Hi there
I invested a lump-sum $20k in Irish Life's Consensus Life Series 1 fund in July 2007 for a 5 year term. My investment has dropped by 25% to date.
My question is ; in today's financial climate should I switch my fund into a better performing plan within Irish Life ?, (which one ?), leave as is in the hope of a share turnaround in the next couple of years ? , or suffer the 25% loss + the cash in charge and invest the funds elsewhere ie long term deposit account etc ?
What would be your recommendations ?
tHANKS