Learning points on the 2020 crash
Posted: July 21st, 2020, 12:52 pm
Wondered what if any learning points TLF investors had from the crash this year.
I am a relatively new investor, so though experienced crashes which have impacted in my workplace pensions in the past. This is the first crash which I have experienced on direct stock market investments.
AA has been helpful - having some bonds and gold in the mix - has smoothed volatility. There's been helpful advice on here when prices were falling, not checking them often (if at all).
I've reviewed what has done well and what not so well, and my new investments are running with the winners.
Noticed some have reoriented away from HYP to growth or looked into new markets for dividend paying stocks.
With Q2 and Q3 earnings looking shaky, could there be a second crash? Or is this more of a blip, with businesses now re-opening, people getting back to work, stimulus packages taking effect and a vaccine coming, then investors will feel good. Is this the mythical time long predicted where the FTSE 100 enters a bull phase
Are there learning points here. Or it is just stick to stick with the plan.
I am a relatively new investor, so though experienced crashes which have impacted in my workplace pensions in the past. This is the first crash which I have experienced on direct stock market investments.
AA has been helpful - having some bonds and gold in the mix - has smoothed volatility. There's been helpful advice on here when prices were falling, not checking them often (if at all).
I've reviewed what has done well and what not so well, and my new investments are running with the winners.
Noticed some have reoriented away from HYP to growth or looked into new markets for dividend paying stocks.
With Q2 and Q3 earnings looking shaky, could there be a second crash? Or is this more of a blip, with businesses now re-opening, people getting back to work, stimulus packages taking effect and a vaccine coming, then investors will feel good. Is this the mythical time long predicted where the FTSE 100 enters a bull phase
Are there learning points here. Or it is just stick to stick with the plan.