Hargreaves Lansdown - tomorrow's winners

sabretoothtigger

utigers wrote: »

Its the reason I posted it here..........I still hold it

How much did it go down. I held it at one point also but passed the money along to another fund as it was proving less useful then cash to me

Just being in cash this year would have made me richer by year end then I have done, thats really not right

Best neutral/defensive fund has been investec local currency bonds, still crap performance but its probably level with cash I think and I believe it can perform well when dollars dont

Without a nasty news spike Im looking for dollar to track down in line with its previous losses. So many things could recover still

Artemis held Lloyds shares and probably didnt sell gold at the peak, doesnt mean he was wrong just not particularly defensive I guess. I actually still like his ideas, too much as that means its a bit of a duplicate for me so even less useful

jamesd

Neptune Russia and Greater Russia with elections in 2012 and some civil unrest already after the recent ones. Lets say that's not one where I'm currently looking to increase exposure. Russia is cheap for a reason. Several of them.

It's also worth comparing to Aberdeen Emerging Markets. And doing the same for every specialist fund you're considering. It often beats the competition.

sabretoothtigger

I have a Aberdeen fund except I notice it also holds some other relevant funds within in it so I wonder if they are charging me twice for each fund or once because they are both run by Aberdeen

Glen_Clark

I got my first PEP through Hargreaves Lansdown because they charged a very low commission. It soon became apparent that was a loss leader to get me on their suckers list. They were soon sending me sycophantic drivel, telling me I was a priveleged investor. They were giving me first chance to buy all the new shares they had been paid to underwrite and were trying to offload.
Technically it would have been possible to make money on some, with the benefit of hindsight to sell them at the right time.
Mc Bride is a typical example. Hargreaves Lansdown were trying to offload it to me at £2 per share when they underwrote it in 1995. For most of the time since it has been well below that. 6 years after they were plugging it at £2 you could have bought it for 30p. Its currently £1.14. But there was a window of opportunity in 2007 and 2009/10 when it traded above the launch price of £2. http://www.google.co.uk/finance?q=McBride

As Eric Morecambe said 'All of life is based on timing'

middlepuss

As they used to say: "Where there's a tip there's a tap". Nothing changes.

I like H-L as they offer low charges and good service for the type of pension savings I am making. But I take recommendation in their, or anybody's, in-house mag with a very large dose of salt.

Glen_Clark

At least no one should doubt Hargreaves and Lansdowne's ability to make money for themselves. They started their business in a spare bedroom about 40 years ago and now its a FTSE 100 company.
They followed the number 1 rule in investing.
Invest other people's money
then you can't lose your own

doberryfirkin

HL like to boast on their website...

We aim to provide the best information, best service & best prices.

Sure, it didn't stop them adding a charge, stealthily, to their tracker funds the basis of which a I cannot fathom other than to fill their pockets.

Their junk mail goes on the fire.. nothing else better for it.