Originally posted by GhostofTarbera
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stock market crash
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"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain -
Originally posted by jamesbrown View PostShut it, you vigorous pigeon. Back to your stoolcoins."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by NotAllThere View PostZero sum game. Which the stock market, over longer terms, isn't.
It's pound cost averaging. I buy shares every couple of months. I'll keep doing so. You can't time the market.
Any company that's likely to survive the storm. Pornhub should be good - all those people stuck at home!Comment
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Originally posted by Whorty View PostWife and I are throwing £20k each into a S&S ISA tomorrow, so be nice if the FTSE dropped a bit more in the morningIf market still low in a few weeks, we'll be adding another £20k each then too for the new ISA year.
So long as you can play the long game, it's a buyers market
5 minutes until the slaughter begins. Go'an fill yer boots. I dare you."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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And we're, flying down -1% no wait -2%..... no minutes in.. no wait -3% now"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by scooterscot View PostI'd hold the cash for another month at least. Don't try and time it, look for consolidation. Consider this, how far away is the market from 2008 lows? I think that's where we're heading, which is still -40% away.
But if you've got years to spare - then ignore the above!I am what I drink, and I'm a bitter manComment
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If business taper relief was in place it would have encouraged avoidance of rush selling, CGT on short term sgare dealing ought to be 110%Comment
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Originally posted by NotAllThere View PostIt's pound cost averaging. I buy shares every couple of months. I'll keep doing so. You can't time the market.
Alternatively, just set up a standing order for X quid per month and forget about it.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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Originally posted by GigiBronz View PostNo offence but anyone buying at this point is delusional. The only direction the market is taking is downwards. Way down. I do hope that I am wrong but all signs are there. Brace for the tulipstorm.
I'm maxing out this years ISA as this is most tax efficient. I'm in for the long haul as this is spare cash so I won't need to cash in until I'm back in the black. I don't care if the market drops in the short term; I'm a long term investor.
I'll invest next year's ISA cash when I feel it's right - may be in a few weeks, may hang on a bit if the market is still dropping. We both have other ISAs from prior years that are due to mature through 2020 so we may be dropping in another 6 figures each at some stage if we feel comfortable with this - not sure yet.
Not buying individual shares, will be buying specific funds - let others more knowledgeable than me work the market.
If you're worried about losing the capital, or the possible tulipstorm, then you probably shouldn't be investing in assets that can go up or downI am what I drink, and I'm a bitter manComment
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