What are your opinions on them?
Do you have any suggestions?
I am looking to invest about £7k to start off with, £2k in two and £3k in one, and plan to invest for 5 years and hope for a good return!
Thank you.
2007-09-25 22:38:56 · 7 answers · asked by Julie C (little ninja) 1 in Business & Finance ➔ Investing
Its interesting ppl saying ask a financial advisor when you see so many articles on ppl who have lost so much doing that....I wouldnt like to say they are all biased & tip what pays them the biggest commission :-)
Anyway back to your question....I have been looking at funds in emeging markets & Asia including Japan for a while, Asia is an area Im very keen on, some good investment trusts like Aberdeen Asian smaller co's trades on a discount of around 13% it has an excellent long term record & is certainly tempting, however I would not invest in any right now my guess is there will be better opportunities to buy probably at even bigger discounts in the coming months, while the market has recovered a little from the Northern Rock fiasco I feel the whole credit crunch has more damage to do, then theres the situation in Iraq & increasingly Iran.
My advice is hold onto cash for the time being either on deposit or in a safer quality global mutual trust which concentrates on capital preservation, then keep a watch on a the trusts in Emerging markets & Asia when every one else panics & the "herd" of people are bailing out that is the time to buy at a good price & hold.
Good luck
2007-09-26 03:11:59 · answer #1 · answered by Anonymous · 0⤊ 0⤋
My own inclination is to shy away from foreign stocks. These companies may not be around too long. Research them and see who the major investors are behind them.
Good advice in investing is invest only what you can really afford to lose. I'd take like 3/4 of what you intend to invest in those stocks (ok, funds---still stocks, though) you list and invest them in funds made up of stock of European and American companies (long establish companies with a real good "track record") and just put 1/4 into the funds you list.
2007-09-26 05:47:51 · answer #2 · answered by The Invisible Man 6 · 0⤊ 1⤋
Whichever funds you do invest in invest through a discount broker to minimise the costs.
Jupiters funds are all unit trusts as opposed to oeics;oeics having a single price for buying and selling.
I would suggest a bric fund,a russian fund and a china fund if these fit in with your other investments.
The particular areas you are interested in investing in have lots of funds to choose from.
2007-09-27 18:08:03 · answer #3 · answered by james j 2 · 0⤊ 0⤋
You may get lucky & get 10% return after giving control of your money to someone else for five years with heavy management fees assuming that the American debt problem & Peak Oil and Climate Change have not caused financial markets to collapse.
Or you could learn to create a secure future from top international experts coming to London 28-30 Sept & 6-9 Oct
You choose your life so beHappy
2007-09-26 17:27:05 · answer #4 · answered by Anonymous · 0⤊ 1⤋
More important that picking the "right" funds is, having a good "asset allocation". As long as your allocation is correct, the portfolio should take care of it's self.
Based on what you're looking at.... I'd hope the total isn't more than 5% of your stock portfolio.
2007-09-26 07:46:34 · answer #5 · answered by Common Sense 7 · 0⤊ 0⤋
Jupiter Asian is very new and has no track record. Keep away. For the other two you have not given their company name and so I cannot trace them.
2007-09-27 11:17:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Get yourself an independent financial adviser. Don't ask on here.
2007-09-26 05:41:46 · answer #7 · answered by Anonymous · 0⤊ 1⤋