Some investors are apparently Panic selling their stocks because they see everything going to sā¦ because the markets are being superficially inflated by the Fed and unemployment is skyrocketing in the States. Are you lot still buying during this? Or are you waiting until the economy starts to recover? I guess all this is a test of nerves right now.
Not panic selling. Iām selling all my stock so I can repurchase them in my ISA.
Not sure what others are doing but Iām continuing to add quality stock every week and add to what I already hold.
Have you checked Amazon, Alphabet and other tech stocks? No sign of any issues there. Think technology; it is the future and the markets know it.
Iāve seen people panic buying because they donāt want to miss out on any further uplift in the market, which is equally as worrying.
I have not sold a thing and kept my investing routine very similar to pre-Covid19 (small amount every week). In March I have invested significantly more.
Currently, I am up about 5-6% but I am fine with the risk of another downturn!
Invest only that which you are prepared to lose. Then, you have nothing to worry about, and everything to gain.
Exactly.
That has always been my strategy I only invest what I can afford to lose.
Well I cannot afford to lose anything. However, I trust the stock market and the diversification rules. Over time I will always make a profit. Have a read of Bob the Worldās Worst investor. Anyone can be better than Bob. Just donāt panic. Buy and close the app and come back in 10 years.
I only buy stocks I am prepared to hold forever so frankly I could care less what the market does in the short term - if anything, there are many opportunities with potentially better still to come.
Hold your nerve (if you can sensibly afford to do so)
I think youāre confusing this with gambling, which is āgamble only that which you are prepared to loseā, as invariably, the house/bookie pretty much always wins.
It should be āinvest only that which you do not need in the short termā, meaning that you donāt use money you need now to pay your rent, bills, etc on investments in case thereās a dip in the market and you have to sell at a loss.
And always diversify in case of instances of a few companies in your portfolio going bust. Debenham was a big regret for me
Thatās probably a better way of putting it
No, Iām not confused ā I simply have a different opinion
Thatās absolutely fine. Given that almost all pensions in the whole world are invested in mostly the stock market, this is a minority opinion though
In which case, your opinion is wrong.
What she said is absolutely correct. If investing has a negative expected return for you (you expect to lose it all, or at least a grand probability of that, as evident in your statement), then why invest at all?
Her formulation is much better, and indeed, correct. You invest that which you do not need short term. Not that which you canāt afford to lose.
If your total assets are Ā£100k and you have Ā£90k in stocks and Ā£10k in cash, can you really āaffordā to lose the Ā£90k?
Spot on, and a point Iāve made in a previous thread.
I am not grafting hard and hoping to put away potentially hundreds of thousands of pounds to end up being skint at 55 years old, with that mind set I may as well keep cash under my mattress.
Diversify enough, and the potential to lose it all is practically zero in the long term.
Itās better to be in stocks than in a savings account right now thatās for sure. The interest rates are crap and could turn negative somewhen.
I think a more appropriate adage would be, invest only what you donāt need to use (in the short term).
Itās not quite as eloquent thoughā¦
Weāre in the same boat