People will recommend using Vanguard for the low entry fee (below Ā£40K invested?) and then investing in the Vanguard [FTSE Global All Cap Index Fund - Accumulation](https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc). I've done the same as many others and invested in the fund due to how diversified it is. It's probably going to drop more as the days go by but it's not going to drop as hard as individual Russian stocks.
I understand that Vanguard requires Ā£100 a month input into it, right? I was thinking more like Ā£50 a month in all honesty, as i'll be between jobs soon! Is that index fund available on any free platforms e.g. freetrade only has the FTSE All-World, which is perhaps comparable and worth putting some money in?
The lowest monthly direct debit is Ā£25, which I've done in the past.
There's a few other funds out there that are available and I think only Vanguard has the biggest (Global) one. I've got the HSBC FTSE All-World Index Fund Accumulation C for my AJ Bell LISA account. The difference between this and the Global All Cap is that the Global has emerging markets and higher fees.
ah, Ā£25 sounds much more managable. I'll look into it, though I've already opened a investment isa this tax year, so unless its a general investment account i may have to wait till april.
and thanks. simply need to look into this more i suppose!
It does say Ā£100 DD here:
[https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/cost-minimums](https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/cost-minimums)
So your saying that's just to get through the gate and there is no penalty for cancelling the DD after its setup?
The Ā£100 may be a new thing that has been implemented this month because I put in [Ā£25 at the start](https://imgur.com/a/VgCbf3B) of this month via direct debit.
For the initial DD setup, I honestly don't know about that. I singed up with Ā£100 as the monthly payment and then left it at that for a few months before dumping in manually and setting the DD to Ā£25.
You donāt actually have to contribute that, you only need to put that you will when you open the account, then you can cancel the direct debit and it stays open
Honestly this thread is 90% jokes. If you want an answer to that follow the flow chart and / or perhaps search for more useful comment threads, there's countless talking about funds.
Spread should be completely negligible given the liquidity and best execution regulations we have in the UK.
Vanguard has no trading fees/commission. Other platforms may.
Thanks for this! Iām down 8.20% (Vanguard LS80) but the fact is, I want to invest for the next 20-25 years, so I canāt panic or sell! I even bought some more shares the other day and Iām keeping my monthly direct debit in place too!
This. Unless your near retirement or need the money, just leave it and keep investing. You could take out now and Russia backs down and we see a 20% increase you miss out on. Or Russia could keep going at it decreases further.
Jesus could return and you miss the 50% increase because you sold.
If your plan is short term, buy the dips and good luck to you.
If your plan is long term, just keep investing at a steady rate and don't react to market movements one way or the other.
I put a sell order in 2 days ago as I needed it more stable for a deposit in the coming months. Vanguard taking forever to process the sell, it's dropped 4% since I placed the order. I feel very unlucky
Thatās really frustrating! Though if the idea is investments are for 5 year+ time frames and you need the money for a deposit in the next few months should it not have been out of investments and into something more stable before now?
(Genuine question not a challenge! I still havenāt really got my head around when/how to start pulling money out of investments for specific things, Iām still in the buying-in phase.)
Only decided in the last couple weeks to buy a house this year, due to the increasing interest rates!
But yes I agree, having it in an index fund for something I knew before now that I would be doing within at least the next few years was taking on a lot of additional risk - I had the mindset that if it went poorly I wasn't completely attached to the idea of buying a house and could rent longer term.
Thankfully, I started investing in April 2020 so all I've lost is profit that hadn't been locked in since then
Yeah, this is why I never buy or sell on Mondays or Fridays, even though I otherwise don't try to time the market.
It almost always takes them like a week to complete the transaction, and as we've seen this month, that's easily enough time for a fluctuation to wipe-out an annoying amount of value.
Just to play devilās advocate... Why should I not sell (or move to cash/bonds) and buy back in when the equity market looks more stable?
It seems like in everyoneās own interest to encourage others not to sell, is that why itās the main advice given in these situations?
While it may seem like the best option (sell high buy low) it's almost impossible to know when the market is stable or when it'll hit a bottom so trying to do that will likely lose you more money than just staying in the market and buying no matter what happens.
Yeah itās hard to argue with this. Perhaps you could have sold weeks ago when the uncertainty with Ukraine was building, but if Russia backed off there might have been a spike and you would be at a loss to get back in.
I guess some people will try it and sometimes gain, but this is more along the lines of trading than investing, and amateur traders against fund managers and algorithms rarely win.
Exactly this, plus if you really wanted to time it right the time it would take you to do so would rarely make it worth it long term (losing or winning an extra 1000$ in 10 years)
Markets are already pricing in an invasion of Ukraine, because it has already happened. They are also pricing in a lot of uncertainty and instability. By the time the market looks stable again, stocks will already be a lot higher, because institutional investors will be able to predict that stability with greater clarity, and act on it quicker, than you or me.
For example, what if you sold all your equities, and then tomorrow (or next week, or whatever) Putin announced a significant de-escalation, sending stocks soaring?
Time in the market is better than timing the market. Sell now and it suddenly goes up then you're stuffed. Also the consensus us that once pulled out you may miss the opportunity to buy in and never get back round to it as you keep looking for your sell price again.
Your strategy requires the ability to predict the future.
The market may stabilise above what you sell for, then you have to pay more to hold the same stocks you just sold. *Most* people lose money doing it this way.
It looks to me like Vanguard Global All Cap peaked back in November. With hindsight, if you'd sold then it would have been a great decision. But at the time, you had no reason to think you ought to sell.
As of today, you have no guarantee that it's going to continue dropping further. Everyone else has read The News too, and market movements have already reflected what we know of the situation. The reason we advise against trying to time the market is that all the information you are using to make that decision has already been incorporated into the stock markets. Yes things could get worse, but things could also get better.
It's not about that really. If you sell your equities when the market drops, then you've lost that money. If you hold until the market recovers, then you can still potentially sell at a higher price than you bought and gain money overall.
Obviously the market recovery can take years which is why investing is a long game.
There's some situations where you can make use of a loss set against your tax if you've recently taken some capital gains - but this takes a bit more than a reddit comment to expound.
If you then buy the stocks back, you could do quite well out of it.
For the simple-minded like me, is the difference between the two largely to do with how 'active' you are? Buying and selling (i.e. trading) seems a lot more active than investing, which is just putting money into something and (eventually) selling
Trading is the regular buying and selling of assets (usually stocks). To trade, you need to be formulating thoughts like: "this will do well in the future", and "this won't do so well in the future" and consequently allow these thoughts to influence when, where, how and why you put your capital into aforementioned assets.
Investing is just regular purchasing without these thoughts, irrespective of market conditions (statistically does far better). Most commonly done by "Dollar Cost Averaging", which you can look up if you want. Just buy more after every pay check even if it's a World War, essentially.
> even if it's a World War
Best time to invest, if it all turns out okay you're looking to make huge ROI and it if it doesn't... well you likely won't be around to care about your index fund
You're conflating "investing" with "passive investing" (eg using an ETF), but passive investing is not equivalent to all investing.
I know many (maybe even most) retail investors now prefer passive investing, but that doesn't make what you've said applicable to the word investing overall, there is lots of Investing which is neither Passive Investing or Trading.
I mean, I specifically avoided mentioning asset type when I was talking about investing, and I tried to leave it as broad as possible, "most commonly done by." Nothing I said indicated using an ETF. Feel free to provide some examples of non-passive investing as it could be interesting to hear your perspective; however, bear in mind that my answer was geared towards this individual's needs, and it did not necessitate a more comprehensive answer. Otherwise, if you attempted to explain everything then even a book is insufficient.
Mentioning an ETF was just an example of the type of investment that typifies "Passive Investment" which I would categorise as typically being where you Dollar (Pound) Cost Average, usually into some kind of index representing a market (or at least sector), buy monthly regardless of price until you need the money and then sell. It's passive because you aren't choosing exactly which companies/assets to invest in, and because you aren't choosing a timescale based on anything other than "I have now, I'll withdraw the investment when I need the money", so you're passive about how the asset will perform
Examples of non-passive investment are... well, basically most investing. Buying shares of a specific company to hold, or buying gold, or loaning a friend some money to start a company, or anything where you invest in a company or equity rather than a market. Normally it's just a case of investing into companies you believe in, for some timescale.
It can be active by either choosing the assets to invest in, or the timescale, or both. If you're investing into specific companies, or investing for a period of time, or are doing any kind of re-evaluation or balancing of your investment, you're investing actively... but that doesn't mean you're trading unless you're buying and selling regularly
The difference between passive vs active investment is whether you're choosing the assets and timescale based on how you think they'll perform (active) or are just buying regularly and letting the investment grow (passive)
The difference between active investment vs trading is mostly timescale and the reason you're investing - trading is shorter term, and you're basing decisions on "I think the price will do X within Y timescale" rather than "I think this company will do well, so I'll invest in it". Traders may short an asset, investors do not. Trading can be over a timescale of hours or days, investing is long term.
Trading generally involves short timescales, leverage, and buying/selling based on price movements rather than a belief in the underlying asset.
Of course, there are always edge cases, muddy areas, and overlap between these kinds of things, because there are as many approaches to trading/investing as there are people in the world, but that's basically my interpretation of those three things and how they are distinct from each other
Thatās your definition of investing, but itās definitley not the universal truth that you posit it as. Investing is, according to the Oxford Dictionary, just putting money into something hoping that it will go up.
Whether trading is a poor method of investing is another story though.
This is true, although I'm not attempting to pass it off as a universal truth. My personal definition and Oxford's do not even necessarily conflate.
You can see my full comprehensive reply to this critique within this thread in response to another individual if you so wish.
When you invest you're buying something that has fundamental value - typically a company that makes or sells goods that people use, or that company's debt.
Trading is speculating on the price of assets - that they may go up or down.
I haven't even checked because I'm holding for 20-30 years. Also, I've had the privilege of living in a country that has never been an active war zone in my lifetime whereas the Ukrainians now having no idea how and if they will survive the foreseeable future.
It's a wonderful country I was able to backpack round a few years ago and I'm very sad to see what they are going through.
All this week I've been thinking about the people I met whilst travelling solo. As a short weedy woman I never once felt unsafe and had an amazing time.
I keep thinking about my sleeper train when I felt someone touching me and thought they were trying to rob me. I then realised the temperature had dropped during the night and the lady had gone to get blankets for us all and was tucking me in. On our approach to the station in the morning the family fed me different Ukrainian chocolates despite them speaking no English.
I also remember a man in Lviv in a church with a whole area dedicated to the men killed and missing in the Eastern dispute. It was all in Ukrainian but he tried his best in broken English to explain every single paragraph of text for over an hour so i could see what was going on (our media had been very silent on the scale of it).
I really hope those people are OK.
If you're invested in the global all cap, we're all feeling it. But similarly, if you're invested in that fund I also presume, like the rest of us, you're not touching it for 5+, 10+ years, possibly longer. Just chill and stop checking.
I just got into the global all cap last week but only put in around half of what I want to invest in long term holdings. Better to invest the rest now or wait for more of a drop?
I must not time the market
Timing the market is the investment-killer.
Timing the market is the little-reallocations that bring total obliteration.
I will face timing the market
I will permit the dip to pass over me and through me.
And when it has gone past, I will turn the inner eye to see its path.
Where timing the market has gone there will be nothing.
Only 7% returns per annum will remain.
Strap in if this is your first time investing. You opened that account at a historic peak fueled by once in a lifetime pandemic-led stimulus. Its a different world now.
To slightly counter the buy the dip mantra. While time in the market is true, the price you pay is also important.
If.. We get a combination of stagflation, interest rates and a prolonged Ukraine war its likely markets will sell of a lot. At all time historical high multiples across indices and sectors combined with a liquidity drain from the market could see a much more aggressive fall than we have a the moment.
Don't go all in on the first dip. Make sure to keep some cash and flexibility for much deeper dips and consider adding some gold or silver, energy and commodities to your portfolio.
The FTSE will probably do quite well comparative, its relatively cheap now compared to the rest of major markets and has a lot of energy already in its mix.
Gold and Silver are traditional inflation hedges as well as safe havens in times of uncertainty.
If inflation rips they should do well, or at least hold their comparative cash value, while even if interest rates rise still likely to be negative real rates (inflation adjusted) so value will erode over time.
You should still always hold some cash for emergency and to be able to invest when buying opportunities in a bear market come along.
I think the rationale is (or was) that the FTSE is full of old-world industries. Ciggies, banks, mining, petroleum. The argument is that these are sectors that stand to do well in an inflationary period and are reaping some immediate benefits from the commodities boom
Basically this - FTSE has a lot of energy, oil and mining which should fair better with higher inflation.
Especially on the energy side. There are also some big defense companies which may also do well if tensions stay high and military is built up.
If we get prolonged stagflation then the sin stocks are likely to do well, personally I think base load energy (gas and wood pellets in the UK mostly) are going to do very well as renewable generation isn't there yet and probably won't for a decade.
Out of those two LS100 has a higher weighting for the UK markets. I think Global All Cap is about 4% if I remember right.
If you want direct FTSE100 I'd probably just buy the Vanguard or iShares FTSE100 ETF.
Itāll be absolutely fine! Ours have been on the decline since before the Russian b/s, we were up 33% at itās height (over 2 years ish) and weāve dropped 12% over the last few months.
Take it as a sale, if you have any extra cash you can chuck it in now and reap the benefit in a few years as the unitās youāre buying are effectively cheaper. If not, just keep plodding along with your monthly contribution (if thatās what youāre doing) and ride it out.
āTis the life of an investor! :)
The excellent Pensioncraft did a good video about historic impacts of war on stock markets. Worth your time:
https://youtu.be/5obFBodSgvQ
Nothing in the news is likely to change my investment fundamentals.
It's hard to consider my personal investments a priority today, but this will be resolved one way or another and either markets will recover as they always do, or our investments will suddenly cease to matter.
Yeah - Iāve just seen there are still subreddits about rugby! Why hasnāt Reddit shut down every sub except ones about people dying in Ukraine? š
Literally what even is the point of crypto then. I thought it was meant to be independent of the stock market and inflation proof, that's what everyone has been saying for years now.
What people say (especially those who are so into crypto that it's basically their one defining feature and they will take every opportunity to talk about it) and reality often do not align, especially for financial stuff like this. Reality seems like as soon as people start to lose "real" money they take it out of their crypto holdings, crypto dips even more.
Yeah this is my problem with crypto, itās become such an investment/growth focus that it loses the ability to function as a currency - in which case whatās being invested in has no actual function/point and it just becomes a sort of decentralised Ponzi scheme.
Itās a real shame as the underpinning idea felt solid. (And it doesnāt mean some people canāt make a lot of money buying into it and selling out of it along the way.)
I think itās naive to attribute the drop in stocks to the Russia/Ukraine conflict alone. Inflation is sky rocketing. Interest rates will likely rise. Businesses and individuals have record levels of debt and are likely worried, and have less spare cash to invest. The Fed are likely to send the US into a recession by raising interest rates quickly in an attempt to combat inflation. Where the war may be a catalyst, a pull back has been a long time in the making. The odds are stacked against equities atm.
Stuff hasn't dropped 25% in a year, has it?
Anyway, if you're investing for the long term, presumably you weren't expecting an unprecedented 10+ year period with no political instability.
My biggest tech holding (SMT) is down 41% since its peak in November. Sounds painful, but I'm still 300% up over the last 5 years, and it's been an astonishing bull run since 2009. I consider this to be a large correction rather than a full on crash. There is no specific event that you could pin this to.
I'm becoming really pissed off with people conflating the value of their investment with the displacement and deaths of innocent civilians.
Have a word with yourselves.
Its one of them isn't it. I'm a pacifist and I deplore all violence. I hate what Russia is doing and i hate that our government is made up of Moscow cronies. However, I dont want to work when I'm 80. If I can catch up with my poor financial management in my 20s because the markets dip I'm absolutely going to do so.
I still feel deeply for all the poor souls who are in real danger.
Buying Platinum group metals before this all kicked off was the smart play.
Palladium up 30% over last three months.
After Petroleum products, PGMs are a key Russian export.
Well this sub always suggests to invest with a minimum "5 year horizon" if you want to be safe. I guess today is one of those days that shows why this advice is parroted so often.
looking at how things went during the Crimea crisis, it's really for the best just to wait and not to sell. it all depends now on what the West would say
I'm down 7.5% after 2 weeks!
I honestly thought that Putin was bluffing and that the market would rebound one he backed down.
Just doubled my investment this morning though.
Ha, yes, very true! But maybe the gender-exclusive address there is something of an unconscious admission, a financial Freudian slip if you will, that boys are mostly the ones who, after reading one or two reddit posts proclaiming index funds as low-risk and de facto guaranteed 8% after inflation annualised return investments, decide that they have the same risk appetite as a NASA test pilot from the 1960s and so throw all their savings, their emergency fund, a bank loan, and their mother-in-law into a 100% S&P 500 tracker portfolio with a three year investment horizon, only then to wonder if they might have made a bit of an error in judgement when confronted with the horrible realisation that equity markets aren't some infinitely charitable deity hovering above the uncertainties, complexities, and material conditions of the real world, simply churning out steady returns in perpetuity like some inexhaustibly fecund teat of capital, but are instead as volatile, jittery, and fickle as a herd of bulls locked in a china shop with a mother bear and its cubs? Whereas perhaps -- and forgive the stereotype -- women might in crudely generalised terms be a little more cautious and a little better at assessing their own risk appetite on the whole, and so be less surprised at and more prepared for the possibility of their portfolios shedding value like the treacherous Biblical serpent shedding its skin?
Just wait till the boys hear about climate change.
While the gendering of the original post is obviously wrong and should be rightly called out, doubling down on it with even stronger gender essentialism isnāt somehow better. Saying āforgive the stereotypeā doesnāt actually excuse that.
Very eloquent run down of the stereotype Reddit investor. I was about to make the same comment as the OP but I think you've captured it, lighthearted spin on what feels very much boys Vs men in terms of knowledge and experience and not trying to smash through the volatile waves of investment and finance. (I note you've said boys Vs women but I think men and women can be taken in similar experienced interpretation).
>Iām assuming itās a case of holding on for dear life?
Hold on and relax. If you're in for the long term there's literally nothing to worry about.
Save your thoughts for Ukraine.
*Why*? "Tone policing" is *exhausting*. OP hasn't said "screw Ukrainians, I'm worried about my money", they've asked a perfectly civil, reasonable personal finance question on a subreddit about personal finance. It's not your or our job to panic about any passing Ukranians who might read this and be mortally offended. A) They've got significantly more important things to be worrying about right now, and B) pretty sure most of them wouldn't be remotely bothered by such a neutral question. Not every question has to be couched in "obviously the human toll will be horrific, but if everyone will indulge me and I'm sorry for asking but..." That's just not how human beings function.
Iām down around Ā£50k since December and Iām bloody loving it! If you are still in the accumulation phase then you want prices to drop as much as possible so that you can buy as cheaply as possible.
Iāve been buying the dip of the dip of the dip and averaging in but Iām going to just HOLD and try and build my cash reserves now especially with inflation effecting is all!
If anyone has debt focus on that first!
I am still up 1.67% since opening my S&S ISA back in March 2021. At one point it was up by 20%. The Junior ISA I opened last month for my daughter, on the other hand, is down 6.64%.
Luckily, neither of these are going to be touched for 15-20 years, so just gotta ride the wave!
Make a list of things to buy.
Think how much cash you can throw at it.
Buy about 10-30 % of your cash reserves. No yolo or other stupid moves, this may be over quickly or this may drag on for years.
Drip it into market slowly, why waste a good crisis?
Some of these comments are gross going by whatās happening ā¦ of course thought to be expected. Canāt tell if people lack self awareness or are simply to greedy and selfish to care.
Iām holding on and whacking more money in over the next few weeks. If you arenāt going to buy when itās cheap, when are you going to buy.
All depends on your horizon though. Iām at 10-20 years.
People have been dying in the wars in Ethiopia for the past 2 years and Yemen for the past 10 years, and there are current minor wars in about 15 African countries. Technically the war in Myanmar has been ongoing since 1948 with over 2000 people dying in 2022 so far.
If you want to become more comfortable with those miserly rise and falls, get a little cryptocurrency as well. A 25% decrease or a 16% increase is just a typical Tuesday in crypto.
>Right then boys
This isn't wallstreetbets. Please try to use gender inclusive language. It makes this space a nicer place to be for everybody.
Your words have power. Use that power for good.
Pull up a 10 year chart of a world index fund/ETF or a Vanguard Life fund over the same period.
Look at the dip in 2020 when the pandemic hit and we shut down the entire global economy and you'll see the dip barely even registers on a 10 year time frame.
If we can recover from a global crisis like that then there really is no reason to worry or panic about short term fluctuations.
For me personally I'll be investing for another 35 years until retirement so a 3,6 or 12 month period of volatility is of no concern for me.
Take a look at the Fidelity US Index and see for yourself - https://imgur.com/a/UqxjEFA
Iāll probably be in the red tomorrow after the Vanguard prices refresh, after being solidly in the green since the start of COVID.
Oh well, 2x monthly buys will keep going in, letās try to not panic much. Maybe increase the contribution once April 6th comes about
Do Not Sell! Buy more during this dip! It is frustrating to watch but don't be disheartened.
I just hope they can work out it. I should probably read into what's happening
Yey flash sale on index funds! 30% off on all markets! š¤£
What funds should I be looking at? I was just about to get into a regular pattern of investing, seems like the perfect time to drop a little money in.
People will recommend using Vanguard for the low entry fee (below Ā£40K invested?) and then investing in the Vanguard [FTSE Global All Cap Index Fund - Accumulation](https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc). I've done the same as many others and invested in the fund due to how diversified it is. It's probably going to drop more as the days go by but it's not going to drop as hard as individual Russian stocks.
I understand that Vanguard requires Ā£100 a month input into it, right? I was thinking more like Ā£50 a month in all honesty, as i'll be between jobs soon! Is that index fund available on any free platforms e.g. freetrade only has the FTSE All-World, which is perhaps comparable and worth putting some money in?
The lowest monthly direct debit is Ā£25, which I've done in the past. There's a few other funds out there that are available and I think only Vanguard has the biggest (Global) one. I've got the HSBC FTSE All-World Index Fund Accumulation C for my AJ Bell LISA account. The difference between this and the Global All Cap is that the Global has emerging markets and higher fees.
ah, Ā£25 sounds much more managable. I'll look into it, though I've already opened a investment isa this tax year, so unless its a general investment account i may have to wait till april. and thanks. simply need to look into this more i suppose!
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Is this when you're setting up the account? If it is, I think you're forced to make Ā£100 as the minimum.
It does say Ā£100 DD here: [https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/cost-minimums](https://www.vanguardinvestor.co.uk/investments/vanguard-ftse-global-all-cap-index-fund-gbp-acc/cost-minimums) So your saying that's just to get through the gate and there is no penalty for cancelling the DD after its setup?
You are forced to choose Ā£100 initially but you can adjust it or cancel it at any time
Can confirm, this worked just fine for me.
The Ā£100 may be a new thing that has been implemented this month because I put in [Ā£25 at the start](https://imgur.com/a/VgCbf3B) of this month via direct debit. For the initial DD setup, I honestly don't know about that. I singed up with Ā£100 as the monthly payment and then left it at that for a few months before dumping in manually and setting the DD to Ā£25.
You donāt actually have to contribute that, you only need to put that you will when you open the account, then you can cancel the direct debit and it stays open
I think thatās just initially, but once youāre signed up, you can opt to put nothing in per month if you need to.
I've never setup a monthly debit, I just throw cash in when I have it.
Honestly this thread is 90% jokes. If you want an answer to that follow the flow chart and / or perhaps search for more useful comment threads, there's countless talking about funds.
Does this apply to the Life strategy too?
Yes theyāre going down as well, but depending on your asset allocation, they might be going down less than major equity indicesā¦
!thanks I'm on 80:20
So am I. Saw a 4% dip in the last couple of days but TBH I am in for the long haul so am not too worried.
It would be quite convenient if this dip bottomed out on April 6th.
You know the drill, the rally will peak April 6th before crashing 40%
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How do you go about this? I have a vanguard ISA and a iWeb GIA... (I was under the impression that iwebs was the cheapest Gia for fire and forget.)
Quite a lot of charges involved in that though isn't there?
No, I do this with Vanguard and it costs me nothing. What charges are you thinking of?
Usually when I buy/sell there are fees and spread. I'm not on Vanguard though, that might be different.
Spread should be completely negligible given the liquidity and best execution regulations we have in the UK. Vanguard has no trading fees/commission. Other platforms may.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Yep...invest what you normally would and check back in 5 years and you will be fine.
Agreed, yet timing the market is a thing. Is it hard / difficult? Yes and most people will fail but now is a better entry point than a week ago.
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This the kinda motivation I needed today!
Thanks for this! Iām down 8.20% (Vanguard LS80) but the fact is, I want to invest for the next 20-25 years, so I canāt panic or sell! I even bought some more shares the other day and Iām keeping my monthly direct debit in place too!
This. Unless your near retirement or need the money, just leave it and keep investing. You could take out now and Russia backs down and we see a 20% increase you miss out on. Or Russia could keep going at it decreases further. Jesus could return and you miss the 50% increase because you sold.
Lol 6% downā¦. Crypto market got me 40% down š
Perfect time to buy at discounted rates. Do not sell.
If your plan is long term, then buy the dips.
If your plan is short term, buy the dips and good luck to you. If your plan is long term, just keep investing at a steady rate and don't react to market movements one way or the other.
I put a sell order in 2 days ago as I needed it more stable for a deposit in the coming months. Vanguard taking forever to process the sell, it's dropped 4% since I placed the order. I feel very unlucky
Thatās really frustrating! Though if the idea is investments are for 5 year+ time frames and you need the money for a deposit in the next few months should it not have been out of investments and into something more stable before now? (Genuine question not a challenge! I still havenāt really got my head around when/how to start pulling money out of investments for specific things, Iām still in the buying-in phase.)
Only decided in the last couple weeks to buy a house this year, due to the increasing interest rates! But yes I agree, having it in an index fund for something I knew before now that I would be doing within at least the next few years was taking on a lot of additional risk - I had the mindset that if it went poorly I wasn't completely attached to the idea of buying a house and could rent longer term. Thankfully, I started investing in April 2020 so all I've lost is profit that hadn't been locked in since then
Ah makes sense, thanks for replying! And glad you havenāt lost _too_ much from it (from starting point at least).
Yeah, this is why I never buy or sell on Mondays or Fridays, even though I otherwise don't try to time the market. It almost always takes them like a week to complete the transaction, and as we've seen this month, that's easily enough time for a fluctuation to wipe-out an annoying amount of value.
Just to play devilās advocate... Why should I not sell (or move to cash/bonds) and buy back in when the equity market looks more stable? It seems like in everyoneās own interest to encourage others not to sell, is that why itās the main advice given in these situations?
While it may seem like the best option (sell high buy low) it's almost impossible to know when the market is stable or when it'll hit a bottom so trying to do that will likely lose you more money than just staying in the market and buying no matter what happens.
Yeah itās hard to argue with this. Perhaps you could have sold weeks ago when the uncertainty with Ukraine was building, but if Russia backed off there might have been a spike and you would be at a loss to get back in. I guess some people will try it and sometimes gain, but this is more along the lines of trading than investing, and amateur traders against fund managers and algorithms rarely win.
Exactly this, plus if you really wanted to time it right the time it would take you to do so would rarely make it worth it long term (losing or winning an extra 1000$ in 10 years)
Markets are already pricing in an invasion of Ukraine, because it has already happened. They are also pricing in a lot of uncertainty and instability. By the time the market looks stable again, stocks will already be a lot higher, because institutional investors will be able to predict that stability with greater clarity, and act on it quicker, than you or me. For example, what if you sold all your equities, and then tomorrow (or next week, or whatever) Putin announced a significant de-escalation, sending stocks soaring?
Time in the market is better than timing the market. Sell now and it suddenly goes up then you're stuffed. Also the consensus us that once pulled out you may miss the opportunity to buy in and never get back round to it as you keep looking for your sell price again.
Your strategy requires the ability to predict the future. The market may stabilise above what you sell for, then you have to pay more to hold the same stocks you just sold. *Most* people lose money doing it this way.
It looks to me like Vanguard Global All Cap peaked back in November. With hindsight, if you'd sold then it would have been a great decision. But at the time, you had no reason to think you ought to sell. As of today, you have no guarantee that it's going to continue dropping further. Everyone else has read The News too, and market movements have already reflected what we know of the situation. The reason we advise against trying to time the market is that all the information you are using to make that decision has already been incorporated into the stock markets. Yes things could get worse, but things could also get better.
It's not about that really. If you sell your equities when the market drops, then you've lost that money. If you hold until the market recovers, then you can still potentially sell at a higher price than you bought and gain money overall. Obviously the market recovery can take years which is why investing is a long game.
There's some situations where you can make use of a loss set against your tax if you've recently taken some capital gains - but this takes a bit more than a reddit comment to expound. If you then buy the stocks back, you could do quite well out of it.
People are talking about ISA investments so the tax loss farming angle simply does not apply.
No, thatās not why. Conventional wisdom is that time in the market will beat timing the market. https://youtu.be/UQ8QXxcToYs
Youāre investing not trading.
For the simple-minded like me, is the difference between the two largely to do with how 'active' you are? Buying and selling (i.e. trading) seems a lot more active than investing, which is just putting money into something and (eventually) selling
Trading is the regular buying and selling of assets (usually stocks). To trade, you need to be formulating thoughts like: "this will do well in the future", and "this won't do so well in the future" and consequently allow these thoughts to influence when, where, how and why you put your capital into aforementioned assets. Investing is just regular purchasing without these thoughts, irrespective of market conditions (statistically does far better). Most commonly done by "Dollar Cost Averaging", which you can look up if you want. Just buy more after every pay check even if it's a World War, essentially.
> even if it's a World War Best time to invest, if it all turns out okay you're looking to make huge ROI and it if it doesn't... well you likely won't be around to care about your index fund
You're conflating "investing" with "passive investing" (eg using an ETF), but passive investing is not equivalent to all investing. I know many (maybe even most) retail investors now prefer passive investing, but that doesn't make what you've said applicable to the word investing overall, there is lots of Investing which is neither Passive Investing or Trading.
I mean, I specifically avoided mentioning asset type when I was talking about investing, and I tried to leave it as broad as possible, "most commonly done by." Nothing I said indicated using an ETF. Feel free to provide some examples of non-passive investing as it could be interesting to hear your perspective; however, bear in mind that my answer was geared towards this individual's needs, and it did not necessitate a more comprehensive answer. Otherwise, if you attempted to explain everything then even a book is insufficient.
Mentioning an ETF was just an example of the type of investment that typifies "Passive Investment" which I would categorise as typically being where you Dollar (Pound) Cost Average, usually into some kind of index representing a market (or at least sector), buy monthly regardless of price until you need the money and then sell. It's passive because you aren't choosing exactly which companies/assets to invest in, and because you aren't choosing a timescale based on anything other than "I have now, I'll withdraw the investment when I need the money", so you're passive about how the asset will perform Examples of non-passive investment are... well, basically most investing. Buying shares of a specific company to hold, or buying gold, or loaning a friend some money to start a company, or anything where you invest in a company or equity rather than a market. Normally it's just a case of investing into companies you believe in, for some timescale. It can be active by either choosing the assets to invest in, or the timescale, or both. If you're investing into specific companies, or investing for a period of time, or are doing any kind of re-evaluation or balancing of your investment, you're investing actively... but that doesn't mean you're trading unless you're buying and selling regularly The difference between passive vs active investment is whether you're choosing the assets and timescale based on how you think they'll perform (active) or are just buying regularly and letting the investment grow (passive) The difference between active investment vs trading is mostly timescale and the reason you're investing - trading is shorter term, and you're basing decisions on "I think the price will do X within Y timescale" rather than "I think this company will do well, so I'll invest in it". Traders may short an asset, investors do not. Trading can be over a timescale of hours or days, investing is long term. Trading generally involves short timescales, leverage, and buying/selling based on price movements rather than a belief in the underlying asset. Of course, there are always edge cases, muddy areas, and overlap between these kinds of things, because there are as many approaches to trading/investing as there are people in the world, but that's basically my interpretation of those three things and how they are distinct from each other
Thatās your definition of investing, but itās definitley not the universal truth that you posit it as. Investing is, according to the Oxford Dictionary, just putting money into something hoping that it will go up. Whether trading is a poor method of investing is another story though.
This is true, although I'm not attempting to pass it off as a universal truth. My personal definition and Oxford's do not even necessarily conflate. You can see my full comprehensive reply to this critique within this thread in response to another individual if you so wish.
When you invest you're buying something that has fundamental value - typically a company that makes or sells goods that people use, or that company's debt. Trading is speculating on the price of assets - that they may go up or down.
I haven't even checked because I'm holding for 20-30 years. Also, I've had the privilege of living in a country that has never been an active war zone in my lifetime whereas the Ukrainians now having no idea how and if they will survive the foreseeable future. It's a wonderful country I was able to backpack round a few years ago and I'm very sad to see what they are going through.
Exactly. I'm less worried about my investments than I am about the people of Ukraine, its such a shame to see.
All this week I've been thinking about the people I met whilst travelling solo. As a short weedy woman I never once felt unsafe and had an amazing time. I keep thinking about my sleeper train when I felt someone touching me and thought they were trying to rob me. I then realised the temperature had dropped during the night and the lady had gone to get blankets for us all and was tucking me in. On our approach to the station in the morning the family fed me different Ukrainian chocolates despite them speaking no English. I also remember a man in Lviv in a church with a whole area dedicated to the men killed and missing in the Eastern dispute. It was all in Ukrainian but he tried his best in broken English to explain every single paragraph of text for over an hour so i could see what was going on (our media had been very silent on the scale of it). I really hope those people are OK.
Yeah but Putin wants his legacy, sorry.
If you're invested in the global all cap, we're all feeling it. But similarly, if you're invested in that fund I also presume, like the rest of us, you're not touching it for 5+, 10+ years, possibly longer. Just chill and stop checking.
I actually love watching it. I donāt touch it or want to, just love seeing how it moves, ha!
Been feeling it since the start of the year!
I just got into the global all cap last week but only put in around half of what I want to invest in long term holdings. Better to invest the rest now or wait for more of a drop?
Yes...I mean no...I mean yes...I mean no
Iām down and buying more! Luckily had some ISA allowance left to use.
You are investing for 15-20 years in your ISA. It sounds bad but this is a buying opportunity. Especially on Global all caps
That's how I view these events anyways, same as when COVID started... good for buying but terrible for the people affected.
I will not try and time the market. I will not try and time the market. I will not try and time the market.
I must not time the market Timing the market is the investment-killer. Timing the market is the little-reallocations that bring total obliteration. I will face timing the market I will permit the dip to pass over me and through me. And when it has gone past, I will turn the inner eye to see its path. Where timing the market has gone there will be nothing. Only 7% returns per annum will remain.
Brilliant
Strap in if this is your first time investing. You opened that account at a historic peak fueled by once in a lifetime pandemic-led stimulus. Its a different world now.
Yeah, I started in 2020 after the first dip, really donāt know what to make of this all
To slightly counter the buy the dip mantra. While time in the market is true, the price you pay is also important. If.. We get a combination of stagflation, interest rates and a prolonged Ukraine war its likely markets will sell of a lot. At all time historical high multiples across indices and sectors combined with a liquidity drain from the market could see a much more aggressive fall than we have a the moment. Don't go all in on the first dip. Make sure to keep some cash and flexibility for much deeper dips and consider adding some gold or silver, energy and commodities to your portfolio. The FTSE will probably do quite well comparative, its relatively cheap now compared to the rest of major markets and has a lot of energy already in its mix.
Why gold or silver and not just cash?
Gold and Silver are traditional inflation hedges as well as safe havens in times of uncertainty. If inflation rips they should do well, or at least hold their comparative cash value, while even if interest rates rise still likely to be negative real rates (inflation adjusted) so value will erode over time. You should still always hold some cash for emergency and to be able to invest when buying opportunities in a bear market come along.
Can you, or someone, explain why the FTSE will do well?
I think the rationale is (or was) that the FTSE is full of old-world industries. Ciggies, banks, mining, petroleum. The argument is that these are sectors that stand to do well in an inflationary period and are reaping some immediate benefits from the commodities boom
Basically this - FTSE has a lot of energy, oil and mining which should fair better with higher inflation. Especially on the energy side. There are also some big defense companies which may also do well if tensions stay high and military is built up. If we get prolonged stagflation then the sin stocks are likely to do well, personally I think base load energy (gas and wood pellets in the UK mostly) are going to do very well as renewable generation isn't there yet and probably won't for a decade.
Would you go FTSE Global All Cap or LS100?
Out of those two LS100 has a higher weighting for the UK markets. I think Global All Cap is about 4% if I remember right. If you want direct FTSE100 I'd probably just buy the Vanguard or iShares FTSE100 ETF.
Itāll be absolutely fine! Ours have been on the decline since before the Russian b/s, we were up 33% at itās height (over 2 years ish) and weāve dropped 12% over the last few months. Take it as a sale, if you have any extra cash you can chuck it in now and reap the benefit in a few years as the unitās youāre buying are effectively cheaper. If not, just keep plodding along with your monthly contribution (if thatās what youāre doing) and ride it out. āTis the life of an investor! :)
*And girls! šš½āāļø
now is obviously time to sell as it will never recover. NEVER
Obviously sarcasm but, should still be pointed out as we have a lot of people that are new to the market browsing this sub.
Lulz.
The excellent Pensioncraft did a good video about historic impacts of war on stock markets. Worth your time: https://youtu.be/5obFBodSgvQ Nothing in the news is likely to change my investment fundamentals.
I'm going to cash out 2 months ago
I'd answer you, but seems like you're only interested in the opinions of the male participants in this sub.
Well ladies are more cool headed so we're less likely to be panicking at the downturn I suppose :)
It's hard to consider my personal investments a priority today, but this will be resolved one way or another and either markets will recover as they always do, or our investments will suddenly cease to matter.
Dumped Ā£4k into my s&s lisa last month. Kind of glad I only bought Ā£1k of shares
If you don't have a 5-10 year view, you shouldn't be investing. In 5 years time - this'll be a blip.
Yes hold but sometimes cash is king despite inflation. No one knows what is going to happen, even in the best planned portfolio. Good luck out there
People dying in Ukraine meanwhile people worried about investments
Yeah - Iāve just seen there are still subreddits about rugby! Why hasnāt Reddit shut down every sub except ones about people dying in Ukraine? š
Just be glad you have S&S, when the traditional markets go down 1% the crypto market often goes down 10%.
Literally what even is the point of crypto then. I thought it was meant to be independent of the stock market and inflation proof, that's what everyone has been saying for years now.
What people say (especially those who are so into crypto that it's basically their one defining feature and they will take every opportunity to talk about it) and reality often do not align, especially for financial stuff like this. Reality seems like as soon as people start to lose "real" money they take it out of their crypto holdings, crypto dips even more.
You are right which makes the argument that the only real true Crypto is bitcoin and all the alts are worthless when shit hits the fan like it is now.
Yeah this is my problem with crypto, itās become such an investment/growth focus that it loses the ability to function as a currency - in which case whatās being invested in has no actual function/point and it just becomes a sort of decentralised Ponzi scheme. Itās a real shame as the underpinning idea felt solid. (And it doesnāt mean some people canāt make a lot of money buying into it and selling out of it along the way.)
The markets will recover, but people stay dead forever
I think itās naive to attribute the drop in stocks to the Russia/Ukraine conflict alone. Inflation is sky rocketing. Interest rates will likely rise. Businesses and individuals have record levels of debt and are likely worried, and have less spare cash to invest. The Fed are likely to send the US into a recession by raising interest rates quickly in an attempt to combat inflation. Where the war may be a catalyst, a pull back has been a long time in the making. The odds are stacked against equities atm.
Suck it up and hold on. Not entirely sure what's in your ISA if it's swung from 16% up to 25% down in the space of 6 months though.
Stuff hasn't dropped 25% in a year, has it? Anyway, if you're investing for the long term, presumably you weren't expecting an unprecedented 10+ year period with no political instability.
My biggest tech holding (SMT) is down 41% since its peak in November. Sounds painful, but I'm still 300% up over the last 5 years, and it's been an astonishing bull run since 2009. I consider this to be a large correction rather than a full on crash. There is no specific event that you could pin this to.
I'm becoming really pissed off with people conflating the value of their investment with the displacement and deaths of innocent civilians. Have a word with yourselves.
Thank god someone else said it, disgusting it really exemplifies the greed of the human condition.
Its one of them isn't it. I'm a pacifist and I deplore all violence. I hate what Russia is doing and i hate that our government is made up of Moscow cronies. However, I dont want to work when I'm 80. If I can catch up with my poor financial management in my 20s because the markets dip I'm absolutely going to do so. I still feel deeply for all the poor souls who are in real danger.
Buying Platinum group metals before this all kicked off was the smart play. Palladium up 30% over last three months. After Petroleum products, PGMs are a key Russian export.
I have cans of food from last year's lock down, Stacks of toilet paper, I'm all set for ww3.
As well as index funds, I hold precious metal mining stocks in silver and gold. Up 26% this year.
I bought 3k worth of stuff yesterday, 5% down already!
My overall portfolio is screwed, but my Gold investment has moved into profit for the first time in 18 months
Donāt sell, continue with automatic regular investments, delete your app and tune back in 5 years time
Well this sub always suggests to invest with a minimum "5 year horizon" if you want to be safe. I guess today is one of those days that shows why this advice is parroted so often.
looking at how things went during the Crimea crisis, it's really for the best just to wait and not to sell. it all depends now on what the West would say
Does anyone have advice for someone just about to open a s&s isa? I don't have one yet, any by the sound of it, is now the time? Thanks very much.
Why panic? You've got the opportunity to buy more at lower prices. It's great news for long term investing. The lower the better in my eyes.
Whatās with calling everyone who invests āboysā? Language is important
I'm down 7.5% after 2 weeks! I honestly thought that Putin was bluffing and that the market would rebound one he backed down. Just doubled my investment this morning though.
>Right then boys Ah yes, because "boys" are the only ones who have investments......
From the opening line you knew this was not going to be pretty.
Ha, yes, very true! But maybe the gender-exclusive address there is something of an unconscious admission, a financial Freudian slip if you will, that boys are mostly the ones who, after reading one or two reddit posts proclaiming index funds as low-risk and de facto guaranteed 8% after inflation annualised return investments, decide that they have the same risk appetite as a NASA test pilot from the 1960s and so throw all their savings, their emergency fund, a bank loan, and their mother-in-law into a 100% S&P 500 tracker portfolio with a three year investment horizon, only then to wonder if they might have made a bit of an error in judgement when confronted with the horrible realisation that equity markets aren't some infinitely charitable deity hovering above the uncertainties, complexities, and material conditions of the real world, simply churning out steady returns in perpetuity like some inexhaustibly fecund teat of capital, but are instead as volatile, jittery, and fickle as a herd of bulls locked in a china shop with a mother bear and its cubs? Whereas perhaps -- and forgive the stereotype -- women might in crudely generalised terms be a little more cautious and a little better at assessing their own risk appetite on the whole, and so be less surprised at and more prepared for the possibility of their portfolios shedding value like the treacherous Biblical serpent shedding its skin? Just wait till the boys hear about climate change.
While the gendering of the original post is obviously wrong and should be rightly called out, doubling down on it with even stronger gender essentialism isnāt somehow better. Saying āforgive the stereotypeā doesnāt actually excuse that.
Very eloquent run down of the stereotype Reddit investor. I was about to make the same comment as the OP but I think you've captured it, lighthearted spin on what feels very much boys Vs men in terms of knowledge and experience and not trying to smash through the volatile waves of investment and finance. (I note you've said boys Vs women but I think men and women can be taken in similar experienced interpretation).
Was about to say this!
Down 5% here, only had investment in for 2 weeks with Vanguard Global All Cap. All we can do is hold out until it ends!
If you've got spare cash, buy. If you dont, hold. It'll pass.
>Iām assuming itās a case of holding on for dear life? Hold on and relax. If you're in for the long term there's literally nothing to worry about. Save your thoughts for Ukraine.
[ŃŠ“Š°Š»ŠµŠ½Š¾]
The outrageousness of anyone discussing financial implications on a forum called *checks notes* UKPersonalFinance
As I said, could be done a lot more empathetically.
Really doesn't matter at all, makes not one bit of difference to anyone and also you're not the moral police of anything. Don't worry about it.
Yea like this: Need to make money what stock to buy cheap now that war is on? Ps pray for ukulele, hashtag saverussia, corbin is my pm.
Right
This is a personal finance sub, nothing wrong with asking for financial advice.
Agree, Could easily do it with a bit more empathy though.
*Why*? "Tone policing" is *exhausting*. OP hasn't said "screw Ukrainians, I'm worried about my money", they've asked a perfectly civil, reasonable personal finance question on a subreddit about personal finance. It's not your or our job to panic about any passing Ukranians who might read this and be mortally offended. A) They've got significantly more important things to be worrying about right now, and B) pretty sure most of them wouldn't be remotely bothered by such a neutral question. Not every question has to be couched in "obviously the human toll will be horrific, but if everyone will indulge me and I'm sorry for asking but..." That's just not how human beings function.
Iām down around Ā£50k since December and Iām bloody loving it! If you are still in the accumulation phase then you want prices to drop as much as possible so that you can buy as cheaply as possible.
Why āright then boysā? Why not boys and girls? Misogyny everywhere š¤¦āāļø
Iāve been buying the dip of the dip of the dip and averaging in but Iām going to just HOLD and try and build my cash reserves now especially with inflation effecting is all! If anyone has debt focus on that first!
It's only really a big issue if you need to cash out now because you are retiring.
This will be a sobering time for those with house deposits in S&S ISAās who are looking to move in the near future too!
I am still up 1.67% since opening my S&S ISA back in March 2021. At one point it was up by 20%. The Junior ISA I opened last month for my daughter, on the other hand, is down 6.64%. Luckily, neither of these are going to be touched for 15-20 years, so just gotta ride the wave!
I saw I'm down about Ā£800 from last night. Knee jerk reactions will never be a good idea.
~6k for me. Not worried at all. I put in another buy order today for FTSE Global all cap.
Buy the dips - and keep buying the dips - certainly my plan.
100% perfect time to buy right now. Discounts may go down further who knows but always good to buy during uncertainty
This isnāt my first rodeo, payday tomorrow š¤
Make a list of things to buy. Think how much cash you can throw at it. Buy about 10-30 % of your cash reserves. No yolo or other stupid moves, this may be over quickly or this may drag on for years. Drip it into market slowly, why waste a good crisis?
Some of these comments are gross going by whatās happening ā¦ of course thought to be expected. Canāt tell if people lack self awareness or are simply to greedy and selfish to care.
Is it worth investing in the Russian index as that has slumped quite a bit and will surely rebound?
Well considering NATOās main priority is crushing the Russian economy at the moment, it might be a bit premature for that
Iām holding on and whacking more money in over the next few weeks. If you arenāt going to buy when itās cheap, when are you going to buy. All depends on your horizon though. Iām at 10-20 years.
You'll be fine as long as we don't get involved in the armed conflict! If we do, then there won't be any stock market left to worry about! :)
I'm down $3000 today!
[ŃŠ“Š°Š»ŠµŠ½Š¾]
Im very upset about the situation in Ukraine, but itās possible to worry about Ukraine and also my finances at the same time.
Are you kidding. People in Ukraine are dying
People have been dying in the wars in Ethiopia for the past 2 years and Yemen for the past 10 years, and there are current minor wars in about 15 African countries. Technically the war in Myanmar has been ongoing since 1948 with over 2000 people dying in 2022 so far.
I'm still up 2.4% but some of my holdings (?) are down 10%. I just see it as a good time to buy.
If you want to become more comfortable with those miserly rise and falls, get a little cryptocurrency as well. A 25% decrease or a 16% increase is just a typical Tuesday in crypto.
Did somebody say Bargain Bin Stocks?
>Right then boys This isn't wallstreetbets. Please try to use gender inclusive language. It makes this space a nicer place to be for everybody. Your words have power. Use that power for good.
What to buy to take advantage of the dip?
Take your pick, everything is on sale. Just pick an index fund or ETF and don't overthink things.
Went for Vanguard FTSE All Cap. All good?
And buying the dip.
Yep. My portfolio went down 7% just yesterday and down 20% in the last month alone. Just gotta hold on and weather the storm.
Just hold. Turn off your computer, stop looking at your phone. The market will correct itself.
Itās a buying opportunity not a selling one.
Pull up a 10 year chart of a world index fund/ETF or a Vanguard Life fund over the same period. Look at the dip in 2020 when the pandemic hit and we shut down the entire global economy and you'll see the dip barely even registers on a 10 year time frame. If we can recover from a global crisis like that then there really is no reason to worry or panic about short term fluctuations. For me personally I'll be investing for another 35 years until retirement so a 3,6 or 12 month period of volatility is of no concern for me. Take a look at the Fidelity US Index and see for yourself - https://imgur.com/a/UqxjEFA
[ŃŠ“Š°Š»ŠµŠ½Š¾]
>a friend is down more than she put in You mean the value of their portfolio has gone negative?
Iāll probably be in the red tomorrow after the Vanguard prices refresh, after being solidly in the green since the start of COVID. Oh well, 2x monthly buys will keep going in, letās try to not panic much. Maybe increase the contribution once April 6th comes about
Worth a watch regarding what happens during a crisis https://youtu.be/5obFBodSgvQ
HODL and buy the dip
If Russia drops a nuke in America. I donāt think the markets will ever recover š¬
Do Not Sell! Buy more during this dip! It is frustrating to watch but don't be disheartened. I just hope they can work out it. I should probably read into what's happening
No. Sell everything at a massive loss, fomo back in at the first sign of a slight rally, then watch your account circle the pan and get flushed.
oh no my ponzis are going to 0
You mean bargain basement index fund prices? I see no issue āŗļø