Equity market crash ?

SloughSally

Like we all know equity markets always crash every so often, it’s only time before the current record highs fall also, and like many think it may  be very near, who knows.

Who is happy for it to come sooner rather than latter and for what reason eg early in investment life so longer to recover , already sold and going to buy back in on the the drop etc etc etc

I understand that trying to time the market is a lottery but ive bought a ticket and happy to take a punt whilst holding cash,  admittedly at a lower past performance rate than equities, but at the least possible risk , and at a higher rate than my personal inflation rate.

Very defensive, yes, but I am at a stage in life where maintaining capital  after inflation and living costs is more important than large capital gains , both financially and mentally. The latter often more damaging when the inevitable does happen.

vacheron

I've been hoping for a correction for the last week, as the current markets are like watching someone relentlessly blowing up a balloon, the longer you wait, the bigger the inevitable bang, and the more people will panic irrationally!

My pension funds have risen by almost 7.8% since the 1st of September which would be a clearly unsustainable 93% annual growth.

However, based on the US markets on Friday, expect a nice "correction" on Monday morning!   

k6chris

The course of the next few days and weeks will depend on how many hidden issues get triggered by a sudden drop in the value of everything.  It might pop right back up by tuesday, or it might not.  Or it might pop back up and then go down again.  Hopefully that helps?!

InvesterJones

Anyone wanting to buy soon would of course want a 'sale'. Anyone wanting to sell soon would prefer prices to be higher. For everyone else it kind of doesn't matter.

SloughSally

InvesterJones said:

Anyone wanting to buy soon would of course want a 'sale'. Anyone wanting to sell soon would prefer prices to be higher. For everyone else it kind of doesn't matter.

It does if you have a pension and approaching retirement.

QrizB

SloughSally said:

InvesterJones said:

Anyone wanting to buy soon would of course want a 'sale'. Anyone wanting to sell soon would prefer prices to be higher. For everyone else it kind of doesn't matter.

It does if you have a pension and approaching retirement.

In which case, would this thread be better on the "Pensions" forum?

https://forums.moneysavingexpert.com/categories/pensions-annuities-retirement-planning

SloughSally said:

Very defensive, yes, but I am at a stage in life where maintaining capital after inflation and living costs is more important than large capital gains , both financially and mentally. The latter often more damaging when the inevitable does happen.

How close to retirement are you? Days, weeks, months, years?

What's your broad plan for funding your retirement - the two broad options are (a) drawdown or (b) annuitisation? Fund management is different depending on your chosen option.

jimexbox

This week will certainly be interesting. US government shutdown, threatened trade war with China. The US economy, the direct opposite of the markets, doing pretty terrible. Does the S&P tank this week? I've got some cash ready to buy when it does.      

kinger101

SloughSally said:

InvesterJones said:

Anyone wanting to buy soon would of course want a 'sale'. Anyone wanting to sell soon would prefer prices to be higher. For everyone else it kind of doesn't matter.

It does if you have a pension and approaching retirement.

If you are approaching retirement, you should change the mix of assets based on whether you'll want drawdown, annuity or hybrid approach.

In any event, you presumably need at least some of the pot soon.  

kinger101

It coming sooner doesn't mean it won't happen later as well.  

SloughSally

QrizB said:

SloughSally said:

InvesterJones said:

Anyone wanting to buy soon would of course want a 'sale'. Anyone wanting to sell soon would prefer prices to be higher. For everyone else it kind of doesn't matter.

It does if you have a pension and approaching retirement.

In which case, would this thread be better on the "Pensions" forum?

https://forums.moneysavingexpert.com/categories/pensions-annuities-retirement-planning

SloughSally said:

Very defensive, yes, but I am at a stage in life where maintaining capital after inflation and living costs is more important than large capital gains , both financially and mentally. The latter often more damaging when the inevitable does happen.

How close to retirement are you? Days, weeks, months, years?

What's your broad plan for funding your retirement - the two broad options are (a) drawdown or (b) annuitisation? Fund management is different depending on your chosen option.

The thread has nothing to do with pensions, that was just a response to InvestorJones who said a crash “only” impacts some buying or selling in the immediate future. So no it does not belong in the Pensions forum.

QrizB

SloughSally said:

QrizB said:

SloughSally said:

InvesterJones said:

Anyone wanting to buy soon would of course want a 'sale'. Anyone wanting to sell soon would prefer prices to be higher. For everyone else it kind of doesn't matter.

It does if you have a pension and approaching retirement.

In which case, would this thread be better on the "Pensions" forum?

https://forums.moneysavingexpert.com/categories/pensions-annuities-retirement-planning

The thread has nothing to do with pensions, that was just a response to InvestorJones who said a crash “only” impacts some buying or selling in the immediate future. So no it does not belong in the Pensions forum.

I'm not seeing how "have a pension and approaching retirement" (your own phrase) is anything other than a specific case of wanting (or not wanting) to buy or sell soon?

Can you explain exactly why someone with a pension and approaching retirement is affected by this, other than by planning to buy or sell their investments?