Did the market decline of 5% last week, make you worry?
Did the market decline of 5% last week, make you worry?
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Jon39

Original Poster:

14,929 posts

173 months

Saturday 7th March
quotequote all

The sudden market fall last week, was probably the most significant that we have experienced for some time.


Crumpet

5,412 posts

210 months

Saturday 7th March
quotequote all
Not at all - it’s not even down below where it was at the start of the year!

outnumbered

4,877 posts

264 months

Saturday 7th March
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Jon39 said:

The sudden market fall last week, was probably the most significant that we have experienced for some time.
No. I don't look at my pension investment from one year to the next.

If it's 10% down when I look next, so what ? My financial plan allows for a lot of variability over time.

Tighnamara

2,846 posts

183 months

Saturday 7th March
quotequote all
Jon39 said:

The sudden market fall last week, was probably the most significant that we have experienced for some time.
11 months ago

https://www.bbc.co.uk/news/articles/cx26v8x24w1o


Kwackersaki

1,755 posts

258 months

Saturday 7th March
quotequote all
Tighnamara said:
Jon39 said:

The sudden market fall last week, was probably the most significant that we have experienced for some time.
11 months ago

https://www.bbc.co.uk/news/articles/cx26v8x24w1o
That was when I piled more into my Sipp. I might do the same again next week along with my Vanguard fund.

anonymous-user

84 months

Sunday 8th March
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What a bizarre thread. Just a tee up to show some more of your graphs I expect, jon.

butchstewie

67,793 posts

240 months

Sunday 8th March
quotequote all
Badda said:
What a bizarre thread. Just a tee up to show some more of your graphs I expect, jon.
Harsh hehe

That said I do think the odd pull-back is useful to make people think twice if they're really comfortable with the level of risk they've exposed themselves to.

Very easy to be gung-ho when everything is going up.

Phooey

13,843 posts

199 months

Sunday 8th March
quotequote all
Worried lol. A global index like VWRP is only down -3% from last week. If you're worried about minor blips like this you hold too much equity for your personal comfort zone, Jon.

The only thing I will add though is bonds (specifically UK gilts) getting smacked as their number one enemy - inflation coming back to haunt the UK with it's dependancy on energy/oil imports. I think the bond market is the one to watch..

steveo3002

11,211 posts

204 months

Sunday 8th March
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5% discount to buy more

Simpo Two

92,851 posts

295 months

Sunday 8th March
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If a 5% fall worries you, stick to Cash ISAs or fruit-based accounts.

Josemartinez

869 posts

20 months

Sunday 8th March
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steveo3002 said:
5% discount to buy more
I thought that as soon as I saw the title. I think I saw Dave Ramsey say the same.

Investing for most people is all about the long term so has plenty of time to come back.

ETA just checked SIPP and still up 17% in the last 12 months so that's alright.

Edited by Josemartinez on Sunday 8th March 10:26

DT1975

1,497 posts

58 months

Sunday 8th March
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I think my Vanguard fund values have dropped back to what they were just over a month ago, I expected far worse. I know there's still time for things to plummet but an all out attack on Iran by the US, the Straits of Hormuz blocked, numerous massive world airport hubs at a standstill I expected far worse. I'm not worried as have the back up of DB pensions but I know people will start going wibble if things fall further.

alscar

9,927 posts

243 months

Sunday 8th March
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To answer the question , no.
I only look at the bigger pots ( all in Funds ) every 3 months.
December was all time high pretty much in any case.

ChrisH72

3,109 posts

82 months

Sunday 8th March
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I find it quite an eye opener having opened my first S&S ISA in February. Started it with 5k in Vanguard Global LS80 which went up around 5% for the first 3 weeks then back to where it started now. I also put 5k in the standard LS80 last week which is down 4%.

Obviously not life changing money so no worries really. But it makes me wonder when the right time is to add more to it. I've taken advice on another thread to drip feed it for the moment so that's the plan.

craig1912

4,655 posts

142 months

Sunday 8th March
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No. I only look at my funds once every six months when meeting with my IFA. My income over the next six years is pretty secure from market movements.

alscar

9,927 posts

243 months

Sunday 8th March
quotequote all
Nothing wrong with a constant drip feed in except don’t just look at in isolation.
I did a CETV of my DB pension back in March 2020 and put 50% in to Funds immediately and then used drip feed in money market over next 18 months or so for the balance.
Obviously in hindsight should have done this quicker but rather strange times then.
Much larger sums involved too.

marine boy

1,230 posts

208 months

Sunday 8th March
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steveo3002 said:
5% discount to buy more
My thoughts exactly, hoping for more of the same this week, I'm poised and ready to deposit a large lump sum into my pension and start an ISA for each of us

eyebeebe

3,851 posts

263 months

Sunday 8th March
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butchstewie said:
Harsh hehe
But fair

Panamax

9,800 posts

64 months

Sunday 8th March
quotequote all
No, although I fear there may be more to come. The news this weekend doesn't feel any better than it was last weekend.

If you've got an overall strategy then small market setbacks are just noise.

98elise

32,658 posts

191 months

Sunday 8th March
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No. The markets will react whenever Trump does something stupid, then they will recover.