Funds...why bother

rl290

Dooooooooooooooonut wrote: »

You are completely overestimati the skill of these alleged experts (in retail?!). In fact your humility leads me to suspect you would be better than the great majority of them.

Far better.

Thanks for your vote of confidence. I would agree that a vast majority of fund managers are rather poor - failing to beat their target index AND charging you for this under-performance. However, I review funds that I invest in very thoroughly, before and after I buy, and as a result have ended up with some real superstars that have performed admirably. There ARE a handful of funds out there that outperform year after year, and my job as an investor is to find them!

R

campins

How about some compensation lati boys :beer:

The_MoneySavingKid

campins wrote: »

Well the point of the fund was to pay off my mortgage after 25 years. There were simply financial goals set out and no mention of where the money was invested. so moving to another fund wasn,t an obvious option, still, latiboys should have spotted the shortfall And offered alternative options to correct the shortfall. Remember I am to all intent and purposes a man in the street and not a financial expert so the expectation that I will interviene and take corrective measures is a bad joke at best.

So still another 15 years to go...?

campins

There is that very same fact you kindly mention The MoneySavingKid. The fact that I had to start with less cash than I should have had is but a sad statement about this dreadful world that finance has been allowed to become. Mr Clark was on T.V. saying the financial sector is going to be alot smaller when we get out of this reccession. I hope it's because a few latiboys have been made to put their gin's down, taken outside and badly spanked in the pants :mad: :mad:

campins

They don't give up these people you know..."If you don't stop putting money into my sharedealing account, I am going to report you to N o r t o n antivirus!" :mad: