Has anyone’s Stock and shares ISA done worse?

[egor110]

Jon39 said:

bhstewie said:

FTSE All Cap is down almost 5% this week.

It's not pleasant, but it's normal.

I often learn new things on here.
FTSE All Cap - I had never heard of that before.

My attention centered on 'down almost 5% this week'.
In my own little world, I had a lower figure in mind. Minus 2.58% (FTSE All Share Index).
Although up YTD, I am trailing the Index.
Holding non-cyclicals, often means the down weeks can result in some progress relative to index. That did happen again this week, with minus 1.05%.


In 2008, the Northern Rock bank collapse was a prelude to the global financial crisis.
In 2023, the Silcon Valley Bank collapse .........................................................................

We shall see. Hope not.
It is all very well for us to say, "An opportunity to buy good businesses at cheap prices", but there are so many people who really suffer during financial crashes.

Edited by Jon39 on Sunday 12th March 09:14

You've got totally the wrong mindset for investing.

You need to just leave it for 10 plus years which gives it time to dip and rise again .

If your worrying after a year just dump it in whatever fix gives the best interest.

[Jon39]

egor110 said:

You've got totally the wrong mindset for investing.
You need to just leave it for 10 plus years, which gives it time to dip and rise again .
If your worrying after a year just dump it in whatever fix gives the best interest.

Don't know how you reached that conclusion, egor.
I am probably the longest of long-term equity holders on this forum.
Many of my current core holdings were purchased more than 30 years ago and held continuously.

As you have rightly suggested, initial careful business selection, patience, time in the market and compounding, are some of the best ingredients needed to achieve the results people hope for.

Buying during an already established boom, taking fright at the first sign of trouble, or 'dancing' in and out of the market, is not a good investment strategy. Some might call that gambling.

[V8covin]

This invest for the long term,5 years,10 years or whatever.
What is always over looked is the timing.
You could invest now for 10 years,see gains for 9 and then get it all wiped out by a crash in year 10.
It's more of a lottery than many will admit to,even moreso in recent times with unexpected pandemic,Brexit ,war etc

[Sheepshanks]

V8covin said:

It's more of a lottery than many will admit to,even moreso in recent times with unexpected pandemic,Brexit ,war etc

I find it quite annoying that many of us are expected to gamble with our pension funds.

I’m beginning to hate my final salaried friends!

[egor110]

V8covin said:

This invest for the long term,5 years,10 years or whatever.
What is always over looked is the timing.
You could invest now for 10 years,see gains for 9 and then get it all wiped out by a crash in year 10.
It's more of a lottery than many will admit to,even moreso in recent times with unexpected pandemic,Brexit ,war etc

What's the alternative though ?

Instead of trying to time the market drip feed in and o guess drip feed out again, that's realistically all we can do isn't it.

[xeny]

Sheepshanks said:

I find it quite annoying that many of us are expected to gamble with our pension funds.

I’m beginning to hate my final salaried friends!

It isn't necessarily greener. I know someone with a career average DB pension, but indexation is a maximum of 2.5%, which doesn't help much with >10% inflation.

[AnotherUsername]

Well for what it’s worth exactly 12 months ago I decided to ditch half of my isa and instead invest it in another new business. Hasn’t gone bust yet so doing better than AMGO but we will see. My hope is for 100% return yoy.

[Hippea]

I started with Vanguard LifeStrategy nearly 4 years ago, I’m currently down 6%

[Sheepshanks]

xeny said:

It isn't necessarily greener. I know someone with a career average DB pension, but indexation is a maximum of 2.5%, which doesn't help much with >10% inflation.

Well, it helps more than having a fund which decreases in value!

[xeny]

Hippea said:

I started with Vanguard LifeStrategy nearly 4 years ago, I’m currently down 6%

The conservative 20% equity option at a guess?

That's down just under 1% over the past 4 years exactly.

The riskier 100% equity option is up 36% over the same period.

[xeny]

Sheepshanks said:

xeny said:

It isn't necessarily greener. I know someone with a career average DB pension, but indexation is a maximum of 2.5%, which doesn't help much with >10% inflation.

Well, it helps more than having a fund which decreases in value!

Yes and no. You've got a chance of a recovery in the fund, and maybe some outperformance as inflation works its way through the balance sheets of the companies in the fund. The DB pension has lost that 7.5% or so forever

[jules_s]

simon800 said:

jules_s said:

An old thread I now (may well be newer - couldn't find one)

I took some financial advice last year, at cost, and I now have lost 5.5% (inc fees) on the investment over the last 12 months

Spoke to the FA this morning: - your ISAs are doing great!

ffs - I know it's been a ste year, but really? The FA is ploughing the old 'we are all in the same boat' line but i'm not buying that (yet)

Looking at the portfolio (hate that word) he's offered no advice/moved anything in the last 12 months

Any advice from the PH masses please? Medium risk was the request

TIA

That sounds about right - if we consider 60/40 stocks/bonds to be medium risk then Vanguard LifeStrategy 60 is down 3.2% in a year

Terminated the investments last week 5.5% loss - with a letter which confirmed it, and a value to be paid back.

Money paid back today - 8.5% loss. In 12 months.

Never. Ever. will I do this again (clearly)

[xeny]

jules_s said:

Never. Ever. will I do this again (clearly)

What do you do with the money in your pension then?

[FrankAbagnale]

I’m about to put the future house deposit in to an ISA.

Could need to access it a day later, but most likely going to be 12-24 months from now.

Bearing in mind it’s a short term investment, I thought it was best to mitigate risk and put it in a low % easy access ISA? Or, premium bonds!

Without meaning to divert from the OP too much, does anyone suggest I stick it in a stocks and shares ISA or any better ideas?

[CrouchingWayne]

FrankAbagnale said:

I’m about to put the future house deposit in to an ISA.

Could need to access it a day later, but most likely going to be 12-24 months from now.

Bearing in mind it’s a short term investment, I thought it was best to mitigate risk and put it in a low % easy access ISA? Or, premium bonds!

Without meaning to divert from the OP too much, does anyone suggest I stick it in a stocks and shares ISA or any better ideas?

If you are going to spend it within 12-24 months I personally would keep as cash.

One option is to keep it unwrapped and utilise any personal savings allowance between yourself and your partner if applicable. Pre tax rates are typically higher outside of ISAs.

Fixed ISAs have better rates than instant access but unlike unwrapped accounts I believe there is a right to access the cash at any time for an interest penalty (30-90 days interest or similar).

Depending where you are on the path to buying taking on a fix with a penalty might be worth it for the higher rate

Edited by CrouchingWayne on Saturday 18th March 07:22

[Phooey]

Short-term money market fund/s could work.

[croyde]

Pre Covid, my ISAs were showing a healthy 12 percent return over the years I had had them.

One fund had doubled.

Then 2020 happened.

A month ago, things were looking good as in that they had finally got close to the value I had in 2019, then that bloody bank went tits up.

Now I'm already back to just after the first lockdown value.

At least I'm still in profit but the annual growth is now abysmal.

I feel sorry for anyone who bought into ISAs in 2019.

[bitchstewie]

croyde said:

Pre Covid, my ISAs were showing a healthy 12 percent return over the years I had had them.

One fund had doubled.

Then 2020 happened.

A month ago, things were looking good as in that they had finally got close to the value I had in 2019, then that bloody bank went tits up.

Now I'm already back to just after the first lockdown value.

At least I'm still in profit but the annual growth is now abysmal.

I feel sorry for anyone who bought into ISAs in 2019.

What were the funds?

If you'd put money in a global tracker in March 2019 you'd be around 40% up.

If you'd put money in LifeStrategy 60 in March 2019 you'd be around 20% up.

We've been through Covid and bonds have been absolutely battered by interest rate rises.

Yet you'd still be up.

I don't want to belittle 5% or 8% losses but these are investments they are intended to be for the long term and they can go down as well as up.

[V8covin]

said:

It's not really the term that has the biggest influence on profit/loss but the timing of when you buy and sell.
I invested in Lifestrategy 60 in June 2019 and my gain is 3%

Edited by V8covin on Saturday 18th March 08:41

[Alickadoo]

jules_s said:

Terminated the investments last week 5.5% loss - with a letter which confirmed it, and a value to be paid back.

Money paid back today - 8.5% loss. In 12 months.

Never. Ever. will I do this again (clearly)

You shouldn't be investing for a 12 month period.