Is it me but does the Funds market look a bit frothy
Discussion
bmwmike said:
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.
bmwmike said:
Which one? Did you drop the full 20k into it in one go?
Vanguard.Yes. All in one.
The units I bought had dropped 5% since last Friday, so I think it was just lucky timing,
but nobody knows when the falls will stop, but I will be in it for years, so not worried about any short term falls.
dreamcracker said:
Vanguard.
Yes. All in one.
The units I bought had dropped 5% since last Friday, so I think it was just lucky timing,
but nobody knows when the falls will stop, but I will be in it for years, so not worried about any short term falls.
Which vanguard? They do several. I have ftse, global equity, and emerging markets iirc Yes. All in one.
The units I bought had dropped 5% since last Friday, so I think it was just lucky timing,
but nobody knows when the falls will stop, but I will be in it for years, so not worried about any short term falls.
bmwmike said:
dreamcracker said:
Vanguard.
Yes. All in one.
The units I bought had dropped 5% since last Friday, so I think it was just lucky timing,
but nobody knows when the falls will stop, but I will be in it for years, so not worried about any short term falls.
Which vanguard? They do several. I have ftse, global equity, and emerging markets iirc Yes. All in one.
The units I bought had dropped 5% since last Friday, so I think it was just lucky timing,
but nobody knows when the falls will stop, but I will be in it for years, so not worried about any short term falls.
You may have seen it mentioned in this thread... Best S&S ISA company?
dreamcracker said:
Thanks will take a lookb
hstewie 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.
It’s a bit different in the UK. FTSE100 is back to 3rd quarter 2016 level. 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 dropped half my remaining ISA allowance yesterday, hopefully by the time it transacts I'll be catching the bounce, but if not I'm going to be doing the other half so fingers crossed I'll still be up. It's vanguard 8020 equities...
I've been waiting for a fair few months to buy, but nothing has tripped until now.... Got to take the opportunity... I'm in for a while so either way doesn't matter in short term.
However, every time I've attempted to time the market I've failed more than not. Although I did call the election, so that was a positive.
I've been waiting for a fair few months to buy, but nothing has tripped until now.... Got to take the opportunity... I'm in for a while so either way doesn't matter in short term.
However, every time I've attempted to time the market I've failed more than not. Although I did call the election, so that was a positive.
Passive equity investment should be a long-term game.
If you are buying high equity weighted funds it really isn’t helpful to check the value too frequently otherwise you will fall into the standard beginner’s trap of selling low and buying high.
Either you think you can beat the market or you don’t!
If you are buying high equity weighted funds it really isn’t helpful to check the value too frequently otherwise you will fall into the standard beginner’s trap of selling low and buying high.
Either you think you can beat the market or you don’t!
NickCQ said:
Passive equity investment should be a long-term game.
If you are buying high equity weighted funds it really isn’t helpful to check the value too frequently otherwise you will fall into the standard beginner’s trap of selling low and buying high.
Either you think you can beat the market or you don’t!
Fair enough, but I've saved the price of a new car buy reducing my holdings before the weekend (Dacia rather than Bentley though!). It's not that often I do buy/sell But this feels right.If you are buying high equity weighted funds it really isn’t helpful to check the value too frequently otherwise you will fall into the standard beginner’s trap of selling low and buying high.
Either you think you can beat the market or you don’t!
When it hits North America in any significance I would expect some serious drops, even if short term. Americans in the main are very insular and stuff happening in other countries might as well be on another planet.
I'm just an amateur investor though. It would be good to hear the thoughts of pro's.
Edited by 98elise on Wednesday 26th February 10:52
NickCQ said:
Passive equity investment should be a long-term game.
If you are buying high equity weighted funds it really isn’t helpful to check the value too frequently otherwise you will fall into the standard beginner’s trap of selling low and buying high.
Either you think you can beat the market or you don’t!
Agree with you. I am only buying and not selling. So I'm trying to buy at the best possible price... These global reductions are opportunities to buy. I'm in for the long term so whatever happens there will be no panic sells from me ;-)If you are buying high equity weighted funds it really isn’t helpful to check the value too frequently otherwise you will fall into the standard beginner’s trap of selling low and buying high.
Either you think you can beat the market or you don’t!
98elise said:
Agreed. Don't try to catch a falling knife.
I will buy my funds back when the news looks better.
I'm in a similar position. Fortunately my SIPP contained only one position in a Vanguard ETF. So very easy to liquidate and buy back.I will buy my funds back when the news looks better.
I sold completely on 7th Feb (just after return from Asian holiday where I saw the impact it was having).
At current price I could buy back the same position at around £50k less than when I sold.
But (and its a big but) how to decide when to buy back in. My inclination is to stay out of the market this week and review again Monday.
I understand those who say just stay invested through the peaks and troughs but I'm more of the mind that if you wouldn't currently buy something at the price you hold it now then you should get rid.
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