Like the February Correction ?

I slightly up-risked on my whole pension pot and those investment changes were executed literally on the 9th lol. Also put in the whole of my CY ISA allowance at the end of September. I'm not going to log in and check how it's looking any time soon or I might cry!

On the upside, I've got another £30k that I've been dithering over opening a GIA for (and, as a result, had not got round to doing it yet). I don't think I can resist the temptation to try to time the market a little tiny bit, but it's going in soon I reckon.

In past corrections/crashes, I've tended to leave the existing stuff where it was and pump more money in to the best of my ability. That's what I plan to do this time around as well. I reckon I only need worry if things get so bad that "people like me" start to lose their jobs, thus putting that strategy at risk.

I'm keeping a level head at this stage and I am a novice investor. Heart sank a bit in Feb/March time when my investments in VG LS 80 and 100 (90:10 weighting) took a nosedive to an overall gain of 0.5%, so the drop in the past week has not concerned me too much (down from 11.5% last week to 5% this morning) didn't freak me out too much. If anything, I am now closer to investing the 4.5k I have sat in my LISA as have kept in cash over the past few months given the high unit prices.


Question is, how much more of a drop do I look for before ploughing it in, or is that far too much a case of trying to time the market? From a novice's point of view, investing more when the gain is at 11.5% seems foolish as a correction is inevitable but at what point do I start to invest again, 6% drop, 4% drop etc. or do I simply keep a level head and drip feed at realistic times (ie., now)?

Zero_Sum wrote: »

Its frustrating cos ive just started doing investing & after an okish September its now dropped about 10%. I currently dont have big money in so not overlly worried and a big drop is an opportunity to buy cheap for longer term gains. Which as im in for the long haul im still hopeful.

Yep, you really need to take this on board, best thing for you would be a decline and low prices for a few years. So there should be no "frustration "

TBC15 wrote: »

'Permission to panic Mr Mainwaring'

70% Stock Market Crash to Strike November 1, Economist Warns

permission granted :rotfl::rotfl::rotfl:

This site must not turn into the Daily Express. The investments have not plummeted. They have not nosedived or any other superlative. They have gone down a little.

Most UK investors are cautious to low/medium in risk. They are losing around 3-5% of every 10% the market falls.

10% falls happen regularly. 20% falls happen every 3-5 years. 40%+ falls more generational.

If you consider this a plummet then you are invested above your risk tolerance.