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Fund of Funds II

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Comments

  • darkpool
    darkpool Posts: 1,671 Forumite
    dunstonh wrote: »
    That is the balanced answer and the correct one. However, we know that any attempt to give a balanced answer will see you viewed as being biased.

    people pay you for that type of advice?

    "You should be asking......... Is there ever a situation where a FoF investment can be considered a reasonable option.

    My reply would be yes. There are likely to be situations where a FoF investment could be considered reasonable."

    you could give that advice for any investment at all. it's so general as to be worthless.
  • darkpool
    darkpool Posts: 1,671 Forumite
    cloud_dog wrote: »
    I think you'll find I answered it. Its just that you didn't like the answer.

    Try to stick with the facts in our reasoned debate.

    i don't think you answered it. making some vague comment doesn't really answer my question.

    if someone thinks fund managers make better decisions deciding which shares to buy surely it has to make sense to use a fund manager to choose which UTs to invest in......

    you either believe in the value of fund managers or you don't. it seems the pro management posters believe in fund management to a certain level only...... it's just not logical.

    10 out of 10 for responding though.
  • cloud_dog
    cloud_dog Posts: 6,340 Forumite
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    edited 10 February 2012 at 5:26PM
    darkpool wrote: »
    i don't think you answered it. making some vague comment doesn't really answer my question.

    if someone thinks fund managers make better decisions deciding which shares to buy surely it has to make sense to use a fund manager to choose which UTs to invest in......

    you either believe in the value of fund managers or you don't. it seems the pro management posters believe in fund management to a certain level only...... it's just not logical.

    10 out of 10 for responding though.
    I'd respond to your points individually but I know they will just be ignored / side-stepped.

    So if an ETF / equity had a bid / offer spread of 10% you would still invest in it? You either believe in direct investing or you dont?

    Come on you can't go all grey and woolly on me.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • dunstonh
    dunstonh Posts: 119,964 Forumite
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    I'd respond to your points individually but I know they will just be ignored / side-stepped.

    A certain wise person posted the other day that we shouldnt respond as we know what is going to happen. ;)
    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.
  • cloud_dog
    cloud_dog Posts: 6,340 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    I know.......... But I'm a bit bored atm so thought it would be fun :D
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • darkpool
    darkpool Posts: 1,671 Forumite
    in a normal active/ managed discussion the "active" side of the argument are falling over themselves to explain their methods of selecting unit trusts. It's a pity they don't want to debate on this thread :(

    it's as if in their heart of hearts they know actively managed funds are not worth the fees......
  • jem16
    jem16 Posts: 19,690 Forumite
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    darkpool wrote: »
    It's a pity they don't want to debate on this thread :(

    Your reputation precedes you.

    Banging your head off a brick wall can be harmful to your health.
  • cloud_dog
    cloud_dog Posts: 6,340 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    edited 11 February 2012 at 12:23PM
    darkpool wrote: »
    in a normal active/ managed discussion the "active" side of the argument are falling over themselves to explain their methods of selecting unit trusts. It's a pity they don't want to debate on this thread :(

    it's as if in their heart of hearts they know actively managed funds are not worth the fees......
    Because you are being a numpty and straight-jacketing the so called 'debate' and constraining the focus on an individual method of investing which even fans of UTs/OIECs wouldn't recommend because their dual charging structure is less cost efficient.

    However, that doesn't alter the fact that there will be situations when investing via FoF is reasonable, acceptable, and advisable.

    Now if you would please just answer my very simple question I would be very grateful........
    cloud_dog wrote:
    So if an ETF / equity had a bid / offer spread of 10% you would still invest in it? You either believe in direct investing or you dont?

    Come on you can't go all grey and woolly on me.
    Personal Responsibility - Sad but True :D

    Sometimes.... I am like a dog with a bone
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    darkpool wrote: »
    in a normal active/ managed discussion the "active" side of the argument are falling over themselves to explain their methods of selecting unit trusts. It's a pity they don't want to debate on this thread :(

    it's as if in their heart of hearts they know actively managed funds are not worth the fees......
    I've seen almost the exact same thing said about atheists. By radical fundamentalist theist zealots. I've never heard it said by anyone looking to engage in reasoned debate.

    Congratulations on letting your true colours show yet again. Maybe sooner or later you'll work out why we don't bother rising to you as much any more.
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • talexuser
    talexuser Posts: 3,537 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    darkpool wrote: »
    a pity they don't want to debate ......

    When one party ignores others' valid points of view and just keeps repeating the same mantra over and over again that is not a debate.
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