How much have you made/lost in Investments since you started (Roughly)

bigadaj

Thrugelmir wrote: »

From the FT 14th February 2016.

"Some of the largest and well known US hedge funds have suffered further sharp losses from this year’s rout in equities and commodities, raising the prospect that investors pull more money from the industry."

I bet you'll be disappointed.

It's not too much of a worry so long as it's not your money.

masonic

Moneycoach wrote: »

Very clever, however I stand by my original post about you for which I was thanked by another forum member.

You and "Delete33" are entitled to your opinion.

We are still waiting for you to contribute something of value regarding the question posted by the OP...

I don't know who is the "we" that you speak for. I would suggest if there is something in particular you want me to contribute you just ask.

Moneycoach wrote: »

Good contribution, you are actually supporting what I have been saying and making me eat my words at the same time sir...


Much respect to you.

Well that's a little confusing.

talexuser

bowlhead99 wrote: »

you are talking about Neil Woodford as the celebrity star manager

Perpetual High Income is the only fund I have never switched out of since taking out a Pep in the early 90s. I halved it to invest in Woodford when he launched his own firm (waited till after launch it was 99p). I well remember HIs underperformance during the tech boom when analysts were saying he had lost his touch, but he survived the fallout much better than others. He has easily beaten a vanilla tracker, but not to the extent of 20% a year. He was the man who called the emperors clothes on British Biotech when it went from pennies to £12 with no real drugs to justify the ridiculous bubble price. High Incomes Barnett now has a reputation worth giving a chance.
A manager that beat Woodford in those days was William Littlewood when he ran Jupiter Income, I quadrupled my money in a decade I think. He went on sabbatical and came back to run Artemis Strategic Assets with a wide remit. I bought just on his previous reputation but gave up after a couple of years for better performers. He is ultra cautious about QE and thinks the house of cards will come tumbling down one day, but in the interim loses out in hedging and gold to those riding the trend. Another example might be Anthony Bolton's performance moving from Special Situations to China.
I'd like to see the manager who has managed 20% a year, every year, because I've missed him.

Thrugelmir

talexuser wrote: »

I bought just on his previous reputation but gave up after a couple of years for better performers.

Like many entrepreneurs. Reputation ( and wealth) is based on one initial idea or concept. Rarely is it repeated. The media coverage also puts everything under the microscope so not possible to go quietly about ones business unnoticed.

vsyrine

There is always a risk on investing the thing is you just need to manage it to avoid huge lost, if your planning to start investing you should know that it is for long term and always start small don't be to excited to put all your money once but put it little by little and learn from that process. Losing and gaining will always be your choice, you need to manage your self and emotion when it comes on investing.

racing_blue

Moneycoach wrote: »

I understand and don't mean to cause any offence, but you are quoting "average" private investors.
I am saying let's not be happy with being average, we should aim to be in the top 20% as per the 80:20 rule.

Certainly no offence taken. I enjoy debating this stuff.

It is often claimed that 80% of drivers feel they are better than average. And who knows, maybe 80% of investors think they are too.

I'm definitely not a better than average driver. I have had two bad crashes, a speeding ticket and parking fines. I often drive too fast and sometimes eat or read texts when I think no-one's looking.

Applying the same lenses of realism to investing leads me to conclusions based on my own experience- I gave you my 10 year data earlier- and the predictions of commentators like William Bernstein . He expects 10 year returns to look like this:

Asset Class; Expected Real Return
U.S. Large-Cap Stocks; 2%
U.S. Large-Value and Small-Cap Stocks; 3%
U.S. Small-Value Stocks; 4%
Developed Foreign Stocks; 5%
Emerging Markets Stocks; 4%
Treasury Bills, Notes, and Bonds; -1%

As my portfolio is a mixture of these and other asset classes, I will not be at all disappointed with a real return of 2-4%. In fact I'll be pleased.

Some funds will do better, but how do we know which ones? While we can certainly aspire to double digit returns, I personally do not expect them, and am OK with that.

Moneycoach wrote: »

I bet the wealthy fund managers and their clients in London are averaging more than 5% growth and would be disappointed with that growth.

like bigadaj says... maybe the clients would- but the fund managers get their % rain or shine!

Still, if we all had the same views there would be no market. Keep us posted with your investment decisions and choices so we can keep chewing the fat?

bigadaj

Moneycoach wrote: »

I understand and don't mean to cause any offence, but you are quoting "average" private investors.
I am saying let's not be happy with being average, we should aim to be in the top 20% as per the 80:20 rule.
I bet the wealthy fund managers and their clients in London are averaging more than 5% growth and would be disappointed with that growth.

Well one group certainly have yachts, I wonder which one?