I have found that 'doing nothing' takes a little getting used to, as newspapers and business TV are always tempting us to re-balance, buy a hot stock or sell a loser. Everyone gains when you trade - except you.
A strategy of buying and holding for the long term - preferably 20 years+, should helpfully concentrate one's mind in the buying phase.
By the way, Foreign and Colonial Investment Trust has a portfolio of about 500 listed stocks from all corners of the world, and in addition has about 10% private equity. It's benchmark is the MSCI World Equity Index.
Before buying an investment trust, I would always 'look under the bonnet' and never rely on a few years' past performance data.
Got a credit card? use our Credit Card & Finance Calculators
Thanks to DrFfybes,smokey01,bungeejumper,stockton,Anonymous, for Donating to support the site
Portfolio Pruning Advice
-
- Lemon Slice
- Posts: 258
- Joined: November 5th, 2016, 2:12 pm
- Has thanked: 319 times
- Been thanked: 152 times
Return to “Investment Trusts and Unit Trusts”
Who is online
Users browsing this forum: Google Adsense [Bot] and 105 guests