S&P 500

Candystore

Candystore

Expert Member
Joined
Jan 23, 2009
Messages
2,992
Reaction score
943
After the recent sharp drop in the S&P500, do we just ignore that and leave our ETFs as is? Move it?
 
Candystore said:
After the recent sharp drop in the S&P500, do we just ignore that and leave our ETFs as is? Move it?
Click to expand...
serious?

You never ever WATCH the market - dollar cost average - buy on an ongoing basis.

The market is having a sale - you only lose if you sell!

100% LEAVE IT.

if you have spare cash its time to stock up!

Also clear debt first before more investing otherwise you funding that investing with your high credit card interest.

Timing the market will make you sick decide on your investing goals, this is only an issue if you need that money now

/rant over :p
 
BBSA said:
Depending on how long you're investing for, it might be smart to dial down the risk if retirement is around the corner.
Click to expand...
other time to consider this we talking short time view less than 3 years not 10 plus years
 
Snyper564 said:
serious?

You never ever WATCH the market - dollar cost average - buy on an ongoing basis.

The market is having a sale - you only lose if you sell!

100% LEAVE IT.

if you have spare cash its time to stock up!

Also clear debt first before more investing otherwise you funding that investing with your high credit card interest.

Timing the market will make you sick decide on your investing goals, this is only an issue if you need that money now

/rant over :p
Click to expand...
There is also brokerage and possibly CGT to think about.

Then you have to decide what you are going to switch into, probably cash.

Then one day you have to buy in again when you think S&P bottomed out, and then more brokerage and maybe CGT from what you sold.

If you get the timing wrong you also lose out.


So yeah. Do nothing.
 
Pegging said:
There is also brokerage and possibly CGT to think about.

Then you have to decide what you are going to switch into, probably cash.

Then one day you have to buy in again when you think S&P bottomed out, and then more brokerage and maybe CGT from what you sold.

If you get the timing wrong you also lose out.


So yeah. Do nothing.
Click to expand...
cgt?

yes if you not selling before 3 years otherwise income tax
 
Is there anything better than 50/50 split into Nasdaq100 and S&P500? I know there is a lot of overlap between them and not much diversification. I guess it is the safest best in the long run as I'm in my mid 20s and don't plan to withdraw in the coming decades
 
Lefty309 said:
Is there anything better than 50/50 split into Nasdaq100 and S&P500? I know there is a lot of overlap between them and not much diversification. I guess it is the safest best in the long run as I'm in my mid 20s and don't plan to withdraw in the coming decades
Click to expand...
So I have a friend top notch actuary that said even after all his studying market analysis etc.

He just stopped here again at that 50:50 split.

This is the split I am currently using when not messing with crypto
 
Thanks all.

Also, a special thanks to @Snyper564 for following me around the entire forum and telling me to pay off my credit card debt first.

You're like a personal trainer, but for finances :ROFL:
 
Candystore said:
Thanks all.

Also, a special thanks to @Snyper564 for following me around the entire forum and telling me to pay off my credit card debt first.

You're like a personal trainer, but for finances :ROFL:
Click to expand...
Haha hope it helps! :)

but seriously give this a listen - I dont agree with no credit cards but I settle mine each month in full but the rest is top notch advice

www.ramseysolutions.com

Dave Ramsey's 7 Baby Steps

Beat debt, save money and plan for the future!
www.ramseysolutions.com www.ramseysolutions.com

open.spotify.com

The Ramsey Show

Podcast · Ramsey Network · The Ramsey Show believes you can build wealth and take control of your life—no matter what stupid mistakes you've made with money. Join as Dave Ramsey and his team of experts answer your questions on the top problems holding you back. Listen now or ask your question...
open.spotify.com open.spotify.com
 
Lefty309 said:
Is there anything better than 50/50 split into Nasdaq100 and S&P500? I know there is a lot of overlap between them and not much diversification. I guess it is the safest best in the long run as I'm in my mid 20s and don't plan to withdraw in the coming decades
Click to expand...
For my tax free account I am going NASDAQ, S&P 500 and MSCI world.
About a third in each. I rebalance that every couple of years.

I would go 100% into Nasdaq because I like tech, but use the other two to diversify a bit.
And yes I know the other two have Nasdaq stocks in them.

For my Normal Satrix account, I have about the same but I also have started putting some money into Satrix Emerging markets.
I don't rebalance that one.

MSCI World is probably the best one to go with if you only pick one for the long term.
 
Pegging said:
For my tax free account I am going NASDAQ, S&P 500 and MSCI world.
About a third in each. I rebalance that every couple of years.

I would go 100% into Nasdaq because I like tech, but use the other two to diversify a bit.
And yes I know the other two have Nasdaq stocks in them.

For my Normal Satrix account, I have about the same but I also have started putting some money into Satrix Emerging markets.
I don't rebalance that one.

MSCI World is probably the best one to go with if you only pick one for the long term.
Click to expand...

I invested in the MSCI India for my daughter on SATRIX. Hoping it pays off. That economy is exploding.
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X