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China Still Surging !!!!

http://www.iht.com/articles/2007/10/14/bloomberg/bxstocks.php

I had just switched out of China to Global funds but China is still surging !. Threadneedle China has been constently going up by 25% per month !
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Comments

  • Ian_W
    Ian_W Posts: 3,778 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    You're not the only one to have noticed wombat, see this CITY WIRE article.
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    Ian_W wrote: »
    You're not the only one to have noticed wombat, see this CITY WIRE article.

    Do you have any dosh in China funds ? I am thinking of maybe moving 50% back into China.
  • Jonbvn
    Jonbvn Posts: 5,562 Forumite
    Part of the Furniture 1,000 Posts
    I think we will hear that bubble burst in the UK!
    In case you hadn't already worked it out - the entire global financial system is predicated on the assumption that you're an idiot:cool:
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    Jonbvn wrote: »
    I think we will hear that bubble burst in the UK!

    I'm sure you would have quite fancied 25% growth per month over the last few months though.
  • debbie42
    debbie42 Posts: 2,586 Forumite
    If I could make all my investments with the benefits of hindsight then I'd be a happy bunny. :rolleyes:
    Debbie
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    debbie42 wrote: »
    If I could make all my investments with the benefits of hindsight then I'd be a happy bunny. :rolleyes:

    I dont think the dice generally work out well for me. I somehow much more often, with hindsight, make the wrong investment move. The China funds might well be up by 200% in the next 12 months or maybe they will crash, who knows.

    Just because the China market dipped in two successive days I bottled out.
  • Aegis
    Aegis Posts: 5,695 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    wombat42 wrote: »
    I dont think the dice generally work out well for me. I somehow much more often, with hindsight, make the wrong investment move. The China funds might well be up by 200% in the next 12 months or maybe they will crash, who knows.

    Just because the China market dipped in two successive days I bottled out.
    As I mentioned on a couple of occasions, you were investing outside your risk profile. That's why you abandoned your massive pro-China stance with a couple of minor downturns.

    Yes, it's likely to crash at some point, but in the long run it's probably still going to do ok (though almost certainly not as ok as recently!)
    I am a Chartered Financial Planner
    Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.
  • wombat42_2
    wombat42_2 Posts: 1,312 Forumite
    Aegis wrote: »
    As I mentioned on a couple of occasions, you were investing outside your risk profile. That's why you abandoned your massive pro-China stance with a couple of minor downturns.

    Yes, it's likely to crash at some point, but in the long run it's probably still going to do ok (though almost certainly not as ok as recently!)

    Would you put any dosh into China ?
  • YorkshireBoy
    YorkshireBoy Posts: 31,541 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    wombat42 wrote: »
    Just because the China market dipped in two successive days I bottled out.
    I've been following your posts on China and must admit your move surprised me.

    After all, as I recall, Gartmore climbed 27p one day, then fell 37p (18p + 19p) over the next two days...hardly the end of the world!

    I agree with Aegis in that you were investing above your risk profile.

    Personally, I'm only in Gartmore with £1K (12.5% of my ISA portfolio), and have seen a 67% increase since May*. :)


    * Tarnished somewhat with a 20%+ loss over 10 months on Aberdeen Prop Share...but you live and learn! :o
  • Ian_W
    Ian_W Posts: 3,778 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    wombat42 wrote: »
    Do you have any dosh in China funds ? I am thinking of maybe moving 50% back into China.
    Nope - WAY above my risk tolerance threshold I'm afraid. Get sweaty palms and need a lie down at the thought of a few hundred in Global Basics. :rotfl:
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