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what investment trust to hold for next 10 year
brandydog
Posts: 90
Forumite
invest in a trust putting £50.000 in and drip feeding for next ten years what would you advise
thanks all
thanks all
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Comments
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It seems like a plan.Personal Responsibility - Sad but True
Sometimes.... I am like a dog with a bone0 -
Without providing more background info about yourself , you will not get any sensible answers to your question.brandydog said:invest in a trust putting £50.000 in and drip feeding for next ten years what would you advise
thanks all
eg Age: other investments; pensions; cash savings; risk tolerance; experience of investing etc etc
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What do you want this investment to achieve? Do you want it to grow or perhaps provide you with a steady income? Would you be prepared to forgo an element of either of those to preserve its value to some extent? What level of volatility are you prepared to accept? Why ITs and not funds? Without providing some, any, context this is a bit like asking what food or music or clothes would you advise
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OP doesn't have much of a history of returning to threads he starts.2
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Why only one trust?0
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Why investment trust? unusual for a regular contribution. Plus ITs are generally for more knowledgeable investors who understand the risks. They are not for invest and forget investors who cannot research things for themselves.
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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