Anyone here buy shares?

[Bunk]

Possibly, possibly not. If you're in it for the long-term, any time is a good time to buy, and it's only a question of degree. If your timeframe is a couple of months, who knows, the markets could go much lower, because they are controlled by sentiment on short timescales, not fundamentals.

Hey, I didn't say I was going to buy

Catching a falling knife etc.

[SimonMac]

As a long term thinking (22 years before I need to cash in my SIPP) I am not really that worried, will use the depression as a top up of existing holdings and hope that its just a cycle, which it will be, still getting a good return on dividend and as I count the yield on purchase price the value now means little to me.

Although its depressing when you get several days of four figure losses in a row

[jamesbrown]

Although its depressing when you get several days of four figure losses in a row

Or, to add a positive spin, if you don't panic, you know you're cut out for it (i.e. having an appropriate fraction in shares), because days of four-figure gains are quite nice too

[eek]

If you are investing long term don't look at it daily. On the other hand a daily loss of x probably doesn't feel as bad as suddenly seeing a loss of z

[jamesbrown]

If you are investing long term don't look at it daily. On the other hand a daily loss of x probably doesn't feel as bad as suddenly seeing a loss of z

I get the sense that a lot of people are basically invested for the long-term, but then tend to check on their losses during headline events and start to panic, questioning whether their allocations are sensible etc. And perhaps they aren't, but you don't really want to change them when everyone else is panicking. As you suggest, you need to ignore the headlines as best you can, and perhaps then re-visit allocations when things have calmed down (if it isn't something you've done for a while, because allocations have a life of their own over longer periods).

[SimonMac]

If you are investing long term don't look at it daily. On the other hand a daily loss of x probably doesn't feel as bad as suddenly seeing a loss of z

If I knew how to stop looking I would

[RSoles]

The thing to watch out for is that a sure sign of a market crash is somebody coming asking
' Anyone here buy shares?'

Well hush ma mouth............

Sadly not deep enough yet.
'October is the time when bad things happen to the stock market.'
'1929'.
'Boo'.
Oh, I forgot , the market's closed..........

[Zero Liability]

A decent little piece from MoneyWeek.

[RSoles]

Decent piece,
I particularly liked:-

You’ll notice that all of these actions hinge on one thing – having a plan in place. And if you don’t already have a plan, don’t pile in (or out) on a whim. Take some time to consider your ideal asset allocation and to set up a list of assets you want to buy. Now is as good a time as any to do it.

My bolding....

[mudskipper]

My vodafone shares are finally back up to what I paid for them...