Will this be the big correction

Thoughts?

Usual theme is not to panic, but …….

So if it does crash, what will you do?

 

Russian stock market crashed 33%

 

Better fire sale now MTR. Lock in your profit before you lose it all.

 

You forgot the sky is falling

Never fear…. There will always be people that panic and sell…..going to be a roller coast road

 

Sp500 finished up about 1.5% overnight!!! I guessing market thinks fed will delay raising rates otherwise makes no sense

 

I think they expected worst. Current impact is perhaps priced in for now so need something else to make it drop further.

 

Did @sash move to all cash last week? last month?

I bet they did.

 

Nope only super to conservative funds 2 weeks ago. Left ETF as is.

By conservative I mean Aus Super conservative fund

The bigger worry is inflation will now hit Australia as oil prices spike

 

Too early to tell ,As there seems the only big swings above 90%
were linked to Social media advertising platforms but even those listed companies seems to have turned in the last few hours.
What ever we might think about with Russia as that totally depends on what they have planned and the time frame 3-6-12 months so for the next three months there will be several opportunities available like always..

 

I was expecting it later in the year as US growth slows just as the Fed reduces QE & raises interest rates to kick the market while its down. Ukraine throwing a spanner in the works, so don't know if there will be another bounce before the tough market conditions come.

 

Don't panic....do not...paniccccccc, no panicing.....no panic....sorry, sorry...

I am ok now, what was the question ?

 

We went through a real share crash 2 years ago, right? What did everyone do then?

 

some mentioned they switched to cash

 

I was one of them.

Went conservsative funds in Super....this time instead of cash. Watching on the sidelines...left ETFs as is....things have recovered in the funds I am in.

 

I wasn't waiting around to miss market opportunities. Its too late by then. Been taking advantage of markets shorting. Made some serious moolah over the last few months. I posted I'm shorting here before this crisis as tech was seriously going down. This new shift in world markets only massively increased gains for me over the last 1-2 weeks.

I (and other friends) made big bucks with COVID-19 too buying up after serious dips.

Was just discussing with a friend earlier that massive world events offer massive market rewards if you are brave (and able to manage risk ) enough, to take advantage of it.

It's now a new (and unexpected) tool in my arsenal of investing since covid showed me what can be achieved .

Not advice. Dyor.

 

The Big correction? Which big correction are you referring to?
If you intend on investing in equities for the long term there will be a many corrections in your time. There will be a few market crashes as well. There will be many dips and even more rallies.

If you think your smart enough to trade the volatility then you should be doing something right now. If like me, you are a long term buy and hold investor and not smart enough to trade these market shifts, then do nothing. If you have cash that you intend to invest then invest it. Other than that it’s business as usual.

 

I'm a long term buy and hold type so I don't worry (financially) about the world at the moment.

Here is a piece that considers the last 146 years:

Three all-time best tables for every adviser and investor

But even more remarkably, if you were to invest your money in the ASX (index), turn off your screen, go away and comeback in eight years’ time, then on average you would have a 120.4% return, and there would have been NO occasions on record where the dividends and capital growth would have been negative

 

I am with you!!! What correction?

I am down 12% over last 3 months. That’s not a correction.

22% in a day (Black Monday, 19 October 1987) for Dow Jones. Now that is a CORRECTION!!!!

 

If you are going to panic, panic early preferably while the sun is shining.

I always move to a bigger cash allocation at record highs which I did 4 months ago. If the market crashes now I'll feed that extra cash into the market. I wont get it all in at the very bottom but if I've taken it off the table at record highs I dont need to.
Did the same with the GFC, same with Covid and it'll be no different this time.
The main reason people say you cant time the market is because they don't have the self discipline to take money off the table at record highs and they dont have the intestinal fortitude to buy in a crash.
I dont profess to know what the market is going to do so I stay 70% invested all the time. But by simply identifying when the market has had a long bull run at record highs and when it's crashing and adjusting cash allocation accordingly has the potential to significantly increase overall return.

Historically my best years in the market have been due to crashes.

 

Me too