hi, i opened a quinn life policy at the end of august and was hoping some of you could help me understand how the movement of these funds works. I went for a fund allocation of 60% euro, 20%japan, 10%china, 10% emerging markets. The policy has grown by 7.6% already which i'm happy about. i'm open to risking my money even more though, so when i look at the growth for china fund since i started being 26%, i think why the heck don't i just stick alot more of my money into that fund.
before i decided my initial fund allocation i took into account what was said on this forum: that past performance is no indication of future performance, and also that i should diversify my portfolio, and to consider the currency risk, and I also considered the risk indicators provided by quinn life. i don't know much about economics, but it seems to me that perception is very important and i've heard so many times in work and in the media about the potential for further economic growth in china and india. so chucking a lot more of my money into the china fund doesn't seem that risky to me at the moment. i guess what i'd like to find out is how is risk calculated, quinn life have a chart showing the risk of their funds in the following order starting at the least risk: 1.cash, 2.eurobond, 3.celtic/euro freeway, 4.uk/us/japan, 5.Tech/china/emerging/latin america, 6.biotech
loads of questions spring to mind on his:
1.) What is it that makes funds like china and biotech so risky?
2.) When Quinn Life talk about risk are they talking about the potential for the price to go up and down by larger ammounts, or are they talking about the potential for it to collapse altogether?
3.) If it has potential to collapse then do people see this as a relaistic possibility for the china fund?
4.) Is there a formular for risk?
5.) Will the risk of investing in china reduce as their economy matures?
sorry i think i'm asking the same question over and over here, the answer being" go read a book about economics", maybe its best if somebody has some good websites or books they can recommend to learn about this type of stuff.
before i decided my initial fund allocation i took into account what was said on this forum: that past performance is no indication of future performance, and also that i should diversify my portfolio, and to consider the currency risk, and I also considered the risk indicators provided by quinn life. i don't know much about economics, but it seems to me that perception is very important and i've heard so many times in work and in the media about the potential for further economic growth in china and india. so chucking a lot more of my money into the china fund doesn't seem that risky to me at the moment. i guess what i'd like to find out is how is risk calculated, quinn life have a chart showing the risk of their funds in the following order starting at the least risk: 1.cash, 2.eurobond, 3.celtic/euro freeway, 4.uk/us/japan, 5.Tech/china/emerging/latin america, 6.biotech
loads of questions spring to mind on his:
1.) What is it that makes funds like china and biotech so risky?
2.) When Quinn Life talk about risk are they talking about the potential for the price to go up and down by larger ammounts, or are they talking about the potential for it to collapse altogether?
3.) If it has potential to collapse then do people see this as a relaistic possibility for the china fund?
4.) Is there a formular for risk?
5.) Will the risk of investing in china reduce as their economy matures?
sorry i think i'm asking the same question over and over here, the answer being" go read a book about economics", maybe its best if somebody has some good websites or books they can recommend to learn about this type of stuff.