Pension Crash

DairyQueen

YorkshirePete said:

Hi. I’m 9 years from retirement so I’ve got a little way to go. But my pension has lost £21k in the last week due to market fluctuations and the Trump trade tariffs. My worry is that this is going to erode away my pension pot and not leave enough time to recover my losses. Can anyone offer and advice

Our pensions are down over £100k within the same timeframe. This is just another blip in market movements, although a bit larger than most. Sit tight and do nothing. Recovery may take months, or a few years, but that's a normal situation for a market recovery.

Sam_666

DairyQueen said:

YorkshirePete said:

Hi. I’m 9 years from retirement so I’ve got a little way to go. But my pension has lost £21k in the last week due to market fluctuations and the Trump trade tariffs. My worry is that this is going to erode away my pension pot and not leave enough time to recover my losses. Can anyone offer and advice

Our pensions are down over £100k within the same timeframe. This is just another blip in market movements, although a bit larger than most. Sit tight and do nothing. Recovery may take months, or a few years, but that's a normal situation for a market recovery.

There is no"blip".

Markets are behaving as they should, reacting to reckless actions of an powerfull individual.

DairyQueen

Sam_666 said:

DairyQueen said:

YorkshirePete said:

Hi. I’m 9 years from retirement so I’ve got a little way to go. But my pension has lost £21k in the last week due to market fluctuations and the Trump trade tariffs. My worry is that this is going to erode away my pension pot and not leave enough time to recover my losses. Can anyone offer and advice

Our pensions are down over £100k within the same timeframe. This is just another blip in market movements, although a bit larger than most. Sit tight and do nothing. Recovery may take months, or a few years, but that's a normal situation for a market recovery.

There is no"blip".

Markets are behaving as they should, reacting to reckless actions of an powerfull individual.

12% drop in a week is definitely a 'blip', regardless of the cause. Even POTUS is not sufficiently 'powerfull' (sic) to control the markets.

kinger101

Sam_666 said:

DairyQueen said:

YorkshirePete said:

Hi. I’m 9 years from retirement so I’ve got a little way to go. But my pension has lost £21k in the last week due to market fluctuations and the Trump trade tariffs. My worry is that this is going to erode away my pension pot and not leave enough time to recover my losses. Can anyone offer and advice

Our pensions are down over £100k within the same timeframe. This is just another blip in market movements, although a bit larger than most. Sit tight and do nothing. Recovery may take months, or a few years, but that's a normal situation for a market recovery.

There is no"blip".

Markets are behaving as they should, reacting to reckless actions of an powerfull individual.

Blip doesn't imply there is no underlying trigger.

Hoenir

DairyQueen said:

Sam_666 said:

DairyQueen said:

YorkshirePete said:

Hi. I’m 9 years from retirement so I’ve got a little way to go. But my pension has lost £21k in the last week due to market fluctuations and the Trump trade tariffs. My worry is that this is going to erode away my pension pot and not leave enough time to recover my losses. Can anyone offer and advice

Our pensions are down over £100k within the same timeframe. This is just another blip in market movements, although a bit larger than most. Sit tight and do nothing. Recovery may take months, or a few years, but that's a normal situation for a market recovery.

There is no"blip".

Markets are behaving as they should, reacting to reckless actions of an powerfull individual.

12% drop in a week is definitely a 'blip', regardless of the cause. Even POTUS is not sufficiently 'powerfull' (sic) to control the markets.

Not control. However have a considerable bearing on the direction and outcome of certain specific markets. Capital flows can move elsewhere.