I am over exposed in Irish property and wish for advice on diversification. I have €100,000 to invest.
Brief history….I have 7 properties in Dublin, 6 of which are rentals. All are in negative equity, however they are very profitable on a cash flow basis, albeit being on interest only with 17 year terms left.
I have no experience of the stock market and have been told that keeping the costs down is as important as picking the right shares. I would be a low to medium risk investor and am considering investing €25,000 in each of the following.
FTSE 100 TRACKER
Legal & General UK 100 Index - 0.10 per cent (0.06 per cent through Hargreaves Lansdown)
FTSE All SHARE TRACKER
Fidelity Index UK - 0.09 per cent (The charge is 0.07 if purchased through Fidelity.)
EMERGING MARKET TRACKER
Fidelity Index Emerging Markets - 0.25 per cent (0.23 per cent if purchased through Fidelity)
GLOBAL SHARES
Legal & General International Index Trust - 0.14 per cent (0.09 per cent on Hargreaves Lansdown)
My information has come from the following article….
http://www.thisismoney.co.uk/money/...915/A-guide-cheapest-index-tracker-funds.html
Any advice appreciated.
Brief history….I have 7 properties in Dublin, 6 of which are rentals. All are in negative equity, however they are very profitable on a cash flow basis, albeit being on interest only with 17 year terms left.
I have no experience of the stock market and have been told that keeping the costs down is as important as picking the right shares. I would be a low to medium risk investor and am considering investing €25,000 in each of the following.
FTSE 100 TRACKER
Legal & General UK 100 Index - 0.10 per cent (0.06 per cent through Hargreaves Lansdown)
FTSE All SHARE TRACKER
Fidelity Index UK - 0.09 per cent (The charge is 0.07 if purchased through Fidelity.)
EMERGING MARKET TRACKER
Fidelity Index Emerging Markets - 0.25 per cent (0.23 per cent if purchased through Fidelity)
GLOBAL SHARES
Legal & General International Index Trust - 0.14 per cent (0.09 per cent on Hargreaves Lansdown)
My information has come from the following article….
http://www.thisismoney.co.uk/money/...915/A-guide-cheapest-index-tracker-funds.html
Any advice appreciated.