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Abysmal Pension Fund Investment Return
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Waldorf_Statler wrote: »As others have pointed out, could be worse. The Emerging Markets fund within the scheme dropped almost 10% 12 months to April. That would smart a bit, aged 60, taking a fall like that.
Not sure what they currently trade it. However a few days back Tesco's were down 28% and Glaxo 15% on a year ago. Profit warnings are up. Banks are still making provisions for PPI mis-selling along with getting hit by regulators for other misdemeanors. The markets appear oblivious to wars in Iraq, Gaza and Ukraine let alone the Argentian debt default. Then there's the Fed ending QE in October.
Perhaps now is the time to be cautious. As the first rule of investing is not to lose money. As lost capital is hard to restore.0
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