3 years is too short a time frame imo. 7 to 10 years is what I would be looking at for this type of investment.has anyone noticed that the ISEQ has been in free-fall the last couple of days. Having just put 25% of my investment into Celtic Freeway funds in Quinn life i wonder should i just get out of it. Even though i hope to leave the investment in for 3+ years.
What sort of fees would some body incur for taking part in The Quinn funds? also wouls 10k be a reasonable amount to start with?Yes I noticed that alright. But as the others are saying this is the long game. If you don't have the nerve maybe you need to play a lower risk sport. The China fund fell like a lead balloon last month, everyone was tempted to bale out but lo and behold its up another 2-3%.
The Quinn funds are great because you can track them online.. the Quinn fund are a pain because you can track them online.
I think the strategy followed by most investors should be the exact opposite of the above. It's usually better to hold and buy as much as you can as the market drops.put a 15% stop loss or what ever margin you are comfortable with, if the market falls to that level then sell and move onto something else.
Inexperience doesn't come into it. For the investments made at the peak of the market, you would only be making your money back now. The performance of the later stream of investments is irrelevant.Alot of inexperienced investors would say that, had you bought the FTSE 100 index at the hight of the 2000 bubble, you would only be making back your money now. However, had you kept buying as it dropped, your average cost wouldn't be that of the 2000 peaks - it would be alot lower. Add to that the dividends you would have received in the meantime and you would be sitting pretty now..
Well, after 17 years the Nikkei 225 is only around half of its 1990 peak. If it takes as long again to get back to par, you're into investment timeframes that are too long for all but quite young investors. As Keynes said, "in the long run, we're all dead."Think about it from this point of view - Everytime any market has dropped in history, it has always recovered and reached new peaks. Therefore, why sell when the prices drop 15%. Instead, you should buy more safe in the knowledge that, unless the markets do something that they have never done in history, you will recover your loses and gain more on top.
Emsman, you should note that the ISEQ dropped by 30 % in 2002 and by about 4% the previous year. So it has experienced big drops in the past. As far as I can remember, based on recent performance, you’ve a one in three chance that an investment in the ISEQ will result in a loss in any year; or, to put it another way, you’ve a chance you will suffer a loss one year in every three. So there is nothing ‘significant’ about the way the ISEQ is behaving at present and we’re only halfway through the year.has anyone noticed that the ISEQ has been in free-fall the last couple of days. Having just put 25% of my investment into Celtic Freeway funds in Quinn life i wonder should i just get out of it.
If you do this all you will end up with is a 15% loss. Your ‘something else’ will then need to increase in value by about 18% just to break even. It also means that you’ll lose all your capital after 6 bad investments.If you are concerned then put a 15% stop loss or what ever margin you are comfortable with, if the market falls to that level then sell and move onto something else.
It's usually better to hold and buy as much as you can as the market drops.