Where to invest in the credit crunch
This is a tough question Chillwinds but I suppose the right answer will all depend on where you see the global economy heading over the next few years. Although you have an adventurous attitude to risk, the riskiest areas of the market have been hit the hardest. China and the emerging market growth story took a pounding last year as consumer demand in the west tailed off, and the collapse in commodities did not help either. However, there are still long-term sound fundementals for investing in China and the emerging markets - they have rapidly growing populations and a hunger to develop, so I do expect these countries to bounce back by 2025! But don't just put all your eggs in one basket, a well-diversified portfolio of smaller companies, a bit of property and emerging markets should be adventurous enough for you!
Tue, 10/02/2009 - 18:15
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I have just started a new job and am setting up a new pension within the company scheme. I am not transferring any existing pensions so the fund will start from nothing. In the current economic climate and with no existing contributions to protect, I would like to try and invest within sectors which are currently struggling but may recover well in the long term. As I have nothing to lose yet I have a fairly adventurous attitude to risk presently although it would be my intention to move into balanced and low risk funds as the pension grows and my retirement approaches (approx 2025). Can you suggest sectors to look into to start this pension off.