Looking at the state of the FTSE 100 and the various markets around the world, it looks like the Bear is well and truly out of the woods and is doing his business in the markets!
I’m definitely not panicking and definitely won’t be “selling everything” as advised by some. Neither however, will I be ‘greedy when others are fearful‘ – I’m just going to carry on plodding along with my monthly investing plan, the same as Mr Z.
More in bonds and cash? Actually no – I’m trying to build up my dividend income so I’ll be buying more shares/investment trusts. On the funds front, Emerging Markets in my portfolio look rather lean so I’ll be chucking more in that direction as I continue to aim for my Portfolio for All Seasons.
Since I don’t have a wad of spare cash to go on a bargain equity shopping spree, I’m unlikely to reap huge rewards from a bear market, as suggested by FI Fighter‘s post on how “Bear Markets Create Millionaires’, but I should be able to pick up some shares/investment trusts at a lower price/discount, which in the long run should make some positive difference.
Buying on the dips? No, just buying anyway!
Unlike some investors, I don’t measure my portfolio against any particular benchmark or index. I’m sure it would be very interesting to know about my investments in that sort of detail but personally, I don’t feel like I need to know.
I do however use Monevator’s Unitisation Method to track my entire portfolio (my Future Fund) and last year, saw an overall positive return of 3%.
How that compares with anything else or anyone else for that matter, doesn’t really concern me, except that I’m happy with that return, considering the volatility we experienced in the latter part of the year.
It’ll be interesting to see what return I’ll get in 2016 but of course, there’s an entire year of ups and downs ahead of us!
I’m buckled up nicely on this roller-coaster! 🙂