The unwary investor may now buy the fund thinking they have a winner, but in reality, they are buying a fund that has spiked in one sector. Everything that spikes, soon rebalances itself, normally after you have just bought it and lose money.
This week felt like a throwback to a more innocent time, when simple things like the Bank of England's Monetary Policy Committee were all we had to worry about.
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Posted
Easy Mistakes to avoid with Investments
By Worldwide Financial Planning
Categories
Investment
There is no defying logic in investments. If you want the biggest returns - they will be found where the most fluctuation is.
This week we saw the absurd spectacle of the government supporting attempts to wreck its own Brexit plan, as the hard Brexiteers struck back following the Chequers agreement.