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How much longer will this bear market go on for?

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Comments

  • Swipe
    Swipe Posts: 5,654 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Bullish day on Wall St
  • Swipe
    Swipe Posts: 5,654 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 13 August 2022 at 7:25AM
    My portfolio is back to 5th January all time high levels now. £80K of losses fully recovered.
  • Swipe
    Swipe Posts: 5,654 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 13 August 2022 at 8:19AM
    94% probability that the bottom is in

    https://www.youtube.com/watch?v=5ITDzmzes8I
  • Stargunner
    Stargunner Posts: 998 Forumite
    Fifth Anniversary 500 Posts Name Dropper
    Global equity trackers are only around 3-4 
    % down on their all time highs, which is quite remarkable considering the S&P and Dow are around 10% down from their highs and the Nasdaq is still 20% down.
  • Swipe said:
    My portfolio is back to 5th January all time high levels now. £80K of losses fully recovered.
    Wow what is the size of your portfolio?
  • masonic
    masonic Posts: 27,382 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 13 August 2022 at 11:25AM
    Global equity trackers are only around 3-4 
    % down on their all time highs, which is quite remarkable considering the S&P and Dow are around 10% down from their highs and the Nasdaq is still 20% down.

    Currency risk acting in UK Investors' advantage. It cuts both ways though, as the weaker pound will have less spending power and new investments will be more costly. If the pound strengthens it will go the other way.
  • Swipe
    Swipe Posts: 5,654 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 13 August 2022 at 11:38AM
    renegade1 said:
    Swipe said:
    My portfolio is back to 5th January all time high levels now. £80K of losses fully recovered.
    Wow what is the size of your portfolio?
    I hold a popular global index. I'm sure you can work it out :wink: 
  • We all know Type_45 is going to read these comments and flip them into doom and gloom scenarios.
  • Swipe
    Swipe Posts: 5,654 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    renegade1 said:
    We all know Type_45 is going to read these comments and flip them into doom and gloom scenarios.
    At some point he'll realise he done goofed. This is what happens when you listen to all the doomers out there. The same happened in 2020 when they all sat in cash watching it melt up for 18 months.
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