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Should I dump my stocks ?

The other side of the coin perhaps to the "should I sell my gold" thread.

I'm thinking about the S&P 500 specifically which so far hasn't really been phased by the war going on in the middle east.

We shouldn't try to time the market we are told, but I'm getting nervous and can't see much down side to a few weeks out of the markets.

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Comments

  • LHW99
    LHW99 Posts: 5,655 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    Are you all-in on the S&P 500. or have you a spread of equity funds?

    Most people would say having only the S&P isn't a very balanced / diversified portfolio.

  • leosayer
    leosayer Posts: 838 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker

    Why are you nervous?

    If the S&P500 falls by a significant amount then what impact will that have on you and your plans?

  • dunstonh
    dunstonh Posts: 121,126 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker

    I'm thinking about the S&P 500 specifically which so far hasn't really been phased by the war going on in the middle east.

    That is the US equities part of your portfolio. Why that and not the other parts of your portfolio? (assuming you are not solely investing in US equities as that would be daft).

    We shouldn't try to time the market we are told, but I'm getting nervous and can't see much down side to a few weeks out of the markets.

    Nervous of what?

    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Albermarle
    Albermarle Posts: 30,860 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    Global Geo political events, often have little effect on stockmarkets.

    The S&P 500 is probably a lot more vulnerable to a confidence wobble in AI, than anything happening in the Middle East.

  • masonic
    masonic Posts: 29,313 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    What did you do when the original tariffs were announced last year?

  • MeteredOut
    MeteredOut Posts: 3,875 Forumite
    1,000 Posts Third Anniversary Name Dropper

    What happens if you dump and after a few weeks if the markets have risen? Do you buy back in at a higher price, or do you wait longer. What happens if they're higher still after a few months? Do you buy back in at a higher price, or do you wait longer. People have been calling a crash for a good few years now. Those that sold out then have lost significant gains, and I'd not be surprised in many did buy back at higher prices than they sold for.

    If you're feeling nervous about the S&P 500, look to rebalance your portfolio so its less weighted towards that index.

  • Baldytyke88
    Baldytyke88 Posts: 900 Forumite
    500 Posts First Anniversary Name Dropper

    Ex Goldman chief: I smell another financial crisis!! The headline in City AM, maybe we need to wait and see if the shipping lanes are still open and oil prices don't increase more?

    https://www.cityam.com/i-smell-another-financial-crisis-says-ex-goldman-sachs-chief/?utm_source=firefox-newtab-en-gb

  • Xenon
    Xenon Posts: 316 Forumite
    Part of the Furniture 100 Posts Name Dropper

    Why invest if you are going to panic when something is going on in the world (which is always the case).

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