I've received a good return over the past decade or so from shares in companies based abroad bought through unit linked funds that I invested in if that's of any use.Glenbhoy said:I have read many posts by persons wishing to invest abroad.
Are you sure that you were advised not to or was it more a case of people pointing out possible risk, pitfalls, alternatives etc.? I have rarely seen people here rule anything (other than obvious scams) out unequivocally but rather most try to tease out the issues in a bid to test the hypothesis that a particular investment opportunity might be viable and the most suitable one for a particular individual. This can involve an element of Devil's Advocacy but this does not necessarily mean that people are advising others not to do something.nopotatos said:I was strongly advised not to by (virtually)everyone on this site when I did it 2 years ago. but did my research and am happy with the results.
Just to clarify the return is 164% so the encashment value is 264% the original amount invested. IR£2,000 (€2,539.48) originally invested in Savings Certificates in 1990 will be worth €6,470.59 at maturity next March. The original return was 40% over 5 years. Rolled over at the same rate (40% over 5 years) in 1995. Rolled over again in 2000 at 34.5% over 5.5 years. I haven't worked out the CAR (not APR?) but would be interested in knowing what it was. Anybody know how you work back from the end maturity value and term to get the CAR?extopia said:Is 164% the total return over 16 years?
Maybe not. The above investment would probably be categorised as low risk/low return since the capital was guaranteed and the returns fixed but has probably outperformed in its class as far as I know. A reasonable comparison might be to a deposit account but not an equity investment over the same period. As ever there are few absolutes in this game. This was just one investment in a diversified portfolio. What do you invest in that you quadrupled your capital over 11 years - and which 11 years?Have you done the math on the APR on that? I thought I was doing poorly with quadrupling my investment over 11 years. Maybe I'm being unrealistic.
I missed this bit ... I'm not looking for a debate on the issue either but just some balance in the description of the feedback that you got. My view is that if people post asking for feedback/advice they should expect quite a lot of Devil's Advocacy and expect to supply the encouragement themselves once they have addressed the issues raised and determined that the investment opportunity is (a) suitable to their needs and (b) viable. My gut feeling (not being able to recall the specific thread in question) is that you probably got a lot of feedback pointing out potential issues/flaws in the plan but nobody told you that it was a crazy idea or anything like that. Nothing untoward there in my opinion. If people want a pat on the back and to be told that they're doing the right thing regardless of their situation or proposed investment strategy then AAM is probably the wrong place for them. By the way, I'm delighted to hear that your investment has worked out for you.nopotatos said:I dont wish to start a debate on the whole issue, becuase i have read so many of them i find it tiresome. however i found the tone quite negative in general when sounding out investment ideas. i appreciate devils advocacy and it made me think twice about buying in Portugal. Nearly all posts pointed out the negative, not one suggested it may be an okay idea, which it was. My point, devils advocacy is super but it should be evenly weighed with encouragement. IMHO most people on this site are beginners and need advice which is mixed with both caution and encouragement in equal measures.
This online calculator suggests your CAR is 7.615%.Anybody know how you work back from the end maturity value and term to get the CAR?
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