I was a steady 30ish% up until the virus hit the markets. Decided early on to sell everything and watch it all play out, I knew it would be getting much much worse.
I still think it’s going to get much much worse before it gets better.
to me some big stocks are already incorporating or have already incorporated current market risks or modelled future risk. I even go further to argue that the market today has seen the bottom.
The shortest peak-to-trough bear market ever was 45 days with the average being closer to 1 year. We are 30 days in right now after the largest global demand shock perhaps in history.
I’m up by 3%, Do I sell all my stock and keep the cash on Standby? As there is stocks in major losses where I wouldn’t invest in them again but some booming, would love to hear your opinions?
The way I see it, it’s only a loss if I sell any holdings. With a long term view, I’m happy to hold and even add to some investments. Markets rise and fall.
I think that’s a good way of looking at it. In some cases, I managed to jump out of my investments and rebuy a bit later once the price had fallen further. I wouldn’t recommend it (not just because we’re not allowed to make recommendations). Anyway, I’m down around 8.5%
Of course the other way to look at it is you lost the money the moment you made the investment, and it’s your chances of getting it back that you’re losing now
Across my various accounts, having just checked then to date I’d say that I am up about 20%-25%. Loving the gold miners (Greatland, Polymetal & Highland) for growth and the Reit’s (Civitas & Primary health) for nice steady dividend income. US Treasuries served me well when everything dropped, but I’ve now sold them and moved the money into equities. Starting to think about Copper miners at the moment as once everything gets going again then they should see a lift.
I am actually up around 15 percent as had a lot of cash and kept buying the dips. Also, my portfolio in Hl went from 50 to 26 but that’s still up and haven’t sold. Most of my portfolio here I have turned into cash now. Not timing the market just waiting on better deals as companies are still above their FV and earnings haven’t been published. I think it will get worse before it gets better. I am going to brace myself.
My basic account I opened in January is +5%.
My ISA account opened 3 weeks ago is +12.5% but I’m sitting of 80% cash.
It seems the general consensus here is that the market is overbought and to wait for another big dip… For this reason I’m starting to doubt myself and wonder if we have already seen the bottom🤔
Exactly 28 days ago i said on this thread that we already touched the bottom. Weeks later it is appearing to be true (so far for me) Even if we go down again, i reckon that it would not be the lows we hit 28 days ago.