I think the market is going to crash. How do I protect my money?

jimjames

JusinScot said:

RG2015 said:

JusinScot said:

Albermarle said:

I am not an investor.
 I have the bulk of my money in a VLS 80 and BlackRock consensus 100 funds

The two statements are completely contradictory.

I think the market is going to crash.

Some would say it has already crashed, or at least had a significant downward correction. The best time to sell was about 10 months ago. It is quite possible that now is quite a good time to buy rather than sell. In reality nobody knows.

 

I don't consider myself an investor. I did some research, found a couple decent funds, put my money in it and hoped for the best.

I get that no one know but my guess is it's going to crash and I'm looking for options on what to do in my case? 

To get a more considered answer you will need to provide a little more information.

Your goals and age will play a big part in this. How long until you retire, are you saving for a mortgage deposit etc?

14 years till I retire and the goal will be to ... Retire with as much as possible ☺️

Are you still contributing to your pension? If so then your money will be buying at the lower prices if and when they come.

Type_45

JusinScot said:

B0bbyEwing said:

I think some people here are doing what they usually do and taking what someone says literally, word for word.

When the OP said they aren't an investor & in line with the rest of their post, I took it that they mean they're not really that confident when it comes to investing. They possibly realise they're towards the upper end of the risk scale but in their mind the market is going to crash so they're having a panic - realising that they don't have the stomach for a drop in value and want to know what to do.

They possibly see "an investor" as someone who has a bit of know how over what funds to pick & can ride the drops out - the opposite of themselves.


I really do not think they literally mean "i am not an investor but I have money invested and I'm saying this sentence thinking it for sure doesn't contradict".

Thank you, that is exactly how I feel. I feel like I should be doing something and I want to know what are the options everything from cash it out to ride it out and hopefully I I will find something in between I am comfortable with. 

Cash.  Or a significant allocation thereof.  

fourmarks

JusinScot said:

I am not an investor. I have the bulk of my money in a VLS 80 and BlackRock consensus 100 funds. 

I think the market is going to crash. How do I  protect my money.

Do I pull it all out and keep cash and let inflation take a chunk? Is there a safer fund I can move it too? 

What are you doing? 

Golden Millar.   4.30 Ascot (e/w).

resk

Albermarle said:

I think the market is going to crash.

Some would say it has already crashed, or at least had a significant downward correction. The best time to sell was about 10 months ago. It is quite possible that now is quite a good time to buy rather than sell. In reality nobody knows.

 

This is a good point.  The S&P 500 hit 4796 at the start of this year, and is now at 3693.  23% down!  If you have a globally diverse index tracker fund, you will have experienced some of this dip in the last nine months.  I'm just going to keep buying units every month.  

JusinScot

Linton said:

JusinScot said:

I am not an investor. I have the bulk of my money in a VLS 80 and BlackRock consensus 100 funds. 

I think the market is going to crash. How do I  protect my money.

Do I pull it all out and keep cash and let inflation take a chunk? Is there a safer fund I can move it too? 

What are you doing? 

I am keeping my investments as they are.  There will be a recovery at some point, if not it's the end of the world as we kbnow it and whatever you do wont make much difference.

As a retiree I have plenty of cash to last a few years and plenty of low risk funds such as Caputal Gearing Trust and Troy Trojan to last another 5-10 years.

This one Troy Trojan (Class X) Accumulation?

Linton

JusinScot said:

Linton said:

JusinScot said:

I am not an investor. I have the bulk of my money in a VLS 80 and BlackRock consensus 100 funds. 

I think the market is going to crash. How do I  protect my money.

Do I pull it all out and keep cash and let inflation take a chunk? Is there a safer fund I can move it too? 

What are you doing? 

I am keeping my investments as they are.  There will be a recovery at some point, if not it's the end of the world as we kbnow it and whatever you do wont make much difference.

As a retiree I have plenty of cash to last a few years and plenty of low risk funds such as Caputal Gearing Trust and Troy Trojan to last another 5-10 years.

This one Troy Trojan (Class X) Accumulation?

Yes, though some platforms only sell the slightly higher charged Trojan O.  They are the same fund, just different charging rates, both have very close to broken even over the past 12 months and dropped 3% in the past 6 months..

JusinScot

Ok, I'm not so sure anymore....

Now I'm starting to think the market is at the bottom.

Right so a lesson was learnt today. I do not know what is going to happen in the market. I am going to leave my money in these funds then when I'm about 5 years from retirement, I'm going to move it to lower risk funds. 

Thank you all and good bye