Help- First time investing in stocks and shares

supersam_batman

Thanks for the input, im not too downhearted. I still have faith that these funds can do well for me as many people have tipped some of these funds as growers. However, i think that any other funds that i invest in will definiately be lower risk. Hopefully in 10 years, presuming i will not need the money before that i will make a bit of a profit?

Any advice on what to do in this situation would be welcome?

Cheers

dunstonh

Its not a case that you will lose money. The fund selection you have is capable of a 70% gain in one year but also a 70% loss. If a loss that size comes after signficant gains over a long period then its not a problem. If the loss comes first though then you are in for the long haul waiting for it to recover.

If you can accept losses of that potential then there is nothing wrong your selection as it fits your risk profile. If you feel a 70% potential loss is something you cannot afford then reduce the risk.

amcluesent

The key to investing is not the selling price, it's the buying price. Small investors are generally like the Owl of Minerva, only noticing after the moment has passed. Then you are chasing a stock on the 'bigger idiot' premise that someone will buy at a higher price than you paid. Once it's 'tipped' in the press, it's already over.