Markets and funds rising this week

sevenhills

older_and_no_wiser said:

I've got very little invested in individual shares. Don't think my nerves could stand too much of that. Most of my portfolio is in global trackers and multi asset equity rich funds. A few actively managed funds in micro and small UK companies and China/Japan. 

I look at my 14 shares, some up and some down, every month or so there is hopefully one or two in profit enough for me to sell.

Providing I have come across one to buy. I did have a China based fund, but I find UK news easier to handle than a war between China and Taiwan.

Albermarle

Apart from equity markets , even the bond markets have recovered some recent losses.

Thrugelmir

Albermarle said:

Apart from equity markets , even the bond markets have recovered some recent losses.

No interest rate moves from any of the major Central Banks this month.  Next month we'll dance again. 

Sea_Shell

Just looked at my ISAs after today's price update.

😲😲😲😲

Modest swings on a decent pot = ££££

csgohan4

older_and_no_wiser said:

sevenhills said:

When people ask for investing advice and warn against individual shares, individual shares can be addictive, so it's good that you want to invest more.

If you are checking often, you can sell at the peaks, which I did with Metro Bank yesterday, lucky guess, they may go up more.

I've got very little invested in individual shares. Don't think my nerves could stand too much of that. Most of my portfolio is in global trackers and multi asset equity rich funds. A few actively managed funds in micro and small UK companies and China/Japan. 

Brave to be in China/ Japan, I got rid of specific china fund sometime ago at a small profit. Some exposure remains through a pacific ex japan fund

I have a large holding in airlines and RR, seems to be a rollercoaster ride last 12 months, but thankfully in the green. The last few months has been a bit nerve wracking, but you take the pain with the gain. 

bostonerimus

Alexland said:

bostonerimus said:

Short term volatility is meaningless, choose your investments wisely and stop looking at them.

It's a bit like looking out of the window on a long car journey or do you prefer to travel in dark tunnels? I would rather observe what is happening to get a good feel for the environment.

annabanana82 said:

I have not experienced the dips, lows and crashes but I think if I obsessed about the highs, then how would I react when it goes the other way?

I have tended to be more concerned when markets are unexpectedly frothy and accounts achieve new high valuation levels for the first time. It's much more comfortable seeing low account valuations and depressed asset prices as there is less downside risk so new contributions and dividend reinvestment will have better future prospects. I tend to do some calculations on how much better those accounts will look when unit prices next get back to previous highs.

With increasing amounts invested during the past 3 market crashes each one helped prepare me for the next one when even more money is at risk. Despite an ever present backdrop of inflation there is still a snowballing of real returns that happens if you take enough risk, keep fees low and wait long enough enduring whatever storms happen along the way. Even at a high rate of contribution the new money becomes a less significant factor over time.

Our snowball is now up to around a million in S&S investments and the daily volatility is around the price of a car so sometimes I think about derisking but then I am only really happy in equities and there is at least another market cycle before we would need to start drawing the income so I think "whatever" and stick to the plan. Accumulated gains help as our largest account has more than doubled in value so even if markets crashed 50% or more tomorrow then our original capital is generally safe.

The thing is you aren't seeing anything other than noise. If you are broadly invested I would only watch the asset allocation not the absolute values of the investments.

redpete

I love playing with numbers and happy to log prices / values once a week.  Decisions on rebalancing etc. are a lot less frequent, between 6 and 12 months with interim one-offs if I get a significant lump sum to put in.

Main impact of the significant rises this week is that the monthly pension contribution due next week will buy fewer units.

MarkCarnage

 have tended to be more concerned when markets are unexpectedly frothy and accounts achieve new high valuation levels for the first time. It's much more comfortable seeing low account valuations and depressed asset prices as there is less downside risk so new contributions and dividend reinvestment will have better future prospects. 

Your name is Warren Buffett and I claim my £100.....

Alexland

MarkCarnage said:

Your name is Warren Buffett and I claim my £100.....

I'd rather be young than that wealthy!

MX5huggy

Alexland said:

MarkCarnage said:

Your name is Warren Buffett and I claim my £100.....

I'd rather be young than that wealthy!

As long as you don’t have to live in Charlie Munger’s chicken coop. https://www.theguardian.com/artanddesign/2021/nov/04/torture-experiment-architects-appalled-windowless-student-megadorm