Right, there is a lot of money to be made in Asia (if you aren't an American).
But my point is if you don't consistently clear over 12% you might as well invest in tracking funds. No fees, no big worries, historical returns in the 10% range.
Right, there is a lot of money to be made in Asia (if you aren't an American).
But my point is if you don't consistently clear over 12% you might as well invest in tracking funds. No fees, no big worries, historical returns in the 10% range.
hi, investment bank Morgan Stanley has shaken investor confidence by predicting a 14% correction in equities(London stock market). Is this going to affect HK market ? and how bad?
http://www.thisismoney.co.uk/investi...5&in_page_id=3
Me thinks its Toryboy trying to invoke a welcome to No11 for whomever the New Chancellor is.
A good remark by one of the responders to the article was " would they tell us if it really was true". After all nothing like getting clients onto your books by letting this advice out at dinner parties and confidential briefs. Then they can come back and say . Did XY and Z give you this advise. Be our client - WE CARE !
UK fundamentals are pretty good compared to say France ( for example ), even with the much discussed Black Hole and Ticcking Time Bomb. Also allthough we may like to think we are significant, we really are not.
Some of us more synical people may believe its a bit of self promotion and gets them on all the front pages.
Not sure if I am following you here.
Since 2003 my average return per year is 15% (so I beat most indices and most fund managers). My last year return was around 30%. My return YTD is 12% so at this pace I could be at 25% by year end.
What is dragging down my returns this year?
EADS (-12%), Sinopec (+11%), Bank of China (-11%), Sanofi-Aventis (+1%), Sandisk (0%), Manulife (+11%).
These are six of my top ten holdings.
It's not just Footsie but European stocks in general that they're predicting to take a dive, and U.S. and thus pretty much the whole globe will probably follow. Good time to buy stocks when about 20% has been shaved from current prices, but watch that you are not catching "falling knives" as they say...