Londonrake wrote:I'd like to claim to be a stock Oracle. Unfortunately not. Nevertheless, for a number of reasons (not to do with Ukraine), I pulled out a significant amount from stocks into cash at the end of last year. Lucky break.
Why have all those stock markets "plummeted" though?
I've always loved the way the stock/Forex people talk. Every movement's termed in shock/horror superlatives.
Stock crashes are also great opportunities to make money especially for those who be stocked every month.
Which is what I do.
I literally buy every month through a fund management system.
And I still buy them. The strategy has been for literally many years and for many years to come. Only thing is that when I approach retirement I might need to reduce risk.
So only thing now is that there is plenty of value to buy in cheap. And when the market recovers it means higher gains and the market always recovers even if the war continues.