Stop panicking!1 Apr 2020 18:07
Message to all investors who are now underwater, DON'T PANIC!
You haven't lost your money as it's still a paper loss only. Would you panic sell your house if it's value dropped by 25%? No you wouldn't so why fret over a 4 month blip in the stock market. Life will return to something like normal and shares will recover also - the world depends on it. The world cannot continue with battered markets indefinitely, that's why if you look at the stock market long term it's trend is always up. Look at the ftse100 chart over the last 40 years and you'll see little tiny blips for 1987, 2000, 2008, 2016 and eventually there'll be a tiny blip for 2020 in a year or 2 time.
Lloyds is a behemoth in the banking industry and a key part of the economy. They have a strong balance sheet following the years after the financial crisis and have just cancelled the divi to protect itself further. Shares are all about sentiment and right now sentiment is cr*p. It'll turn once Covid19 is put to bed.
So, pick yourselves up, dust yourselves down and sit tight and wait for the recovery in a few months time. It'll come and when it does it'll be the mother of all recoveries with double digit growth figures for the economies most affected.
Relax.