I am a newbie investor in general and I bought index funds a few months ago and I contribute regularly.
I've read that many advise keeping index funds even during depression or bear markets and continue contributing.
I've also seen analysis on this very forum to sell index funds based on ROC (Rate of Change) indicator.
I'm becoming a little nervous as a newbie as my investments are in the red at the moment due to down market movements for the last weeks (or maybe even months?)
As an experienced investor, can you advise me how should I act under these circumstances?
Sorry for the confusion. I should have mentioned also I'm planning to invest long-term 10+ years.
I own 4 index funds:
- Fidelity Index US Fund P-Acc - 40% of my investments
- iShares UK Equity Index Fund D Acc - 40% of my investments
- Vanguard Emerging Markets Stock Index Acc - 10% of my investments
- Vanguard Global Small-Cap Acc - 10% of my investments
All of them went significantly down.
I am UK based by the way.