Anyone buying stocks at the moment?

Hoenir

SneakySpectator said:

Tucosalamanca said:

Also known as catching a falling knife.
Buying because it's cheaper than yesterday (or last month), is a high risk strategy and can take a long time to turn a profit (if ever).
Since you're buying for the long-term, you should be ok and it's certainly better than buying in recent months.
Don't be surprised if you have some extremely uncomfortable days to come.
Other than, it's cheaper than yesterday/good for the long-term, what's your rationale for buying now?

My rationale is that the global stock market only ever goes up in the long run. 

Global stock markets haven't been around for all that long. Globalisation itself only started in earnst in the late 80's early 90's. After 35 years appears to have run it's course. Empires rise and fall........

masonic

I dropped from 90% equities to 70% equities at the end of last year. This unfolding crash has cut my equities to 65% (and falling). As valuations become more sensible I will be looking to rebalance and will probably over-rebalance. Though worth noting that only Asian markets seem to be significantly down over 12 months. The VIX is only half of what it was during the past couple of major crashes. There is plenty of scope for the doom loop to continue.

ChilliBob

I'm sitting on the sidelines with some cash but not doing anything just yet. Last night I was thinking today could be a bounce back day (a really bad day is often followed by a good one), but told myself I'd check the futures a couple of times - both times they were down quote a bit. As I type it's worse than yesterday, - 5.5%..  (This was for the S&p since it's the lions share of a global index) 

So I'll wait and see a bit longer I guess!

As above this is cash in for the long term, so it doesn't make much difference I guess.

I have considered whether to go for an ex-us fund for this year's isa subscriptions, also pondering this again now!

Tl:Dr. - doing nothing, thinking lots lol

boingy

I'll be adding 20K to an S&S ISA some time next week. Maybe I'll get lucky and hit the market low point. Maybe I won't. Either way I won't be losing any sleep over it. 

hjghg5

I'm not changing my regular investments but trying to decide what to do on Monday when I planned to move money into an isa. I was going to split it between cash and s&s, and have started dithering a bit about how to split it.

wiseonesomeofthetime

I have no more spare cash to buy these "cheaper" stocks with.

Meanwhile, my portfolio dives!

I definitely will not have 25 years to allow it to recover.

Not in that stage of my life, unfortunately.

SneakySpectator

wiseonesomeofthetime said:

I have no more spare cash to buy these "cheaper" stocks with.

Meanwhile, my portfolio dives!

I definitely will not have 25 years to allow it to recover.

Not in that stage of my life, unfortunately.

Yeah I understand if you're later down the road in terms of age then having a market take a fat dump is not exactly what you want. But for someone like me who still has 25 years of pound cost averaging to go then I welcome these 15% - 20% retracements as it allows me to scoop up extra shares at lower prices.

Also worth mentioning it again that I'm not picking individual stocks, I'm investing in VWRP which is basically like the FTSE all world index. Diversified across the countries and sectors, denominated in my home currency GBP.

Bravepants

Although I'm retired, I'm still drip-feeding FTSE Global All Cap in my ISA.

Also, I had moved my smallish SIPP into drawdown a couple of years ago, but since my DB pension kicked in have dropped that drawdown to a couple of K a year, and moved the fund out of a short term money market fund to HSBC Global Strategy Dynamic...just before Trumpism started, so the SIPP is down nearly £5k, but I have a few year's worth of drawdown in the drawdown account in a STMMF. 

I'm in my mid-fifties, and have enough cash and near cash, but this period is a good test of my nerve and my ongoing policy of continuing to invest monthly in my ISA, or annually in a lump-sum (upto £10k now) in my SIPP from part-time employment.

Alistair31

Have £20k to put in to LISA/ISA from Monday and it will be VWRP as usual but debating myself whether to hold off for further decline or whether to just go for it on Monday. Hmm.

Swipe

I sold from my GIA last Monday just before the tariff announcement ready to fund the new tax year's ISA and to add £2880 to my SIPP. I will buy on Monday exactly what I sold from my GIA funds and drip feed the remainder made up from dividends that were sitting in cash over the coming weeks.