Originally posted by GhostofTarbera
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Coronavirus - Shares/Pension/SIPPs etc
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Until Pooper pops up with something or other and then it will be soundly beaten for the title.'CUK forum personality of 2011 - Winner - Yes really!!!!
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I cashed out about half of my SIPP the end of January when we had the preliminary drop, I thought this is going to go farther. Could have held on a couple days and done better.
I bought back in this morning. I have no idea where it's going in the next 6-12 months but I expect it will be quite a bit higher than it is now in 2-3 years. There may be better buying opportunities in the days ahead, but I think this is a good one.
I'm in investment trusts rather than funds so I can move quickly if I think I need to, funds can take several hours to trade.
My view can be as wrong as anyone else's. I was lucky to get out when I did. The stuff I held got hammered.
Most of my ISAs are in cash and will stay that way in this market.Comment
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I hope it includes a graph!Originally posted by northernladuk View PostUntil Pooper pops up with something or other and then it will be soundly beaten for the title.Comment
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Market timing
Why Market Timing Is Still A Bad Idea
Why Timing the Market is a Bad Idea ?
Market Timing Fails As A Money Maker
Why Timing the Market is a Bad Idea - Rich on Money
Why Timing the Market Is a Bad Idea
https://heritageinvestor.com/why-tim...terrible-idea/
https://blogs.wsj.com/experts/2014/1...is-a-bad-idea/
https://www.cbsnews.com/news/the-sma...market-timing/Comment
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Comment
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Maybe so but when bad news comes out and it's obviously going to blow the thing to bits within a month or two at most, but the market is ignoring it, timing the market to get out before the lemmings wake up is a pretty good idea.Originally posted by lukemg View PostWhy Market Timing Is Still A Bad Idea
Why Timing the Market is a Bad Idea ?
Market Timing Fails As A Money Maker
Why Timing the Market is a Bad Idea - Rich on Money
Why Timing the Market Is a Bad Idea
https://heritageinvestor.com/why-tim...terrible-idea/
https://blogs.wsj.com/experts/2014/1...is-a-bad-idea/
https://www.cbsnews.com/news/the-sma...market-timing/
And buying the same assets when they are now clearly underpriced on fundamentals also often makes a lot of sense.Comment
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