We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Woodford to leave Invesco
Comments
-
grizzly1911 wrote: »I tend to agree that it should be a mathematical process. There is no accounting for sentiment, Deep Water Horizon events, Libor/market manipulation or alleged bribery though.
i don't see why there can't be mathematical models of all the above.0 -
grey_gym_sock wrote: »i don't see why there can't be mathematical models of all the above.
No reason at all but then you have to decide on probability and likely overall risk to allow you to make a decision.
As the probability scores for major catastrophes would usually be low the mitigation would tend to be low. The cost of insuring for every eventuality would not make the choices attractive.
Stuff happens."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
There can be models of investing. But their day to day practical usefulness and the relationship they bear to reality must be somewhat open to question. If there was a good mathematical model of investing then the market would ensure that any future prediction is invalidated, or perhaps self-fulfilled. A believable prediction of a crash in 6 months time would cause a crash now as investors rushed to offload their shares. A guaranteed method of surviving some future likely crash would price itself such that its benefit is marginal. Look at what has happened to bond prices.0
-
Is there a cheap tracker that tracks the prices of gas and electricity to consumers?
Just think you would be almost guaranteed a capital growth of nearly 10% each year the way electricity and gas prices are going.0 -
A_Flock_Of_Sheep wrote: »Is there a cheap tracker that tracks the prices of gas and electricity to consumers?
Just think you would be almost guaranteed a capital growth of nearly 10% each year the way electricity and gas prices are going.
Similar to this, The US Dollar is pretty low at the moment, it will have to strengthen at some point.I dont know if there is an ETF that holds USD or if its worth just physically getting some.0 -
A_Flock_Of_Sheep wrote: »Is there a cheap tracker that tracks the prices of gas and electricity to consumers?
Just think you would be almost guaranteed a capital growth of nearly 10% each year the way electricity and gas prices are going.
Why would the capital increase by 10%?
If we believe the energy companies they only make 4/5% at most which gets returned to the investors.
They only take a cut over an increasing wholesale, distribution and green cost many of which are outside their control apparently. [STRIKE]Who knows they may even invest some as well.[/STRIKE]"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
PLI now appears to be on a similar discount to EDIN. Perhaps because Barnett might lose control of it when he takes over Woodford's funds?
Anyone fancying a punt?0 -
PLI now appears to be on a similar discount to EDIN. Perhaps because Barnett might lose control of it when he takes over Woodford's funds?
Anyone fancying a punt?
No takers? Discounts on both EDIN and PLI widening a bit again. I'm very tempted with PLI but think I'm being seduced by the fact that all other UK income and growth ITs are on premiums.0 -
No takers? Discounts on both EDIN and PLI widening a bit again. I'm very tempted with PLI but think I'm being seduced by the fact that all other UK income and growth ITs are on premiums.
You have !!!!ssssssyyy poor savings interest rates to thank for that. People abandoning savings accounts for the stock market.0 -
A_Flock_Of_Sheep wrote: »You have !!!!ssssssyyy poor savings interest rates to thank for that. People abandoning savings accounts for the stock market.
I keep reading about investors looking for a better return due to poor savings rates...they seem to suggest people are shifting their cash to equity income..
The money invested in fund ISA's has halved in the last year which doesn't seem to give the impression people are shifting from the bank and building society.
I would guess those familiar with the markets are investing but many others are hanging onto their old ways..
http://www.telegraph.co.uk/finance/personalfinance/investing/10035881/Investment-in-Isa-funds-drops-by-50pc.html
a few views on Woodford..
http://www.telegraph.co.uk/finance/personalfinance/investing/10381412/Selling-Neil-Woodford-Five-funds-to-consider.html
http://www.thisismoney.co.uk/money/investing/article-2461424/Five-best-income-funds-investment-trusts-life-Woodford.html0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.6K Mortgages, Homes & Bills
- 177.4K Life & Family
- 258.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards