whats the ideal growth investment trust

Aegis

DiggerUK wrote: »

Akbar,
The only show in town at the moment is gold.
Buy physical, go gold ETF's, or gold miners in an S&S ISA, but go gold.

Yet another awful bit of "advice"...

Akbar: please do not listen to this guy. He has picked his one investment to love, and recommends it to almost everyone regardless of how unsuitable it is. Gold as a commodity produces no income and fluctuates according to how much people actually want it at any one time, making it effectively a gamble on market forces and nothing more. A half decent portfolio diversifies across a number of asset classes, sectors and geographies to ensure that you are not relying on picking the next big thing.

The safest thing to do is to ignore pretty much everything you read on here regarding specific recommendations, and instead researching the principles of diversification for maximising returns for a given level of volatility.

DiggerUK

Aegis wrote: »

Allianz RCM BRIC Stars Split: 13.5% Growth: 50.14% Invesco Perpetual High Income Split: 16.5% Growth: 23.59% JPM Natural Resources Split: 13.5% Growth: 63.71% M&G Global Basics Split: 13.5% Growth: 44.97% Neptune Global Equity Split: 33.5% Growth: 35.04% Schroder Global Property Securities Split: 10.0% Growth: 42.61%
Work it out (or stick it into a portfolio manager) and you'll see that the growth from 7/7/09 until today is 41.1%.

Akbar,
The above nonsense is on the record, and beyond editing.
Gold will give you the best capital growth in history.
My credibility is on the record.
Go gold Akbar, go gold.

jem16

DiggerUK wrote: »

Akbar,
The above nonsense is on the record, and beyond editing.

Could you please explain why you regard it as nonsense?

Aegis

jem16 wrote: »

Could you please explain why you regard it as nonsense?

Isn't that obvious? It's Digger's opinion and I've not invested in any gold at all. It must be nonsense because he's convinced that gold is the best thing ever, and my diversified high risk portfolio smashed gold returns even though gold has had a good run over the last year or so.

DiggerUK

jem16 wrote: »

Could you please explain why you regard it as nonsense?

Aegis quote:
"This is basically me deliberately picking a very high risk strategy for a small part of my pension portfolio, specifically my National Insurance rebate for my contracted out status. On its own, this would be unsuitable for me as a high risk investor, let alone anyone with a lower risk profile than me."

So what is the rest of Aegis portfolio? This amounts to about what, 5%?
What I recommend is on the record, non of the usual suspects ever details were they put their investments, except in the past tense.
Which is very convenient for those who like making up success stories after the event.

Akbar, you asked for capital growth, gold is the capital growth of the coming period. And I am on the record as saying so.

Aegis

DiggerUK wrote: »

Aegis quote:
"This is basically me deliberately picking a very high risk strategy for a small part of my pension portfolio, specifically my National Insurance rebate for my contracted out status. On its own, this would be unsuitable for me as a high risk investor, let alone anyone with a lower risk profile than me."

So what is the rest of Aegis portfolio? This amounts to about what, 5%?
What I recommend is on the record, non of the usual suspects ever details were they put their investments, except in the past tense.
Which is very convenient for those who like making up success stories after the event.

So I answer your question and you call me a liar?

Very trollish behaviour. But then that's nothing new either, is it?

DiggerUK

Aegis wrote: »

So I answer your question and you call me a liar? Very trollish behaviour. But then that's nothing new either, is it?

I do not call you a liar, I challenge you to put on the record what your investments are.
It's known in the trade as declaring your interests, aka, being up front.

That way Akbar can make an informed choice as to were they think the best capital growth can be achieved for their savings, and who's advice they prefer.

jem16

Aegis wrote: »

Isn't that obvious? It's Digger's opinion and I've not invested in any gold at all.

Yes it is obvious. I had hoped for a more reasoned reply to my question but I should have known better.

DiggerUK wrote: »

So what is the rest of Aegis portfolio? This amounts to about what, 5%?

You just don't get it do you? It doesn't matter a jot what the rest of Aegis' portfolio is.

What he's done here is compare your high risk, eggs all in one basket method of investing in Gold. If it goes up then great - if it goes down it all goes.

He has shown us a small, whilst still diversified, part of his portfolio for his NI rebate contributions. It contains 6 funds, mostly high risk, but still giving a bit of downside protection, partly with a lower risk fund and partly because it does have 6 funds as opposed to one.

This method has still beaten your much trumpeted Gold method and you dismiss it off-hand.

Is it foolishness or ignorance? You choose.

That way Akbar can make an informed choice as to were they think the best capital growth can be achieved for their savings, and who's advice they prefer.

I know where my choice would be going based on the above.

cloud_dog

Guy's, please bear in mind that Akbar appears to be 'chasing the dream' or should that be the greed of high returns withnout fully understanding risk.

Akbar wrote: »

hi
i need help in finding a decent investment trust, i want to go with a growth option not income
i willing to start with a £10000 lumpsum,
and pay a monthly £50?
and pay a additional £1000 annaully
i hoping to go into saving in it for around 10 years, but what i want to know is how much would i likely get after ten years, or is a investment trust worth it, my neighbour recommends me to go with blackrock, i could get over £75k?, so he thinks, but i want a realistic projection?

Akbar, I think your neighbour is talking about Blackrock Gold & General Fund, which invests in gold and precious metal mining companies around the world. This fund (together with a lot of resource/PM equities and funds) has done very well over the recent past. BUT, there are no guarantee's and resource based investments are extremely volatile.

I think the fund is a good, well run fund (although it has recently had a slight management change so needs to be monitored), and is one you could include in a portfolio of investments.

Please do not place such a lump sum and ongoing monies in to a single very focussed volatile fund. If I had £10k I would look to split it between 5 and 10 funds; I'd be tempted to go with 5 make an initial £1k investment in each and then add the other £1k per fund if the markets go lower in the near future. You could then use your additional funds to top up these funds or invest in new ones.

Over and above this no one can really comment on your post as we know nothing about you (age, income, savings, pension, housing situation, etc, etc).

Digger, i enjoy your humourous posts but you are starting to sound a bit like Asheron - You're not are you

Academic

DiggerUK wrote: »

There are some people on this planet who are completely bonkers, and best ignored.

Pure gold............;)