Ftse is approx 14% down from the high in January. I may yet get my 20% drop 
I have been overpaying my mortgage instead of buying shares for the last few months. Might be time to switch back to buying.
There is the danger of ācatching a falling knifeā. Might start with some cautious buys, but Iām not going to pile in just yet
Iām holding fire for the moment. Corona virus is spreading in Europe, now also in Africa and first contagions in the USA. Thereās a very real risk itāll push Germany and Italy in particular in recession as well.
Am all up for a buying opportunity, but donāt think weāve seen the bottom yet. Economic fundamentals in the USA remain sound, but irrational fear is seeping in.
I think we could be looking at 30-50% drop before this clears up. Thoughts ?
I spent last night looking through my stocks and what ones have a low dividend payout %age, lots of cash, and low debt.
These are the companies Iām now averaging down on. The rest of the companies I feel now are really exposed should this really get worse, and for a prolonged time.
Iām still buying the indexes right enough, impossible to predict a bottom but you canāt really turn down a 16% decline imo, in 5 years youāll get well rewarded for being brave.
I guess it depends if itās just the fear around the corona virus, or if it will actually be so severe and last so long that it spills over into real economic damage and pushes some major economies into recession.
30% seems in the realm of possibilities, but itās anyoneās guess.
On a side note I always wondered what it would have been like to start investing in 2008 at all them discount prices, and looking at the bull run that followed.
I read something that more millionaires were made in that time than any other in history.
We might just be taking part in our own 2008, stay positive and play the long game folks 
āHistory doesnāt always repeat itself but it rhymesā
Absolutely true. Iāve already started to shift dry powder into FreeTrade so I can execute when an opportunity arises.
Keeping an eye on my buying list, and when I feel weāre nearing bottom territory Iāll buy the ones that have experienced the biggest drops.
Slowly does it though.
Iām sure it will recover in time, but thereās a saying that stocks take the elevator down and the stairs up. It wonāt recover as fast as if fell so thereās no reason to panic buy.
Do your research and donāt pile all in just yet.
Worth noting that weāre at least a year away from a vaccine. I assumed it would be developed and distributed much faster until learning that. So no silver bullet cure for a while!
AMD could be worth keeping an eye on - looking like itāll have dropped 31% in 9 days when the market opens today.
Got my salary this morning.
One month to bonus though, hopefully prices will still be rock bottom by thenā¦!
Probably the perfect time to just stop the QE and let it happen. Governments can blame the virus and not the artificial lengthening/financial engineering of the bull run.
Personally, I donāt want to carry any additional risk over the weekend just in case more bad news appears. Iām going to stand back, watch how this unfolds, and have a think about things sometime during next week. Iām happy with my current position, but I certainly donāt want to try to catch this āfalling knifeā until it all settles down a bit.
Matt
Am so with you. Wait to see what happens by Monday PM after USA markets opened.
Same here. Adding cash to max my ISA allowance, but not buying any more till it settles. I tried some cost averaging yesterday, but wish I hadnāt.
One thing I wonāt be doing is panic selling - trying to time when this thing will bottom out is not something I have the skills for 
This dip should be seen as a blessing from the market Gods. The last big one was 14 months ago December 2018.
ISA season is upon us (April), itās giving us an opportunity to top up on companies with economic moat.
So many end of the World dipsā¦ record your feelings and record what you did in each tail event.
Flash Crashes
SARS
Japanese / Tsunami
RBS telling everybody to sell
ISIS / Middle East War
China Trade War / Turkish Lira collapsing
Corona Virus
I bet you were scared. I was scared too but I learned many valuable lessons to embrace volatility (there can be no markets without sigma), ignore the noise and stick to companies that were here for long time that are consistently growing their dividend payments year on year.
when AMD drop below 40, Iāll be having me some of that!
I started trading last year and already learnt from my experience with the Donald Trump and China thing. I already made a loss but I just continue buying and hold for long term investment. I might have put too much in this week including today with the free instant orders so for the following few weeks I am going to be extra careful. I have more restraint now!!!
I agree. The Trump volatility was the best thing that could have happened to me.
Best ever lesson learnt!
