Halifax investment funds

satishs

Hi ,

I hope you guys can advice me. I started halifax investment funds a year ago and left £800 so far. The month later I invested the money...I have been seeing the stock market falling drastically. My money has falled to £700 at one point 6 months ago and got up to £750 and again to £680 now

I'm wondering....If I should take the money out (with a loss of £100 on the principle itself), So I can buy some good shares that are low in value rather than having my money stagnant in hbos investment.

I know..the longer I leave money..its better. but it doestn look like the share market seem to get better in near future. I'm worried seeing my money going down all time.

Please advice?

Thanks
Satish

Lokolo

1 year? And its down and you're giving up already?

Most shares won't double in value in 1 year.

Picking low value shares doesn't mean they will go up in value in 6 months.

If I were you I would stick to savings if you don't want to take risks.

dunstonh

you invest for terms of 5-10 years plus. In that period you would expect 2 or 3 major declines. You have just had a big drop and already you are thinking of pulling out.

but it doestn look like the share market seem to get better in near future.

Why?

I'm worried seeing my money going down all time.

So why did you invest in stockmarket linked funds?

This recent drop is actually quite small and short (so far). The tech stocks crash (and other issues) went on for 3 years and saw nearly 45% drops on the FTSE. If you cant handle a 20% drop now (let alone a potential 45% drop) then you are invested above your risk profile (although you dont mention where you are invested so I am just assuming its UK equity or similar).