Hi all,
Not me, but I have a friend who has approx 500k to invest.
Hes a company director, and has been saving into low risk pension plans over the past few years, but with high fees, the outcome, even before inflation, has been negative. Hes 48 at the moment, and happy to invest for 15-20 years.
Just wondering could you offer any pointers on what would be a suitable investment route for that amount, it could be repeated for the next few years also
Could an amount like that just be parked in something like a Zurich Balanced or Performance fund at 1% fee, and leave it there, or is that type of investment method for smaller value more regular contributions?
Thanks in advance.
Not me, but I have a friend who has approx 500k to invest.
Hes a company director, and has been saving into low risk pension plans over the past few years, but with high fees, the outcome, even before inflation, has been negative. Hes 48 at the moment, and happy to invest for 15-20 years.
Just wondering could you offer any pointers on what would be a suitable investment route for that amount, it could be repeated for the next few years also
Could an amount like that just be parked in something like a Zurich Balanced or Performance fund at 1% fee, and leave it there, or is that type of investment method for smaller value more regular contributions?
Thanks in advance.