We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

!! p!!!!!! v. !!PP

2»

Comments

  • itch_for_a_glitch
    itch_for_a_glitch Posts: 10,705 Forumite
    [Q!!!!=!a!d!y;66723242]Y!!'!! g!!!!!g a 4.2% !!a! y!!!d. Af!!! !!f!a!!!! !!!!!a!!! !f, !ay, 3%pa, !h!! !!!!m!! a 7.2% y!!!d !! m!!!!a!y !!!m! a!d !!!!d !! a! h!gh a! 9.2% !f !!f!a!!!! h!! !h! !ap !!!d !y y!!! !!h!m!. !! a!!!!d 7% !h!!!d !! !h! m!!!m!m !a!!! f!! y!!! !!mpa!!!!!, !!! 4%.[/Q!!!!]
    !!.
    !! 4.2% y!!!d, p!!! 4%( av!!ag! !!f!a!!!!) =8.2% !! !!av! !h! p!! !!!a!!y !!!!!!h!d a!d g!!w!!g w!!h !!f!a!!!!. !'m g!!!!!!g !! !FA !!!!d !! !!a!!!a!!y !xp!!!!d !! g!! !!a! !ha! ?

    !ha!!!, !'!! !a!! !h! F! !h!!.
  • atush
    atush Posts: 18,731 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    ????????????????????????????????????????????????
  • itch_for_a_glitch
    itch_for_a_glitch Posts: 10,705 Forumite
    atush wrote: »
    ????????????????????????????????????????????????
    Humph!
    I was accepting an IFA couldnt make a consistant 8%, so will go with FS scheme.
  • dunstonh
    dunstonh Posts: 120,512 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    8% is still too low. The critical yield is likely to be into double digits. Expecting double digits nowadays is too much of a risk.
    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.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    itch_for_a_glitch wrote: »
    Humph!
    I was accepting an IFA couldnt make a consistant 8%,

    Why do you think an IFA is going to make anything at all. As they are not actually investing the money. The fund managers are.
  • itch_for_a_glitch
    itch_for_a_glitch Posts: 10,705 Forumite
    Thrugelmir wrote: »
    Why do you think an IFA is going to make anything at all. As they are not actually investing the money. The fund managers are.
    I foolishly thought an IFA would be advising on the investments.
    Thats what the one I know does.
  • dunstonh
    dunstonh Posts: 120,512 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    itch_for_a_glitch wrote: »
    I foolishly thought an IFA would be advising on the investments.
    Thats what the one I know does.

    You are correct in that the IFA advises on the investments that should be used. This may include secotor allocation and the choice of fund manager. However, the IFA is not responsible for the investment returns. They will be what they will be and its the fund manager/fund house that is responsible for those.
    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.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.7K Banking & Borrowing
  • 253.8K Reduce Debt & Boost Income
  • 454.6K Spending & Discounts
  • 245.8K Work, Benefits & Business
  • 601.8K Mortgages, Homes & Bills
  • 177.7K Life & Family
  • 259.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture