Like the February Correction ?

bcfclee27
bcfclee27 Posts: 228 Forumite
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in Savings & investments
Or the start of a big crash ?

What's your opinion ?

Personally I think it's similar to what happened in February and should recover over the coming months.

Just wondered others opinions on this and whether anyone thinks this will be the big crash that some have been predicting........
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Comments

  • AnotherJoe
    AnotherJoe Posts: 19,622 Forumite
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    No idea. And it wouldn't make any difference if I had one. :D
  • badger09
    badger09 Posts: 11,201 Forumite
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    Me neither

    However, £30k landed this morning in my IWEB ISA from a matured cash ISA.

    Can't quite bring myself to press the Buy button.

    I know, I know.... Time in the market:p
  • Prism
    Prism Posts: 3,797 Forumite
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    I vote correction mainly because I posted after 1:30
  • Bravepants
    Bravepants Posts: 1,502 Forumite
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    According to the BBC News website (currently having fun there in a HYS about European Market fall!) this fall was due to a single comment from the IMF regarding over valued equities!
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
  • keyboardworrier
    keyboardworrier Posts: 192 Forumite
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    My gut feeling is that this could be the start of a bigger drop, but who knows. I am staying invested anyway. I saw this story about the Worlds worst market timer which gives me some comfort! https://awealthofcommonsense.com/2014/02/worlds-worst-market-timer/
  • Alexland
    Alexland Posts: 9,653 Forumite
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    I have a long term outlook so am not particularly worried and using the opportunity to invest some cash.
  • elenax
    elenax Posts: 11 Forumite
    To me staying with the investment is the option right now, as the vibes and volatility of the market feels more correctional
  • Bravepants
    Bravepants Posts: 1,502 Forumite
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    I'm not selling anything, my spreadsheet holding my retirement plan shows that I can survive a 50% crash and that's with a 70%/30% equity/bond portfolio in my ISA. Long term all the way thank you very much!
    If you want to be rich, live like you're poor; if you want to be poor, live like you're rich.
  • seacaitch
    seacaitch Posts: 272 Forumite
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    badger09 wrote: »
    Me neither

    However, £30k landed this morning in my IWEB ISA from a matured cash ISA.

    Can't quite bring myself to press the Buy button.

    I know, I know.... Time in the market:p


    If wary of deploying it in one go, then a regret minimisation approach might suggest splitting it into, say, 3 or 4 chunks, to be invested over the following 3 or 4 months.

    Invest the 1st chunk today, and the last chunk in 3 or 4 months time.

    Invest the remaining chunk(s) either monthly in between today and the last date, or attempt to finesse things by investing them on days you feel the market has significantly pulled-back/tanked and investors appear scared. Days where you yourself feel rather too scared to buy very often turn out to be good days to have bought on, so listening to your own feelings (and then overriding them) is often instructive.
  • Kendall80
    Kendall80 Posts: 965 Forumite
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    While I regret not following my instincts and top slicing my equities a few weeks back i'm in for the long haul. So i'm buying :)
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