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long term investment

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Comments

  • robmatic
    robmatic Posts: 1,217 Forumite
    gadgetmind wrote: »
    Because they suffer from being in volatile territories, having questionable corporate governance, and not having a great reputation of returning the spoils of their labour to their shareholders.

    I ditched Gold and General last spring, and bunged the cash into Troy Trojan, and am mighty glad that I did!

    Ah, that might explain it. I think HL's pushing of it may have had a subliminal effect on me.

    I have already partially switched out into Scottish Life Equity Income (pension) and Troy Trojan Income and Aberdeen Asia Pacific (ISA).
  • robmatic
    robmatic Posts: 1,217 Forumite
    lvader wrote: »
    It goes in cycles, if you look at gold miner funds you will see they have done very well in the past, better than physical gold in fact. Eventually they are seen as overbought and investors switch to gold. Gold miners are relatively cheap again now and there has been some talk of investors switching again but it doesn't look like it is happening to any great extent yet.

    I also noticed that the BR fund certainly isn't as well-correlated with my other equity funds as I was expecting (short timescale though).
  • gadgetmind
    gadgetmind Posts: 11,130 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    robmatic wrote: »
    I also noticed that the BR fund certainly isn't as well-correlated with my other equity funds as I was expecting (short timescale though).

    I finally decided the BR G&G was a "shiny thing" designed to catch weak-willed people like me rather than a sensible component of a balanced portfolio.
    I am not a financial adviser and neither do I play one on television. I might occasionally give bad advice but at least it's free.

    Like all religions, the Faith of the Invisible Pink Unicorns is based upon both logic and faith. We have faith that they are pink; we logically know that they are invisible because we can't see them.
  • MrInvestor wrote: »
    I would also seriously consider looking into investing a portion of your capital into emerging markets. You would have to research them yourself and make your own decision on that.

    Hi Mr Investor

    I'm just ploughing through this thread....but wonder if you can suggest ways for new investors (or would be investors) to research the markets without getting lost/over saturated with information. Are there some basic ways of avoiding getting bogged down whilst still reading, educating and informing ourselves?

    thanks for any response you have :)
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