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If I were cash rich I'd probably just buy a broad cross-section which is what I do anyway. But I'm not so sadly I can't ameliorate my losses by buying more right now
This time next year the UK will be more communist that mother Russia as the treasury is forced to buy up half of the indebted UK Plc - with your money.
Just imagine if you voted in Corbyn
"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain
I'm pretty clueless about this stuff. Bores me to death. I might take advice from likes of Hargreaves Lansdowne but they're the ones who sold me the benefits of that Woodford thing that lost me about £4k. Maybe best to get into drug dealing or summit.
I've lost around the same. But actually if we don't have to sell now, it is an opportunity to make back more than we "lost", because we'll be able to switch our investments into shares that have gone down even more.
Crisis = Opportunity.
Surely the opportunity was to sell up, get all in cash, and then rebuy at bargain basement prices in however many months time?
No harm in buying a few solid companies like Verizon or AT&T but generally a bit early to wade in. This could be over by the end of April or it could go on for months. If it's over by the end of April, now's the time to get in, if not could get worse.
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