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NU International withprofit Bond (USD)
dood1965
Posts: 2 Newbie
hi there
i bought a with profit bond USD with Nowich Union in july 2004,
invested amont is 100K
value as of july 2008 is 141K
as of to day I can get out with 80 percent + growth penality free
or the full amont less than 2k
considering the current state of the stock market
Shall i stay or go?
your advice will be appreciated
i bought a with profit bond USD with Nowich Union in july 2004,
invested amont is 100K
value as of july 2008 is 141K
as of to day I can get out with 80 percent + growth penality free
or the full amont less than 2k
considering the current state of the stock market
Shall i stay or go?
your advice will be appreciated
0
Comments
-
How will the taxation hit you?
Do you think that the markets will go down more or are we close to bottom?
Are other funds available?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
well there is no taxation effect as i am out of the UK.
I think at best the market will go down further and it best it will not get any better in the next year or so.
I have other funds available but may be for the nexr 6 months or so.
so the questiion is if i stay and the market gets worse could i be getting less than what i would get if i exit now, may be this will be due to the smoothing and payout policy of NU?0
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