Woodford anyone?

[DSLiverpool]

Guys naïve observation, its tracked well certainly above the FTSE and as I am about to enter whilst its under launch price and will hopefully ride the end of year rally (I am in for 5+ years but like to see a good start) am I missing anything before I throw in my ISA

[Mr Trophy]

DSLiverpool said:

Guys naïve observation, its tracked well certainly above the FTSE and as I am about to enter whilst its under launch price and will hopefully ride the end of year rally (I am in for 5+ years but like to see a good start) am I missing anything before I throw in my ISA

Are you doing 100% into it?

[DSLiverpool]

Mr Trophy said:

DSLiverpool said:

Guys naïve observation, its tracked well certainly above the FTSE and as I am about to enter whilst its under launch price and will hopefully ride the end of year rally (I am in for 5+ years but like to see a good start) am I missing anything before I throw in my ISA

Are you doing 100% into it?

No 50% will go in - Ive been sitting on half since April the other half went in the Observer DOGS recommendations that hasn't done so well but will make a small profit by year end.

[walm]

It closed yesterday at 1.01 - above launch price.
Funds trade once a day and so an order now will be for Monday morning and it is VERY green today.
Monday will be more above launch price.

However, considering the launch price is a red herring. It has nothing to do with anything.
As with every investment it is a question of where it is GOING not where it has been.

I know psychologically you can feel smug that you are level-pegging with those who were in at the start but that has absolutely no bearing on where it goes from here!

[DSLiverpool]

walm said:

Good info

Thanks - I appreciate I will not get under at trade time but at least its a buying window of opportunity and I trust this guy more than myself and many others.

[walm]

DSLiverpool said:

Thanks - I appreciate I will not get under at trade time but at least its a buying window of opportunity and I trust this guy more than myself and many others.

Agreed. Also there is something to be said for squirreling it away now before it all gets blown on Christmas!

[DSLiverpool]

Right I am in plus a top up for my quite surprising Artemis Income I Acc which is doing better than I thought.

[Mr Trophy]

All the best!

What platform are you using?

[hornet]

DSLiverpool said:

Right I am in plus a top up for my quite surprising Artemis Income I Acc which is doing better than I thought.

I've had a chunk of my ISA in that Artemis fund. Like the fact the managers have to put their own money in it.

[DSLiverpool]

Mr Trophy said:

All the best!

What platform are you using?

I am a total novice no nothing so I use the Halifax - works for me

[Mr Trophy]

Good value this morning since Friday

[DSLiverpool]

Mr Trophy said:

Good value this morning since Friday

Made £150 - time to cash out !!!

[DSLiverpool]

Mr W has made me 9.4% since October and I have cashed out this morning only because I am clueless, the election worries me and I am happy with that return within my ISA.

If it dips again I may well go back in, not sure if this is how you are supposed to treat funds but I would hate to see the gains dissolve.

[Mr Trophy]

DSLiverpool said:

Mr W has made me 9.4% since October and I have cashed out this morning only because I am clueless, the election worries me and I am happy with that return within my ISA.

If it dips again I may well go back in, not sure if this is how you are supposed to treat funds but I would hate to see the gains dissolve.

Should have kept it

[Patch1875]

I been buying a bit more of this, bought a chunk at launch now it's about 25% of my sipp.

Done well so far.

[CaptainSensib1e]

Funds are long-term investments, ideally should be held for 5 years+

They aren't really suitable for short term trading.

[DSLiverpool]

CaptainSensib1e said:

Funds are long-term investments, ideally should be held for 5 years+

They aren't really suitable for short term trading.

I understand that as its mentioned a lot but for a fund with no buy in cost then why not? we are near top of the tree right now with an election coming up that will possibly be a new coalition government and I see a fall at which point I would look to buy back into Woodford. If this fund bucks the trend then I will be seriously impressed and probably put a lot in and leave it - this is my first test of this particular fund.

[BoRED S2upid]

9.4% in his first 6 months on his own and your out? That's one hell of a start worth giving him a little longer I'd say he's not doing a bad job for a start up

[DSLiverpool]

BoRED S2upid said:

9.4% in his first 6 months on his own and your out? That's one hell of a start worth giving him a little longer I'd say he's not doing a bad job for a start up

Can he increase in a declining market though - he is good but a miracle worker?

[greygoose]

CaptainSensib1e said:

Funds are long-term investments, ideally should be held for 5 years+

They aren't really suitable for short term trading.

I agree (not that I am an expert), I tend to put some money in every month to even out the peaks and troughs and hold them for years.