Is it me but does the Funds market look a bit frothy
Discussion
98elise said:
Dr Mike Oxgreen said:
98elise said:
If the situation with corona looks like it's going to impact the stock market then I want to be far less exposed while things settle.
Eh?What on earth do you mean “if the situation with corona looks like it’s going to impact the stock market”?
Have you been living under a rock for the last three or four weeks?!
Corona has been probably the single biggest impact on global stock markets over the last month. We’ve already been through the worst of it and more-or-less come out the other side - had you not noticed?
Stocks like Easyjet have taken the biggest battering though.
b
hstewie said:
hstewie said:Phooey said:
It'll all be forgotten about and back to normal this time next week
I have no idea if a week is going to be sufficient but I probably wouldn't go on Bloomberg or CNN Money right now if you're easily spooked 
Indeed. It *might* all be gone in a week.....or it could be a downward lurch for a while....who knows.
mikeiow said:
LOL!
Indeed. It *might* all be gone in a week.....or it could be a downward lurch for a while....who knows.
Worth a read from a wise level head.Indeed. It *might* all be gone in a week.....or it could be a downward lurch for a while....who knows.
Warren Buffett says ‘don’t buy or sell’ on the headlines as coronavirus sends stocks plunging
98elise said:
FTSE down 3% today as Corona cases rise in Europe. That's the impact I was hoping to avoid by being out of equities.
If a 3% drop scares you, perhaps equities are not the investment for you.We had comparable drops on and off through January and the early part of this month, interspersed with continued strong performance on the S&P. It’s just turbulence.
And it’s hardly surprising that travel firms are being hit hardest. It’s not all bad though; my Fresnillo shares did very nicely today as everyone retreated into precious metals and pushed the prices up.
Seriously, you have to expect periods like this at least a couple of times a year. It’s all part of the rich tapestry of stock market investing!
mikeiow said:
It *might* all be gone in a week.....or it could be a downward lurch for a while....who knows.
And if it is a downturn that lasts a few months, say, I challenge you to remember it towards the end of this year when equities have put in another year of pretty decent returns. Let’s face it, Trump’s going to get in again, and the markets will love that.Edited by Dr Mike Oxgreen on Monday 24th February 18:53
Dr Mike Oxgreen said:
bmwmike said:
Think of it as a sale
Very true.Be greedy when others are fearful, and be fearful when others are greedy.
It’s potentially a good buying opportunity.
I'm not convinced there aren't lower depths to plumb.....but of course markets are cyclical, and will bounce back. Whether that is 1 week, 1 month, 1 year.....who knows!
Dr Mike Oxgreen said:
98elise said:
FTSE down 3% today as Corona cases rise in Europe. That's the impact I was hoping to avoid by being out of equities.
If a 3% drop scares you, perhaps equities are not the investment for you.We had comparable drops on and off through January and the early part of this month, interspersed with continued strong performance on the S&P. It’s just turbulence.
And it’s hardly surprising that travel firms are being hit hardest. It’s not all bad though; my Fresnillo shares did very nicely today as everyone retreated into precious metals and pushed the prices up.
Seriously, you have to expect periods like this at least a couple of times a year. It’s all part of the rich tapestry of stock market investing!
mikeiow said:
It *might* all be gone in a week.....or it could be a downward lurch for a while....who knows.
And if it is a downturn that lasts a few months, say, I challenge you to remember it towards the end of this year when equities have put in another year of pretty decent returns. Let’s face it, Trump’s going to get in again, and the markets will love that.Edited by Dr Mike Oxgreen on Monday 24th February 18:53
As to equities not being for me, it's funding my early retirement so I'm happy with my investment choices.
I broadly agree that this will blow over, and be forgotten in a year, but in the short term I'm happy to dilute my exposure to dampen any sharp changes.
Dr Mike Oxgreen said:
It’s potentially a good buying opportunity.
Potentially is your important word, otherwise it would be glass globe, tent and Blackpool beach.
I am always careful never to forecast and always take the view, that we never really know until afterwards.
Nothing wrong though with gradually adding to the holding in a good business, when the share price declines. As long as the business is progressing, the share price will eventually respond to increasing profitability.
Are you a medical doctor?
If so, do you see the present worst case scenario, as the horrific 1918 Spanish flu ?
If so, yesterday's price declines might be just the beginning.
superlightr said:
JulianPH said:
You should enjoy checking PH Equity this morning then!
Up just shy of 2% on the day totalling a 14.48% rise over the last 13 weeks.
S&P 500 achieved just 6.9% over the same period, so we doubled this!
quickly checks the dashboard - Up just shy of 2% on the day totalling a 14.48% rise over the last 13 weeks.
S&P 500 achieved just 6.9% over the same period, so we doubled this!
wow - that a nice jump on the PH equity over the last few days let alone the last few months.
Hope to meet up with you and the team if you are at Brands Hatch later in the year.
Seems about right.
https://edition.cnn.com/2020/02/25/investing/prema...
When you look at the graph and realise where this "plunge" has taken us (so far) I think it puts it in perspective a bit.
https://edition.cnn.com/2020/02/25/investing/prema...
When you look at the graph and realise where this "plunge" has taken us (so far) I think it puts it in perspective a bit.
bhstewie said:
hstewie said: Seems about right.
https://edition.cnn.com/2020/02/25/investing/prema...
When you look at the graph and realise where this "plunge" has taken us (so far) I think it puts it in perspective a bit.
I suppose so. Things had been bimbling along nicely for the last month or so & today I'm down by six months living expenses.https://edition.cnn.com/2020/02/25/investing/prema...
When you look at the graph and realise where this "plunge" has taken us (so far) I think it puts it in perspective a bit.
Sambucket said:
Oh I had assumed it was all priced in already. If its in the news it's too late etc. Looking at the graph it looks like the market only recently turned. Does this mean the market initially ignored China basically shutting down? Maybe I should invest actively after all!
Things change when it starts getting close to home. dreamcracker said:
My first S&S ISA went live today, and so far has only lost 30p out of a £20k investment, so it's not all bad.
It's just some spare cash that I moved from an account earning just 0.5% interest.
It will be interesting to see what tomorrow brings.
What did you invest the 20k in?It's just some spare cash that I moved from an account earning just 0.5% interest.
It will be interesting to see what tomorrow brings.
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