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Advice on stocks & shares ISAs?

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Comments

  • whiteflag_3
    whiteflag_3 Posts: 1,395 Forumite
    lipidicman wrote:
    Did the OP not mean at the risk of him getting boring, not you, Deemy? Or was there some other insult?

    Hit the nail on the head. :beer:
    I did mean me getting boring and equally I cant remember insulting Deemy in the past.
  • Deemy
    Deemy Posts: 3,683 Forumite
    lipidicman wrote:
    Did the OP not mean at the risk of him getting boring, not you, Deemy? Or was there some other insult?

    No, its just that whiteflag is an IFA and therefore there is far, far more money in him hyping unit trusts than investment trusts, hence the anti investment trust stance rather than based on whats best for the investor ! And it is in that respect I saw where he was trying to lead the argument and nipped it in the bud... hopefully ;)
  • lipidicman
    lipidicman Posts: 2,598 Forumite
    ....The plot thickens.....
  • whiteflag_3
    whiteflag_3 Posts: 1,395 Forumite
    Deemy wrote:
    No, its just that whiteflag is an IFA and therefore there is far, far more money in him hyping unit trusts than investment trusts, hence the anti investment trust stance rather than based on whats best for the investor ! And it is in that respect I saw where he was trying to lead the argument and nipped it in the bud... hopefully ;)
    :confused:
  • dunstonh
    dunstonh Posts: 120,321 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    No, its just that whiteflag is an IFA and therefore there is far, far more money in him hyping unit trusts than investment trusts

    And how much money does whiteflag get for contributing on these forums?
    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.
  • whiteflag_3
    whiteflag_3 Posts: 1,395 Forumite
    For Deemys reply read

    No, its just that whiteflag is an IFA and therefore there is far, far more concerned that posters get a balanced view on financial products, and is not biased one way or another in favour of hyping unit trusts than investment trusts. Being an IFA he has no anti investment trust stance and his concern is based on whats best for the investor !

    And it is in that respect I had no idea where he was trying to lead the argument so thought I would invent insults and tell him to B*gg*r off.

    Bitty ;)
  • OK lets get back on topic

    What Invesment trusts would be good to consider for a medium to long term Investment, I already have a holding in Foreign and Colonial. I am now looking for another few trusts for some exposure to markets outwith the uk that can be held for over 5 years to compensate for market fluctuations. That may give a good return
  • Deemy
    Deemy Posts: 3,683 Forumite
    rangers_fc wrote:
    OK lets get back on topic

    What Invesment trusts would be good to consider for a medium to long term Investment, I already have a holding in Foreign and Colonial. I am now looking for another few trusts for some exposure to markets outwith the uk that can be held for over 5 years to compensate for market fluctuations. That may give a good return

    Good ones for the long-term, I'd say country specific such as Austrailia, Russia, India and Canada

    JP Morgan run a couple i.e. russian and India, and there are a few aussie and canadian trusts

    dunstonh wrote:
    And how much money does whiteflag get for contributing on these forums?

    Well that implies that theres an intrinisc value therein ..... :D

    But thats for another topic ;) So boys and gals, lets stick to the topic ;)

    :beer:

    You want to know my fav investment trusts ?

    Probably get deleted...again... :rolleyes: but what the hell !

    BTEM
    JII
    BEE
    MLW
    JFR
    SKV
    BGS

    Got my eyes on -

    HAN
    ADD
    CANADIAN GENERAL


    Enjoy :beer:
  • Some good rises there Deemy its easy to see gains in a rising market but harder to find good buys. Will the current market rises continue, I would be tempted to buy now, however which way are the markets likely to go? say I buy today and the market loses 10% ITs will drop in value making a good buying opportunity, however say I hold of and the markets continue to rise the Trusts are going to cost more to buy. Its a dillema that often drives me bananas or makes me sit on the fence and do nothing
  • whiteflag_3
    whiteflag_3 Posts: 1,395 Forumite
    rangers_fc wrote:
    Some good rises there Deemy its easy to see gains in a rising market but harder to find good buys. Will the current market rises continue, I would be tempted to buy now, however which way are the markets likely to go? say I buy today and the market loses 10% ITs will drop in value making a good buying opportunity, however say I hold of and the markets continue to rise the Trusts are going to cost more to buy. Its a dillema that often drives me bananas or makes me sit on the fence and do nothing

    You could always phase your investment over a few months to reduce risk .

    Deemy has listed some great ITs. Do you think the additional risk of gearing in an investment trust is worth paying as opposed to investing into say a similar OEIC or unit trust?

    Going off topic sad or happy about big Eck?
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