Wots your current portfolio spread ?

purch

i would have made enough money

Yeah but where would you spend it ??? cos our economy is in tatters, our currency has devalued so much it's almost worthless, and you won't be able to work even if you wanted to cos there are no jobs left !!!


P.S. The comment wasn't necessarily directed at you anyway....not everything is, so you don't need to jump back in all the time ( unless you are a doom and gloomer of course )

cloud_dog

wombat42 wrote: »

OK then show me chapter and verse about emerging market trackers and in the unlikely case of you proving your point i will eat my hat.

I think you are missing the point and getting a little bit defensive. My comment related to your fairly 'black and white' statement. I'm not a fan of trackers but they have value to those who believe in them, and as Purch (??) said not many managers actually beat the indexes they measure themselves against; hense the high probability of picking a fund which doesn't beat its index; hense my focus of investing with top performing managers as opposed to funds (when I do).

An example, Jim Slater (someone who knows far more than I ever will about investing) has invested £2m in to the MSCI Brazil Index tracker; and he does it for a living.

Russia and Brazil are largely resource engines that feed China and India. The Brazil stock market (BOVESPA) has way overperformed the DOW last year.

Yes Brazil index has way outperformed the DOW but Brazil *IS* currently largely driven by the US. I am monitoring this situation closely as one of my investments in a SIPP (Threadneedle Latin America) has approx 70% in Brazil; if the US is / goes in to recession I am transferring out of Lat Am.

If you are happy with your investments then great but, there is rarely an absolute statement in this world. Research rather than stats is a wonderful thing.

cloud_dog

wombat42_2

cloud_dog wrote: »

Wow.................. Can't wait until next weeks episode of 'Guess where my investments are now' :A

You may jest but I have probably made more money from S&S than most of you guys last year.

wombat42_2

cloud_dog wrote: »

I think you are missing the point and getting a little bit defensive. My comment related to your fairly 'black and white' statement. I'm not a fan of trackers but they have value to those who believe in them, and as Purch (??) said not many managers actually beat the indexes they measure themselves against; hense the high probability of picking a fund which doesn't beat its index; hense my focus of investing with top performing managers as opposed to funds (when I do).

An example, Jim Slater (someone who knows far more than I ever will about investing) has invested £2m in to the MSCI Brazil Index tracker; and he does it for a living.

Yes Brazil index has way outperformed the DOW but Brazil *IS* currently largely driven by the US. I am monitoring this situation closely as one of my investments in a SIPP (Threadneedle Latin America) has approx 70% in Brazil; if the US is / goes in to recession I am transferring out of Lat Am.

If you are happy with your investments then great but, there is rarely an absolute statement in this world. Research rather than stats is a wonderful thing.

cloud_dog

Ideally I would have chosen RICs not BRICs but that option doesnt exist unless i invest in 3 different funds. Yes the US has quite a lot of sway over Brazil but it is still true that Chindia is a big and increasing market for Brazil. It does however inspire confidence that the Brazil stock market went up 44% last year during a dodgy year for the US ecomnomy.

cloud_dog

wombat42 wrote: »

You may jest but I have probably made more money from S&S than most of you guys last year.

My dads bigger than your dad, na, na ,na, na

Mojo71

Wombat, I've remembered your threads for quite some time, first when you were advocating China, and then suddenly going into your global funds for the "next 10 years", and now you've gone back into emerging market BRIC funds.

Everyone on here has their own level of knowledge when it comes to knowing what to do with their money. Witness other threads where people write about moving their savings from one building society to another just to get back that extra 0.1% that their account has just been decreased by. I expect they think themselves as financial experts just because they can do that.

But I can't help wondering if you're just picking up on funds that have had stellar performance in the past, and hoping the same is going to happen in the future... no-one can predict what is going to happen with different stockmarkets in different countries. As you'll see from my earlier post in this thread, I'm following individual sectors, rather than geographic markets, and yes, I'm probably jumping on the latest speculative bubble just like you maybe do (currently Gold).

But I do wonder if some people on here might start taking this as advice, and get their fingers burnt.

I really wish this forum would be split into 2 forums, one for "Savings" and one for "Investments". Although having said that, it does make me laugh when threads appear along the lines of "I've got X amount to invest" when all they actually mean is they want to put it in a savings account for X % interest. So no doubt the Mods wouldn't fancy having to move threads into the right forum on a daily basis.:rotfl:

Just my comments on how these threads pan out really... almost like a slanging match of "my opinion is better than yours".

wombat42_2

cloud_dog wrote: »

My dads bigger than your dad, na, na ,na, na

You ought to see the size of my wod. It's absolutely huge. It has to be seen to be believed :eek: It's the talk of the neighbourhood. :eek:

ryandj

Well, indeed. It seems everyone has a different opinion on where best to invest. Not really based on what anyone has said here, but on my instincts based on what I have read around the news, I am pretty much keeping my investments as they are for now and slowly evening out the portfolio to have more cash!

I am sticking with a lot of China thought!

Incidentally, I hear it is quite hard to immigrate to China so we would struggle getting 60p/ hour jobs in sweatshops!

wombat42_2

Mojo71 wrote: »

Wombat, I've remembered your threads for quite some time, first when you were advocating China, and then suddenly going into your global funds for the "next 10 years", and now you've gone back into emerging market BRIC funds.

Everyone on here has their own level of knowledge when it comes to knowing what to do with their money. Witness other threads where people write about moving their savings from one building society to another just to get back that extra 0.1% that their account has just been decreased by. I expect they think themselves as financial experts just because they can do that.

But I can't help wondering if you're just picking up on funds that have had stellar performance in the past, and hoping the same is going to happen in the future... no-one can predict what is going to happen with different stockmarkets in different countries. As you'll see from my earlier post in this thread, I'm following individual sectors, rather than geographic markets, and yes, I'm probably jumping on the latest speculative bubble just like you maybe do (currently Gold).

But I do wonder if some people on here might start taking this as advice, and get their fingers burnt.

I really wish this forum would be split into 2 forums, one for "Savings" and one for "Investments". Although having said that, it does make me laugh when threads appear along the lines of "I've got X amount to invest" when all they actually mean is they want to put it in a savings account for X % interest. So no doubt the Mods wouldn't fancy having to move threads into the right forum on a daily basis.:rotfl:

Just my comments on how these threads pan out really... almost like a slanging match of "my opinion is better than yours".

That request had already been made to Martin but he rejected it as he is personally much more concerned about the welfare of "savers" believing that there are plenty of other places for investors to interact on a fourm (but i dont know of any that are anymore worthwhile than here). So it sounds like we are lucky to even be allowed to discus investments here at all.

As i am sure you know, the future success of commodities largely ties in with the success of Chindia or BRIC. Many people have theorised that both commodities and BRIC have a very bright long term future for various reasons. But obviously there is no guarantee. But in view of the amazing potential and the very sick looking state of the UK/US/Europe economies, it is a risk i am prepared to take. I intend to take profits if i can to lock in gains. I also have a good sized cash buffer so I can keep it going for the long term. BRIC is a less risky than, say, 100% China. I dont think i could stomach investing in pure commodities.

jon3001

wombat42 wrote: »

I dont think i could stomach investing in pure commodities.

Care to elaborate?