Economy crash =/= stock market crash?

Swipe

Type_45 said:

I think commodities may have peaked for now. 

The fund I sold (CMFP) seems to be struggling of late. 

Where will you store that money now?

Bobziz

Swipe said:

Type_45 said:

I think commodities may have peaked for now. 

The fund I sold (CMFP) seems to be struggling of late. 

Where will you store that money now?

Under the bed next to the beans ?

Type_45

Swipe said:

Type_45 said:

I think commodities may have peaked for now. 

The fund I sold (CMFP) seems to be struggling of late. 

Where will you store that money now?

It's sitting in cash in my S&S account at the moment.

Type_45

renegade1 said:

Type_45 said:

Another red day for FTSE after a promising start. FTSE 100 down 0.97%. FTSE 250 down 1.05%.

Up days and down days. But the trend is down.

gold miners 3x as bad as that... down 3%
https://www.hl.co.uk/shares/shares-search-results/v/vaneck-vectors-junior-gold-miners-ucits-etf

Asides from crypto, the worse investment decision I've made as things currently stand.  Seems I bought at exactly the wrong time.

Type_45

CGT down 1.51%.  Yikes.  So much for "preserving wealth".

masonic

Type_45 said:

CGT down 1.51%.  Yikes.  So much for "preserving wealth".

Down 3.5% over the past few weeks, excluding the ex-dividend drop. It dropped by nearly 9% during the Covid crash and 10% during the gfc. It does not seek to eliminate short periods of negative performance and needs to be judged over the medium term. If a daily 1.5% drop makes you uncomfortable, then it is certainly not a fund to hold, but then again neither is any investment discussed in this thread.

bd10

Had a quick look, CGT typically hardly moves on a daily basis. Back in 07/08 and 00/01, CGT's maximum negative daily returns were -3.4% and -5.4%, so while not nice to watch, a -1.5% down day is not so wild when compared to similar periods in the past.

masonic

Up 1% just after markets open this morning, cancelling out much of the dip that occurred just before markets closed yesterday.

However, let's not forget...

adindas said:

Also, normally Friday is not a good day for the stock marker as the traders especially with leverage tend to close their position to avoid weekend fees.

InvesterJones

Swipe said:

Type_45 said:

I think commodities may have peaked for now. 

The fund I sold (CMFP) seems to be struggling of late. 

Where will you store that money now?

Tubs of lard seem like a wise investment

k6chris

InvesterJones said:

Swipe said:

Type_45 said:

I think commodities may have peaked for now. 

The fund I sold (CMFP) seems to be struggling of late. 

Where will you store that money now?

Tubs of lard seem like a wise investment

I'm long lard.