My shares are down 30% - what should I do?
- Thread starter Ryan
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Ok my two cents.. just leave it and keep adding to your portfolio. I’ve tried and failed miserably in the past to get the timing right. I added for ages then cashed out recently. Now I’m adding again and I’m just gonna keep adding and I don’t care what’s going on. Think of this time as a good opp to dollar cost average at a lower market point.
galway_blow_in
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Do you need the money?
Depends whats in it, & what your objectives are. The general advice is that a 'fund' should be a long term investment which rides out the peaks & troughs but generally moves upwards. Look at the S&P chart for the last 20 years.
As an aside, if you've only lost 10% in the last week, you're doing quite well.
As an aside, if you've only lost 10% in the last week, you're doing quite well.
Gordon Gekko
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What’s your time-horizon? Do you need the money? What does your asset and debt profile look like? What’s your income? How much is in the fund? How is it invested?
Cash now cos in a week or two it be down 20% or more. This is just the beginning.
Gordon Gekko
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Terrible advice. Assuming that you’re diversified, you turn a temporary loss into a permanent one.
Warren Buffett’s advice on how to handle a 50% drop in the markets
If you follow Warren Buffett’s advice in these weaker markets, you could do well with shares. Here’s how.
www.fool.co.uk
Brendan Burgess
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"My shares have fallen 30% what should I do?" "Is this a good time to invest in the stock market?"
To save people reading through lots of posts in different threads, I am going to summarise my views and the contrary view in this thread. There are two camps Camp 1 believes that you cannot time the market. In other words, it's not possible to identify whether the market is overvalued or...
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