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£10,000 to invest
Options
rutters
Posts: 127 Forumite
Could anyone suggest a place to invest £10K for an indefinite period? Filled my £3k isa allowance and looking for a good home for the rest.
cheers
cheers
Before you criticise someone, you should walk a mile in their shoes.
That way, when you criticise them, you're a mile away and you have their shoes.
That way, when you criticise them, you're a mile away and you have their shoes.
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Comments
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If you are talking investments then you have a £7200 ISA allowance. After that you would typically use unit trusts or investment trusts.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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I was considering this option £7200 ISA.. £3200 cash rest as an investment.
But is the investment inshares etc a good option at the moment.
I have a European growth fund ISA and it has dropped 10.5% since October 970 -
But is the investment inshares etc a good option at the moment.
Better than any point last year and future is unknown as it always is.I have a European growth fund ISA and it has dropped 10.5% since October 97
Thats not much at all. In 6 months you lost 10.5% but how much did it make over the 5 years previous? Doubled? You take the ups and downs and average them out.
If you dont have the risk profile to handle a small 10% loss then you should alter your investments to use a lower risk spread.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 -
What is this £7200 isa? and is there a range of suppliers?Before you criticise someone, you should walk a mile in their shoes.
That way, when you criticise them, you're a mile away and you have their shoes.0 -
Thanks..so are there any good examples or are they all the same?
cheersBefore you criticise someone, you should walk a mile in their shoes.
That way, when you criticise them, you're a mile away and you have their shoes.0 -
Thanks..so are there any good examples or are they all the same?
cheers
Many people buy funds to put in their S&S ISA from fund supermarkets like Hargreaves Lansdown, Fidelity or Cofunds. This way you can choose funds from different providers.
See this thread for some good information.
http://forums.moneysavingexpert.com/showthread.html?p=10239911#post102399110
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