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ISA drop in price
Millnsey
Posts: 1 Newbie
Hey, I hope someone can help. I've got an ISA flexible mortgage plan with Legal and General that is supposed to pay my mortgage and I've just received my latest statement. It has gone down by £5000, I presume it is because of the recent drop in shares. Is there anything I can do about it?
0
Comments
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You can read the dozens of threads already on this subject to avoid all of us repeating what has already been said.
If the mortgage is not due to be paid in the next 5 years then consider this drop to be great news. Regular contributions need periods like this to get higher long term returns. If its due in the next 2 years then be concerned.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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