Investments in Corporate Bonds ISAs

beebopper_2

I have some Corporate Bond ISAs with HBOS which are not worth as much as when I first got them, about 5 years ago. Is it worth keeping them or should I cut my losses and sell them?

dunstonh

beebopper wrote: »

I have some Corporate Bond ISAs with HBOS which are not worth as much as when I first got them, about 5 years ago. Is it worth keeping them or should I cut my losses and sell them?

Halifax are particularly poor with investments. For example, you have 100% in corporate bonds. So, you had all your eggs in one basket during a period that didnt suit corporate bonds. Ironically, going forward, corporate bonds are looking more attractive now (as are a few other areas of fixed interest - note some are not looking that attractive though).

It may now be time to look at your holdings and build a more diverse spread that averages out to your risk profile instead of having all your eggs in one basket. You wont be able to do that with a bank though. You either have to DIY and use a fund supermarket or use an IFA who will use a fund supermarket.

halight

I would hold on to them, But as above id look into spreding your risk.
Put some money in a share issa maybe?
Do you know if you can move your bonds to a difrent company? IT might be worth looking into. But you will need to find out if there is a charge for this off hbos. And or how muccck money you could lose.
But def spred your risk dont keep all your eggs in one bacsket.
Good luck

dunstonh

Put some money in a share issa maybe?

They are in a stocks and shares ISA.

Do you know if you can move your bonds to a difrent company?

Yes he/she can.

But you will need to find out if there is a charge for this off hbos.

There isnt (been there and transferred many out before.