I think the markets going to tank, any thoughts?

[AdmiralCain]

I've just had a feeling... After the credit crunch the world debt was exposed and the futures market probably made a killing on who would be holding the toxic debt when it got exposed.
UK has gone up from 800 (odd) billion to over 1.15 trillion debt. People just wanted to get back to the good life and have loaded up on debt and credit cards are still charging 18% when interest rates are .25%
Every ten years you get a correction roughly, nothing in 2018 but the market took a big hit in March 2020 with covid but has more than recovered.
Today I have withdrawn everything from my private pension funds and put it all into a cash fund with HSBC as I think the market is going to crash badly very soon.
Stagnation, inflation, debts, energy crisis, political strife, geo political strife.

Anybody else worried?

Sorry should have said diversified range of funds/etfs/trusts, subtly different

https://www.independent.co.uk/news/world/americas/us-politics/robert-kiyosaki-market-crash-october-b1930754.html?utmcontent=Echobox&utmmmedium=Social&utmsource=Facebook&fbclid=IwAR2sqctM9iWqfFMKIIos6d6FJ9nB3lnn5KDDc5mEj4y7Nr8bnBGAE6a7U3I#Echobox=1633159360

This article is interesting.

@Residentnumber1 I think the defensive funds you have mentioned are very good. Having read up about investment trusts about which I knew very little, and comparing to open ended funds, I can see how ITs generally seem to outperform funds.

If you have been investing for a while it makes sense to keep going whilst also holding back a little extra cash as you say to take advantage of any dips.

My problem is that I'm only just starting out and feel I might be putting money in just as everything is about to go down.

I think there are very good reasons for a downturn especially once interest rates rise and government support for the economy tails off.

The big question is when is it going to happen?!

I think I'm going to continue drip feeding in but reduce the monthly amount and keep more in cash than I had originally planned.

I'm finding it difficult to select funds because good past performance over the last 10 years might not translate to equally good performance over the next 10 years as we're no longer going to be in a low interest low inflation environment.

@HollowTalk that's both interesting and scary! I do think there will be a "correction", not necessarily a crash, although I am not in any way a financial expert or economist!

@Amboseli

I understand completely what you are saying. But, as you are investing for the long term, investing in a variety of things is key, to reduce risks. Inevitably there will be a major correction, just ride it out. I think you are being sensible to dripfeed, and hold a bit more in cash, i am doing the same. If markets do drop significantly in the next few weeks/months, then I plan to put more money into investments. My trigger will be a drop some where between 10-20%. If that doesn't happen by the end of this calendar year, then I will invest the surplus funds anyway.

I'm going against my usual principles of not trying to time the market, but for the sake of a few months, I'm prepared to take the risk that markets go up and when I do invest it be more expensive