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Scottish Widows Regular Savings Plan
elspeth240
Posts: 33 Forumite
I started a very small 15 year savings plan in 1997. Just putting away £40 a month as I knew I wouldn't miss it.
The value of the fund in Nov 2007 was £5,444 and today it is worth £4718. Do you think I should ride out the storm and wait until the maturity date in Nov 2012 or withdraw the money now?
I'm hoping that they with shares being low at the moment they will be investing wisely and in 2012 I will at least receive back what I have paid in.
Any advice would be appreciated.
Many thanks
The value of the fund in Nov 2007 was £5,444 and today it is worth £4718. Do you think I should ride out the storm and wait until the maturity date in Nov 2012 or withdraw the money now?
I'm hoping that they with shares being low at the moment they will be investing wisely and in 2012 I will at least receive back what I have paid in.
Any advice would be appreciated.
Many thanks
0
Comments
-
Hang on in there unless you have need for the money or feel that it is being badly managed.
No promises, but if you're comfortable with the risks the investment plan has, and the potential it gives, why change?0
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