Chippy_boy
Well-Known Member
It's a tricky business to be sure. On the one hand the old adage is "never catch a falling knife", but on the other hand when a stock (or fund) has dropped, then it can be a buying opportunity. But how to know?Ouch, this time last year markets started to go down mine at 1 point was down to what I invested but I stuck with it and now its more than it was before
I only buy funds though as I feel shares are too risky
I have £25k ish languishing in a woefully under-performing Jupiter India fund, on which IIRC I am about £2k down as we speak. But 6 months ago, I was £10k down and obviously they have rallied since. Had I had the balls to throw another £25k in, I'd now be sitting on a very tidy return.
If my aunt had bollocks etc.