Leaving for around a year - stock safe?
 

this is a pretty newb question. i'm going travelling for about 1 year next week. i currently have a significant portion of my assets invested in 6 ETFs.

is it wise/safe to just leave them unattended for the next year? they've recently dropped about 6% in the last week which is a little alarming.

Re: Leaving for around a year - stock safe?
 

It all depends. How soon do you anticipate needing to touch the money?

Re: Leaving for around a year - stock safe?
 

[ QUOTE ]
this is a pretty newb question. i'm going travelling for about 1 year next week. i currently have a significant portion of my assets invested in 6 ETFs.

is it wise/safe to just leave them unattended for the next year? they've recently dropped about 6% in the last week which is a little alarming.

[/ QUOTE ]

The point of having your money diversified in 6 ETFs is so you don't have to worry about anything.

Enjoy your trip.

Re: Leaving for around a year - stock safe?
 

Stocks aren't like children. They're not safe or at risk depending on whether or not you're doting over them.

Re: Leaving for around a year - stock safe?
 

[ QUOTE ]
[ QUOTE ]
this is a pretty newb question. i'm going travelling for about 1 year next week. i currently have a significant portion of my assets invested in 6 ETFs.

is it wise/safe to just leave them unattended for the next year? they've recently dropped about 6% in the last week which is a little alarming.

[/ QUOTE ]

The point of having your money diversified in 6 ETFs is so you don't have to worry about anything.

Enjoy your trip.

[/ QUOTE ]

I agree...if you are in 6 diversified ETF's...and barring a complete market collapse...you should go and enjoy your trip,and hopefully when you return,you will have a decent ROI

Stephen [img]/images/graemlins/cool.gif[/img]