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Best way to invest small amount of money.....

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  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    jamesd wrote: »
    Ark Welder, my comments were a reply to the original post which remains.

    In that case:

    a) so was mine

    b) I imagined a post that wasn't there

    :)
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • jamesd
    jamesd Posts: 26,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Good answer. :)
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    SergeyLEM wrote: »
    Do I understand right that the risks of trusts depend on the trust company?

    Not the investment management company, per se. If the company went bust then your investments would be OK because they are ring-fenced from the company's assets.

    The risks are more along the lines of the types of asset in the funds, the state of the economy (or economies) and the investment manager skill/luck factor. A fund's Key Features documents will show the types of risk that could affect its performance.
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    SergeyLEM wrote: »
    Are any scams among unit trusts?

    An interesting question. 'No' is an all-encompassing word and as I do not have all-encompassing knowledge then I would not use it. Especially when there are varying types of scam - there are some shadowy types out there.

    But for FSA-authorised onshore UCITS-compliant funds then the first £50K of your investment should be covered in the event of the fund assets disappearing.
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    SergeyLEM wrote: »
    Are any offshores funds?

    Probably. Somewhere. I'll hedge my bets on this one.
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.



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