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ISA Trend investing-Help required
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Spike998
Posts: 1 Newbie
Hello-Can anyone advise on ISA Trend investing. How does it work. Any advice appreciated. Thanks.
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Comments
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I know your question was from long ago but as nobody answered, I wonder if you are still looking for info?
Suggestion: Buy this book: Liquid Millionaire from Amazon and/or check out ISACO DOT co DOT uk (As I'm a new member on this site, I can't yet post urls, sorry).
Best of luck0 -
I know your question was from long ago but as nobody answered, I wonder if you are still looking for info?
Suggestion: Buy this book: Liquid Millionaire from Amazon and/or check out ISACO DOT co DOT uk (As I'm a new member on this site, I can't yet post urls, sorry).
Best of luck0 -
This made me check whether they are now FSA authorised, which they said they would be by January. Sure enough they are... not.0
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ISACO Ltd is authorised and regulated by the Financial Services Authority.
FSA Register No. 525147 Hope that helps
Your friend
Paul0 -
Registered, but with what appear to be quite strict limitations on their permissions (including on giving investment advice): http://www.fsa.gov.uk/register/firmPermissions.do?sid=243783
The ISACO website states that members will be able to "follow the lead" of a "top investment manager", and that this means that they will "get the same returns" as that manager.
This is only true if by 'following' you mean 'doing exactly the same action at exactly the same time'. Otherwise, you naturally lag the trend and may well get a different return. I'd imagine the same is true of most (if not all) type of 'trend investing'. That's my interpretation of it, anyway.Anything I post here is purely my own personal opinion. As such it may be wrong, poorly worded or written very tongue-in-cheek. Please therefore treat it the same way you should treat anything you read on the internet from an unknown person - with a healthy pinch of salt and scepticism!0
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