Reply to: Which ISA funds are going to boom in 08/09

[Fred Bloggs]

I think those two posts above are about as good as free advice gets these days. I'm buying in every month and I will continue to do so all the way to the bottom and all the way back up!

[BlasterBates]

China is little overheated in places, but Emerging markets aren't as volatile as they were in 1998, they've come of age. In the 90's Emerging markets always got battered but then there were significant financial problems not too disimilar to the US now, overheating property, banks over lending etc etc.

Your best bet at the moment is the US (as usual the market no-one expects anything at all), what with a low Dollar. Commodities are a bit "yesterday" at the moment, and vulnerable for a correction, though the longterm bull market is in tact.They're "well priced" as they say, and China is a bit high. There are far eastern markets looking well poised, Thailand, and Korea. These markets are undervalued, especially Thailand.

Basically start wading in to the US in the summer, industrials and export stocks.

[rootsnall]

You did Ok then providing you didn't buy a few years back @ 6700

I got out of China a bit too early but it's never wrong to take a profit. Too early to go back in yet as a single country play but I am holding some activelt managed "global funds" that manage a fair portion of their portfolio in emerging economies. I'm drip feeding 3 global funds and 2 UK income funds at the moment. UK income did quite badly the last year or so, it's due a rebound.

My shamateur economic theory is we might see a major dip if we have a worldwide recession ( looking more than possible ) and the emerging stuff will get uber battered hence I flogged all that. Remember the FTSE went down to 3,500ish during the dotcom panic and we didn't have a recession.

[Fred Bloggs]

You did Ok then providing you didn't buy a few years back @ 6700

I got out of China a bit too early but it's never wrong to take a profit. Too early to go back in yet as a single country play but I am holding some activelt managed "global funds" that manage a fair portion of their portfolio in emerging economies. I'm drip feeding 3 global funds and 2 UK income funds at the moment. UK income did quite badly the last year or so, it's due a rebound.

[rootsnall]

You'll never time the bottom right. (Did you time the top right? If so well done!). Drip feeding the money into funds/stocks is the best value method in times of uncertainty IMHO.

Sold a lot of stuff when the FTSE was about 6200, it went back above that at one stage but I don't think I'll lose out too badly if I don't reinvest at all in the next 12 months. What I'm looking to buy will be long term hold jobs if I do pounce. I know it's risky but it gives me something to worry about while I'm sat at my desk contracting.

[Fred Bloggs]

You'll never time the bottom right. (Did you time the top right? If so well done!). Drip feeding the money into funds/stocks is the best value method in times of uncertainty IMHO.

[rootsnall]

The best performers of 2008-9 will be:

Artemis European Bizarre Growth
Jupiter Antarctic Mid-Caps
Gartmore New Forest Death-Caps
Morton Harket's Emerging Markets
Fidelity UK Cautious Investor's Repo and Bailiff Sector Tracker
Aberdeen Asset Management's Fund of Other Funds We Bought but Don't Understand.
Ethel Wigginton Biscuit Tin Behind the Cat Food Fund
Atlantis China Healthcare Fund
Atlantic China Tobacco Fund

The best performers of 2008-9 will be:

CASH !

That's my punt anyway, all my ISA and SIPP stuff is in cash, sitting and waiting. Slightly tempted by the banks for their divis alone but more downside I think yet.

[Fred Bloggs]

Remember Framlington "netnet fund"?

Sure, natural resources funds will probably be OK in the short term. But the smart money is buying the things you "wouldn't touch with a barge pole". In five years time you'll be buying those funds too. Good luck.

[thunderlizard]

Watch these trade tomorrow! They're gonna fly! Shut her off Bubba, she's pumping mud!

The best performers of 2008-9 will be:

Artemis European Bizarre Growth
Jupiter Antarctic Mid-Caps
Gartmore New Forest Death-Caps
Morton Harket's Emerging Markets
Fidelity UK Cautious Investor's Repo and Bailiff Sector Tracker
Aberdeen Asset Management's Fund of Other Funds We Bought but Don't Understand.
Ethel Wigginton Biscuit Tin Behind the Cat Food Fund
Atlantis China Healthcare Fund
Atlantic China Tobacco Fund

[bogeyman]

Ferrari ( x 2)
Country estate
Power boat
Villa in the Caribbean
....

No. They didn't do that well thank God.

And I hope they were unemployable for a good long time (some hope).

There was a joke going around that it was called the 'Tornado' fund because it 'wiped out anything of value in its path'.

[Bagpuss]

Marvellous, Just like the numerous share magazines and experts tipping Patientline and Northern Rock 18 months ago

[DimPrawn]

Sure they are.

Remember how we all bought ISAs in high tech funds because we thought they'd be tomorrows high performers (Gartmore's infamous TechTornado fund springs to mind).

TechTurkey morelike - it was wiped out, but the 22 y/o fund managers still got a Porche out of it.

Ferrari ( x 2)
Country estate
Power boat
Villa in the Caribbean
....

[bogeyman]

Are they tommorrow's high performers too?

Sure they are.

Remember how we all bought ISAs in high tech funds because we thought they'd be tomorrows high performers (Gartmore's infamous TechTornado fund springs to mind).

TechTurkey morelike - it was wiped out, but the 22 y/o fund managers still got a Porche out of it.

[Lucy]

Dim is amazing. He lives in Swindon yet has a global property empire, vast earnings from his contracting career, of course, and an amazing un-paralleled insight into the financial world.

You forgot sexy.

[DimPrawn]

You missed the boat. They're all yesterdays high performers.

Are they tommorrow's high performers too?