Indeed a pause in the rise seems plausible

Some basic principles should be recalled.

The first is borrowed to de Gaulle, who was soaring toward "the Orient complicated... with simple ideas '. In the same way, should buy only what you understand. This implies a keep cool heads.

One of the greatest threats facing the investor is in fashion. By nature, she is attractive, but by definition it is the only one which obsoletes. However, at regular intervals, trends appear. They translate into a surging identical products in all banking networks.

The fall of 2000, it was the flowering of the Internet Fund. The bubble yet exploded a few weeks earlier! Only the industrial process had already been launched, he could no longer be stopped. In this case, banks had a little later responded to the popularity of their clients for the TMT madness. Throughout 1999, the rush of the new economy was reflected in a "spiel" from the first stock brokerage websites. All financial institutions had to participate in turn to the party. They have developed the funds dedicated to new technologies. Las, the time that they get marketing authorizations, the crash had already taken place.

Never mind! Still, it wasn't put to thousands of advertising flyers pilon. And then, did not wait The sector was well eventually to remake a health! We know what it did: six years later, the course of France Telecom, Alcatel and Vivendi have still not recovered their levels from before 2000 and the sicav filled to brim of these titles have still not been rescued.

To try to forget the slump of the course, the offer then referred as one man on the funds with guaranteed capital. History to install a safety net in declining markets, while leaving out a participation in an eventual recovery. The problem is that these so-called structured products is show business in a specific configuration of markets: when stock market prices are relatively stable. But if adventure, the indices fall too, the structure of these products, built from bonds and derivatives, does not allow them to absorb all the shaking. And when markets go back, even play online growth. Nonetheless, throughout the 2005, while the stock market was an amazing journey, these guaranteed funds have passed like hotcakes.

Apples and oranges...

Unlike, these days, the time is suitable to propose individuals. Indeed, a pause in the rise seems plausible. Instead, savers are offered funds dedicated to raw materials. Their transmitters seem indifferent to the violent correction that struck this area last spring!

It must be said that globalization feeds so imaginations. The need of China and the India energy justifies in minds oil sustainably expensive. Starting from this principle, of new investment funds were Flores. Their name has a magical sound: they are called BRICs, to use the acronym of Brazil, Russia, India and China. The idea of developers is that these four powers are global growth and in particular the need of the world in energy and agricultural raw materials. This reasoning is relevant from a macroeconomic point of view. But it is not enough to build a good trading strategy. In practice, these funds trap their subscribers in four awards: unstable (the Brazil), the second opaque (Russia), the third atonic (China) and the fourth highly speculative (India).

As fun to say, a professional, "it is exactly as if it is brought together in the same trust the Finland, the Lithuania, Oman and the Portugal." They have no relationship between them. But their combined initials expected ringing well: it would FLOP.

The author of the good word talking about gold. It was Henri Reiters, Director General of Fund Market, the Bank of Luxembourg and the CIC subsidiary. The structure he leads has specialty to analyze and then select the best funds in the world. Customers including receive advice to take advantage of the gains expected in the future. And not the reverse! Because, as observed Henri Reiters, "the most common trap in savers is to buy an already past performance". But individuals also buy their products with their personal concerns. And this is the essence. There are no two identical people, in terms of profiles, goals, of personal timelines or risk assessment. A good investment is the right to the Subscriber. In short, buy what you understand, it is also know yourself.