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HBOS ISA Investor
sscott5581
Posts: 663 Forumite
Hi
Just after a bit of advice.
I currently have an ISA Investor (catious fund) with HBOS and since the LLOYDS/HBOS announcement the value of my fund has dropped quite a bit.
Do I keep my investment with HBOS and wait to see if share prices rise or do I ditch HBOS and move my investment elsewhere.
At the moment I have invested £480 however my fund is worth £439 today.
I realise this is not a big investment however I pay in £80 every month.
Thanks in advance
Just after a bit of advice.
I currently have an ISA Investor (catious fund) with HBOS and since the LLOYDS/HBOS announcement the value of my fund has dropped quite a bit.
Do I keep my investment with HBOS and wait to see if share prices rise or do I ditch HBOS and move my investment elsewhere.
At the moment I have invested £480 however my fund is worth £439 today.
I realise this is not a big investment however I pay in £80 every month.
Thanks in advance
0
Comments
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I currently have an ISA Investor (catious fund) with HBOS and since the LLOYDS/HBOS announcement the value of my fund has dropped quite a bit.
I think you will find that its not related to the announcement. Its just a general trend over the current market.Do I keep my investment with HBOS and wait to see if share prices rise or do I ditch HBOS and move my investment elsewhere.
The fund is rubbish. So, that reason should see you transfer it. However, you would need to investigate alternative options and understand risk and reward if you intend to this or get an IFA to do it for you (not a bank sales rep).I realise this is not a big investment however I pay in £80 every month.
Its a good time to by paying monthly. So, nothing wrong with that.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Thanks dunstonh for your reply.
Any other advice??
Many thanks0
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