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Savings and Investments thread

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  • 7250 for me, please.

    PS Looking at the other guesses, sorry astute financial predictions, I never realised how many optimists we have on Charlton Life!
  • edited January 2022
    Listening to a webinar earlier & the investment house said that the recent sell off was almost done & they are looking to buy back in very soon.....ie this week. 

    As for holding cash in a portfolio (I know @PragueAddick mentioned this last week) - I've never been a lover of this strategy as I feel investment portfolios are for investing into & any cash should be held outside of it in the usual bank or building society accounts. However, with the recent downturn in bonds I wouldn't argue against having a portion of your "safer" assets in cash rather than bonds, but still within your portfolio. Cash might not return much but it wont fall in value, unlike a lot of bonds at the moment. 
  • Listening to a webinar earlier & the investment house said that the recent sell off was almost done & they are looking to buy back in very soon.....ie this week. 

    As for holding cash in a portfolio (I know @PragueAddick mentioned this last week) - I've never been a lover of this strategy as I feel investment portfolios are for investing into & any cash should be held outside of it in the usual bank or building society accounts. However, with the recent downturn in bonds I wouldn't argue against having a portion of your "safer" assets in cash rather than bonds, but still within your portfolio. Cash might not return much but it wont fall in value, unlike a lot of bonds at the moment. 
    Golfie - could you say it a bit louder please because our American cousins across the Atlantic don't seem to have got the message again today!
  • edited January 2022
    Feels like a fund was blowing up/unwinding today. Might be wrong, but the selling was relentless and quite measured, not just a mad rush for the door which would feel more aligned if were retail driven. This sort of unwind could be down to risk mgmt/stop loss triggers etc. In general, a first experience for a lot of the new punters in last couple of years of a downward market, no doubt will have spooked a few
  • Feels like a fund was blowing up/unwinding today. Might be wrong, but the selling was relentless and quite measured, not just a mad rush for the door which would feel more aligned if were retail driven. This sort of unwind could be down to risk mgmt/stop loss triggers etc. In general, a first experience for a lot of the new punters in last couple of years of a downward market, no doubt will have spooked a few
    Are you referring to a specific fund?
  • Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    If only you knew somewhere to put it all on red.
  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    Which just goes back to the comment I made on the previous page - " These are huge falls which just make me think that we kid ourselves we are investing. Really at times like this I can only say we are gambling."

    A year's growth down the pan in a couple of weeks is not investing. 
  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    Which just goes back to the comment I made on the previous page - " These are huge falls which just make me think that we kid ourselves we are investing. Really at times like this I can only say we are gambling."

    A year's growth down the pan in a couple of weeks is not investing. 
    I've always said that the two biggest betting shops in the country are the floor of the LSE (when there was a floor!) and Lloyds of London.
  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    Which just goes back to the comment I made on the previous page - " These are huge falls which just make me think that we kid ourselves we are investing. Really at times like this I can only say we are gambling."

    A year's growth down the pan in a couple of weeks is not investing. 
    did you miss the falls 2 years ago.....?  When the pandemic first hit shares worldwide dropped around 20%. They rebounded within months & most were higher before this recent sell off.

    Shares prices fall & rise. Just sit back & relax..............
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  • I would suggest that if you have any spare cash then now wouldn't be a bad time to dip a toe in. 
  • It's a lot harder for the average/novice investor to buy when there's heavy red in the market. It just doesn't align with their knowledge and expertise. They tend to buy with the graph I've noticed, to feel some comfort, or go to Companies like SJP to manage their "wealth".
  • Listening to a webinar earlier & the investment house said that the recent sell off was almost done & they are looking to buy back in very soon.....ie this week. 

    As for holding cash in a portfolio (I know @PragueAddick mentioned this last week) - I've never been a lover of this strategy as I feel investment portfolios are for investing into & any cash should be held outside of it in the usual bank or building society accounts. However, with the recent downturn in bonds I wouldn't argue against having a portion of your "safer" assets in cash rather than bonds, but still within your portfolio. Cash might not return much but it wont fall in value, unlike a lot of bonds at the moment. 
    Golfie - could you say it a bit louder please because our American cousins across the Atlantic don't seem to have got the message again today!
    I think they might have now got the message - US markets have done a swift about face & are making a fist of being in positive territory by close.
  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    Which just goes back to the comment I made on the previous page - " These are huge falls which just make me think that we kid ourselves we are investing. Really at times like this I can only say we are gambling."

    A year's growth down the pan in a couple of weeks is not investing. 
    You say it every time. 
    If you feel like this you should not be investing. Investing involves a level of risk, even if it's low. 
  • edited January 2022
    wild swings & massive moves on the US markets at the moment. Dow Jones went up by 0.35% within 5 mins. 

    Edit.  Coming up to 9pm & I think the closing bell and the Dow is up 0.25% Might not seem much but was down 2% earlier today. 
  • 7807 for me please
  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    Which just goes back to the comment I made on the previous page - " These are huge falls which just make me think that we kid ourselves we are investing. Really at times like this I can only say we are gambling."

    A year's growth down the pan in a couple of weeks is not investing. 
    You say it every time. 
    If you feel like this you should not be investing. Investing involves a level of risk, even if it's low. 
    You're absolutely right - I do! And when the Dow can fall by a thousand points in the morning and still finish up on the day I have no reason to change my mind.

    Of course investing in the stock market involves a level of risk. But these huge movements which are often  happening now - sometimes wiping out a year's growth in a few days - don't strike me as anything other than casino gambling. 
  • Slightly different to casino gambling, it can be done online and over the phone!
  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    Which just goes back to the comment I made on the previous page - " These are huge falls which just make me think that we kid ourselves we are investing. Really at times like this I can only say we are gambling."

    A year's growth down the pan in a couple of weeks is not investing. 
    You say it every time. 
    If you feel like this you should not be investing. Investing involves a level of risk, even if it's low. 
    You're absolutely right - I do! And when the Dow can fall by a thousand points in the morning and still finish up on the day I have no reason to change my mind.

    Of course investing in the stock market involves a level of risk. But these huge movements which are often  happening now - sometimes wiping out a year's growth in a few days - don't strike me as anything other than casino gambling. 
    I'd like to know where the casino is, where you can lose your shirt, and then a couple of weeks later come back and collect it, nicely laundered and with new better buttons sewn on...  ;)
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  • bobmunro said:
    Sorry to hear about personal losses - it will rebound medium/long-term I'm sure.

    I moved most of my investments to cash a couple of years ago so feeling reasonably secure and protected from the latest downward moves, albeit I accept not a great long-term or smart strategy. That said, I'm 64 so long-term growth isn't as important and at my age it's a low risk strategy that I'm happier with. I still tinker in shares but that's more betting than investment.


    Which just goes back to the comment I made on the previous page - " These are huge falls which just make me think that we kid ourselves we are investing. Really at times like this I can only say we are gambling."

    A year's growth down the pan in a couple of weeks is not investing. 
    You say it every time. 
    If you feel like this you should not be investing. Investing involves a level of risk, even if it's low. 
    You're absolutely right - I do! And when the Dow can fall by a thousand points in the morning and still finish up on the day I have no reason to change my mind.

    Of course investing in the stock market involves a level of risk. But these huge movements which are often  happening now - sometimes wiping out a year's growth in a few days - don't strike me as anything other than casino gambling. 
    I'd like to know where the casino is, where you can lose your shirt, and then a couple of weeks later come back and collect it, nicely laundered and with new better buttons sewn on...  ;)
    Made me chuckle on a grey afternoon! 
  • my SIPP is barely in the black. Stock market is clearly a scam.
    my 6 month old SIPP is now in the red. Hope no one put too much in the "stock" (scam) market, get out whilst you can. Just like Tulip bulbs this
  • my SIPP is barely in the black. Stock market is clearly a scam.
    my 6 month old SIPP is now in the red. Hope no one put too much in the "stock" (scam) market, get out whilst you can. Just like Tulip bulbs this
    If you've only been investing for 6 months then it's far too soon to be gauging where you are in relation to what you've put in. 

    We are in the middle of a few crises. Covid is still around, Boris is a lame duck PM, Biden isnt much better seeing as he can't get much through Congress.........and The Russians want a rumble with everyone.  

    Give it 6 months and you'll wonder what all the fuss is about. 
  • my SIPP is barely in the black. Stock market is clearly a scam.
    my 6 month old SIPP is now in the red. Hope no one put too much in the "stock" (scam) market, get out whilst you can. Just like Tulip bulbs this
    If you've only been investing for 6 months then it's far too soon to be gauging where you are in relation to what you've put in. 

    We are in the middle of a few crises. Covid is still around, Boris is a lame duck PM, Biden isnt much better seeing as he can't get much through Congress.........and The Russians want a rumble with everyone.  

    Give it 6 months and you'll wonder what all the fuss is about. 
    It was a joke :)
  • Nasdaq dropped another 2.3% yesterday. It's now back to where it was in Jan 2021! 
  • mendonca said:
    Nasdaq dropped another 2.3% yesterday. It's now back to where it was in Jan 2021! 
    Anything that is priced on large future earnings a long way out in time, either because it's a growth stock or a punt (say an early stage miner with no revenue) is going to get hit when interest rates rise: the cost of money will have a disproportional effect on those anticipated future earnings.  Worse if, like a lot of biotechs and miners, they are heavily indebted, they get whacked on the future debt servicing costs or even risk of failure, so double whammy.

    Theoretically, good companies will be able to protect margins.  Look at MSFT's earnings yesterday.  As long as inflation doesn't get out of control (big if at the moment) then interest rate rises will eventually be seen as a good thing and the sign of a healthy, growing market, finally off life support after 14 years.  In the short term, there's going to be wild swings as investors in their herds take different views on which way it's going.  FOMC at 7pm today will bring some volatility but hopefully settle a few nerves by tomorrow afternoon.
  • European markets are all up around 2% this morning.

    Told you all not to panic............. :)
  • Not sure those gains will hold tomorrow. Huge swing in the US into the red.
  • 7650 for me please.
  • Dow up almost 500pts. Surely will finish higher today
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