Economy crash =/= stock market crash?

Type_45

There is nowhere to hide today.  Not even gold/silver.  Cash is king!

masonic

Type_45 said:

There is nowhere to hide today.  Not even gold/silver.  Cash is king!

S&P500 now in a bear market. RICA is my only holding not in the red today.

Sea_Shell

It's like a giant bungee jump!!!

You just hope you eventually stop falling and bounce back up, then down, then up, then down...🤮

Either that or the elastic snaps and you fall to your death🤕☠️

Type_45

masonic said:

Type_45 said:

There is nowhere to hide today.  Not even gold/silver.  Cash is king!

S&P500 now in a bear market. RICA is my only holding not in the red today.

My portfolio, and the assets I monitor, look like a murder scene.

This is why a decent cash allocation is important. Not simply for days like today to protect money, but because one of these days bargains will be available. And I'm looking at gold/silver when they collapse in price too, as I'd expect them to bounce back strongly and make a good profit.

masonic

Type_45 said:

masonic said:

Type_45 said:

There is nowhere to hide today.  Not even gold/silver.  Cash is king!

S&P500 now in a bear market. RICA is my only holding not in the red today.

My portfolio, and the assets I monitor, look like a murder scene.

This is why a decent cash allocation is important. Not simply for days like today to protect money, but because one of these days bargains will be available. And I'm looking at gold/silver when they collapse in price too, as I'd expect them to bounce back strongly and make a good profit.

The VIX index is now up in the mid-30s, approaching its one year high and not far of levels not seen since the Covid crash (where it peaked at 66). Fear is really starting to take hold.

The trouble with holding a lot of cash is that the pound is again on the slide, and with UK inflation predicted to be more persistent here than other developed economies, then it pays to diversify and avoid local currency risk where your normal investments wouldn't be exposed to sterling. The difficulty has been choosing wisely within the fixed interest sector, or elsewhere. I'd normally have a decent bond holding, but am glad not to have stuck with that in recent years. Gold has done ok in general, but not as well as some might have believed; crypto can be once and for all discarded as an inflation hedge; TIPS have been the star of bond markets; REITs have had mixed results, but property valuations are set to come under pressure. I personally loaded up on wealth preservation funds and these have not disappointed so far, but anything could happen in the coming weeks and months. I'll need to do some rebalancing soon, but not yet.

Zola.

Global all cap only down 1.89%. 

anonmoose

Sorry can someone briefly explain currency risk?  So for example I have Vanguard Global all cap, but that is in GBP so does that mean I don't have to consider currency risk even though its a global tracker?  Or is the currency risk still there at the price you buy?

What examples of funds are exposed to currency risk?  Or is this nothing for the novice DIY investor using vanguard to be concerned.  

Apologies I know this is probably a stupid question but I am new to all this and learning all the time on this forum.

masonic

Zola. said:

Global all cap only down 1.89%. 

Who has today's price so early in the day?

RyanHello

Bitcoin about the crash into nothing... 

Type_45

masonic said:

Type_45 said:

masonic said:

Type_45 said:

There is nowhere to hide today.  Not even gold/silver.  Cash is king!

S&P500 now in a bear market. RICA is my only holding not in the red today.

My portfolio, and the assets I monitor, look like a murder scene.

This is why a decent cash allocation is important. Not simply for days like today to protect money, but because one of these days bargains will be available. And I'm looking at gold/silver when they collapse in price too, as I'd expect them to bounce back strongly and make a good profit.

The VIX index is now up in the mid-30s, approaching its one year high and not far of levels not seen since the Covid crash (where it peaked at 66). Fear is really starting to take hold.

The trouble with holding a lot of cash is that the pound is again on the slide, and with UK inflation predicted to be more persistent here than other developed economies, then it pays to diversify and avoid local currency risk where your normal investments wouldn't be exposed to sterling. The difficulty has been choosing wisely within the fixed interest sector, or elsewhere. I'd normally have a decent bond holding, but am glad not to have stuck with that in recent years. Gold has done ok in general, but not as well as some might have believed; crypto can be once and for all discarded as an inflation hedge; TIPS have been the star of bond markets; REITs have had mixed results, but property valuations are set to come under pressure. I personally loaded up on wealth preservation funds and these have not disappointed so far, but anything could happen in the coming weeks and months. I'll need to do some rebalancing soon, but not yet.

It has to be gold. I know it hasn't performed as well as would be expected, but it's the one thing almost everyone agrees on.

Gold has performed slightly better than Capital Gearing Trust today.

I think it will crash along with everything else, though, so perhaps some SGLN (or preferably physical sovereigns/Britannias) would be a good opportunity at that stage. Along with SSLN and silver Britannias (although the VAT on physical silver puts me off).