>be me
>be 20
>be following the dollar-cost average, buy-and-hold meme
>tfw holding about £8.5k ($13k) equities after a few years of saving
>tfw expect an economic crash at some point soon (2016)
>can't bring myself to sell equities because "muh long term"
HELP
E
L
P
>>1250150
It's a tough one. The UK market is already 11% or so off its peak, so our losses are more limited.
I just hold a few gold miners (but I bought them when they were cheap) to protect myself against a downturn.
Another option is to invest in companies operating in Russia. They are already in a recession and valuations are very low already. Raven Russia looks pretty good as a value play.
>>1250150
Buy more you sexy pussy cat
>>1250181
I'm spread quite evenly across the world. I'm still about 2% up because the pound is shit.
>>1250181
Raven Russia looks alright. They seem to be making big losses atm tho
>>1250150
You're literally me except younger.
What would you do if you cashed out, though?
>>1250150
Buy shares in 88e
>>1250273
Wait for a crash and then once it starts to slow begin DCA back in.
Don't sell, but maybe accumulate new cash and build up a large opportunity reserve instead of putting it immediately to work in stocks.
That's what I'm doing.
>>1253138
I'm currently putting £450 per month into funds still. Maybe I'll reduce that to £150 and start building up some gold.
