Investing with Merrill Lynch
Discussion
Was on the verge of taking out a Merrill Lynch fund and now it is apparent that they are caught up in the sub-prime mortgage fiasco... I was thinking primarily of it's "growth" fund which has reasonable and consistent returns from past years...
My question: If it was your money, would you still invest, or wait a bit to see what might occur..?
I haven't been able to find any performance data relating specifically to the fund i was thinking of using, since the sub-prime admittance.
Cheers... ~PHIL
My question: If it was your money, would you still invest, or wait a bit to see what might occur..?
I haven't been able to find any performance data relating specifically to the fund i was thinking of using, since the sub-prime admittance.
Cheers... ~PHIL
Simpo Two said:
My hunch is that even in a recession there are areas which will do well - the trick is anticipating them. Because I'm not that clever, I'm keeping my neck in for now and plan to stay cash-rich while the rest of the world falls about my ears...
The stock market in general often does rather well during a consumer recession ironically. Thanks for the replies - will double check my notes before i decided to chose that fund and see how much of it is property related and go from there i think.
Very confusing times though, trying to steer through it all. There are still good investments to be made AFAICS...
Cheers ~PHIL
Very confusing times though, trying to steer through it all. There are still good investments to be made AFAICS...
Cheers ~PHIL
Gassing Station | Business | Top of Page | What's New | My Stuff