Current Unstable Performance JSE - Retirement fund Investing

[Macks]

Hi All My retirement provident fund is invested on the JSE and has had 28% growth in last 12 month.It has taken a beating in the last month with the falling markets. I would like to hear your thoughts on strategy going forward. Should I hold in hope that market would turn positively or should I pull out into cash and get back in when more stable with upward positive turn ?

[SimonPB]

do nothing

[Werner_1]

do nothing, i agree with Simon.

[Creature_of_the]

When in doubt , do nothing..............patience......

[samoa]

Agree...sit on your hands..

[Galuc]

You should have a stop loss in place, if not, that was your first mistake! If you have and you haven't been stopped out, be patient.

[#7]

There's a difference between a retirement account and a trading account. I assume this is a long term retirement account so I say do nothing and stay invested during good and bad instead of trying to time the market. If this was a trading account it was a different story.

[geordie1]

do u mean retirement provident fund?if yes then there are regulations that do not allow it to be fully invested in shares only?this tends to prevent the highs and lows.if it is a provident fund it cannot move 100% into cash

[Macks]

Thank you for feedback

[#10]

do nothing - even better, when in doubt, buy more. Provident funds are long term instruments and can't be traded. You certainly can't put in a stop loss - that is not possible. By their nature and constitution, they are risk averse - you won't have any significant exposure to any single asset class. It will be broad spectrum - and now is the time to buy more - if you are doing it lump sum.

[partridge]

that is a frightening question to ask.