Halifax Corporate Bonds

Lokolo

opinions4u wrote: »

If only my loss was so little !!

Thats because you suck at investing. My pr0-ness has got me a nice £300 profit in a year of fundness on £1600 invested :money::money::money:

(Luck doesn't exist..... )

Hehe.

opinions4u

Lokolo wrote: »

Thats because you suck at investing. My pr0-ness has got me a nice £300 profit in a year of fundness on £1600 invested :money::money::money:

(Luck doesn't exist..... )

Hehe.

It's because while I was smart at building up some cracking gains from a range of excellent employee share schemes (and I did bank more than I eventually lost) I didn't diversify my portfolio anywhere near enough.

Had I done what I know I should have done I'd probably be around £30k better off than I am today (£40k paper loss that would have been much smaller had I diversified to other shares).

Lesson learned the very hard way.

I knew what I should do before the crash hit and, due to a mix of greed, faith in Hornby and laziness, didn't do it.

turbobob

At least you're philosophical about it, it could have been worse. Around the time everything was kicking off last September, I remember someone being interviewed on BBC news who had his life savings (around £400k if I recall correctly) invested in HBOS shares :eek:
Regarding the corporate bond fund, as others have said I'm not sure how a 75% capital loss would be incurred on this. You almost certainly don't have the full picture. As per below (which assumes income is paid out and not reinvested) that level of loss can't be explained by price movement of the fund alone...