r00lish67
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Post by r00lish67 on Jan 27, 2020 9:50:36 GMT
I'm pretty unperturbed by volatility, but wow - emerging markets today. Vanguard EM (VFEM) down 4.05% at the moment. That is a spicy meatball (in recent context anyway)
VWRL also down 2.05%. A few more days like this and I might actually be able to fill my share ISA!
edit: VFEM down 4.5% now, as of 10am.
edit2: VFEM down 4.8% now (11am).
edit3: VFEM down 5.08% (11:20am)
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Post by dan1 on Jan 27, 2020 10:59:51 GMT
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james100
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Post by james100 on Jan 27, 2020 11:07:28 GMT
I'm pretty unperturbed by volatility, but wow - emerging markets today. Vanguard EM (VFEM) down 4.05% at the moment. That is a spicy meatball (in recent context anyway) VWRL also down 2.05%. A few more days like this and I might actually be able to fill my share ISA! edit: VFEM down 4.5% now, as of 10am. Cheers, I guess. This article may be of interest seekingalpha.com/article/4318861-wuhan-coronavirus-outbreak-how-affects-stock-markets-and-crude-oil . Whilst not generally prone to panic, I was working in China and became ill with symptoms resembling SARS whilst the government were attempting to cover that one up. Not too optimistic about their approach to containment and transparency I must admit. We'll see. Edit: brief interview on bloomberg www.bloomberg.com/quote/SHCOMP:IND worth watching
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zlb
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Stocks
Mar 4, 2020 12:36:36 GMT
Post by zlb on Mar 4, 2020 12:36:36 GMT
Whenever I have had a bond investment during the 25 years since retiring I have found the average return to be poor and with current continuing low interest rates I believe this will continue or get worse.
Other than P2P where the funds came from unspent income, all my investments are in equities, mainly ETFs and Investment trusts and at 81 years old I am not planning to change this now. This has given a good increase in income over the years and I don't worry about market fluctuations. If we should find ourselves with a Corbyn government I will try to align my final exit with a market crash to save my children from the massive inheritance grab which will probably occur, hopefully this will not be anytime soon.
I confess in reality, I don't have any other bond investments either. I have 50% equities, 20% BTL, 20% cash, 10% P2P, with a view to expanding equities and decreasing cash if the market ever comes down again. (happy to take a shoeing from @wallstreet (or anyone) if required on this, as I seem to always struggle with whether I really should hold bonds at present or not) Are you still looking at glidepath? Vg are sticking with the convention. www.vanguardinvestor.co.uk/investing-explained/what-are-target-retirement-fundsDo people take out two SIPPs just to have a chance of an uber safe one, and something that might have to be left for some time? I quite like
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r00lish67
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Stocks
Mar 4, 2020 12:58:26 GMT
Post by r00lish67 on Mar 4, 2020 12:58:26 GMT
I confess in reality, I don't have any other bond investments either. I have 50% equities, 20% BTL, 20% cash, 10% P2P, with a view to expanding equities and decreasing cash if the market ever comes down again. (happy to take a shoeing from @wallstreet (or anyone) if required on this, as I seem to always struggle with whether I really should hold bonds at present or not) Are you still looking at glidepath? Vg are sticking with the convention. www.vanguardinvestor.co.uk/investing-explained/what-are-target-retirement-fundsDo people take out two SIPPs just to have a chance of an uber safe one, and something that might have to be left for some time? I quite like Though I see the logic of a rising glidepath leading to an extremely high equity position, I personally will probably not stray radically higher than where I am now. Perhaps to 60% or so. The recent volatility has been quite confirmatory, as I have felt reasonably content watching great scads of wealth disappearing whilst knowing that I'm only partially exposed and that time (I hope) is on my side. If I had a lovely DB pension or even the State pension on the horizon to fall back on, my answer might be quite different though.
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zlb
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Stocks
Mar 5, 2020 10:36:28 GMT
Post by zlb on Mar 5, 2020 10:36:28 GMT
Though I see the logic of a rising glidepath leading to an extremely high equity position, I personally will probably not stray radically higher than where I am now. Perhaps to 60% or so. The recent volatility has been quite confirmatory, as I have felt reasonably content watching great scads of wealth disappearing whilst knowing that I'm only partially exposed and that time (I hope) is on my side. If I had a lovely DB pension or even the State pension on the horizon to fall back on, my answer might be quite different though. Yes a fat DB pension like an elderly person in my family has, from an entirely ordinary salary and no austerity measures, and incredible slack in the system from what I hear, would be very nice. A friend of mine who was looking into this said that there is new legislation due on pensions management to ensure that there is a glidepath. Anyone heard of that, and what it might entail? EDIT: answer to my own question www.fca.org.uk/news/press-releases/fca-proposes-rules-investment-pathways-and-other-measures-improve-retirement-outcomes-consumers
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Stocks
Mar 5, 2020 22:54:40 GMT
via mobile
Post by Deleted on Mar 5, 2020 22:54:40 GMT
For those who were reading this in 2019 Fanuc has just drifted down into $16 territory.
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Stocks
May 3, 2020 20:19:39 GMT
Post by dan1 on May 3, 2020 20:19:39 GMT
A quick skim of recent posts and I see no discussion on Warren Buffett's virtual get together in Omaha (perhaps our government should have listened to this sage.... ho ho ho ). I understand that I risk another passive vs active tit for tat but hey ho (not that I don't love them myself), here goes. I've only seen headlines but it would appear that Berkshire Hathaway is sat on a huge $137 billion stockpile of cash. That's going to take quite some time to stuff away in regular savers . I digress (again) but it brings to mind why? Surely, he's of the "be greedy when others are fearful" mindset so what gives.... - is his assessment that risks are too great given the uncertainty ahead? and would imply... - stocks are not necessarily under valued at present? or... - can he not determine the risk given what's going on? or perhaps.... - him and Charlie Munger (wow, just looked him up and he's 96!) are simply slowing down and changing perspective.
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Stocks
May 10, 2020 18:13:15 GMT
Post by arbi on May 10, 2020 18:13:15 GMT
You can always use Warren Buffett as an indicator to understand what the big capital is doing. For example, in the Great Financial Crisis of 2008-09, Buffett wrote an article in WSJ informing that he bought a lot of shares and he was expecting markets to return to normality and profits. Of course the market had another leg down, but Buffett's article was considered as a signal of a positive story.
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hazellend
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Post by hazellend on May 10, 2020 19:30:23 GMT
You can always use Warren Buffett as an indicator to understand what the big capital is doing. No. You can't. As I said before, Warren Buffet has a very different investing style. Only lemmings hang off his every word, the rest of us don't listen to him at all. You most certainly cannot expect Buffet to tell you when to invest and when not to. If you are at all serious about investing, then frankly the best thing you can do is learn to think for yourself. Don't rely on the views and options of others. More often than not they will either be completely wrong, totally unsuitable for your circumstances or only telling you half the story. Thinking you can be clever and cheat by listening to Buffet or watching directors dealings or watching funds quarterly reports .... it ... doesn't ... work. You need to figure out on your own what works best for you, your appetite for risk and your financial circumstances. It’s really easy to figure out. No need for a financial advisor or active manager taking high fees just to underperform their index. Global equities:global bonds. Somewhere between 100:0 and 40:60 ratio depending on your need, willingness and ability to take risk. Then buy and hold, and keep buying whenever you have money. Wait a few decades then retire, buy yourself a Porsche rather than your financial advisor at that point if you wish
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foolsgold
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Stocks
May 10, 2020 19:34:31 GMT
Post by foolsgold on May 10, 2020 19:34:31 GMT
Have a look at Investment trusts along with UTs...many investment trust managers manage UTs as well but ITs tent to outperform better although can be more volatile
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Post by Deleted on May 10, 2020 22:27:56 GMT
I'm trying to think of some good words.
Best I could do:-
Buffet is good and his words of wisdom are worthwhile but you don't have his capital, level of research, depth of knowledge or experience to emulate him. His announcements are always after the event. So I'd not use him as a shield.
Trusts; trusts are lovely or dreadful but in themselves no better or worse than other groups of things to invest in. What's about PIBS for example, we never talk about these in this.
Rather than these random ideas, it is probably better to build a process that makes you money. Even the selection of Vanguard product requires a process.
But just a term like Funds means nothing.
Get some books, do some reading and carry out fake cashless trades to prove your theories. Once proven, put up the money.
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macq
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Post by macq on May 11, 2020 10:02:05 GMT
Every day for years the MSE forum has had arguments over passive v active and across hundreds of threads which VLS v another multi index product is better or growth v income etc and now it's happening here (and yes i'v put my tuppence in before ) But maybe its because how things are at the moment in the world making me think - but should we not look at it as does it really matter as long as your lucky enough to be able to invest then there is no such thing as right just different shades of the same With hindsight you may wish you had done 10 years with SMT or Fundsmith rather then a tracker but then there are people who wish they could have invested to get the say 8% annualised in the tracker but don't have the money in the first place.Or you've gone passive and beaten a global dog fund by a couple of % and paid a lower fee but does it really matter you've both probably made money.Or in this drop maybe you paid CGT 1% to drop 3% over the last 3 months instead of VWRL 0.2% to drop 12% who's right? For every fund manager daring to charge a fee there is a Tim Hale or Lars Kroijer plus dozens more selling a book or web service telling you how to invest (usually its buy a global index & mix with a bond fund and re-balance but take 300 pages and £10 to tell you!) The trouble is we are governed by hindsight and fear of missing out so we start out with wanting to make x% every year or panic if fund B we looked at before picking fund A is doing better after a month and change back.So make your choice and don't worry what the others are doing as you both will be right at different times just be glad your investing and hopefully making a profit and best of all in good health
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r00lish67
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Post by r00lish67 on May 13, 2020 14:03:14 GMT
How I'm feeling right now about my prospects in continuing to hold all of my global equities for the long term.
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Stocks
May 13, 2020 15:46:05 GMT
Post by Deleted on May 13, 2020 15:46:05 GMT
it does depend on your definition of the word "long", I'm aiming for 5 years.
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