My portfolio - up 9%

wombat42_2

Browntrout wrote: »

You are a bull in china shop!

:T


ps my Melchior Asian Ops is up 19% since Aug 20th

Melchior Asian Opps has the unusual angle of mainly investing in China stocks via Taiwan rather than Hong Kong. I may possibly diversify to Melchior Asian Opps.

purch

ps my Melchior Asian Ops is up 19% since Aug 20th

....yes but many of the 'experts' on here wouldn't touch it with a bargepole due to their 2.8(ish) :eek: TER

wombat42_2

Browntrout wrote: »

ps my Melchior Asian Ops is up 19% since Aug 20th

Is that all !!! It is hardly worth getting out of bed for. Threadneedle China and Gartmore China Opps are up over 30% since Aug 20th.:cool:

dunstonh

purch wrote: »

....yes but many of the 'experts' on here wouldn't touch it with a bargepole due to their 2.8(ish) :eek: TER

Some people are too focused on investing to save money and not investing to make money.

Charges are about value for money. Is it better to get 19% after 2.8% in charges or better to get 4% after 0.5% in charges? There are some (including some here) that go for the latter.

Is that all !!! It is hardly worth getting out of bed for. Threadneedle China and Gartmore China Opps are up over 30% since Aug 20th.:cool:

This needs a risk warning attached to it for the benefit of the inexperienced investors who think this is a licence to print money and may follow without understanding the risk.

China (and emerging markets) are high risk. China has suffered 70% drops in a year before and it is a roller coaster ride where you get stunning growth one minute and big declines the next.

Back in the late 90s, people were following tech stocks to the same extent and we know what happened to them.

That said, I am quite happy at the recent gains. They have single handedly paid for my new car so I cannot complain one bit.

wombat42_2

dunstonh wrote: »

China (and emerging markets) are high risk. China has suffered 70% drops in a year before and it is a roller coaster ride where you get stunning growth one minute and big declines the next.

Back in the late 90s, people were following tech stocks to the same extent and we know what happened to them.

That said, I am quite happy at the recent gains. They have single handedly paid for my new car so I cannot complain one bit.

I think you are overplaying the risk. Hong Kong is a long established mature market. It is NOT the same as China which is an emerging market. Most UK "China" investments are actually Hong Kong investments.

Incidentally I personally got badly zapped in the dotcom crash but most of it was because I had a hefty investment in Invesco European Growth and unknown to me it was mainly invested in tech stocks inspite of the fact that Invesco European Growth had a top industry rating. :mad: :mad: :mad:

YorkshireBoy

wombat42 wrote: »

I think you are overplaying the risk.

dh is an IFA...it's his job to highlight the risks. What do you do for a living?

Incidentally I personally got badly zapped in the dotcom crash but most of it was because I had a hefty investment in Invesco European Growth and unknown to me it was mainly invested in tech stocks inspite of the fact that Invesco European Growth had a top industry rating.

You invested money without researching, or getting advice first? :eek:

wombat42_2

YorkshireBoy wrote: »

dh is an IFA...it's his job to highlight the risks. What do you do for a living?You invested money without researching, or getting advice first? :eek:

Well after several bad experiences with IFAs I gave them a wide berth and back in 1998 I had virtually zero internet experience and internet facilities were limited anyway so apart from going by the fact that Invesco European Growth had top industry ratings (which you should be able to trust) i had no way of getting independant unbiased info on Invesco European Growth

m_c_s

Interesting posts here. Was just wondering what people thought about the relative risks in the following areas (and potential) and whether the opening of the Hong Kong market to Chinese investors will really make a big difference:

China
Hong Kong (I know HK is part of China but as a separate market)
India
Asia Pacific as a whole
Japan

Browntrout_2

purch wrote: »

....yes but many of the 'experts' on here wouldn't touch it with a bargepole due to their 2.8(ish) TER

Yes just to try that out I recently bought two funds in the same sector, one low cost tracker and one actively managed.

AXA Framlington Gbl Technology Acc Jun 07 +6.00 (TER 3.3%)
Close FTSE techMARK Jun 07 -3.39 (TER 1.55%)

Note - this is a very short term comparison and no investment advice is intended. The Close TechMark tracker product tops the tech & telecomm performance table over three and five years, but then I don't think the TechMark is tech and telecomm.

wombat42_2

m_c_s wrote: »

Interesting posts here. Was just wondering what people thought about the relative risks in the following areas (and potential) and whether the opening of the Hong Kong market to Chinese investors will really make a big difference:

China
Hong Kong (I know HK is part of China but as a separate market)
India
Asia Pacific as a whole
Japan

Yes the opening up of HK will probably be a significant boost. Also HK is definately lower risk than mainland China.

Experts say that there is a 10% chance of a UK 90s style housing crash yet people still invest in UK housing.