Shares

[leonardo871]

Share prices have fallen again - some of my shares are now down by 50-60%

The advice is always to wait it out and not panic sell - however I am becoming more scared every time I check.

Does anyone have any advice?

Do I just weather this storm or seek advice from a stock brocker?

What sort of value are we talking, when we're planning to cash them in? Crucially what sector are they in?

If you cash them in now, you will lose money. If you keep them, chances are the price will recover unless they're in a company that's going to go bust.

I have some shares that lost over half their value a few years ago (not necessarily pandemic related) but have recently recovered and at their highest a few weeks ago were worth about 150% of what I paid for them.

Unless you need the money and they're in a sector that's likely to never recover, keep them and stop looking at the price

FTSE
Apple
Netflix

Not huge amounts as I have always been cautious.

This is the advice most people tend to give.

Ride it out, OP. Don't sell now.

Last few weeks have been big ups and downs alright!

I'm just going with the flow - I have one or two which are really bad, but the rest are just being volatile around the same boundaries.

I'm just waiting it all out, the companies I have invested in are generally sound other than the one or two which are very very down and tbh I just see them as a bad investment anyway, despite this strange time.

And stop checking so much - it will do your nut in

Only if you sell now will you have lost 50-60%, always ride it out!

Don't sell now!

Keep calm, keep your cool and try not to stress.

Remember that historically the market has always recovered. Even after 2008 the market recovered.

Deep breath.

Don't sell. I stayed put during 2008 and it's as if it never happened. They will rise again. If you read the history of bull and bear markets you will see that sudden dips always recover and to better than they were.

They will go up
The stock market goes up and down but the overall trend is usually up over a 5 year period.
You have only lost the money if you cash in now
We are actually buying more shares at the moment

I am just going to ignore it now

Does the market seem similar to 2008?

I bought most during March 2020 when there was the COVID dip.

Does anyone know why the market has dipped so much past few weeks?

im not giving any sort of advice, but personally I’d be wary of Netflix as a longer term bet. Huge borrowing, enormous reliance on creating a regular flow of hits but the cost of production is shooting up and they are discovering that even throwing lots of money at a project doesn’t guarantee it will be a success.

The market they are operating in is becoming very competitive, they got in fast and achieved early success but are now competing against the likes of Disney, the newly merged Discovery/HBO Warner, and an ever increasing selection of advertising funded streaming services.

i reckon they have a big struggle ahead so will be fascinating to see if they make it. Investors are definitely feeling a bit jittery.

Its the Netflix ones I am particularly twitchy about. They are dropping and dropping

I had shares with Roku which I sold earlier in the year - it was dyer. Those are the only shares I have sold.

It’s really hard making these sorts of decisions, separating normal ups and downs from genuine issues, but if it were easy we’d all be rich!

OP why don't you consider index funds in the future.

Much less risky. Spreads the cost.

Op, try and read more About it.
It's always cyclical...it will always go up and down.
Personally I stay away from individual shares only a handful of companies go on for a long times.

I also have some Tesla, Netflix, apple because I have brought some via the us stock market.

It's self cleaning,if a company doesn't perform and drops out, it's replaced.
I have lots of index funds.
Read like j l Colins the simple path to wealth.

I'd only panic if an individual company was in trouble not the whole market.

People Will always need things and want things.. nothing Will stop the us stock market!

Even then don't sell Netflix now when the whole market is tanking.

This.

Buy a low cost tracker fund, drip feed into it every month and hold for medium term. That is the investment strategy for dummies like me.

My stocks and shares ISA has plunged of recent date but I am still buying up the same amount every month. Read up on dollar cost averaging.

So long as you don't need the money right away and can afford to hold for 5 years.

@blueshoes

Buy a low cost tracker fund, drip feed into it every month and hold for medium term. That is the investment strategy for dummies like me.

This is exactly what I do because I simply don't know enough about individual companies to invest/ not invest