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Rules of investment - N.o. 3

7th June 2010

Never buy what you don't understand.

Some investments might sound exciting - and even appear to have delivered. Yet history is littered with simple-sounding ideas that, when tested by the pressures of markets, came crashing down.

Think Long Term Capital Management

The now defunct hedge fund that traded in bond spreads. Think split capital trusts, which resulted in millions of pounds of investor compensation. And now, think how banks bundling up sub-prime mortgages has affected the whole economy. If you don't understand something fully, steer clear.

To speak to an IFA about your investment strategy, please use the contact details below.

Contact Details: Richard Eastwood

.(JavaScript must be enabled to view this email address)

0161 785 3500

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