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INDEPENDENT FINANCIAL ADVICE CENTRE
You should remember that past performance is not necessarily a guide to the future. Market and currency movements may cause the value of units, and the value derived from them, to fall as well as rise and you may get back less than you invested when you decide to sell your units. The tax treatment of investments and pensions is not guaranteed and may change in the future.
Your home is at risk if you do not keep up the payments on a mortgage
If you have been given, won or earned a sum of money and you want to invest it there are several main criteria to consider before looking at the almost bewildering range of investments on offer. Ask yourself: -
1. What are you trying to achieve?
2. Over what period?
3. What risk are you prepared to take to achieve your objective?
Sure you can always buy Premium bonds but the chances of winning a major prize, £500 or more, are literally infinitesimal around 30,000,000,000 to 1.
If all the bonds in existence were blades of grass in a field, that field would be 64 miles long and 64 miles wide. Ernie has to pick your blade
Can you afford to risk your future on being that lucky???
For a more scientific approach click here
THE ADVICE CENTRE - making sense of a complicated world