Funds...why bother

dunstonh

Well Dunstonh, I stand by my assertion that the funds are there to make money and where they don't a major emergency should be sounded and the investors should be offered some chance to recover their loss i.e. move to a better performing fund at a discounted rate......simple civility that.:T

That is totally possible. That is one of the features of the funds. You or a servicing adviser can switch funds as you see fit.

Switches are typically free of charge or just carry a very small switch fee depending on who you use.

Stavros_3

I would be very reluctant to have all my portfolio in equities, he is my spread
UK equities - 23%
Overseas equities - 10%
Private equities - 2%
Structured products - 8%
Fixed income - 25%
Hedge funds - 20%
Property - 10%
commodities - 2%

wheresmydoshat

i know someone who worked in the city for a company who's main aim is to fleece peoples money, and when they lose it, convince them to invest more to make some of it back.

the owner drives about in his flash car and the promise of decent wages keeps most of the people working there from sleepless nights.

in the end my mate couldn't hack it. seeing people lose thousands when they never had any realy chance of making any money short or long term.

it was just all about the upfront fee's, thats all the company cared about.

The_Fiddler_2

campins wrote: »

Funds why bother:rotfl: :rotfl: :rotfl: Thoughts.

Have you seen the interest rates?

campins

No...I have not seen the interest rate.:cool:

campins

Well, I've made a bit more with the investment fund cash, it could have been nine hundred plus but I waited for an increase and ended up with just seven hundred. The only trouble is where am I going to put it?...I don't fancy the banks, which is no surprise, and please don't tell me about investment funds..Ha Ha HAAAAA! any suggestions .......maybe :j :beer:

Lokolo

No idea what to do, my advice would be pretty p*ss poor to be honest.

My New Star fund which I was whining about the other day went up 8% yesterday shame not Friday instead though as tomorrow I buy £50 worth of units so would be nicer if they were cheaper :rotfl:

campins

Best of luck with your fund.......by my experience you will need it although my pension fund has recovered and is almost back up to the amount invested. :T

campins

Is anyone messing around with this computer...? because it's not very funny if you are! and please stop erasing my posts:mad: :mad:

campins

Does anyone know how to get rid of money you made buying shares, as I have made some and don't know how to get rid of it..?? I have heard that Investment fund managers do a fair turn at this sort of thing but thought i should check first....:rotfl: :rotfl: :rotfl: :rotfl: :rotfl: :rotfl: