Thanks guys, I presume its easy to switch just a matter of ringing. AFAIK am enttled to two free switches per year.
As I mentioned made some ad hoc payments and hope to do the same late this year and early next year, if I rebalance now to original investment in China I presume it makes no sense to allocate a percentage to China from the new investments.
Or on the basis that I , theoritically at least, made original allocation on my attitude to risk I should stick with original plan. ?
Rebalance just means diversifying across a wider range of funds rather concentrating mainly or solely on one or a smaller range. How you choose what fund mix is appropriate depends on many factors including your attitude to risk/volatility, investment term/timescale, other investments, charges etc.
Post crossed with firstin's.
I think your problem here is that you seem to be trying to time/predict the markets. You would be better off just looking for funds with an appropriate asset mix, risk/reward profile etc. to match your specific needs, appetite for risk/volatility, investment timeframet etc. in my opinion. Even this is not so simple though.So in terms of rebalancing the fact that for example China has done well reflects a "good investment" at the time ?
In terms of rebalancing my problem is that at the moment not sure I am alot more confident about any of the other funds. As I said done well from China, emerging markets up just over 40% as well, still China and emerging only represent about 18% of overall fund (rest primarily celtic and euro)
So if I take some money out China not that confident about it any where else. At the moment am holding off making an ad hoc payment into the fund (some of which would prob go to China) so it it abit "mad" to switch out of China.
As a newbie investor wondering how difficult it is to take out completely the 800 profit from China and consider reinvesting elsewhere (maybe rabo, maybe mini break pre Christmas)
Any thoughts most welcome
As a newbie investor wondering how difficult it is to take out completely the 800 profit from China and consider reinvesting elsewhere (maybe rabo, maybe mini break pre Christmas)
That sounds like good advice, Many of these funds can drop quite a lot in a day and be back up again in a week or so. Just a question on these, does one incur costs when you sell say half of your rabo fund and rebalance by buying say a similar amount in a week or two.
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