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HBOS Tracker

I have money in HBOS ISA Tracker has been in there for 18months currently obviously loosing money and wanting to know whether I should take money out while its at a loss or ride it out?

Comments

  • PM
    PM Posts: 518 Forumite
    anyone any help?
  • dunstonh
    dunstonh Posts: 121,282 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    You are investing in a medium/high risk fund with the potential of minus 50%-60% loss in a 12 month period. You are only down 40% from the high and less than the last time the FTSE dropped heavily (2000-2002).

    What you have to ask yourself is if you are investing within your risk profile. You dont sound like a medium/high risk investor.
    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.
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