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Old 17.05.2012, 16:45
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Investment strategy during 2012 Euro crisis?

Apologies for the length of this message but I suspect many others out there in EF-land will be asking similar questions. I often see remarks on the forum about investment but I wanted specifically to ask for a little insight into the current (May 2012 ->) crisis in the Eurozone, and what the options might be for the private investor.

I have 3 UK-based investment accounts spread across a personal pension (50%), some tax-free ISAs (20%), and 30% in a general stocks and shares investment fund - tax payable. I can't close the pension fund till I retire in 10 years, but the other two I can close any time I please. All of them give me total freedom to invest in the markets.

In the last month, the total value has dropped about 10%.
After a rocky investment history over 10 years, earlier this year I thought this time I am going to do some reading, adopt a mainstream strategy AND STICK WITH IT WHATEVER HAPPENS.

So I spread my cash over a variety of mainly steady, well diversified sectors, geographies and investment types. One difference this time is that I've been looking for a greater focus on income i.e. dividends to be reinvested.

So now, a few months in, I'm seeing a significant loss, but am still trying to stay mentally strong, given the usual pattern of cashing out too soon (and then regretting it). However, this time things seem worse, with all sorts of apocalyptic commentary about the total collapse of various countries leading to a domino-style collapse across Europe and the capitalist world. I see no respite.

I can feel my mouse finger itching to run to cash before I lose everything -- or an amount from which I will never recover.

Advice please! I know there are professional investors and bankers and financiers here. I am curious to know how you are dealing with the current situation, professionally or privately.

I suspect that my own financial arrangements as described are not untypical, so if you were me, what would you change, if anything? Or would you just sit tight and ride out the storm (confident that the storm will have a sunny ending)?

Thanks for any advice, insight, ridicule. Or please share your own investment dilemmas. At least we might feel a bit better if we jump off the Titanic hand in hand.
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