Trustnet Magazine 84 May 2022 | Page 56

Drip-feeding have bought lots of growth equities at the start of 2009 for the massive bull market that followed ?” he asks . “ That lesson suggests two things : hold on through the bear phase and , if you can , gradually drip in a few extra savings as the market slips back , but keep investing with the view that you have a long-term horizon .” In a separate article in this month ’ s edition of Trustnet Magazine , David Coombs , who heads up Rathbones ’ multi-asset team , says the current environment reminds him of the “ grinding bear market ” of 2000 to 2003 , after the bursting of the dotcom bubble . This seems like a useful starting point . Let ’ s assume you started dripfeeding £ 100 a month into the MSCI World index at the peak of the dotcom bubble , on 31 August 2000 , and continued for the next five years . This was one of the worst times to

MSCI World (£ 6,821.9 )

£ 7,000

£ 6,000

£ 5,000 £ 4,000

£ 3,000

£ 2,000

£ 1,000

Source : FE Analytics

Issue 84 - May 2022 / 29 /