Iāve seen a lot of scaremongering from newspapers this week looking for clicks, who are guessing at what the roadmap might be. I think weāll see a bounce from stocks affected by Covid once the announcement is made - unless we really are looking at a slow reopening. That could cause more losses in the short term.
An opportunity to buy the dips ! Itās only a loss on paper (unless you sell at a loss)
Iāve had investments since the beginning of the year, most are now running at a loss, apart from Tesla but that has gone from around 20% uo to only 3% up.
It happens. Just gotta ride it out, and do a bit of shopping for those bargains haha.
Nope, youāve got that one wrong. The santa rally is definitely a thing - normally due to market makers going onto autopilot. Also your comment about payday being priced in makes zero sense, where is it priced in exactly? Across the whole market?!
I didnāt say that people donāt buy more shares at payday or Xmas, it makes sense that they would.
But it wonāt affect the market in a sufficient way that you could benefit from it. Otherwise you would just buy before payday or Xmas and sell right after, and make an easy profit each month
Given that you donāt know which shares people are going to buy, it might just as well be the whole market.
Assuming everyoneās in the green today?
its one of dem days
I canāt help but assume all the boomers and pension funds took all their money and ploughed it into airlines and holiday companies after Borisā plan.
not sure about you guys but Iāve only had one green day in the last 2 week
I had some lovely greens this morning as I invested in some companies that would benefit once lockdown is lifted. But now theyāre dropping again. Plummeting in some cases like JDW.
only just green on YTDā¦
Most of my positions are long term and itās my payday today, so Iām going on a shopping spree
STONKS ARE SUPPOSED TO ONLY GO UP
Greed and market is rattled by Powellās speech.
GOODBYE 2021 PAPER GAINS
PAPER HANDS
VALUE INVESTING LIVES
Nope, Last weekās dip, plus yesterday and today has effectively wiped out all my monthās rather small gains anyway.
Even the world ETF, which had me a mighty Ā£3 profit, is now only a 70p profit. Everything else I invested into is earning me a loss, but theyāre relatively small losses -1 to -3%, which I do expect to recover when the market stops being a Debbie Downer.
Thereās one that has dropped a magnificent 20% though, which is painful, but thankfully I only put Ā£26 in that one. Still almost a Ā£6 loss on that. -_-
Tell you what though⦠Iāll keep buying, but Iām not looking forward to seeing this sort of thing happen with bigger numbers! I need to get my head to chill out with the -/+'s with these otherwise Iāll never cope!
Itās not a great feeling to be honest. I started a week ago and my stocks took off yesterday and I was 110 quid up by 9am this morning. Iām currently sat at -Ā£7. I need to learn to bank profit after stocks increase quickly rather than expecting them to stabilise.
No, thatās the exactly wrong takeaway from this. You need to not sell at all and not try to market time (wonāt work), but stay in the market and dollar cost average. Compounding is king.
Iām down Ā£2k in a week, but you just have to see it as a chance to dollar cost average and buy more - providing you believe in your stocks.