The Trump Slump

VNX

Could view it as a time to buy? 

Cheslea2010

Every dip is a buying opportunity. For younger folk with a pension linked to stocks/shares it's a great time to get more for your money.

boingy

The markets always overshoot then bounce back a little.

John464

FlorayG said:

Did he? You're quite correct, always do what Warren Buffet does, he's in the know

Many thanks for all the replies.
As I recall I read that Buffet had been sitting on a $360 billion cash mountain at the beginning of this year when the market was still rising so people were wondering whether he was losing his touch.  But Buffet is hamstrung by the size of his portfolio so has to sell early - if he tried to sell that much when prices started falling he would crash the market before he could offload it all.
I followed the advice Buffet gave to his wife to put 90% of her inheritance in the S&P 500 so have done well out of it.
Have since diversified into world trackers but as has been pointed out most of that is in the S&P 500.  So its not good news for the S&P 500 to read of consumer boycotts of US goods

John464

2.5	%	unwrapped HSBC MSCI World ETF
21.8	%	unwrappediShares Core MSCI World UCITS ETF
38.3	%	ISA iShares Core MSCI World UCITS ETF
4.3	%	ISA IShares VII IShares Core S&P 500 Ucits ETF
1.0	%	unwrapped IShares VII IShares Core S&P 500 Ucits ETF
6.2	%	unwrapped IShares FTSE 100 ETF
1.7	%	unwrapped Vanguard FTSE Developed Europe ETF
2.9	%	unwrapped Vanguard FTSE Dev-World ETF
8.9	%	unwrapped Vanguard FTSE All-World ETF
2.3	%	unwrapped Vanguard FTSE250 ETF

89.9% Total in equities

This is where I am at the moment

Albermarle

wiseonesomeofthetime said:

eskbanker said:

wiseonesomeofthetime said:

My Vanguard LS 100 has dropped in investment value from over 33% gain to just over 31% gain, or in real terms, £2,200, in just over a week.

Personally, I am letting it run as still quite a few years until I need to cash out.

wiseonesomeofthetime said:

Just looked and my "31% gain" comment is already out-dated.

Latest is 28.86% gain

Dropping fast.

Why are you just measuring it over a week when it's been declining steadily for three weeks now, down 7.7% from £396.42 on Tuesday 18 February to £365.98 yesterday?

I can measure it a lot further if need be. Just quoting the most recent figures.

Agree with what you say though. Dramatic downward spiral.

I can foresee a lot of twitchy fingers out there. Trouble is, the reduction (loss?) is only confirmed when you cash in.

Down 8% in 3 weeks is not really a 'Dramatic Downward Spiral'.
Also over the same 3 weeks the FTSE 100 has only lost 2% and the DAX is actually up a bit, although Japan is following the US trend. 

masonic

Slump is probably the best word for it. Dramatic would be 8% in a single day. Even that would be nothing compared with Black Monday, when the S&P500 fell about 20% in a single day.

John464

wiseonesomeofthetime said:

Just looked and my "31% gain" comment is already out-dated.

Latest is 28.86% gain

Dropping fast.

S&P 500 seems to be moving with the Tariff announcements - when Trump announces more tariffs share prices fall, when he holds back on Tariffs share prices rise.  Trump seems to keep an eye on share prices because he claims the credit when they go up.  So I thought falling share prices would rein him in, but I suppose this time he doesn't need to worry about public opinion because at his age he will never face another election. 
But it obviously concerns Trump that teaming up with him can trash your business - shown by his pimping out the White House to advertise Tesla whose share price has halved since December.  Despite what Trump says consumer boycotts are not illegal, and seem to be gaining traction? - its the safest form of protest - you can't be fired or arrested for choosing not to buy American goods - what  effect will that have on the S&P 500?

Hoenir

John464 said:

FlorayG said:

Did he? You're quite correct, always do what Warren Buffet does, he's in the know

Many thanks for all the replies.
As I recall I read that Buffet had been sitting on a $360 billion cash mountain at the beginning of this year when the market was still rising so people were wondering whether he was losing his touch. 

Berkshire Hathaway is totally misunderstood as  business. Worth researching.

John464

Eutelsat shares now up 6 fold, presumably because European Governments don't trust Musk not to turn off their Starlink?