I have a bunch of ETF on the following markets: USA, Europe,Japan,China,Sud Corea and Switzerland. 55% are bonds and 45% stocks. Yesterday it lost 2,5%.
I was relatively unlucky because I started to build this new portfolio two weeks ago.
This is the first portfolio that I have built all myself. Until now I have been relying on asset management companies. I have an old portfolio with them and I have to say that it behaved quite well and was enough stable during the pandemic. It obviously lost but it never reached -10% while the markert was something like -30%. I was pretty unlucky since I built this new portfolio two weeks ago. On Friday it lost 2.5% in a single day.
It depends on what your intention was when buying the stocks in the first place. I've only invested in low cost index funds and gold outside of my fun bucket, with the expectation that the value will fluctuate over the years. I don't intend to sell any time soon. If your investing strategy was designed to be more actively managed, your answer might be different.
Only if you want to lose money. Anyone who sold during the original Covid-related volatility (March, 2020) lost out. If you are a long term investor, this will be a small blip. There is no reason to think this time is any different.
Also consider this news had unfortunate time: the day after a holiday, the market closing early, low volume, etc. It would be the perfect time for large institutions to shake out any weak retail investors.
To make money? Retail investors have much smaller positions, think emotionally, and can be scared into selling at a lower price during these big drops.
Timing the market i usually easier said than done. When do you buy back? What if the market goes down initially and then bounces back, are you still a seller or do you buy?
I have a strategy to bring forward some of my regular investments if the market dips and sort of average into that.
Current vaccination is not going to work, so another year will go into development and trials and again there there will be lockdown imposed
So even if still in 1% profit, book it and buy the dip
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[ 4.5 ms ] story [ 54.3 ms ] threadAlso consider this news had unfortunate time: the day after a holiday, the market closing early, low volume, etc. It would be the perfect time for large institutions to shake out any weak retail investors.
I have a strategy to bring forward some of my regular investments if the market dips and sort of average into that.