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Thread: mutual funds...

  1. #1
    Respected Member robeth's Avatar
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    mutual funds...

    anyone would bother to tell me about the upside and downside of it? no need to tell me which one as we are trying to avoid free advertising ...thanks!
    insanity- doing the same thing over and over again,expecting a different outcome...


  2. #2
    Respected Member baboyako's Avatar
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    depends on how long you're planning to hang onto them?

    if your outlook is only 6months, try a spread bet (tax free)


    if you sell a mutual fund within 1 year, all your gains are likely to be eaten up in fees.


  3. #3
    Moderator fred's Avatar
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    I subscribed to MONEY WEEK some time ago. I noticed that a lot of these funds are yielding 85% over three years.
    One so called "Cautious option" returned 115.83% over the same period..
    I have their website address if you want to take a look.

    Initial charges vary but heres an example of one particular aggresive type fund.. Initial charge: 5.25% Annual management charge 1.5%.


  4. #4
    Moderator fred's Avatar
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    Quote Originally Posted by baboyako View Post
    depends on how long you're planning to hang onto them?

    if your outlook is only 6months, try a spread bet (tax free)


    if you sell a mutual fund within 1 year, all your gains are likely to be eaten up in fees.

    Now this can definatley be dangerous to your wealth!!!
    You need to have a good knowledge of the stock market and know how to set tight stops on companies that you have researched to the hilt..
    Not for widows or orphans IMO!!


  5. #5
    Administrator KeithD's Avatar
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    www.win2win.co.uk ......around 20%+ growth a month

    I'm even launching software next week to make pro-gambling as easy as 1-2-3 ......100% TAX FREE
    Keith - Administrator


  6. #6
    Moderator fred's Avatar
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    Yes but do you manage the funds and charge a fee?
    If you did then I may be interested.
    Haven`t really the time to place bets and all that palarvour.


  7. #7
    Administrator KeithD's Avatar
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    Quote Originally Posted by fred View Post
    ....palarvour.
    I'd have thought anything was worth doing for good money
    Keith - Administrator


  8. #8
    Respected Member robeth's Avatar
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    Quote Originally Posted by Win2Win View Post
    www.win2win.co.uk ......around 20%+ growth a month

    I'm even launching software next week to make pro-gambling as easy as 1-2-3 ......100% TAX FREE
    want to hear more about it...now that is... if UR SERIOUS!!
    i know life is a big gamble but im not into this kind of gambling per se...just what is it?
    insanity- doing the same thing over and over again,expecting a different outcome...


  9. #9
    Respected Member robeth's Avatar
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    Quote Originally Posted by fred View Post
    Now this can definately be dangerous to your wealth!!!
    You need to have a good knowledge of the stock market and know how to set tight stops on companies that you have researched to the hilt..
    Not for widows or orphans IMO!!
    insanity- doing the same thing over and over again,expecting a different outcome...


  10. #10
    Respected Member robeth's Avatar
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    Quote Originally Posted by Win2Win View Post
    www.win2win.co.uk ......around 20%+ growth a month

    I'm even launching software next week to make pro-gambling as easy as 1-2-3 ......100% TAX FREE

    ok keith...reading that link ...thanks...seems u have a lot of money generating stuff in there! merry christmas!
    insanity- doing the same thing over and over again,expecting a different outcome...


  11. #11
    Administrator KeithD's Avatar
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    A high number of members are on year 4 now, which generally means they've turned £100-£200 starting bank into £10,000+
    Keith - Administrator


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