Greetings from Planet China

wombat42_2

http://investing.thisismoney.co.uk/cgi-bin/digitalcorporate/thisismoney/fundhome.cgi

ramborai1987

nice one mate. your investment worked well for you. keep at it and stay alert, hopefully you could be more quids in.

wombat42_2

ramborai1987 wrote: »

nice one mate. your investment worked well for you. keep at it and stay alert, hopefully you could be more quids in.

So far so good. But i am constantly keeping it under review. But frankly i wouldnt feel any safer investing it all in the UK, for example, at present.

Even the Chinese government are investing in their own stock market so I dont think they will engineer a crash any time soon.

wombat42_2

:j:j :j:j:j

ramborai1987

seems like no-ones commenting, probably because you were right and they were wrong lol.

dunstonh

Paper losses and paper gains.

Remember how tech stocks sky rocketed and people made money......

wombat42_2

dunstonh wrote: »

Paper losses and paper gains.

Remember how tech stocks sky rocketed and people made money......

The omens look quite good for the time being because a significant China middle class is emerging and something of a consumer boom is taking off in China so retail shares are likely to fly for the time being.

http://www.atimes.com/atimes/China_Business/II19Cb01.html

I only have to click a few buttons and I can switch from Planet China to Planet Rest of The World but Planet Rest of The World doesnt look too good right now.

dipsomaniac

wombat42 wrote: »

:j:j :j:j:j

did you get a trumpet for your birthday by any chance. i expect you sold northern rock share at £12.58 also.

firstly i am not an expert in china - just an observer. the phenominal increase in share prices appears to be currently fueled by demand and not by an increase in the underly profitability of the company - this is high risk and could result in a lot of people losing money if they get the timing wrong. if you invested in tech stocks at the height of the boom you will still be 65% down today - 7 1/2 years on and will need a further 280% return just to get your money back.

it is all about time in the market and not market timing as nobody can consistantly time the market.

what has been your returns on all your investments in the last 5 years?

purch

China has the MONEY


We have the DEBT

munk

wombat42 wrote: »

So far so good. But i am constantly keeping it under review. But frankly i wouldnt feel any safer investing it all in the UK, for example, at present.

Even the Chinese government are investing in their own stock market so I dont think they will engineer a crash any time soon.

Are you in Gartmore? Seem to remember you saying so. I just took a punt with the Gartmore fund today, was a toss up between that and the Neptune fund that the old Gartmore manager left to start. Like you I'll be watching the China situation like a hawk over the next few months/years - expect it to be able to drop at least 15% overnight, just hope my nose doesn't start bleeding if that happens

wombat42_2

munk wrote: »

Are you in Gartmore? Seem to remember you saying so. I just took a punt with the Gartmore fund today, was a toss up between that and the Neptune fund that the old Gartmore manager left to start. Like you I'll be watching the China situation like a hawk over the next few months/years - expect it to be able to drop at least 15% overnight, just hope my nose doesn't start bleeding if that happens

I am in Gartmore China and Threadneedle China. The original Gartmore China chap left to start Jupiter China, I am satisfied that at present Gartmore China and Threadneedle China are the best options.

Dont forget that you are mainly investing in the Hong Kong market not China direct, HK is less volatile than China. A big rise today (about 5%) mainly because of the US interest markets.