On the chapter of strong drop in the market, i have predominantly been an LSE stock picker considering their under performance since brexit. I have most recently dipped my toe on Meta, Netflix & Teladocā¦am now considering opening a position on CNX1 or EQQQā¦if you were in my shoes would you wait a bit or make a move now??
Although i reckon strong drop on FTSE at the opening of market 6th may, so iāll need to DCA
Suspect its a fairly safe bet that the markets might be a bit volatile on Monday. To a point Iām trying to decide how much and what I would be happy buying. I might go with a safe option of buying HMWO, but I suspect if the market drops I would be best picking some more investment trusts at discounts than my typical index holdings.
In recent months picked up Boston Omaha at $19, Nelnet at $75-80 range, Markel sub $1200 and Tritax 160-180p range, lots of value to be had for long term investors, if your horizon is 1-3 years be careful though
Dot com bubble the companies werenāt making any money. I donāt see this going the same way for the wider market - some stocks perhaps but not on the nasdaq as a whole.