Statement of intent

StuartGMC

CBI reported on iii as below regarding the potential for recovery, and underlying base rate from BOE
http://www.iii.co.uk/articles/articledisplay.jsp?section=Markets&article_id=10031570

Looks like a stable period through the remainder of the year, but possible slight uplift in BOE base rate at some point (late 2009?) with Q1 2010 seeing the first real growth plus the peak in unemployment. Interesting to see the comment on households saving more and that pay cuts/reduced working has mitigated redundancies in contrast to the late 1980s and early 1990s.

I think we'll continue to invest this year, although usually markets move 6months before the economy and this perhaps is true if you look at movements in the past 3-6months. Ideally I'd like the markets to stay flat whilst I buy and then rise, but you can't ahve it all :rotfl:

StuartGMC

Daughter swam 4000m tonight - puts me to shame but very proud of her

chirpchirp

Well done her! That's an awful lot of lengths!

ShelleyC_2

StuartGMC wrote: »

Daughter swam 4000m tonight - puts me to shame but very proud of her

Thats very impressive :T

setmefree2

Well done Little Miss GMC

ShelleyC_2

Love the little swimming lady :rotfl:

setmefree2

Hi Stuart :hello:

I've been thinking about funds for my pensions. I was thinking about the following:-

• UK Index Tracking Fund which aims to mirros FTSE all-share Index
• Property Fund - high quality commercial property

Do you have any thoughts on either Index tracking funds or the long term performance of commercial property?

Thanks in Advance

SMF2

StuartGMC

SMF2
Have you run them against their sector to derive their relative performance?

In most cases funds are down now, and all "should" pick up to differing degrees over the next 3yrs. I assume you've looked at your overall portfolio and spread across both sectors, risk and geographic, because growth is likely in BRIC (higher risk, more volatility) and UK FTSE likely to be low risk but lower expectations of growth (I assume FTSE100/All Share). I'm going to try to grab some images from my portfolio pie-charts to help indicate, and post below if successful

Commercial property I think is at a low and likely to improve as we move out of recession so buying now while cheap may be sensible. Do check though on how quickly you can realise your investment (property tends to be illiquid so you want to be sure the T&C are clear to you if you want to move to another fund etc).

Overall, are you actively "learning" via a monthly journal and/or web etc? They often have good articles on certain sectors and their performance. Also Trustnet let's you see the Fund Manager's rating too.

StuartGMC

Pie chart of the spread of our Funds ISAs; produced via the portfolio tool on Trustnet



Performance although not all funds held since 2006, it shows portfolio vs FTSE All Share



Had to pay interest on the mortgage again.... £1.61 for the month, but we did earn £0.43 interest when the offset was in excess of the capital owed :rotfl:

setmefree2

Good news about the interest:T

I might dabble a bit in a property fund...might put a bit into a FTSE100 tracker too....off to have another look at the funds available. Thanks for your input....scary stuff LOL