What would a IFA recommend?

6022tivo

Just thinking, but what would a IFA recommend in this climate???

Dome nice commission earner fund, basic savings, bonds, shares. GOLD??

If I went along to one with 100k, what could he do for me mid term??

Stupid thread probably, but I have had a drinkies and feel a little down tonight..

greenface

keep drinking I'm feeling down too.I'm hoping man utd lose.IFA would recommend pushin ibrahimavic up a bit

Lokolo

Well theres no point recommending anything because it completely depends on someones timescale, risk factor etc.

For example for me, I am going equities and soon property (when I say soon I mean in about a year and half - 2 years), whereas someone else who might want to take less risks go for coroporate bond funds....

6022tivo

greenface wrote: »

keep drinking I'm feeling down too.I'm hoping man utd lose.IFA would recommend pushin ibrahimavic up a bit

I want UTD to win, as they will make sure Liverpool won't progress if Liverpool get through to the next round (Doubt it)

6022tivo

I am scared of getting involved with a IFA because of a bad experience with a bank one around 12 months ago.

I am concerned he or she will know less than me from looking at these forums.

Stavros_3

6022tivo wrote: »

I am scared of getting involved with a IFA because of a bad experience with a bank one around 12 months ago.

6022tivo

I remember him trying to explain he was a IFA (Independent) but salaried at the bank working full time for them..I think the way he was going would of earned the bank a huge commission sum with what he offered...

Glad I changed my mind, I would of been about 20% down, which would of been a lot.

Stavros_3

6022tivo wrote: »

I remember him trying to explain he was a IFA (Independent) but salaried at the bank working full time for them..

Its what we say in my neck of the woods as taking the Pish. Independant my arris. He was a tied financial advisor.

dunstonh

Damned if you do and damned if you dont. There is no magic crystal ball.

whiteflag_3

6022tivo wrote: »

Just thinking, but what would a IFA recommend in this climate???

Dome nice commission earner fund, basic savings, bonds, shares. GOLD??

If I went along to one with 100k, what could he do for me mid term??

Stupid thread probably, but I have had a drinkies and feel a little down tonight..

my suggestion would be

"how about we all go down the the pub and get rubber-leggit, drinks are on you!"

gozomark

6022tivo wrote: »

I remember him trying to explain he was a IFA (Independent) but salaried at the bank working full time for them..I think the way he was going would of earned the bank a huge commission sum with what he offered...

Glad I changed my mind, I would of been about 20% down, which would of been a lot.

I'm no fan of tied FAs, but being down 20% over the the last year would be nothing to do with being independent or tied