stock market crash

[ChimpMaster]

Stockmarket has gone seriously loopy. Should I now sell the lot

Even Centrica is doing well.

Markets can only ever go up. The bull is dead.

Long live the bull.

[Andy2]

Stockmarket has gone seriously loopy. Should I now sell the lot

Even Centrica is doing well.

depends if its a V shape recovery or W shaped or any other alphabet

[LondonManc]

Hong Kong dollar... give it another year before it is gone forever.

Why, have you just invested in it?

[jamesbrown]

Made a tidy profit in recent weeks.

The connection between the markets and the real economy has been FUBARed for some time. Looks like that hasn't changed and may even double down. It's stupid, but explicable. Sometimes you just need to swallow your pride and accept the inevitable, even if you didn't get in at the bottom.

I feel bad for scootie though*.






















*sorry, not sorry

[TheGreenBastard]

We're not far off from being able to say, categorically, that the Nasdaq and S&P 500 have made a V shaped recovery.

NYSE and FTSE not quite there, but looking very V-ey, it's not looking good for the perma-bears.

[DimPrawn]

Stockmarket has gone seriously loopy. Should I now sell the lot

Even Centrica is doing well.

[caffeine man]

stock market crash

Stockmarket has gone seriously loopy. Should I now sell the lot [emoji782]

Even Centrica is doing well.

Yeah. Once places start opening on 15/6, and government furlough pay starts going down, I think reality will come back to the market. The government paying people’s wages is inflating stocks. For me, 15/6 is my sell point for companies hit directly by Covid.


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[Whorty]

Made a tidy profit in recent weeks.

The connection between the markets and the real economy has been FUBARed for some time. Looks like that hasn't changed and may even double down. It's stupid, but explicable. Sometimes you just need to swallow your pride and accept the inevitable, even if you didn't get in at the bottom.

I feel bad for scootie though*.

*sorry, not sorry

I sold up my shares ISA and converted to cash a few years ago as thought the market was peeking - my ISAs have been in cash for the past few years earning not much. Due to the virus I switched all my cash ISAs (and threw in £20k at end of March, and another £20k early April) in Shares ISA and currently up 22% since then. If I cashed all this in now, and sat on it for 10 years, I'd be better off than had i left it all in cash ISA.

And the market, in the long term, still has more to go. Was 5400 the bottom? Probably. Are we at the top now? Probably not. Will the markets continue to see-saw over the next few years? Almost certainly. But, long term, stocks and shares will go up.

If you have the patience to sit in, then risk is much lower. If you're looking to retire (or need the cash) within a couple of years then stocks and shares may be too volatile currently.

But ... 22% in 2 months Tax free

[LondonManc]

Made a tidy profit in recent weeks.

The connection between the markets and the real economy has been FUBARed for some time. Looks like that hasn't changed and may even double down. It's stupid, but explicable. Sometimes you just need to swallow your pride and accept the inevitable, even if you didn't get in at the bottom.

As long as you make investments with the knowledge that the US will do whatever it takes to keep the USD as the FIAT currency of choice for the world, it's not too difficult to make decisions.

[rootsnall]

And the market, in the long term, still has more to go. Was 5400 the bottom? Probably. Are we at the top now? Probably not. Will the markets continue to see-saw over the next few years? Almost certainly. But, long term, stocks and shares will go up.

The risk is that 'the market' and the economy has been rescued by the central banks a number of times by increasingly bending the rules and it's priced now in the belief that they can keep pulling it off. But at some stage that belief might break and we'll all be saying why didn't we see that coming. A few perma bear experts will emerge when their prediction finally comes true. It's a game of chicken.