(HSBA.L) HSBC Holdings PLC Buy/Sell

731.85 -0.80 (-0.11%) Down arrow Add to portfolio Set Alert Level 2 Desktop Trader

Discussion

find any discussion board:

Post message

List Previous Next View thread
Respond \| Vote up \| Vote down \| Email to a friend \| Neighbourhood Watch
Author	lolabe View Profile \| Add to favourites \| Ignore
Date posted	2009-11-07 17:53
Subject	Re: Roubini on the economy View parent message
Votes for this Posting	Voted 1 time. Not voted down.
Message
I'd like to heartily thank Monty, badnews and alkelhine for their excellent advice. I've had a devil of a job trying to find out the true costs with some of these fund schemes, once I got past finding out the annual management charge. Some have admin fees, legal fees, distribution fees and when you get beyond that lot there are dealing costs, entry and exit fees , known as front-end and back-end loads, and some have performance fees. They don't want to talk about all this stuff and adopt the attitude if you have to ask how much it costs, you can't afford it. I'm so disillusioned that I'm going to do my own thing, I just don't trust the fund managers, I feel this could be the next big financial scandal. I've decided on HSBC Holdings for my banking share, I will just buy it as part of my own portfolio and leave fund managers out of the equation. Now I'm going to turn my research to the pharmaceutical sector, if you have a particular favourite in that sector please feel free to flag it up. Many thanks again for your kind help. Lola
Respond \| Vote up \| Vote down \| Email to a friend \| Neighbourhood Watch
List Previous Next View thread

Respond

The content of the messages posted represents the opinions of the author, and does not represent the opinions of Interactive Investor Trading Limited or its affiliates and has not been approved or issued by Interactive Investor Trading Limited. You should be aware that the other participants of the above discussion group are strangers to you and may make statements which may be misleading, deceptive or wrong. Please remember that the value of investments or income from them may go down as well as up and that the past performance of an investment is not a guide to its performance in the future.

The discussion boards on this site are intended to be an information sharing forum and is not intended to address your particular requirements. Whilst information provided on them can help with your investment research you need to consider carefully whether you should make (or refraining from making) investment or other decisions based on what you see without doing further research on investments you are interested in. Participating in this forum cannot be a substitute for obtaining advice from an appropriate expert independent adviser who takes into account your circumstances and specific investment needs in selected investments that are appropriate for you.

Discussion Board Terms & Conditions FSA Market Abuse Fact Sheet