P
PGC
Guest
Hello,
This is my first post but I have been keeping an eye on the website for a while now. It’s an excellent site.
I have a question regarding my Standard Life capital savings plan (Life with profits). I started the plan in 1998 (guaranteed surrender date is April 2023) and in April this year when I received my yearly statement I had invested 26356 euros. The total fund value in April stood at 27043 and the value that I would have gotten if I cashed in the plan in April was 25645 euros so a loss of 711 euros after 14 years.
To stop throwing good money after bad I’m thinking of cashing in this plan. Do you think this is the wise thing to do or should I just stick it out and see what the next few years bring? I don’t have much of a financial head! Thanks
This is my first post but I have been keeping an eye on the website for a while now. It’s an excellent site.
I have a question regarding my Standard Life capital savings plan (Life with profits). I started the plan in 1998 (guaranteed surrender date is April 2023) and in April this year when I received my yearly statement I had invested 26356 euros. The total fund value in April stood at 27043 and the value that I would have gotten if I cashed in the plan in April was 25645 euros so a loss of 711 euros after 14 years.
To stop throwing good money after bad I’m thinking of cashing in this plan. Do you think this is the wise thing to do or should I just stick it out and see what the next few years bring? I don’t have much of a financial head! Thanks