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Sledgehead

"utter Maddness To Concentrate All Investments In 1 Asset Class"

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I note in today's section of the Telegraph called "Your Money" (wouldn't it be more appropriate to write it in hiragana / kanji? ), in an article entitled Unprecedented guarantees offered to customers, a stupid IFA attacks Northern Rock SAVERS with the words:

"It is utter madness to concentrate all your investments in one asset class or one organisation." (Philippa Gee, investments director of independent financial advisers (IFAs) Torquil Clark)

Right. But putting all your eggs and a further 4 times more borrowed eggs in one property is fine .....

... and then there's the "property as pension" crew ...

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Oh dear,the BTL merchant's have just fallen foul of several very basic rules of investing.

RULE 1: DONT PUT ALL YOUR EGGS IN ONE BASKET.

RULE 2: DON'T BE GREEDY,LOCK IN GAINS PERIODICALLY

RULE 3:DON'T OVERGEAR YOURSELF.#

....any fool can make money in a bull market.A REAL investor is the one that can survive a bear market relatively intact.

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I note in today's section of the Telegraph called "Your Money" (wouldn't it be more appropriate to write it in hiragana / kanji? ), in an article entitled Unprecedented guarantees offered to customers, a stupid IFA attacks Northern Rock SAVERS with the words:

"It is utter madness to concentrate all your investments in one asset class or one organisation." (Philippa Gee, investments director of independent financial advisers (IFAs) Torquil Clark)

Right. But putting all your eggs and a further 4 times more borrowed eggs in one property is fine .....

... and then there's the "property as pension" crew ...

Actually, anyone with over £35,000 long term in one institution is mad or lazy especially after the current turmoil. I count myself in the latter.

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Oh dear,the BTL merchant's have just fallen foul of several very basic rules of investing.

RULE 1: DONT PUT ALL YOUR EGGS IN ONE BASKET.

RULE 2: DON'T BE GREEDY,LOCK IN GAINS PERIODICALLY

RULE 3:DON'T OVERGEAR YOURSELF.#

....any fool can make money in a bull market.A REAL investor is the one that can survive a bear market relatively intact.

Mix and moderation. ;)

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Actually, anyone with over £35,000 long term in one institution is mad or lazy especially after the current turmoil. I count myself in the latter.

Obviously you should spread your portfolio across a range of failing banks instead.

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