Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • frugal90
    • By frugal90 8th Feb 16, 3:52 PM
    • 240Posts
    • 130Thanks
    frugal90
    stockmarkets -are we nearing the bottom or is there further to go ??
    • #1
    • 8th Feb 16, 3:52 PM
    stockmarkets -are we nearing the bottom or is there further to go ?? 8th Feb 16 at 3:52 PM
    Is there much further to go or are we reaching a good point to buy into the market??
Page 21
    • fun4everyone
    • By fun4everyone 26th Jun 16, 9:38 AM
    • 958 Posts
    • 1,492 Thanks
    fun4everyone
    Would now be a good time for a beginner investor to purchase some stocks and shares? Or would it be more prudent to wait?
    • bigadaj
    • By bigadaj 26th Jun 16, 9:51 AM
    • 10,810 Posts
    • 7,126 Thanks
    bigadaj
    Would now be a good time for a beginner investor to purchase some stocks and shares? Or would it be more prudent to wait?
    Originally posted by fun4everyone
    As good a time as any.

    The threads above are useful in that they show the benefit of a diversified portfolio, so whilst shares are down, then the fact you have international holdings and the pound has fallen means that the value in sterling is retained, wouldn't be the case if you were wholly invested in the uk.

    Regular investing in a diversified fund is likely to be your best option.
    • economic
    • By economic 26th Jun 16, 9:51 AM
    • 2,940 Posts
    • 1,582 Thanks
    economic
    I'm in that dilemma as well. I would say wait as it seems like confidence is collapsing and I think stock market will correct. I would stay in cash for now.
    • economic
    • By economic 26th Jun 16, 9:53 AM
    • 2,940 Posts
    • 1,582 Thanks
    economic
    As good a time as any.

    The threads above are useful in that they show the benefit of a diversified portfolio, so whilst shares are down, then the fact you have international holdings and the pound has fallen means that the value in sterling is retained, wouldn't be the case if you were wholly invested in the uk.

    Regular investing in a diversified fund is likely to be your best option.
    Originally posted by bigadaj
    Pound has already fallen. International stocks are high for sterling investor. Probably a good time to wait to see what happens as there's expected to be a lot of volatility in the next few days.
    • JohnRo
    • By JohnRo 26th Jun 16, 10:16 AM
    • 2,594 Posts
    • 2,408 Thanks
    JohnRo
    Or would it be more prudent to wait?
    Having a clear long term plan is far more important than trying to second guess the market and time entry. Unless you're just talking about taking a quick punt and hoping to grab a quick short term gain you should consider making an investment plan first, then decide.

    Short term there is very little upside imo but if there is to be major panic and a sell off then it should help to clear out a lot of QE sponsored malinvestment and the market will then eventually rebound. Worth remembering though that's already happened to some extent.

    That said, waiting a week or two to see if any sort of rout looks likely won't hurt, I suspect many folks are about to have their appetite for risk severely tested but who knows.

    All I know is I won't be selling anything and my long term investment plans will continue.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
    • fun4everyone
    • By fun4everyone 26th Jun 16, 10:21 AM
    • 958 Posts
    • 1,492 Thanks
    fun4everyone
    Having a clear long term plan is far more important than trying to second guess the market .
    Originally posted by JohnRo
    My plan would simply to be buy and hold inside an ISA for as long as possible, at least 15 years. I don't think I can "beat the market". I would have to research exactly what to buy and the current fall I have read about has made me think it might be good to do that now. Could be wrong. I wanted remain badly and trying to make something good come out of this for myself.
    • JohnRo
    • By JohnRo 26th Jun 16, 10:54 AM
    • 2,594 Posts
    • 2,408 Thanks
    JohnRo
    I wanted remain badly and trying to make something good come out of this for myself.
    I was conflicted in truth, though you might not think it from some of the posts I've made, but really don't think what's happened will solve anything material, for the foreseeable future anyway. Certainly not for the those who've made it happen who will probably suffer the most. The people who've persuaded them will of course continue to do very well for themselves regardless.

    The thing to ask yourself though is do you really need this money you're investing, is it really that desperately important to you and if the answer is yes then putting it all in the stock market is not the right thing to do.

    At the very least I'd focus on making sure your PSA is being used up first.

    If you genuinely accept the risks, are fully aware of what all the investment warnings mean, that there are no guarantees and that you may well get back less than you invest, then just go for it, in a measured and planned way. Look to the long term and in the mean time let the market do what it does best without fretting about the inevitable short term volatility.
    Last edited by JohnRo; 26-06-2016 at 12:00 PM. Reason: rephrase last para
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
    • TheTracker
    • By TheTracker 7th Feb 18, 12:17 AM
    • 1,213 Posts
    • 1,197 Thanks
    TheTracker
    No as I said I made under 30% which was less than the peak. I am not perfect.

    Anyway we now near 5,500 not far now. But there is still mileage to go methinks.
    Originally posted by A Flock Of Sheep
    I notice in the press that stocks are down. It's good to revisit the most recent post by a renowned MSE doom monger, 2 years ago almost to the day gleeful at a FTSE 5500 (its now 7400), and here we are today 24% higher even after a dip.

    Baa baa baa.
    Last edited by TheTracker; 07-02-2018 at 12:26 AM.
    • ChesterDog
    • By ChesterDog 7th Feb 18, 8:51 AM
    • 874 Posts
    • 1,624 Thanks
    ChesterDog
    Quite.

    There should be no excitement - and certainly not fear - in watching markets behave as they always do from time to time.

    When you're invested in the expectation of the sea-level rising over coming years, the fact that the tide goes in and out while those years pass is interesting, but unimportant.
    I am one of the Dogs of the Index.
    • Glen Clark
    • By Glen Clark 7th Feb 18, 9:08 AM
    • 4,115 Posts
    • 3,140 Thanks
    Glen Clark
    I notice in the press that stocks are down. It's good to revisit the most recent post by a renowned MSE doom monger, 2 years ago almost to the day gleeful at a FTSE 5500 (its now 7400), and here we are today 24% higher even after a dip.

    Baa baa baa.
    Originally posted by TheTracker
    Yes, and so far I am glad I ignored it and stayed invested.
    But that does mean that markets have further to fall now.
    Problem is if you sell where do save the money?
    I can remember 25% inflation so I am slightly more scared of holding Sterling cash than a portfolio of worldwide companies that look better managed and more solvent than the British Government.
    Its all the QE money and 'Emergency' interest rates keeping prices so high.
    People have been expecting Central Banks to unwind that for over 10 years. Although they said they would, so far they haven't done so. Those who believed what politicians and their puppets were saying have missed out on big gains. I doubt they will unwind QE much because they seem hooked on QE and low interest rates like a junkie on heroin.
    But that doesn't mean they will never unwind QE. If and when they do, prices will fall.
    Last edited by Glen Clark; 07-02-2018 at 9:10 AM.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
    • IanManc
    • By IanManc 7th Feb 18, 12:31 PM
    • 521 Posts
    • 847 Thanks
    IanManc
    There should be no excitement - and certainly not fear - in watching markets behave as they always do from time to time.
    Originally posted by ChesterDog
    Meanwhile the media coverage has been bordering on the hysterical.

    • ChesterDog
    • By ChesterDog 7th Feb 18, 1:56 PM
    • 874 Posts
    • 1,624 Thanks
    ChesterDog
    Meanwhile the media coverage has been bordering on the hysterical.

    Originally posted by IanManc
    Yes, and that is such a shame.

    It creates an atmosphere in which those who do not know the truth (that sensible, diverse, longterm investments based principally in equities are the way to future financial security) equate the stockmarket with casinos or with the likes of bitcoin.
    I am one of the Dogs of the Index.
    • redux
    • By redux 7th Feb 18, 3:20 PM
    • 18,011 Posts
    • 23,690 Thanks
    redux
    It looks like some of yesterday's bargain opportunities have already expired.

    When this thread was started 2 years ago, that was also true, as the low point was about mid-Jan.

    I did manage to make some buys within 2 days of that low, and they've done ok.
    • ianthy
    • By ianthy 7th Feb 18, 4:55 PM
    • 110 Posts
    • 60 Thanks
    ianthy
    It looks like some of yesterday's bargain opportunities have already expired.
    Originally posted by redux
    Yes I agree with your comments ref some of the prices, a few of my buys were on my limit to buy instruction. I completed my first tranche of investments this PM. So feeling rather relived to have some of my SIPP funds invested again.
    Last edited by ianthy; 07-02-2018 at 5:39 PM.
    • Drp8713
    • By Drp8713 7th Feb 18, 7:11 PM
    • 781 Posts
    • 645 Thanks
    Drp8713
    The trust I bought at open yesterday morning has already covered the dealing fees and stamp duty and is showing a small profit so was happy I went in.

    I actually thought my portfolio was back where it was two days ago until I realised its the 7th and the £640 direct debit went in today!
    • Glen Clark
    • By Glen Clark 8th Feb 18, 10:12 AM
    • 4,115 Posts
    • 3,140 Thanks
    Glen Clark
    QE has turned conventional economics on its head. Nowadays, when companies do well their share price goes down because it might lead to politicians unwinding QE. Don't know the likelyhood of that without inside knowlege. Why do you think fund houses pay so much to hire (ex) politicians.
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

102Posts Today

1,357Users online

Martin's Twitter