20% drop in 6 months.

steampowered

Roger175 said:

If by that you mean the FTSE100 is pretty much where is was 5 years ago, then that's true, but my Pensions/ISAs which are heavily invested in FTSE 100 companies have nevertheless increased significantly in that period due to the dividends received 

Over the past 5 years, the FTSE 100 has paid average dividends of 3.4% - 4.7% per year

Even if you had only invested in UK listed stocks (not advisable), you would still have made a decent profit due to the dividends. 

dunstonh

DE_612183 said:

same boat - I have Halifax / scottish widows - mainly going down but also goes up some days - I'm trying not to keep a daily check on it but it's hard!

One of the worse things about the EU directive that forced more frequent reporting.  Back when statements were once a year, most people didn't see the volatility and therefore didn't worry about it.

Sea_Shell

dunstonh said:

DE_612183 said:

same boat - I have Halifax / scottish widows - mainly going down but also goes up some days - I'm trying not to keep a daily check on it but it's hard!

One of the worse things about the EU directive that forced more frequent reporting.  Back when statements were once a year, most people didn't see the volatility and therefore didn't worry about it.

I still only receive "paper" statements once a year for my DC pensions.

On line access is a different matter!! 😉

It's like rubbernecking at a crash scene these last couple of months 😲

Step away from the login.

westv

Sea_Shell said:

dunstonh said:

DE_612183 said:

same boat - I have Halifax / scottish widows - mainly going down but also goes up some days - I'm trying not to keep a daily check on it but it's hard!

One of the worse things about the EU directive that forced more frequent reporting.  Back when statements were once a year, most people didn't see the volatility and therefore didn't worry about it.

I still only receive "paper" statements once a year for my DC pensions.

On line access is a different matter!! 😉

It's like rubbernecking at a crash scene these last couple of months 😲

Step away from the login.

There's something strangely "thrilling" when you see markets sliding down. You know you shouldn't want it but it gives a sort of buzz..
Maybe just me!

dunstonh

I still only receive "paper" statements once a year for my DC pensions.

Some pensions are exempt from MiFIDII.    Many providers of pensions only still keep them annual. Whereas providers that offer tax wrappers captured by MiFIDII do quarterly even when it isn't specifically necessary on the pension wrapper.

On line access is a different matter!! 😉

That is the real killer with inexperienced investors (or nervous investors).   If we had a period like 20 years ago where we had three negative years in a row, I cannot imagine how some of these daily checkers would have managed to remain invested.

Bravepants

A couple of my friends told me the other day that they wished that they had continued investing during the Covid fall! I pointed out that they are both in their mid-thirties and that what they actually want is a good old recession!

Strummer22

Bravepants said:

A couple of my friends told me the other day that they wished that they had continued investing during the Covid fall! I pointed out that they are both in their mid-thirties and that what they actually want is a good old recession!

Well, unless said recession means they lose their jobs

pensionpawn

tigerspill said:

The question for me is rather than selling a locking in losses, is whether to buy in more.  We have just inherited some money and trying to work out what to do with it (other than blowing it).
I have been considering a half/half split between CGT and PNL.

Have you heard the phrase "never try to catch a falling knife"? I would never buy on the way down however once growth has re-established I may jump in. So I'll never achieve the minimum price with this strategy however it should minimise further negative cost price averaging. However nothing in life is guaranteed they say, besides death and income tax (unless you live in the middle east).

Bravepants

Strummer22 said:

Bravepants said:

A couple of my friends told me the other day that they wished that they had continued investing during the Covid fall! I pointed out that they are both in their mid-thirties and that what they actually want is a good old recession!

Well, unless said recession means they lose their jobs

It wouldn't.

tigerspill

pensionpawn said:

tigerspill said:

The question for me is rather than selling a locking in losses, is whether to buy in more.  We have just inherited some money and trying to work out what to do with it (other than blowing it).
I have been considering a half/half split between CGT and PNL.

Have you heard the phrase "never try to catch a falling knife"? I would never buy on the way down however once growth has re-established I may jump in. So I'll never achieve the minimum price with this strategy however it should minimise further negative cost price averaging. However nothing in life is guaranteed they say, besides death and income tax (unless you live in the middle east).

If you are investing for the long term, this isnt really true?  In the "V" of down and up, a price bought at on the way down, will be repeated on the way up.  But you will be invested longer and achieve dividends in that period.  So surely investing on the way down on the whole is better?