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Santander shares

Hello everyone....:beer: Just over a year ago I decided to invest quite a few thousand pounds in a Santander balanced portfolio. The price of each share was about £2 - I got a bit scare a couple of months ago because after a year the value of the portfolio had gone down but was advised to stick with it by the Santander financial adviser and think long term. I didn't feel entirely convinced but but hoped for the best. However, today the share price has plunged to £1.28.....
did I do the wrong thing? Do you think I was badly advised...?

thanks for your replies

Lux44 :)

Comments

  • Linton
    Linton Posts: 18,545 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    Are you sure of your figures? According to here the fund is at 1.28 now but has only dropped by 3% in the past year. Its performance looks about what one would expect for a balanced fund under current circumstances.

    PS its a Fund, not a Share.
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