Discussion
What's your thoughts on events coming up and impact on markets?
I've been in vanguard equity 80 20 and fundsmith for a few yrs now and this year has been rather generous so far.
Since the beginning of the financial yr. I've not put anything more into my stocks and share ISA as I've been waiting for the two above to come back down before I buy.... But they've just kept increasing... I think I'm around 15% up overall
So what are people's thoughts on timing. From what I've read, you can't time markets, but that doesn't stop me trying to. Should I put 5k in end of sept and then the rest at the end of each remaining quarter? Or wait until the mess in Oct and throw it all on black? What are people's thoughts on what will happen given the scenarios of hard or agreed Brexit? Can't help but think this is a calm before a storm...
Also am I completely mad to cash it all in now and buy a manual f355 RHD? I'm having serious temptations. No mortgage, good income, under 40. Help!
I've been in vanguard equity 80 20 and fundsmith for a few yrs now and this year has been rather generous so far.
Since the beginning of the financial yr. I've not put anything more into my stocks and share ISA as I've been waiting for the two above to come back down before I buy.... But they've just kept increasing... I think I'm around 15% up overall
So what are people's thoughts on timing. From what I've read, you can't time markets, but that doesn't stop me trying to. Should I put 5k in end of sept and then the rest at the end of each remaining quarter? Or wait until the mess in Oct and throw it all on black? What are people's thoughts on what will happen given the scenarios of hard or agreed Brexit? Can't help but think this is a calm before a storm...
Also am I completely mad to cash it all in now and buy a manual f355 RHD? I'm having serious temptations. No mortgage, good income, under 40. Help!
lockhart flawse said:
er......you can't time markets as you've already seen.
Ferrari - no. It'll disappoint. Old cars are crap.
Yes your probably right on timing. Everything I've tried I've lost. So equal allocations to the end of the financial year it is....Ferrari - no. It'll disappoint. Old cars are crap.
Ha on the Ferrari, again maybe I need smelling salts ..
The best investor is a dead investor (although one that keeps making monthly contributions).
The F355 idea is epic too, this video will never not be amazing:
https://www.youtube.com/watch?v=FZ1Ldwa5thc&li...
But don't see it as an investment, running costs and opportunity costs will make it underperform most traditional investments.
The F355 idea is epic too, this video will never not be amazing:
https://www.youtube.com/watch?v=FZ1Ldwa5thc&li...
But don't see it as an investment, running costs and opportunity costs will make it underperform most traditional investments.
I 8 a 4RE said:
The best investor is a dead investor (although one that keeps making monthly contributions).
The F355 idea is epic too, this video will never not be amazing:
https://www.youtube.com/watch?v=FZ1Ldwa5thc&li...
But don't see it as an investment, running costs and opportunity costs will make it underperform most traditional investments.
Ha, I like that quote. But the link is not to a 355?The F355 idea is epic too, this video will never not be amazing:
https://www.youtube.com/watch?v=FZ1Ldwa5thc&li...
But don't see it as an investment, running costs and opportunity costs will make it underperform most traditional investments.
There's another good thread in this section talking about outcomes of scenarios related to Brexit which is a good read.
A lot depends on your attitude to risk and your objectives.
Arguably, you are already trying to time the market by holding a sum that would otherwise have been invested. Anther approach would be to make regular contributions (drip feeding) over time, regardless of the market.
Someone else will be along in a moment with more insight than me, but I'd be an advocate for the second approach if you are a long term investor looking to build capital over a 10+ year timeframe. I started doing this 13 years ago and, interestingly, people were asking at the time whether equities were done for as an asset class.
Arguably, you are already trying to time the market by holding a sum that would otherwise have been invested. Anther approach would be to make regular contributions (drip feeding) over time, regardless of the market.
Someone else will be along in a moment with more insight than me, but I'd be an advocate for the second approach if you are a long term investor looking to build capital over a 10+ year timeframe. I started doing this 13 years ago and, interestingly, people were asking at the time whether equities were done for as an asset class.
The Green Triangle said:
Also am I completely mad to cash it all in now and buy a manual f355 RHD? I'm having serious temptations. No mortgage, good income, under 40. Help!
Cash out now and buy a Ferrari in 2 years time for half the price they are today.Edited by CzechItOut on Wednesday 7th August 14:05
The Green Triangle said:
But the link is not to a 355?
Sorry, here you go: https://youtu.be/AN1alyW4tVE
The Cardinal said:
A lot depends on your attitude to risk and your objectives.
Arguably, you are already trying to time the market by holding a sum that would otherwise have been invested. Anther approach would be to make regular contributions (drip feeding) over time, regardless of the market.
Someone else will be along in a moment with more insight than me, but I'd be an advocate for the second approach if you are a long term investor looking to build capital over a 10+ year timeframe. I started doing this 13 years ago and, interestingly, people were asking at the time whether equities were done for as an asset class.
Yes Im aware I'm timing it. I didn't expect Vanguard to accelerate as much as it did this yr. Currency related? Arguably, you are already trying to time the market by holding a sum that would otherwise have been invested. Anther approach would be to make regular contributions (drip feeding) over time, regardless of the market.
Someone else will be along in a moment with more insight than me, but I'd be an advocate for the second approach if you are a long term investor looking to build capital over a 10+ year timeframe. I started doing this 13 years ago and, interestingly, people were asking at the time whether equities were done for as an asset class.
We're in one of those economic shock moments with Brexit and theres plenty of international turbulence from a tradewar between US and China etc... I'm trying to make the right call... But as I've tried to do this previously I've always got it wrong!
However, stuff I'm in has just accelerated for the past 5 months or so and what goes up, must come down Shirley?
https://www.cnbc.com/2019/02/26/warren-buffett-wan...
I understand dripfeeding the market is the best way for amateurs. I did it last year at the start of every month and as a consequence, I feel like an investment genius.
I understand dripfeeding the market is the best way for amateurs. I did it last year at the start of every month and as a consequence, I feel like an investment genius.
Hoofy said:
https://www.cnbc.com/2019/02/26/warren-buffett-wan...
I understand dripfeeding the market is the best way for amateurs. I did it last year at the start of every month and as a consequence, I feel like an investment genius.
As is oft-quoted, by drip-feeding it is time in the market rather than timing the market. Irrespective of what the market does, you keep making your regular contributions. Once you get near (a couple of years) to the deaccumulation date i.e. when you need withdraw for income, you need to start planning and thinking about your choice of investment vehicle based upon a number of potential scenarios that could occur when you withdraw income.I understand dripfeeding the market is the best way for amateurs. I did it last year at the start of every month and as a consequence, I feel like an investment genius.
I've been open with my position - I sold out completely at the start of 2019 (missing out sizeable YTD gains) because I felt - and still do - that the market (S&P500) was far too frothy and that various economic indicators were starting to turn amber. Less of a market dip(s) and more an extended slowdown. For my risk appetite, the (increasing) risks of a global slowdown at some stage (6 months - 18 months) outweighs any potential gains i.e. I'm very bearish, and my current position (cash fund) reflects this.
I also want the ability to go 'all in' in a position if I feel (indicators) that a particular asset represents fair value beyond what the market is currently pricing the asset.
The current market turbulence represents an 'interesting' time for a lot of newer investors, who may not have experienced market turbulence (although the near 20% drop over Dec 18 should have been a hard slap to the face) and are not pyschologically prepared for their portfolios to lose value and turn 'red'. I remember during the 2008 Financial Crisis, a poster on TMF remarked, "I'm not sure whether I should fill my boots or fill my pants!".
If anyone was wondering, my trousers were a brown shade during this period as I saw my RBS
If you are drip-feeding, continue doing what you are doing, irrespective of market conditions. Note: presumes passive index fund. If you are drip-feeding into an actifvely managed fund, you need to keep an eye to gauge performance during market turbulence.
Edited by putonghua73 on Wednesday 7th August 15:39
I decided to go 50% S&P and 50% global small cap, but then shifted my global small cap into 25% DAX and 25% emerging markets, as realised global small cap was mainly US. In all the buying and selling - didn't appreciate it took quite a few days for these sales and purchases to go through - I am down about 50 quid.
Integroo said:
I opened my Vanguard S&S ISA last week. Dipped 5% already. Excellent. Thinking about pulling it out and putting it back into cash. Glad I only dipped my toe in the water with 1500 quid and not with all my savings haha.
It's a bit wierd to get your head around but you need dips to create peaks.Around Dec. As someone has already mentioned here, I was negative....i.e. out of pocket by 50quid on around 50k of investment.... That was pretty sickening bit it's more than recovered now...
Gassing Station | Finance | Top of Page | What's New | My Stuff