D
DublinG
Guest
Hello,
In 2007 I invested €10k in an International Equity Managed Fund with a well known Irish Bank. The value of this has dropped by 25% by todays date.
I am not an experienced investor and cant decide whether to leave it in or take the hit and put whats left in a safe little savings account for the time being.
A stock analyst friend is advising me to take the hit but I am more inclined to leave it there for now. I will not need to touch it for 3 years or so by which time I expect things to have picked up. And who knows, maybe this fund could do well...
Any advice would be very welcome...
Undecided,
DublinG.
In 2007 I invested €10k in an International Equity Managed Fund with a well known Irish Bank. The value of this has dropped by 25% by todays date.
I am not an experienced investor and cant decide whether to leave it in or take the hit and put whats left in a safe little savings account for the time being.
A stock analyst friend is advising me to take the hit but I am more inclined to leave it there for now. I will not need to touch it for 3 years or so by which time I expect things to have picked up. And who knows, maybe this fund could do well...
Any advice would be very welcome...
Undecided,
DublinG.