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Greece Election - to invest or not!

Ash1982
Ash1982 Posts: 189 Forumite
edited 14 June 2012 at 6:57PM in Savings & investments
Just wondering what peoples thoughts are on whether I should invest more into my emerging markets fund before (i.e. tomorrow) or after the greek election (i.e. Monday).

so Friday or Monday....vote now!

Comments

  • jimjames
    jimjames Posts: 18,935 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Neither, I'd wait till the end of next week.

    After the Greek election it probably wont be clear for a few days whether they are leaving the Euro or not. As with Spain this week the initial market reaction may be positive but once they look at the detail the drops happen.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Ash1982
    Ash1982 Posts: 189 Forumite
    I was just thinking that the markets might dip tomorrow morning in anticipation of the election and to put more pressure on the eurozone to sort out the mess.

    The valuation point for my fund is 12 o'clock you see so the traditional late friday dip will not be incorporated in the unit price.
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