Market Carnage - strategy (buy/sell?)

Eco_Miser

Sg28 said:

francoghezzi said:

jimjames said:

francoghezzi said:

Never invested in S&S, all I have got is in regular and fixed interested savings, my work pension is totally 'cash': life is too precious and short to spend my nights 

I'm afraid that's crazy unless you're imminently about to retire with annuity. Having cash in a pension for 30-40 years is a guaranteed way to be poor in retirement.

I can assure you that I'm happy with my retirement plan, plus I sleep so well at night. :-)
One of the secrets? I have been cooking my meals at home for 58 years. All the money I have saved instead of been ripped off in pubs and restaurant as the people in this country normally do will allow me to enjoy my retirement. You'd be amazed on how much money can be saved that way even if your wages are close to the minimum allowed by law.
And I won't be poor anyway, because being rich in life, at least for me, has nothing to do with money

Surely everybody cooks at home? Other than the odd meal out, which certainly wouldnt amount to much of a retirement if you saved the money instead. 

You'd be surprised how many exist on takeaways (and these days, someone else will do the actual taking away and deliver to your home).

BarleyGB

kempiejon said:

BarleyGB said:

Its just over 3 months since I started this thread, thankfully my portfolio has now fully recovered, it bottomed out about -20% (but the DC Pension, S&S ISA element is mostly invested in North American tech)

With more growth it will hopefully push on to new highs.

I also benefited from some £ cost averaging with my monthly pension investments April and May.

Thanks for coming back and sharing some insight. Have you learnt anything from the experience ready for next time the stock market takes an inevitable downward turn, perhaps deeper and longer next time. Over 3 months your nett position has hardly changed cept for the new money, so mostly NA tech hasn't been that special yet it has been selected over other choices, a focused portfolio can be profitable what inspired the focus there rather than say a market average.

It wasn't the case that I was necessarily worried about the dip as have been investing since 2010 so have seen the impacts of Brexit, Covid, Ukraine etc.  My enquiry was to see what the general consensus was around tactics during a dip.

NA Tech has been special for the last 10 years yes.  Im inspired to focus more as having had pretty global based investment approaches for years, NA always out performs.  Even comparing the returns for a VLS100, vs VLS80 I had in my SIPP the VLS 100 is returning higher than VLS80 (which ive sold down).  Im my DC pension the best performing fund is NA biased.

I saw huge NA gains through 2019-2021, I think the American B fund I had gew 100% in a year.  Purely by accident I timed the market as sold 75% of my ISA in Dec 2021 for a house deposit, so the gains were crystallised before the large decline following Russia invasion of Ukraine.

Over the years ive tried quite a variation of funds but have always consolidated back to NA tech focused which have been the best long term performers.  That said Artemis Global Income Fund (Security Id:100085317970) is performing well for me at the moment, up around 30% over last 12 months.

jimjames

HedgehogRulez said:

Im just pleased i sold out at the low and bought crypto. To the moon!

If you held on it would have been worth more now

LHW99

BarleyGB said:

kempiejon said:

BarleyGB said:

Its just over 3 months since I started this thread, thankfully my portfolio has now fully recovered, it bottomed out about -20% (but the DC Pension, S&S ISA element is mostly invested in North American tech)

With more growth it will hopefully push on to new highs.

I also benefited from some £ cost averaging with my monthly pension investments April and May.

Thanks for coming back and sharing some insight. Have you learnt anything from the experience ready for next time the stock market takes an inevitable downward turn, perhaps deeper and longer next time. Over 3 months your nett position has hardly changed cept for the new money, so mostly NA tech hasn't been that special yet it has been selected over other choices, a focused portfolio can be profitable what inspired the focus there rather than say a market average.

It wasn't the case that I was necessarily worried about the dip as have been investing since 2010 so have seen the impacts of Brexit, Covid, Ukraine etc.  My enquiry was to see what the general consensus was around tactics during a dip.

NA Tech has been special for the last 10 years yes.  Im inspired to focus more as having had pretty global based investment approaches for years, NA always out performs.  Even comparing the returns for a VLS100, vs VLS80 I had in my SIPP the VLS 100 is returning higher than VLS80 (which ive sold down).  Im my DC pension the best performing fund is NA biased.

I saw huge NA gains through 2019-2021, I think the American B fund I had gew 100% in a year.  Purely by accident I timed the market as sold 75% of my ISA in Dec 2021 for a house deposit, so the gains were crystallised before the large decline following Russia invasion of Ukraine.

Over the years ive tried quite a variation of funds but have always consolidated back to NA tech focused which have been the best long term performers.  That said Artemis Global Income Fund (Security Id:100085317970) is performing well for me at the moment, up around 30% over last 12 months.

I have also been investing a long time, beginning just before the "Tell Sid" etc campaigns. However for our retirement funds I tried to build a selection of funds that offered a compromise between capital growth and dividend income. Dividends were re-invested for many years, but are likely to be accessed over the next few, and will more than meet the target set many years back.

As said before here, the portfolio has now averaged just over 6%pa for the last 10 years. An average, with the best year +18% and the worst -7%. Never shooting out the lights, but generally chugging along.

I experienced the 2007-8 financial crisis. and a couple of (bank) holdings went to zero then, but as I have always tried to have a range the drop was never more than around 20% even then.

IMO keep diversified and don't rely on one sector or country 100%.

dunstonh

It wasn't the case that I was necessarily worried about the dip as have been investing since 2010 so have seen the impacts of Brexit, Covid, Ukraine etc.  My enquiry was to see what the general consensus was around tactics during a dip.

Its worth noting that Brexit aided UK investors with global exposure (as sterling fell) and both Covid and Ukraine were short term blips.   As were the crashes in 2015/16 and 2018.

You have to go back to 2008 for a major multi-year loss period on equities (worst 12 months in over 100 years).   Or 2022/23 if your portfolio includes bonds (Which was also the worst period for bonds in over 100 years).

Many older investors will recall the first decade of the millennium where had you invested in equities at the start you would be in a loss position after 10 years.  And the worst investment area was US equities.

NA Tech has been special for the last 10 years yes.  Im inspired to focus more as having had pretty global based investment approaches for years, NA always out performs. 

That is incorrect.   US equities vs global exc US cycle.    Since around 2012 to 2024 US equities has been the better place to be. 1998 to 2011 global was better.  2025 YTD global is better.   That cycle goes back generations.

A lot of that has to do with exchange rates as global investors are not living in dollar domiciled countries.

Over the years ive tried quite a variation of funds but have always consolidated back to NA tech focused which have been the best long term performers.  That said Artemis Global Income Fund (Security Id:100085317970) is performing well for me at the moment, up around 30% over last 12 months.

Tech is boom and bust. Tech lost 90% of its peak-to-trough value 25 years ago and was part of the cause for three consecutive negative years.   A lot of it is driven by AI currently but if that doesn't deliver, then you risk fall back again.  Sooner or later, the PE ratio will return to more typical areas.  It may be through realisaton of growth or it maybe that the markets realise how foolish the values were and bring them back to reality.

LHW99

A lot of it is driven by AI currently but if that doesn't deliver, then you risk fall back again.

Or even if it delivers more slowly than the markets' expectation.

Albermarle

Sg28 said:

francoghezzi said:

jimjames said:

francoghezzi said:

Never invested in S&S, all I have got is in regular and fixed interested savings, my work pension is totally 'cash': life is too precious and short to spend my nights 

I'm afraid that's crazy unless you're imminently about to retire with annuity. Having cash in a pension for 30-40 years is a guaranteed way to be poor in retirement.

I can assure you that I'm happy with my retirement plan, plus I sleep so well at night. :-)
One of the secrets? I have been cooking my meals at home for 58 years. All the money I have saved instead of been ripped off in pubs and restaurant as the people in this country normally do will allow me to enjoy my retirement. You'd be amazed on how much money can be saved that way even if your wages are close to the minimum allowed by law.
And I won't be poor anyway, because being rich in life, at least for me, has nothing to do with money

Surely everybody cooks at home? Other than the odd meal out, which certainly wouldnt amount to much of a retirement if you saved the money instead. 

Presumably you have heard of Uber eats ; Deliveroo, Just Eat etc.

Also young 'uns also routinely eat out a lot more than us oldsters ever did when we were young.