UK leaves EU: global market implications.

[Late_Bloomer]

What do you all think? Move into bonds for the time being?

[Bucksandreds]

All markets will drop today and then over the coming weeks when no real fundamentals change, the market will be right where it was.  I would be nervous if invested heavily in UK markets/ businesses.

[J Boogie]

Maybe I am missing something, but this change seems as though it will be felt much more socially/culturally than economically.  I don't see trade between Britain and the EU changing a whole lot.  No doubt Britain will simply join the ranks of Norway and Switzerland who are part of the EFTA and the EEA which means trade should be business as usual.

The economy will probably be affected by their more stringent immigration policies, but not in any major way that I can imagine.

I think markets will rebound quickly and completely.  That's just my take though.

[2Cent]

The Global market will hold until the implications are clear. Only if the wider EU integrity gets seriously affected markets will sink. There will be losers for sure, but also winners who profit from business moving to mainland Europe. UK was already half outside the EU with border controls and its own currency.

[GuitarStv]

What do you all think? Move into bonds for the time being?

Move some money out of bonds to rebalance your fund (if you lost any money due to the brexit).

What you're proposing is to sell stocks because they're low.  Think about that for a sec.

[Spork]

What do you all think? Move into bonds for the time being?

Move some money out of bonds to rebalance your fund (if you lost any money due to the brexit).

What you're proposing is to sell stocks because they're low.  Think about that for a sec.

Exactly.

I am not a market timer usually.  But there are times when the market shows you the clock and winks.  The general rule is: If you mostly do the opposite of what the mob does, you're probably going to make money.

[dodojojo]

Definitely inclined to tax loss harvest--only question if it's today or if prices will drop further next week. 

I have only THL'ed twice but both times I bought additional shares.  Not sure if I'm going to do it this time.  What if the UK's exit decision means a black swan for the index international/world funds as we know it?

[faramund]

A few months ago, someone on this site gave a link to the motley fool's Morgan Housel, and I've now read most of his stuff - I think he's very good. His latest article (http://www.fool.com/investing/2016/06/24/brexit-what-we-are-and-arent-doing.aspx?source=iaasitlnk0000003)

has in my mind the very good advice to do nothing. In it, he also has a series of observations, including that in the last 140 years

The stock market fell more than 10% from a recent high at least 97 times.
And the market still increased 10,000-fold.

Yes, this might be a black swan, but also it might not, who knows, don't worry - BE happy!

[wenchsenior]

What do you all think? Move into bonds for the time being?

Move some money out of bonds to rebalance your fund (if you lost any money due to the brexit).

What you're proposing is to sell stocks because they're low.  Think about that for a sec.

Exactly.

I am not a market timer usually.  But there are times when the market shows you the clock and winks.  The general rule is: If you mostly do the opposite of what the mob does, you're probably going to make money.

I'm not a timer, either. This past month, because of a bunch of medical bills, I had temporarily suspended my 500/biweekly investments to free up cash. I did not expect the vote to leave the EU to pass, so I figured a month or two of missed investments wouldn't be a big deal. But the second I woke up on Friday and saw the headlines, I ran to get the checkbook and wrote the catch-up $1000.00 check to dump in...Stocks on Sale = change of my plans!

[TheStachery]

What do you all think? Move into bonds for the time being?

Move some money out of bonds to rebalance your fund (if you lost any money due to the brexit).

What you're proposing is to sell stocks because they're low.  Think about that for a sec.

Exactly.

I am not a market timer usually.  But there are times when the market shows you the clock and winks.  The general rule is: If you mostly do the opposite of what the mob does, you're probably going to make money.

I'm not a timer, either. This past month, because of a bunch of medical bills, I had temporarily suspended my 500/biweekly investments to free up cash. I did not expect the vote to leave the EU to pass, so I figured a month or two of missed investments wouldn't be a big deal. But the second I woke up on Friday and saw the headlines, I ran to get the checkbook and wrote the catch-up $1000.00 check to dump in...Stocks on Sale = change of my plans!

I wouldn't rush right in to buy right now either, the market still has some downside left to go.   My bet the market keeps shedding most of the upcoming week. 

[wenchsenior]

What do you all think? Move into bonds for the time being?

Move some money out of bonds to rebalance your fund (if you lost any money due to the brexit).

What you're proposing is to sell stocks because they're low.  Think about that for a sec.

Exactly.

I am not a market timer usually.  But there are times when the market shows you the clock and winks.  The general rule is: If you mostly do the opposite of what the mob does, you're probably going to make money.

I'm not a timer, either. This past month, because of a bunch of medical bills, I had temporarily suspended my 500/biweekly investments to free up cash. I did not expect the vote to leave the EU to pass, so I figured a month or two of missed investments wouldn't be a big deal. But the second I woke up on Friday and saw the headlines, I ran to get the checkbook and wrote the catch-up $1000.00 check to dump in...Stocks on Sale = change of my plans!

I would rush right in to buy right now either, the market still has some downside left to go.   My bet the market keeps shedding most of the upcoming week.

I hope this is true. For my part this doesn't mean 'timing' in the sense of dumping extra money in...it just means I've reversed my original plan to temporarily suspend investments, and will definitely resume dollar cost averaging as usual. Screw the medical bills. They can go on my credit card for a bit.