Stock market - how low will it go

[cojak]

I was going to top up my pension this weekend.

I might put that on hold...

[BR14]

I was going to top up my pension this weekend.

I might put that on hold...

it may be a good time to do just that, if it's in managed funds,and you've plenty of time before retiring.

[genius]

Can someone tell me the best UK platform to purchase shares? I haven't bought since 2008 and I've forgotten what site I used to use, plus there are probably better options now.

I'm a bit slow so I need a nice easy to use UI.

[AtW]

I use HLco.uk, so far happy - big enough firm to give confidence it won’t go bust suddenly...

[GhostofTarbera]

Out drinking tonight, mate has lost £85K this week from his pot and looking like he will hit £100K on Monday

These are with major provider !!!! And he is nearly ready to cash in!!

Cheltenham here I come if still on !!!






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[AtW]

Only lost money if sold, might take few years to recover to old valuations tho

[BrilloPad]

Out drinking tonight, mate has lost £85K this week from his pot and looking like he will hit £100K on Monday

These are with major provider !!!! And he is nearly ready to cash in!!

Cheltenham here I come if still on !!!






Sent from my iPhone using Contractor UK Forum

Did his pot start at £100k?

Its only pct losses that count. Anyone near retirement should be switching to bonds anyway....

[scooterscot]

The bond market might seems like an obvious choice but the dollar isn't doing that well either. You'd think US debt would be like a magnet at the minute. However the euro is pulling away from the dollar at this time..

Coronavirus scare highlights euro role in new ‘carry trade’

I'd increase my exposure to commodities before going into bonds, for the only reason being commodities are very undervalued.

[BrilloPad]

The bond market might seems like an obvious choice but the dollar isn't doing that well either. You'd think US debt would be like a magnet at the minute. However the euro is pulling away from the dollar at this time..

Coronavirus scare highlights euro role in new ‘carry trade’

I'd increase my exposure to commodities before going into bonds, for the only reason being commodities are very undervalued.

Not sure if that was in response to my post or not? But I was not talking about current market. Just in general. 5 years prior to retirement I will start switching.

[AtW]