Yeah. That wasn’t going to happen.
That can be one of the strategies. What stocks are you planning to buy? I think it may be time for a more fine tuned plan than the usually recommended MSCI World.
I will probably keep powder dry and park in short term bonds and maybe even pay down a bit of mortgage.
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Because I’m a complete novice I rely on the True Wealth robo advisor to manage my portfolio of bonds, equities etc… I just pay into the account and it distributes to the following asset classes, rebalancing when necessary.
Bonds, Real estate, Natural resources
Equities
Spread
It’s basic and passive, but the alternative was not to invest at all. I don’t trust my ability to pick stock or track markets, so this is following the Warren Buffet idea of passively investing in the S&P 500 and other indices and let it do its thing over the long term (I have 20+ years to retirement).
F is cheap and currently yielding over 8%
https://www.morningstar.com/stocks/xnys/f/dividends
Ah, ok. I used True Wealth some time ago, but closed my account for two reasons: (1) It only offered a selection of equities by geography but not by theme, and (2) making changes to the allocation took quite a while so it did not allow for short term buying or selling.
I now buy ETFs via Swissquote. I recently shifted into “value” stocks (low P/E, robust earnings and dividends), into bonds (mix of govt and investment grade corporate) and away from US techy stuff. And a big chunk of cash, but this was more a conincidence.
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Yeah, but don’t forget the Dollar. Also, all car stocks except Tesla are dirt cheap.
But F has the best cards with production mostly based in the USA and still being a profitable enterprise.
That is fine. I am not buying individual stocks.
Fine with me too!
… but many of their engines are built in Canada.
True. But, compared to the others, F still has the most production in the continental US. In addition F builds for other brands. For example the new VW Bulli is actually a Ford. VW Transporter | Review
I don’t have the full report, but this is quite interesting. GS say that if there is a recession (which JPM assesses at a 60% chance), S&P EPS should go to 211, given historic numbers.
So even if P/E were to stay at 20-22, this gives you a range for the index of 4200-4600. Which also chart-wise looks plausible.
You can do the numbers for a return to the average P/E of 16 yourself.
Whelp, I am now down 5000€ from my original investment. This sucks and it has gotten to the point where I‘m losing sleep.
And it seems that the portal is now offline so it could be more.
4500 is just another 10% down from here.
The mysterious rally from yesterday analyzed. TL;DR people read something on twitter and assumed Trump was pausing tariffs. Wishful thinking in its purest form.
So we bounced 8% on a fake headline, sold off when people realized it was fake, and then bounced again when it occurred to people that if we bounced that much on a fake headline imagine how much we’d bounce on a hypothetical real one.
Lost another 1000€ in 24 hours.
Can’t anybody whack the Cheeto?
Frankly this is all I have and I am scared to lose it all.
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Probably a bit poor taste but just to cheer you up a bit, @Slammer
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Cheered me up a bit.
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The markets picked up this morning on hopes the tariffs would be resolved by trade deals but Donnie pushing his 100+% tariff on China crashed them again, Dow down four and a half thousand in five days.
The good news Slammer is all markets recover eventually, hopefully before the next presidentiaal election unless Trump stands again.
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The good news is that you will not lose it all. The bad news is that the losing is going to continue for a while.
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