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Economy crash =/= stock market crash?

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  • Type_45
    Type_45 Posts: 1,723 Forumite
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    My mining stock GJGB should just go to zero and get this over with.  
  • Type_45
    Type_45 Posts: 1,723 Forumite
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    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: 2,929 Forumite
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    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%)
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    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.
    Broadly, the market is down about 20%. So you're entirely in keeping with that.

    It's no surprise, of course, that the frequenters of this board are the outliers who are beating those odds. It's absolutely expected.
  • Alistair31
    Alistair31 Posts: 981 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    Could be worse (benchmark is FTSE all share)


  • Swipe
    Swipe Posts: 5,653 Forumite
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    Type_45 said:
    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.
    Broadly, the market is down about 20%. So you're entirely in keeping with that.


    60% more to go then?
  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    Swipe said:
    Type_45 said:
    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.
    Broadly, the market is down about 20%. So you're entirely in keeping with that.


    60% more to go then?

    Yes.  Another 60% from the highs.  Doesn't seem so far down now, does it...
  • Prism
    Prism Posts: 3,848 Forumite
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    Just to add some example funds to see where we are at YTD.

    Vanguard FTSE All World     -9.3%
    Vanguard FTSE 100              +0.2%
    Vanguard Global Agg Bond  -11.2%
    iShares Physical gold           +10.4%
    iShares Global property        -10.1%
    iShares Global infrastructure +3.9%

    A nice balanced portfolio should be doing just fine with relatively low losses - worth say that some of those funds have been helped by the rising Dollar.

  • Type_45
    Type_45 Posts: 1,723 Forumite
    1,000 Posts Fifth Anniversary Name Dropper Combo Breaker
    edited 29 June 2022 at 9:13PM
    Prism said:
    Just to add some example funds to see where we are at YTD.

    Vanguard FTSE All World     -9.3%
    Vanguard FTSE 100              +0.2%
    Vanguard Global Agg Bond  -11.2%
    iShares Physical gold           +10.4%
    iShares Global property        -10.1%
    iShares Global infrastructure +3.9%

    A nice balanced portfolio should be doing just fine with relatively low losses - worth say that some of those funds have been helped by the rising Dollar.

    I'm calling for an 80% drop peak to trough. Not YTD.


    Gold looks good on that list!
  • masonic
    masonic Posts: 27,363 Forumite
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    edited 29 June 2022 at 9:19PM
    Type_45 said:
    I'm calling for an 80% drop peak to trough. Not YTD.
    The S&P500 peaked on 3rd Jan 2022, so YTD is pretty much from the peak.
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