Economy crash =/= stock market crash?

Thrugelmir

Audaxer said:

Thrugelmir said:

Stargunner said:

Thrugelmir said:

grumiofoundation said:

Thrugelmir said:

fizio said:

I have been overweight in cash last few months for various reasons so will see what happens next week and hopefully make some buys... 

What's happening next week? 

I have a teacher training day on Monday. 

Not a good day to be out of constant touch with the markets. 

Only if you are a day trader. What happens in any one day is irrelevant for the majority of us on here who are invested for the long term.

Even long term investors hold cash on occassions. 

Surely not for market timing? 

No one ever went broke by banking profits once in a while. 

Falls as was the case today offer opportunities to top up. The fundamentals of some companies haven't changed since yesterday. Red across the majority of the board is just a knee jerk reaction from market makers. I struggled to get a buy price on a FTSE250 share today. Liquidity dried up. 

Alistair31

I’ve about £20k looking for a home so hopefully there is some bloodletting next week. 

Audaxer

Thrugelmir said:

Audaxer said:

Thrugelmir said:

Stargunner said:

Thrugelmir said:

grumiofoundation said:

Thrugelmir said:

fizio said:

I have been overweight in cash last few months for various reasons so will see what happens next week and hopefully make some buys... 

What's happening next week? 

I have a teacher training day on Monday. 

Not a good day to be out of constant touch with the markets. 

Only if you are a day trader. What happens in any one day is irrelevant for the majority of us on here who are invested for the long term.

Even long term investors hold cash on occassions. 

Surely not for market timing? 

No one ever went broke by banking profits once in a while. 

Falls as was the case today offer opportunities to top up. 

They do provide opportunities, but as 3% is not a huge drop, do you hold off a bit longer to see if they drop further during next week? Or invest some of your overweight cash at the 3% fall and hold some cash back for possible further falls?

fizio

Audaxer said:

They do provide opportunities, but as 3% is not a huge drop, do you hold off a bit longer to see if they drop further during next week? Or invest some of your overweight cash at the 3% fall and hold some cash back for possible further falls?

Agree - I will probably invest some cash and then wait and see what happens for the rest of the week.. I don't see it as market timing but more a case of taking advantage of any dips..

george4064

Using SWDA.Lon as a reference, yesterdays drop took it back to the price it was at on 3rd November. Hardly a big drop, and as always you would’ve been better of investing earlier than waiting for a ‘buying opportunity’ whatever that may mean exactly.

I would like to assume the posters here with dry powder are doing so already with a suitably invested portfolio already in place, rather than deploying a ‘all or nothing’ strategy.

Audaxer

fizio said:

Audaxer said:

They do provide opportunities, but as 3% is not a huge drop, do you hold off a bit longer to see if they drop further during next week? Or invest some of your overweight cash at the 3% fall and hold some cash back for possible further falls?

Agree - I will probably invest some cash and then wait and see what happens for the rest of the week.. I don't see it as market timing but more a case of taking advantage of any dips..

I think it is sort of market timing, but I don't see a big problem if taking that opportunity to reinvest a bit of overweight cash. 

Audaxer

Sea_Shell said:

Thrugelmir said:

fizio said:

I have been overweight in cash last few months for various reasons so will see what happens next week and hopefully make some buys... 

What's happening next week? 

At a guess, most funds won't reflect today's drops in the market until then.

I know mine haven't reacted today.

I think most funds will have updated overnight. Just checked mine - some have fallen more than others, but overall not too bad.

Sea_Shell

Audaxer said:

Sea_Shell said:

Thrugelmir said:

fizio said:

I have been overweight in cash last few months for various reasons so will see what happens next week and hopefully make some buys... 

What's happening next week? 

At a guess, most funds won't reflect today's drops in the market until then.

I know mine haven't reacted today.

I think most funds will have updated overnight. Just checked mine - some have fallen more than others, but overall not too bad.

My funds (via the fidelity platform) update around 4.45pm on a working day, but appear to react to what happened the day before.

They show the same valuation today, and won't update until Monday afternoon, reflecting Friday's movements.

Audaxer

Sea_Shell said:

Audaxer said:

Sea_Shell said:

Thrugelmir said:

fizio said:

I have been overweight in cash last few months for various reasons so will see what happens next week and hopefully make some buys... 

What's happening next week? 

At a guess, most funds won't reflect today's drops in the market until then.

I know mine haven't reacted today.

I think most funds will have updated overnight. Just checked mine - some have fallen more than others, but overall not too bad.

My funds (via the fidelity platform) update around 4.45pm on a working day, but appear to react to what happened the day before.

They show the same valuation today, and won't update until Monday afternoon, reflecting Friday's movements.

That's surprising. When I looked at funds on AJ Bell they are all updated as at 26/11/21, which I'm sure relates to the price at close of play last night. 

Prism

Audaxer said:

Sea_Shell said:

Audaxer said:

Sea_Shell said:

Thrugelmir said:

fizio said:

I have been overweight in cash last few months for various reasons so will see what happens next week and hopefully make some buys... 

What's happening next week? 

At a guess, most funds won't reflect today's drops in the market until then.

I know mine haven't reacted today.

I think most funds will have updated overnight. Just checked mine - some have fallen more than others, but overall not too bad.

My funds (via the fidelity platform) update around 4.45pm on a working day, but appear to react to what happened the day before.

They show the same valuation today, and won't update until Monday afternoon, reflecting Friday's movements.

That's surprising. When I looked at funds on AJ Bell they are all updated as at 26/11/21, which I'm sure relates to the price at close of play last night. 

I would say it depends on when the valuation time is. A fund with an 11am valuation would pick up some of yesterdays UK, Europe and Japan fall but not the US one. Then again some funds use US futures and premarket quotes to help with this and others don't.