S&P500 at record highs - time to stay in or pull out?
Discussion
Inlineonline said:
my garage shows how effective it is, all bought cash with profits 
FFSI think it's wrong for you to be strongly pushing "advice" on here that would be against all the rules if given by an IFA. There is no "one size fits all" solution. People need a sensible strategy and that strategy needs to exist in the context of a personal risk profile.
For what it's worth I would say exactly the same to anyone whose recommendation was "just buy Premium Bonds".
Panamax said:
Inlineonline said:
my garage shows how effective it is, all bought cash with profits
FFSI think it's wrong for you to be strongly pushing "advice" on here that would be against all the rules if given by an IFA. There is no "one size fits all" solution. People need a sensible strategy and that strategy needs to exist in the context of a personal risk profile.
For what it's worth I would say exactly the same to anyone whose recommendation was "just buy Premium Bonds".
Of course a full individual risk assessment and asset allocation is the first step, I said this some time ago, but it's worth repeating.
(the comment about 'money you don't need for 5-10 years' goes some way to that of course.)
But what I am advising against is assuming that you can time the market or stock pick, because people generally can't
Inlineonline said:
good advice
That's very valuable advice for a newbie at this 
When I was new to all this I had already read that type of advice before but still didn't stop me from getting carried away with the euphoria and losing some back on speculative trades because I thought I was invincible
It's so easy to get carried away and hard work to stay disciplined.
g4ry13 said:
p1stonhead said:
g4ry13 said:
I got fed up of sitting on some money in the ISA and put the rest into silver and some boring vanguard stuff this morning. Definitely doesn't feel like great timing but I've been sitting around watching the market move up.
Being a diverse investor, the cocoa business has been treating me well so far. Got into this a few weeks ago
If you re going to brag, and only show winners, why have you hidden the values?Being a diverse investor, the cocoa business has been treating me well so far. Got into this a few weeks ago
That could be 20%+ on a £5 investment for all we know
I hid the values for the same reason you don't post your bank account details online.
leef44 said:
Inlineonline said:
good advice
That's very valuable advice for a newbie at this When I was new to all this I had already read that type of advice before but still didn't stop me from getting carried away with the euphoria and losing some back on speculative trades because I thought I was invincible
It's so easy to get carried away and hard work to stay disciplined.
pingu393 said:
The best thing that can happen to a new investor is to start small and lose big.
That's exactly what happened to me during my first go at it:I panicked, bailed out and took a big hit percentage-wise. I have learned my lesson, come back in with more money and completely accept that this is to be left alone for at least 5-10 years.
The good news back then was that the money I took out bought me a Porsche 987, which was great fun.
paulguitar said:
pingu393 said:
The best thing that can happen to a new investor is to start small and lose big.
That's exactly what happened to me during my first go at it:I panicked, bailed out and took a big hit percentage-wise. I have learned my lesson, come back in with more money and completely accept that this is to be left alone for at least 5-10 years.
The good news back then was that the money I took out bought me a Porsche 987, which was great fun.
Top effort btw, what was it , AIM?
Inlineonline said:
paulguitar said:
pingu393 said:
The best thing that can happen to a new investor is to start small and lose big.
That's exactly what happened to me during my first go at it:I panicked, bailed out and took a big hit percentage-wise. I have learned my lesson, come back in with more money and completely accept that this is to be left alone for at least 5-10 years.
The good news back then was that the money I took out bought me a Porsche 987, which was great fun.
Top effort btw, what was it , AIM?
Oh wait, no it was the opposite of that
The long term holding and expecting a positive return in the end doesn't work for individual stocks and especially not for AIM stocks in case that needs to be pointed out.
It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
Inlineonline said:
The long term holding and expecting a positive return in the end doesn't work for individual stocks and especially not for AIM stocks in case that needs to be pointed out.
It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
I mean, the complete opposite is true of the big 7 US tech stocks in the last 30 years. It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
I’m gutted I didn’t put everything into Apple even AFTER the iPhone came out when I thought it wouldn’t go much higher.
p1stonhead said:
Inlineonline said:
The long term holding and expecting a positive return in the end doesn't work for individual stocks and especially not for AIM stocks in case that needs to be pointed out.
It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
I mean, the complete opposite is true of the big 7 US tech stocks in the last 30 years. It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
I m gutted I didn t put everything into Apple even AFTER the iPhone came out when I thought it wouldn t go much higher.
p1stonhead said:
g4ry13 said:
I got fed up of sitting on some money in the ISA and put the rest into silver and some boring vanguard stuff this morning. Definitely doesn't feel like great timing but I've been sitting around watching the market move up.
Being a diverse investor, the cocoa business has been treating me well so far. Got into this a few weeks ago
If you re going to brag, and only show winners, why have you hidden the values?Being a diverse investor, the cocoa business has been treating me well so far. Got into this a few weeks ago
That could be 20%+ on a £5 investment for all we know
Inlineonline said:
paulguitar said:
pingu393 said:
The best thing that can happen to a new investor is to start small and lose big.
That's exactly what happened to me during my first go at it:I panicked, bailed out and took a big hit percentage-wise. I have learned my lesson, come back in with more money and completely accept that this is to be left alone for at least 5-10 years.
The good news back then was that the money I took out bought me a Porsche 987, which was great fun.
Top effort btw, what was it , AIM?
AyBee said:
I'm reading that as down 15%, panicked and withdrew the rest? Would be interesting to know how far up you'd be now if you'd left it in...
Exactly that.My brother had some in the same fund, and it was up a fair bit a few months later.
I learned my lesson; it's how I learn, I have to make a major blunder myself.
732NM said:
p1stonhead said:
Inlineonline said:
The long term holding and expecting a positive return in the end doesn't work for individual stocks and especially not for AIM stocks in case that needs to be pointed out.
It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
I mean, the complete opposite is true of the big 7 US tech stocks in the last 30 years. It doesn't even necessarily hold for individual national stock markets (see Japan)
I don't know why Panamax was so snarky.
Which bit of what I said was actually bad advice?
I m gutted I didn t put everything into Apple even AFTER the iPhone came out when I thought it wouldn t go much higher.
Statistically the only way of consistently preserving capital with a very high degree of probability is to hold a very diversified basket of stocks, that's what I was saying. I assumed people could understand that without having it spelt out!
You can extend this to say you should hold a diversified basket of investment and that would not be wrong either, but even with just equities a globally diversified basket is very safe over the long term (10 years or more) historically.
Inlineonline said:
What I mean is on average, of course some individual stocks will recover, but many will not. And you can't predict which ones will.
Statistically the only way of consistently preserving capital with a very high degree of probability is to hold a very diversified basket of stocks, that's what I was saying. I assumed people could understand that without having it spelt out!
You can extend this to say you should hold a diversified basket of investment and that would not be wrong either, but even with just equities a globally diversified basket is very safe over the long term (10 years or more) historically.
You post a lot of stuff you don't mean, then throw in an insult at the person who pointed out what you posted didn't add up.Statistically the only way of consistently preserving capital with a very high degree of probability is to hold a very diversified basket of stocks, that's what I was saying. I assumed people could understand that without having it spelt out!
You can extend this to say you should hold a diversified basket of investment and that would not be wrong either, but even with just equities a globally diversified basket is very safe over the long term (10 years or more) historically.
It's not a great way to interact.
732NM said:
Inlineonline said:
What I mean is on average, of course some individual stocks will recover, but many will not. And you can't predict which ones will.
Statistically the only way of consistently preserving capital with a very high degree of probability is to hold a very diversified basket of stocks, that's what I was saying. I assumed people could understand that without having it spelt out!
You can extend this to say you should hold a diversified basket of investment and that would not be wrong either, but even with just equities a globally diversified basket is very safe over the long term (10 years or more) historically.
You post a lot of stuff you don't mean, then throw in an insult at the person who pointed out what you posted didn't add up.Statistically the only way of consistently preserving capital with a very high degree of probability is to hold a very diversified basket of stocks, that's what I was saying. I assumed people could understand that without having it spelt out!
You can extend this to say you should hold a diversified basket of investment and that would not be wrong either, but even with just equities a globally diversified basket is very safe over the long term (10 years or more) historically.
It's not a great way to interact.
Maybe I should have been clearer but I would have expected people to realise that talking about stocks in general terms implied what I was trying to say, and I apologise if that was not clear.
I'll use shorter words next time and maybe bullet points.
I've been playing with £500 in Trading 212 the past couple of weeks, with the intention of drip feeding monthly into this over the next 10 years. I've got some in VWRP and some in VUAG (the plan was just to stick it in VWRP but I mistook the Vanguard S&P when adding in some more so Ive probably done the opposite of diversify.
I've got £20k in a NatWest S&S balanced fund which is 57% Equities, 42% Bonds and less than 1% cash. I'm wondering whether to leave it in as a safety net with the bonds or whether to just transfer it all across for equities in T212. Dropping a lump sum into market right now does feel like I'm falling into a trap rather than just relying on the cost averaging by putting some in each month.
I've got £20k in a NatWest S&S balanced fund which is 57% Equities, 42% Bonds and less than 1% cash. I'm wondering whether to leave it in as a safety net with the bonds or whether to just transfer it all across for equities in T212. Dropping a lump sum into market right now does feel like I'm falling into a trap rather than just relying on the cost averaging by putting some in each month.
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