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Is this the right time to invest in Mutual Funds (2020)?
BharadwajIyer
Posts: 1 Newbie
There are contradictory statements on this weather to invest or not. Hence, wanted to seek advice from our esteemed community writers...
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Comments
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yes now is as good a time as any to invest in mutual funds2
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Any forecast will depend on your situation ...BharadwajIyer said:There are contradictory statements on this weather to invest or not. Hence, wanted to seek advice from our esteemed community writers...2 -
Have you researched them? otherwise how lucky do you feel?"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP1 -
The odds are approx 50:50 either way ....BharadwajIyer said:There are contradictory statements on this weather to invest or not. Hence, wanted to seek advice from our esteemed community writers...1 -
Since funds overall increase in value over the long term and no-one can predict the short term future successfully you are on average best off investing as soon as you have the money.
If you wait and prices fall would you buy because you could get more for your money or not buy because the fall made you even more nervous? If prices rise in the future would you buy at a higher price than now because you were less nervous or wait until even later because you were concerned that they were too expensive?
If you need the money in less than 5 years, or perhaps a bit more, dont invest at all.2 -
The same applies anytime you invest in stocks and shares. The reward is potentially greater, but so is the risk. As long as you don’t mind leaving your investment for at least 5-10 years, you should be ok.
The next part of yes, is which fund. Most would probably recommend diversification at first - so a global equity fund that should average out / follow the returns in the market.1 -
The term "mutual funds" is a bit of an Americanism that never took off over here despite some firms trying it.There are contradictory statements on this weather to invest or not.
Surely that comes down to the objectives more than anything else. Economically, there is nothing going on that would give any reason not to invest.
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 -
Which funds are you considering?0
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Yes, get on with it. Stop faffing about.1
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No,,the best time was a couple on months ago when the big panic was on..Feudal Britain needs land reform. 70% of the land is "owned" by 1 % of the population and at least 50% is unregistered (inherited by landed gentry). Thats why your slave box costs so much..0
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