el chapucero
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Help !
Is it better to have a pension fund in cash or equities before a Euro Breakup?
If an equity fund is widely spread over all markets then will the money in that fund be worth more than a cash fund when converted back to Irish money after a breakup of the Euro ?
When the markets fall the pensions in equities fall and cash is unaffected but with a breakup of the Euro maybe the equities will lose less in value than the cash.
I hope to use this pension money to pay off some of the mortgage.
Is it better to have a pension fund in cash or equities before a Euro Breakup?
If an equity fund is widely spread over all markets then will the money in that fund be worth more than a cash fund when converted back to Irish money after a breakup of the Euro ?
When the markets fall the pensions in equities fall and cash is unaffected but with a breakup of the Euro maybe the equities will lose less in value than the cash.
I hope to use this pension money to pay off some of the mortgage.
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