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Buy the dip.

Discussion in 'Randomination' started by Danishfurniturelover, 28 Feb 2020.

  1. P.D.

    P.D. Vedran Corluka

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    Wow US stocks are getting rinsed, my ISA was in a US fund and a mate said make sure you get out before Christmas. He wasn't wrong.
     
    Danishfurniturelover likes this.
  2. Danishfurniturelover

    Danishfurniturelover the prettiest spice girl

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    Oil is doing well.

    Going to sit on the sidelines for a bit then maybe early summer go into Scottish Mortgage Trust. I like the fact they invest in companies I can't access.
     
  3. P.D.

    P.D. Vedran Corluka

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    I still don't think I've found anything better than the Vanguard life strategy funds, just put money into the 80% or 100% every month and forget about it.
     
  4. markysimmo

    markysimmo Johnny nice-tits

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    I've heard about that
    Could you send me a referral link please
     
  5. P.D.

    P.D. Vedran Corluka

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    I don't think they do referrals but here's the funds - https://www.vanguardinvestor.co.uk/what-we-offer/life-strategy-products

    I mostly use the 100% equities one, they allocate a portion of your money to all their other funds so it's pretty diversified. I've got quite a bit of my pension in it and my ISA and my kids ISA as well. They do target retirement ones based on your age too if you have a pension which I use (https://www.vanguardinvestor.co.uk/what-we-offer/target-retirement-products). They also have FTSE and US Market trackers as well that I use, fees are super low.

    You can get their funds on Hargreaves Lansdown and places like that but I just signed up on their website and set up some direct debits.
     
  6. SpurMeUp

    SpurMeUp Andy Thompson

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    @Diamond Lights which grain stocks should we be investing in? Presumably ones that don’t have exposure to the Russian and Ukrainian bread basket region.
     
  7. Diamond Lights

    Diamond Lights Steve Hodge

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    funds would make more sense there's one or two already smashing up since end of last week.
     
  8. SpurMeUp

    SpurMeUp Andy Thompson

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    I flippantly put 10k behind two US firms that are involved in grain. Godness know whether it will check out. Will find out in due course :)

    Indian wheat is a good commodity to buy. But I don't think there is a simple way to do it. India has an excess of wheat with low prices so quite likely they will take up some of the slack.

    I have to invest in the pension for tax reasons so any other tips @Danishfurniturelover or anyone else?
     
  9. Danishfurniturelover

    Danishfurniturelover the prettiest spice girl

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    I cashed out a few in December but should have done more with hindsight.

    @markysimmo tip of Anglo-American is doing well as is Lockheed Martin and Fuel cell. But everything else down and overall value of my portfolio is down.

    If anything if you have cash now is the time to go back in, in a big way. UK is undervalued anyway and Biffa and Greg's have both been fantastic performer's for me so will go back in and add more to my holdings in them.

    If they don't come back it is because Putin has attacked us which means frankly we will all have bigger things to worry about.
     
  10. Danishfurniturelover

    Danishfurniturelover the prettiest spice girl

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    GREGGS For fcuks sake not Greg's
     
  11. Hashegotthesackyet?

    Hashegotthesackyet? Jose Dominguez

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    with Vanguard, do you know if it’s possible to re-balance the funds, eg say you are expecting the market to dump in the near future , go 80% Bonds 20% equities, then once market had dropped further, switch to aggressive 80% equities/ 20% Bonds?
     
  12. P.D.

    P.D. Vedran Corluka

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    Yeah they have a switch function, you can move a fixed amount or percentage to a different fund anytime.
     
    Hashegotthesackyet? likes this.
  13. Hashegotthesackyet?

    Hashegotthesackyet? Jose Dominguez

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    will take a look, cheers
     
    P.D. likes this.
  14. johnola

    johnola Teemu Tainio

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    Our markets pretty fudged up.

    just had a bit of a review. FTSE and wider U.K. market down 6% over five years in nominal terms. Not sure what that is in real terms down 30% maybe?

    So then had a look at some of my pension funds and in things like European equities and U.K. smaller companies we are down 30% in six months.

    I have been saving into my money purchase scheme for 30 years, have ten to go and the outlook for my standard of living is as sketchy now as it was on day one.
     
  15. P.D.

    P.D. Vedran Corluka

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    There's this forecaster guy I follow on twitter (https://twitter.com/DaveHcontrarian?s=20&t=NX4jkhxGO258t-9hBiyW2w) who is predicting an insane melt up in stocks within the next few months (Nasdaq to 20K, S&P to 6k etc) followed by a recession and he claims that those stock market highs might not be beaten after for potentially decades. There's some interviews on his feeds, I agree with the recession part but not sure about the melt up. Either way it's good to listen to a range of opinions.

    If it does happen I'll probably sell part of my pension into cash and rebuy lower.
     
  16. SpurMeUp

    SpurMeUp Andy Thompson

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    These areas will start to bounce back once the market understands the impact of Russia and Ukraine. In the meantime can we identify some areas to invest into? Asia maybe, it should stay out of the way of the conflict. I am personally not going to invest in defense stocks, but not a bad place to put your money if it doesn't bother you. I invested in Nutrien Ltd and Archer-Daniels-Midland Co - both US grain-production-related stocks. Up around 5% today. I couldn't see an easy way to invest in Indian grain production, but if anyone does find a means, I think it could see quick double-digit returns. They have excess wheat and there will be global demand with Ukraine and Russia not supplying to the EU etc for at least a year you'd think.
     
  17. johnola

    johnola Teemu Tainio

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    Haha. I don’t know much about Indian wheat production, at all. But it did make me think of the Wurzels.

    “I’ve got a Hindu combine harvester and I’ll give you the ghee”.
     
    NickTB, Bullet, glasgowspur and 2 others like this.
  18. Hashegotthesackyet?

    Hashegotthesackyet? Jose Dominguez

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    No magic crystal ball here but I think SPX, NSFQ and main indices DAX etc, tops are in already.
    Lower highs since Yearly open, DXY rising, VIX trending up, decelerating inflation * prior to surge in commodities due to Russia situation *and GDP. Think Q2 will be hit harder when rate hikes come in.

    No idea if it’s a long term bear market .. hopefully not and a quick reset. Time will tell and I may be completely wrong.

    I’m shorting SPX, Tech stocks, and Some cryptos, on every counter trend bounce. Good luck all.
     
    Last edited: 8 Mar 2022
  19. johnola

    johnola Teemu Tainio

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    Yea good luck indeed.

    Even if we do navigate through Sunak will be waiting with his Wealth Tax malarkey which is building a new head of steam.

    “What crypto-assets?”
     
  20. awesome dawson

    awesome dawson Mitchell Thomas

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    In late March 2020 when all stocks etc were smashed by Covid, I bought into an Oil ETF which dropped from $15 to $3 in less than two weeks. I've held it for a couple of years and in recent weeks alone, it's jumped 20% (currently back at around $10).
     
    Danishfurniturelover likes this.

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