Savings & investments
The high street provides a number of well known providers of savings plans. Before actually investing your hard earned money with anybody, you should ask the following questions :
Have I used my full ISA allowance for this current tax year?
How long am I prepared to tie my money up for, or do I need instant access to some or all of the funds?
I am saving for a specific goal or target?
How much risk with this investment can I afford or prepared to take?
The choice of investment fund and the provider, is all important in determining the returns you will achieve. For example, over the last 3 year period (August 31st 2003 to August 31st 2006) the UK All Companies Fund, Sector, shows the best performing fund returned 117.1%, whilst the worst produced 23.1%! (source: www.citywire.co.uk at 12/10/2006).
We can recommend the most suitable home for your money, ask us why.
