heisenberg
Registered User
- Messages
- 20
I recently invested in an investment fund with a modest amount of money. It was my first time investing, and I thought that doing it through a bank would be a good way to start of, letting someone else take care of the management and lesser risk than investing on my own.
However, as the markets are now on a downward trend, I have lost about 7% of the value of my investment. I was hoping to stick it out and wait for a recovery, but it's not looking likely at the moment.
I do not intend on using this money anytime soon (I had considered it as perhaps a 5 year investment), but I fear that I will not achieve a good return by this time unless there is a complete market turn around.
What is the general consensus? I know it is all speculative, but is it wise to stay in an investment fund until it regains its feet or bite the bullet and take the 7% loss (plus management fees)?
Any advice would be really appreciated. Thanks.
However, as the markets are now on a downward trend, I have lost about 7% of the value of my investment. I was hoping to stick it out and wait for a recovery, but it's not looking likely at the moment.
I do not intend on using this money anytime soon (I had considered it as perhaps a 5 year investment), but I fear that I will not achieve a good return by this time unless there is a complete market turn around.
What is the general consensus? I know it is all speculative, but is it wise to stay in an investment fund until it regains its feet or bite the bullet and take the 7% loss (plus management fees)?
Any advice would be really appreciated. Thanks.