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Scottish widows
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Posts: 53 Forumite
I am in my early 20s and I am in Group plan with Scottish Widows and it has been suggested to me that I should go for the adventurous plan. I have been sent a booklet but there are a number of funds mentioned and I don't know which one to choose or whether I should choose more than one and which to go for.
How should I go about deciding?
How should I go about deciding?
0
Comments
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You never pick one fund. That is old fashioned investing and even if you picked the best fund of the moment, you would end up with less than a sector allocated spread.
You should pick across the sectors putting amounts into each which average out to match your personal risk profile (and not anyone elses)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
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