You are reading a single comment by @hoefla and its replies.
Click here to read the full conversation.
-
Yeah unfortunately I need the money within the next couple months... I wouldn't be choosing to. So maybe sooner rather than later.
hoefla-
Funds usually price twice a day and no selling fee... but do check they may exchange traded.
-
Yeah unfortunately I need the money within the next couple months
I had the same. China crashed when I needed my deposit for our place. I thought it would bounce back, but ultimately when you need a fixed amount it is safer to lock in a figure than to risk loosing more.
It fucking sucks, but it's also a lesson on planning ahead once you know you have a need for a lumpsum.
wildwest
hugo7
I'm not sure if you need the money right now... but history's proven turmoil is the worst time to sell in fact the opposite is true it's time to buy.. but I believe it's going to get worse before it gets better with brexit.
Buy good stocks and hold.
Buffets advice stands buy when people are fearful and sell when people are greedy...or words to that effect.