Intelligent Money - your investment questions answered

[Gallons Per Mile]

You just need a pic of Bobbers in there somewhere now (check 'photoshop Bobbers' thread in The Lounge )

[JulianPH]

renmure said:

You can always tell the pro drivers.

Absolutely brilliant Jim!

I will send this to Jenson and Chris!!!

[JulianPH]

Just because!

[Phooey]

renmure said:

You can always tell the pro drivers.

brilliant

Nik looks like Buzz Lightyear

[Ruttager]

FYI The Website is having some issues.

[h0bbsy]

Is the IM website down - Just getting "Error establishing a database connection"

[Tony Angelino]

'Unknown error occured' on the log in screen for me.

[Ron-ski]

Tony Angelino said:

'Unknown error occured' on the log in screen for me.

Same here.

[dingg]

It's OK for me, could be your isp?

[Gallons Per Mile]

Working for me, maybe just a blip?

[JulianPH]

Works fine for me too, but I am having it checked out.

It does sound like a browser issue, but we want to make sure there is nothing our end.

Thanks for letting me know!

Julian

[JulianPH]

Phooey said:

renmure said:

You can always tell the pro drivers.

brilliant

Nik looks like Buzz Lightyear

And is just as stupid.

[2 GKC]

Two questions for Julian

how do you know Nick Burnham?

Also, my employer pension scheme is with RL. Their balanced retirement investment strategy puts all contributions into one fund; their UK Equity one. Seems like a lot of eggs in one basket to me - is that normal?

[Ron-ski]

JulianPH said:

Works fine for me too, but I am having it checked out.

It does sound like a browser issue, but we want to make sure there is nothing our end.

Thanks for letting me know!

Julian

Whatever it was its working fine now.

[PaulWoof]

I noted a banner at the top of the account screen regarding rebalancing of funds and unavailability but this has now gone. Is this still going ahead?

[S6PNJ]

and what does 'rebalancing' actually mean?

[Simpo Two]

S6PNJ said:

and what does 'rebalancing' actually mean?

You sell some of the stuff that has done well and buy more of the stuff that hasn't, so the fund stays within its objectives.

Scrape off the hills to fill the hollows, as it were.

I think Fidelity offer an auto-rebalance facility but I haven't tried it.

[JulianPH]

2 GKC said:

Two questions for Julian

how do you know Nick Burnham?

Also, my employer pension scheme is with RL. Their balanced retirement investment strategy puts all contributions into one fund; their UK Equity one. Seems like a lot of eggs in one basket to me - is that normal?

Nick and I are just mates with similar interests.

Yes, everything in UK equities means you are covering just c. 4% of global equity markets. They will have other options (this is likely to be the default one) and I would be happy to talk you through these.

Cheers

Julian

[JulianPH]

S6PNJ said:

and what does 'rebalancing' actually mean?

John (Simpo Two) got it spot on.

Let's say you had 10% exposure to one market/stock/bond and this was part of the objective of your portfolio.

If that 10% grew or fell by 5% your portfolio would now not be meeting its objective as you would now be overweight or underweight in that sector.

Rebalancing is simply putting thing back to how the were supposed to be.

We rebalance our portfolios every quarter (though sometime we do this more frequently or less frequently, as market conditions change) and all this means is we sell down gains to make discounted purchases of other holdings, in order to keep everything aligned to the original purpose.

If you want a chat about this just PM me.

[Tony Angelino]

Ron-ski said:

JulianPH said:

Works fine for me too, but I am having it checked out.

It does sound like a browser issue, but we want to make sure there is nothing our end.

Thanks for letting me know!

Julian

Whatever it was its working fine now.

Ditto
[Insert joke about funds being lower than they were yesterday so there's still a problem....]