Aberdeen Property Share Fund

egamar

Yant1 wrote: »

Im going to bring this post up in 3 years and tell you how much money i have made by investing not in property!

The OP was asking what he should do with an existing investment, he was not talking about a new investment. The same advice is not necessarily valid in both cases.

[Deleted User]

You call yourself risk averse egamar? I hope its only a small stake you have.

egamar

Yant1 wrote: »

Obviously I should have bought 10K of NRK at £10 then 10K at £8 then 10K at £6 then 10K at £4 then 10K at £3 then 10K at £2 then 10k at £1.50

I have no idea what an NRK is, nor a desire to know, but if I'd had that much money (£315,000) I'd not have taken a punt on a single vehicle, I'd have had an IFA and taken their advice!

purch

It has further to fall yet, I think.

Even more reason to sell and do something else with your money........IMO

But then again I can't sit still for a moment :j :j

[Deleted User]

I dont have a IFA I make my own decisions.

A NRK is northern rock

egamar

Yant1 wrote: »

You call yourself risk averse egamar? I hope its only a small stake you have.

Tiny.

It's my Standard Life Property fund that's a bigger chunk - and not doing well either! Still it's up 14% since September 05 and it's a 10-15 year hold, so I'm OK with it.

My Fidelity Global Property Fund is down 3% since Feb 06, but it'll come back in due course.

egamar

Yant1 wrote: »

A NRK is northern rock

I knew I didn't want to know! Special cases make bad general examples ....

purch

The OP was asking what he should do with an existing investment, he was not talking about a new investment. The same advice is not necessarily valid in both cases.

Not necessarily...............but often it is

The way I would look at it is;

I have £ X ( the current value of the fund ) to Invest

Where is the best place to put it ?

I always look at my portfolio that way.....unless I am confident that it's a good investment and will make money then it goes

Holding onto something you are not sure about is the riskiest strategy for me

I am assuming the OP isn't confident or sure of the Investment or the post wouldn't have been made.

[Deleted User]

I never plug money into a falling market unless im absolutly sure its going to turn around. Even then you can think its going to turn around and you can call it wrong for example if you bet on the nikkei going up with some money from a account labelled "88888" and then there was a sunami.

purch

Brings me back to my first Trading lesson as a fresh faced 18yo in 1978

Buy when the Markets going up

Sell when it's going Down

not vica versa