The Great Permacrises

Yes you may :smiley:

(Only to the games! I didn’t realise this was paywalled, it loaded with no issue for me)

I’m not sure it is paywalled. I can see it all, after dismissing option to subscribe, and I do not subscribe. I do the Wordle and Mini crossword. R-

That’s the thing - there is no way to dismiss the option to subscribe for me :frowning:

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Not sure where this best sits but what are people doing with their investments with all the fun and games of recent events?

I know they go up and down and it’s a long term game, but my Lloyds investments have dropped nearly £500 in the last week.

That’s nearly two months contributions wiped out :upside_down_face:.

Looking at others it appears HSBC GIC would’ve have a similar outcome and presumably Monzo.

My pension fund is down 8% on January but still up 8% overall in the last year, so no real problem there. That’s a Scottish Widows fund.

I wouldn’t go moving funds around because of a small market dip. Remember folks, the best time to buy shares is when they are cheap :smile:

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That’s the wrong way to look at it. Look at it as though this month’s contributions are at a discount!

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I’m ignoring it and keeping going. I haven’t lost any real money yet, only my gains, although I’m not far off!

It’s a long term play so I won’t be moving it.

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Thanks for the replies. Yeah, this is also what I’ll be doing, riding it out. But I respect anyone who isn’t doing this.

Yeah I do get this, sort of. While this is clearly a wider picture, different firms can have different results depending on the product, style. Of course, when it’s global, that doesn’t come into play.

Huh? I get that in terms of buying stocks, but with managed funds is that still right?

Investing in managed funds is also buying stocks? Just a bit more indirectly.

On the plus side, if you’re investing outside your SIPP/ISA, selling at a loss will offset any gains you made for tax purposes i.e. it’ll potentially save you some capital gains tax.

Of course - you get more units for your cash.

This :index_pointing_up:

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I’m at a loss, but investing is a long term game. A blip like this whether it lasts a month or a year or 2, shouldn’t really matter. If it did, probably should’ve kept that money in easy access savings accounts.

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To lighten the mood:

https://x.com/CalltoActivism/status/1900182661655622070

Yes, that’d be true if I was investing now. What I mean is I bought in at price x, they are worth, currently, price y which is lower.

Like I say I am also planning to ride the storm.

I think everyone understands that bit :laughing:

Someone was just encouraging you to see the positives - that this month you’ll get more shares for your £250 contribution than you would have done a month ago.

If you aren’t selling (which you shouldn’t) then it’s all a mind game really.

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I don’t know if they do, or I’ve made the point poorly

If I invested higher then what they are worth, and if I had to sell them now (which clearly I wouldn’t) I’ve lost money as the volume of shares for my contribution is lower.

I know this is a moot point considering of course it’s an academic one. I don’t see it as a negative by the way, it is what it is, I’m sure they’ll return.

EDIT: I get how investing works by the way :wink:

I don’t understand what you mean by this. Each month you buy a certain amount of units of whatever fund(s) you’ve invested in. If the price is lower, you’ll get more units. When the price goes up again then your investment will be worth more than if the price hadn’t dropped.

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Exactly. Not to mention the additional gains on the way back up. Best thing to do at times like this is to keep investing each month.

I can understand why some people will halt regular investments or convert to cash but it’s not something I’d do right now.

Age is also a factor, I’m young enough to recover and perhaps even gain from this.

If I were in my late 50s and were holding a lot of equities, I’d probably be concerned.

That said, I do wish Lloyds would let you hide investments from the summary screen.

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People have just massively overread my point.

My simple throwaway comment was that, right now, if I had to sell, the value has dropped lower than two months worth of contributions in cash value.

Of course I won’t do this, and of course it’s likely that these will return. And equally if invested more right now I get the benefit.

@BenC I actually like that it shows on the summary page, I can at a glance see how things are changing.