Hi, currently have my savings in a US Equities Index fund, and as you can imagine my loss is continuing to grow by the week.
Was wondering what everyone's thoughts are on the market, do you think it's worth holding or cutting losses and moving capital into another fund?
| +38 | Strategy to asset allocation | 10 | 2w |
| +28 | Q&A | Research Associate, Long-Only | (0 years in DCM/IB/consulting) | 6 | 6d |
| +15 | Working for Endowment? | 10 | 3d |
| +14 | Early career insurance AM - should I just thug it out? | 3 | 3d |
| +9 | WAMCO - Ken Leech | 2 | 3w |
| +8 | Bridgepoint Acq Kayne Anderson RE | 2 | 1w |
| +6 | Goldman Sachs Operations? | 1 | 1w |
| +6 | MBB to Banking Career | 1 | 1w |
| +6 | Family office - analyst role test | 3 | 3w |
| +4 | CPP Early Investor Program (Summer 2027) Check | 3 | 1w |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
First, I wouldn't recommend you invest your "savings" at all but especially in a market with the current state of volatility. As an individual investor you should probably set aside some money that you wont need to use for the time being, just to invest.
The being said, as long as you don't need to access these funds in the immediate future I would keep it put. I'm not going to act as if I know what the market will do but seeing that the "real" US economy is strong, (low unemployment, growing wages and GDP) I would feel reasonably confident the market will continue to rise. Cautiously optimistic is a phrase I'd use.
If you actually have losses in this fund it sounds like you just bought in very recently (which is unfortunate because the markets were a little ahead of themselves and a correction seemed imminent) so selling now and realizing that loss is doing the old "buy high, sell low"which is exactly the opposite of what I would do with an US index fund. If we were talking about a specific stock my thought process would be different but for a US equity index I think you're best off holding for now.
Aut commodi consectetur et dolores debitis. Veniam amet ipsa et non repudiandae. Ea et et explicabo dolore. Rem unde excepturi necessitatibus ut.
Est perspiciatis error praesentium in asperiores qui. Distinctio est occaecati aspernatur unde sed ea consequuntur.
Consectetur dolorem distinctio eum id doloremque sunt deleniti. Eum voluptate molestiae neque ex ea in error. Saepe cupiditate sapiente ratione. Deleniti doloremque consequatur labore nemo totam aperiam ullam cupiditate.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...