of ‘rough times ahead’.
    And also enough around you to protect your ‘wealth’ what’s left of it in a world where ‘currency’ has a new meaning and trades are done on a daily basis to stay alive.
    Thinking something as bad as Zombie fleasheaters the impression you give how bad things will be.

    incidentally, if you say nearly 15% of your portfolio is a horrow show, but this pales into insignificance of your cryto losses, just how well are you doing?

    What % is your portfolio down from its highest point?
    Just to show off a bit, mine's about 6% down from it's highest recent point.  Heavily FTSE100 and FTSE250 weighted individual shares across a wide range of industries and companies.
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    lozzy1965 said:
    Type_45 said:
    GSP said:
    Type_45 said:
    Since I bought VANECK UCITS ETFS VANECK VECTORS JNR GOLD MIN  (GJGB) on 19 April its lost 27.85% of it's value.  An absolute horror show.  Haemorrhages money pretty much every day.

    I should have made the decision to have a certain stop on it and sold it before now.  I don't feel I can do that anymore.

    It currently represents 13.40% of my portfolio, so it's not hurting too much.  It's just annoying.

    Of course, it pales into insignificance compared to my crypto losses.


    Well as long as you can still afford enough baked beans to keep you going between 3 months and what is it 24 months now of ‘rough times ahead’.
    And also enough around you to protect your ‘wealth’ what’s left of it in a world where ‘currency’ has a new meaning and trades are done on a daily basis to stay alive.
    Thinking something as bad as Zombie fleasheaters the impression you give how bad things will be.

    incidentally, if you say nearly 15% of your portfolio is a horrow show, but this pales into insignificance of your cryto losses, just how well are you doing?

    What % is your portfolio down from its highest point?
    Just to show off a bit, mine's about 6% down from it's highest recent point.  Heavily FTSE100 and FTSE250 weighted individual shares across a wide range of industries and companies.
    You're very diversified within one asset class then. 
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    Type_45 said:
    lozzy1965 said:
    Type_45 said:
    GSP said:
    Type_45 said:
    Since I bought VANECK UCITS ETFS VANECK VECTORS JNR GOLD MIN  (GJGB) on 19 April its lost 27.85% of it's value.  An absolute horror show.  Haemorrhages money pretty much every day.

    I should have made the decision to have a certain stop on it and sold it before now.  I don't feel I can do that anymore.

    It currently represents 13.40% of my portfolio, so it's not hurting too much.  It's just annoying.

    Of course, it pales into insignificance compared to my crypto losses.


    Well as long as you can still afford enough baked beans to keep you going between 3 months and what is it 24 months now of ‘rough times ahead’.
    And also enough around you to protect your ‘wealth’ what’s left of it in a world where ‘currency’ has a new meaning and trades are done on a daily basis to stay alive.
    Thinking something as bad as Zombie fleasheaters the impression you give how bad things will be.

    incidentally, if you say nearly 15% of your portfolio is a horrow show, but this pales into insignificance of your cryto losses, just how well are you doing?

    What % is your portfolio down from its highest point?
    Just to show off a bit, mine's about 6% down from it's highest recent point.  Heavily FTSE100 and FTSE250 weighted individual shares across a wide range of industries and companies.
    You're very diversified within one asset class then. 
    My view is that most 'proper' investments all tend to follow the same trend.  If one is into enough wide ranging companies then you get global reach and industry diversification.  The knock on effect of asset classes is encompassed by actual companies.
  • GazzaBloom
    GazzaBloom Posts: 827 Forumite
    Fifth Anniversary 500 Posts Photogenic Name Dropper
    edited 29 June 2022 at 10:23AM
    I'm no visionary but am about 7% down year to date including contributions into 100% equities index funds. We hold 3 funds, one each for my pension, wife's pension and S&S ISA.

    No fannying around or piddling about with asset allocation here, just rising above the noise and buying in monthly regardless.

    The only thing I have done in significantly increase my salary sacrifice from March to buy more.
  • coastline
    coastline Posts: 1,662 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 29 June 2022 at 10:34AM
    lozzy1965 said:
    Type_45 said:
    lozzy1965 said:
    Type_45 said:
    GSP said:
    Type_45 said:
    Since I bought VANECK UCITS ETFS VANECK VECTORS JNR GOLD MIN  (GJGB) on 19 April its lost 27.85% of it's value.  An absolute horror show.  Haemorrhages money pretty much every day.

    I should have made the decision to have a certain stop on it and sold it before now.  I don't feel I can do that anymore.

    It currently represents 13.40% of my portfolio, so it's not hurting too much.  It's just annoying.

    Of course, it pales into insignificance compared to my crypto losses.


    Well as long as you can still afford enough baked beans to keep you going between 3 months and what is it 24 months now of ‘rough times ahead’.
    And also enough around you to protect your ‘wealth’ what’s left of it in a world where ‘currency’ has a new meaning and trades are done on a daily basis to stay alive.
    Thinking something as bad as Zombie fleasheaters the impression you give how bad things will be.

    incidentally, if you say nearly 15% of your portfolio is a horrow show, but this pales into insignificance of your cryto losses, just how well are you doing?

    What % is your portfolio down from its highest point?
    Just to show off a bit, mine's about 6% down from it's highest recent point.  Heavily FTSE100 and FTSE250 weighted individual shares across a wide range of industries and companies.
    You're very diversified within one asset class then. 
    My view is that most 'proper' investments all tend to follow the same trend.  If one is into enough wide ranging companies then you get global reach and industry diversification.  The knock on effect of asset classes is encompassed by actual companies.
    One of my bookmarks is the Market Summary link below. Select any Sector, Index, etc and you can see the general trend. If you want to go back further simply use the Sharp Chart symbol under the chart itself on the far left.

    Market Summary | StockCharts.com

    For example a UK banking stock compared to the $BNK index in the US.

    Barclays PLC, UK:BARC Advanced Chart - (LON) UK:BARC, Barclays PLC Stock Price - BigCharts.com (marketwatch.com)

    There's always differences as individual stocks have their own make up but generally trends are in the same direction. Sometimes you can think there's something wrong but it could well be the sector is just out of favour.

    Lloyds Banking Group PLC, UK:LLOY Advanced Chart - (LON) UK:LLOY, Lloyds Banking Group PLC Stock Price - BigCharts.com (marketwatch.com)

    Still positive..

    S&P 500 Could Be 30% Higher In The Next 12 Months (ibtimes.com)
  • lozzy1965
    lozzy1965 Posts: 549 Forumite
    Tenth Anniversary 500 Posts Name Dropper Photogenic
    edited 29 June 2022 at 2:22PM
    coastline said:
    lozzy1965 said:
    Type_45 said:
    lozzy1965 said:
    Type_45 said:
    GSP said:
    Type_45 said:
    Since I bought VANECK UCITS ETFS VANECK VECTORS JNR GOLD MIN  (GJGB) on 19 April its lost 27.85% of it's value.  An absolute horror show.  Haemorrhages money pretty much every day.

    I should have made the decision to have a certain stop on it and sold it before now.  I don't feel I can do that anymore.

    It currently represents 13.40% of my portfolio, so it's not hurting too much.  It's just annoying.

    Of course, it pales into insignificance compared to my crypto losses.


    Well as long as you can still afford enough baked beans to keep you going between 3 months and what is it 24 months now of ‘rough times ahead’.
    And also enough around you to protect your ‘wealth’ what’s left of it in a world where ‘currency’ has a new meaning and trades are done on a daily basis to stay alive.
    Thinking something as bad as Zombie fleasheaters the impression you give how bad things will be.

    incidentally, if you say nearly 15% of your portfolio is a horrow show, but this pales into insignificance of your cryto losses, just how well are you doing?

    What % is your portfolio down from its highest point?
    Just to show off a bit, mine's about 6% down from it's highest recent point.  Heavily FTSE100 and FTSE250 weighted individual shares across a wide range of industries and companies.
    You're very diversified within one asset class then. 
    My view is that most 'proper' investments all tend to follow the same trend.  If one is into enough wide ranging companies then you get global reach and industry diversification.  The knock on effect of asset classes is encompassed by actual companies.
    One of my bookmarks is the Market Summary link below. Select any Sector, Index, etc and you can see the general trend. If you want to go back further simply use the Sharp Chart symbol under the chart itself on the far left.

    Market Summary | StockCharts.com

    For example a UK banking stock compared to the $BNK index in the US.

    Barclays PLC, UK:BARC Advanced Chart - (LON) UK:BARC, Barclays PLC Stock Price - BigCharts.com (marketwatch.com)

    There's always differences as individual stocks have their own make up but generally trends are in the same direction. Sometimes you can think there's something wrong but it could well be the sector is just out of favour.

    Lloyds Banking Group PLC, UK:LLOY Advanced Chart - (LON) UK:LLOY, Lloyds Banking Group PLC Stock Price - BigCharts.com (marketwatch.com)

    Still positive..

    S&P 500 Could Be 30% Higher In The Next 12 Months (ibtimes.com)
    I'm a bit slow, so I'm not entirely sure what you are telling me :(
    I noticed that I was not very clear in my original post too though!  I guess I meant that generally speaking, if the economy is down then ones investments (as a whole) are likely to be down, and vice versa.  Notwithstanding hedge investments - which to my mind push more towards the gambling side of investing.
    One can get diversification across sectors as well as asset classes by investing purely in individual companies.  Obviously not as much diversification.
    I do have gut feeling thoughts that I can't always put into intelligible words which may of course be utter nonsense anyway!
    At least this thread is a good place for that though eh!
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    My mining stock GJGB should just go to zero and get this over with.  
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    lozzy1965 said:
    coastline said:
    lozzy1965 said:
    Type_45 said:
    lozzy1965 said:
    Type_45 said:
    GSP said:
    Type_45 said:
    Since I bought VANECK UCITS ETFS VANECK VECTORS JNR GOLD MIN  (GJGB) on 19 April its lost 27.85% of it's value.  An absolute horror show.  Haemorrhages money pretty much every day.

    I should have made the decision to have a certain stop on it and sold it before now.  I don't feel I can do that anymore.

    It currently represents 13.40% of my portfolio, so it's not hurting too much.  It's just annoying.

    Of course, it pales into insignificance compared to my crypto losses.


    Well as long as you can still afford enough baked beans to keep you going between 3 months and what is it 24 months now of ‘rough times ahead’.
    And also enough around you to protect your ‘wealth’ what’s left of it in a world where ‘currency’ has a new meaning and trades are done on a daily basis to stay alive.
    Thinking something as bad as Zombie fleasheaters the impression you give how bad things will be.

    incidentally, if you say nearly 15% of your portfolio is a horrow show, but this pales into insignificance of your cryto losses, just how well are you doing?

    What % is your portfolio down from its highest point?
    Just to show off a bit, mine's about 6% down from it's highest recent point.  Heavily FTSE100 and FTSE250 weighted individual shares across a wide range of industries and companies.
    You're very diversified within one asset class then. 
    My view is that most 'proper' investments all tend to follow the same trend.  If one is into enough wide ranging companies then you get global reach and industry diversification.  The knock on effect of asset classes is encompassed by actual companies.
    One of my bookmarks is the Market Summary link below. Select any Sector, Index, etc and you can see the general trend. If you want to go back further simply use the Sharp Chart symbol under the chart itself on the far left.

    Market Summary | StockCharts.com

    For example a UK banking stock compared to the $BNK index in the US.

    Barclays PLC, UK:BARC Advanced Chart - (LON) UK:BARC, Barclays PLC Stock Price - BigCharts.com (marketwatch.com)

    There's always differences as individual stocks have their own make up but generally trends are in the same direction. Sometimes you can think there's something wrong but it could well be the sector is just out of favour.

    Lloyds Banking Group PLC, UK:LLOY Advanced Chart - (LON) UK:LLOY, Lloyds Banking Group PLC Stock Price - BigCharts.com (marketwatch.com)

    Still positive..

    S&P 500 Could Be 30% Higher In The Next 12 Months (ibtimes.com)
    ... if the economy is down then ones investments (as a whole) are likely to be down, and vice versa...

    There is some truth to this.  Even with gold.  Gold, truth be told, has not been there (price-wise) when people have needed it the most.  It has not performed this year as many would have hoped.  And that's often been the case with it.
  • george4064
    george4064 Posts: 2,931 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 29 June 2022 at 5:34PM
    I'm no visionary but am about 7% down year to date including contributions into 100% equities index funds. We hold 3 funds, one each for my pension, wife's pension and S&S ISA.

    No fannying around or piddling about with asset allocation here, just rising above the noise and buying in monthly regardless.

    The only thing I have done in significantly increase my salary sacrifice from March to buy more.
    I'm down c. 19% on a performance basis, and including contributions I'm down c. 15%. Not a surprise at all with my Global All Equity IT/ETF portfolio, and with c. 30 years to when I need the funds I'm rather enjoying the downturn pick up cheaper units/shares.
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
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