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risk level changed

Hi

My risk level was changed from medium to cautious medium on my ISA investor last October, without me knowing.

I am now uping my regular payment into this and want to change some to medium and some to medium-adventurous

do you think i lost out a lot with the cautious medium or was it a good thing with the market?

Comments

  • JDinho
    JDinho Posts: 111 Forumite
    Hi

    My risk level was changed from medium to cautious medium on my ISA investor last October, without me knowing.

    I am now uping my regular payment into this and want to change some to medium and some to medium-adventurous

    do you think i lost out a lot with the cautious medium or was it a good thing with the market?

    Did the investments change when your risk profile changed? If not - then no.
    Anything posted is not given as advice but to help with a discussion.
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    Yes - the portfolio percentages changed as per the risk level

    I was still paying in £275 a month (worth £9k)

    Now upping to the £333
  • JDinho
    JDinho Posts: 111 Forumite
    It is hard to quantify this without knowing the percentages prior to and after the switch.

    Obviously the basic rule of the thumb is more risk-more return so a simple answer would be yes, however the degree to which cannot be determined though.
    Anything posted is not given as advice but to help with a discussion.
  • regularsaver1
    regularsaver1 Posts: 4,930 Forumite
    Thank you

    I'll find out
This discussion has been closed.
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