The FTSE

[Millwallawayveteran1988]

I personally think the recovery will be fairly strong but only when normality resumes so that could add quite a period to this.

UK Equity Income, Small and Mid cap funds have been hammered and are down heavily even allowing for the recent rebound. The pound falling hasn’t helped those. Some Equity income funds are down 35% in last 12 months mainly as Shell and BP are often their two biggest holdings.

Best investments in last 12 months in the funds universe.

Gold - One fund up 65% in 12 months. Many above 50%

Long Dated Fixed Interest - 20-30% up

Biotech - funds up around 20-30% in last year

Technology - 15-20% up

 

[Wafty Cranker]

FTSE 100 up 20% from it's lowest point 5 weeks ago!

 

[flook]

Gold - One fund up 65% in 12 months. Many above 50%

jesus thought mine was doing well at 40%. Thinking of cashing in as it can't be sustainable surely

 

[SWP's back]

jesus thought mine was doing well at 40%. Thinking of cashing in as it can't be sustainable surely

Probably fairly wise

 

[flook]

Probably fairly wise

thanks, hopefully.......

 

[SWP's back]

thanks, hopefully.......

The key on any investment into a volatile fund, like playing roulette in a casino, is to set your limits on either side. If you’re happy with a 40% RoI then cash out and walk away mate. And when you have done so, just be happy with your profit rather than looking at the price afterwards.

I shorted oil at 50x leverage down from $60 to $25 and walked away and tried not too be too upset it went down to zero. I’m now staying well away from it as I’m positive it will burn my fingers if I go back in.

 

[flook]

The key on any investment into a volatile fund, like playing roulette in a casino, is to set your limits on either side. If you’re happy with a 40% RoI then cash out and walk away mate. And when you have done so, just be happy with your profit rather than looking at the price afterwards.

I shorted oil at 50x leverage down from $60 to $25 and walked away and tried not too be too upset it went down to zero. I’m now staying well away from it as I’m positive it will burn my fingers if I go back in.

I have no idea what you said there

I'll leave a small amount in that fund to track it, I'm happy with the 40%, how can I not be, but the plan is to watch it and when (if) the price drops significantly, buy back in. I'm far (far far far) from being knowledgeable about investments, funds etc, but what can possibly go wrong :D

 

[journolud]

I have no idea what you said there

D

Made me laugh and I know exactly what you mean. I’ve been reading up on investments, shares, bonds etc for a while and still can’t get my head round the language of yields, shorts, etc

 

[flook]

Made me laugh and I know exactly what you mean. I’ve been reading up on investments, shares, bonds etc for a while and still can’t get my head round the language of yields, shorts, etc

I try, I really do, but after a few seconds I just get a random TV theme tune playing in my head

 

[SWP's back]

I have no idea what you said there

I'll leave a small amount in that fund to track it, I'm happy with the 40%, how can I not be, but the plan is to watch it and when (if) the price drops significantly, buy back in. I'm far (far far far) from being knowledgeable about investments, funds etc, but what can possibly go wrong :D

Shorted just means that rather than buying an asset (like gold) and hoping it goes up, I bought oil and hoped it would go down in value. The 50x leverage means that I pay a small amount per day to "borrow" 50x my invested amount. This means (when shorting) that a 2% price increase would make me lose all my money, or a 2% decrease would double my money.

I only use a bit of play money for this sort of day trading (I don't go anywhere near managing my proper investments) as it may as well be gambling.