Investment advice for person panicking about Brexit

Carefull now Yorkie. Ruth did say she gives free advice too, not just in a professional capacity, did she not?



I think many on this board feel for your personal position, however sketchy your posts have been, over your future uncertainties. Do remember though you at not alone in that sort of situation.



Having said that I do feel there is an over reaction. It is often the case that short responses can come accross as a bit curt or even rude but nothing I have read so far would seem worthy of someone taking offense.
There are many posts and threads regarding savings and investments with these same contributors pointing out the downsides and giving excellent free suggestions -sometimes during their working day or in their free time. Pointing out what is wrong with asset allocations in investments is a first to help understanding what should not be done and then what might be done better!
That includes the approach to goals and risk. Generalisms that can be advised but specifics cannot. You have not been specific with your original goals and attitude to risk and your current ones, to me, seem incomplete thus making suggestions difficult.


I suspect that your personal circumstances, that you allude to Ruth, colour your perception, as you have written. You seem to be very critical of posters but your 'series' postings confuse me as to which poster your complaints are directed!



The same experienced investors, commenters and professional advisors (who you must realise cannot legally give specific financial advice) have helped many and you can find the basic sensible approach to sorting out finances and then eventually investing, in several threads, if you care to look.


Can I humbly suggest you look beyond style -I do not think anything untoward has beeen intended- and just concentrate on the substance. If you had by now you might have a better idea as to what you ought to be considering with regards to your finances rather than becoming argumentative.


.......and it is only fair that this is a public post that you can comment on and, if required, I and others can defend. If you just change your name, like the lepoard, you cannot change your spots.

Every now and then we get these bizarre threads. It is a shame because the OP has not only completely misread the style of delivery but also misread the content.

For example, Thrugelmir mentioned what happened with Japan as an example of what could happen. The OPs response was to focus on only the Japanese fund. Completely missing the point that was being made. That a Japan style event could happen anywhere, anytime.

Or the selling when funds are down and buying when they are up.

Or the extremely high risk nature of the funds selected

Or the way they were bought through recommendations of advertising or poor quality journalism (e.g. how the media often focuses on the niche/specialist/high risk sectors)

Or trying to build an advanced portfolio despite admitting that they didnt have the knowledge to do so and ignoring the comments about looking at multi-asset funds instead.

Before the days of forums, I used to post on USENET in UK.FINANCE. netiquette for posting was always to keep it as short as possible and to the point. No wishy washy. Bandwidth being the issue back then but also that long winding posts dont sink in as much as bullet point style answers. However, the key thing was to never read posts with any type of emotion superimposed onto them. You can never tell the emotion when text is plainly written. Someone claiming to be in the legal profession should know that. You should never impose a fake emotion onto someone else's text.

However, perhaps starting a post by highlighting the subject of 'ignorance' was not the most tactful. Neither can one really defend that sort of opening when they claim to be keeping things concise and to the point. To be honest, there was no need to refer to it at all. Sorry.

I was linking the statement that followed. i.e. op says they are an ignorant investor. I then went on to show what they had was unsuitable for an inexperienced investor. Do notice how I used the term inexperienced in my response. I did not refer to them as ignorant. I actually think the use of ignorant is crude which is why I used my frequent classification which is to call them an inexperienced investor.

We quote bits of text to make it easier to understand why we are responding as we do.

It actually seems my reference to fashion investing was the key thing they didn't like. Despite it being a very accurate description of what they did. I don't what the other early responders did wrong to be criticised either.

dunstonh wrote: »

Before the days of forums, I used to post on USENET in UK.FINANCE. .

USENET? That's luxury - I started out posting on cave painting forums, hot debate of the time was flint or bronze the better investment?