Sick sense anyone?

1980ds

My pension, as most likely many others, has had more down than ups over the last 12 months.  Does anyone else have somewhat of a sick sense seeing the downs knowing each month you’re purchasing more units than if it was increasing? 

I’m approx 15 years away from a sniff of the TFLS so the way I look at it is there’s plenty of time for this to recover, am I right in thinking this? Naturally there is no mystic Meg of the pension world. 

I check my pension too regularly I know (mostly daily) but that’s just my OCD more than the desire to make any knee jerk reactions.  Is it best to leave well alone as still a fair chunk of time before I can access it?  

Appreciate your views!!!

TadleyBaggie

Is "sick sense" a phrase I'm not aware of or did you mean "six sense"?

MovingForwards

TadleyBaggie said:

Is "sick sense" a phrase I'm not aware of or did you mean "six sense"?

Or even sixth sense.

OP - Stop looking on a daily basis as you've 15 years for them to go back up. Someone else will be along with stats.

Stubod

..I think "sick" sums it up nicely..  

billy2shots

OP is saying that there are positives to a down market. A twisted 'sick' view of current circumstances. 


It's certainly better to have this correction now rather than the final 2 years before retiring. 

SouthCoastBoy

billy2shots said:

OP is saying that there are positives to a down market. A twisted 'sick' view of current circumstances. 


It's certainly better to have this correction now rather than the final 2 years before retiring. 

Unfortunately I am in the final 2 years before retirement 😕 

randompenitent

If you're still buying, lower prices are no bad thing. But as others have said, checking prices every day is probably not a great idea - just walk away and let things happen. 

QrizB

SouthCoastBoy said:

billy2shots said:

OP is saying that there are positives to a down market. A twisted 'sick' view of current circumstances. 
It's certainly better to have this correction now rather than the final 2 years before retiring. 

Unfortunately I am in the final 2 years before retirement 😕 

Although, if you're planning to draw down rather than buy an annuity or a Ferrari, you're likely to remain invested for 25+ years yet. Plenty of time to see more market movements.

kinger101

MovingForwards said:

TadleyBaggie said:

Is "sick sense" a phrase I'm not aware of or did you mean "six sense"?

Or even sixth sense.

OP - Stop looking on a daily basis as you've 15 years for them to go back up. Someone else will be along with stats.

Nah.......they'll only be checking it around another 5,500 thousand times before retirement.  Possibly another 10,000 during retirement. You really think that's excessive?  If I makes them feel sick, some people swear by ginger.

Workerdrone

1980ds said:

My pension, as most likely many others, has had more down than ups over the last 12 months.  Does anyone else have somewhat of a sick sense seeing the downs knowing each month you’re purchasing more units than if it was increasing? 

I’m approx 15 years away from a sniff of the TFLS so the way I look at it is there’s plenty of time for this to recover, am I right in thinking this? Naturally there is no mystic Meg of the pension world. 

I check my pension too regularly I know (mostly daily) but that’s just my OCD more than the desire to make any knee jerk reactions.  Is it best to leave well alone as still a fair chunk of time before I can access it?  

Appreciate your views!!!

I have exactly that feeling. Im in a similar boat with a similar timescale (although I can do another 8 years on top if I need to). Admittedly I'm in Growth stocks and tech so its to be expected after a long run of seeing daily gains of >£1000. In my current employers pension I was at £87k last September and at £84k now having put in £15k over the past year. Effectively I've watched my fund gains drop from £25k to 3k today. The annoying thing is standard lifes portal doesn't allow me to see historically how many units I owned a year ago. I just know I'm buying them at a lower unit price and have to trust the wisdom that markets recover over time and when they do I won't regret having stayed the course.

LV_426

I check mine weekly, but only because I like graphs, and my spreadsheet has got a lot of impressive stuff on it these days
Things have been pretty dismal this year, but hopefully it will pick up. Do you think Putin getting his !!!!!! kicked in Ukraine will help? I guess it depends if they turn the gas taps back on.