Investment Isa

mark112233

Hi

I have a multimanager Balanced Accumulation Investment Isa with Abbey.

It is now valued at £500 less than June.

Should I be worried about this or is this the norm for these.

Theres not a huge amount in there but I would like to keep what I've got.

Thanks

Lokolo

Whats the % change?

Theres of course going to be bad times in the markets, but if you are getting worried of course you could pull out, but you would lose out when the markets recover. However it is your choice.

Also, I wouldnt have recommended going with a bank for an investment, going to an IFA will give you a lot wider choice and not limited to the banks investment options.

mark112233

It's about 9%.

I'm in no panic to get hold of it, I just don't want to lose it.

Thanks

Lokolo

I have been investing for 3 months and have lost 12% so far...

A lot of higher risk investors are going to be losing around 30-40%....

mark112233

So the best bet is just to sit on it until it rises again??

Lokolo

This my friend is completely your choice. If its in an ISA you can change providers and change the investment. However I wouldn't know what to. You'd have to go see an IFA.

But if you do move it elsewhere don't expect any rises anytime soon. Or expect your current portfolio to rise either.