Forum Archive Index - February 2000

["hugh webber" <hugh.webber@clear.net.nz>]

Brian, I guess I was a bit too sweeping. There is an argument for investing
overseas
if one is only into capital gain and not interested in income yield or tax
advantages. I've done it 
myself with Sausage and also a tiddler.

Preferably (in my view) one should read overseas material, particularly now
its
available on the Web, such as the AFR, the Wall St Journal, whatever
whatever 
and make the picks oneself.

But I can see that some busy part time people don't have the time to do it
properly
and therefore look for a relevant Fund to avoid defaulting altogether.
In that case I'd favour a small fund concentrating on one sector (one
Sharechat contributor
mentioned a highly successful one in the UK investing in a small number of
techs) rather
than the standard blancmange trying to avoid mistakes by tracking an index
and having
less real expertise than the average Sharechat contributor.

regards,
Hugh

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