Aviva Share Discussion Threads

[badtime] 12/3/2020 19:36

Wise words as always EI

[chrissmith2] 12/3/2020 19:31

Yep. Bought for yield. Over 11%.

[bo90] 12/3/2020 19:24

30 mins ago

[tradejunkie2] 12/3/2020 18:44

Honestly guys when was the last time you went to the Chinese chippy?

[orchestralis] 12/3/2020 17:33

I made an initial purchase today for long-term ISA. 11% re invested each year for 7 years will cover my investment. The wonder of compounding.

[honestmarty] 12/3/2020 17:33

The FED have unleased QE4.

Trillions of dollars.

Tomorrow could be very different

[cassini] 12/3/2020 17:03

Yield finished at 11.36%.

[eeza] 12/3/2020 16:47

Usually after it's gone back up.

[smurfy2001] 12/3/2020 16:36

Recession like volatility that's what I'm seeing with allot of stocks.

There's some serious money to be made in the aftermath.

I'm already putting together a Corona virus portfolio.

When to start buying though.....

[essentialinvestor] 12/3/2020 16:33

Nick, you can always buy in small stages.

[nick rubens] 12/3/2020 16:30

Yes Cassini, like all investors I am at the ready for the bounce as is every man and his dog. If the world population isn't ending, then I believe it will go up as quick as it went down and I'll certainly miss the bottom as I always do because of fear.

[uppompeii] 12/3/2020 16:29

Hopefully it wont get to the 170s where I bought before.

[essentialinvestor] 12/3/2020 16:29

That's the thing about TA, it can be either be bang on the money or hopefully out!.

[cordwainer] 12/3/2020 16:27

"cordwainer9 Mar '20 - 08:43 - 1092 of 1212 Edit
0 0 0
my dip back in here last monday certainly looks silly now. who knows how silly it can get ? .. the flag pattern suggests 280p could be reached ?"

..damn :-( it hit 271p today.

[essentialinvestor] 12/3/2020 16:22

It's a bear market yes, however it's also a crash, which for UK markets
are very rare indeed.

[cassini] 12/3/2020 16:20

Technically with the >20% drop it's a bear market, but I've never seen one caused by a plague* before and I think they may have to invent a new word for this sort of scenario ;0)

*OK, and an oil price war.

[uppompeii] 12/3/2020 16:07

I guess this can be called a correction then?

[cassini] 12/3/2020 16:00

Historical yield is 11.21% as I write.

[eurofox] 12/3/2020 15:57

topped up at 272 ... can't believe it

[cassini] 12/3/2020 15:50

Nick R,

Same dilemma. I bought at 360p, so more incentive to get my avergae price down than you! Long term support is around the 260p level as far as I can see, apart from the 2009 financial crisis when it went below 200p! I don't see this crisis as being the same though - most banks and financial institutions back then were technically insolvent IIRC and didn't know if they would even be operating the next week.

This collapse has been so rapid I feel the recovery (up to a point) must take the same form. The difficulty is knowing where the bottom will be, so as not to miss the rip-your-face-off rebound, as you say. If there is one ;0)

[nick rubens] 12/3/2020 15:23

Bought around 325p, now struggling to want to buy more at 276p because I worry it may go lower. One thing for sure is if the market decides the economy isn't going to collapse in it's entirety, then prices will rebound immediately and perhaps in a day or two.

Having said that perhaps we should firstly hope we don't get affected ourselves with Corona,and worry about share losses secondly.

[smurfy2001] 12/3/2020 13:37

Well into Bear territory now. Almost 30% correction on the FTSE100.

cjac, nice posts thanks.

[essentialinvestor] 12/3/2020 10:25

cjac, really interesting post, thanks for that. Pru is my main sector holding,
which is getting s right good kicking atm.

[123trev] 12/3/2020 10:24

In truth world governments are handling this in a most ridiculous way testing people months after the fact is to late the virus is now part of our lives and shutting everything down just won’t help and is not viable long term you could stem the virus only to have it return months later twice as bad. It could become as seasonal as the flu who knows. The point is this isn’t disease X far from it and even if it turned into it at some point nothing government is doing would change a thing. Take precautions with the elderly and those with underlying health issues is the best you can do.