Nobody can predict the future. What's more relevant here is the timeframe over which people were/are planning to invest. This sort of volatility is to be expected with equity investments. Over the long term it should smooth out. These are general comments about equity investments and not about this specific product in particular.My question is to the two experienced (guess) chaps ClubMan and Gebbel and it's this how bad do you think the current situation will get? I invested around Aug'07 and now I see on 17/01/08 its down 12.1%.....so any insights on how bad this current trend can get? Do you foresee any turn around soon?
Well he would wouldn't he? Don't expect independent, professional investment advice in your best interests from a tied agent.My Bank of Ireland advisor suggested to hold with the evergreen fund
Well don't try to time the market or listen to your bank manager's biased ramblings about predicting the future for a start...Hymm what to do?
Nobody can predict the future. What's more relevant here is the timeframe over which people were/are planning to invest. This sort of volatility is to be expected with equity investments. Over the long term it should smooth out. These are general comments about equity investments and not about this specific product in particular.
Well he would wouldn't he? Don't expect independent, professional investment advice in your best interests from a tied agent.
Well don't try to time the market or listen to your bank manager's biased ramblings about predicting the future for a start...
That's not what I said. I just said that I could not answer the questions that you were asking! I cannot predict the future. Nobody can. Gut feelings are worthless.Yep, thats what it feels like alright i.e no stability anytime soon!
I haven't bothered reading that thread myself as it sounds like a recipe for everybody to post their own half baked notions about predicting the future...
The Evergreen Fund is unique in that it has a higher property content than any other managed fund currently in the market. The proportion of property assets held in the fund is generally set between 20% and 30% with the remainder of the portfolio made up of equities, fixed interest stocks and cash.
My Bank of Ireland advisor suggested to hold with the evergreen fund as the shares are basically sound and things should get better after March when all the sub-prime impacts will be known.
The call we need to make is will fund rebound , or are we throwing money away ....